Becoming a millionaire at 25 didn't make me happy. Now, I invest in the health and happiness of my employees and myself.
Brandon Card says becoming a millionaire in his 20s taught him that purpose, relationships, and health mattered more than wealth.
Courtesy of Brandon CardBrandon Card worked at Big Tech companies and used his salary to invest in high-risk startups.Through those investments, he became a millionaire at 25.Now 38, he uses his net worth to prioritize mental and physical health.
This as-told-to essay is based on a conversation with Brandon Card, founder and CEO of Terzo. It has been edited for length and clarity.In my 20s, I looked like a corporate guy through and through.
I worked for Big Tech — Microsoft, Oracle, and IBM — and was on track to become a young executive. I could have had a great life in those positions, but I wanted something more.Although I was working in corporate roles, I spent all my free time connecting with entrepreneurs.
I wanted to start my own venture. While I waited for the right opportunity, I spent my weekends learning about what other entrepreneurs were doing.I made lots of money in my day job: I could live well off $200,000 a year, and still have six figures to invest.
I started angel investing in risky, early-stage startups. It was essentially gambling. Many failed, but some succeeded.
Because of that, I was a millionaire by the time I was 25.I bought big-ticket items, but didn't get satisfactionThat achievement didn't feel like much, to be honest. I was surrounded by extreme wealth.
Some of my colleagues lived in $20 million houses. With $1 million, I couldn't even buy a small house, so it didn't feel significant.As my wealth grew, I made some indulgent purchases.
I bought cars, two homes, and a boat, but they didn't bring me happiness. I realized I got much more satisfaction from investing in entrepreneurs than I did from material items. I had the ability to impact other people's lives by investing in their ideas, and that felt better than anything else I could spend on.
Today, I don't own a car, and I only recently bought a house again. I spend on self-improvement, but not on flashy items.The pandemic made me realize money can't buy safetyBy 2020, I was ready to inve
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