How I Earned $100,000 by Age 24

Journey from YouTube to Business Success and Loss

Early Beginnings

• At 24 years old, the speaker had £100,000 in their bank account but eventually lost everything. The journey began at age 16 with a passion for playing Call of Duty and creating YouTube videos.

• By 17, the speaker's YouTube channel gained about 50,000 subscribers, generating income until personal distractions led to abandoning the channel for social life and relationships.

Transition to Lifeguarding and Entrepreneurship

• After two years as a lifeguard, the speaker decided to quit at age 18 to start their own business, taking a significant risk despite having a stable income.

• A birthday gift of a camera sparked an interest in videography; after learning editing skills through free projects for brands, they secured their first paid job within months.

Rapid Growth as a Videographer

• By age 21, the speaker was earning £4,000 - £5,000 monthly filming for various businesses until the COVID-19 lockdown halted all work opportunities.

Seizing Opportunities During Lockdown

• Instead of succumbing to despair during lockdown, the speaker launched a successful business importing stock from China that generated substantial revenue due to high demand.

• The product sold was affordable crease protectors that appealed to consumers who had disposable income from government support during lockdown.

Business Expansion and Setbacks

• At nearly 24 years old, turnover reached £30k - £40k monthly until import/export restrictions during the second lockdown disrupted supply chains.

• Collaborating with an engineer friend led them to create gym weights amidst increased home workout demands; this venture also proved lucrative.

Financial Downfall and Lessons Learned

• Despite initial success leading to £100k savings by age 24, poor financial decisions—including investing heavily in another business—resulted in losing everything.

• The speaker faced additional financial burdens when receiving court judgment for debts incurred without accountability from partners.

Rebuilding Career Post-Loss

• Starting over at age 25 involved returning to videography while adapting strategies learned from previous experiences; new opportunities arose through networking with local restaurants.

Establishing Retainers and Growing Business Knowledge

• Managing social media for multiple restaurants transitioned into consistent monthly retainers rather than one-off jobs; this strategy significantly boosted income potential.

Achievements and Future Aspirations

• By focusing on retainer clients within the Turkish restaurant community, earnings grew substantially while gaining valuable insights into managing finances effectively.

New Ventures Abroad

• Feeling stagnant prompted relocation to Dubai at age 29 with aspirations of building an even more successful marketing agency than before.

Current Status and Vision

• Now making £15k monthly from his agency in Dubai while aiming for future growth towards achieving £50k per month through refined business practices learned along his journey.