Millennials and Gen Zs aren’t anxious for nothing. A depressingly low 8% of U.S. men born into the bottom quintile of income will ever reach the top quintile in their lifetimes. As the economic pie continues to grow, the share of it going to those in the bottom half of Americans by net worth is essentially zero, according to leading economist, Thomas Piketty.
Upward mobility is a long-held American birthright, transmitted practically through the mother’s milk and by latent reputation around the world, yet increasingly, it’s mainly a myth, even in a booming economy with record-low unemployment.
As such, it’s definitely surprising to see the rare examples of rags-to-riches stories of entrepreneurs that end up toward the top of the top 20% of net worth, especially those in their mid-20s. This is yet more unusual for those who are not tech wunderkinds.
It is with this in mind that I saw down with Gallant Dill, a unicorn entrepreneur who improbably managed to overcome troubles with the law at 14 and fatherhood at 17 to run a $100K/month+ series of businesses by 26. Gallant kindly shared his journey and insights with me.
Q: What was the biggest challenge you overcame in your personal life that impacted how you see the world and how you serve others?
A: From being homeless and hopeless to having everything I have ever wanted. I get to see everything from both sides of the fence now, and it has made me 100 times more appreciative. I know how it feels to be at the bottom. Now, I can help people overcome those obstacles through my own life lessons since I conquered myself. If I can make it, anyone truly can. Hope and opportunity are abundant.
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Yuri is a Fortune 500 Personal Development Consultant, board member, startup advisor and official member of the Forbes Coaches Council and Forbes contributor. Yuri’s consulting, advising and coaching portfolio includes speaking engagements, workshops and advisory work on personal + professional development, plus customer experience, PR/Media and business strategy, impacting thousands of Fortune 500 and startup executives. A regular guest on top podcasts such as Entrepreneur on Fire, As Told By Nomads and Conscious Millionaire.