A question to millionaires.. What are the common mistakes you see in teens/youth that are preventing them from becoming rich?

That's not a life goal. Anyone who actually understands how these platforms work knows that they're all over saturated. That means your chances of making it big playing games, being an influencer etc. and generally having no real life goals is very low.

Considering most young people with this kind of goal have absolutely no marketing knowledge, the way to actually make it big on a new platform is if you already have a following from a previous one or if you get in early and you hustle like crazy. Or you choose a smaller platform and you become a big fish in a tiny pond. That can work too as long as the platform you're depending on doesn't go under.

If all of these platforms disappeared, a lot of these people would be in a very difficult situation financially because they haven't built an email list and they don't have anything outside of that platform to generate revenue.

/r/Entrepreneur Thread Parent