[00:01] >> I own a lot of super cars. >> It costs $67 million. >> Oh, jeez. >> How big is your investment portfolio? >> [sighs] >> So, I trauma bonded with the cars. [00:14] >> How did you afford a super car like this as a student? Yeah. >> Yeah, I'm going to call you deal man. >> Hey everyone, we're here in Newport Beach, one of the wealthiest areas in [00:26] super car owners what their net worth is, what they do to afford a car like who want to become successful. Something I've always wondered whenever I saw cool actually do for a living. This is going to be an exciting video, so let's go. [00:41] to be an exciting video, so let's go. >> [music] >> Sure, yeah, yeah. >> Yeah? What's your name, age, and what do you do for work? >> My name is J, age 49, unfortunately, and [00:54] I'm a mechanical engineer, but I build some parts for a classic 911s, and I engineer for? >> Too long. 30 30 years or so. Yeah. >> Wow. >> What made you want to start your [01:09] company? >> my 911 about first 911 about 15 years ago. I was basically trying to find good headlights for it. I couldn't find them. I started building for myself and build a few for friends, put a few on eBay and [01:22] Craigslist, and kind of grew from there. It just became a brand on its own, yeah. cost? >> Oh, jeez. So, I don't want to tell how keep track of it. I kept building it over time. I've had this for about 6 7 [01:37] >> How much would you say you put into this car in total? >> 80, 90, yeah. >> How much would you say you spend to maintain this car every year? >> It depends how lucky I am that year. [01:50] Anywhere from 1,000 bucks to 5,000. >> How did you get into cars and what made you get like a car like this? >> My gateway drug was a 1973 BMW 2002. 16-17 years ago, I found found one that I got for 6,000 bucks. [02:06] >> Yeah. Again, I started building them uh just to learn how it's done, right? Of course, in time, the more I looked at those, the more I started seeing 911s. basically kind of grew from there. [02:21] one? >> I have a few, yeah. So, I have four 911s, couple of uh historic BMWs, yeah. I have a BMW race car, a historic race car that I race in [02:33] >> What's the best investment you've ever made? >> Best investment is probably my company 9 House. I basically didn't invest >> [laughter] >> Yeah. It kind of just bootstrapped [02:46] ground up? >> So, I was fortunate. So, business like that, I built it as a hobby. I didn't rely on the income from it. That's why it was a very low pressure, low stress uh thing. So, I just built it for [03:00] >> Do you create content for yourself or how do you market for your business? >> I create content for myself and my customers are always super nice to me. >> Wow. >> Zero ad budget, zero marketing budget. [03:15] relying good customers, happy customers. >> So, it's all organic marketing. >> What do you think is like the best platform for organic marketing and what do you guys use? >> Use Instagram pretty much 90% of the [03:28] of YouTube content, but it's just because I find Instagram easy to post >> Do you have a piece of advice for getting referrals or getting customers from your other customers? >> What worked for me is do an honest and [03:43] decent job and things happen that way. Yeah, yeah. >> Just do good work, make good stuff that people need. It's super basic, but that's really what would work for me. >> What's the biggest piece of advice for [03:56] financially? >> Spend very, um, responsibly. I wouldn't say don't spend, but be very responsible about it it. >> What's a piece of advice that you would [04:09] >> Keep whatever you're doing. You're you're [laughter] doing You're Yeah. >> I love it. What's your name, age, and what do you do for work? >> Sam. I'm 31, and I own an A Paving roll [04:22] >> How did you get into that? >> Totally by accident. So, started out in Made a pivot to buying real estate. So, I started buying single family homes, complexes. I've owned everything from single family, multi-family, storage. [04:36] money once you made it. It's a really tough place to go make a lot of money, value in focus in terms of finding that one thing you do. And for us now, like we are total blinders on on paving. >> Can you explain what that is? Like just [04:48] know. If you think about it, like >> we literally pave, you know, we go fix highways, we pave parking lots for, you know, Fortune 100 companies. And for us, kind of taking the work on that no one wants to go do. We do all small job, [05:01] end, if you kind of look at it, there's