@@falosny between these 2 UA-cam gives me a slight bit of hope lol. I need to get out to FL anything like this compound out here woulda been an easy 15mil
Bruh, after you explained all of this, I legit hope that you take all the time you can to de-stress and keep your head straight. Congrats on you winning so hard over time though, you've come super far since I've been watching :)
I was pumped for him cause I already knew how cheap he got this place for. After watching this video, while I’m even more pumped after learning appraisal value, my guy needs a vacation that I’m sure he will never take!!
I’m expecting more car guys to talk about their income next since we got Adam to share... Adam did it first when it comes to always being open to his channel, I’m just trying to say that I expect more people like Dustin, tj, etc. I think more people will try and follow on this wagon even tho he might not be the first but taking this video for example I expect more to follow
2mil for this????? I was thinking like over 15mil.... Houses...shops after shops...a big drift course, a big forest, a small lake, a mini forest and many many more cool stuff for only 2mil... Damn you are the best!
Idk what channels you watching, but if they don't thank you when they do something that seems extreme to some, u should probably stop watching those channels. I can name every channel that I watch that always thanks for the support
@@Coryyyyyyyy I mean he did graduate with a degree in Business management with a concentration on entrepreneurship from UCF so i always assumed he like many other personalities have a lot more brains than they necessarily show/let on in their day to day videos.
@@1337NooX Huh I didn't know that. Yeah it's easy to tell he's smart but just a goofball. Usually those are the best kinds of people, and Adam seems to be a great example of that!
The transparency in this video is awesome, there's absolutely no reason he needs to share these details, but it's interesting to understand what's going on behind the scenes, really appreciate it thanks Adam!
Yeeeeshh... as a small business owner myself I couldnt imagine having monthly expenses over 200,000... RESPECT ! Just bought a LZ harness to match my new LZ wheel. Thanx for making shit fun, I've been watching for 2 years and hoping to have my S13 out very soon
I think we all appreciate this level of transparency and deep dive into the business side of things. It makes it seem less like a different world, and allows us to let our imagination run wild as to what kind of journey we could follow to get something like this.
Damn Adam, this is definitely information you did NOT need to disclose with us but that fact that you're including all of us into it is greatly appreciated and admirable. Many of us strive to achieve our dreams and goal, which may or may not align with yours on the scale you're at. This is insanely informative on the mindset that needs to be taken as well as the realistic vision that we can all do this. Just a few years ago you were riding a BMX bike and selling T-shirts, its insane to see how youve marketed yourself and really manifested a great path to achieving your goals. God Bless brother, we are all very proud of you. Ive got my foundation laid for my dreams, im just waiting for the right moment to pull the trigger.
Can we all compliment Adam on his loyalty to friends he’s bring everyone of his friends along with him in some way all the way down to even Fyeah solid dude.
Honestly just getting the transparency from someone with the audience and following you have is huge.. shows what kind of person you are. Thanks for sharing
Right I’m broke as shit and would be perfectly happy with paying that for that place without a second thought (honestly i probably could actually get the resources to do it through connections though if I tried )
I'll be honest, when I first started watching you, I never thought you'd be the type to sit down and be this real. Mad respect to you for keeping that place going. That's a lot of stress. I know I can speak for a lot of viewers when I say we appreciate your hard work. I know people like yourself and Garrett have inspired a lot of us to go after our dreams. Keep on keeping on brother.
I'm incredibly happy to know that my purchases of sick merch are all going to help this man, his employees, his compound, and his youtube channel. Keep up the awesome work!
Another person I watch that was very open about income and sponsors etc, while not a automotive creator, was Disguised Toast. And talking about that stuff as a streamer is usually super taboo. Obviously doesn't have huge expenses like an automotive creator though.
I as a small business owner am very very proud of supporting so many FAMILIES just by watching and sharing this channel. You have come so far in so little time. Im pray you keep your eye on the ball.
As a young man, you are a much better business person than I've ever been, and you're pretty humble about it. Much respect for your openness about the finances involved. It's clear you are listening to business managers and have solid discipline about your work. And you make some really fun content! Thank you for posting.
As someone who's recently started a (very small) business, I find it very inspirational and motivational to see somebody my age talk about the ins and outs of a business at this scale. Keep doing what you're doing, and thanks for sharing this!
As someone who's been watching as I rebuild my life, it's pretty cool to see the actual costs of owning a "dream compound" as well as being able to hire your friends. It's honestly all the more transparency for the goals lots of us have.
