Transcript of Videos:
Hey guys, this section is called “How to Actually F**king Make Money” and in this section we’re going to discuss the economic theory – No! We’re not! We’re going to talk about how to actually f**king make money! Which is what they should be teaching you in school instead of a bunch of bullshit! I can’t believe it’s up to me, some random stranger on the internet to teach you how to actually f**king make money. Which now is my pleasure to do.
Money isn’t everything but it’s pretty damn close. Money helps provide a foundation for your life. Money pays for your food, where you live, how you get the f**k around, your car. Money is one of the most common reasons for a divorce. One in eight divorces now caused by student loans. Money or lack thereof is one of the top causes of stress. It is so powerful. Money will fund your exploration, your fun, your travel, your passions, your independence, your adult life so don’t you think it’s worth studying more than the last elective at the end of your college career. Yes!
Money, the video game. So look at it like a video game; It’s very simple. There’s levels and independence is the first level of success in money. Just being independent financially from your parents and you have a four year head start of those people going to college. You know, just by skipping college you’re more likely to be able to buy a home to live in. Isn’t that crazy? Most millennials rant because they have no other choice they have so much debt when they come out of school they can’t make a down payment on a house. At 18, you don’t do anything I say here, all you do is skip college. You save some money. You have the money for a down payment. Guess what? You have a house. You have a house; Isn’t that great? You have somewhere to live. Shelter, it’s one of the basic needs.
If your family has saved money for college you can use it smarter. Keep it saved, you know, put it into some type of investment fund or use it as a down payment on a house but just keep it. And if you have no college savings, it’s okay. By skipping you can start saving building credit. You can make investments in better training.
People worry about money because they were never taught about money, so let’s talk about it now. My goal isn’t to make you into a money obsessed gangster. Say hello to my little friend, you know? With a mountain of coke; drowning in a mountain of cocaine. It’s to give you tools to create a life that you control. To win the game and not lose like so many graduates are doing. They’re just losing.
Now I’m going to show you how to make money in ways that provide more freedom and I’m even going to show you how to make money from your passion and your knowledge and I know this sounds cliché or crazy but it is possible. I know because I’ve been doing this for the last six years. Dance with me Lois, dance the dance of life.
Now I want you to have a vision for your future and understand how it all works, a plan. Skip college strategy: a plan of action designed to achieve an overall aim. So I want you to learn all your options, give you some context, the world of money and jobs to execute a good plan.
This is so crazy guys because in these short videos I have to explain something that your parents and your teachers should have been explaining to you for the last decade of your life and I have to cram it into these videos. But, basically, everyone else what they’re doing is they’re going to college and they’re hoping it all turns out. That’s what they’re doing. Ask anyone in college, “What are you going to do after college?”. They will not be able to tell you. I will guarantee you that. Well, I hope I get a job. I don’t want you to do that. So, once again you’re going to have to unlearn some nonsense that you were taught in school or as I like to call it now, clown college, which is basically what college school is.
I’m going to jump around a little bit. I’m gonna get a little crazy here, a little hyperactive. So, how to choose a career the dumb school way. Now right now a lot of you are thinking, “Okay, well I need to choose a career,” so they give you these random, strange tests like these skills on logic, management, people, communication or they’ll give you shapes. Which of the following shapes should come next in this sequence? Oh a triangle or is it going to be an octagon? I don’t know. Maybe that will determine if I’m going to be in hotel management.
Then, if you go on the internet, you’ll get these ridiculous types of, “I would rather be a wildlife expert or a public relations professional.” What kind of stupid question is that? Isn’t it obvious if you say you’d rather be a wildlife expert, you’re going to be a wildlife expert? I’d rather be a tax lawyer. I’d rather be newspaper editor. There’s no guidance here. It’s stupidity on an epic scale. And then you get some of these test scores, they give you this random result about what your test scores mean and then it says, “You’re an inventor. You could be a real estate agent, an art director, a diversity manager, a computer analyst, or a TV talk show host.”
“Oh I’d like to be like Conan O’Brien. I wonder where I can apply for a job to do that.”
