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Introducing “How they got rich?”

This week we are exploring how these millionaires got successful 🔥 Hopefully their stories and experience can be some help to you.

We will be exploring these people today:

• Daniel Bitton

• Eli Preme

• Youssof Altoukhi

Daniel Bitton

This 16-year-old millionaire made his fortune creating engaging content on celebrities and unique stories on platforms like YouTube, Snapchat, and TikTok.

He made the most of his earnings - $600,000 in a month - when he was just 15. 

I can’t remember what I was doing when I was 15, most likely still playing games 😂

His business model involves creating Snapchat shows with teams that produce roughly 10 videos a day.

The approach includes content automation and the primary monetization comes from ad revenue. Daniel is not just benefitting from ad revenue but are seeking more ways to diversify their income from their viral content.

From the podcast with Brett, he explains that Snapchat has a program that paid creators quite a lumpsum if you were approved to be creating on Snapchat based on your CPM.

I would say this is super impressive at a young age, I did not even know you could earn from Snapchat until I encountered the podcast.

Eli Preme

Eli started his path to wealth by buying shoes from regular kids and reselling them.

His first big flip was flipping the OffWhite’s UNCs, got 5-6 pairs and made a profit of around $1,200 each.

Now, with over 20 stores across the U.S., they supply sneakers to famous individuals like DJ Khaled, Jamie Foxx, and more.

How he manages to sell the sneakers to celebrities is by sitting at home and find out who are they friends with and try to work his way into their circle.

Networking is super key in a business like this.

His monthly revenue from shoe sales ranges from $100,000 to $150,000.

He mentions that there is a lot of hard work gone into acquiring the right network to refer him to big clients in order for him to resell his sneaker collections.

Youssof Altoukhi

This 18-year-old millionaire made his first 100K at the age of 12 through dropshipping, moving on to become a millionaire at 16 through his investments in cryptocurrencies like Bitcoin and Ethereum.

Kids these days are just getting insane at earning large amounts of money. 💰

His strategy involves funneling accumulated funds from one successful business venture into another.

Now he is working on a game development project after having made a fortune from dropshipping and crypto investments. By doing so, his users would need to pay for character skins, in-game items and so forth.

Beyond developing games, he's looking to expand his network by attending college, despite his already acquired wealth.

He said the reason why he is applying to college is because of the advice that was given to him that the most valuable thing about college is the networking opportunity.