Motivation Daily by Motiversity - Young Millionaire Explains His Simple Steps to Self-Made Success
Episode Date: October 27, 2022This is 20-Year Old Self-Made Millionaire Iman Gadzhi's Ultimate Advice on becoming Successful from a Young Age.Speaker:Iman GadzhiIman is the owner of a highly coveted advertising agency called IAG M...edia that has worked with clients such as Oura Ring, Kevin Rose, AJ&Smart, FuroSystems & many more. Follow Iman:YouTube: https://www.youtube.com/channel/UCQ4F...Music:Epidemic SoundReally Slow Motion Hosted on Acast. See acast.com/privacy for more information.
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I was pushing for a long time to drop out of high school,
but everyone thought about it was fucking stupid.
Even my own business mentor was like,
even don't do it is ridiculous.
Everyone else around me was like, dude, like, what are you doing?
Now I look like I'm a genius for doing and stuff like that,
but at the time I looked just so fucking stupid.
So yeah, the reason behind why I dropped out of high school
was because I genuinely at that point could not manage doing high school and business at the same time.
I don't advocate dropping out of high school.
I don't advocate dropping out of college.
I don't advocate anything within that realm.
I'm just sharing my personal experience because so many of you guys have asked.
The reason I dropped out of high school was because, dude, I was getting like two, three hours of sleep a night.
I was trying to juggle both things.
I've always just kind of had to make my own money, be the man for myself, take care of myself.
Around the time that I dropped out at high school or before then I was just doing simple
freelance work, you know, because to me that was a simple equation.
You put time in and that equates a certain amount of money and then you put a value on what
your time is worth and that's how much money you get per hour.
So yeah, that's what I was doing and then I got more into the business side of things.
Social media was initially how I first started social media marketing.
That was kind of how I got my start with my personal brand which actually got me all those opportunities.
I always emphasize to you guys that you really do need to pick and choose who you're friends with and
That different people are going to serve different purposes in your life and that's okay
So I've been super blessed this last like six months because I've met so many people
Whose vision aligns with mine and it's so cool to see you know people like read just going places
17 one of my friends Ted he's 18 going places even meeting people who are a lot older than me people like Quinton
Good friends with he's whatever 23 one of my friends
he's an investor I'll show you guys a bit more of him he's coming literally to
London staying with me tomorrow it's so so cool and guys don't underestimate the
sort of energy you can get from other people it really really does spread so if
you're hanging around and I hate to say it a bunch of losers if you're
hanging around people who don't really understand what you're trying to do that
dampens your energy now I don't want to get too esoteric with this but look I
really do believe that there's like a sub-submibular
oblivital energy and they were all sort of you know outputting a different energy
if you're trying to be on one wavelength and someone else is on another it just it won't work guys
and for a long time i was sort of i'd say lonely i would have friends i would have friends that i
joke with but for a long time there was people that were in my life but i couldn't really share
my vision with i couldn't i couldn't talk to openly about my goals and my ass
and you end up feeling quite lonely from that and it's something I had to deal with for quite a while
But look, that's fine
Honestly, I would rather be alone with my own thoughts than with people who are negative
berate what I'm trying to do in my life because
At the end of the end of the day those people are just scared that you're gonna rise up
and find no use from them anymore. Don't get angry at people when they throw negativity
thrown hate your way because at the end of the day they're just scared
that you're going to develop so much
that you find no use for them anymore.
I've seen that time and time again in my life
and it's something I've sort of had to move past.
So I know there's a lot of you guys watching
who, you know, you have friends
who don't really understand what you're trying to do.
Don't get angry at them,
but also you don't need that shit in your life.
Cut that out immediately.
Trust me, being lonely for the next couple months,
couple years, it's going to be fine
because there's someone out there
who loves what you're trying to do.
They love the vision you have,
the drive you have, the passion you have, look, you could be into the f-wearedest shit.
It doesn't matter. There's someone out there who shares that same interest, same, shares
that same passion. And once you meet that person, I swear the amount of energy you guys
will bounce off each other, it's incredible and it's worth it.
Start your business, you start your online business while you're in high school, while
you're in college, while you're doing your job. And then it gets the tipping point, right,
where you have enough money from your online business or whichever business you're doing
that it can sustain your lifestyle.