Man, one thing I've always loved about this channel is how transparent you are with the inside of your business. A lot of people would not share this type of information and you are inspiring millions. This is great!
i just got my first pay check a few days ago and it was $180. it’s crazy to me that you started when you were just a kid from Connecticut and now you’re here and able to do all this. this is such and inspiration man. KEEP UP THE GRIND!!
Definition of we made it. Adam has come such a long way from when he first started his youtube journey. Its absolutely insane to watch him grow and the brand grow and go from strength to strength. Adam is a huge inspiration to a lot of people and im sure a lot of people are super grateful for everything. Thank you adam 🙏🏻❤️
I respect your hustle. Have watched your channel for a long time. What you and some other bigger youtubers have done by taking the " internet gig" and making it something way more tangible and real is insanely fun to watch. You & Garrett stick out in my mind and it is damn impressive.
I think I speak for all of us when we say that we appreciate you being completely transparent and going through all the costs of running a compound like this. We know your not trying to flex because you genuinely love what your doing and love your fans. Excited for the future!!!
Ring isn't bad for private or home use, but when you have a large businesses warehouse or a compound of the size of Adams, Simplysafe is a much better more secure option when you have a lot of valuable equipment in it.
These numbers do not apear as "show off"... These numbers give me stress , the thougr of havinv those running costs alone! Good for you man! The bmx kid that did the work and " made it
Amazon shopping pro tip: Read the entire description, and specification page THOROUGHLY. Then go to the reviews. You can usually figure out pretty quick if it's exactly what you're looking for.
I think it’s not zoned for that. It would be interesting if it could be possible. Ideally he could a space close by which is later on once he scales the next big part of his business.
I remember awhile back when I was like 13-14 and I bumped into you at Bay Creek in Gwinnett and it was just you and you girl working. Watching you through videos till now is incredible and you are an inspiration to you at your own EXECUTIVE DESK going through all that you have going on and have to do. Keep up the amazing work and God Bless to you and your family.
Business tip, the EPA is coming in hot for selling ecu's! They're going to use you tubers to set the wide spread example! Everyone go sign the EPA act!! #pfispeed
You and Cleetus clearly have a grasp of how to make it in business while making it look easy, seriously, both of you do this so very well. As an old fart I love seeing our youth succeed, welldone.
Not many people would be willing to get this in-depth about their financials on such a public platform. Proud to be able to support in the ways that i can.
@@ACommenterOnUA-cam why wouldn't I watch something I enjoy and costs me nothing but time? If he makes a penny by me doing it, whatever! Welcome to UA-cam.
@@jdmfreak22 Well, the difference between me and you is that i will not waste my valuable TIME watching a video of a guy giving me a story of his daily life and all his purchases so that MY "time" will turn into his cash flow. His videos come across my feed here and there but i don't watch them, i just read the comments and reply to them. I don't sit on UA-cam 24/7 watching other people make videos of their lives while they bank on your time. And what do you do ??? Just sit there and waste your valuable life watching someone else talk about their life on UA-cam. Thats fuking sad and pathetic. Do something valuable with your life and stop watching other people, who gives a shit about their life, worry about your own life. Do you know what i do on UA-cam, i watch educational video's on youtube, i watch videos that help me LEARN things, not give a shit about what AdamLZ does on a daily basis. Such a waste of brain power and time. But its what you enjoy doing.
From 21:00 to 22:00 you were straight up preachin facts man , complacency kills you never want to find yourself in a stage of life where you are in that rut adam talks about and you just gotta keep moving forward and stay on your toes and to work harder for your goals , after watching Adam Lz for years going from pro bmx to grassroots drifting to now FD Is insane, I always knew that as humans we can do anything if we put our minds to it and watching this youtube channel just reinforces that ideal in stone because this channel is proof that you can do anything if you put in the work and grind for it much love to everybody at LZMFG ❤️❤️
Adam dude you’ve grown and pushed the limits and made the dreams of yours come true ... I’ve watching for years n years n years.. came along way from bmx college videos!
love the transparency adam, appreciate how much effort u put in to make the videos funnyt and merch plugs interesting, cant believe how many years ive been watching now, good oll bmx days haha, keep up the great work to everyone at LZMFG
Most honest guy when it comes to being straight up about his company and everything that goes on with the channel. Been a fan since day 1 bro keep flexing
this video is genius.i think that the more transparent you are with your fans the more fans will connect with you and they feel like they are more part of the ride along with you.serious respect for what you do.its not easy to do but if this is your dream goal,your making it look easy.you got this dialled in.
