How do you make your first million

Nice, so how did you learned?

Sure, but its not like I can afford to get a stem degree let alone complete it. It would be a massive investment, at least 3rd of a million with living costs in a good college. Also when im starting out I would make around a 100k for the first 3 tears, maybe 140 from then on and im already in a 350k hole from the money spent on education, also time. Kuving costs would be 50k a year in basic conditions in the economic oowerhouses where you can make a 100k beginners wage it would take me around 4-5 years just to make what i tossed out on the degree and im still at 0. Assuming i make 200k from then on, it will take me 7 years to make my million, lets call it 5 if i made some smart and safe investments. There you have it. I would have to study for 4 years and work around 10 to make that much. That adds up to 14 years of work. And now i have enough to buy a decent house and maybe a decent german car

This. tell us user

Living cost* fuck phoneposting

You will be rich only if:
1. By 3 sort of luck (eg. big bonus from work, golden opportunity brought to you, winning the lottery)
2. owning a piece of business or building one.
Reason is obvious for (1), for (2) you will be making money 24h/7d while your regular job will provide you income only 8h for 5d, with that money you'll be able to compound or reinvest it.

I followed a lot of the popular forex traders on YouTube and wasted my time. I bought some books and wasted my money. Lol. It’s free to learn this shit. Start by doing the school on babypips. It’s the basics to forex. Its stuff you need to know to understand what forex is. Then, go and start the NoNonsenseforex series on YouTube and go find the NoNonsenseforex podcast. The guy stopped posting videos and podcasts and pretty much told everyone good luck. It’s for the contrarian minded folks. A lot of affiliated traders and YouTube creators in the forex sector try to shit on NoNonsenseforex and there’s a good reason why. People learned the truth...

Best I could come up with is start a business and focus on scaling or create a product. Cleaning company, drywall hanging or batteries and light bolbs are some I've looked at. Drywall is tricky because employees are dumb and lazy, it doesn't matter if you pay 10 or 20/hr you get the shit work and they'll leave in 6 months meaning you have to start all over again, taking time away from scaling. Cleaning is good but you run into the same problem, and your equipment costs more so it's even more important that your retards aren't stupid. Battery and lights are cool but competition is fierce now.
Now I'm content if I can just break into cosmetics, lotions, and potions for an extra 25k/yr. I've play'with the idea of bespoke sex dolls made in US but the people into toys are cheap asses who don't want to spend more than 3k on a doll and are too stupid to follow three sentences. They'd rather get scammed multiple times than buy something nice. I'd still like to break in but it would be slow to grow and to be even remotely competitive would mean having the process down to perfection. Luxury silicone dildos and buttplugs would be a good introduction and build a name until my r&d is where it needs to be. I'm more wantrepreneur than anything though. Every thing I've tried before has shat the bed or bled money while eating a ton of time. I know it's a matter of keep trying but as much as I've spent I could have just worked overtime instead and put in shitcoins to be worth a million by now.

Most businesses fail and that’s the truth. No shame user. It’s part of the business/entrepreneurial path. Some business success and some fail and the folks who start businesses usually have tried several things that didn’t work. You’re doing more than most people by even trying to run your own business and that’s respectable. Get that paper bro.

Problem is to start theae businesses, you will need considerable capital investment to begin with. I forgot to mention in the OP that capital requirements should be 50k max

broke mentality or just stupid and lazy. fact is if you're smart and can work hard enough you can get rich. doesn't mean it's easy. it's important to start young so you can take a bigger risks, for example all-inning on things with downside potential of 1 but upside potential of 10x.

>Anything illegal works too if you get away with 2 or less years in the slammer or 8 years or less on probation
Hah, I know, easy!
>...without having to do anything to penises
oh, nvm

the thing with penises is probably legal and the feds wont put you out for being a faggot.
i know some guys my age, mid 20s who "all inn"-ed and lost their place of residence as a direct consequence. Its not like they had bad ideas, its just it didnt work out as they planned because of unforeseen consequences. They basically got fucked by the circumstances that they couldnt anticipate.
Im ok smart wise, not genious tier levels of intellect slightly above average. Working hard is not a problem I can pursue things with autistic intent once I get into it and it makes me money, unless it's busting your ass in some construction site or some monotonous, soul crashing shit.

>a decent, replicable idea
is to work and save. no other method is readily replicable in this world.
basically go full mr money mustache

Nah you dont need much to start a business. Depending on your skills or connections or intelligence, it can cost almost nothing.

with the addition that you can cut your 10 or 15 years down to 3 if you invest in bitcoin dca and cash out in the next ath bubble area not boomer stocks or stupid metals.

mostly connections only. if you are skilled and intelligent you will get a management job for a guy, who essentially does nothing and you do all his duties, who pulled some contractor work off his connections in the government or a main contractor. thats not an option because no friends of my daddy are sitting in the govt or are the CEOs of huge multinational companies.

Buy and sell kneepads.

my father became a high end contractor 15 years ago. I'm pretty sure the family networth passed one million already. I became a neet at 24 but at least I have a finance degree

Imagine the smell

I didnt use connections. I just found a cheap product people wanted and provided it to the market. Sure, corona cut my sales by 70% but im already getting back up. Business wins as long as you arent retarded and have a solid idea.

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do you make said product yourself or give the actual production to sub contractors? or do you resell something? some do you avoid being undercut by competitors?

Not penises? Well then become a Gigolo

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Some ive designed
Some ive resold
All done via 3rd party factories