Navigating the Overconfidence of Young Money Coaches on Social Media
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Chapter 1: The Rise of the Confident Young Coach
I’m taking a break from my usual topics to express some frustrations: I’m tired of encountering young men on social media who act as if they possess all the answers! The absurdity of it all is overwhelming. Enter Ludo.
You know those accounts that make a lot of noise but lack substance? They buzz around your feed like annoying insects at night. Ludo fits this description (this isn’t his real name, let's save him from embarrassment). He boasts about having earned $500 online. You might think that’s decent, but what really irks me is that he has been harping on about this same $500 for months. Fast forward to now, and he’s still bragging about that same small sum.
In his own words, he’s a 19-year-old university student and the owner of a coaching business. Initially, I thought he was based in Asia, but it turns out he hails from Western Europe. So here we have Ludo operating a business with a total revenue of $500 spread over several months, all the way in Western Europe? Intriguing...
This isn’t intended as a takedown; rather, I aim to illustrate that Ludo epitomizes what clutters my feed these days.
Section 1.1: The Money Twitter Phenomenon
At first glance, I mistook Ludo’s profile for a satirical take on Money Twitter, but with over 10,000 posts, a website, and a newsletter, it appears he’s quite serious. And he's not alone; many others share his approach.
When I first explored the world of cryptocurrency, my Twitter feed was inundated with ICO fraudsters, scammers, and those dealing in monkey NFTs. It’s a similar situation now that I’ve ventured into Money Twitter. I often wonder who comes off as more ridiculous.
I suspect that many young men who fell for the profile picture trend have transitioned to Money Twitter. Given the downturn in the NFT market, this shift seems logical. These individuals share several traits: they’re always online, obsessed with making quick cash, and they idolize figures like Elon Musk.
Section 1.2: A Generational Perspective
Am I simply an older individual lamenting from a place of regret?
Not quite—I’m technically a Millennial. If the statistics are accurate, we’re observing a challenge more prevalent among Gen Z. This prompts me to ponder what the upcoming Gen Alpha will be like. Consider their upbringing with artificial intelligence integrated into their everyday lives.
So, am I disgruntled?
In some ways, yes. During my teenage years, we didn’t have access to these online opportunities. Making quick money often meant engaging in risky behavior, and acquiring information required physical books.
Many Millennials and Gen Xers grapple with this dilemma, each handling it in their own way. If anything is more cringe-worthy than the overconfident teens on Money Twitter, it’s the middle-aged men trying too hard to fit in. Imagine a 50-year-old approaching a group of teenagers at a park, showing off his muscles, and boasting about his earnings (and trying to recruit them for his coaching business!). But online, that seems acceptable, doesn’t it?
I’m not against technology; in fact, I support these new digital opportunities. The real concern is that these rapid advancements are fostering unwarranted confidence among inexperienced individuals.
Chapter 2: Embracing Constructive Criticism
The issue at hand is that confidence devoid of real-world experience equates to mere arrogance. If your feed is inundated with overconfident youths, it’s essential to address this respectfully.
My approach would be to use a constructive criticism sandwich, such as:
- It’s commendable to see young individuals like you eager to become entrepreneurs and take charge of their futures. In today’s economic climate, that’s a smart move for someone your age.
- However, it’s vital to temper that confidence with humility. Remember, the entire world is observing you. Take a moment to reflect on your limited life experience and recognize that not every thought needs to be shared online.
- Keep up the hard work, though. You’re making strides in the right direction. Just ensure you pause for self-reflection occasionally to gain a broader perspective.
Reality Check
I recall how stubborn I was at that age. Teenagers have always had an inflated sense of knowledge. However, one notable change in recent years is the transition from physical to digital spaces. With youth spending most of their time online, we have more insight into their thoughts and perspectives.
For the Money Twitter crowd, the follow requests and DMs will keep coming. Maybe I should join in on the trend, reach out to Ludo, and see if he’s interested in some life coaching...
End of Rant.
The first video titled "Ludo's Somewhat Awkward Sing Along and VIP Meet & Greet" showcases an entertaining interaction where Ludo engages with his audience in a light-hearted manner.
In the second video titled "Coaching Children to Create Change | Zachary Fullingim | TEDxUniversityofTulsa," Zachary discusses the importance of coaching the younger generation to inspire positive change in society.