I was honestly expecting that place to cost 2 or 3 times as much as it did. After TJ hunts video yesterday I was looking at houses at thermal club and the only one on Zillow was $3.6mil. So the fact that you got that entire compound with basically your own personal race track for like 5/8ths the cost of one house is crazy (obviously Cali vs Florida, but still...)
I think the only other place anyone could of found a compound that size in the same price range would be Texas. But that would comes with a whole different set of positives & negatives.
@@ballsoutperformance cali is only truly enjoyable by the ultra rich. and if you're ultra rich, aint no better place to be than California. can't beat that weather anywhere in the states.
Still so humble as a person after all the years of progression. Watching over all these years as you grow has been a huge inspiration on starting my own youtube journey and now that I'm on that journey it makes me appreciate even more so, all the content and everything you have done! The LZ compound is a huge inspiration as well, I struggle finding time to consume as much content as I would like now I create as well, but I still come back here, especially when my vision for my future is getting foggy, seeing what you have created puts my head right again. Huge inspiration, massive respect for you Adam, keep up the good work!
I give you the utmost respect for taking on all of these responsibilities and expenses at such a young age. Your a true entrepreneur and an inspiration. Thank you for disclosing all of this information
Damn that’s an insane amount of money being spent, I praise this man for filming all this though. I remember watching back when he was in college it’s been crazy
The first offer is a lowball, any offer after that is a counter you can't lowball twice unless you for some reason go even lower than the initial lowball 👍
I really wish more UA-camrs would do stuff like this! Thank you for going out of your comfort zone to answer our questions and talk about the harsh reality of how much it costs to run an operation like yours. Keep up the good work!
All seriousness aside, we need a “El Zed Mexican hoon cartel leader almost killing his loyal camera lieutenant Divine Michael” compilation at the end of 2021
@@jacobporter5571 exactly, then if his F1 program or youtube stuff ever goes south (which all you tubers will eventually) he still has a backup asset that’s almost guaranteed forever.
@@iamdrewski39 I use to think that was true but now I'm not so sure about that there's some youtubers that I don't think they are ever going to go down unless they want to step down.
I also was pro sell the house, but you can tell especially from this video that not living on site is better for his mental health at the moment. He needs a spot to get away & not think about work
What a boss move. So very few people talk about the nitty gritty money side of things. I'll be honest it is super super helpful to people like me who would like to achieve even a fraction of what you have going on and how obtainable it actually is. Thank You.
I started following this channel below 50k subs when it was a strictly bmx channel and it's crazy to see what its grown into now. Nothing but respect and I'm truly humbled by the relentless drive you have shown since the beginning! Big future for sure Adam
I don’t usually comment, but I’ve been subscribed watching for a while and Adam’s way of doing business and helping his friends is top notch. Probably the reason I keep watching. Similar mindset and the way he does things doesn’t hurt. I can’t help but watch every video.
Mad respect for the transparency. As a viewer, I am always curious what UA-camrs make/spend and it never seems like that much of a problem to share it, but nobody ever does! So thank you for breaking it down, like I said, lot of respect for this.
Adam, thank you for this. I stopped blindly "hating" you a while back and have actually become enough of a fan where I've found myself defending you in conversation. All the best.
Congratulations on everything positive going on. I was actually expecting a monthly operating cost about 3 times what you stated. Keep growing and going.
Adam, this is a legit video. Props. I've been running our company since 1999 and I have a lot of respect for you to be so honest about these #'s. I love the fact that you're pulling financial statements and running reports. That speaks mountains for how well you're put together on the business end. Words like PNL, Balance sheets, cash flow, and spend are all so important for an owner to conceptualize. Best of luck on your journey for further success.
I remember seeing Adam buy his first house and how inspiring it was for someone so young to accomplish, but now with his Fd program taking off, the time and dedication he is putting into this compound it really bring into fruition what a person’s drive and ingenuity can accomplish. MAD RESPECT ADAM CAN NOT WAIT TO SEE WHATS NEXT !
simplisafe.com/adamlz
Hi Adam 2nd reply
simplysafe wooo
What happened to ring?
Ring rn 😐
just curious, who is your accountant? Does your Bus. take part in a yearly review or audit of your financial statements?
