Hey friends, appreciate you watching. I hope you got some value from this one. If you want to keep up with my weekly musings on productivity, business, really just how I try to make progress - I have a newsletter you might want to subscribe to. Also, by joining here you can get the free download of my 3 Step Millionaire Productivity System (just wait for the pop-up!) www.anthonyvicino.com/
Shouldn't the success formula be Skill x hard work x duration x luck (not divided by luck.) If you're luck is less than average it would be .9 or less and if it's above average then 1.1 or higher. Also, successful young you-tubers are good role models; they didn't get to the top by genetics (though a few have that 'Human Golden Retriever' factor, many aren't even decent looking; like MrBeast's gang and Logan Paul's crew.) If you want a top athlete with poor genetics, Jose Canseco overcame scoliosis and juvenile arthritis to become the greatest athlete in the world in 1988 and still a top athlete over a decade later and still occasionally playing independent leagues 17 years after being blacklisted by baseball 13 years before other top steroid players like A-Rod (who nobody even likes, look at the comment on 'The Other Guys.')
$5,000😂 oh you haven't heard of the ones that usually go for north of $50,000 but just for you it's $199.99, the best part is you're guaranteed to be a millionaire within 90 days. Step your game up mate
You give me the same vibe my high school statistics teacher gave me. Essentially “doubt all the numbers”. The quote at the beginning “the numbers don’t lie, but I can make them say anything” sums it up perfectly.
Aw man, you must've had a really cool stastics teacher (j/k. I'm just saying that to make myself feel better about being compared to a high school teacher). ;) Seriously though, that's good advice he/she gave, for sure!
thats the thing with statisitics i realized over time, its full and full of misinformation and factors you dont think about, so take it with a grain of salt
I found the book How To Lie With Statistics when I was ~13. Also, in college I toOK the course on how to read a study and the classes takeaway was about how much BS there is in science. Just look at the Health, Fitness and Wellness arena. Other arenas arenas just arenas results bad, even though they are as research taken for gospel.
I am not gonna lie, these youtubers really made me feel like a failure who is just doing his job and paying bills. In last few months I started hating my job, until now I realized that I dont really hate my job as much as these people make me do. Thanks for opening my eyes!!
I can relate to this! It's frustrating to watch all these UA-camrs making $$$$$, when you're grinding in a high skilled job making $$. It can be super disheartening. But playing the long game might pay off more. Investing wisely, building your skillset, and eventually creating your own business in your industry is a solid strategy as well.
The main problem is the financial system. The rich are just siphoning off money from the middle class and governments. I don't dislike rich people and wish everyone the best and they probably don't realize how hard it is for the average person these days. Between taxation and inflation the working class slowly got poorer, the gold standard at least kept checks and balances in place.
Very good video. I dislike these "How I made my 1st mill by 19 UA-camrs". Zero reason because theyre success and young. But because they market themselves as getting it from their hardwork and intelligence but intentionally leave out details about their family history. They came from money. None of them grew up poor or middle class. Yes they are still motivated, ambitious, and intelligent. But they hadfinancial backing, family education, and affluent connections.
i used to watch these guys all the time but i realized that i don’t even want to be rich. i just want to be comfortable and do better than my parents were able to do
This is me too. I don't want to be rich, I want to be comfortable. I'm currently building a 1 bedroom mid century home on a huge lot, with alot a garden space and a great workshop. I don't need a mansion. I don't been a fancy car because public transport has been reliable and great. I have more time to focus on myself, travels and hobbies because I'm not spending all my time working towards becoming a millionaire. It's a very fulfilling and stressfree way to live.
I love how you said, in a comment, "it's all about how success looks to YOU". That is my biggest take away from this because, seeing all of these hustle mindset videos being imposed consistently can make us anxious, drained, and go down a route of chasing dreams instead of appreciating the moment that we are in now. There is so much to be grateful for. To everyone seeking success, just do your absolute best but don't forget to take care of your mental health; your mind, body, and spirit needs you too.
It's crazy that people don't realize THEY get to define success fo rthemselves. Once you realize that, you can rig the game to guarantee success because YOU make the rules.
These ‘gurus’ aren’t successful business people, just social media influencers who sell online courses where they make 99% of their money. Tate & Gadzhi are classic examples
Man you really keep it 100%. I've seen a lot of videos that make me scratch my head because they are throwing big terms and numbers around without anything to back it up. Screenshots of 1 day's revenue and multiply by 30 to form a monthly projection when you know damn well they picked the best day to show you. Only showing positive returns on their portfolio etc... They are truly showing the bestest of the best highlight reels and so many people are fooled by the facade. Man we need more people like you for reals, thank you Anthony.
This video is massively important, especially for the youth(like me). It's really easy to feel that you're not doing enough especially when you see people younger than you doing insane numbers left and right. Statistically speaking a millionaire in their early twenties is like a unicorn, but they seem to be everywhere all over social media. The reality is that everything isn't always as it seems, and at the end of the day, with some good video production skills anyone can be anything they say they are if they can sell it good enough.
Yes they seem to be everywhere, yet we know for a fact that it’s extraordinarily rare. Now stay with me here…do you think some of them might be completely lying?
Or it's daddy's money and they need to branch out by trying to sell shit to impressionable yutes to keep the lifestyle going. You hear some of this guys talking and you see the red flags from a mile away, that guy immitating the Enron scam has some videos where he clearly shows he was born with his ass turned up to the moon. Like one friend millionaire I have says: the best advice I have is to have a rich af dad.
Yes but hard work alone doesn’t make you rich. In many cases it’s not even mandatory, since most of millionaires and billionaires today have only inherited their wealth (and their family’s address book).
As a 21 year old girl who has been living alone for over a year and pays bills, and works a full time job just to make ends meet this is honestly really helpful, I know I’m smart enough to do what they do but the pressure of mistakes really makes me go into this whole cycle of being terrified of the future, knowing other people are making mistakes so openly makes me feel a lot better, I wish more entrepreneurs would express how they felt when they were my age and what anxiety’s they still have and how they over come that
I'm glad you're finding these videos helpful. Just know that you're not alone and that all of us, regardless of where we are on the journey, have struggles. Also, don't lose sight of the fact that you're still SO young and you have a ton of time ahead of you. Be patient.
All business has risk. Prepare to fail many times. Learn from your mistakes though. If that makes you uncomfortable, then you may have an employee mentality. You have to be able to step out of your comfort zone and keep taking progressively larger risks.
I’ve come to notice that as long as the influencer gets a call right just one time then some people will forever look at the influencer as “legit”. It doesn’t even matter how many calls they get wrong because they got one right. The people being influenced can’t fathom the fact that a influencer with a large following will cause a large pump and most times, the people being influenced won’t connect the two. It also comes down to a person’s ego more than anything else because it’s very difficult for most people to be honest with themselves and accept that maybe, just maybe they were duped. “I’m too smart to be duped” attitude is what makes them susceptible to being duped. It’s very refreshing to see some honesty coming from a finance channel. Thank you for making this video because it can help reasonable people, not all people because some of them are too far gone.
I am soooo happy and grateful that someone is talking about that. About 5 years ago, i also was watching a lot of those kind of videos, but with time i noticed that most of them are just liars. The worst of it is, that so many people feel so bad, because they make it seem to be so easy to get rich, but it is just not. Y'all stay strong and keep doing the hard work💪
Coming in like a real OG schooling the newbies. Well said and definitely right on point. I’m glad someone addressed this in an informative and educational perspective. We need more people like you on UA-cam who have actually lived a real life before becoming a content creator.
I think the most important thing you said was this: look to them for inspiration, not advice. I also loved how you took the time to really congratulate them on their successes, instead of tearing them down. This was informational, not sensationalized and disparaging, and I really appreciated that. Really cool video, from a really cool guy! :)
I'm seriously in LOVE w/you that you did this video - COMMON SENSE - thank GOD for sensibility and data-driven FACTS! Hoping this reaches so many more people!
Thank you so much for creating this video, I’m 18 years old and trying to be financially free. The way you broke down and explained everything in this video was an eye opener for me seeing that I do take advice from these young UA-camrs. Being young it’s really easy to be miss guided. So thanks again👏🏾
Hello Mr. Vicino, I'm a 15 year old who would watch these people for advice until I got an odd feeling. Thank you so much for this video as it sums up what I couldn't put into words. I was so confused before this video, so thank you again. :) Edit: As a little backstory I knew starting a business and becoming a millionaire was my dream for the past few years now. I grew up with a single mother and money was always something hard to come by. I think what made me blindly follow what Iman Gadzhi says would be because of our similar background. I do still find him inspiring, but this video really brought to light the bigger picture for me. Once again, thank you so much!
Thanks for sharing a part of your story, Emberlin. I think the future has great things in store for you. I think Iman gives a lot of great advice, so don't tune out everything he says. Just filter it through your own lens and apply some critical thinking. If you do, you'll discover the parts that'll serve you and ignore the parts that don't. Good luck on your journey. Psyched to have you here!
@@AnthonyVicino I appreciate everything you said so much! I'm definitely getting better at differentiating what information benefits me and what information doesn't now thanks to you! I've been subscribed for a couple months now and I can't wait to see how much farther you go, your story inspires me so much, and I'm sure it'll continue to inspire a lot more people! :)
An unspoken problem is that they’re telling young people that hustling is the best way to make it. But I think what’s required is to actually know who you are so you gift something authentic to the world. Otherwise you’re just competing against all the other hungry folks trying to *take* instead of giving. Most people who made it BIG never thought “I hope to be a millionaire,” they pursued self realization.
