This content was created by GHION.AI . This content was uploaded by GHION.AI . This is a YouTube video titled "Keeping the Gas On" created on February 22, 2023. It features a discussion among multiple speakers about career advice, focusing on taking risks early, building equity, and maintaining momentum to achieve financial success.
Chapters
What is the advice that you would have given to your younger self so that you could have maybe you have avoided mistakes or have even more success than you've already experienced?
People ask me, well, Emmy, if I.
Don'T even have $1,000, I'm just hoping to make a million, how do I make $100 million?
There's a three step process. Break in, build equity and break out.
So you break into the industry that you really think is going to be, first of all, you're going to enjoy and it fits with your personality and it has the opportunity to give you success.
Then you build equity.
You're either running a fund, you're getting paid for performance, or you own equity in a significant startup. And then later, if you want to move beyond that hundred million or you.
Want to make sure you make the hundred million, you then need to form.
Your own company, form your own fund, your own fund company.
So when I, when I think about that process and I look at what I did with my life, I did the first two steps. So what I would give. So I took plenty of risk early.
The two big things that I say.
To students is take big risks early.
And then keep the gas on.
The take big risks early gets you.
To a million to 5 million, to 10 million by age 30. As long as you take the right.
Risks and keeping the gas on moves you from that 10, that 8 to.
10 to 12 million to the 100 million by age 50.
And so that breakout moment that keep.
The gas on is the thing that I would remind myself. I was great at taking risks and I did not keep the gas on. So that's what I would advise myself, my younger self.