This is the most honest cost breakdown on youtube
True
What about ol cleeter
There have been many like it for a very long time, it's a good breakdown but to say that it's the most honest is crazy
@@falosny between these 2 UA-cam gives me a slight bit of hope lol. I need to get out to FL anything like this compound out here woulda been an easy 15mil
@@falosny my thoughts exactly lol, Cleetus has BEEN honest about the whole FF process
Bruh, after you explained all of this, I legit hope that you take all the time you can to de-stress and keep your head straight. Congrats on you winning so hard over time though, you've come super far since I've been watching :)
couldnt agree more love this comment
Our man seriously needs to take a two week vacation. MINIMUM.
For his health, decompression & to reset.
He drives and talks making millions, he has financial advisors, he's a great role model for sure but living a dream
I was pumped for him cause I already knew how cheap he got this place for. After watching this video, while I’m even more pumped after learning appraisal value, my guy needs a vacation that I’m sure he will never take!!
I’m expecting more car guys to talk about their income next since we got Adam to share... Adam did it first when it comes to always being open to his channel, I’m just trying to say that I expect more people like Dustin, tj, etc. I think more people will try and follow on this wagon even tho he might not be the first but taking this video for example I expect more to follow
2mil for this????? I was thinking like over 15mil.... Houses...shops after shops...a big drift course, a big forest, a small lake, a mini forest and many many more cool stuff for only 2mil... Damn you are the best!
FLORIDA
If it was in California it’d be 20 mil lmao
@@boi2450 20 mil would be that shed that got hit in the last video..... after it got hit
@@boi2450 would be about 100 mill in Toronto
@@boi2450 200mil in cali
Cant be mad with a man who communicates everything with his audience.
The first time a creator has said “all of this is possible because of you” and I believe it lol
Nope cleetus has said it more times than I can count
@@54raceman I don’t watch him :(
Idk what channels you watching, but if they don't thank you when they do something that seems extreme to some, u should probably stop watching those channels. I can name every channel that I watch that always thanks for the support
@@kwmiked good for you g, didn’t ask tho
@@kwmiked but do they actually mean it that’s what he is saying he actually feels like Adam genuinely means it and not just saying to say it!
Ngl i deadass enjoy this just Adam talking and explaining all the statistics behind everything
Agreed
He's honestly a much smarter guy than he comes off as.
@@Coryyyyyyyy I mean he did graduate with a degree in Business management with a concentration on entrepreneurship from UCF so i always assumed he like many other personalities have a lot more brains than they necessarily show/let on in their day to day videos.
@@1337NooX Huh I didn't know that. Yeah it's easy to tell he's smart but just a goofball. Usually those are the best kinds of people, and Adam seems to be a great example of that!
@@Coryyyyyyyy I’ve heard other UA-camrs talk very highly of his business brain.
Thank you for sharing this. So awesome to hear this. Inspiring.
Love the content Hope all is well. Love the new E92 !
@@nickmoore4212 the Melbourne car is a E90 😁
@@narrowgatemsYa idk why I put E90 lol two totally different body styles
damn dude I was not expecting him to go into as much detail as he did...huge respect my man I love the numbers
Definitely much respect to him to going so deep into it
I love the fact that after all these years he’s never changed his outro song, and I hope he never does. Much love and forever a supporter 💪🏽❤️
The transparency in this video is awesome, there's absolutely no reason he needs to share these details, but it's interesting to understand what's going on behind the scenes, really appreciate it thanks Adam!
Yeeeeshh... as a small business owner myself I couldnt imagine having monthly expenses over 200,000... RESPECT ! Just bought a LZ harness to match my new LZ wheel. Thanx for making shit fun, I've been watching for 2 years and hoping to have my S13 out very soon
Where the vids at 😂
@@andrewjimenez5693 Maybe he do not have UA-cam as business
@@andrewjimenez5693 No vids, I own an insulation company, but im getting into renovations also
@@shawncostanzo8599 renovation build videos incoming? would be sick
If you could talk faster on the golf cart intros, I think Logic might reach out for a new side gig.
Big fax
Fax🤣😂🤣
you win the internet today XD
🤘🤣👍
Busta rhymes going to be reaching out wanting a collab 😂😂
Mad respect for running a business not just “YouTubing”
I think we all appreciate this level of transparency and deep dive into the business side of things. It makes it seem less like a different world, and allows us to let our imagination run wild as to what kind of journey we could follow to get something like this.
