I wish I knew this about money earlier

Navigating the financial side of entrepreneurship is a challenge many of us face. I remember splurging early on and learning the hard way when things backfired. Entrepreneurs often aren't naturally great with money; we're risk-takers. Reflecting on my journey, I advise young people that they don't need to earn a specific amount to start investing.

A common misconception is that investing requires a high salary, like $100,000 a year. However, data shows that about one-third of millionaires in the U.S. have never earned six figures. Their success lies in being disciplined and consistent with their investments.

Even small amounts invested over time can make a significant impact. The power of compound interest works wonders when you start early, whether you're 18, 19, or 20. The sooner you get into a rhythm of smart investing, the better positioned you'll be for long-term financial stability. Invest small but invest often, and watch your efforts compound over time.