--- title: "How I Earned More Money (6 Figures By 30!)" description: "This is how I earned 6 figures by 30 years old. Understand how to earn more money by learning new skills that adds value to society." url: "https://www.mrmoneytv.com/articles/how-i-earned-6-figures-by-30/" category: "Personal Finance" author: "Finlit" published: 2023-05-29 updated: 2023-06-08 source: "Mr Money TV" --- # How I Earned More Money (6 Figures By 30!) This is how I earned 6 figures by 30 years old. Understand how to earn more money by learning new skills that adds value to society. ## Key takeaways - Peter, the founder of Mr Money TV, reached a six-figure income by 30 working as an insurance advisor, after employers kept rejecting him and pushed him to build his own path. - He started by setting a clear goal: he worked out the lifestyle he wanted and calculated the income needed for it, then gave himself two options, a higher-paying job or building a business. - Getting to six figures meant a steep learning curve as a salesperson, plenty of rejection, and the discomfort of relying on other people's misfortunes to pitch his product before he adapted his approach. - To start a business that solved problems at a larger scale, he discussed it with his family and downsized their lifestyle to free up his own money, time, and energy. - His core belief: money is temporary, but the skillset to create value and solve problems is long-lasting, so build skills rather than chase money. Hi! I'm Peter and I'm the founder of Mr Money TV. This is my story on how I earned a 6 figure income by 30. Achieving financial success is a dream that many of us share. Whether it’s to pay off debt, buy a house, or simply enjoy a comfortable life, we all strive to reach a level of financial stability that allows us to live our lives on our own terms. However, the journey to financial success can be daunting, especially when starting with a small pay check and limited resources. In this article, I will share the lessons I’ve learned on how I achieved a six-figure income, built a business and ultimately found my passion and true calling. I hope this gives you a sense of motivation to keep up with what you're doing and earn a living that provides a comfortable life that you see for yourself. :) ## Lesson One: You Are What You Do I started my journey to financial stability by setting a clear goal and developing a plan to achieve it. I knew the lifestyle I wanted to live and calculated the income I needed to achieve it. I gave myself two options: to get a job with a higher pay or to build a business. Unfortunately, I kept getting rejected from potential employers, leaving me with no choice but to pursue my second option. This lesson taught me that having a clear goal is not enough. As people, we must also develop a plan and take action to achieve it. We must be willing to explore different options and take risks to reach our desired outcome. ## Lesson Two: Action Speaks Louder Than Words My journey to financial success was not an easy one. I started as an insurance advisor and went through a steep learning curve to become a good salesperson. I faced plenty of rejection and had to deal with the painful experience of relying on other people’s misfortunes to pitch my product. However, throughout the years, I adapted and learned a different approach to selling my product. In the end, I was lucky enough to do well in the industry, eventually reaching a six-figure income by the age of 30. This lesson taught me that success is not achieved by chance. We must take action, even if it means going through a steep learning curve, facing rejection, or taking on unpleasant and morally grey tasks. We must be willing to adapt and improve along the way to achieve our desired outcome. ## Lesson Three: Create Value I reached a point in my life where I felt trapped in a lifestyle that was controlled by money. I realised that I wanted to do something bigger, to create real value in this world. So, I decided to start a business that solves problems at a larger scale. I knew that this was a risky move because it would require investing a whole lot of my own money, time and energy. If I wanted to pursue this, it would mean changing my lifestyle completely. So, I had to discuss it with my family and after some deliberation, I took action to downsized our lifestyle so that I could pursue my business. This lesson taught me that money is temporary, but the skillset to create value is long-lasting. We must focus on developing skills that allow us to create value and solve problems, rather than chasing after money. We must be willing to make sacrifices no matter how uncomfortable in order to achieve our dreams, in in some sense, achieve our purpose. ## Conclusion Achieving financial success is a journey that requires a clear goal, a plan, and action. We must be willing to take risks, adapt, and improve along the way to reach our desired outcome. Sure, this was my journey to a six-figure income but so what? Ultimately, this was **my journey in finding my real purpose in life.** If you’re an aspiring entrepreneur, I hope this gave you some sort of motivation to achieve your dreams. For me, this journey is still on-going and has had its ups and downs. I’m infinitely grateful for your support because it was you who helped me realise my dreams. I made a YouTube video on this as well where I talked about it in more detail, so you can check it out [here](https://www.youtube.com/watch?v=I2_oP9ICx_o&t=45s&ab_channel=MrMoneyTV). Feel free to comment your thoughts on your own journey - whether financial journey or life journey! I’d love to hear from you. ## Frequently asked questions ### How did the founder of Mr Money TV earn a six-figure income by 30? Peter, the founder of Mr Money TV, set a clear goal by working out the lifestyle he wanted and the income it needed. After employers kept rejecting him, he started as an insurance advisor, pushed through a steep learning curve and plenty of rejection, adapted his sales approach, and reached a six-figure income by the age of 30. ### What is the key to earning more money according to Mr Money TV? His main lesson is that money is temporary but the skillset to create value is long-lasting. Instead of chasing money, he says to focus on developing skills that let you create value and solve problems. He also discussed it with his family and downsized his lifestyle to free up the money, time, and energy to build a business that solves problems at a larger scale.