a huge opportunity right now as the old. They've owned the company for 30, 40 years. Because they grew up wealthy, did. So, they don't want to go take over dad's business. So, in turn, it creates [05:15] owners who want a transition plan. Go find a win-win scenario, go take their larger platform itself, too. And in turn, in the future, right, if we ever capital event, the bigger companies trade for a far better multiple than [05:28] >> How much money do you make per year? >> We actually make very little personally. itself, too. There's four main partners. We all take pretty market rate salaries, company itself, too. So, what people don't realize is that if you want to [05:40] the cash in that company. For us, we have a lot of equity in the company salaries in terms of earnings themselves, too. Most of it stays in the >> Cumulatively, our business should do about 150 run rate this year if we make [05:54] money? >> Most money was made in tech, right? In terms of kind of kind of going up in tech sales. And then more so investing, kind of holding value. >> What do you invest in? [06:07] company. Though we have a lot there. I have a lot in private credit. I have a lot in real estate still in legacy holdings. My portfolio now is more so towards the company I own, right? And then two is towards things that pay me [06:20] >> How long has the company been running? >> parent company about eight years, and >> How do you market your business? >> For us at least kind of my division of >> What kind of content do you create on LinkedIn? [06:32] not do great overall. We've now done a little more YouTube, more so for like >> whole business is going out and raising capital. For us LinkedIn's great for for progression. We have not really cracked the code in terms of virality, [06:44] financial content that helps get someone from, you know, "Hey, we found you all to we want to opt in or opt out." cuz our minimum check size is over $100,000. It's much different than if you're selling, say, info products or offers, [06:57] trust. Ours is much bigger, so we use YouTube much more mid-funnel. >> What's your take on organic content versus paid content for growing a brand >> We do all of our stuff organic outside. We do paid ads for investor leads. Um [07:10] depends also kind of what kind of you can't beat having an organic brand. But for us, like we want the speed and there as well. We more so use paid for attention, and we use organic for [07:23] >> How much would you say your your paid budget is like per month? forward closer to 100. >> all just meta, or what else do you do? >> Yeah, so all meta. We do no paid on LinkedIn, and then we're doing a lot [07:36] you? >> I think the biggest thing is building a we don't ever push people to go write us a check. We're much more so focused on giving information. Our goal here is to help somebody have all the information [07:49] in or out. We want it to be their choice, their opting in. I mean, the >> What's your biggest piece of advice for someone trying to make it financially or >> not making a lot of money, don't invest. Put money back into figure out how to go [08:02] below 250 a year, depending kind of where you're at, go put all of your did a lot of things early on that was all really big distractions. So, you that's how you build your wealth. Then from there, start placing different [08:15] places as well to go preserve, grow it, etc. But having a big level of focus is wealthy. >> What are the best skills to learn to get >> Sales? >> Well, you know, what we're doing, [08:27] going to people, having conversations, but you can be uneducated and you can do degree, you don't need to go into debt, you can do it really young, and that If you ever want to go own your own company, sales is the lifeblood that [08:39] down, sales, and then figuring out what you want to go do in sales. Do you want want to go open your own business? But sales gives you the background and and age? >> I mean, there's so much stuff on [08:53] YouTube, but I would go say just get a sales job where you either are doing one Like door-to-door sales is great. You learn a lot of stuff, like the stuff build that, just, you know, the ability to go talk to someone. But I'd say [09:05] sales. Like learning how to go use things like LinkedIn, cold email, your teeth kicked in a handful of times. So, like that's how you go learn thick some really good that you work for. I got very lucky on my end. I worked for [09:19] was in corporate who was a true like live in the guy's office