It seems like a lot of people are worried about the future right now.
And while we are not going to be giving you a bunch of investment tips in this video,
here are 10 things that you should understand about yourself in your 20s in order to set
yourself for success later in life.
Yeah, guys, you are not going to hear a bunch of life hacks, body hacks, investment hacks.
These are just things that we wish we would have started in our 20s that we did not really
pay attention to until our late 20s and our 30s.
So if you get started on them now, Andrew, you have a chance to be very successful regardless
of all the doom and the gloom in the media.
By the way, guys, it is the part of their profit margin to sell you the doom and the
gloom.
Let's get into number one.
Andrew, you have to come to terms with your family.
And I know that this is something that is very difficult to do for like second generation
immigrant kids, Asian kids, because like the immigrant family, it's like so enmeshed into
one being.
You know what I mean?
Like, it's not like, I guess, a typical American kid where there's some separation between
the parents and the grandparents and the children.
But it's just like there's sometimes there's so many people dealing with so many family
pressures, whether they're the first child, the first born son, inter-family dynamics.
Like there's a reason why a lot of Asian-American kids go through therapy, right?
Yeah.
I mean, I think understanding your role in your family early on, if you have that role,
is very, very important.
Like I had a Vietnamese friend in college, like she towards the end of high school, she
understood that she was going to carry a lot of the burden of the finances for her family
growing up.
So she was going to go to college.
She got a scholarship.
She had to get a good job.
So she did not live a regular college life, go to all these parties and have fun.
But her friends, we all knew that.
And we didn't distract her.
We didn't invite her out and do all this other stuff.
Minvin was focused, man.
She was treated like a Navy SEAL, man.
And now she's financially stable.
She has houses.
She has a family.
She has jobs.
And I'm sure she's enjoying life.
But do you know the truth is, Andrew?
Not everybody handles it at a 10 out of 10 level, right?
Some people crack underneath that pressure.
Some people don't want it.
Some people need to grow to group therapy, pro-therapy, but pro-therapy can be expensive.
Some people need to go on Reddit as a starting point to meet other people who like share
their qualms, right?
Like everybody reacts to like their parents' pressures differently, right?
Some people are like, Dave, I am so disappointed in you.
You guys did not become Jake Paul, Logan Paul.
Look at the Paul brothers where they are at.
Then look at the Fung brothers.
Long story short, you got to come to terms with your family situations or at least start
the process.
Point number two, Andrew, you have to know your own individual motivations, your own
buttons.
Andrew, you're a different watch than me.
You have a different watch mechanism.
I have a different watch mechanism.
How do we DIY work on ourselves, even though that is something, to be fair, that's more
the sign of a mature person.
If you start figuring yourself out now when you're 20, you're going to be that much stronger
when you're 30, regardless of whatever recession.
Yeah, bro.
You got to figure out what makes you tick and what ticks you off.
You know what I'm saying?
Like what's going to release the dopamine for you?
You know, for me, releasing dopamine comes in all different types of forms, but basically
it's not productive.
So I acknowledge that.
Yeah.
Have you seen Sarah Tonin?
I'm like looking for her at this party.
Listen, guys, I partied in college too.
I will tell you this.
It can lead to some realizations about where you don't want to be, but literally you have
to go out and see a lot of different things in life.
I'm not saying you can't party, but you got to go see a lot of successful projects of
diverse kinds to see which ones really like tickle your fancy.
Moving on to number three, Andrew, you have to be around successful people.
However, Andrew, there's a caveat.
You have to be around successful people who share your similar mindset because if you're
like the entrepreneur type, you have to be around entrepreneurs.
If you're more of the corporate rise, the prebuilt ladder type, you have to be around
that type that's more institutional because if you're around the other type, you know,
you'll still see some of the work ethic and the motivation and the effort, but it won't
fully at a 10 out of 10 level seep into your mind and your heart.
Yeah.
Here's a tip.
Try to look for other successful people who talk like you because how you talk is kind
of a symbol of what culture you belong to or your mindset.
So David, I mean, growing up in business school, one of the main things you took away from
business school was not listening to any professors, but yeah, it was these weekly lunches that
we had with the former VP of Starbucks, who was one of the co-founders.
He was worth a hundred million dollars.
His name was Howard Behar, and we had this like program because he was from Seattle Starbucks.
This is from Seattle.
We could have lunch with him once a week and he'd kind of like, at least for like an hour
and a half, kind of treat you like he was your uncle.
By the way, Andrew, I did not have an American uncle that was worth a hundred million dollars
that was willing to drop game on me.
But I always remember like he was kind of crazy.
He'd say wild things.
He was brash.
He wasn't like fully PC.
And that always appealed to me so much more than like being like my finance professors
that were always like, yeah, we got to look at the arbitrage of the Deutsche mark.
Like that didn't appeal to me.
I'm not saying there's people that aren't institutional like that, that aren't successful
with the Argyle sweater vest.
But for me, I was looking at Howard Behar and I was just like, yo, man, he's just crazy
and he's rich.
I like that.
Number four, Andrew, do not spend all day on an activity that doesn't really make you
a better attacker of life.
