At the age of 20, Kylie Jenner stands to be one of the worlds youngest Self Made Billionaires…here’s how she did it, and does this make her “Self Made?” Lets find out…enjoy! Add me on Instagram/Snapchat: GPStephan
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Kylie Jenner was first brought into the spotlight in 2007 when “Keeping up with the Kardashians” began airing. It’s no surprise, obviously, that Kylie came from an extremely affluent family. The popularity of their Reality TV show, combined with the emergence of social media, proved to be a winning combination…Kylie is now one of the most followed people on Instagram at 111 MILLION followers…but it’s how she was able to leverage that that really gets interesting, and that’s what I want to focus this video around.
In 2014, she took $250,000 of that and began producing her own lip kits. She leveraged her social media following for a few months, hyping up her lip kits…and when she launched, she sold out of her 15,000 kits. Within one minute. At that point, she expanded with Shopify. In early 2016, she rebranded as “Kylie Cosmetics”…and that’s where the fun began. She’d hype up her products on social media, and day of launch - she’d sell out…to the tune of 19 MILLION DOLLARS. In just 24 hours. And the best part….it was all digital.. A partnership with SeedBeauty outsources EVERYTHING.
But, here’s the billion-dollar-question…does this actually make her “Self Made?” Honestly, “self made” is just such a loose term…Each of us has a different definition of “Self Made,” and the reality is that we will each be born with some types of advantages in life. I think it’s important to realize that all of us right now are born with an advantage that many don’t have…if you have the luxury to sit here and spend your time on the internet watching a video on YouTube, chances you’re already in a pretty good position in life, all things considered. But what does this mean for Kylie? When she invested $250,000 into her lip care company, she could afford to take risk and chose more aggressive business moves, knowing that if it failed, it’s no big deal - unlike many people who would’ve played it more safe and taken less risk.
If I were to take a position here…and people might disagree with me here…is yes, I do believe she’s self made. While she certainly started out much further than most, turning what was probably $5 million dollars of her own wealth built through the TV show into a $900,000,000 fortune is nonetheless absolutely impressive, especially by the age of 20 years old. While her family did provide her with the start of that audience, it’s what she DID with it that’s impressive.
The bigger picture of this…is to realize that ALL OF US have some type of advantage that works in our favor that other people don’t have. Be grateful for what you have, and realize that just being alive and healthy is an advantage. It’s how you decide to USE that to your advantage that really matters the most…are you going to complain that someone out there has more than you and that’s not fair or that they didn’t deserve it? Or are you going to be thankful for what you have and go out there and become the next billionaire? Because the harsh truth is that nothing is fair…we’re dealt our hand in life, and we can either bluff our way and win the hand of poker or we can fold because we think we have something bad. The choice is yours.
For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
Favorite Credit Cards:
Chase Sapphire Reserve - https://goo.gl/sT68EC
American Express Platinum - https://goo.gl/C9n4e3
Join the private Real Estate Facebook Group:
https://www.facebook.com/groups/therealestatemillionairemastermind/
The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $120 million in sales: https://goo.gl/UFpi4c
Kylie Jenner was first brought into the spotlight in 2007 when “Keeping up with the Kardashians” began airing. It’s no surprise, obviously, that Kylie came from an extremely affluent family. The popularity of their Reality TV show, combined with the emergence of social media, proved to be a winning combination…Kylie is now one of the most followed people on Instagram at 111 MILLION followers…but it’s how she was able to leverage that that really gets interesting, and that’s what I want to focus this video around.
In 2014, she took $250,000 of that and began producing her own lip kits. She leveraged her social media following for a few months, hyping up her lip kits…and when she launched, she sold out of her 15,000 kits. Within one minute. At that point, she expanded with Shopify. In early 2016, she rebranded as “Kylie Cosmetics”…and that’s where the fun began. She’d hype up her products on social media, and day of launch - she’d sell out…to the tune of 19 MILLION DOLLARS. In just 24 hours. And the best part….it was all digital.. A partnership with SeedBeauty outsources EVERYTHING.
But, here’s the billion-dollar-question…does this actually make her “Self Made?” Honestly, “self made” is just such a loose term…Each of us has a different definition of “Self Made,” and the reality is that we will each be born with some types of advantages in life. I think it’s important to realize that all of us right now are born with an advantage that many don’t have…if you have the luxury to sit here and spend your time on the internet watching a video on YouTube, chances you’re already in a pretty good position in life, all things considered. But what does this mean for Kylie? When she invested $250,000 into her lip care company, she could afford to take risk and chose more aggressive business moves, knowing that if it failed, it’s no big deal - unlike many people who would’ve played it more safe and taken less risk.
If I were to take a position here…and people might disagree with me here…is yes, I do believe she’s self made. While she certainly started out much further than most, turning what was probably $5 million dollars of her own wealth built through the TV show into a $900,000,000 fortune is nonetheless absolutely impressive, especially by the age of 20 years old. While her family did provide her with the start of that audience, it’s what she DID with it that’s impressive.
The bigger picture of this…is to realize that ALL OF US have some type of advantage that works in our favor that other people don’t have. Be grateful for what you have, and realize that just being alive and healthy is an advantage. It’s how you decide to USE that to your advantage that really matters the most…are you going to complain that someone out there has more than you and that’s not fair or that they didn’t deserve it? Or are you going to be thankful for what you have and go out there and become the next billionaire? Because the harsh truth is that nothing is fair…we’re dealt our hand in life, and we can either bluff our way and win the hand of poker or we can fold because we think we have something bad. The choice is yours.
