If you're ambitious but not sure what to do, owner shares six principles, really just actions that have helped me get to where I want. These are the same six things that allowed me to go from having only a thousand bucks to my name and slipping on a gym floor. So now having a portfolio of companies that last year did north of 250 million a year. The reason I'm making this video is because I'm on a mission to get the next generation of men and women to make their first $100,000. And there's a lot of reasons for that. But I think that if you can participate in the economy, you will believe in capitalism. And I think that will set up the next generation for much bigger and better things. So let's just start with principle number one, which is build capacity. And so what to do when you're not sure what to do is you build capacity. So for example, if you don't know what you're going to do tomorrow, you should go and

bet on time today when you're not sure what you're going to do. Still, it might as well be rested. That's building capacity. You can get in shape when you don't have dates lined up. Like you don't have one lined up, but it can help you when the opportunity strikes. You can save money when you're not sure where you're going to invest because at least you'll have the money so that when the investment comes, you'll have the opportunity to take action. And so the thing about opportunities is that they present themselves to everyone and only people with capacity can both recognize and capitalize on them. So don't be in the bleachers when the fat pitch comes. You want to be at the plate. You want to have already practiced your swing, and you want to be ready to go.

And I'll give you a case study that actually can drive this point home.

So there was a study they did at Princeton grad school. It was called the Good Samaritan study, where they had seminary students who saw themselves as moral people, right?

They were studying to become priests. And they asked them to write a paper on being a good Samaritan and then

to present it. And so what was interesting about this is that in the study they separated them

into three groups. And so on the way to give the presentation, there was this very narrow hallway

into the auditorium. And in the narrow hallway, they put someone who had fallen and clearly needed help. Group one was people who were 10 minutes late. Group

two was people who were on time. And group three was people who were early. All right. Now,

guess what correlation, how people rated themselves in their essay had to do with the likelihood that they

would stop and help the person.

You're right.

Fucking zero.

All right?

You know what did have the highest correlation with the likelihood that they stopped and helped

the person?

How late they were.

And so, and let me tell you how big of a difference it was.

The difference between the people who were 10 minutes early and 10 minutes late was a 6x difference in who stopped to actually help the person. And the reason I see this

is so important is that right now, there are opportunities that come to you right now that you

cannot even recognize because you do not have capacity to do anything about it. And so here's some

of the ways that I recommend building capacity, starting with number two, money. So if you don't know what to invest in, save money. Money buys time and time buys optionality. And so let's go tactical. So how do I go about actually saving money? So I'm going to walk through each category very quickly. So food, that means you just don't eat out for anything. It's very straightforward. If you're hungry, you deal with it. Right? You only buy from discount grocery stores. It's not that hard. Clothing. Whatever you have right now is all you need for the next two years, zero exceptions. Reuse what you have, trade or at the very worst, you can go to goodwill. All right? From a housing perspective, live as cheaply as you can, ideally with your own family or worst case with another family that's also trying to save money. And if you're like younger and you're like, none of us have families and that's fine, then all six of you bunk up in one place. Split bedrooms if you have to. And that's what ultimately in the early part of my career, it was like three or four hundred bucks a month for me to just keep the lights on. Not hard when you're splitting one bedroom in a six bedroom house. Now, all of this

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