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Meet The Homeless Man Who Bought A Bugatti | TheStradman

Jun 08, 2021
I remember on the way home we got the drive-thru back and my phone started ringing like crazy and the video started going viral. I think I made like 20,000 or something, so it's exactly half a year's down payment and that's when the deal was sealed. I knew YouTube was my future. I knew I had to do it the smart and right way because from what happened in the past I thought I couldn't screw this up again. If I do this, a lot more depends on it because I have a payment on a Lamborghini. I have to make this work, so I knew I had to keep working for Nick for a while and around February of next year, you know.
meet the homeless man who bought a bugatti thestradman
I work in the accounting department. I can say that maybe the company is not doing as well as we had hoped and people started quitting and they weren't replaced and I was taking on more responsibilities on April 1, 2016, I think it would have been uh nick. I walked into my office I closed the door and I think my first words were like wait, today is the day because I knew it was going to happen, it was Friday, the first day of the month, as I remember the day before, me too April 1st is like Well, sure, it's April 1st, it's a great day to get up, it's a great day, it's a great day to make a joke, but you know how similar you are, you just know, you know the writing is on the wall and, sure enough, the company was going down and I was in the first round of layoffs, but on the first of April I thought, well, here we go, this is the moment and I started filming like crazy every day, it's every day , I'm constantly working on it. a one man operation to this day I edit all my own videos I film all my own videos I do all the endorsement deals I do everything I do everything on my own I basically spent all day in Ubers and Teslas but it was worth it.
meet the homeless man who bought a bugatti thestradman

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meet the homeless man who bought a bugatti thestradman...

You could say, ladies and gentlemen, opinions on views, the idea of ​​having employees similar to those that I have to pay and who, as you know, depend on me for their livelihood causes me stress and anxiety and that could be reflected in my videos because my videos are all about having fun you know being stress free so I need my life to be stress free if that makes sense here's how many cars right now so I have eight cars what's the total payout for the eight cars, so eight? The seven cars are paid for and the Bugatti is financed so I paid 880 for it.
meet the homeless man who bought a bugatti thestradman
I put 580 as a deposit to finance the remaining 300 and my payment is 4765 every month. How much money do you have in cars? I'm trying to do the math. Let's round the numbers to make it easier let's say 250 250 500 let's just say 900 that's 1.4 uh 85 1,485 the guardian is probably 100 the challenge 430 maybe another 100 let's say 1,685 the gladiator another 100 1,785 the raptor let's say another hundred, I'm a little Sure, I'd say $1.9 million worth of cars, but I look at each car as a different investment, a different business, so in my head I have a pretty good idea of ​​what the return on investment is on each one. car, the

bugatti

probably doesn't make business sense just with a simple return on investment, like that's the only metric you're using, it doesn't make sense eight hundred and eighty thousand dollars, the service was thirty four thousand dollars, but it just adds that memorable element of my channel, he says, oh, he's the kid who has a

