From Welfare to a BILLION Dollar Empire - How I Afford My $30 Million Car Collection!

Summary

This video script follows a successful entrepreneur's journey, highlighting key milestones like the purchase of a Lamborghini Aventador that led to his channel's creation. He discusses overcoming business challenges, including a surge in orders during the 2020 stimulus and the personal sacrifices made for family. His investment strategies span real estate, including multifamily properties and business ventures like microgreens. Ultimately, he credits his success to hard work, a growth mindset, and the unwavering support of his family, culminating in a message about the importance of prioritizing loved ones and giving back.

Takeaways

• 😀 The speaker splurged on a Lamborghini Aventador in 2018 after 15 years in business, which sparked the creation of his 'Hamilton Collection'.
• 😀 The best investment the speaker has made is his family, emphasizing that they are his greatest source of support during tough business times.
• 😀 The speaker made his first million dollars at age 30 after working 10 years in business, proving that patience and persistence are key to success.
• 😀 One of the biggest obstacles faced was the influx of orders during the 2020 stimulus period, which put immense pressure on the company's operations.
• 😀 The speaker learned valuable lessons by working on the ground level during challenges, helping with warehouse operations and leading by example.
• 😀 Work-life balance is a priority for the speaker, but he worked long hours when his kids were younger, ensuring he prioritized family time when possible.
• 😀 The speaker rejects the concept of luck, believing that success comes from the right mindset, work ethic, and taking advantage of opportunities.
• 😀 Real estate investments were an early passion for the speaker, starting with his mom's childhood home and later branching into multifamily homes for rental income.
• 😀 The speaker invested in buildings for his company to operate out of, which proved to be a wise long-term investment.
• 😀 The speaker's investment in Urban Micro Gardens, a company specializing in nutrient-rich microgreens, is one of his latest ventures with a strong future potential.
• 😀 The speaker values sustainability and health, investing in microgreens for their high nutrient content, which is freeze-dried to preserve 98% of their nutritional value.

Q & A

What inspired the speaker to start his YouTube channel and share his supercar experiences?

The speaker was inspired to start his YouTube channel after purchasing a Lamborghini Aventador in 2018. This was after 15 years of business experience, and he noticed how people engaged with his car collection, sparking the idea to share his experiences with others.

What does the speaker consider to be his best investment?

The speaker considers his family to be his best investment. He emphasizes that his wife and children have been his support system during difficult times, and their importance outweighs any material success.

How old was the speaker when he made his first million dollars?

The speaker made his first million dollars around the age of 30, after approximately 10 years in business.

What challenges did the speaker face in his business during 2020?

During 2020, the speaker's business experienced a significant increase in orders due to the stimulus money, which overwhelmed their operations. With the same workforce, they struggled to keep up, but the speaker was hands-on and worked in the warehouse to help meet the demand.

How did the speaker balance work and family life during the early years of his business?

The speaker balanced work and family by dedicating time to his children during their waking hours, avoiding work during that time. He would wake up early, work during the day, spend time with his kids, and then work again in the evening once the kids were in bed.

What role did luck play in the speaker's success?

The speaker dislikes the word 'luck' and attributes his success to mindset, hard work, and persistence. He believes that many people had the same opportunities, but it was his determination to work long hours that set him apart.

What was the speaker's first real estate investment?

The speaker's first real estate investment was purchasing his mother's childhood home when it came up for sale. This sparked his interest in real estate and led to buying more properties, starting with single-family homes.

What strategy did the speaker adopt for real estate investments over time?

The speaker eventually shifted from single-family homes to multifamily properties, such as apartment buildings with multiple tenants. This allowed him to manage risks better, as vacancy by one tenant wouldn't drastically affect the income from the property.

What other business ventures did the speaker explore apart from his main company?

Apart from his main company, the speaker explored investments in seven different PES Plus stores, an Arby’s franchise (which later failed), and a solar company called Swift Solar. He also invested in Urban Micro Gardens, a microgreens business.

What makes Urban Micro Gardens a unique business venture?

Urban Micro Gardens is unique because it produces highly nutritious microgreens and freeze-dries them within minutes to preserve up to 98% of their nutritional value. This provides consumers with a healthier supplement option that retains far more nutrients than standard store-bought produce.