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.
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. Feel free to comment your thoughts on your own journey - whether financial journey or life journey! I’d love to hear from you.