• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Project Life Mastery

Follow Project Life Mastery on FacebookFollow Stefan James on InstagramFollow Project Life Mastery on TwitterFollow Project Life Mastery on YoutubeFollow Project Life Mastery on PinterestFollow Stefan James on LinkedinFollow Project Life Mastery on iTunesSubscribe To Our RSS Feed
  • START HERE
  • ABOUT
  • BLOG
  • VIDEOS
  • PODCAST
  • COURSES
  • RESOURCES
  • CONTACT

Advice For Young Entrepreneurs: When To Move Out And Building An Online Business

I’ve got some important advice for young entrepreneurs, regarding when to move out and building an online business.

There is a rising tide of young entrepreneurs who are eager to make their mark in the world. According to a 2016 Global Entrepreneur report, millennials have launched nearly twice the number of businesses as baby boomers.

If you are a young entrepreneur interested in getting a head start on your business, I salute you! Having passion, drive, and motivation at such a young age is inspiring. That being said, it’s also important to acknowledge the realities that come with entrepreneurship, and make decisions accordingly.

Are you ready to hear my advice for young entrepreneurs regarding when to move out and building an online business? Mark Zuckerberg said it best – “It's important for young entrepreneurs to be adequately self-aware. To know what they do not know.”

Watch the video below:

(Click here to watch on YouTube)

(iTunes Podcast Coming Soon)

Do you want to learn how to master your online business? CLICK HERE to join my Online Business Mastery Accelerator program!

Recently, one of my Online Business Mastery Accelerator member’s asked me an important question regarding when to move out and building an online business:

“How do you know when it's time to move away from your parents house and start living your own life? Should I spend all my money into my business, or also use part of the money to start enjoying life? Im committed to having a successful business but I also want to be happy, start traveling the world, and go out more. I only go out to exercise and I'm not talking to a lot of people anymore. I'm feeling that something is missing in my life, in particular, a lack of connection with other people. Do you have any advice with regards to how I should spend my money? My parents just want security for my life, but I want freedom and adventure.”

First and foremost, you need to understand that you are still young and that you've got the whole world in front of you. Even the fact that you are asking these types of questions now, means that you are so much further ahead than most people are when they are first getting started. Unfortunately a lot of people move throughout their 20’s feeling lost. They live for the moment, instead of thinking about their future, which causes confusion, stress and a feeling of overwhelm.

If you want to create success as early as possible in life, than you need to be willing to make sacrifices. In my early 20’s, I sacrificed a lot of fun times in order to devote time to building my online business. My belief was that, if I started building my future as soon as possible, than I could create a lifestyle that would allow me to have fun and travel the world throughout my 30’s and 40’s. I knew the price that I had to pay in order to make that happen. It all depends on what you want in life.

I think that there is a lot of value in taking the time to enjoy your life, but if you want to ramp up your business and achieve success faster, you will have to make sacrifices. It’s up to you how you want to structure and balance your life.

I recommend that you take this time to do a lot of self-discovery work, which can be in the form of reading books, attending seminars, traveling, etc. Anything that allows you to have a better understanding of who you are. Develop your skills and figure out what your purpose is in life.

With regards to when it is a good time to move out of your parents house, I believe that living with your parents has its benefits, in that it allows you to save money and invest what you have into building your online business.

However, if you are not taking advantage of the opportunities that this benefit provides, than it will only become a deterrent to your success.

The act of moving out is one of the most important steps that you will make in life, because it forces you to become independent and take care of your own needs. Unfortunately a lot of people can get stuck in a comfort zone trap. They become so dependent on the luxuries of living with their parents, that they don't have any motivation to step up and take action in their lives.

When you move out, you automatically have the responsibility of paying your bills, rent, and groceries, which lights a fire under your ass and forces you to raise your standards.

This is my advice for young entrepreneurs regarding when to move out and building an online business. Starting an online business at a young age can be risky, but you will never know what you can achieve, unless you dive in and take a leap of faith.

I am a big believer that the sooner that you start the faster you will achieve success in life. In the words of Richard Branson, “Ultimately, there’s only one way to start your career, and that’s by starting a business. If you find yourself hesitating, remember my motto: Screw it, just do it.”

Do you want to learn how to master your online business? CLICK HERE to join my Online Business Mastery Accelerator program!

1 Star2 Stars3 Stars4 Stars5 Stars (2 votes, average: 5.00 out of 5)
Loading...

Filed Under: #ASKSTEFAN, BUSINESS, CAREER & MISSION Tagged With: best advice, building an online business, entrepreneurship, independence, make sacrifices, motivation, online business, parents house, self-discovery, when to move out, young entrepreneurs

ABOUT STEFAN JAMES

Stefan James

I'm an internet entrepreneur, life and business coach, and philanthropist with a passion for living life to the fullest and fulfilling my potential as a human being.