This is so worthless. You might as well hire a psychic with a crystal ball. You would get better information. And then of course there’s the people who think their major is going to turn into their job. As we’ve seen before, almost all of these majors other than engineering are going to turn into a sales, customer service, or an office job. So it’s complete madness. They take some aspects of your interests and your personality in these career tests and it’s totally ungrounded. It’s like training you to be an elf. “Well I like people and also know how to sort shapes so that means I’m going to be a human resources director.” It makes no sense at all.
So, for now I want you to give up trying to figure out what you want to be when you grow up. And here’s a hint, nobody fucking knows. They have these little kids, “I want to be a fireman, I want to be a policeman.” Nobody knows, especially when you’re in high school. Don’t define yourself by your career or your job. Be like Tyler Durden, Okay? You’re not your job. You’re not your bank account. You’re not your fucking khakis. You’re not any of these things.
So, here’s how to choose a career the smart way. Don’t! Don’t. Don’t worry about it. Take some time to learn and explore. Don’t choose a career; create the life you want and ask how money supports it. Say, “Hey, I just need to make money. I’m not looking for this office manager job to be my life’s calling.” Because it is a recipe for disaster. Recipe for disaster, guys.
So I want you to take a step back to look at another deeper, even more stupid assumption. I know, it’s like crazy. How could they get even more stupid than they’re already being right now. This assumption is that you, with your 15 or 18 or 22 years of age, you’re going to pick the career that you’re going to be in for the rest of your life. “I’m 16 years old. I’m going to be a human resources manager for 30 years.” It doesn’t work that way in reality. Realistically, most college graduates realize they are not interested in what they majored in or pursuing. You’re going to have 12 to 15 jobs by the time you retire. That’s statistics. The point is, this is not the time. This is not the time to be determining that. It’s like saying to you, “Get married now to your soul mate, even though you’ve never dated anybody.” That’s why it’s so awful that you’re in high school and you’re thinking they’re asking me to do something impossible. I have to pick a career or a major based on I have never had a job, I don’t know anything about these jobs, I don’t know what the future is going to be like, but I got to somehow pick my future and it’s insane.
It’s not the ancient world, guys. You don’t become a blacksmith because your father was a blacksmith. Your first job is like your first kiss; It’s not going to be perfect. You’re going to build on it. I’m going to take all the pressure off this nonsense. Now remember, level one is just independence, living on your own. That’s all you should be thinking about when these people are talking about “majors and what I want to do and I’ll do this extracurricular and this.”
Dude, all you need is to figure out how am I going to live on my own. Because of the boomerang kids. There are so many people moving back with their parents after college. So the level one goal is just comfortably being able to get your own place. Getting your own place or at least knowing could. Some people stay at home on purpose because they’re saving money. That’s great! That’s an empowered decision, but it’s not powerful. I know because I was in my 20s, I moved back home because I didn’t know what to do or how to make money. It’s a terrible feeling. If you want to move back with your parents and you love your parents, that’s great. But it’s really mostly because you couldn’t afford to move out and it’s not a good feeling. It’s not empowering.
And here’s a blank slide. I totally forgot about it.
So, survive then thrive. Just in the back of your mind, I’ll do another video about this, but how much money do you need each month for your basic needs. This is what you should be focused on. You know, do the math of your rent and your car insurance and all these things. I need $2,000 a month. Great! Now you can do the math of what kind of job you need to get and you can be very comfortable and responsible for that and you can move out and be an independent adult versus the person who just graduated with a degree in interpretive dance and then goes, “Now what? I was so responsible and I got my degree, but I don’t even know how to support myself.”
Most people approach the job search and money with a desperate, clueless pleading attitude. “Please, please, please give me a job. Give me money. I don’t know what I’m doing. I need help. Please me give me a money. Give me a money. Like that.”
Rather than asking, “What value can I offer?” This is what I teach people. Karen, you know, she came in at 21, she learned these skills that are in demand, she gets hired, gets a $6,000 a year raise because they saw the value of the work that I provide.
So here’s a wealth tip. Think from the employer’s point of view. Do employers want a fancy suit? Do they want a really cool looking resume? It’s like being on a date. If you want to have a good date with somebody, you have to actually listen to them and think about what’s it like for them. You can’t just talk talk about yourself throughout the whole date. It’s not going to go well.
