These Average Joes Became Crypto Millionaires In Under 12 Months

About this video

Sam and Shaan discuss remarkable wealth-creation stories from their personal networks, including a friend who turned $500k into $15M through DeFi investing, a teenager who created a crypto protocol worth $900M and cashed out $10M, and other extreme success stories. They explore their emotional reactions to these stories—including initial jealousy—and what it means to witness ordinary people achieve extraordinary financial outcomes in crypto.

Key takeaways

• Sam’s friend went from an average career to personally earning $15M in one year by moving from traditional investing to DeFi, turning $500k in savings into life-changing wealth without a massive starting capital base
• Shaan encountered a 20-year-old who created an anonymous crypto protocol that reached a $900M market cap, allowing them to cash out $10M and pledge seven figures to charity—a stark contrast to when Shaan knew them as a teenager on Blab
• Both hosts experienced jealousy upon learning these stories, and Sam reflects on how recognizing this emotion—understanding that others’ success can trigger awareness of one’s own perceived shortcomings—is important for personal growth
• Crypto has enabled non-technical, non-financial people with modest savings to achieve outsized returns in ways that traditional career paths typically cannot offer

Episode details: published January 12, 2022 · 13K views · 10:04 long. Summary written by Self Growth Videos from the episode itself. The business ideas, figures and results discussed are the hosts’ and guests’ own claims, shared as brainstorming and entertainment — not verified facts and not investment advice.

← Previous: Saas Companies that Anyone Can Start with Rob Walling · Next: How Much Money Do Best Selling Authors Actually Make? →

All My First Million videos · My First Million profile · My First Million (official site)