Most poor people think of hustling as like starting a lawn business or opening some shack. Going to best uni and best degree and best grades is the path. THen start at a great company. Learn for 15 years. Then start new company, have connections and knowledge. Most people I know that make millions did this path. I'm on path to being a millionaire at under 35 because I joined a successful startup-ish and got equity.
Most poor people think of hustling as like starting a lawn business or opening some shack or even worst pyramid schemes or "big deal closing" or dropshipping. Those will never work and cost you money for courses you pay the guy that never made money on it in the first place. Going to best uni and best degree and best grades is the path. Then start at a great company. Learn for 15 years. Then start new company, have connections and knowledge. Most people I know that make millions did this path. I'm on path to being a millionaire at under 35 because I joined a successful startup-ish and got equity.
Very informative and extremely helpful to pass through the bs. I’ve never seen someone break down exactly how it’s misleading in this way. The more complex and education it takes to understand the easier it is to mislead huge numbers of people. You have to become really savvy to see through some of these guys. It took awhile to realize how misleading these videos can be, or how a lot of UA-camrs are making money from their channel and leading you to believe they were already successful. I also appreciate how you included yourself as examples and explained the difference.
I'm really glad you noticed that I don't exclude myself from this critique. I want peopl to criically evaluate all information they're receiving (even when that comes from me!)
I only have $1000 in my bank account, and I’m 30. Looking at these lies on UA-cam truly makes me feel more depressed rather than motivated. Thank you for the video!
I think a message that can be taught to just about any young person is that you should always learn from the right people. Learn from people who've genuinely worked hard and for a long period of time to reach that goal, not from someone who doesn't know what they're talking about or had just gotten the bag and act like they know everything in the field.
thus, it boils down to judgment. Finding the 'right people' can be tricky at times especially when you're not experienced(meaning young) enough to truly gauge if that one person you're dealing with is the right person to learn to. It is sometimes hard to teach/learn good judgment as it requires good instinct as well as good grasp of fundamental knowledge in order to give/get some value out of it.
Your 1000% right. Being the son of an entrepreneur I can vouch for what your saying. Most people that don’t know any better they tell you about how a business is doing gross. Forgetting net profit. In my fathers business profit was usually 10-15 percent annual.
I think a lot of people would be surprised to learn just how "little" most companies actually net. It's only when you come from that world that you really understand the nuance! Thanks for sharing, Richard!
@@AnthonyVicino thanks for the video. Hopefully more youngsters see your video. Give them a dose of reality. A lot of youths feel really depressed when they here these guys say there doing 6 figures without subtracting overhead , taxes etc
@@richardramfire3971 hello, this may seem arbitrary, but based on the manner in which you input your thoughts made you seem really reverent, so I think we should network. But of course only if you’re comfortable with that.
Hi Anthony, thanks for sharing your video. I really appreciated it and learned a lot from it. The points about my dream house and the difference between speculation and investing really stuck with me. However, I wanted to clarify a few things for clarity. 1.) When I made the video, I was talking about the numbers I was making at that time. When I mentioned my 7-figure agency, the month before we had made around 58,000 in sales and mostly profit. So, when I said it would easily sell for over a million, I meant at that specific point in time. 2.) When I tell my fans that they are just like me, Im not lying. I started out as a normal kid and through a lot of hard work and a constant obsession to improve, I became who I am today. I am completely dedicated to becoming the best version of myself in every aspect of my life. While I appreciate your comparison to LeBron James, it's simply not true. This also relates to the success equation, as I was upset when you dismissed the importance of hard work and time. I have worked incredibly hard and it's not just been luck that has gotten me where I am. When I was 18, I lost almost all of the money I had made through a scam. Then, when I was 21, I was sued for 200,000 which was very stressful and set me back. And just last year, I temporarily lost 500,000 (which I will be getting back) long story lol. I'll turn 24 in 9 days and I have been working hard since I was 16, flipping go-karts and furniture while also working at a car wash. That means I've been working hard for almost 8 years, which is a lot of time. I 100% deserve everything I have achieved, there were many times when I wanted to give up, but I persisted. 3.) When you described me as a genius marketer who discovered gold and created an entire team to scale and extract money, etc., it wasn't accurate. I am not a genius, just slightly above average in intelligence (118 IQ). I just work very hard while most men play video games, complain, party, go to college ect. UA-cam was never meant to be a business for me until this year. It started as a way for me to help other kids and share information about drop shipping that I learned through my own experience. It was always meant to be a way to help people. Now that it has grown so much, it became a business. It was not some elaborate strategy to take advantage of a golden opportunity in the finance space. While I wish I could claim to be that savvy and intelligent, it's simply not true. i just wanted to help and it turned into something so big. At the time I filmed that video i really was making 10K+ per day in cash (excluding the house, which I appreciate you mentioning). However numbers can change over time and that does not mean i'm lying. A few months later, I had a run for a few weeks where I consistently made 40K profit per day from a business. Currently, that is no longer the case, but who knows what the future will hold ;) Its also worth mentioning that i don't have a corse to sell anyone... i have a FREE course that anyone can join in which we make money off some affiliate links but thats it. I don't have some grand plan to get people to think i'm someone i'm not just to sell them a course, i genuinely don't care of people like me or not, i just doing my own thing lol. Hope that clarity helps Overall, this was a good and entertaining video, and i appreciate you making it bro. I learned a few things that will help me sharpen the way i speak and i appreciate all of the nice things you had to say. Also, good stuff on pronouncing my last name correctly, that is RARE. - Sebastian Ghiorghiu
Yo, Seb! First, I pinned your comment so everybody can hear your perspective. (Let me know if you'd prefer I didn't for whatever reason). Second, hopefully it was clear in the video, but I actually do have mad respect for what you've built. Third, there's a section in my video that I sold you a bit short, and I apologize for that. In particular, the Time variable of your success. I mentioned it in a couple replies to other commenters, but the truth is you've been grinding for the better part of a decade and I believe that ANYBODY can achieve incredible success in life if they're willing to dedicate 10 years to the process. You did that and it was wrong of me to downplay that aspect. Fourth, for anybody reading this, I 100% believe your intentions are pure and that what you're putting out into the world is massively valuable. My goal in making this video is simply to help people develop critical thinking skills, so they don't just default to passively accepting whatever is being sold to them (and that includes information coming from me, as well!). I appreciate all you do for the community, Seb. Thanks for popping in and sharing your thoughts. Be well!
Came here from a recent Vox article about the pseudo-science of "passive income bro influencers" and this video exceeded my expectations. Some of this stuff needs criticized without mercy because it has already hurt people unjustly, but it's not a question fit for more click-bait bs. I appreciate the humane precision of the criticism and authentic disclosures regarding your similarities to the subjects of this video. That's a big deal because it speaks to the values of a leader, not a mere marketer or salesman. I'm new to the channel, so I could still find some reasons to ask questions down the road, but you have some goodwill and a sub from me for this excellent work.
I'm so happy that this not just a judging video, also have financial advices for young people, priceless informations and more.Thank you so much for this video.
As for the TOP money making skill imo 1: Sales - the ability to convert a non buyer to buyer and yes this includes hooking up lol 2: Marketing - the ability to FEED MORE people into your sales pipeline by effective eyeball attraction, aka traffic. 3: automation- the ability to optimize the difference between time spent working and time spent actually leveraging your operation for maximal impact.
I never leave a comment but this video is exceptional. In the sea of poor advice, manipulation, naivety, and misinformation, this video truly deserves respect and appreciation.
@@ROVA00 It's definitely a product of its time. As a story it has SOOOO much potential. But in the end, it didn't quite deliver for me either, Roberto.
Thank you for that, ive been following young millionaires to be one in my life, but you have helped me understand what information gets outputted. You’ve gained a sub!
Awesome video bro, as someone who’s getting into being a UA-camr in this very niche, I love how you told the truth of how sometimes these millionaires can be misleading. First time I’ve ever seen someone really expose things for how they are.
I’ll admit, I bought 3 courses from some UA-camrs and I felt like a total sucker after learning that I flushed money down the drain 😑 Oh well, lesson learned!
Ah, that's a bummer. Sorry they didn't bring you value, friend. There's a lot of crappy courses out there, but don't give up on them entirely. There are also a ton of great courses out there.
Instead of dividing by luck, I think a better formula would be to also multiply by luck. Otherwise, dividing by a high amount of luck would decrease the amount of success (all else being equal). The rest of the content was very good and thought provoking.
@@Gemwielders I wish I had done this on purpose. ;) Yeah, I think that's the correct formula. I'll have to do an updated Success Formula video in the future and fix my mistake.
Thanks for this video bro. Its so stressful sometimes watching someone saying there made millions of dollars at 23 while we all know how hard it is out there
I saw the title and thought „aight, gonna be some bs exposed video.“ But after I gave it a shot and heard what you have to say, I am impressed. There a not a lot people like you on UA-cam who put their opinion out, making clear it‘s their opinion or try to argument objectively why they think a certain way, just to show it (and not convince someone of their „superior“ way of thinking/seeing things). Really good Video, hope some others of yours are like that.
