7 Principles For Teenagers To Become Millionaires

``` # **7 Principles to Become a Millionaire as a Teenager** Are you a young, ambitious individual, maybe 17 or in your early 20s, eager to achieve significant success early in life? If so, this guide is for you. I'm going to share seven principles that can help you become a millionaire as a teenager or young adult. Remember, while achieving millionaire status at 18, as I did, isn't typical, following these principles significantly boosted my success, leading to a net worth in the tens of millions by 23. This advice comes from firsthand experience. However, I acknowledge the role of luck, timing, and perhaps even divine grace in my journey. Keep that in mind. Before diving in, for those seeking more personalized business advice, I've created an Instagram account called @talkwithEman where I host weekly Q&A sessions to answer your specific business and life questions. Feel free to request to follow – my team admits a couple thousand people each week. Let's get started. ## **1. The Pawn Before the King** This principle is crucial: To be a king, you must first be a pawn. This concept seems to be a sticking point for many in our generation. Growing up with traditional values of respect, instilled by my Eastern European and Middle Eastern background, I learned the importance of the pecking order. You respect your elders, even if they are less successful than you. Listening to their wisdom is invaluable, even if you don't adopt everything they say. You have to earn your stripes. I began my entrepreneurial ventures at 14, learning the ropes of working with clients and paying my dues. Think of it like joining a football team. As the rookie, you'll carry equipment and perform tasks that might seem menial, but these experiences are essential steps toward becoming the captain. Today's social media culture often promotes the idea of skipping steps and jumping straight to the finish line. People may ask me why I recommend business models I used early in my career instead of what I'm doing now. But it's because those early models were accessible to someone starting with no resources, connections, or capital – a true "pawn" position. Remember, there's honor and nobility in starting at the bottom, respecting the process, and gradually working your way up. ## **2. Dress to Elevate** As a young person, you'll inevitably face skepticism due to your age. Avoid making it worse with your attire. The way you dress can significantly impact how people perceive you. A 30-year-old in trendy streetwear might look younger than an 18-year-old who dresses classically. You do not need to spend a fortune on designer labels. Instead, opt for clothes that lack prominent branding. You don't need to wear three-piece suits. A simple black T-shirt, well-fitting trousers (avoid skinny jeans), and classic shoes can create a presentable look. Sometimes, less is more. Master classic, timeless styles before experimenting with suits, blazers, or double-breasted options. For instance, a well-fitted white or black T-shirt paired with a blazer, trousers, and smart shoes offers a versatile, sophisticated look. Dressing to elevate is especially important when entering the business world at a young age. Don't give people a reason to dismiss you based on your age and appearance. ## **3. Find External Humility** Ambition is fantastic, but without something to keep you grounded, you risk becoming arrogant. Engage in activities that humble you, like combat sports or starting a business. The market will objectively assess your abilities. I remember hiring my first full-time employee at 17. They quit after only a few days. It was a humbling experience that made me question my leadership skills and abilities. Now, with 150 employees and 40,000 job applications each year, I realize that experience shaped me. It instilled the humility necessary to lead effectively. Whether it's business challenges or physical pursuits, seek external forces to keep you grounded. Success at a young age can easily lead to arrogance, making you your own worst enemy. ## **4. No Casual Dating** Focus on building something serious or avoid dating altogether. Your teens and early twenties are crucial for building a strong foundation. Either find a supportive partner for a serious relationship, or avoid casual dating altogether. Casual dating can distract you from your goals and expose you to the complexities of modern dating culture, where you'll be competing with established individuals. Having fun is fine, but remember that you become more attractive to women after 25. Use your younger years to build a solid foundation. A "day one" girl, someone who supports you from the beginning, is invaluable. If you find that, prioritize it. Otherwise, concentrate on your goals, and there will be plenty of time for fun later. ## **5. Small Circle, Big Influence** Maintain a tight-knit inner circle but cultivate a wide network of acquaintances. Many people confuse acquaintances with true friends. True loyalty is rare. Surround yourself with genuine people, not those seeking clout or money. Focus on personal strength, so that you can't be swayed by superficial offerings. Build bridges instead of burning them. Be polite and courteous. However, recognize that you can only have a select few true friends, those who will love and support you unconditionally. ## **6. God Will Test You** Making your first million in your teens or early twenties is an accomplishment, but the real challenge is sustaining and multiplying that success. God will test your ability to handle your success. This includes maintaining humility and using your resources wisely. As mentioned earlier, activities that humble you, such as business or martial arts, will allow you to prove your metal. If you lack external humility, challenges that test you will arise through divine intervention. If you focus on superficial displays of wealth instead of continuous growth, you risk losing what you've gained. Seek mentorship and remain grounded. ## **7. Invest Early and Often** When you make money at a young age, invest it as quickly as possible. Focus on assets that are difficult to sell. Consider property or physical gold. While crypto or stocks can be beneficial, their ease of sale can be a detriment when you're young and prone to impulsive decisions. At a young age, you're likely your own worst enemy when it comes to money management. Investing in less liquid assets forces you to save and grow your wealth. Supercars and flashy displays won't impress people as much as you think. Most will assume you were lucky or had help from your parents. Invest early, and allow yourself to enjoy the fruits of your labor later in life, when people are more likely to appreciate your accomplishments. I hope these principles provide valuable guidance. Remember, I offer more personalized advice on my Instagram, @talkwithEman. Always know that I'm watching from afar and I'm rooting for you! ```