So here’s the thing; Employers want skills, not credentials. This is the fastest way to get ahead, guys. Just understand this. Degree is meaningless. That’s why Liam Neeson in Taken said, “I have a certain set of skills.” He didn’t say, “I have a degree in hostage negotiation” or something like that or kicking ass. He had skills that he utilized. Employers want people who can do things that need to be done at their company to make them money.
So here you google what are in demand skills. LinkedIn will tell you these are the top skills in 2018. Right in front of your face. You get any one of these skills, you will have a job, you will have clients, you will have money. This is how this leads to money.
Now you may have no idea what some of these skills are. That’s okay. You’re looking in the right direction. All the top skills involve computer and the internet, not mowing lawns! And this is what drives me insane because if I Google “How to make money as a teen” I’m still going to see these articles where it’s like, “Hey guys, you should start a paper route or you should mow somebody’s lawn or pick up leaves for your neighbors. You could charge them $10 an hour or something like that.” Dude, that’s what people did in the ’90s when I was a kid. There was no internet. There were no ways to get these skills. It’s the worst advice I’ve ever seen. You have so many opportunities.
How valuable are your skills? This is the question. Specialized skills like the ones we’re talking about, ones like Karen has. That’s why she’s making $40 an hour and my other student Nick is 20 years old in Seattle making $35 an hour. Everybody else who has just general skills like being able to flip a burger or work in an office. “Oh, I know how to use Microsoft Word. I’m going to get 10 or 15 dollars an hour.” That’s why you get paid more money depending on how valuable your skills are.
Skills. So, the thing about the skills is that they can be learned directly online or in intensives, like bootcamp, in under a year, and you can start learning a lot of these things in high school, which is why I’m doing this whole course because I’m like, “Dude! Stop wasting your time stressing about the damn AP test and learn some skills that will get you paid.”
My favorite skill, the one I focus on the most that I teach is SEO and SEM marketing. I’m going to talk a lot about it. Because I don’t consider myself super technical, but all those skills are learnable. Coding is learnable. I learned coding when I was in high school. I did PASCAL. I’ll talk to you about that later, but all these skills are learnable if you apply yourself.
So what is a job actually like? Being a doctor sounds great, but in reality it’s pretty darn gross. I remember my buddy in medical school and I was like, “What’s medical school like?” And he said, “We’re doing prostate exams all week.” Dude, he is just sticking his finger up guys’ asses all week. That’s his job. That’s what it’s actually like to be a doctor. It’s really gross, it’s boring. I mean I’m sure it’s very rewarding for a lot of people, but what is the job actually like? So I want you to go from the concept of what a job – a lot of parents push doctor, lawyer, engineer on people because, you know, people force themselves into engineering, law, et cetera because it’s stable or it’s prestigious. Oh, a doctor! Oh, it’s going to marry a doctor. But what is the job actually like? And a lot of engineers especially – I know so many damn former engineers because they got the degree, they got the job, and they look for something more fulfilling because it’s not very fulfilling work.
Now I would like you to be able to follow your passion and we’re going to talk about that; however, that’s not an excuse to avoid reality. I’m not saying, “Oh, just write poetry and paint stuff and you’ll just somehow magically make money.” That’s not what I’m saying, and I would rather have somebody who becomes an engineer and doesn’t like it that much but they can at least feed themselves and support themselves than somebody who sort of delusionally following their passion without anything practical about how to actually turn that into money.
So, these skills are powerful, what we’re talking about. These skills, even if it’s not your dream job to say be a coder or work in digital marketing right now. Even if you think you can’t learn it. Oh I’m not a technical person. I’m not good at it. I think you should push yourself because you can. You can. It’s not an excuse. You should have these skills in your back pocket because this is the right direction to push yourself. When you have these skills then you can use these skills to generate income for yourself for the rest of your life and then you’re a responsible adult and you have the freedom to do what you want in your life and you’re not a slave to somebody else. Now digital marketing is a hybrid, it’s technical and creative, and I’ll be talking about it a lot because, like I said, I’m not super technical myself and I’m more creative and that’s why I like it. It’s a mixture of the two.