Thanks for pointing out what should be "'obvious" to anyone who takes a few minutes to contemplate what these guys are saying and doing. The only category I think you might have overlooked is that no one can become successful in any venture, no matter what it might be, unless they have "Connections" - whatever that might be for each person. No one succeeds without CONNECTIONS - THE "RIGHT" CONNECTIONS.
Here's a concept worth keeping in mind: "Your network is your net worth." In a very real way, if I was to go back to $0, I could rebuild to where I currently am in only a fraction of the time because I have 1) the skills and 2) the network. In the beginning, you probably lack both of those, which is why it's so hard to get meaningful traction.
This was posted awhile ago and this won't be seen but I'll throw my two cents. I'm not millionaire but its not really my goal (and frankly, I know a ton of uber wealthy people). 32 years old, $175k a year base, Director at a Fortune 500 at 28 and an executive at 30 at a smaller firm. If you are young and want a path forward watch this video. Stop watching all of the other young guys and only compare yourself to yourself. Also, the most important thing is to DO and then ANALYZE. Life is habit and iteration. Do, analyze, learn, repeat. This guys advice is a bit over the top but is probably the realest thing I have seen on UA-cam in A VERY long time. Definitely subscribing.
Who in their right mind would give a 28 year old that job at a Fortune 500? I'm 12 and I'm the CEO of a company where we push repossessed mobile homes into lakes. You might say I'm kind of a big deal.
After watching a few youtubes outing fake gurus or those gurus themselves I figured how they calculated their net worth or profit. I'm glad this video is out there I hope young people dont fall into these lies and that it's easy to become rich.
You can make everything if you want bro. its the truth and its facts look at andrew tate he was eating from people rests at kfc and now he is a multimilionere. But you have that poor mindset.
And no one said that its easy nothing is easy in this life better to work hard and struggle to become rich because money is freedom better to strugle for 10 years or 15 its better than to strugle your hole life.But you have that poor mindset change it bro!!
You don’t know how lucky we all are to have you inspiring us and helping us on our journey. I’ve realised that some of the most successful people have come from rock bottom. Thank you🎉.
Thank you! Most of the successful people I know personally came from very humble beginnings (or just straight up rock bottom). I find that incredibly motivating.
Brilliant video, I have been watching these two for their UA-cam/marketing strategy to be honest because they are killing it. When it comes to investing I seek out those who have positioned themselves as such and are students of the greats.
Crazy how much value is in this one video. The video itself is great enough on it's own, but even the description is loaded. I'll definitely be sticking around, keep it up man.
Ha, I really appreciate that, Mythiic. Glad you got so much from it. Our team's goal is to put out dope content dripping with value. Let us know if we ever start slipping.
In my opinion the mindset they teach is very good. I read some comments where people are speaking about how they felt bad and worthless. They have the wrong perspective. You should think about them as a judgement/motivation to be better than you are. On the other side you'll never find a straight path to success. You have to find it. They are just showing you the direction.
I agree. These guys are a great source of inspiration (and in a lot of cases, education). Comparing yourself to others is a great way to feel "less than". But if you look to others as a source of guidance ,to figure out what worked for them and why, then you're on the fast track to success.
Wow! This is a great video. I am working on a teaching certificate and I think I am going to incorporate this video into my lessons. You talk about something that would be interesting to teens, you would help bring home the message to think critically, and the same time you are very fair to the people you critique, and you show people why they should be skeptical about information online. Most important, you drive home the message that money isn't free- you explain the difference between investing and speculation better than I have seen anyone do it. I have never gone after money. I always worked to make a difference to people. Unfortunately I am older now and have nothing to show for it. I wish I had thought about this when I was younger.
My head is literally spinning for all the information from a lot of those millionaire UA-camrs but surprisingly I find yours practical.No BS. Thank you. I found your channel just recently.
@@AnthonyVicino actually the reason that I watch these videos is because I want direct guidance. No sugarcoating or flowery words. We want exact tips even if they're blunt, it's okay as long as the one giving the advice is walking his talk. Thank you so much. I'm starting to apply your tips. More power to you.
i don’t know why you don’t have more subscribers, you’re the only one that doesn’t go off bragging about all the brands you have and all the ways you make money. thanks
Thanks, Peter. I appreciate that, man. Honestly, I've been blown away by how quickly we've grown over the past 3 months. The fact that anybody at all is tuning in is a big win in my book.
Looking at the comments, it doesn't seem like everyone didn't watch the entire video. I appreciate how you elaborated on the fact that there are lots of parts about these guys' rise to success that you can indeed take away and apply to your life. Balance that with a cautionary approach to their methods and an understanding of what can be manipulated, and you're fine. Just because they're outliers doesn't mean their stories aren't ones we can all model or at least see their work ethics and reach for something like that. Good video, Anthony.
It's very important that we don't "marry" a creator's content, instead we can watch multiple creators and extract the best things from then, from that point with that knowledge creating our personal criteria and way of seeing life. Excellent video you got a new subscriber
Thanks - gained a sub. Im 31, so I don't fall for the young guys plugging courses or something they are trying to sell you leveraging the YT channel as the actual thing making them rich.
I get the feeling that these youtubers grinded their way to the top, and because they realise that they got competition, they don't want to create further competition for themselves, and so they're making you waste your time into watching their videos and enter the youtube rabbit hole to delay you and stress you out and make you anxious, and then scare you away into eventually giving up. Not give up cause you realize you have a different purpose, but give up feeling miserable and depressed, cause you feel inferior about them. It's a dangerous mental game they're playing collectively, and i won't fall for it.
That luck part is completely true, they talk about how they used skill and how we can use it to and then talk about a particular opportunity they had that we probably won't have till we die. 😫
Thanks, prodigy. I know the title and thumbnail are a bit inflammatory, but hopefully people watching the whole video realize my goal isn't to actually tear anybody down.
There's a saying, "be at the right place at the right time," plus a little luck and there you go, you made it! As I've figured, a lot of those guys made most of their money during the crypto bull run, cashed out and diversified into more traditional assets, so now they chill, nothing wrong with that. So yeah, they might give good motivational speeches and decent advice for the average person but don't take all their advices to heart and think you'll be crazy rich fast. After all, if it was that simple, we would have all becoming millionaires in less than a year. Great video!
@@zeddyofficial5966 Yeah, I don't care how old you are when you start... if you do a thing for 10 years, you're gonna get pretty damn good at the thing. Can't fault them for that!
Love this channel. You delve into whats actually happening and exposing how these gurus use dubious tactics. Have been working on dropshipping for awhile. These UA-cam gurus make it seem like it's super easy and that anyone can do it. It actually takes hard work and and overnight success is slim to none. Shopify has a stat that says 99% of online businesses on their platform fail. It's good to be motivated but don't fall for the trap of running a business is easy.
I appreciate that. Seriously, thanks for being here. I don't care what anybody says, there's no such thing as an "easy" way to make money. There are "simple" ways... but not easy.
Seriously, especially dropshipping. Don't even get me started on affiliate marketing either, I mean it feels like there's potential, but it's just so hard to actually find info. It's like all of a sudden everyone's an expert and makes millions
This video was needed for me. I turn 24 tomorrow, working a job that doesn’t fulfill me what-so-ever. I find it hard to not get down on myself & anxious about where I’m at in life. Trying to build some things that surround my passion. Just going to keep showing up & putting in the work.
I feel you, I just turned 23 and was in a similar boat to you in some sense. If there's anything you can take from these guys is stay sober, don't turn to instant pleasure when you feel down, develop a routine, eat better, exercise, and spend at least a bit of time EVERY day working on something you think could make you your own boss at some point. There's honestly so many things you could do, video editing, filming, online freelance, just find what you think you would like and be good at and keep trying. Dont give up man
@@AnthonyVicinothanks because i already start many things when i was younger real estate etc... and i am 27 years old :/ and i see them and i wish i already done this too but it is not rush!!
I've listened to a lot of wealth creation UA-cam video's, and I must say this is most probably the best in, information, direction, how to, and common sense in wealth creation I've ever watched. Keep it up - you are clearly solid in what you know and share. Thanks
That’s true. I’ve been consuming UA-cam content for productivity, financial advice and growth and inspiration. And the young millionaires on UA-cam don’t give clear factual info or that’s even practical for anyone. Love your content
If you live in the US you can probably become rich. What you can't become is young and rich. Young and rich takes a tremendous amount of luck. I remember watching a Graham Stephen video and just complaining in the comments section because he was pushing real estate to get rich. He was talking about what he did in like 2010 buying on high leverage and just getting a bunch of properties. I was like bro, me and a bunch of friends did that in the early 2000s and you know what happened? Everyone I know got wiped out in 2008 due to said leverage. If you bought real estate after '08 you made bank. That was pure luck that you were at the right age at the right time to catch a boom, but don't tell others that they'll get rich doing that because they won't. Cheap houses were over and it became far more risky to be in real estate.
@@BeautifulEarthJa Didn't see this comment a couple of months ago, but in my experience there's huge demand for competent workers. I don't care where you work. You can be at McDonalds. If you do a great job you will move up and by the time you're in your 30s you'll be making bank. If you take that money and invest it instead of being victim to lifestyle creep you'll be rich by your 60s.
so much young men are being led astray by gurus who are outliers, i feel like its not bad to aspire to be an outlier, but we gotta discern between good and bad info
Great video. This is something that's been on my mind for a while. I've even commented this on their videos from time to time but it's always ignored (and fanboys just end up calling me a hater).
