In this episode, Travis and his producer tackle a common question: what should a young person do with their first $10,000—put it into stocks, real estate, or a business? They use that prompt to unpack why there is no real “easy button,” why business and skill-building usually beat passive investing early on, and how to think about risk, regret, and investing in yourself over the long term.​

On this episode we talk about:

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  Why, if “invest in yourself” is temporarily off the table, Travis would still choose investing in a business over stocks or real estate for a young person with $10k

  
  


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  The realities of real estate beyond HGTV—hidden costs, thin margins, contractor issues, and why most successful investors built deep, specialized knowledge first

  
  


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  How to think about risk on a 10–30 year life horizon instead of obsessing over what happens to your money in the next 90 days

  
  


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  The mindset shift from hoarding cash to using money as energy that has to flow out (into skills, deals, and experiments) in order to flow back in

  
  


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  Practical first steps for “investing in yourself” the right way: books, free content, then targeted coaching once you have clarity on your path

  
  

Top 3 Takeaways

1. 
   

   For most ambitious young people, betting on a business or income-producing skill will build wealth much faster than passively drip-feeding small amounts into the market and hoping compound interest saves them.

   
   


2. 
   

   There is no legitimate get-rich-quick path; every real success story involves tests, failed bets, and money lost along the way, so plan for the rule (steady action and learning) rather than the rare exceptions.

   
   


3. 
   

   Start small and cheap with self-investment (books, podcasts, YouTube), use that to gain clarity, and then don’t be afraid to spend meaningfully on coaching or education that directly improves your ability to earn.

   
   

Notable Quotes

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  “The inability to make a decision will always cost you more money than making the bad decision.”

  
  


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  “Money is energy—it has to flow out in order to flow in.”

  
  


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  “You can’t plan your life around being the exception; plan for the rule, and if you end up the exception, great.”

  
  

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