Now here’s a big thing they never mention in school. A job is only one way to make money. It’s just one way and it’s an okay way, but it’s really one of the most soul sucking ways to make money. So, the Gig Economy. You know, you do a gig and you get paid like in Grand Theft Auto, and that’s basically freelancing. Let’s say you have two assassins. You’ve got the guy from No Country for Old Men, I don’t remember his name, and Jason Bourne. They have two different job classifications. You got freelancing and an employee. Freelancer has no taxes withheld. They file a 1099. That’s a whole other topic. Basically, they have more freedom and an employee has less freedom. Now, an employee has more stability because they usually have a weekly paycheck and a freelancer has to find their own clients, but this freelancing is where a lot of my students, they end up getting a job and then they go, “I would like to work for myself.” That’s what we’re going to talk about later, the freedom to actually make your own schedule.
Now, in today’s economy companies are not loyal. This is something you need to understand. When your great-grandparents were growing up, they would work for one company for 50 years, and that is dead. That is not a reality in the world anymore, and some of your parents and grandparents or people pressuring you have this delusion. They’re like, “Oh, you’re going to get a job and you’re going to stay there for 30 years and get a pension.” Doesn’t work anymore that way. You are a mercenary or Mary Poppins. You’re a gun or a magical nanny for hire. Okay? You are only as good as the value that you represent to a potential employer or client. That kind of sucks, but it also provides a lot of opportunity when you get skills that are valuable.
Again, you can get a great job. There are great jobs and if it’s in a more developing, newer, more modern field like digital marketing, the jobs are going to be better, so you can be like Davit over there, who got a job as a paid search specialist, or you can be like Dustin, who got a client for $950 a month and he’s working on his own schedule, or someone like Karen, who we talked about before. You can also be a freelancer writer or artist. I’m not talking about being a starving artist. I’m talking about using your ability to write or create art in a way where it’s actually providing value to individuals and businesses, and you get paid for it. That’s what I’m talking about.
You can also sell your art, your music, your book directly online to people. That’s the miracle of Kindle, of iTunes, of all of the digital media consumption that’s happening today. You can sell stuff on Amazon or with Shopify or eBay. You can do that, and people make money doing that. You can package your knowledge into a course, which is what I love to do, and you could get paid for it, paid to help other people by providing your knowledge, passion, and experience about things. You can run a blog, a YouTube channel, Instagram page, and make money referring people to other people’s products, and that’s basically called affiliate marketing. You know, there’s a lot of ways to make money, more than just a job.
This is the overall view of things I want you to have. This is the introduction, okay? This is a pyramid. I said that higher up on this pyramid you tend to have more satisfaction and more purpose, so the ultimately goal for a lot people who find my work and what I’m teaching is they want to have their own online business, something involving their passion. They want something called passive income, which is where you make money through automated systems instead of trading your time for money. Or it could be something as simple as, I want to make money for my art or for my writing or something creative, something I love to do is actually going to earn me money, and that is totally possible. That’s something that I do.
However, this is at the top of the pyramid. This is not where you start. This a goal. These things at the bottom of the pyramid are things you use to support yourself to get up to this goal, and what I love is the lower part of the pyramid is just regular jobs, you know? But the middle part of the pyramid is getting those in demand skills, and those in demand skills can change your life when you get them, which is what’s happened with so many of my students, and you work your way up.
Now, a Joe job or a regular gig could be driving Uber. It could be mowing lawns. It could be being a cashier, customer service, waiting tables, and all that. By the way, out of these things I’d say driving Uber and waiting tables are the best because you want to be in any kind of job where you can get tips, because there are people that can make … a lot of the people that wait tables, it’s not glamorous, but I bet most of the people waiting tables have college degrees, because they can make more money. You could work at Cheesecake Factory and make $250 a night versus what the hell you’re going to make at your stupid office job getting paid minimum wage. Driving Uber and waiting tables are also good because you have flexibility, and there’s no shame in doing that. I’ve driven Uber. I’ve waited tables. I’ve done all of these jobs.
The thing is, a regular job is great if it’s in this context, to support you gaining high value skills and ultimately building your own business. If you have a vision, if you’re coming to work doing Uber or doing customer service or waiting tables and you have a vision for your life, you are going to enjoy your job. The thing that people get messed up, they don’t have this vision. They don’t have an understanding of what they can do to grow themselves and to make more money, and to expand and create. They get stuck at a job and they’re just doing it to make money to make rent, and it is the most soul sucking thing, and this happens to so many college graduates. They just get a job because now they got to pay rent, and they go to the office for eight hours a day. They trade their time for money. They have no vision, and it just is a slow, miserable death.
