Jesse Frimpong seeks to retire 50 through several income flows and investments.
FRIMPong founded Prestige knowledge to teach online business skills after its financial struggles.
It emphasizes the creation of assets through changing systems, not just saving early retirement.
This essay is based on a conversation with Jesse Frimong, 27 Prestige knowledge And an electronic commercial expert who plans to retire up to 50 years and is located in Florida. It was edited due to length and clarity.
I am the CEO of the Prestige Knows, the company I set up in 2019, the founder and founder of the company who is able to start my own online business.
I started working on Taco Bell, Macy’s Security, McDonald’s, Noodles & Company and Olive Garden. Every job has taught me essential life lessons about hard work, perseverance and the importance of resistance.
After these jobs and before I started the Prestige, I created and sold e -commerce stores. I sold three of these companies, and this experience gave me experience to teach others to create wealth.
With income from current business and several other income flows, I have a plan and a goal of retirement at the age of 50.
My father worked tirelessly to provide me, often juggling with a few jobs. His determination and work ethics encouraged me deeply. It showed me that no matter the odds, you can create opportunities for yourself and your family.
My motivation to start my own business came from my experience because of financial difficulties. I wanted more freedom in my life, and that driver eventually encouraged me to entrepreneurship.
I earn about $ 6 million a year of revenue, which includes a variety of companies in my company’s umbrella, such as our Saas platform, digital education offers and consultations. I have five employees and several contractors. Personally, I take seven figures every year.
I tried to afford a decent dish or even diapers for my newborn baby. I had no work visa because I was born in the UK. That pressure pushed me into survival mode and look for something else.
I started to dive into free content, YouTube videos, podcast and everything I could have found in the online business. Books like “Rich Dad’s poor dad” and “The Lean Startup” completely changed how I thought about money.
I created my first e -commerce store and just continued. After the attempts and mistakes, I started to get a real income. This experience has given me both capital and confidence to gain good knowledge.
I plan to retire up to 50 years. I want to be able to pick up and travel with my family whenever I want. I want to spend time with my two sons, be presence and create memories, not just moments compressed between work.
I chose 50 because it gives me time to create wealth at a time when I am young enough to enjoy it. By this age, my goal is to have at least $ 25 million in investment in investment so that I can fully live out of passive returns, and continue to finance projects and causes that are important to me.
My plan includes several income flows: my business, real estate, index funds and digital products that generate passive income. I invest a lot in scale systems, so infrastructure can grow, I don’t need to be practical all the time.
For example, automated marketing channels provide potential customers and sales 24/7 without manual monitoring, course platform and digital products can be sold again without any additional effort, while other managed real estate features provide passive rent.
All of these systems are designed to increase, which means they can serve 10 or 10,000 people, whose relatively, with the same efforts. The goal is to maintain increasing income without increasing personal workload.
When you become an entrepreneur and find what is passionate, the pension begins to look different. It is not to quit, but to choose. For me, retirement will mean that you will never have to make decisions based on money.
I do not want to accept a client or project simply because he / she pays well. If it does not match my values or passion, I can pass without worrying about money.
Even small things, for example, decide how long it takes to get rid of or rent help, instead of doing everything himself, originated in freedom, not financial pressure. This is the goal: to make decisions based on what feels right, not what it takes financially.
You can only reduce that, but your ability to create income is unlimited. People also underestimate the power of composite assets: business, good investment or even digital products can increase your income without demanding more of your time. If you are just thinking about how to save, not how to create, an early pension will always feel unavailable.
All I do now is about breaking cycles. I was not taught to invest, financial literacy or entrepreneurship. I had to find out everything independently, so I talk to my kids about money and started my company.
It’s not just about making money – it is the creation of change, the creation of the inheritance and the belief that the start of the next generation begins where I was dreaming of the beginning.