every day until he kicked me out. So, I got a full helped me massively in my career. Like I am really, you know, privileged and [09:31] grateful to have him as a mentor, and then I got to go follow him each time. from that mentor? >> Sales is much more EQ than it is being, right? I'd say if you understand people, I'd say the biggest thing that I got [09:45] team, and I learned this the hard way many times, is that if you want a team them to do, you have to make it feel like it's their decision and they came a team, you want them to go to a certain direction, help them come to the [09:58] solution versus you bringing it up. So, I think it's how to go get the team to been massively helpful. I learned the hard way many times of doing it the That does not work. >> Any piece of advice for aspiring [10:10] >> I'd say the biggest thing first is like going out and taking action really quickly. People, I think at times have this philosophy they want things to be really perfect and I think right now done not perfect is much better of go do [10:22] most likely you'll fail a ton of times before you go figure out what it is that get, it's great. I'd say if you understand your trade-offs and what opportunity you're working on is really big. But first, if you can go solve for [10:35] a much better position overall. Like say for example, your life costs you $10,000 to go figure it out what is you want to financial stress, right, you can't go think clearly, you'll make certain [10:48] make. So, if you can go stabilize yourself first and then find something go make a real money long term. >> What's your monthly rent or mortgage? >> In Miami, yeah. >> And do you live in a home or in an [11:01] >> Biggest expense by far? >> I also work from home full time. We host dinners there. That is my place that I'm at for 22 plus hours a day. So, for me for me in terms of just quality of life. Like I'm not a big I don't really run [11:13] car guy. I'd rather go spend my money on on a place to go live because that has a lot more utility for me overall. >> How much would you say you spend a month total? >> Probably between 25 and 30 a month all [11:25] piece of that by far, yeah. >> Any final advice for the audience? well about people and partners, too, is that there's different lens of views is that kind of back to an earlier point of if you look at something in a 6-month [11:38] can I go make in 6 months or what would happen in 6 months, you'll think something in say 30 or 40 years. Like in our business, we are built on trust and reputation. So, for us, if I do the right things today, you make certain [11:52] you, in 20, 30 years will be a massive boom for you overall. So, if you can you'll likely build better relationships, build better companies, sustainable. Right, I think especially in a place like Miami, for example, like [12:05] this is a place where do you work? Miami is a place where do you make a month? long-term in how you operate with people, relationships, business, work long-term period of time. >> By the way, before we jump back into the [12:18] talk about today's sponsor, Charlie Chain. If you're watching this and you're a business owner who knows you should be on YouTube, but you just never >> As you can see, the business owners that we were talking to today put a lot of [12:30] effort into content and marketing. And the smartest ones are on platforms just like YouTube. So, after Charlie started and scaled over 50 plus YouTube channels, it made a lot of sense to build an offer that helps businesses do [12:42] to do is show up and film, and they handle the strategy, the editing, the down in the description to apply and book a free strategy call. They're going to help you map out the systems and content your business needs to be [12:55] do for work? >> Max. I own a car dealership and I'm 27. dealership at 27? >> So, I like fell in love with cars from the video games and movies in high school and started buying and selling a [13:10] little bit in high school, took a break going off to college, and then fell in selling more. That evolved into a dealership and I totally bootstrapped it >> Wow. Do you think you need to go to college to be successful? [13:25] >> Oh, you dropped out? Okay. >> Did drop out. and how much does it cost? >> This one is a good flip. I got it a >> Wow. >> Uh 2012. It's my fourth, so that's cool. [13:38] I bought it for 52 5. The Carfax value on it 74. I should sell it for like 70. With the industry that I'm in, I always look for a good deal, so that's the one