Realized there are so many things in life you can do and live an incredible life, leave your community and people around you better, without a ton of money. Just enough so you don't have to worry about it and do the things you genuinely love
Wow, really well done presentation. I was a HS science teacher and I taught people how to teach. i loved how you clearly invested so much time in an outline that you beefed with succinct clarity and appropriate disclaimers but with set neat parameters. And did all this following so many other gems of a good educator. BTW, Stoicism is really coming online these days. Thank you.
I really appreciate that feedback, Mary. Been working really hard on becoming the best teacher/presenter/storyteller I possibly can be. Glad to see people enjoying the work!
I always say "Profit" when I say my totals in posts and video titles. Everyone (especially drop shipping world) loves to use revenue. But what is the point when they claim $4 million in revenue but spent 4.2 million on ads? That is a loss. Yes, there are some people claiming they make millions and actually are losing money. I think it should be a rule to always post your profit numbers as well as your revenue. Be honest and transparent that is how you make sales on your courses about how to make money. They give us "real" creators a bad rap.
Great comparison about the differences between investment and speculation. You remember me what I read couple weeks ago in the R.K book. Excellent reminder. To be honest, is a very common mistake to confuse them.
Excellent video, Anthony! Please make more videos like this. These dishonest grifters need to be held accountable. A couple of other points that you could perhaps address in a future video: 1. Many of these kids actually had rich parents/grandparents that gave them the seed money to start their business. They will often lie and say they started from scratch, when in reality, their parents gifted/loaned them $50K-$100K+ to start their business, invest, trade, etc. Starting with that much capital can make the difference between success and failure. 2. Most of these kids actually make their money via selling online courses and coaching programs, not from being successful traders, investors, etc. If they're as successful in their craft as they claim to be, they should be able to furnish audited profit/loss statements, balance sheets, and/or financial statements. Most of the time they can't or won't do that. 3. Some of the bigger influencers are paid huge sums to sponsor certain companies. Graham Stephan was paid $50K per month to promote FTX. When it collapsed, his fans lost millions. 4. Some 20-year-old kid, with minimal business and/or investing experience, should not be giving investing/trading advice, especially if they're not properly licensed.
@Skuld's Records On the audited statements, I would love to see audited statements for these guys businesses. I am not skeptical, but as someone with an accounting background, I'd like to see how much real, recognized revenue they make in a year, and whether they are using appropriate vs. aggressive accounting practices. Also, how on earth would someone have a decade of experience at 20? Are you saying they started working at 10?
@Skuld's Records these are not excuses, they are facts. If they are so rich, why the heck are they selling courses? It's because that's how they make 90% of their money. When will you wake up young kids? There's a saying, if you know, you do, if you don't, you teach.
@@bxsed they sell courses to make even more money, its a simple formula : 1) get good at something 2) teach others and make even more money from it. Selling courses doesn't mean you aren't successful already. Don't lump all course-sellers together. There are some bad apples out there, but also many many genuinely good courses from people who really know what they're doing.
Hey man i appreciate this. I'm glad there are people with actual experience that are willing to help others and keep things real and transparent. A lot of these youtubers are smart and helpful, but when they give tips they use the mindset of a millionaire and not an average joe trying to get richer, which 99% of the viewers are. When you're teaching others i fully believe you should think of their situation and their thought process first so things are more helpful and make more sense to them.
I appreciate that! I think you're spot on. You have to speak to your audience where they are, not where they hope to be. That's what I aim for, at least. Hopefully I succeed more often than not.
Then you should follow that old guy with the ball head he gives average Joe money advice like saving and being frugal etc and paying off all your bills before you start investing.
Hey friends, appreciate you watching. I hope you got some value from this one.
If you want to keep up with my weekly musings on productivity, business, really just how I try to make progress - I have a newsletter you might want to subscribe to.
Also, by joining here you can get the free download of my 3 Step Millionaire Productivity System (just wait for the pop-up!)
www.anthonyvicino.com/
Shouldn't the success formula be Skill x hard work x duration x luck (not divided by luck.) If you're luck is less than average it would be .9 or less and if it's above average then 1.1 or higher. Also, successful young you-tubers are good role models; they didn't get to the top by genetics (though a few have that 'Human Golden Retriever' factor, many aren't even decent looking; like MrBeast's gang and Logan Paul's crew.) If you want a top athlete with poor genetics, Jose Canseco overcame scoliosis and juvenile arthritis to become the greatest athlete in the world in 1988 and still a top athlete over a decade later and still occasionally playing independent leagues 17 years after being blacklisted by baseball 13 years before other top steroid players like A-Rod (who nobody even likes, look at the comment on 'The Other Guys.')
@@Billionaireben Yeah, this is why I don't do math in public. We should probably call the denominator "Unluck". There, now it all works...right? :)
Great video, thanks for sharing it!
How old are you? N do you have a college degree? If yes , in what major?
@@goat7844 38. Degrees in Psychology, English, and Religion.
“This course is only $597, it’s normally valued at $5,000!!!” Uhh yeah, who says its normally valued at that? You do? Oh ok, cool.
It's whatever I say it is, goddamnit!!! ;)
$5,000😂 oh you haven't heard of the ones that usually go for north of $50,000 but just for you it's $199.99, the best part is you're guaranteed to be a millionaire within 90 days. Step your game up mate
@@11bornrich Sign me up for that course. Sounds like a no-brainer. :)
Bruh 800% value… so ud be loosing money if u dont buy it actually
Read Russell Brunson Dotcom Secret great book exactly about what you're talking about they mostly took from he writings in the book (:
You give me the same vibe my high school statistics teacher gave me. Essentially “doubt all the numbers”. The quote at the beginning “the numbers don’t lie, but I can make them say anything” sums it up perfectly.
Aw man, you must've had a really cool stastics teacher (j/k. I'm just saying that to make myself feel better about being compared to a high school teacher). ;)
Seriously though, that's good advice he/she gave, for sure!
So did you too sniff the cv death numbers etc were way off!? I had an amazing teacher too - in Europe.
thats the thing with statisitics i realized over time, its full and full of misinformation and factors you dont think about, so take it with a grain of salt
I found the book How To Lie With Statistics when I was ~13.
Also, in college I toOK the course on how to read a study and the classes takeaway was about how much BS there is in science. Just look at the Health, Fitness and Wellness arena. Other arenas arenas just arenas results bad, even though they are as research taken for gospel.
@@AnthonyVicino 🤣🤣
I am not gonna lie, these youtubers really made me feel like a failure who is just doing his job and paying bills. In last few months I started hating my job, until now I realized that I dont really hate my job as much as these people make me do. Thanks for opening my eyes!!
Psyched to have you here, Nikhil. Keep your chin up.
I think I'm th antichrist @@AnthonyVicino
I can relate to this!
It's frustrating to watch all these UA-camrs making $$$$$, when you're grinding in a high skilled job making $$. It can be super disheartening.
But playing the long game might pay off more. Investing wisely, building your skillset, and eventually creating your own business in your industry is a solid strategy as well.
The main problem is the financial system. The rich are just siphoning off money from the middle class and governments. I don't dislike rich people and wish everyone the best and they probably don't realize how hard it is for the average person these days.
Between taxation and inflation the working class slowly got poorer, the gold standard at least kept checks and balances in place.
Not only that, but a lot of them either came from money, or they’re in debt.
I like how you broke this down and didn’t tear them down as people in the process. Very educational!
Thanks, brother. Tried really hard not to tear anybody down in this one.
Should tear them all down as people.
Is all about the clicks yeah.
On a very matured matter explained and not bashing anyone.
Great video.
Very good video. I dislike these "How I made my 1st mill by 19 UA-camrs". Zero reason because theyre success and young. But because they market themselves as getting it from their hardwork and intelligence but intentionally leave out details about their family history. They came from money. None of them grew up poor or middle class. Yes they are still motivated, ambitious, and intelligent. But they hadfinancial backing, family education, and affluent connections.
yep, couldn't have said it better
i used to watch these guys all the time but i realized that i don’t even want to be rich. i just want to be comfortable and do better than my parents were able to do
That can be a good goal, too. It's all about defining what success looks like for YOU. You don't have to play by anybody else's rules. You do you.
This is me too. I don't want to be rich, I want to be comfortable. I'm currently building a 1 bedroom mid century home on a huge lot, with alot a garden space and a great workshop. I don't need a mansion. I don't been a fancy car because public transport has been reliable and great. I have more time to focus on myself, travels and hobbies because I'm not spending all my time working towards becoming a millionaire. It's a very fulfilling and stressfree way to live.
@Basedlander then i’ll be poor, i don’t care
I don’t wanna be rich I wanna be happy
I don’t wanna be rich I wanna be happy
I love how you said, in a comment, "it's all about how success looks to YOU". That is my biggest take away from this because, seeing all of these hustle mindset videos being imposed consistently can make us anxious, drained, and go down a route of chasing dreams instead of appreciating the moment that we are in now. There is so much to be grateful for. To everyone seeking success, just do your absolute best but don't forget to take care of your mental health; your mind, body, and spirit needs you too.
It's crazy that people don't realize THEY get to define success fo rthemselves. Once you realize that, you can rig the game to guarantee success because YOU make the rules.
These ‘gurus’ aren’t successful business people, just social media influencers who sell online courses where they make 99% of their money. Tate & Gadzhi are classic examples
Interesting
Actually I am in Andrew tate the real world and it is not a scam
@@REAL_MEN590Have you become a millionaire or made 6 figures with tate?
