How One 25-Year-Old Earns $400K A Year While Traveling The World

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(photo: www.thumbor.forbes.com)

So the big trend these days is to find a subject that you know a great deal about, figure out how to make money off that online, and travel the world while you rake in the cash. Of course, it sounds too good to be true, and if it IS true, it’s only true for some people. That’s true of alot of stuff, but for the people this guy above, if you are passionate about pursuing your dream, and you do it with dogged determination, it IS possible.

I found an incredible story on Forbes.com about Johannes Larsson, a Swedish innovator (and that guy pictured above) who is a  self-proclaimed marketing guru, and passionate traveler who at just 25 years old runs a financial comparison business that earned him over $400,000 of passive revenue last year.

 

The author of the article interviews Larsson and asks him key questions about his success. I would highly encourage you to read the two page interview because it is full of fascinating stuff, like how Larsson has been at this since he was 15, but didn’t hit the right formula for what he’s doing now until he was the the ripe old age of 22. And how he has a team of over 20 people who work for him, and they are what’s called “intrapraneurs.”

Here are some of my takeaways:

**He surrounded himself with people who are on similar paths to motivate him, help him grow, and keep him accountable.

**He narrowed his search for employees who understand what he did, knew his business, and wanted to take on the risk of being an intrapreneur. that is, people who are paid for their performance, per task, or in shares.

**He lives by one rule: do something productive, or something that you enjoy, or both… but never find yourself in that gray zone where you’re doing neither.

**Create your “dream team” asap. Even if you can’t afford experts, find people with the right mindset, educate them, and encourage them to rise like stars.

**Learn and execute. It’s common for people to either learn too much and execute too little, or learn too little and execute too much. This balance is very powerful and important to keep in check.

**Only consume information that you can apply to your business or situation today. For each book you read, video you watch, or podcast you hear, write down a takeaway on how to apply that knowledge–otherwise it’s useless.

**Lastly, make it a habit to go outside your comfort zone and don’t let fear hold you back. You’ll be sure to succeed if you can constantly do what most people are too afraid to. Becoming an entrepreneur changes your perspective, and once you’ve succeeded (no matter how long that takes), you’ll see that anything is possible.

 

 

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(photo: www.thumbor.forbes.com)

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