Funny Ways Millionaires Finance Ferraris
Today I want to talk about how millionaires and other wealthy people can afford to buy really expensive cars like Ferraris, Lamborghinis and Bugatti Veyrons, and actually make this profitable. What they’re doing is not just being a consumer who drives around in this automobile, they’re actually use it to create a profit, like in a business.
How do they do this?
Well I’m sure you’ve seen the YouTube channels with guys who are showing off their wealth and showing off what kind of car they drive. They do this because they can afford to buy a vehicle like that. But they also do it because it really hits home as proof that they have wealth and they have authority in what they’re talking about. It proves that they know about making money online, working online, business creation, and so on. How do they make it profitable though?
Your Friends Advice
I’m sure if you went to your friends they would probably tell you that you shouldn’t buy a Lamborghini or Ferrari because you’re just throwing your money away. Maybe even their friends have told them something similar. On the other hand, a wealthy friend would point out that a high end sports car is an investment, and it will help them to make their money back ten times over again. Or a hundred times, or even a thousand times!
Here’s how they actually leverage that car to create more wealth. Imagine that you have an audience, and they perceive wealth as driving around in really fast cars and being on camera with really hot actresses and models. So if you had videos like that, how many views would it get? Hundreds of thousands, millions, hundreds of millions of views? You know, you can go check on YouTube.
Using a Sports Car to Turn a Profit
If you have a business and you have a sales funnel, then you can actually convert these views into clients and into leads. If you can do that then owning these sports cars suddenly becomes profitable for you. You’re converting that authority, that proof, that audience, and all those views into money. If you’re offering a service or product that is actually valuable and will produce results for people, then you have a business that will last a long time.
Now am I telling you that you should go out, buy expensive cars and hire models? No, I’m definitely not telling you that. That’s not for everyone. That’s only for you if you’re already wealthy and you want to project that wealth and leverage it into celebrity status. You can use that as social proof and teach people how to make money online. In this situation it would be appropriate to have the cars and the women.
For most people out there though it’s not really worth it. Should you want to have an expensive car? Well for most people, if you’re a consumer and you have a business and not a static income, then yes, go ahead and buy it. But this is only for people who have a business, where your salary depends not on the time that you put in but the amount of value you create.
Creating a Business
If you still have a static income, then you need to start a business. Most people don’t understand, they don’t know why they should start a business. Is it just to buy this Ferrari, or just to buy this Lamborghini? I would encourage you to focus not just on the super cars, but also working towards a place where you actually have freedom. Not the kind of the freedom you get from driving a car, but the kind of freedom where you literally can do whatever you want.
The kind of freedom where you can buy a car, travel, go anywhere you want, spend your time how you want and with who you want. That’s the kind of motivation that I recommend for you. That’s for the average viewer of my YouTube channel.
So that’s all I want to say about that, I hope it was helpful. If you enjoyed this article then please check out my YouTube channel to discover more material about entrepreneurship, marketing and sales.