Damn Adam, this is definitely information you did NOT need to disclose with us but that fact that you're including all of us into it is greatly appreciated and admirable. Many of us strive to achieve our dreams and goal, which may or may not align with yours on the scale you're at. This is insanely informative on the mindset that needs to be taken as well as the realistic vision that we can all do this. Just a few years ago you were riding a BMX bike and selling T-shirts, its insane to see how youve marketed yourself and really manifested a great path to achieving your goals. God Bless brother, we are all very proud of you. Ive got my foundation laid for my dreams, im just waiting for the right moment to pull the trigger.
Adam: “is that a challenger approaching? Lets play chicken mother beeeep”.
Employee: “that’s our boss”.
I read that as it was happening 😂😂👌🏼 I guess Adam is one of the funniest Bosses you will see/meet in life 😂👌🏼
Can we all compliment Adam on his loyalty to friends he’s bring everyone of his friends along with him in some way all the way down to even Fyeah solid dude.
Yep hasn't forgotten his roots and the CT boys.
What about bert... 😔
Ahaha 20 seconds after he said he's doing CS in Colorado
This is why people love Adam, he brings all of us along like we're all intimate friends since DAY 1.
Some of us have been my guy!
i still remeber the college house with bert.
"Am I running myself dry?"
*starts making pb&j*
Tell you what, even if I ever become very successful, I’ll still eat a PB&J sometimes.
ballin on a budget right there lol
After hearing all this I’d love to hear everything with cleetus and freedom factory
Honestly just getting the transparency from someone with the audience and following you have is huge.. shows what kind of person you are. Thanks for sharing
WE STILL FEEDING BURT OUT HERE IN 2021. Absolutely legendary and probably the best news I have heard all year. Thank you Mr.Lzed
BERT
Lowkey gave me goosebumps when I read this cuz that specific clip just played in my head.
Where’s cody
You still making pbj pizza??
@@wilfredt981 dem pbj tie dye shirts
Me: $2,000,000 for all that?! That's a steal!
Also me: *bank account in overdraft*
It’s insane. If I bought the apartment I currently live in, it would be about 1.2M USD.
It’s 500 sq ft.
The cost of living in Florida is cheap af.
@@sherlockholmes60 depends on where you live in Florida
Right I’m broke as shit and would be perfectly happy with paying that for that place without a second thought (honestly i probably could actually get the resources to do it through connections though if I tried )
Driving around on golf cart to get air….. immediately cuts to him sitting on a couch 🤣
I'll be honest, when I first started watching you, I never thought you'd be the type to sit down and be this real. Mad respect to you for keeping that place going. That's a lot of stress. I know I can speak for a lot of viewers when I say we appreciate your hard work. I know people like yourself and Garrett have inspired a lot of us to go after our dreams. Keep on keeping on brother.
I'm incredibly happy to know that my purchases of sick merch are all going to help this man, his employees, his compound, and his youtube channel. Keep up the awesome work!
You might be the only person on UA-cam that talked about expenses while not trying to flex.
+cleetus
Obsessed garage is very open about his spending
Autovlog is another good person with his numbers and humbleness
stradman in my opinion, talking about his veyron, and new dream house
Another person I watch that was very open about income and sponsors etc, while not a automotive creator, was Disguised Toast. And talking about that stuff as a streamer is usually super taboo. Obviously doesn't have huge expenses like an automotive creator though.
*Thanks for your transparency... It's humanizing even if not 100% relatable (yet)*
As a long time LZ watcher i am glad to know how well Adam is doing for himself and i am also happy to know that Bert is still working with/for Adam.
I as a small business owner am very very proud of supporting so many FAMILIES just by watching and sharing this channel. You have come so far in so little time. Im pray you keep your eye on the ball.
Adam can literally do anything in the world and I'll enjoy it. He is so down to earth, you can't help but enjoy his content.
Its nice to know that the money we all spend on Merch goes straight back into the channel and the compound. Awesome work man!
Hard work pays off, transparency of all this is a way to show others they can accomplish the same if they grind and make good decisions.
True. But I have noticed that alot of channels I watch get lower views than they used to I'm just wondering why.
When Adam is sitting in his office the lighting creates a smiley face on his forehead and i can’t unsee it
As a young man, you are a much better business person than I've ever been, and you're pretty humble about it. Much respect for your openness about the finances involved. It's clear you are listening to business managers and have solid discipline about your work. And you make some really fun content! Thank you for posting.
As someone who's recently started a (very small) business, I find it very inspirational and motivational to see somebody my age talk about the ins and outs of a business at this scale. Keep doing what you're doing, and thanks for sharing this!
