Kyl Jay is an expert trader with more than a year of experience in trading stocks, crypto, and forex. He is also the founder of CryptoKings_Global, an institute that helps people discover the power of compound investing. In 2020, he scaled his cryptocurrency trading business from $20,000 to $2 million.
In this article, Kyl shares the top lessons he has learned over his one-year journey.
Contents
Figure Out What Works For You
The biggest mistake many people make is going into a career without firm direction. To excel in any field, you must be entirely confident that it is suited for you.
“I have been an entrepreneur my whole life,” Kyl admits. “I’ve never wanted to fall under the normal routine of working for someone else, so I became obsessed with being my own boss. All of my business ventures continued to grow through my experience.”
Take the time to determine what you want to do, then pursue it relentlessly. Even if other people are excelling in other things that are different from what you do, you need to develop the discipline to focus on your own track and stick to your path.
Be Prepared To Make the Sacrifices
“I achieved everything by putting constant hours and energy into learning this space,” Kyl states.
Everybody definitely wants to attain incredible success, but putting in the work is an entirely different story. If you genuinely want to reach mind-blowing heights, you must first accept the fact that you will need to let go of many things that hold you back, as Kyl did.
“For my first year, I cut myself off from the world. That meant no partying, no social gatherings, no dates, nothing. All I did was spend every second of every day learning about the crypto space, and it paid off handsomely.”
Sacrificing short-term gratification for long-term success is an inclusive part of business and even corporate success.
Nothing Beats Hard Work
It is crucial to let your results speak for themselves. When you have audacious goals, you will face more friction than usual because many people will not be able to understand your ambition. In this case, talking about what you want to do and seeking validation will not do you any good.
“I believe my results speak for themselves,” Kyl affirms. “Consistency is key in this business. I don’t feel like I have any competition because I am playing my own game. I am in the business of just helping as many people that I can. So, whether it’s $500 or $5 million, it makes me no difference. I am still doing what I set out to do.”
You must focus your complete attention on the task in front of you, take your goals one step at a time, and keep yourself accountable.