that I throw miles on. Not too worried about depreciation. But, that's what I [13:51] >> have any other cars and how much would you say altogether that you own in cars? >> Outside of the dealership and the GT-R, Acura NSX, it's a 2002 and a Lamborghini Gallardo, uh 04. Those are fun. About 300k, I would say. [14:03] >> Uh I just had my anniversary, so about a year ago. >> How much was the Lamborghini by itself? >> Just 60. I got a crazy deal on it. 60 grand for a uh cheap Gallardo. I self-serviced it. [14:15] And I think it's worth 80, 85. >> How much would you say you spend a year car? >> Not too much. Knock on wood. Nothing major catastrophic has broken yet and I self-serviced it. And so my like [14:28] maintenance cost is really low. My insurance is like 100 a month. And then miles on it. >> How much is gas for a Lamborghini every single month? >> Depends on how far I drive. At least 100 [14:40] a tank, so 500 to 1,000. >> How do you find a good deal on a >> There's all these different platforms, Cars and Bids, Facebook Marketplace, not affiliated. Um but Cars and Bids, Facebook Marketplace, Craigslist, [14:53] friends, community, for sale signs on the side of the road, that's more bit of negotiating skill, you can make Lamborghini? >> Absolutely. There are social plays with [15:06] it for sure. Same person in the supercar and outside of the supercar, but it gets with a certain crowd and definitely putting smiles on faces when you're driving on the road is awesome. >> Did you do any modifications to any of [15:19] >> Yeah, definitely. The Gallardo is maybe 5 grand, the NSX is zero, and the GT-R was budget. It came with the exhaust and the tuner, and so I just got the thousand, put them on myself. >> do you make per year? [15:32] business owner. This year's a little bit worse, candidly, but I would say three >> your best year in business? >> My net was 550, and the business made >> What's your net worth? >> Uh 1.5. [15:46] cars? >> Yeah, definitely. A lot of my capital's business is still self-funded. So, there's cars outside of the business, cars in the business, and then a decent uh stock portfolio. 750 right now. [16:00] >> Index funds, primarily. This is the craziest YOLO story, uh but Lilly stock. It's a pharmaceutical. My mom's dog's name is Lilly. I saw it drop down, [16:12] bought in like 250, and I've seen it run up, so that's been fun. I think I'm up >> [laughter] >> So, that was a good play, but not not >> What's your monthly rent or mortgage? >> So, my mortgage back home is only a [16:25] thousand a month, like a four-bed, two-bath house, uh because Indiana's so cheap. But, out here it's 5K. >> Do you rent or do you own? >> You have all the good deals. I'm going to call you deal man. You got all the [16:38] >> Payroll? >> Yeah. Payroll to keep the team happy and investing in the team and having the team produce for the business, and so I >> How big is payroll? >> Uh 80. [16:53] do you do for work? >> Alec. I'm 29, and I own a clothing >> And when did you start that? >> I started it back in 2020 with my twin >> This year we'll do about 130 million dollars, and next year we'll do about [17:07] >> What was your biggest year in business? >> It'll be this year in business, 120 million dollars. So, we've had substantial growth year-over-year since million this year. >> Do you own any supercars? [17:19] beautiful Aventador in green with a coffee interior Turbo S behind me. It's got a auto one exhaust and an imaging hearing too. It does about 800 wheel horsepower. I've got a UV purple GT3RS. I've got a GT2RS. I've got a Ferrari 458 [17:32] I've got a GT2RS. I've got a Ferrari 458 GT3 and I've got a TRX and a Raptor R >> This car right now is as it sits is 265,000. together in cars? >> About 1.4 maybe 1.5 million cars. [17:47] >> My first supercar is my favorite supercar. It's my UV purple 3RS. So, my brothers had probably 10 to 12 cars. I've kept that car and I've put I bought it with 10,000 miles on it about 3 years ago and it's got 26,000 miles on it [18:00] I've done multiple rallies with it. I've done probably 14 to 15 track days with car. It's my favorite car ever and it was my first car. That was like my making money, I was like, I'm going to buy this UV purple 3RS. I found the best [18:15] like, I'm keeping this car forever. And I told my girlfriend, I said, "The day the day that that car becomes a coffee table in our house." And I'm like, I'm >> What's the most you've ever spent on a single car? [18:27] >> We had a twin turbo Dodge Viper that was