As someone who's been watching as I rebuild my life, it's pretty cool to see the actual costs of owning a "dream compound" as well as being able to hire your friends. It's honestly all the more transparency for the goals lots of us have.
Man,
one thing I've always loved about this channel is how transparent you are with the inside of your business. A lot of people would not share this type of information and you are inspiring millions. This is great!
i just got my first pay check a few days ago and it was $180. it’s crazy to me that you started when you were just a kid from Connecticut and now you’re here and able to do all this. this is such and inspiration man. KEEP UP THE GRIND!!
"The shelves show up and they're like 3 foot tall"
So the perfect height for Collete and her shop then.
I'm so sorry.
Petition for Adam to call that compound "LZ PARADISE"
True
It really is a paradise tho
1 like = 1 signature
So Adam can see ofc
Sheeesh
compound sounds cooler imo
Definition of we made it. Adam has come such a long way from when he first started his youtube journey. Its absolutely insane to watch him grow and the brand grow and go from strength to strength. Adam is a huge inspiration to a lot of people and im sure a lot of people are super grateful for everything. Thank you adam 🙏🏻❤️
I respect your hustle. Have watched your channel for a long time. What you and some other bigger youtubers have done by taking the " internet gig" and making it something way more tangible and real is insanely fun to watch. You & Garrett stick out in my mind and it is damn impressive.
So happy to hear that Bert is still a part of everything, I’ll never forget the smiles that man brought to my face
I think I speak for all of us when we say that we appreciate you being completely transparent and going through all the costs of running a compound like this. We know your not trying to flex because you genuinely love what your doing and love your fans. Excited for the future!!!
I appreciate this transparency. It's really calming to know my time here makes U money and that money makes me content to watch
You are one smart cookie, too bad the 99% of others are not that smart enough to figure this out.
Lol switched up on ring door bell real quick 😂😂
Was thinking the same 😂
Let's be honest ring is a worse version of simplysafe
Ring isn't bad for private or home use, but when you have a large businesses warehouse or a compound of the size of Adams, Simplysafe is a much better more secure option when you have a lot of valuable equipment in it.
They are data thirst companys they are watching you
@@RaulParis21 yet im sure you carry a moblie device 24/7?
i like that he was open with us.......kinda want to see cleetus do a video like this.
The most transparent dude on UA-cam, one of the reasons I keep watching.
These numbers do not apear as "show off"... These numbers give me stress , the thougr of havinv those running costs alone!
Good for you man! The bmx kid that did the work and " made it
Amazon shopping pro tip:
Read the entire description, and specification page THOROUGHLY. Then go to the reviews. You can usually figure out pretty quick if it's exactly what you're looking for.
Now just buy the surrounding houses/properties and join them all together and make it a race/drift track.
I think it’s not zoned for that. It would be interesting if it could be possible. Ideally he could a space close by which is later on once he scales the next big part of his business.
Unfortunately it's definitely not zoned for that. That would be considered off road/industrial I'm pretty sure. This most likely is zoned residential.
It's probably not zoned at all. Not in city limits.
I remember awhile back when I was like 13-14 and I bumped into you at Bay Creek in Gwinnett and it was just you and you girl working. Watching you through videos till now is incredible and you are an inspiration to you at your own EXECUTIVE DESK going through all that you have going on and have to do. Keep up the amazing work and God Bless to you and your family.
Business tip, the EPA is coming in hot for selling ecu's! They're going to use you tubers to set the wide spread example! Everyone go sign the EPA act!! #pfispeed
You and Cleetus clearly have a grasp of how to make it in business while making it look easy, seriously, both of you do this so very well. As an old fart I love seeing our youth succeed, welldone.
Not many people would be willing to get this in-depth about their financials on such a public platform.
Proud to be able to support in the ways that i can.
It took balls to publish this.
Just thank you for the honesty.
Did he tell you that YOUR time spent watching his videos turns into $$$ that he uses to pay his expenses ??
Yes, he did
@@jdmfreak22 Yet you still watch his videos ??
There are those that you can tell them right to their face and they still don't get it.
@@ACommenterOnUA-cam why wouldn't I watch something I enjoy and costs me nothing but time? If he makes a penny by me doing it, whatever! Welcome to UA-cam.
@@jdmfreak22 Well, the difference between me and you is that i will not waste my valuable TIME watching a video of a guy giving me a story of his daily life and all his purchases so that MY "time" will turn into his cash flow.
