23-year-old entrepreneur Edwin Tsang Guides Gen Z’s to financial independence with new digital strategies
When navigating the world of money-making in today’s day and age, the different opportunities and resources has expanded the ways in which we approach it. Looking at the effects of the COVID-19 pandemic, there has only been advancements in technological communication and information sharing. Therefore, remote work became all the more feasible and idealized when considering the most effective and efficient forms of income generation. Someone who is making the most out of today’s business and economic environment is Edwin Tsang, a 23 year-old, up-and-coming entrepreneur who has used his work in business, cryptocurrency, and music to build his self-made, multi-million dollar portfolio.
With the media and Internet giving Generation Z and Millennials constant exposure to the possibilities that lie beyond normal expectations, there is more motivation to escape those boundaries society makes. In fact, a CNBC reported that “The traditional 9-to-5 office job doesn’t adequately support the lives millennials and Gen Zs want to live” because they are “flexible-work natives, raised during and after the dotcom bubble, where the acceleration of technology has sped up exponentially over time.”
Henceforth, Tsang found this motivation at a young age, as he was 14 years old when he first involved himself in the realm of online business via selling video games in order purchase things his family couldn’t afford. Since that early start, he has taken professional and personal choices that were driven by his belief in himself rather than the system that is normally followed. For instance, his gap year following high school gave him the opportunity to explore tech conferences that would bring in useful knowledge and connections. He also found himself in college for three years until he decided to drop out because he felt he already took advantage of what he could through the classes he took and the people he met. Ultimately, Tsang was confident enough to move on to the next step in his life.
As he made this transition, he went in ready to spend “every day working to make sure that I was going to make it to the top due to my drive for success,” as he explains in his own words. He had a goal of becoming his own boss and defining his own hours, which is “an attractive road for those who are willing to take the plunge and risk.” In doing so, taking that risk was not a complete breeze, as it took about two years of struggles to make ends meet before he was able reap the benefits of his hard work.
Through his journey to where he is today, especially while he establishes himself in the music industry, he has learned to favor his networking and communication resources while he grows professionally. In turn, he advises those that also aspire to have the same independence he has established, to use the internet to best of your advantage.
When doing so, you can, as he explicitly states, “Enjoy the challenges, look for opportunities and don’t be afraid to wear multiple hats and juggle multiple things.” With this mentality, he has been able to travel the world, learn from mentors, and explore the ways in which he can maximize the online sphere, in which he is excited to continue doing so.