built by I think it was A&C or A&E and >> Wow. >> That was the most expensive one we've deal on it. 2RS's are going for like a million dollars for something that's a [18:40] low spec or high spec low mileage. That wasn't that bad, but the the Viper was >> What's your best piece of advice for anybody looking to grow a clothing advice. Find something that you're passionate about. You know, for us, we [18:52] because back in the day we saw a lot of white space with like Billabong, serving us as customers. I grew up surfing. I grew up being in the water like high value customer for them like several thousand dollars a year and it [19:05] just there was no innovation. There was no, you know, change in design or with Kove, but we're also passionate about that space. Everything I'm wearing my buddies that are here with right now, it's all Cove. And it's cuz it's really [19:17] aesthetic and our vibe. I'm my target demographic. And if you're going to go it's cars or whatever it is, you need to be passionate about whatever you're audience, you're going to sell to yourself a lot easier than anybody else. [19:29] >> Do you post content yourself or for the brand, and what has been the best >> We post content multiple places. I'd say the best platform for us right now is still Meta, so anything on Facebook, Instagram. TikTok's also up there. We're [19:41] doing app love and Snapchat and a bunch of other stuff. But I mean, anybody watching this that's like, figure out Meta ads first. If you can't afford to pay somebody enough to do it, you know, pay a media buyer, pay a [19:53] billions of dollars a year. You know, this year on ads alone. And I mean, we see a return on it. We're a profitable get in front of eyeballs. And that's how you get customers. So, I'd say figure [20:06] will kind of fall in line after that. >> What is your take on organic content >> there's a lot of space for both. I think organic's fantastic for brand building. We do a lot of organic content that just basically shows who we are as a brand, [20:19] slogan is dying empty. So, we go out, we do really cool with our, you know, marketing team. >> Would you say money makes your life better or worse? >> Man, that's a loaded question. I think [20:31] time. I think it's a tool to enjoy that time with your friends and family. I I think at some point enough is enough, and I've definitely found that in the are covered, you have a couple years saved up. You know, if you're grateful [20:45] paid off and cars paid off, that's fantastic. If you can take care of your friends and family and go have genuinely great experiences, whatever wealth those relationships, that's true wealth. >> Do you live here in Newport Beach? [20:57] per month? >> bought a house. It was about 3 and 1/2 it off yet, but my mortgage is about 20,000 a month including property taxes >> Would you say that it's worth paying that much to live in a better area? [21:10] afford it, it's probably one of the best investments you can make just by being >> you say is the best investment that you've ever made? investment I've ever made was in myself and just believing in myself. Again, it [21:23] back in 2020 with my twin brother. It's actually like December of 2019. We investors and we've built it into a, you know, we'll do $130 million this year in we've used credit cards, we've went almost bankrupt three times, but we [21:37] never stopped believing in having that freedom, and we never stopped believing each other's problems. I handle all the finance and the operations, he handles work as a team every day. We've had a lot of struggles in the company and like [21:49] couple times just trying to learn stuff. Not out of, you know, product market the business, right? Like cash flow issues, whatever. I always tell people income, you know, high income skill set. It's really easy to make money in the [22:01] money in alternatives. I can go buy it, but you need money to do it, right? Like money makes money. I can buy this Turbo S for 230 and sell it for 265 because I have cash to go pay 230 for [22:14] go do that and that's probably the second best investment. and it goes hand invest in yourself, learn a skill set that's great. Second one is go learn how money and then you can, you know, you can go buy S&P, you can go buy, you [22:27] and you give it 10 years, dude, you're going to make money. What's a piece of >> Go for it. >> I think and this is this is for all the like, "Ah, I don't know what to do with life." I went to college, I got a double [22:39] accounting. My