From Broke To $300 Million - The Underground World of Exotic Cars, Watches, & LOTS of Money

The Iced Coffee Hour

Graham Stephan/Jack Selby

Entrepreneurship, Business

4.6 • 679 Ratings

🗓️ 25 May 2025

⏱️ 162 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Rocket Money: Try Rocket Money for free https://RocketMoney.com/iced CleanMyMac: Boost Speed, Cut Costs — Get Tidy Today! Try CleanMyMac free for 7 days and use our code COFFEE for 20% off https://clnmy.com/TheIcedCoffeeHour Range Rover Sport: Start designing your Range Rover Sport today at https://www.rangerover.com/us/sport Shopify: Sign up for a $1 per month trial period at https://shopify.com/ich Follow Louis Flory (Gentlemans Garage) : On Youtube - https://www.youtube.com/@UCJJY3f4fx9yPxoY3PkKjiBw On Instagram - https://www.instagram.com/thegentlemansgarage_/ Apply To The Index Mastermind: https://entertheindex.com Add us on Instagram: https://www.instagram.com/jlsselby https://www.instagram.com/gpstephan Apply for The Index Membership: https://entertheindex.com/ Official Clips Channel: https://www.youtube.com/channel/UCeBQ24VfikOriqSdKtomh0w For sponsorships or business inquiries reach out to: [email protected] For Podcast Inquiries, please DM @icedcoffeehour on Instagram! Timestamps: 00:00:00 - Intro 00:01:16 - How many cars do you own? 00:02:06 - Cost to maintain the collection 00:09:35 - Biggest loss on a car 00:14:30 - Business secrets 00:17:13 - Sponsor - Rocket Money 00:18:38 - Traits of successful entrepreneurs 00:21:01 - What does your company do? 00:31:58 - Business startup costs 00:37:17 - Past revenue breakdown 00:37:20 - Sponsor - CleanMyMac 00:38:48 - Scaling from $10M to $300M 00:41:20 - Thoughts on AI taking jobs 00:43:47 - Recession coming? 00:45:55 - Tariffs 00:52:23 - Where you're investing now 00:55:47 - Who shouldn't be an entrepreneur 00:57:02 - Gen Z vs. millennial work ethic 00:58:41 - Work-life balance 01:00:49 - Outsourcing your remote job 01:05:17 - Importance of work ethic 01:17:20 - Sponsor - Range Rover 01:18:25 - Sponsor - Shopify 01:19:44 - Why start a YouTube channel? 01:23:08 - Net worth and buying supercars 01:25:56 - Advice for buying a Lambo 01:28:14 - Best car to attract women 01:31:40 - Best budget-friendly car 01:37:55 - Used car market 01:38:34 - Ferrari allocations 01:49:37 - Climbing the Ferrari ladder 01:51:34 - What do your kids drive? 01:53:41 - How to raise grounded kids 01:59:46 - When did you feel rich? 02:06:02 - Do you want to be a billionaire? 02:07:07 - Biggest waste of money 02:09:52 - Watch allocations 02:21:02 - First watch to buy 02:26:37 - Best things to spend money on 02:34:49 - Workout routine *Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Ready to launch your business? Get started with the commerce platform made for entrepreneurs. Shopify is specially designed to help you start, run and grow your business with easy customizable themes that let you build your brand, marketing tools that get your products out there. Integrated shipping solutions that actually save you time. From startups to scaleups, online, in person, and on the go. Shopify is made for
0:22.8	entrepreneurs like you. Sign up for your $1 a month trial at Shopify.com slash setup.
0:30.0	Is this your Ferrari? Yeah, it is. What do you do for living out of Houston, Texas, to be able to afford a Ferrari?
0:33.7	I'm an entrepreneur. I wasn't always the smartest person in the room, but I was always the one person that refused to quit. My company will do 300 million this year in revenue.
0:42.0	The intestinal fortitude it takes to start something out of nothing.
0:48.6	Every single day, massive obstacles are going to come your way. Setbacks are going to come
0:53.4	your way. I I guarantee you I've
0:55.3	taken years off my life building this business. What are you seeing these days in terms of a potential
1:00.6	recession coming on? So in my business, we have a front row seat to when things are going well and when
1:05.9	things are about to turn really bad. What secrets do you know in terms of business?
1:13.0	There's one mistake that's guaranteed to put people out of business, and that's...
1:16.6	Lewis, thank you so much for coming on the Ice Coffee Hour.
1:24.9	I first found you on a channel, School of Hard Knocks.
1:29.3	Yes. Came up to you on the street in a TikTok video. Asked you what you did for a living.
1:34.8	You said in that video, your company was doing about $300 million. That's correct. And that video got 20 million views.
1:43.4	Mind blowing, right?
1:44.6	Last thing I ever expected to happen for sure.
1:46.6	So we're here in your garage.
1:48.2	How many cars do you own currently?
1:50.7	Currently, embarrassingly, we have 28 cars in the collection.
1:55.1	I think there's about currently another eight incoming.
2:04.7	Of those eight will only replace two two so we will net gain six over the next 12 to 15 months so that'll put us at what about 34 cars total but 28 in the garage
	...

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