You know, so I figured out what is my overhead?
And this is, like people think, oh, you man, you took the risk, you burned the bridges, you dropped out of high school.
No.
I thought about it systematically.
How many months do you think you need in savings to make this like a viable option?
And I went, okay, I need four months because four months will give me enough time.
Like I'm already in that mentality, sink or swim, but four months is enough time for me to really get my shit together and take this properly.
Okay.
So I go, I need 10,000 pounds basically.
And I need to get 10,000 pounds and I need that either lump sum in deposit or written contract,
right, binding written contract.
So I go, all right, what's my timeframe to do this?
Because you need a timeframe for these goals.
I go, okay, if I can do it in the next eight weeks, then I'm gonna drop out.
And I did it in two and a half, roughly.
In two and a half, I signed three and a half thousand a month pounds in retainers binding contract.
And those contracts, all those contracts were for three months.
So if you averaged it out, the last month lost, it made roughly 2,500 pounds.
So that is, that was my thinking behind how to drop out of high school.
You know, show that you're putting an effort and yeah, you can drop out of high school
before 18.
But I do not recommend it for pretty much 99% of you.
You know, I knew I was gonna make it happen because keep in mind, I had a track record, you know.
I've been reading a book a week since I was 14, you know, I've built up discipline, I've built
up a work ethic, you know, so for me, I had a really good skill set going into this.
Now, how are you actually going to make that money?
You know, how are you even going to get to your, how are you going to get to the tipping
point?
How are you going to get to the overhead you need to get to?
Realistically, and as I said, I have no attachment to any sort of financial vehicle
out there.
Realistically, online business is the only way to grow that quickly and scale that quickly.
So, you know, in terms of online business, you have Amazon FBA, which is great.
You know, there's people crushing it.
But you need a bit of a startup cost for that.
If you do, go for it.
You've got drop shipping, once again, great.
You've got affiliate marketing.
Once again, great.
With FBA and affiliate marketing, really, if you want to get started properly, you need
at least, I would say at least a grand to three grand.
Then you've got stuff like social media marketing.
Once again, that's great because you don't really need much equipment.
You know, you can start running ads, you can start doing
the management and the growth of clients pages.
And like, to get one client at a K is so fucking easy, you know, and now you're making
one K a month and that's great.
For most of you guys, I'll even cover your overhead.
The next one is friendships.
You know, a lot of people out there, if you don't talk to them for a while, they'll be
like, oh, you switched on me or you turned on me or you're a fake friend.
Like no.
And luckily I never had this in my friend group, you know, or at least seriously, but it's like,
no, I'm not a fake friend.
I'm just trying to build my future and I'm busy.
So I can't talk to you every fucking day or see you three times a week. All right. So you should feel
Absolutely zero remorse for six months. You know you got to hide in your office or hide in your
bedroom or do whatever and immerse yourself in work. So that way you can come out on the other side.
A lot of the time I you know even with some of my best friends I've had it where it comes across that
Maybe I'm a little snobby or maybe I think a little bit too much of myself or something along those lines. That's not it at all. It's just I literally have to be
you fucking selfish with my time and my energy in order to long term take care of my friends
when they need me.
Just remember that.
If your friends are telling you you you're a fake friend or you switched on us with this
thing, it might hurt a little, but ignore the noise.
All that is is noise and it brings along a sense of guilt that it really you shouldn't have
because yeah, maybe short term you can't see your friends as much, whoop-de-do, but long-term,
if you build an incredible business and you have more resources, you can do more cool things
with your friends, you can take care of some of your friends if they actually deserve it and
And you can also build a business that then you can be hands off with.
You know, if you build a successful agency, you can then be hands off with.
And then anytime they do bring you for a coffee, you can actually guilt-free, go ahead
and have a coffee with them or go on a holiday with them or whatever the case may be.
I hope this video has been helpful in terms of just taking this weight on your shoulder,
feeling as though you have to make your parents happy, you have to make your friends happy,
you have to make your partner happy.
And long term, you should have a great relationship with all these people, but short-term,
you're going to have to make some sacrifices, you're going to have to put your foot down,
you're going to have to be a little bit selfish.
So the long term, you can have even better relationships with all these people.
You know, you can show up better and be a better friend, a better son or daughter or a better partner for the person that you're with.