@@REAL_MEN590
BAHAHAHAH your comment aged like milk
@@REAL_MEN590 really, how much money did you make a month paying to be there?
Man you really keep it 100%. I've seen a lot of videos that make me scratch my head because they are throwing big terms and numbers around without anything to back it up. Screenshots of 1 day's revenue and multiply by 30 to form a monthly projection when you know damn well they picked the best day to show you. Only showing positive returns on their portfolio etc... They are truly showing the bestest of the best highlight reels and so many people are fooled by the facade. Man we need more people like you for reals, thank you Anthony.
I appreciate it, Jerry. THank you, brother.
This video is massively important, especially for the youth(like me). It's really easy to feel that you're not doing enough especially when you see people younger than you doing insane numbers left and right. Statistically speaking a millionaire in their early twenties is like a unicorn, but they seem to be everywhere all over social media. The reality is that everything isn't always as it seems, and at the end of the day, with some good video production skills anyone can be anything they say they are if they can sell it good enough.
Psyched you enjoyed it and found the video valuable!
Yes they seem to be everywhere, yet we know for a fact that it’s extraordinarily rare. Now stay with me here…do you think some of them might be completely lying?
It’s okay to do not be rich, most important is to be healthy and happy. No money in the world can make a miracle for advanced cancers.
Or it's daddy's money and they need to branch out by trying to sell shit to impressionable yutes to keep the lifestyle going. You hear some of this guys talking and you see the red flags from a mile away, that guy immitating the Enron scam has some videos where he clearly shows he was born with his ass turned up to the moon. Like one friend millionaire I have says: the best advice I have is to have a rich af dad.
100 percent
The harder and smarter you work, you luckier you become.
Truth. Just wrote an article on this for the Hyperfocused Entrepreneur Newsletter:
anthonyvicino.com/luck
Yeah, 1:2000000 instead of 1:20000000.
@@sebastienb.5985 yeah and you keep working hard until it's 1to10 simple
Yes but hard work alone doesn’t make you rich.
In many cases it’s not even mandatory, since most of millionaires and billionaires today have only inherited their wealth (and their family’s address book).
You probly 11
As a 21 year old girl who has been living alone for over a year and pays bills, and works a full time job just to make ends meet this is honestly really helpful, I know I’m smart enough to do what they do but the pressure of mistakes really makes me go into this whole cycle of being terrified of the future, knowing other people are making mistakes so openly makes me feel a lot better, I wish more entrepreneurs would express how they felt when they were my age and what anxiety’s they still have and how they over come that
I'm glad you're finding these videos helpful. Just know that you're not alone and that all of us, regardless of where we are on the journey, have struggles.
Also, don't lose sight of the fact that you're still SO young and you have a ton of time ahead of you. Be patient.
All business has risk. Prepare to fail many times. Learn from your mistakes though. If that makes you uncomfortable, then you may have an employee mentality. You have to be able to step out of your comfort zone and keep taking progressively larger risks.
get a man 😴
@@rise7056 🤡
@@rise7056from the man store?
I’ve come to notice that as long as the influencer gets a call right just one time then some people will forever look at the influencer as “legit”. It doesn’t even matter how many calls they get wrong because they got one right. The people being influenced can’t fathom the fact that a influencer with a large following will cause a large pump and most times, the people being influenced won’t connect the two. It also comes down to a person’s ego more than anything else because it’s very difficult for most people to be honest with themselves and accept that maybe, just maybe they were duped. “I’m too smart to be duped” attitude is what makes them susceptible to being duped. It’s very refreshing to see some honesty coming from a finance channel. Thank you for making this video because it can help reasonable people, not all people because some of them are too far gone.
I appreciate it, Eric. Thanks for checking out the video, brother.
Really great breakdowns
Thank you!
Just checked out your channel. Looks dope! Keep it up, brother.
Spifey???
lmao didn't expect to see you here
Wait SpifeyDicey why are you here? haha
I am soooo happy and grateful that someone is talking about that. About 5 years ago, i also was watching a lot of those kind of videos, but with time i noticed that most of them are just liars. The worst of it is, that so many people feel so bad, because they make it seem to be so easy to get rich, but it is just not. Y'all stay strong and keep doing the hard work💪
Glad you found the video valuable!
honestly just the way they present themselves, i knew it was bs, i always skip those weird ads anyways
@@AnthonyVicinogreat video. I just found you
Coming in like a real OG schooling the newbies. Well said and definitely right on point. I’m glad someone addressed this in an informative and educational perspective. We need more people like you on UA-cam who have actually lived a real life before becoming a content creator.
I appreciate that, Paul. Thank you so much for the love, brother.
@@AnthonyVicino of course. Keep up the good work.
I agree with you👍
I think the most important thing you said was this: look to them for inspiration, not advice. I also loved how you took the time to really congratulate them on their successes, instead of tearing them down. This was informational, not sensationalized and disparaging, and I really appreciated that. Really cool video, from a really cool guy! :)
That's the game right there! Inspiration, not advice (even when you're listening to me!).
I'm seriously in LOVE w/you that you did this video - COMMON SENSE - thank GOD for sensibility and data-driven FACTS! Hoping this reaches so many more people!
Thank you, thank you, thank you, Kim!
Thank you so much for creating this video, I’m 18 years old and trying to be financially free. The way you broke down and explained everything in this video was an eye opener for me seeing that I do take advice from these young UA-camrs. Being young it’s really easy to be miss guided. So thanks again👏🏾
Glad it was helpful!
Hello Mr. Vicino, I'm a 15 year old who would watch these people for advice until I got an odd feeling. Thank you so much for this video as it sums up what I couldn't put into words. I was so confused before this video, so thank you again. :)
Edit: As a little backstory I knew starting a business and becoming a millionaire was my dream for the past few years now. I grew up with a single mother and money was always something hard to come by. I think what made me blindly follow what Iman Gadzhi says would be because of our similar background. I do still find him inspiring, but this video really brought to light the bigger picture for me. Once again, thank you so much!
Thanks for sharing a part of your story, Emberlin. I think the future has great things in store for you.
I think Iman gives a lot of great advice, so don't tune out everything he says. Just filter it through your own lens and apply some critical thinking. If you do, you'll discover the parts that'll serve you and ignore the parts that don't.
Good luck on your journey. Psyched to have you here!
@@AnthonyVicino I appreciate everything you said so much! I'm definitely getting better at differentiating what information benefits me and what information doesn't now thanks to you!
I've been subscribed for a couple months now and I can't wait to see how much farther you go, your story inspires me so much, and I'm sure it'll continue to inspire a lot more people! :)
I hope you do well in your life, it's hard growing up with financial constraints and it's something I've been through so I understand you.
Word of advice don't be gullible
An unspoken problem is that they’re telling young people that hustling is the best way to make it. But I think what’s required is to actually know who you are so you gift something authentic to the world. Otherwise you’re just competing against all the other hungry folks trying to *take* instead of giving. Most people who made it BIG never thought “I hope to be a millionaire,” they pursued self realization.
Very interesting perspective. Thanks for sharing!
Most poor people think of hustling as like starting a lawn business or opening some shack. Going to best uni and best degree and best grades is the path. THen start at a great company. Learn for 15 years. Then start new company, have connections and knowledge. Most people I know that make millions did this path. I'm on path to being a millionaire at under 35 because I joined a successful startup-ish and got equity.
Most poor people think of hustling as like starting a lawn business or opening some shack or even worst pyramid schemes or "big deal closing" or dropshipping. Those will never work and cost you money for courses you pay the guy that never made money on it in the first place. Going to best uni and best degree and best grades is the path. Then start at a great company. Learn for 15 years. Then start new company, have connections and knowledge. Most people I know that make millions did this path. I'm on path to being a millionaire at under 35 because I joined a successful startup-ish and got equity.
This is some of the best financial content I’ve seen so far. Too much shilling on this platform, so this video is a breath of fresh air.
I appreciate it!
Very informative and extremely helpful to pass through the bs. I’ve never seen someone break down exactly how it’s misleading in this way. The more complex and education it takes to understand the easier it is to mislead huge numbers of people. You have to become really savvy to see through some of these guys. It took awhile to realize how misleading these videos can be, or how a lot of UA-camrs are making money from their channel and leading you to believe they were already successful. I also appreciate how you included yourself as examples and explained the difference.
I'm really glad you noticed that I don't exclude myself from this critique. I want peopl to criically evaluate all information they're receiving (even when that comes from me!)
I only have $1000 in my bank account, and I’m 30. Looking at these lies on UA-cam truly makes me feel more depressed rather than motivated. Thank you for the video!
You're definitely gonna want to check out the next video we've got coming. My starting point at 30 wasn't terribly different than yours.
@@AnthonyVicino Much appreciated!
I think a message that can be taught to just about any young person is that you should always learn from the right people. Learn from people who've genuinely worked hard and for a long period of time to reach that goal, not from someone who doesn't know what they're talking about or had just gotten the bag and act like they know everything in the field.
100%. Great message.
thus, it boils down to judgment. Finding the 'right people' can be tricky at times especially when you're not experienced(meaning young) enough to truly gauge if that one person you're dealing with is the right person to learn to. It is sometimes hard to teach/learn good judgment as it requires good instinct as well as good grasp of fundamental knowledge in order to give/get some value out of it.
