You are young, ambitious, confident and you want to be a millionaire? Great!

Or maybe you’re ready to take things up a notch and finally start that business you have been dreaming of, but are afraid of the financial risks and not sure you want to give up the perks of a salary and benefits.

The biggest question you may be asking yourself is: What are you willing to give up to create the life and business that you really want?

Here are some tried and true hacks from a millennial’s perspective that just may lead you to becoming a millionaire.

1. Keep it simple.

In the beginning, learn as much as you can from free resources on the Internet.

When I first started out, I spent months learning how to optimize LinkedIn. I realized it was an extremely valuable and underutilized social media site so I utilized my expertise from a year of studying the site’s power to provide value to others.

Network the old-fashioned way, face-to-face, as well as online. Create real relationships. Rather than trying to be better than your competition, be different.

2. Be frugal.

If you have a mission or vision for your business, keep your overhead as low as possible. For example, you no longer need to have a downtown office to verify your legitimacy.Thousands of entrepreneurs work from home, the library, the coffee shop. You don’t need a brick and mortar location, especially if you aren’t selling a physical product.

I personally didn’t even buy a car until I moved from New York City to L.A., and when I did I took my “Rich Dad” advice and purchased a used 1991 Cadillac outright from a mentor. Put your vision first and after you have become successful, then you can splurge.

3. Invest in yourself.

If you are going to invest in anything at the beginning stages of your business, be sure you are investing in yourself.

Hire a coach, enroll in online business classes with people you admire, get into a mastermind. Figure out ways to get the skills and knowledge you need to get where you are going.