I don’t want that for you. I want you to have a vision of what you’re moving towards. It even makes your Joe job very exciting because you’re building towards something. I know this is a lot of information to download. That’s why this is the introductory video in this section. You might be thinking, “What skills can I get? Which skills will I like? How do I get clients? How can I get a job? How can I start my own business? How do I start an online business?” Now, if you’re thinking these questions, that’s all I want you to be doing right now, is thinking this type of stuff. You don’t need any answers to these questions, because now you’re in the ballpark. Now you’re in the right direction. You’re not asking, “What do I major in? Oh, boy. I hope my housing is good. I hope they have a meal plan. I hope they have Frosted Flakes in the cafeteria,” whatever kind of nonsense people going to college are thinking. You’re in the right ballpark.
Now that you’ve ditched school and it’s old fashioned ways, you need a better approach, so this is something else to consider. Mentorship and results-oriented learning, which is superior to classroom learning. That’s what you’re doing right now, believe it or not. You found me on the internet. You’ve seen the information I’m providing, and I’m providing you a form of mentorship. It’s like one-on-one training, even though obviously we’re not one-on-one, but it’s very different than sitting in a classroom where I’m lecturing to 300 students from a mandatory BS curriculum.
Mentorship is the direct connection from someone already in the field or doing what you want to do. Now, it’s also called apprenticeship, and it’s pretty much every movie ever. I mean, I could come up with a list of so many great movies where there’s one character who’s older and wiser, and imparts information to a younger person. Now, being a doctor seems glamorous, as we said. What is the job really like? You’re just putting your hands up people’s asses and looking to get bloody slides all day.
So what would you do to find out? You just talk to a doctor. It’s the simplest thing in the world. They never talk to you about this in school. Do you want to think you want to be an engineer? Great. Go talk to an engineer. That’s it. You want to be a doctor? You want to be a pediatrician? Go talk to a pediatrician. That’s it. Just talk to them. You will learn more in 10 minutes of talking with someone doing the job that you think you want to do than you would from studying it and reading articles and all this other BS or taking one of these stupid career tests.
So the internet and the phone, and we’re going to talk about this more in the networking module, makes it easier than ever to connect with a variety of professionals, including people like me, and that’s how I built my network after college. It’s just by getting in touch with people and being proactive, and again, you could connect with people doing the things that you want to do or you think you want to do. Well, I think I might want to work in computer science. I’m going to talk to someone who works in that field. I think I might want to be a mechanical engineer. Let me talk to a mechanical engineer. I want to do coding. I’ll talk to someone who’s doing coding. Results-focused learning, so online courses are much more geared towards results and evidence than academia.
It’s so funny to me because people still question my cheap ass course that’s like 100 bucks. They ask more direct questions about my course than they would if I was charging them $40,000 for some bullshit degree, but online courses are much more effective because honestly they’re held to a higher standard, because nobody expects a result from your stupid degree. No one is going to sue the school, but when you provide an online course, people are like, “Well, what’s it going to get me? Is it going to work? Is there a guarantee?” So if you want to become a front-end developer, for instance, there’s a website I recommend called Open Classrooms, and if you want to become a front-end developer, you do this online training. They actually have a job guaranteed in six months because they know these skills are in demand. You’ll get a job if you do what they say to do.
So this is a very … much more effective way to learn something is what I’m saying, and I’m going to recommend courses, materials, books, and resources that are practical and actionable. It’s all inside the context of getting you a result and it’s also usually taught by non-academics. i.e., people actually doing things, not just teaching it. Again, you’re going to focus on results and experience, things that actually matter. Again, this is the pyramid here. The Skip College Strategy is get that foundational income with whatever kind of job you got to get. Work towards getting in demand skills where you can get a job in that field or you can freelance. And ultimately build towards you ultimate goal, which is having something that you’re very passionate about, that you love to do, that’s generating you income, whether it’s your own coaching business or doing something with your art, your creative, or some kind of passive income or some type of online business. This is what you’re shooting towards. This is the ultimate, the vision.
Now in the next chapter we’re going to talk a little bit more about creating your own schedule working on your own terms, which is of course something they never discuss in school, but is essential if you want to have a balanced and happy life, so I’ll see you in the next video.