For business inquiries or one-on-one real estate investing/real estate agent consulting or coaching, you can reach me at GrahamStephanBusiness @gmail.com
Suggested reading:
The Millionaire Real Estate Agent: http://goo.gl/TPTSVC
Your money or your life: https://goo.gl/fmlaJR
The Millionaire Real Estate Investor: https://goo.gl/sV9xtl
How to Win Friends and Influence People: https://goo.gl/1f3Meq
Think and grow rich: https://goo.gl/SSKlyu
Awaken the giant within: https://goo.gl/niIAEI
The Book on Rental Property Investing: https://goo.gl/qtJqFq
Favorite Credit Cards:
Chase Sapphire Reserve - https://goo.gl/sT68EC
American Express Platinum - https://goo.gl/C9n4e3
i personally and enjoyed this video
Ok TNX GOOD
Great video!!! I love your take on it, and I'd definitely love to see more videos like this.
Damn that's motivational bro 😊
Very good video, man.
This is the video, that made me to put first my comment on our videos. I have watched about hundreds of videos.
Shes self made when her family is rich and helped her with the Kardashian name and money.
Self made???
Sure…..
I love that he says its about risks because when you have no family and children you gotta tread carefully
what's the background beat
100% agree! Great video, love the final advice ‘’know how to play your cards, and that’s up to you’’. Being self made is a matter of perspective, advantages (or lack thereof) and how you work and evolve as a person.
Your words that people can't afford to lose resinates with me as a person who grew up in poverty and the experience i have because of it. Not Robert kyosakis depiction of poverty but actual poverty. The problem I have with the idea of rich dad poor dad is the idea that we often discriminate against people in poverty assuming they can just work to get out of it or think smarter. However people don't consider that often times you have to put yourself in a position you may lose to get out of the economic level you are in and the loses are much greater when you are in true poverty- housing and food. Because people in poverty often have to decide should i spend my food money for clothes for an interview. These are decisions people in other classes don't have to make.
thank you for showing this perspective, one well-reasoned and compelling.
I don’t think a lot of people realize you can buy fame. Celebrities hire people to come up with marketing strategies. Yeah she didn’t end up being a druggy or something like that but that’s irrelevant. Just because others don’t use their incredible luck to their advantage doesn’t mean Kylie is suddenly self-made. I’m sure if anyone that can make thousands and millions taking selfies could make it. Just hire people to use the family name and pay for ads etc.. and bam! Reality tv like big brother for example has proven that anyone can become somewhat famous easy and fast if they are on tv.
so basically she isnt because she didnt have any risk and had nothing to lose… "self made""
I GENUINELY wanted to like and comment this video , even without any reminder ..it was THAAT good
Personally I believe she’s not self made because nobody would have followed her on Instagram and made her a big deal if it wasn’t for KUWTK or the fact that her parents paid for her plastic surgery which is why people care about her cuz she’s pretty Or the fact that she was born already rich and famous because of her family People who r self made might not be from a third-world country but their parents weren’t already wealthy or popular Or they invented something amazing not selling crappy lip kits. I’ve bought them they suck so I know people only bought them because she’s a huge celebrity already
You would be a good parent
But Graham, what confuses me is that, they should all have been billionaires then, I mean, why just Kylie…they can all make that kinda money then..
She is not self made, everyone gets help, and her name helps a lot
I'd say her massive built-in audience due to her name/TV show/siblings' notoriety had far more to do with her success than her business acumen. Granted, I've never worked with/for her so I don't know, but without those advantages, she might not have done anything with her cosmetics brand. How many cosmetic brands exist? Ever been in an Ulta? There's too many to count. I'm still very skeptical of her true "self made" stature as a billionaire. Regardless of how much money she had or her family has, I'm still not sure her cosmetics "empire" is all down to her.
This didn’t age well….
👍
This aged well…
Who's here after she lied and is no longer a billionaire?
She's not a self made billionaire, but a self-made piece of garbage..
She’s not self made use others idea not self made
If this is your first time watching this(like me) you’re too late.
This video has made me completely change my mind . 👏🏽👏🏽👏🏽
Loved this video needed that sometimes we forget to be grateful for what we do have
Completely rich kid getting richer.
I’m super late to this topic, but I absolutely love Kylie and her business. She took advantage of what she had and can afford. To many, she may be privileged. But what she’s able to do with her fame, her following, her marketing tactics…it works.
They are very underrated. Both Kylie and Kim are way smarter than people think.. And they are self made.. Trust me I will be a multi billionaire soon too.
This isn’t a fair comparison by any means. Saying she turned $5m to $900m at the age of 20 completely overlooks the massive amount of tools she began with. $5m + an elite marketing tool is what she started with.
And the trillionaires are Born into wealth.
Self madeadjective
made by oneself.
"his self-made fortune"
having become successful or rich by one's own efforts.
"a self-made millionaire"
By definition she is not, try growing up in the ghetto and making billions.
HEY EVERYONE! Be totally honest and let me know what you think of this topic/style of video and if you enjoy these general business topics that all relate back to making money…testing it out with this one and one more I'll post this week. The thing is, there's only so much I could say about real estate and credit cards without just being super repetitive, so to switch it up, these "off-topic" wealth videos would give me a LOT more to make content on. But let me know what you'd like to see more of, open to any constructive criticism!