HOW ONE AUDI TT BOUGHT ME 12 CARS, 4 HOUSES & MY DREAM JOB
Summary
TLDRThis inspiring story follows Matt, a BMX rider turned YouTuber, who transitioned from working multiple jobs to building his dream life. Starting with a passion for cars, he documented his rebuilds on YouTube, eventually buying, renovating, and renting properties to fund his passion. His channel gained traction, allowing him to leave his jobs, grow his brand, and fulfill his dreams, from buying a Lamborghini to owning his dream home. Matt's journey showcases how dedication, risk-taking, and self-teaching can lead to incredible success, while reminding viewers to chase their own dreams.
Takeaways
- 🚗 The speaker's journey to buying their dream house started with their passion for cars, particularly an Audi TT.
- 🏡 Everyone has different dreams, and the speaker's dream shifted over time from BMX riding to creating YouTube content.
- 🚴♂️ The speaker initially wanted to be a professional BMX rider and managed to travel and gain sponsorships through it.
- 🎥 Learning video editing for BMX competitions proved valuable later when they transitioned into YouTube content creation.
- 💼 The speaker worked multiple jobs, including at a restaurant and a car dealership, while saving to buy their first house.
- 🏠 Their first real estate investment involved renovating, refinancing, and renting out the property for profit.
- 📹 YouTube became a pivotal part of their life after rebuilding cars like the Audi TT and Bentley Continental GT, which grew their channel.
- 💡 Taking risks, such as quitting their full-time job to focus on YouTube, paid off as their channel grew and brought new opportunities.
- 🚘 The speaker's channel success allowed them to restore luxury cars, meet influencers, and even raffle off restored vehicles to fans.
- 🎉 The speaker emphasizes the importance of following your passion, taking risks, and enjoying the journey toward your goals.
Q & A
What was Matt Armstrong's original dream before becoming a YouTuber?
-Matt Armstrong's original dream was to become a professional BMX rider, which he achieved by securing sponsors and traveling the world to compete.
How did Matt's skill in video editing develop?
-Matt developed his video editing skills by creating videos of himself riding BMX, which he needed to submit for competitions. This skill later became valuable for his YouTube career.
How did Matt Armstrong manage to buy his first house?
-Matt bought his first house at the age of 21 for £100,000 in Leicester. He used £10,000 for a deposit and spent £5,000 on renovations, which he did mostly by himself.
What financial strategy did Matt use to profit from his first house?
-Matt used a buy-to-let mortgage to remortgage his house. After increasing the house's value through renovations, he borrowed more against the property while maintaining 25% equity, allowing him to profit by renting the house out.
How did Matt Armstrong’s YouTube career begin?
-Matt's YouTube career began when he decided to document the rebuild of his girlfriend Hannah's crashed Audi TT. The rebuild attracted a following and sparked his passion for making videos.
How did Matt balance multiple jobs while pursuing his passions?
-Matt worked at an Indian restaurant and at a car dealership, often working 13-hour days while simultaneously making YouTube videos and working on cars in his spare time.
What prompted Matt to quit his full-time job to focus on YouTube?
-During the COVID-19 lockdown, Matt was furloughed and used the time to focus on rebuilding a Bentley Continental GT, which significantly grew his YouTube channel. After realizing the potential of his channel, he decided to quit his full-time job.
How did Matt Armstrong's YouTube channel continue to grow?
-Matt's channel grew through larger car rebuild projects, sponsorships from brands like Squarespace and Skillshare, and the engagement of his audience, who enjoyed following his car builds.
What was the significance of Matt buying his first Lamborghini?
-Buying his first Lamborghini was a significant milestone for Matt as it symbolized achieving a dream that once seemed far-fetched. It represented how far he had come in building his career and YouTube success.
What is Matt's advice for people pursuing their dreams?
-Matt advises people to not be afraid of taking risks, to get out of their comfort zones, and to do what they enjoy. He emphasizes that success comes from giving 100% effort and enjoying the journey, rather than solely focusing on financial gain.
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