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The Absolutely Real Way to Make One Million Dollars in Five Years!

20-Year-Old Millionaire Describes 'The Snail Way' of making money, Which Will Make You Rich

By Isaac OsahPublished 11 months ago 3 min read
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The 28-Year-Old Millionaire Shares 'The Tortoise Way' of Doing Business That Will Make You Wealthy Surprisingly Fast' is a self-made millionaire at 28. He has the freedom to work from where he wants, when he wants, and if he wants. He achieved this by following what he calls the 'Tortoise Way' of doing business. He believes that many people want to be a Lion in business, but this mentality is actually what holds people back from achieving sustainable wealth. Instead, he strives to be a Tortoise, taking their time in business, slowly building things, creating value for their clients, and enjoying the lifestyle that comes with the freedom of entrepreneurship. He also emphasizes that market timing strategies (attempting to buy into the market at the lowest point and sell at the highest point) notoriously fail time again. The most important details in this text are that investing legends like Warren Buffett and Charlie Munger do not try and time the market, instead they find a good market, get into it, and spend a lot of time in that market. This strategy is the equivalent of trying to time the market in investing, and most of the time will not work. Instead, it is important to spend time in your market and grow a reputation in your industry, increase skills, and refer clients to their friends and others in their network. The Tortoise Way of doing business requires relationships over transactions, as if you can establish a real relationship with a client, they will stay with you for a longer period of time and make repeat purchases, and they will tell their network about you too. If you see business as purely transactional, as simply money changing hands and nothing more, you are missing one of the most powerful drivers of business growth - humans. Humans want to do business with people they know, like and trust. To build a rapport and relationship with customers, strive to pleasantly surprise them with your product or service. The Tortoise Way of doing business means that your business serves your lifestyle, not the other way around. If you do it well, you can be in the top 1% of earners in your country while enjoying exponentially more freedom, independence and autonomy over your lifestyle. The Lion Way of doing business is focused on building an empire, and if you are one of the rare Lions that make it, you will suddenly find yourself having to set up an office, hire employees, potentially navigate investors, and burden yourself with expenses. The ultimate destiny of the rare Lion that succeeds is for their lifestyle to serve their business, creating a golden jail cell for them. Take your time, and your results will improve. Here's the most bizarre aspect of it all. Have you heard the fable of the Tortoise and the Hare? If you haven't already guessed, the moral of the story is that if you take your time and do things well, you will get at your destination faster than if you try to cut corners and rush. That is why The Tortoise Way is so effective. It took me less than 5 years to acquire everlasting financial independence by just doing things correctly and without attempting to hack my way to money through shortcuts. Each year, revenue increased gradually but steadily.

I established a reputation in our field, which resulted in word-of-mouth sales. My abilities improved year after year, allowing me to deliver better service, close more sales, boost efficiency, and so on. As I assisted additional clients, they began to suggest us to friends and others in their network who may also benefit from our services. We built a team, and I implemented procedures that allowed the firm to run more efficiently and profitably.

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