Your 1000% right. Being the son of an entrepreneur I can vouch for what your saying. Most people that don’t know any better they tell you about how a business is doing gross. Forgetting net profit. In my fathers business profit was usually 10-15 percent annual.
I think a lot of people would be surprised to learn just how "little" most companies actually net.
It's only when you come from that world that you really understand the nuance!
Thanks for sharing, Richard!
@@AnthonyVicino thanks for the video. Hopefully more youngsters see your video. Give them a dose of reality. A lot of youths feel really depressed when they here these guys say there doing 6 figures without subtracting overhead , taxes etc
@@richardramfire3971 hello, this may seem arbitrary, but based on the manner in which you input your thoughts made you seem really reverent, so I think we should network. But of course only if you’re comfortable with that.
Hi Anthony, thanks for sharing your video. I really appreciated it and learned a lot from it. The points about my dream house and the difference between speculation and investing really stuck with me.
However, I wanted to clarify a few things for clarity.
1.) When I made the video, I was talking about the numbers I was making at that time. When I mentioned my 7-figure agency, the month before we had made around 58,000 in sales and mostly profit. So, when I said it would easily sell for over a million, I meant at that specific point in time.
2.) When I tell my fans that they are just like me, Im not lying. I started out as a normal kid and through a lot of hard work and a constant obsession to improve, I became who I am today. I am completely dedicated to becoming the best version of myself in every aspect of my life.
While I appreciate your comparison to LeBron James, it's simply not true. This also relates to the success equation, as I was upset when you dismissed the importance of hard work and time.
I have worked incredibly hard and it's not just been luck that has gotten me where I am. When I was 18, I lost almost all of the money I had made through a scam. Then, when I was 21, I was sued for 200,000 which was very stressful and set me back. And just last year, I temporarily lost 500,000 (which I will be getting back) long story lol. I'll turn 24 in 9 days and I have been working hard since I was 16, flipping go-karts and furniture while also working at a car wash.
That means I've been working hard for almost 8 years, which is a lot of time. I 100% deserve everything I have achieved, there were many times when I wanted to give up, but I persisted.
3.) When you described me as a genius marketer who discovered gold and created an entire team to scale and extract money, etc., it wasn't accurate. I am not a genius, just slightly above average in intelligence (118 IQ). I just work very hard while most men play video games, complain, party, go to college ect.
UA-cam was never meant to be a business for me until this year. It started as a way for me to help other kids and share information about drop shipping that I learned through my own experience.
It was always meant to be a way to help people.
Now that it has grown so much, it became a business. It was not some elaborate strategy to take advantage of a golden opportunity in the finance space. While I wish I could claim to be that savvy and intelligent, it's simply not true. i just wanted to help and it turned into something so big.
At the time I filmed that video i really was making 10K+ per day in cash (excluding the house, which I appreciate you mentioning). However numbers can change over time and that does not mean i'm lying. A few months later, I had a run for a few weeks where I consistently made 40K profit per day from a business. Currently, that is no longer the case, but who knows what the future will hold ;)
Its also worth mentioning that i don't have a corse to sell anyone... i have a FREE course that anyone can join in which we make money off some affiliate links but thats it.
I don't have some grand plan to get people to think i'm someone i'm not just to sell them a course, i genuinely don't care of people like me or not, i just doing my own thing lol.
Hope that clarity helps
Overall, this was a good and entertaining video, and i appreciate you making it bro. I learned a few things that will help me sharpen the way i speak and i appreciate all of the nice things you had to say. Also, good stuff on pronouncing my last name correctly, that is RARE.
- Sebastian Ghiorghiu
hey seb i respect your work bro, tryna be like u one day fr remember me
Yo, Seb!
First, I pinned your comment so everybody can hear your perspective. (Let me know if you'd prefer I didn't for whatever reason).
Second, hopefully it was clear in the video, but I actually do have mad respect for what you've built.
Third, there's a section in my video that I sold you a bit short, and I apologize for that. In particular, the Time variable of your success. I mentioned it in a couple replies to other commenters, but the truth is you've been grinding for the better part of a decade and I believe that ANYBODY can achieve incredible success in life if they're willing to dedicate 10 years to the process. You did that and it was wrong of me to downplay that aspect.
Fourth, for anybody reading this, I 100% believe your intentions are pure and that what you're putting out into the world is massively valuable.
My goal in making this video is simply to help people develop critical thinking skills, so they don't just default to passively accepting whatever is being sold to them (and that includes information coming from me, as well!).
I appreciate all you do for the community, Seb. Thanks for popping in and sharing your thoughts. Be well!
@@AnthonyVicino thank you, not enough people teach critical thinking
@@TateTheTalisman Thanks, brother. Appreciate it.
@@AnthonyVicinoIt would be interesting to see a collaboration video with Sebastian!
Came here from a recent Vox article about the pseudo-science of "passive income bro influencers" and this video exceeded my expectations.
Some of this stuff needs criticized without mercy because it has already hurt people unjustly, but it's not a question fit for more click-bait bs. I appreciate the humane precision of the criticism and authentic disclosures regarding your similarities to the subjects of this video. That's a big deal because it speaks to the values of a leader, not a mere marketer or salesman. I'm new to the channel, so I could still find some reasons to ask questions down the road, but you have some goodwill and a sub from me for this excellent work.
I really appreciate the kind words, Warren. Psyched the video exceeded your expectations. That's really awesome to hear!
You got a new subscriber! Everything you said here is so eye-opening and refreshing, as I haven't heard these points really from anyone else!
Awesome! Psyched to have you here.
Tiktok messed up my attention yet I watched this entirely with laser focus. I like the way u make ur videos, ur tone and pace match really well
Dude, that's really cool to hear. Makes me jazzed to make more videos when I get feedback like that. Thank you!
I'm so happy that this not just a judging video, also have financial advices for young people, priceless informations and more.Thank you so much for this video.
Really psyched to hear you enjoyed the angle we took with this one!
As for the TOP money making skill imo
1: Sales - the ability to convert a non buyer to buyer and yes this includes hooking up lol
2: Marketing - the ability to FEED MORE people into your sales pipeline by effective eyeball attraction, aka traffic.
3: automation- the ability to optimize the difference between time spent working and time spent actually leveraging your operation for maximal impact.
Sales and Marketing have been two of my super money making skills. HIghly approve.
What hooking up means ?
Your methods are rather questionable to say the least hooking up eyeball attraction aren't you just being exploitat
ive
We need more people like you, Anthony 💪
Great video! Couldn't agree more.
Thanks, brother. Glad you enjoyed the video!
I never leave a comment but this video is exceptional. In the sea of poor advice, manipulation, naivety, and misinformation, this video truly deserves respect and appreciation.
Thank you!
Love the username, p.s.
I just finished the book Hyperion. It was pretty disappointing
I just finished the book Hyperion. It was pretty disappointing
@@ROVA00 It's definitely a product of its time. As a story it has SOOOO much potential. But in the end, it didn't quite deliver for me either, Roberto.
Thank you for that, ive been following young millionaires to be one in my life, but you have helped me understand what information gets outputted. You’ve gained a sub!
Wonderful! Psyched to have you here, skelemar!
Awesome video bro, as someone who’s getting into being a UA-camr in this very niche, I love how you told the truth of how sometimes these millionaires can be misleading. First time I’ve ever seen someone really expose things for how they are.
Thanks, dude. Glad you found it helpful!
I’ll admit, I bought 3 courses from some UA-camrs and I felt like a total sucker after learning that I flushed money down the drain 😑 Oh well, lesson learned!
Ah, that's a bummer. Sorry they didn't bring you value, friend.
There's a lot of crappy courses out there, but don't give up on them entirely. There are also a ton of great courses out there.
Who were the youtubers?
Im curious, what was the content of the courses ? Was it all crap ?
Sorry man
Probably Iman Gazhi 😂
Instead of dividing by luck, I think a better formula would be to also multiply by luck. Otherwise, dividing by a high amount of luck would decrease the amount of success (all else being equal).
The rest of the content was very good and thought provoking.
You're right. This is why I shouldn't do math in public. ;)
I was also confused by that. But I figured you wanted to demonstrate that luck is a major factor. Maybe make it: (skill + hard work + duration) x luck
@@Gemwielders I wish I had done this on purpose. ;)
Yeah, I think that's the correct formula. I'll have to do an updated Success Formula video in the future and fix my mistake.
Im so glad these conversations are finally being had
Thanks, Aimee! Glad you enjoyed it.
Thanks for this video bro. Its so stressful sometimes watching someone saying there made millions of dollars at 23 while we all know how hard it is out there
I get it. Thanks for being here!
I saw the title and thought „aight, gonna be some bs exposed video.“ But after I gave it a shot and heard what you have to say, I am impressed. There a not a lot people like you on UA-cam who put their opinion out, making clear it‘s their opinion or try to argument objectively why they think a certain way, just to show it (and not convince someone of their „superior“ way of thinking/seeing things). Really good Video, hope some others of yours are like that.
Tried to get people in with clickbait, but then tried really hard to deliver something of value. Hopefully we succeeded.
Really Good Video. Learnt Alot
@@AnthonyVicino You definitely delivered in the video and the clickbait worked as well. haha
@@florianneumann1024 Awesome!
Thanks for pointing out what should be "'obvious" to anyone who takes a few minutes to contemplate what these guys are saying and doing. The only category I think you might have overlooked is that no one can become successful in any venture, no matter what it might be, unless they have "Connections" - whatever that might be for each person. No one succeeds without CONNECTIONS - THE "RIGHT" CONNECTIONS.
