August 5th UPDATE
We rushed past the 30% mark within 3 weeks!! I am amazed by the support of the community and people who have been following 'Millionaire By 25'.
Each Monday, I'll be adding a limited quantity perk for you to check out. Stay tuned for further updates. You all rock!
Canadian son sets off on a two year challenge to earn one million dollars to retire his mom, interviewing outliers for guidance along the way.
Millionaire By 25 is a new, feature-length documentary that follows Corey Wadden (me), as I set off on a two year challenge to earn one million dollars to retire my mom, interviewing outliers for guidance along the way, and using apps and eBooks as my vehicle to get there.
The film will show the process of reaching out to experts for mentorship, and starting several businesses, including an app company and eBook company. The film spans the growth of several startups to 6 figure businesses, and the steps to take in order to go after any huge goal with a deadline attached.
MY GOAL WITH THIS DOCUMENTARY
Although I am one of the few who brings his story to the public, I am not alone. There are countless broken families who are struggling financially. People are losing their jobs, and some are losing hope. I want this film to:
1) Inspire young people to make a difference
2) Show you, through my story, that it’s possible to make a big change in your life and the lives of those you care about in a short amount of time
3) Motivate you to go after your own goals and ambitions
4) Believe bigger and stop settling for mediocrity.
I CAN’T DO THIS ALONE — I NEED YOUR HELP!
I’ve been working every day for the last 18 months, sacrificing the lifestyle that most people my age enjoy in hopes of giving my mom a better life. I’ve been self-documenting and self-funding the entire journey on my own, but I can’t do it anymore without some help. I even sold my car to afford film equipment.
Here’s the problem: I have six months left to complete my goal and every penny I earn from my business ventures has to be re-invested so they will grow. I’ve found a great production company who wants to be on board, but I can’t afford them.
Not only is money an issue, but time is as well. It takes me three times as long to do a task when self-filming as it does without.
HOW I'VE BEEN EARNING THE MONEY SO FAR
When I began, I had no idea how I was going to do it. My most entrepreneurial venture to date was doing door-to-door sales. In the first year, I worked on co-founding a website startup called Old Sentiments, and worked on co-founding a fashion startup called "Lala Kay". Neither made any money, and I was worried I was failing. At 6 months in, I started doing what I was good at, door-to-door sales. I started learning about apps for smartphones and that was when everything clicked.
In the second year (so far), I've co-founded two app companies, and an eBook company. For anyone who has started a business, you will recognize that you have to put in most, if not all, of your earnings in the early stages to grow. Because of this, I can't afford to self-fund the documentary any further.
HERE IS WHAT YOUR MONEY WILL GO TOWARDS:
Bottom line: it is too much for one person to handle!
CHECK OUT THE PERKS I'VE PUT TOGETHER FOR YOU
*Custom Millionaire By 25 T-Shirt
THE MILLIONAIRES AND OUTLIERS WHO HAVE HELPED ME ALONG THE WAY:
I am overwhelmed by the amount of help I have received so far on my journey. I’m truly endebted. I’ve been fortunate enough to get insight from tens of young (and older) entrepreneurs, authors, experts and artists - including:
- Pat Flynn (Top 1% Blogger, and best-selling author)
- Ryan Holiday (Director of Marketing at American Apparel, and Best-selling author)
- Noah Kagan (CEO of Appsumo)
- Tim Ferriss (Multiple #1 NY Times best-selling author, advisor and investor)
- Ben Stewart (10x World Kickboxing Champion, CEO of Canadian Property Stars)
- Chad Mureta (Top 1% App Developer, and best-selling author)
- David Porter (CEO of 8-tracks)
- Kevin Thomason (Serial Entrepreneur, CEO of PostRank)
- The Buried Life Guys (Haven't met them yet, but they were inspiring to me through their TV show)
- Andrew Teeple (Managing partner of real-estate development company, Madison Group)
- Spencer Costanzo (Top 1% App Developer)
- Ty Cohen (Top eBook publisher, Online Marketer and Success Coach)
- Taylor Jones (Founder of Dear Photograph)
- Yousef Khraibut (Co-founder of Brotips)
Note: These are only some of the people I was able to get insight from.
