The Level Up Podcast w/ Paul Alex - How I Made $1 Million Before Turning 29

Episode Date: September 20, 2024

In this episode of The Level Up Podcast, Paul Alex reveals his personal journey to hitting a $1 million net worth before the age of 29. If you think building wealth at a young age is impossible, Paul is here to prove otherwise and show you the strategies that worked for him.Key Takeaways:Stop Trading Time for Money: Shift from working more hours to creating scalable systems that generate residual income.Diversify Your Income Streams: Invest in assets like real estate and businesses that appreciate over time and don’t rely on just one source of income.Mindset is Key: Surround yourself with mentors, take calculated risks, and focus on long-term wealth creation.Build Financial Freedom: Once you have systems in place, use your newfound freedom to scale, reinvest, and grow your wealth.Paul’s story, from working 100-hour weeks as a detective to achieving financial freedom through side hustles, investing, and strategic growth, is full of actionable insights for anyone aiming to hit that first million.“Your Network is your NETWORTH!”Make sure to add me on all SOCIAL MEDIA PLATFORMS:Instagram: https://jo.my/paulalex2024Facebook: https://jo.my/fbpaulalex2024Youtube: https://jo.my/ytpaulalex2024Linkedin: https://jo.my/inpaulalex2024Looking for a secondary source of income or want to become an entrepreneur?Check out one of my companies below to see if we can help you:www.ATMTogether.comwww.Merchantautomation.comFREE Copy of my book “Blue to Digital Gold - The New American Dream”www.officialPaulAlex.com

Welcome to the Level Up Podcast. I'm your host, Paul Alex. I went from being a cop to an eight-figure entrepreneur that helps average people like you and me make money every single day. I created this podcast to help you get motivated and to crush your goals. Let's win together.

Remember, I have your six. Get ready to level up right now. Welcome to the Level Up Podcast with Paul Alex, where we focus on leveling up your mindset, business, and life. Today, I want to share a personal journey, how I made $1 million before turning 29. Well, guys, if you guys are listening to this right now, if you think hitting a million dollars is out of your reach, let me tell you something. It is not. But it requires thinking and moving differently from most people. So back when I was a detective in

law enforcement, I was working 80 to 100 hour work weeks, thinking hard work alone would get me there. But I realized something important one day. If I kept trading my time for money, I'd always be stuck in the same loop. To break out, I needed something scalable, something that would create residual income. That's when I got into automated teller machines, the ATM business. What I started as a side hustle quickly turned into a steady stream of income that paid me whether I was working or not. This little side hustle that made me financially

free gave me the freedom to focus on bigger projects. So here's the secret. Your first goal shouldn't just be about earning more. It should actually be about creating a system that earns for you. So once I had that financial freedom, I didn't just stop there. I reinvested in real estate and assets, steadily building my net worth. Between my side hustle, my investments, and my strategy of still working my nine to five, I hit a net worth of over a million dollars before I even turned 29, guys. Real wealth is built by diversifying. Don't rely on just one stream of income. Build assets that appreciate over time. With that foundation in place, I had the freedom to launch a few other companies in industries like merchant services, which is credit card processing, and digital

marketing. These ventures allowed me to scale even faster, helping me move from being a millionaire to being a multimillionaire. So here's the truth. Financial freedom isn't about working more hours. It's about building systems and assets that work for you. I can't stress this enough. Mindset is everything. I surround myself with mentors, people who already done what I wanted to do. They pushed me to think bigger, take calculated risk, and stay committed to growth. If you want to hit your first million dollars, you have to stop thinking small. Start building a wealth-generating mindset instead. There were challenges along the way. There always are. But I stayed focused on process, creating value, investing in assets, and scaling my businesses.

If I could do it, starting from the humble background of coming from an immigrant family and working insane hours in the streets of Oakland, so can you. It's all about strategy, mindset, and execution. That's how I made my first million and built a net worth of over a million dollars by the age of 29, which then became the launchpad for building multiple companies and becoming a multimillionaire. Thanks for tuning into the Level Up podcast. I'm Paul Alex. Remember, the journey to wealth starts with one step. So let's keep leveling up one step at a time. See you in the next episode and let's level up.

Remember, I always have your six. Make sure to share this episode with your family, friends, and anyone you care about. The world's already hard enough and we need to take care of each other. Make sure to share this episode on Instagram, Twitter, Facebook, and share it with the world. Do me a big favor and tag me, Paul Alex. Also, keep the five-star reviews on iTunes coming. This episode is going to help change the way the world thinks and will help everyone level up in their life. And lastly, if you want to continue to level up,

learn more about business and life, then make sure to get a copy of my book, From Blue to Digital Gold, The New American Dream, on Amazon or at officialpaulalex.com.