20-yo tech millionaire – advice?

New Rlro48
Mar 4, 2019 43 Comments

I'm posting this knowing it will attract some envy/hate, but I'm genuinely looking for advice.

Originally from Europe, came to the US for college, dropped out after 1 year, got a E-2 Visa and moved to SF.

For the past years I've been running multiple tech businesses and made enough money to not worry about daily expenses, burn rate, etc. They aren't big VC-backed companies, but small startups I've bootstrapped and scaled to $10M+ ARR by myself (with a few hires).

I'm extremely grateful for my financial situation and the freedom that it brings, however I'm puzzled as to what I should do next. I don't have a network in the valley – moved here last year and with a fully remote team, I don't get to interact/meet a lot of people.

I'm itching to take on new challenges. I'm a very good product person – can code/design/market/operate fairly well, although since I never had a proper job I feel like I'm lacking certain skills.

I know this isn't a lot of context, but I'd really appreciate your opinion. I'd say my #1 struggle right now is personal fulfillment. I have the money, but I want to make a far greater impact and feel like I'm wasting my potential.

Thanks!

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TOP 43 Comments
  • Facebook E69
    weird flex, but ok
    Mar 4, 2019 1
    • New Rlro48
      OP
      Very helpful. Appreciate it
      Mar 4, 2019
  • Autodesk Autobot
    How did you get an O-1 with just one year of college and no work experience (that you have mentioned)?
    Mar 4, 2019 2
    • New Rlro48
      OP
      I have enough press, I speak at conferences all over the world, I have good technical skills and have proven some level of success in business.
      Mar 4, 2019
    • Amazon tctasss
      Who are you?
      Mar 4, 2019
  • Apple MbGVfrYh
    You’ve got the financial stability. Take on a big problem that will take a long time to solve instead of a small one.
    Mar 4, 2019 0
  • Intuit z9nkay
    Don’t be a Zuckerberg. Be a MySpace Tom. Be grateful with your newfound wealth. Don’t make the world worse off with it like Zuck did.
    Mar 4, 2019 0
  • SpaceX uevh5
    Retire, and slowly degrade on a tropical island, surrounded by beautiful women and an endless supply of booze. This is what I would do. And I know I'll never have the chance with such way of thinking, but still day dreaming feels good.
    Mar 4, 2019 0
  • Facebook public2
    You need a vc for guidance and networking and it never hurts to build something with someone elses money. Good luck!
    Mar 4, 2019 2
    • New Rlro48
      OP
      That's what I'm leaning towards. Since I don't have a solid network here, would it make more sense to go the incubator route or hit up VCs one-by-one?
      Mar 4, 2019
    • Facebook public2
      Up to you but if you go entrepreneur in residency you are limiting yourself to one vc. Do you know what you want to do or need ideas?
      Mar 5, 2019
  • Tektronix / Sales
    BlueBerd

    Tektronix Sales

    PRE
    Oracle
    BlueBerdmore
    A feeling of fulfillment usually comes from helping others and giving back to the community. What can you do to help people? Whose life would you improve if you could?
    Mar 4, 2019 2
    • New Rlro48
      OP
      I don't feel like giving back to the community is the best use of my abilities. I think there are smarter ways to make an impact at a much larger scale.
      Mar 4, 2019
    • Sirius XM TySkwieos8
      Maybe think about how to make a large scale impact that genuinely helps people. Every good product solves a problem. Can you build one that solves a problem that is extremely painful for people, maybe such as people who are in a hardship situation of some sort?
      Mar 4, 2019
  • Oscar 🐨koala
    VC backed because you don’t carry liability. Good job pal. I wish I had your bank account.
    Mar 4, 2019 0
  • New / Data Hyper Anna
    Go travelling, see the World and whilst doing it you may come across a product idea that will make a real difference to people's lives. Hopefully that will give you fulfilment.
    Mar 4, 2019 0
  • Apple OFOM41
    I’m really curious, could you give a rough idea what kind of tech business you are running? Like is it SaaS, B2B, consulting, etc?
    Mar 4, 2019 7
    • Twitter CronoSlice
      What do you mean when you say it's not 2010? Is it a different market?
      Mar 4, 2019
    • Apple OFOM41
      So just another couple of questions. Are your businesses making most of your money through ads? subscription fees? a bit of both? Is it primarily like a web based product or a mobile app?
      Mar 5, 2019

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