young entrepreneurs

entrepreneur tips

We could all learn something from this 22-year-old millionaire

growing wealth

There are so many things you can do in your 20s to grow wealth by the time you're 30. Like putting 25% of your paycheck into an untouchable savings account, saving specifically to invest, focusing on earning money and securing a financially stable future ... the list goes on.

rudolph maag

At 25, knowing that I still have about 5 years left to "get it together," my biggest obstacle is finding a well-paying job that will provide me with the biggest opportunity to invest in my future (read: I need a real paycheck and a real salary).

Being in your 20s and in debt because of college is challenging, especially when you're living paycheck to paycheck and essentially chipping away at your student loan interest. It's discouraging. You can't get a job in your field of study because you don't have enough experience, and you can't get any experience unless you're willing to intern for free, and interning for free doesn't pay the bills.

rudolph maag seattle

It's a double-edged sword - you work to survive and you survive to work. And that's not the life that I envisioned for myself 10 years ago.

So I'm trying to change it, and I'm starting to think differently, with a little help.

Tucker Hughes is an entrepreneur and a real human being who generated a million dollars in commissions - in the real-estate industry - by the time he was 22.  Of course, he's something of an overachiever: He received his master's at the age of 20 after fast-tracking four years of school, he's traveled to more than 50 countries, he's completed 13 triathlons; this list, too, continues. 

When Hughes finished school, however, he was broke, but, luckily, not broken. In fact, Hughes attributes his success in the business world to a shift in his mental thinking.

Check out the seven shifts Hughes made in his thinking + the  core values in the video below.

 

SEVEN MENTAL SHIFTS TO HELP YOU BUILD WEALTH

  1. Age is just a number.
  2. Reinvest in yourself.
  3. Avoid decision fatigue.
  4. Build a resilient mind.
  5. Think big. Be big.
  6. Be methodical.
  7. Believe in yourself.

Your life is your investment, and it is critical, and so, so necessary, to invest in your personal growth in ways that you probably didn't think about before. Because if you don't invest in yourself, no one will.

Not sure how to get started?

Consume knowledge voraciously and know that you will always have an appetite for more. 

  1. Pick up a book about an unknown subject and read it for an hour a day 
  2. Listen to podcasts while you're driving and engage yourself mentally. 

Avoid distractions, and avoid wasting your energy on things that you don't have any control of - focus on what you do have control of.

  1. Focus on yourself.
  2. Set your goals, write them down, and fall asleep asking yourself what you can do to achieve them, then wake up, read them, and pursue them.

Here's to making your first million!

 

By RUDY

EXPLORE: Internet personas are really only 20% true

entrepreneur tips, good news

#WomenatWork: @ItsAriFitz brings out our deepest feels

Welcome back to our "Women at Work" series. If you joined us last week, then you already know that our newest series introduces you to a curated selection of working women discussing, of course, their professional lives. But Khafra's always trying to help you look good and live great,  so we explore the impact these women are making - through an audacious blend of professional and personal passions - on the world around us.

Allow us to reintroduce Tomboyish founder, Ari Fitz.

photographer: Brenton Gieser

photographer: Brenton Gieser

It's difficult to discuss Ari Fitz without reaching into the most vulnerable depths of my feels (or fee-fees as my lil sis would call them). In 2013, Ari and I had one very important phone call, followed by a few strategic meetings, and a short stint in a world of surreality. From that, we made magic.

Like. A lot of it.

A whole lot.

Today, the feels are lovely, dark, and deep, not because we're more homies than creative partners these days. That's to be expected of magic makers - those who come together at a brief moment in the universe's juncture for the sole purpose of sharing.

I speak about Ari from a soft spot because I look at her and see the manifestation of intentional desire matched hunger, unimaginable work ethic, and indestructible self-belief.

photographer: Brenton Gieser

photographer: Brenton Gieser

Ari is proof that if you dream it, build it, do it, it can and will come ... and in ways, that (even to me, thank god) were unforeseen. From the day I began collaborating with Ari, I recognized in her what I see in so many of us who know that we know; I saw will. And for the last three years, I've been proudly watching her wield that will, shaping a future (and undoubtedly the next media empire) along the way. 

This is the shit that moves me, folks.

I recently checked in with Ari on the current status of life. Check the best of her interview below.

On the architecture of dreams ...

I'm one of those creatives [funding] their projects with a day job, so a day in my life is pretty hectic. My nights, weekends, and lunch breaks are spent ... curating content on TOMBOYISH's Instagram, casting/producing/filming/editing fashion films, engaging with my audience at every moment, and in my spare time looking for new collaborators (photographers, videographers, brands, etc.).

On her most important project of the last year ...

Late last year, TOMBOYISH launched a partnership with Reebok Classics where we had complete creative freedom to develop something dope for their new styles. That [partnership] was definitely one of my most exciting, rewarding, and impactful projects in the past 12 months.

On what's next ...

Right now, [I'm] hosting meet-ups for TOMBOYISH to bring other tomboy-ish folk together. [I'm] headed to nine cities: SF, LA, Chicago, Toronto, NYC, Philly, London, Paris & Cape Town in the next few months.

Some sound advice ...

Don't let anyone else decide what success is for you. Define it for yourself and don't sleep until you have it.

Define it for yourself. Don't sleep until you have it.

Noted.

Need more Ari in your life? Complete our  STYLE SURVEY and request an invite to Ari's INVITE ONLY salon at Relove Vintage Boutique in SF on Friday, March 25.

 

By khoLi.

 

EXPLORE: #WomenatWork - We spoke with @Pathbrite founder Heather Hiles. It was everything.

You’re the one that types the meeting notes, the one that is over-communicating the schedule, the one that goes and takes the meeting with the person no one else wants to meet with,” he said of his early work in the field. “You’re just doing a lot of grunt work to make things run smoother.

And do it well.

Buzzfeed.com »  The Silent Partner

In a few words, what I do. (via krysfree)