brother did the same thing. I don't think you need it information. I mean, Charlie Chang does a great job. Shout out to him. I actually watched him well before I became friends with him. Like I was like [22:51] much valuable information and insight out there. You know, I do consulting valuable information just by going out and networking with people and I would only going to be young once. I was 20, freshly 22 years old when I started the [23:05] company. I'm 29 years old now, and I've had the best experience in my 20s I ever when I started. Nobody in my family's rich. I don't come from money. Nobody in my family started business, and I just figured it out. And, you know, it's like [23:17] and don't give up. That's for any 20-year-old, just don't give up. do for work? >> is Leo. I'm still a student in UC UCSD. stocks. >> Oh, stocks. [23:30] cost? >> It's a 2025 Mercedes-Benz uh GT 63. It's a high-end one. Most of the option I already put it on it. So, the MSRP is >> How did you afford a supercar like this as a student? [23:44] >> give me a sort of money, and I put it in the stocks. And doing like uh several months and year, and I still like uh keep a lot of money like >> How big is your investment portfolio? >> My parents at the first only give me [24:00] >> Yeah, so it's like double profit. >> Oh, so you have 200k now in there. for work? >> My family doing like the the the media company. It's not like that media. It's like advertising. The the outdoor [24:14] >> Already 30 years. >> Do you live here, or do you live in San >> in here. Yeah, I just moved back from San Diego to here because I think I UCSD, everybody says it's University of California like nobody socialize. [24:27] >> How did you learn how to invest? >> I'm an international student. So, many of my friends they all come from China and large different traditions between the United States and China. So, in China so most of the parents will give [24:39] their children maybe like maybe a a little sort of money and teach teach them like how to invest in not only in the stocks, maybe like buy like something to invest. Most of my friends like they invest stocks. So, when we [24:52] like doing the conversation and they will like talk much like many companies like the Tesla or like AMD or that sort of a company and we'll like decide that are they in? >> The most profit one. So, I put it in in [25:07] >> The most profit one. So, I put it in in the SOXL. It's like three times in the chips like AMD and that sort of company. It's three times, yeah. platform? >> I don't think it's a like American brand [25:19] app. Yeah, but it's I think it's a Hong Kong brand app. It's called La Tiger the company in New York, I think. >> What's the best stock to invest in right >> Yeah, they they used to have the phone. So, they're like a stock price is used [25:34] to be high, but when the iPhone comes out, it drops a lot. But now they come back because of AI. So, they will put their skills money some of the AI. So, I for work? [25:48] >> My name is Andrea Alcantara and I am the leading female car expert in the entire >> And I'm Dr. Rob. I am her manager. >> What car is this and how much does it >> This is the Ferrari Daytona 500 and it costs $67 [26:04] >> Hey, what made you get into cars? >> So, I was held at gunpoint in a Ferrari and so I trauma bonded with the cars. >> Yes, this is my doctor. >> How much money do you make and what's [26:17] you have for people to be able to afford a car like this? >> So, I make 1 million billion thousand dollars a year, which is a lot. And if you want to get rich like me, then I have I sell section 8 um [26:30] have I sell section 8 um section 9 housing courses and if and so you? >> I'm uh so, it's on Instagram >> What's the best piece of life advice that you would give to the audience? [26:43] to see in the world. >> that. What what does that mean if you >> inspiration for this was I was recently in Saint Saint Tropez and they have [clears throat] go off. >> Wow. [26:56] >> So, we love to dance hard. So, if you want to make money, buy her course, get night away. >> Let's [laughter] party. >> Perfect. So, that's a wrap. And what I realized after talking to all these [27:10] supercar owners is the car is not really the story. It's everything that happened hit that like button and subscribe for more videos just like this. And again, get on YouTube, we'll leave a link down below for long-form launch. I'll see you [27:22] below for long-form launch. I'll see you guys in the next video. Peace.