His videos come across my feed here and there but i don't watch them, i just read the comments and reply to them.
I don't sit on UA-cam 24/7 watching other people make videos of their lives while they bank on your time.
And what do you do ??? Just sit there and waste your valuable life watching someone else talk about their life on UA-cam. Thats fuking sad and pathetic.
Do something valuable with your life and stop watching other people, who gives a shit about their life, worry about your own life.
Do you know what i do on UA-cam, i watch educational video's on youtube, i watch videos that help me LEARN things, not give a shit about what AdamLZ does on a daily basis. Such a waste of brain power and time.
But its what you enjoy doing.
ill say it for the people in the back, YOU ARE ONE OF THE MOST HONEST UA-camRS WHEN IT COMES TO MONEY!!!
From 21:00 to 22:00 you were straight up preachin facts man , complacency kills you never want to find yourself in a stage of life where you are in that rut adam talks about and you just gotta keep moving forward and stay on your toes and to work harder for your goals , after watching Adam Lz for years going from pro bmx to grassroots drifting to now FD Is insane, I always knew that as humans we can do anything if we put our minds to it and watching this youtube channel just reinforces that ideal in stone because this channel is proof that you can do anything if you put in the work and grind for it much love to everybody at LZMFG ❤️❤️
Adam dude you’ve grown and pushed the limits and made the dreams of yours come true ... I’ve watching for years n years n years.. came along way from bmx college videos!
love the transparency adam, appreciate how much effort u put in to make the videos funnyt and merch plugs interesting, cant believe how many years ive been watching now, good oll bmx days haha, keep up the great work to everyone at LZMFG
Most honest guy when it comes to being straight up about his company and everything that goes on with the channel. Been a fan since day 1 bro keep flexing
this video is genius.i think that the more transparent you are with your fans the more fans will connect with you and they feel like they are more part of the ride along with you.serious respect for what you do.its not easy to do but if this is your dream goal,your making it look easy.you got this dialled in.
From your BMX days to now its nice to see that no matter what your always down to earth!
I was honestly expecting that place to cost 2 or 3 times as much as it did. After TJ hunts video yesterday I was looking at houses at thermal club and the only one on Zillow was $3.6mil. So the fact that you got that entire compound with basically your own personal race track for like 5/8ths the cost of one house is crazy (obviously Cali vs Florida, but still...)
Exactly. One more reason Cali is a shithole.
Oh ya. I’m in Toronto and the houses in my neighbourhood are going for over a million now days. Even though we bought ours 20 years ago for 400k.
I think the only other place anyone could of found a compound that size in the same price range would be Texas.
But that would comes with a whole different set of positives & negatives.
@@ballsoutperformance cali is only truly enjoyable by the ultra rich. and if you're ultra rich, aint no better place to be than California. can't beat that weather anywhere in the states.
@@broodo1 what are some negatives? Im legit curious. Obviously, it would vary depending on the location within Texas.
Such a cool dude being straight up with the viewers
Its so fresh to see a youtuber being so honest about the numbers, 99% of youtubers hide all these numbers from you its so nice to see it
Still so humble as a person after all the years of progression. Watching over all these years as you grow has been a huge inspiration on starting my own youtube journey and now that I'm on that journey it makes me appreciate even more so, all the content and everything you have done! The LZ compound is a huge inspiration as well, I struggle finding time to consume as much content as I would like now I create as well, but I still come back here, especially when my vision for my future is getting foggy, seeing what you have created puts my head right again.
Huge inspiration, massive respect for you Adam, keep up the good work!
Watching Adam go from working on his s13 and selling stickers to running a successful company and FD operation is insane. Good work
Just thinking about Whistlin Diesel "writing off" his expenses... Tilts head
Do you even know what "writing off" expenses means...
@@Thebadbeaver9 BRUH I bet your fun at parties
@@brx3649 lmfao ur probably just one of those people that thinks "writing off" expenses means they become free somehow
@@Thebadbeaver9 WTF is wrong with you? Are you constipated? Do you need to dilate? Oh wait... INCEL. I should have known.
@@brx3649 looooool huuhh dude listen to urself lmaoo
The progress he’s made over the years is amazing.
