How I built a company of $ 20 million while I was still at college |

Wealth building in the first bill to fail once in your life, when nothing to lose all overcome.

I built 10-year-old companies in the amount of $ 20 million, and I also made wealth of the rich, I'm not in the game, I intend to explode time in my life when you are not lost.

Emil Barr edited Chelsea Brown

- With little to lose and tolerant risky, young managers can bring bold materials can do other others can not tolerate.

- Diversification protects the existing wealth, but young entrepreneurs should pay attention to the concentration.

- Discussions are about understanding that other values and presentation are better than the best options.The best chance of thinking comes as a solution provider.

- Instead of the Safimization and Sustainable Progress, twenty-year-old, have a cycy results and asymmetrical results.

The opinions expressed by investors are theirs.

At the age of 22, I built two companies in the war of the billion dollar, collection at the time the chemi of Miami paid to pay your $ 200,000 for subscription.When my classmates were buried in school and partying, I was burning on nights and I love it.

Before these factories repeat, it was easy to write as another child who plays an entrepreneur.At the beginning of the twenty years, I constantly play it safely: Get the first decent job you can find, make up 10% payments on time, increase the payments on time, increase the payments on time and increase the payments.Young people approached money and considered a disposable window to build a real lever of my early twices.

I do not enter the mindset.I win with my heart.

Related: 15 years of 15 people have built a million companies on his age

Your best better is not what you think

When I was 19 years old, I borrowed hundreds of thousands of dollars to start social improvement (now Candid Network), no credit ratings, no assets and no real safeguard plans. It could say that I am reckless, in theory, I would not be in disagreement with you, but I added that the most dangerous moment to swing is also the surest.Do they want to do my dormitory furniture? My favorite sneakers? When you have no loss, you can take the risk that will frighten people with warranty and family.

This freedom is a great window, most of these young entrepreneurs are favorable, but the real margin is an asymmetric risk tolerance.You wait every year, you should lose: communication, reputation, lifestyle.

The second thing I have learned is that it is appointed to protect any wealth, but what you need to concentrate in creating new wealth and at any time!) To concentrate.The world says you keep your choices open?Carie, but instead, I spent four years seriously deeply involved in the social media and the development of staff since my age.Focusing on something good was better than anyone else to be my age, who gave me a clear opportunity when I started companies in both places.

Related: Why is your 20 years the best time to start business

The reconciliation of the settlement of $ 200,000

Traditional advice and earned negative advice.

When I negotiated with Miami University to cover my lesson, I can't be able to see their program.The campus refuses to which interests, the real belief - and that was $ 200,000 she paid to pay me to enroll.

Most young entrepreneurs make the evaluation of what they can provide specifically, but the best opportunities still come from thought as a supplier of solutions, not as peace.It works, whether you are negotiating with universities, customers or investors, and that you were 21 or 99 years old.

All of this happens to other types of math.Normal travel grows directly from the curves, but the average person can take zero.

If you are 22 years old, if you are in a college it is just a college expansion.If you have a 34 family then that script cannot enhance you.

What is the greatest class of class to teach to be young as a year?

The congested result is not talking anyone

The property does not come from forecast and the main movement of the brain I have to be as a young man only to obtain verification at any time possible.

Instead of the certainty and slower - which leads to money, no true wealth - which types they should see.

All the Agreement of the 19th year has reached me to raise me from the time I have been saved, and can accelerate the culture in any traditional path.

Don't expect it to be easy, because it is not.I have found my first 80 kilograms, I sleep three hours a night and I use projects that can crush if everything happens, but say that all this is not helping the uneasy way can help more.

If you ever ask yourself to bet in youth, keep in mind that the traditional path will always exist, but there will be no proportional opportunities.