HOW TO SHARE WITH THE WORLD
As I mentioned in the campaign video, I am doing this on my own. I do not have the help of a hollywood studio, but that’s okay because your word-of-mouth is more powerful!
The best way you can help is to share this IndieGoGo page with your friends, family and coworkers!
Best ways to share this campaign and the video:
- On Facebook. This is my preferred tool for sharing. Simply click the ‘like’ button directly below the video, or copy and paste the shortened URL to your Facebook. You can do this by copying the shortened URL directly below the campaign video.
- On Twitter. Do you prefer Twitter? No problem. You can also share the campaign and video by clicking the twitter button located directly below the campaign video.
- A short e-mail. Do you know someone who would be inspired by my journey? Send them a quick e-mail with the link to the campaign - once again by copying the shortened URL located below the video and pasting it into your e-mail.
- In-person. Start a conversation with someone about my journey and it’s message. Together, let’s inspire people to make a positive change in their lives.
I WOULD LOVE TO HEAR FROM YOU
Contact me (Corey Wadden):
- @Millionaireby25 (on twitter)
More about my project:
- On Facebook - http://facebook.com/millionaireby25
- Official Website - http://millionaireby25.com
- Official Blog - http://millionaireby25blog.com
FREQUENTLY ASKED QUESTIONS
Will the money I pledge go to you and your mom or the documentary?
- 100% of the funds pledged will go to the documentary, not my mom or me. I could have posted this as a social cause campaign, but not everyone can replicate that. I wanted to show people that anyone could do the types of things I did and become successful.
What made you want to make your goal public and make a documentary?
- I originally decided to make my goal public because I thought it would help me get ahold of some millionaires for advice. I only knew one millionaire, who was my former boss. I didn’t realize how well it would be received, and as more people started following, I started filming vlogs and posting the interviews. I started getting so many e-mails that I figured turning the project into a documentary could positively affect more lives.
How have you been earning the money?
- In the first year, I was going door-to-door, mainly. In the second year, I’ve co-founded two app development companies and one eBook publishing company. Echo Bay Apps, Phoenix Apps, and Echo Bay Books.
On your website, it says you have earned nearly $80,000. Why can’t you use money from that to pay for the production of your documentary?
- Those are total earnings since the beginning. That is not money retained. I have invested in several startups, paid for travel to interview millionaires, lived and paid for camera equipment and crew to film. I need to use the remaining funds in my businesses to make them grow. I have to grow at a rate of 200% per month for the next 6 months to have a shot at hitting my goal. That is extremely difficult.
Do you really think making a documentary focusing on money is a positive message?
- I don’t think anyone’s life focus should be money. I think people should pursue their purpose and add value to the world, and the money will come. That being said, there are extra-ordinary circumstances where, for a short period of time, focusing on money is important. I’ve never been a materialistic person, and ironically, money was never a focal point for me. We didn’t have a lot of it and I accepted that. I want people to look at this documentary for two reasons: to be inspired to goal after a big goal (monetary or not), and to show the idealism that you have when you’re young can be used to your advantage. Young people have more power than they realize.
What did your mom do for a living and why did you feel the need to do this for her?
- My mom and dad moved from Cape Breton island in Nova Scotia, Canada when they were in their late teens. My family lineage is mainly coal miners, and when the coal mines closed, so did the work. Pregnant with my brother, they moved to the other side of Canada to give him, and themselves, a better life. They had very little education and when they separated a few years later, my mom raised me for most of my childhood. She took three jobs to try and provide for us, and it was a constant struggle. She would clean houses with a maid service, and wait tables. I realized I wanted to be an actor early on, but didn’t have the money to pursue it and I skipped college to try and get ahead with it. I felt guilty pursuing it without being able to help my mom financially so I started doing door-to-door sales. In 2011 she was at risk of losing her job and I had been in limbo for three years trying to help. I knew that I had to do something big, and so I decided I would give myself two years to earn enough money (one million dollars) to retire her.