24-year-old US entrepreneur earns $2.5M with a 30-hour workweek: His success secret revealed
Published On : 2024-11-21T06:27:32+0530 [ IST ] |
Author : Mayur_Tembhare
Reading Time : 2 mins
Home
Lifestyle
None :
A 24-year-old US manSteven Guomoved to Bali Indonesia hoping to seek work-life balance. He managed to work just 30 hours a week and is now earning Rs 2.15 crore in a year, approx.
Steven Guo told CNBC that his days in Bali finally make sense to him with his mornings for running his business, his afternoons for surfing and exploring and evenings for witnessing the vibrant culture there. Guo explained that his entrepreneurial journey started at the age of 12 and he would mostly host Minecraft servers.
Guo explained that he never knew that one could make money off the internet. Keeping his passion for video games as the base he started agame developmentcompany which failed without proper marketing and learning from his lesson he wanted to learn how to run a business first and decided to pursue the Business of Economics
Steven Guo now runs a 19-employee company spread across the US, UK India and the Philippines.
His typical work day!
His typical work day!
Guo works from Monday to Friday for six hours, roughly spending not more than 30 hours a week and he revealed that 40% of his work time goes into market research on his clients and their products. Guo runs an online retailer that sells dates, a K-pop-inspired merchandise store and a premium company that sells car covers for
Spending his day in peace and calm he also makes sure to explore his passion for traveling Guo has already visited 15 countries by the age of 24 and he chose to settle in Bali.
Why Bali?
Guo notices that Bali has a good affordability range and his community is a four-bedroom villa which is a shared occupation with friends.
Guo balances a lifestyle while growing his e-commerce empire and is enjoying his social life which many dream of. He is also mindful of his spending and prioritizes investments over indulgences. Guo explained that though he earns $254,000 annually, $60,000 is kept for index funds and
He made sure to not spend money on things that depreciate. His ambitious plan is to expand his portfolio to $50 million by the time he is 30 and wants to reach there by investing in high-growth opportunities.
Source : Reporters From Sunrise Chronicles
Tags : Why Bali , Bali , India , h2one could make money , Philippines , Guo , workphilippines .< h2 , He , Keeping , explainedold us mansteven guomoved ,
Summary :
A 24-year-old US manSteven Guomoved to Bali Indonesia hoping to seek work-life balance. He managed to work just 30 hours a week and is now earning Rs 2.15 crore in a year, approx.
Steven Guo