This is a controversial one.
Controversial for the Asian community.
You know why it's controversial for the Asian community?
Because we are a community that likes to geek out on anime, gadgets, tech, like just geek
out on anything.
I know people who don't even play basketball who will be the masters of fantasy basketball
and know all the VORP ratings and P.E.R.s.
Yeah, I mean, I think one thing that obviously as people who play sports, I would recommend
people do some type of sport.
It doesn't have to be basketball, but do some type of team sport, because guess what?
Everything in this world after that sport usually involves a team.
To be fair, Andrew, we do know a lot of guys who got rich off crypto and NFTs that were
into anime, Starcraft, Warcraft, League of Legends, Dota, more of like the nerdier macro
style strategy games.
I think the average person needs to maybe slow down how much first person shooter games
they're playing.
And if you're going to play any video games, I guess it would be more of the chess like
video games, you know, with the whole team building, kind of like your League of Legends,
Starcraft, things like that, because at the end of the day, to build anything in the real
world to make money, it usually involves being on a team somehow.
No, it is true.
When you talk to a lot of business people, I'm not saying it's going to change way, way,
way in the future.
But as of right now, people still bring up Michael Jordan, Tom Brady, Serena Williams,
Tiger Woods, Wayne Gretzky.
People are always bringing up sports legends as an allegory or an analogy or a metaphor
for business.
I have never in my life heard anybody say, yeah, I just wish I played a lot more Fortnite
and Counter-Strike in college.
Why didn't I play more Halo?
By the way, guys, we're not saying video games are fully bad.
We're just saying, like, if you are going to dedicate yourself to something in so much
time to something, I'm guilty of this to geek out on something.
Make sure it has some transferable analogies to the real world that can make you better
at living your life.
IRL.
Oh, by the way, Andrew, a lot of guys who love streetball and just one on one isos,
they're not necessarily good business people either, because that's removing the team aspect
out of basketball.
That's true.
If you only like to do crossovers and basketball, what does that say about your business acumen
moving on to number five?
I love Andrew.
If you live with your parents to save money, and I know a lot of Asian kids who do this.
I know a lot of second gen kids who do this.
They're living with their parents to save money, but then they just take trips to Vegas.
They go to EDC, they buy drinks, they lease a car that is way out of their league in terms
of payment.
They're not following through on the, yeah, I'm going to buy a house by the time I'm twenty
five plan.
So it's like you kind of got to know if you're going to live at home, then just live at home
and actually run the plan.
Basically, we had a lot of friends growing up who saved money living with their parents,
but they would spend so much money just to make up for the fact that they're living with
their parents.
So maybe they're saving two thousand dollars a month, but then they're spending fifteen
hundred on a car payment for a BMW, going out to eat, buying drinks for other people,
having fun, you know?
Yeah.
And I do think that they're also going to miss out on the networking effect, but they
could have multiple properties.
It could go either way.
It depends on what kind of game plan you're trying to run for your lifestyle.
Andrew, number six, this actually connects to number five.
You want to spend the extra money generally to be in a hyper ping filled area where you
can meet a lot of successful people from a lot of diverse fields.
You can talk to them, talk to them about their industry and also talk to them about their
life story.
So if you grow up in like a blue collar town, you might not meet any that many people immediately
that are trying to go into tech, right?
Because that's kind of a nerdy thing to go into.
But what happened, what my friend did, my Filipino friend did, was that we come from
the same town, right?
But to network with all the tech founders, he actually cold emailed like a hundred of
them one summer and try to meet up with as many as he could over a cup of coffee.
He bought them coffee.
Now through that, a lot of them didn't even become his mentor, but he did end up relating
to one or two of them and that's all he needed.
Yeah.
And also some people, Andrew, if they want to be in a more like old school industry,
like old money industry, they just work at the golf course.
However, for us, Andrew, we actually just play basketball and we meet a ton of really
successful people actually playing basketball, believe it or not.
However, I will say this, Andrew, at the CEO runs, you definitely need to be on your
best behavior and you need to move the rock and pass the ball a lot.
Moving on to number seven, Andrew, here's an analogy for you.
Sometimes you just need to put on whatever helmet you've got laying around if you're
about to go on a bike ride, but make sure you also take it off quickly if it doesn't
fit.
What I learned is a lot of young people, Andrew, they talk too much about their plan, so they're
actually not getting started early enough.
But then when the plan goes sideways and it's clear that the ship is sinking, they don't
hop off the ship and end the project early enough either.
Right, because I think at the end of the day, listen, the best team you have are the people
who want to do something with you, right?
If you have nobody else, if you want to start a clothing line and nobody else around you
wants to do it, you either do it yourself or you work with the people around you that
want to do it.
Now, that's OK, but that might not be the most successful team either.
So at some point you need to understand, OK, listen, guys, you know what?
This is not working out and I'm just going to call it a fail.
So we need to just, we just need to check this off and say, yo, OK, we did a trial run
and we need to restart over or I need to find some new teammates.
Andrew, we were in a failed, I mean, like it did something, it had a spark when it started,
but then ultimately failed sinking ship, clothing line in college.