Here's a concept worth keeping in mind:
"Your network is your net worth."
In a very real way, if I was to go back to $0, I could rebuild to where I currently am in only a fraction of the time because I have 1) the skills and 2) the network.
In the beginning, you probably lack both of those, which is why it's so hard to get meaningful traction.
Make the connections then?
If you believe you can't succeed unless someone drags you up with their own success, then you are destined for failure.
@@bradleyharnan1719 how
@@AnthonyVicino what skills do I need?
This was posted awhile ago and this won't be seen but I'll throw my two cents. I'm not millionaire but its not really my goal (and frankly, I know a ton of uber wealthy people).
32 years old, $175k a year base, Director at a Fortune 500 at 28 and an executive at 30 at a smaller firm. If you are young and want a path forward watch this video. Stop watching all of the other young guys and only compare yourself to yourself. Also, the most important thing is to DO and then ANALYZE. Life is habit and iteration. Do, analyze, learn, repeat. This guys advice is a bit over the top but is probably the realest thing I have seen on UA-cam in A VERY long time. Definitely subscribing.
Much love, Adam. I appreciate it (and completely agree the key to success is Action, Reflection, Re-Action. Keep smashing it, brother.
What did you start out as?
Who in their right mind would give a 28 year old that job at a Fortune 500? I'm 12 and I'm the CEO of a company where we push repossessed mobile homes into lakes. You might say I'm kind of a big deal.
I appreciate the honesty and clarity
Thanks, Joel!
Easiest subscribe of my life. I love finding gem youtubers like this one. These are some REALLY high value breakdowns. Thank you mate.
So grateful to have yo here! Thank you.
Finally, I found real content on UA-cam on my 22nd birthday. Thank you so much, man!🙏❤💯
Happy birthday! Psyched to have you here.
@@AnthonyVicino ☺❤
Because of this video, I now realize I was just speculating this whole time and not actually investing. Thank u so much!
Awesome. Really glad you were able to take something useful away from the video!
This IS your BEST video to date. Extremely valid and real. If all your content is this real or better. You do add value vs. parasite, like many do.
Really appreciate the love, Phoenix. Glad this one in particular resonated with ya!
Watching these videos at the age of 16 , do make sence in my life to create a path towards success.
You got this. Wish I had started when I was your age. Gonna be way ahead of the curve.
After watching a few youtubes outing fake gurus or those gurus themselves I figured how they calculated their net worth or profit. I'm glad this video is out there I hope young people dont fall into these lies and that it's easy to become rich.
Glad you found it helpful!
they never said it was easy they said it was simple, we have all the information we just need to take action. But no one has the discipline to do it.
@@itzstage6276 True. Never confuse easy with simple.
You can make everything if you want bro. its the truth and its facts look at andrew tate he was eating from people rests at kfc and now he is a multimilionere. But you have that poor mindset.
And no one said that its easy nothing is easy in this life better to work hard and struggle to become rich because money is freedom better to strugle for 10 years or 15 its better than to strugle your hole life.But you have that poor mindset change it bro!!
Oh my god. I have been having these thoughts recently but I simply could not put them into words. This video was a godsend, thank you so much
You're so welcome!
You don’t know how lucky we all are to have you inspiring us and helping us on our journey. I’ve realised that some of the most successful people have come from rock bottom. Thank you🎉.
Thank you! Most of the successful people I know personally came from very humble beginnings (or just straight up rock bottom). I find that incredibly motivating.
At first I thought this was clickbait. But Anthony clarified and made excellent points.
I'm not afraid to use clickbait titles, but hopefully the content over delivers value! Thanks for checking it out, brother!
Brilliant video, I have been watching these two for their UA-cam/marketing strategy to be honest because they are killing it. When it comes to investing I seek out those who have positioned themselves as such and are students of the greats.
That's awesome. I think those two are great people to take UA-cam and marketing advice from. They have certainly mastered that game!
Who are those students of the greats whom you seek out?
You are my new hero 🥳 Thank you for the realest breakdown on the most overhyped BS on social media.
I appreciate it, brother.
Crazy how much value is in this one video. The video itself is great enough on it's own, but even the description is loaded. I'll definitely be sticking around, keep it up man.
Ha, I really appreciate that, Mythiic. Glad you got so much from it. Our team's goal is to put out dope content dripping with value. Let us know if we ever start slipping.
In my opinion the mindset they teach is very good. I read some comments where people are speaking about how they felt bad and worthless. They have the wrong perspective. You should think about them as a judgement/motivation to be better than you are. On the other side you'll never find a straight path to success. You have to find it. They are just showing you the direction.
I agree.
These guys are a great source of inspiration (and in a lot of cases, education).
Comparing yourself to others is a great way to feel "less than".
But if you look to others as a source of guidance ,to figure out what worked for them and why, then you're on the fast track to success.
Wow! This is a great video. I am working on a teaching certificate and I think I am going to incorporate this video into my lessons. You talk about something that would be interesting to teens, you would help bring home the message to think critically, and the same time you are very fair to the people you critique, and you show people why they should be skeptical about information online. Most important, you drive home the message that money isn't free- you explain the difference between investing and speculation better than I have seen anyone do it.
I have never gone after money. I always worked to make a difference to people. Unfortunately I am older now and have nothing to show for it. I wish I had thought about this when I was younger.
I really appreciate you checking out the video, Kris! I hope it brings your students a TON of value!
This is a really balanced take. Absolutely fire video. Thank you.
Thank you! Psyched you enjoyed it!
My head is literally spinning for all the information from a lot of those millionaire UA-camrs but surprisingly I find yours practical.No BS. Thank you. I found your channel just recently.
Awesome! I really love hearing that. Thank you, thank you, thank you!
@@AnthonyVicino actually the reason that I watch these videos is because I want direct guidance. No sugarcoating or flowery words. We want exact tips even if they're blunt, it's okay as long as the one giving the advice is walking his talk. Thank you so much. I'm starting to apply your tips. More power to you.
i don’t know why you don’t have more subscribers, you’re the only one that doesn’t go off bragging about all the brands you have and all the ways you make money. thanks
Thanks, Colton. I appreciate the support, man!
We need more honest people like you.
Thanks, brother. I appreciate that.
As previously mentioned I’m surprised you haven’t blown up on this platform more. Good information and well delivered. Keep up the good work.
Thanks, Peter. I appreciate that, man. Honestly, I've been blown away by how quickly we've grown over the past 3 months. The fact that anybody at all is tuning in is a big win in my book.
because he is gonna sell some courses after this lol
@@x15money Good. I hope he does!
Hands to head
Best analysis video I ever saw. Period.
I really appreciate that, brother. Thank you!
Looking at the comments, it doesn't seem like everyone didn't watch the entire video. I appreciate how you elaborated on the fact that there are lots of parts about these guys' rise to success that you can indeed take away and apply to your life. Balance that with a cautionary approach to their methods and an understanding of what can be manipulated, and you're fine. Just because they're outliers doesn't mean their stories aren't ones we can all model or at least see their work ethics and reach for something like that.
Good video, Anthony.
It's very important that we don't "marry" a creator's content, instead we can watch multiple creators and extract the best things from then, from that point with that knowledge creating our personal criteria and way of seeing life. Excellent video you got a new subscriber
That is a fantastic way of putting it... "don't marry the creator's content". I love it! Thank you for that.
First time viewer of your video, but already subscriber! That’s what I can call value content☝🏻
Welcome aboard! Psyched to have you, brother!
This video is like a breath of fresh air. Thank you
I appreciate that!
Thanks - gained a sub. Im 31, so I don't fall for the young guys plugging courses or something they are trying to sell you leveraging the YT channel as the actual thing making them rich.
Psyched to have you here!!
I get the feeling that these youtubers grinded their way to the top, and because they realise that they got competition, they don't want to create further competition for themselves, and so they're making you waste your time into watching their videos and enter the youtube rabbit hole to delay you and stress you out and make you anxious, and then scare you away into eventually giving up. Not give up cause you realize you have a different purpose, but give up feeling miserable and depressed, cause you feel inferior about them.
It's a dangerous mental game they're playing collectively, and i won't fall for it.
Oh, that's an interesting perspective I hadn't considered before.
That luck part is completely true, they talk about how they used skill and how we can use it to and then talk about a particular opportunity they had that we probably won't have till we die. 😫
Good video. Refreshing to see someone informing, not attacking people, in a logical approach. Look forward to future videos. Subbed 🤞
Thanks, prodigy. I know the title and thumbnail are a bit inflammatory, but hopefully people watching the whole video realize my goal isn't to actually tear anybody down.
Using the same phrase, but different ''They are lying, when they say they are just like you and me''. Nothing against you, this video is really good !
No worries. I appreciate you checking out the video!
There's a saying, "be at the right place at the right time," plus a little luck and there you go, you made it! As I've figured, a lot of those guys made most of their money during the crypto bull run, cashed out and diversified into more traditional assets, so now they chill, nothing wrong with that. So yeah, they might give good motivational speeches and decent advice for the average person but don't take all their advices to heart and think you'll be crazy rich fast. After all, if it was that simple, we would have all becoming millionaires in less than a year. Great video!
Timing and Location. Nail those two and it's hard to go wrong.