I give you the utmost respect for taking on all of these responsibilities and expenses at such a young age. Your a true entrepreneur and an inspiration. Thank you for disclosing all of this information
Damn 2 years later and I still love this guy! Just enjoy his style ! And team around him. 🤙🏻
Damn that’s an insane amount of money being spent, I praise this man for filming all this though. I remember watching back when he was in college it’s been crazy
The first offer is a lowball, any offer after that is a counter you can't lowball twice unless you for some reason go even lower than the initial lowball 👍
Crazy I would look at that garage in his house and think wow this is crazy, but now he has the compound and what a step up
I really wish more UA-camrs would do stuff like this! Thank you for going out of your comfort zone to answer our questions and talk about the harsh reality of how much it costs to run an operation like yours. Keep up the good work!
All seriousness aside, we need a “El Zed Mexican hoon cartel leader almost killing his loyal camera lieutenant Divine Michael” compilation at the end of 2021
Always respect for anyone who talks about this stuff. It's great insight and everyone will continue to support you!
Sell your other house while the market is high and then in a couple years when the market drops, buy another one. Or 2 or 3...
Nah. Rent out the old house at medium to top of the market rate for passive income on top of all other sources of income he already has coming in
@@jacobporter5571 exactly, then if his F1 program or youtube stuff ever goes south (which all you tubers will eventually) he still has a backup asset that’s almost guaranteed forever.
@@jacobporter5571 except, when the market tanks, so does the cost of rent. If you can even find someone to rent it.
@@iamdrewski39 I use to think that was true but now I'm not so sure about that there's some youtubers that I don't think they are ever going to go down unless they want to step down.
I also was pro sell the house, but you can tell especially from this video that not living on site is better for his mental health at the moment. He needs a spot to get away & not think about work
You’re a legend bro. Appreciate you and the whole team.
What a boss move. So very few people talk about the nitty gritty money side of things. I'll be honest it is super super helpful to people like me who would like to achieve even a fraction of what you have going on and how obtainable it actually is. Thank You.
I remember when Adam taught me how to do a 180 on a bmx bike, you came a long way, truly inspiring
Costs to buy and operate the LZ compound:
More than you can afford pal, Florida!
Honestly expected it to be less than 2 million maybe 1.2mil
@@Meow_Ag47 how could you expect that? 2 million is a crazy good deal for a place like that.
i like how Adam doesnt hide anything , very different vs other youtubers! keep it up man!
Its easy to talk about expenses 😂 but skip earnings
I see that Guarana Antartica there.
Good choice of "exotic" soda! One of my childhood favorites, hope you like it :D
Hands down best soda out there!!
I started following this channel below 50k subs when it was a strictly bmx channel and it's crazy to see what its grown into now. Nothing but respect and I'm truly humbled by the relentless drive you have shown since the beginning! Big future for sure Adam
I don’t usually comment, but I’ve been subscribed watching for a while and Adam’s way of doing business and helping his friends is top notch. Probably the reason I keep watching. Similar mindset and the way he does things doesn’t hurt. I can’t help but watch every video.
A 501k is a Levi’s retirement plan!
Yeah, I had to rethink what I just heard when he said that...
underrated comment.
Hahahahaha alright man you win comment of the day 😂
😂😂
😂
The compound sounds like a solid business investment that will grow with your brand
“Michael delete this evidence” soooo chill LMAOOO IM DEAD
i’ve been watching you for six years and i’m so proud and happy that you’ve made it to this point man
Mad respect for the transparency. As a viewer, I am always curious what UA-camrs make/spend and it never seems like that much of a problem to share it, but nobody ever does! So thank you for breaking it down, like I said, lot of respect for this.
Adam, thank you for this. I stopped blindly "hating" you a while back and have actually become enough of a fan where I've found myself defending you in conversation. All the best.
“I want to drive around to get fresh air and let me think.” Next scene on the couch inside lol
Congratulations on everything positive going on.
I was actually expecting a monthly operating cost about 3 times what you stated. Keep growing and going.
Adam, this is a legit video. Props. I've been running our company since 1999 and I have a lot of respect for you to be so honest about these #'s. I love the fact that you're pulling financial statements and running reports. That speaks mountains for how well you're put together on the business end. Words like PNL, Balance sheets, cash flow, and spend are all so important for an owner to conceptualize. Best of luck on your journey for further success.
I remember seeing Adam buy his first house and how inspiring it was for someone so young to accomplish, but now with his Fd program taking off, the time and dedication he is putting into this compound it really bring into fruition what a person’s drive and ingenuity can accomplish. MAD RESPECT ADAM CAN NOT WAIT TO SEE WHATS NEXT !
Have a blessed day y’all
You too