And we probably stayed in it like two years too long, to be honest.
Like we were just hoping that it was going to regain that initial spark.
We were hoping, we were hoping, Andrew, there was no second spark coming, but it was hard
for us to swallow because we didn't know anybody else who wanted to do anything else.
Now, I'm not saying that you starting something with your old hometown friends won't work
the first time, but that's rare.
Usually there takes some calibration and like swapping out members to get to that point
where it's fully banging on all cylinders.
Number eight, Andrew, this sounds kind of crazy because I know a lot of people don't
like this word nowadays in 2023, but you do have to accept hierarchy to make a system
work to an extent.
Yeah, listen, whether you're playing basketball, you're starting a clothing brand, you're starting
a YouTube channel, or you're starting a discord.
There is always somebody who kind of has like more access or more power.
There's the admin, there's the moderator.
There's somebody that generally has more say and is the leader and you need that in general.
That's why a lot of people don't like playing pickup basketball with randoms because you
play with random people.
You don't know how they play.
You don't know if they're going to buy into the system.
Are they going to grab rebounds or are they going to shoot the ball all the times?
They're not the main score.
You're the main score, or maybe you think you are, but they actually are.
Nobody knows their role in pickup basketball.
That's why if you want to get anything actually done, you have to make up roles.
We had a clothing brand that we were just talking about, and at the meetings, there
was like six or seven people.
That's just way too many people.
And they all would like talk the same amount.
No, everybody wanted their input, and that's including me.
I didn't have the same role as you, so I'm saying like everybody wants their input and
wants to feel equal, but actually you cannot have everybody equal to get things done.
Number nine, Andrew, find a mentor, a big brother, somebody who's further down the lane
that you want to be in, has climbed that ladder that you want to climb further than
you that wants to help you out and drop some gems on you.
And it's probably because they relate to you or just understand you or want to see you
be successful.
Yeah, I think this is the tough thing about coming from an immigrant community, like maybe
your options are somewhat limited as far as mentors that are from your exact background.
But like I said in an earlier point, try to find someone who you just relate to as far
as like the way they speak.
Listen, not everything is going to line up.
You can't just be the same ethnicity, same religion, same this.
They look the same as you and they're very successful and they want to mentor you.
The two most valuable things are availability and they care about you.
If they care about you, they're going to be available for you and they'll be able to talk
to you and help you out.
Yeah.
A lot of the out of the box successful guys that are Asian right now in America had a
non-Asian mentor because like we said, Andrew, previously, most of the Asians in America
for a very, very long time were either in a systemized corporate route or they were
like running small businesses like a restaurant or a bakery or something on the side, you
know, a small construction operation.
It wasn't really fully like the exact modeling of something that the new generation wants
to be a part of.
Last but not least, at number 10, Andrew, if I was 20 years old, I would start to do
a lot of things once, you know, a lot of guys, their roommates, they struggle to clean their
crib together.
I would just pull some money together, make sure everybody puts up the money and hires
a professional cleaner to do a deep clean just so you can see what it's like to trade
your money for an elite service that you could not do on your own.
That's the same for like a lot of things in life that a lot of people try to do, whether
it's like this thing or that thing, you got to see at least once what it's like to pay
a highly trained professional to do it for you.
Then you can decide whether or not it's worth your time or like how good you are doing it.
Oh, yeah, definitely hire a professional to do it once and then try to copy what they
do. That's the best thing.
Instead of just trying to like work things out yourself, just pay that one time.
It's like getting a haircut, go to the nice barbershop once, get a good haircut, pay the
thirty, forty, fifty dollars that it costs, pay attention to what they do and try to
recreate it. If you need to cut your own hair, if someone's cleaning or cooking in front
of you, just learn how they're doing it.
You might not be able to replicate it 100 percent.
Of course you're not. However, even if you take that as a lesson and you can start to
recreate it as a 60, 70 percent, that's pretty good.
Yeah, I will say this.
The one life hack that I will mention in this that I saw earlier is and this doesn't work
for everybody, but it could work for you, Andrew.
A lot of people sometimes need to see nice things one time, buy a first class ticket
one time, buy a really nice pair of shoes one time.
And if they find that that really like triggers their buttons, that's going to be a great
way to motivate them to keep doing the things to get that feeling again and again.
So like we said, it all kind of links together.
Guys, these are all things that I did not even think about until later in my 20s or
maybe when I turned 30.
If you start doing them now, Andrew, and you get in line with these things like it
doesn't really matter whether, you know, 2023 is a recession year or the inflation is
really high or not, because you will be poised to be more successful in the future.
Hey, listen, maybe your investments are down right now, but your self-improvement can be
up even in the recession.
Hey, listen, guys, it's better to get started now when you're 20 than when you're 27.
All right, everybody, thank you so much to leave it in the comments down below.
If we missed anything, what are some other things that you would recommend people know
about themselves moving into their 20s and 30s and, you know, just overall successful
advice that has to do more on the introspective side, not just kind of a monetary
side. I think that's a totally different video, but please let us know in the comments
down below. Hit that like button and thank you so much for watching the hot pop boys.
And until next time we out peace.