Position yourself for the next bull run and you can easily replicate their strategy.
The criticism is constructive and I like the angle but some of these guys have track record from age 16+ just grinding.
@@zeddyofficial5966 Yeah, I don't care how old you are when you start... if you do a thing for 10 years, you're gonna get pretty damn good at the thing. Can't fault them for that!
Love this channel. You delve into whats actually happening and exposing how these gurus use dubious tactics. Have been working on dropshipping for awhile. These UA-cam gurus make it seem like it's super easy and that anyone can do it. It actually takes hard work and and overnight success is slim to none. Shopify has a stat that says 99% of online businesses on their platform fail. It's good to be motivated but don't fall for the trap of running a business is easy.
I appreciate that. Seriously, thanks for being here.
I don't care what anybody says, there's no such thing as an "easy" way to make money.
There are "simple" ways... but not easy.
Seriously, especially dropshipping. Don't even get me started on affiliate marketing either, I mean it feels like there's potential, but it's just so hard to actually find info. It's like all of a sudden everyone's an expert and makes millions
A breath of fresh air. Well said, thanks, Anthony.
I appreciate that, Seeds. Thank yoU!
This video was needed for me. I turn 24 tomorrow, working a job that doesn’t fulfill me what-so-ever. I find it hard to not get down on myself & anxious about where I’m at in life. Trying to build some things that surround my passion. Just going to keep showing up & putting in the work.
I feel you, I just turned 23 and was in a similar boat to you in some sense. If there's anything you can take from these guys is stay sober, don't turn to instant pleasure when you feel down, develop a routine, eat better, exercise, and spend at least a bit of time EVERY day working on something you think could make you your own boss at some point. There's honestly so many things you could do, video editing, filming, online freelance, just find what you think you would like and be good at and keep trying. Dont give up man
@@markpichkur6090 Thank you for the encouraging words! Improving bit by bit each day.
That's all you can do. Just keep showing up and doing the work. If you do the right work for long enough, it'll get you anywhere you want to go.
@@AnthonyVicinothanks because i already start many things when i was younger real estate etc... and i am 27 years old :/ and i see them and i wish i already done this too but it is not rush!!
Awesome video, I’ve been watching both those guys for several months now and this is honestly very enlightening and helpful.
Psyched to hear you found this helpful, James. Full disclosure, I think Iman and Seb put out a ton of great content.
I've listened to a lot of wealth creation UA-cam video's, and I must say this is most probably the best in, information, direction, how to, and common sense in wealth creation I've ever watched. Keep it up - you are clearly solid in what you know and share. Thanks
Thanks, brother. That's incredible feedback, Daniel! Much appreciated!
That’s true. I’ve been consuming UA-cam content for productivity, financial advice and growth and inspiration. And the young millionaires on UA-cam don’t give clear factual info or that’s even practical for anyone. Love your content
Thanks for the love, dude. Really appreciate it!
If you live in the US you can probably become rich. What you can't become is young and rich. Young and rich takes a tremendous amount of luck.
I remember watching a Graham Stephen video and just complaining in the comments section because he was pushing real estate to get rich. He was talking about what he did in like 2010 buying on high leverage and just getting a bunch of properties. I was like bro, me and a bunch of friends did that in the early 2000s and you know what happened?
Everyone I know got wiped out in 2008 due to said leverage. If you bought real estate after '08 you made bank. That was pure luck that you were at the right age at the right time to catch a boom, but don't tell others that they'll get rich doing that because they won't. Cheap houses were over and it became far more risky to be in real estate.
I 100% agree that if you live in the US, you have no excuse for not getting rich. So much opportunity.
@@AnthonyVicino opportunity for who?
@@BeautifulEarthJa For anyone with access to a computer and the internet.
@@BeautifulEarthJa Didn't see this comment a couple of months ago, but in my experience there's huge demand for competent workers. I don't care where you work. You can be at McDonalds. If you do a great job you will move up and by the time you're in your 30s you'll be making bank. If you take that money and invest it instead of being victim to lifestyle creep you'll be rich by your 60s.
The amount of knowledge, wisdom, and insight in this video is amazing.
Thank you so much!
Amazing breakdown and great production! Wonderful and enlightening video, thank you!
Thank you, thank you,thank you 🙏
so much young men are being led astray by gurus who are outliers, i feel like its not bad to aspire to be an outlier, but we gotta discern between good and bad info
100%. You totally get it!
Nailed it. Excellent video. Thank you.
Thank you, thank you, thank you. Glad you enjoyed it.
This content is so necessary and you made it so much simple to understand. Great content!
Thank you so much, Ady!
No way you actually responded to the 2,3 k comments! You got my respect.👍
I've probably missed a few, but I've tried my hardest to respond to every comment on this channel.
@@AnthonyVicino 😁😁
17 minutes looked like 2 minutes of so much valuable info.nice bro
Psyched you found it valuable!
Great video. This is something that's been on my mind for a while. I've even commented this on their videos from time to time but it's always ignored (and fanboys just end up calling me a hater).
The fanboys can be a scary crowd. Tread lightly there! :)
Realized there are so many things in life you can do and live an incredible life, leave your community and people around you better, without a ton of money. Just enough so you don't have to worry about it and do the things you genuinely love
100%. Leave the world and the people you meet better than you found them.
This has been a very interesting video. Thank you so much for your feed back :)
Glad it was helpful!
Wow, really well done presentation. I was a HS science teacher and I taught people how to teach. i loved how you clearly invested so much time in an outline that you beefed with succinct clarity and appropriate disclaimers but with set neat parameters. And did all this following so many other gems of a good educator. BTW, Stoicism is really coming online these days. Thank you.
I really appreciate that feedback, Mary. Been working really hard on becoming the best teacher/presenter/storyteller I possibly can be. Glad to see people enjoying the work!
I always say "Profit" when I say my totals in posts and video titles. Everyone (especially drop shipping world) loves to use revenue. But what is the point when they claim $4 million in revenue but spent 4.2 million on ads? That is a loss. Yes, there are some people claiming they make millions and actually are losing money. I think it should be a rule to always post your profit numbers as well as your revenue. Be honest and transparent that is how you make sales on your courses about how to make money. They give us "real" creators a bad rap.
Profit is a much better way to discuss these things. Great point.
Great video. I feel like you have opened my eyes and now I look at these youtubers in a different way. Thank you
I'm so glad!
Great comparison about the differences between investment and speculation. You remember me what I read couple weeks ago in the R.K book. Excellent reminder. To be honest, is a very common mistake to confuse them.
Awesome! Glad I could be a reminder. Thanks for checking out the video.
I like your balanced approach to this.
I appreciate that! Thanks for being here.
That was eye opening, cheers!❤
Glad you found it valuable.
Excellent video, Anthony! Please make more videos like this. These dishonest grifters need to be held accountable. A couple of other points that you could perhaps address in a future video: 1. Many of these kids actually had rich parents/grandparents that gave them the seed money to start their business. They will often lie and say they started from scratch, when in reality, their parents gifted/loaned them $50K-$100K+ to start their business, invest, trade, etc. Starting with that much capital can make the difference between success and failure. 2. Most of these kids actually make their money via selling online courses and coaching programs, not from being successful traders, investors, etc. If they're as successful in their craft as they claim to be, they should be able to furnish audited profit/loss statements, balance sheets, and/or financial statements. Most of the time they can't or won't do that. 3. Some of the bigger influencers are paid huge sums to sponsor certain companies. Graham Stephan was paid $50K per month to promote FTX. When it collapsed, his fans lost millions. 4. Some 20-year-old kid, with minimal business and/or investing experience, should not be giving investing/trading advice, especially if they're not properly licensed.
Appreciate you, Josh. Thanks for checking out the video, brother!
Bro when you make excuses you will never get to where you can be. Just wrong.
@Skuld's Records On the audited statements, I would love to see audited statements for these guys businesses. I am not skeptical, but as someone with an accounting background, I'd like to see how much real, recognized revenue they make in a year, and whether they are using appropriate vs. aggressive accounting practices.
Also, how on earth would someone have a decade of experience at 20? Are you saying they started working at 10?
@Skuld's Records these are not excuses, they are facts. If they are so rich, why the heck are they selling courses? It's because that's how they make 90% of their money. When will you wake up young kids? There's a saying, if you know, you do, if you don't, you teach.
@@bxsed they sell courses to make even more money, its a simple formula : 1) get good at something 2) teach others and make even more money from it. Selling courses doesn't mean you aren't successful already. Don't lump all course-sellers together. There are some bad apples out there, but also many many genuinely good courses from people who really know what they're doing.
Hey man i appreciate this. I'm glad there are people with actual experience that are willing to help others and keep things real and transparent. A lot of these youtubers are smart and helpful, but when they give tips they use the mindset of a millionaire and not an average joe trying to get richer, which 99% of the viewers are. When you're teaching others i fully believe you should think of their situation and their thought process first so things are more helpful and make more sense to them.
I appreciate that! I think you're spot on. You have to speak to your audience where they are, not where they hope to be. That's what I aim for, at least. Hopefully I succeed more often than not.
Then you should follow that old guy with the ball head he gives average Joe money advice like saving and being frugal etc and paying off all your bills before you start investing.
@@firandcurly84 Dave Ramsey?
@@AnthonyVicino Right!! For the life of me I couldn't remember his name.
you just earned yourself a new subscriber. Thank you for making this video
My pleasure. Psyched to have you!