My mission is to be a powerful and passionate example of the unlimited possibilities that are available for anyone that commits their life to mastery, while sharing my very best ideas and strategies that can make a difference in every area of your life.
Learn More

Categories

  • #ASKSTEFAN

    Welcome to Project Life Mastery! On this page, you'll find every article we've created related…
  • AFFILIATE MARKETING

  • AMAZON FBA

  • BUSINESS

  • CAREER & MISSION

  • CONTRIBUTION

  • EMOTIONS & MEANING

  • GOAL SETTING

  • GOALS REPORTS

  • GUEST POSTS

  • HEALTH & FITNESS

  • INTERVIEWS & SUCCESS STORIES

  • KINDLE PUBLISHING

  • MINDSET

  • MONEY & FINANCES

  • MOTIVATION & INSPIRATION

  • ONLINE MARKETING

  • PRODUCTIVITY & TIME MANAGEMENT

  • RELATIONSHIPS

  • REVIEWS & RECOMMENDATIONS

  • SOCIAL & FUN

  • SPIRITUALITY

  • VLOGS

  • Recommended
  • Popular
  • Latest
    • Investing For Beginners | Advice On How To Get Started
    • SUPPLEMENTS: WHAT I Take, WHY I Take & WHEN I Take
    • How To Master Your Mind And Emotions
    • How To Start An Amazon FBA Physical Products Business
    • She Makes $40,000 Per Month on Amazon at 23 Years Old
    • NLP Training & Techniques: How To Use Neuro Linguistic Programming To Change Your Life
    • If You Think You Are Going Nowhere In Life, Take A Deep Breath And Watch This
    • How Long Does It Take To Make Money Online?
    • What It’s REALLY Like To Be A Millionaire
    • How To Invest In Bitcoin: Bitcoin As An Investment Strategy
    • 3 Things HARDER To Achieve Than Making A Million Dollars
    • My Morning Ritual For Daily Success, Motivation And Productivity | Stefan James
    • How To Make $50,000 in a Month: Passive Income with Amazon
    • Penthouse Tour: Take a Look Inside My Luxury Apartment in Vancouver
    • 5 Brutal Truths About Life No One Wants To Admit
    • 5 Things Mentally Strong People Won’t Do
    • Improve Your Financial Situation: 4 Steps To Managing Finances
    • Morning Routines That Successful People Use to Be Unstoppable
    • Personal Development Plan: Development Plan To Create a Full Life
    • Positivity Challenge: My 10-Day Mental Diet Plan and Results
    • My Morning Ritual To Increase Productivity, Energy and Success
    • Amazon Book Publishing: Dos and Don’ts of Amazon Book Publishing
    • Best Motivational Video: Get the Motivation You Need to Succeed in Life
    • Passive Income: How to Make Passive Income Online Today
    • Kindle Publishing: The Ultimate Guide to Making Money on Kindle
    • How To Make Money Online: Easy Ways to Make Money From Home Fast
    • My March 2014 Monthly Goals Report
    • Publishing on Kindle: Make Money with Amazon Kindle Publishing
    • Tony Robbins – Date With Destiny Review
    • How to Sell on Amazon FBA for Beginners: A Step-by-Step Tutorial
    • My July 2014 Monthly Goals Report
    • How to Get Rich by Developing a Millionaire Mindset
    • 4 Must Read Internet Marketing Books
    • How to Be a Successful Entrepreneur an Internet Marketer with Dan Lok
    • My 2015 Goals And Resolutions
    • My Motivation Secret: How I Use Psychology to Motivate Me to Success
    • My April 2014 Monthly Goals Report
    • 10 Secrets To Mastering Anything In Your Life
    • 42 Life-Changing Books For Mastering Every Area Of Your Life
    • Investing In Cryptocurrency For Beginners
    • Meditation For Beginners: The Benefits & How To Meditate
    • The “Money Mindset” Of A Millionaire (MOTIVATION)
    • 21 Habits For Health, Wealth & Happiness
    • How Much YouTube Paid Me For 1,000,000+ Views
    • How I’m Investing In Blockchain (NFT & Crypto Infrastructure)
    • Beginner Stock Investing Portfolio (Best Stocks For Beginners)
    • Amazon KDP: Strategies For Making Money Publishing Books
    • SUCCESS MOTIVATION: MASTER THE INNER GAME OF SUCCESS
    • How To Love Yourself (This Is Life-Changing)
    • EMFs (Electromagnetic Fields): How EMFs Affect Your Health & Home Optimization
    • How To Manage Your Money For Financial Freedom
    • I JUST BOUGHT A VACATION HOME! (Multi-Million Dollar Home Tour)
    • Sex, Passion & Enlightenment (Best Relationship Advice)
    • Is Entrepreneurship Right For You?
    • The MOST IMPORTANT Habit Of Your Life
    • Our Best Relationship Advice (No One Tells You This)
    • OUR WEDDING VIDEO! | STEFAN & TATIANA JAMES
How To Build A Business On Amazon

ABOUT STEFAN JAMES

Stefan James

I'm an internet entrepreneur, life and business coach, and philanthropist with a passion for living life to the fullest and fulfilling my potential as a human being.

My mission is to be a powerful and passionate example of the unlimited possibilities that are available for anyone that commits their life to mastery, while sharing my very best ideas and strategies that can make a difference in every area of your life.
Learn More

Project Life Mastery

Project Life Mastery delivers the self-development advice you need to improve and master every area of your life.

We provide world-class content, training, and coaching to maximize the potential in your personal and business life. Everything from physical fitness, to emotional mindset, to relationships, to your financial freedom blend together to turn you into an unstoppably extraordinary person with an unstoppably extraordinary life.

Whether you need online business advice, personal development coaching, or both, Project Life Mastery will guide you on your best path to mastery.

LET’S CONNECT:

Follow Project Life Mastery on FacebookFollow Stefan James on InstagramFollow Project Life Mastery on TwitterFollow Project Life Mastery on YoutubeFollow Stefan James on PinterestFollow Stefan James on LinkedinFollow Project Life Mastery on iTunesSubscribe to Project Life Mastery RSS

  • Privacy Policy
  • Terms of Use
  • Affiliate Disclosure
  • Earning Disclosure
  • DMCA Disclosure

2025 Project Life Mastery Pte Ltd.

Copyright © 2025 · Aspire Theme on Genesis Framework · WordPress · Log in

Notifications