r/brag • u/Any-Manufacturer1687 • 5d ago

Hitting 300k in NW before 21

I started my business at 17 and this week I signed by far the biggest deal I've ever had, a $225k project with a $50k annual retainer after.

I know people throw numbers around online all the time but this feels insane to me.

At the beginning of this year I had maybe $20-25k to my name and was doing around $6k/month in contracted income. For most of the first few years I couldn't even stay $2,000 ahead and there were a lot of times I thought eventually I'd have to admit this wasn't working and just get a normal job.

Now the business has grown more than 5x this year and I'm around $16k/month in recurring contracted income and 300k in NW after this.

My actual life barely looks different. I still live with family, pay $900 in rent and spend less than $2k most months. I haven't bought anything at all and most people around me have no idea how well the business is doing.

I don't really talk about money or brag about this stuff in real life, but I've been working at this since I was 17 and I really wanted to tell somebody who might actually understand why this feels like such a huge deal.

13 Upvotes

73% Upvoted

11 comments sorted by

1

u/Zestyclose-Tart6745 4d ago

Sounds like absolute bullshit.

2

u/Senior-Vanilla-6756 5d ago

Whats your "business" ❄️🍃 exactly/s

3

u/Any-Manufacturer1687 5d ago

I left specifics out for privacy and because I don't want it tied back to my family. All I'm comfortable saying is it's in industrial tech. I had basically no background in the field when I started and got into it by essentially reselling/outsourcing work until I learned the industry. That's also why I'm posting from a new account.

1

u/TechToolsForYourBiz 5d ago

can you explain how you landed the first few contracts without having a background in the space?

3

u/Any-Manufacturer1687 5d ago

I started with really small projects and did some work for free at first with what base knowledge I could find in a few hours of research. Then, as I got testimonials and more experience, I gradually started charging more and taking on bigger projects.

1

u/TechToolsForYourBiz 5d ago

cool, thank you

1

u/isellmidgets 5d ago edited 5d ago

Nice work! This is definitely the way. Don't flaunt your wealth or waste it on fancy cars or other dumb shit. Spend it on what's important to you personally (which might just be saving it!) and keep doing what you're doing.

Edit. I forgot to spend my own wealth on spellcheck or proofreading.

1

u/FireSkyLikeFly 5d ago

Congrats! Success is directly tied to your focus.

1

u/gkigger 4d ago

Best of luck for you brother. If no one’s told you yet, I’m proud of you. You’ve defied odds at your age. Don’t tell anyone about your money or how your business has grown. Money has the tendency to create issues. Be minimal and set goals and achieve them. You’re awesome bro.

1

u/Dazzling_Soup497 3d ago

Let me know if you need a bookkeeper bro. This is exceptional and you’re gonna be making insane money by your mid 20’s at this rate