bugatti

, you know, people remember it's a purple bugatti when that thing drives down the highway, people remember, they'll find my channel, they'll talk about my channel.
meet the homeless man who bought a bugatti thestradman
I'll come watch all the other videos so it adds that level of uniqueness and all of these are like owning a little bit of real estate except in car form you can get the best car content. I have once seen the above. I paid 60,000 for that car. It had an average of a million views and also with that car, the views per dollar were unbeatable, but there were no other investments in the stock market, no, so I was a second year student in college. and I decided that I was going to get into the stock market because I had a dream of buying supercars one day and that's what you do to make money, so in September 2008, early September 2008, I took all my savings from summer of an internship I was in the transportation department and I invested all of that in the stock market.
I didn't know what I was doing. I became a day trader overnight and had great success. I think the first day I made like $900, which was amazing, but then the stock market crashed in September of 2008 and I lost I think $900 the next day. It all happened very quickly and before I knew it, all my summer savings were gone. I think I invested in General Motors and they had gone bankrupt. I don't remember exactly but I lost everything and it was at that moment that I decided I wanted to invest in things I had more control over.
Do you know where it is? I am the one who makes the decisions. I'm going to buy a car that I have. I decided it's a good business and I turned it around and made a profit, so I haven't invested in the stock market since, can I convince you to start doing that? Maybe I need to do it. You're absolutely right, it's just not right, you're going to need to do it at some point absolutely absolutely. I agree with you. I think this makes the most sense right now from an ROI standpoint, but I think in the long run you can do this forever.
That's where I think other investments absolutely come into play. I agree 100% on how many sources of income you would say you have now. I mean, it's all focused on YouTube, yeah, so I could say one now if you break it down. It has AdSense. It has sponsored content. I have merchandise, but it's all focused on youtube, sure, all to use on youtube, yeah, can you talk about income? Do you feel comfortable talking about it? Just as a very rough number in 2020, I will earn around 2 million on youtube. Wow, that's all there is. from merge sales sponsored content um advertising revenue congratulations thank you thank you it has a w16 8 liter quad turbocharged 1001 horsepower yes, the fastest car in the world when it came out 254 miles per hour 1.7 million dollars new why is there a dent here was that?
Why is there a dent right there? There is no weapon. I was maneuvering this car last night and it was very close to the GTR. I thought I'd better not throw this car away. How can you make me like this? I thought we were friends. What is your total? overhead, so I have this car payment, so $4,765, right, that's my big expense. In fact, when I signed the one year lease here, I actually paid for everything, I just wrote him a check for the full amount because it's just easier, makes my life simpler, one less thing to worry about, so, and then it's like it's a sunk cost, like it's gone, yeah, and then the land, my payment is like two thousand dollars or so, but then you know, the insurance on all the cars is obviously significant fifteen hundred dollars. per month for all the cars, yeah, no, it's not that bad, no, it's not, there really aren't many modifications I do for cars, those will cost money, like the Liberty Walk kit on the roadster, you know?
That's 50 60 grand, you know, so I'm taking a lot of the money I'm making. I'm buying more cars. I'm buying nicer cars, but as far as outside of the business, nothing, I mean food. Since I'm cheap I live in a room for 800 dollars a month I don't spend anything on all the clothes you're seeing that I'm wearing I like to get them for free you can also speed it up if you really want oh yeah yeah that's all true this is the only time in my life that I'll probably get the chance to do this. I'm nervous like nothing is going to happen.
There is nothing here. Well wait. I'm very nervous, so now of course we have to ask how many credit cards. you have I hate to disappoint you graham I have one why because I don't like the concept of credit it bothers me oh I don't know I know it's just me I'm cut from that cloth you know like my My parents I was like 18 when they got their first credit card. I don't like financial things and I realized that yes, that's the right thing to do. Credit score is very important and it's weird, I understand all that stuff, but I'm such a mental person that mentally I have to feel the right way and so getting financed on a car, you know, I hate putting things on a card. credit and not just pay them in cash.
I imagine putting 1500 a month, yes, from your insurance. On a credit card that pays immediately from a checking account, you'll accumulate a lot of points to travel anywhere you want for free within a year of spending anywhere you want to go, first class can be free I just don't have a good answer for that, yeah if you guys want to give it a good try, I screwed up, they say, you gotta destroy the like button for the YouTube algorithm, yes sir, yes sir, let's do it down there guys, below. Smash the Like Button How many hours a day would you say you work when I'm filming?
I usually get up at 8:30 and the goal is to start filming at 9am. m. If I'm lucky, the video will end around seven. eight in the afternoon, the days without movies are a little more relaxed like yesterday. I was on Uber all day buying these Teslas for today. I went up to Salt Lake. I picked up the event tent yesterday, how to prepare this for today. Just I like it. doing everything myself, you know, I have relationships, you know, I picked up the event or I have a relationship with mixes and models, it's good for me to see the guys, uh, you know, push back the event door, maybe I'll do some Instagram stuff like well, on those days off, you know, film it.
I filmed tick tock yesterday, so youtube videos the other days, I'm doing other social media stuff, maybe I'll be uploading it to Facebook. Do you buy Starbucks? It's not good, I can't afford it, no. I don't drink coffee, I don't drink alcohol and I have never done drugs in my entire life and the main reason why I don't do drugs is obvious, obviously the main reason I don't drink is financial reasons when I was in college, my Friends went to clubs and bars, spending a fortune on alcohol. I love cars so much and if YouTube crashed and burned right now, I have enough money to retire so I can go live and tour the world and I would be fine with that, I would be very happy with that is what you would do , I would do that, yes, my goal is to have 100 acres with a race track and my house on.
It has a landing strip that can also function as a race track that also has a helipad, that's my goal, so I want to have a place where I can race cars, I want to get my pilot's license, fly airplanes, add aviation to the channel, just do it. adventures with transportation this is my only advice if I'm going to say something unsolicited in the video it's just this, if I was in your position I would take 360k of 30k a month put it in a s p 500 index fund and that's it , just pretend you're making 360,000 a year less than you actually make, put that in the stock market and forget about it, walk away, just pretend it doesn't even exist, it doesn't exist, it's not there, have it set up in the market.
On the first of the month every month 30 grand comes in 30 grand just treat it like it's just another bill, no matter what happens with YouTube you'll always have that to fall back on, I think you're absolutely right, right? Do it, yes, I will. I'm looking at each camera directly. Yes sir. That said, guys, thank you so much for watching and for anyone who wants to watch the entire 40-minute interview completely uncut. I'm going to link the full video below in the description of my second channel, the gram stefan show, so thank you very much for watching and also thank you to the strad man for making all this possible, by the way, make sure if you have.
I no longer did this to destroy the like button of the subscribe button and the notification bell. Also feel free to add me on Instagram. My posts are practically daily, so if you want to be part of this, feel free to add me there as well as in the second channel. the graham stefan show so you can watch this full interview without cuts and also if you want to get four free shares, use the link below in the description and weeble will give you four free shares when you deposit 100 on the platform. and those shares could be worth up to 1600 so basically at this point it's free money, if you want free money use the link below let me know what free shares you will get.
Thank you very much for watching and until next time.

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