Edward XL | CEO of GoatFundedTrader
Edward XL | CEO of GoatFundedTrader

@EdwardXLreal

9 Tweets 8 reads Nov 12, 2023
I went from 20K in debt to being a Multimillionaire at 23
Here are 7 lessons I’ve learned in this journey
Financial Discipline
Maintaining strict control over spending and budgeting is crucial especially in your first years
When I had 100k to my name, I still took the bus
Invest wisely
Learning to invest intelligently played a pivotal role in building wealth quickly
I bought assets before buying any liability
I prioritised buying 6 real estate properties before buying a nice car
Continuous Learning
A lot of people stop studying once they finish school
Education should be a life long journey
Risk Management
Both in trading an in life, in every decision you take, there’s some risk and some benefit associated with that decision
Make sure you take positive Risk:Reward ration decisions
Persistence
It wasn’t all sunshine and rainbows, think long term and delay gratification
Networking Matters
I’m a strong believer that you need a period of isolation to go from zero to 1
But in order to go from 1 to 10 you need a great network
Master one skill
Master one income making skill while you surround yourself of people that are experts in different fields
Compound knowledge through your network
If you want to Learn more subscribe to my YouTube:
@edwardxl?si=sfHLRnIfGrdkdH_y" target="_blank" rel="noopener" onclick="event.stopPropagation()">youtube.com

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