Are these Vloggers just a scam? SOL or Shmee etc???????
Discussion
johnwilliams77 said:
z4RRSchris said:
that and his old man is fking loaded.
What difference does that make if, as shmee says, received no financial assistance from him.I still don't get why people are getting all worked up about how he funds his cars. He has already stated he doesn't get financial funding from his parents, and he pays for his cars via youtube and other business interests.
He outlined some basic monthly costs, and if he ploughs every spare penny into his cars thats upto him. These cars help him with his video content and therefore makes him money. Is it not the same as any business owner who puts money in their business to make more?
Typical PH. The comes on here and explains the business model and people still claim its b*llocks
He outlined some basic monthly costs, and if he ploughs every spare penny into his cars thats upto him. These cars help him with his video content and therefore makes him money. Is it not the same as any business owner who puts money in their business to make more?
Typical PH. The comes on here and explains the business model and people still claim its b*llocks
p1stonhead said:
matsoc said:
CityS said:
Shmee said:
I did specifically say with no dependents. Example for a young-20s person in London:
£45k income is £33,600 after tax, roughly £2,800 a month.
Shared flat with 2 friends around £800 a month each somewhere in Zone 2/3
£10k deposit on a £50k R8 from savings, 48 months @ 7%, £20k balloon; £595 per month.
R8 in the garage, and £1,400 a month for living which is more than enough from my experience!
parking costs in London? insurance in London? fuel? servicing/repairs? parking tickets? that would be at least 500 a month£45k income is £33,600 after tax, roughly £2,800 a month.
Shared flat with 2 friends around £800 a month each somewhere in Zone 2/3
£10k deposit on a £50k R8 from savings, 48 months @ 7%, £20k balloon; £595 per month.
R8 in the garage, and £1,400 a month for living which is more than enough from my experience!
food/travel card at least another 500
what about flights/holidays etc?
Your example doesn't work in London but it could be doable in a smaller city where insurance and parking cost less.
Edited by CityS on Monday 21st November 13:11
Everyone has different priorities.
However, if the £3k a month was getting me £20k a month in youtube money, no brainer obviously!
Anyway it is correct that the cost of the cars is at least partially repaid by the youtube income.
Davey S2 said:
matsoc said:
It is a matter of priorities. If the priority 1 is owning a sports car somehow many daily expenses can be limited.
Totally different scenario but you see the same thing with private schools. Not all pupils have wealthy parents and some sacrifice a lot to be able to afford it.AyBee said:
johnwilliams77 said:
z4RRSchris said:
that and his old man is fking loaded.
What difference does that make if, as shmee says, received no financial assistance from him.CityS said:
johnwilliams77 said:
What difference does that make if, as shmee says, received no financial assistance from him.
It makes a big difference. He can easily risk all of his money in cars than could depreciate 100k in a year since he is not risking his future.I think Shmee deserves a lot of credit for his openess and honesty on certain matters. He reveals more than I would.
I am not too proud to admit that I do envy his position in life to an extent. That's in terms of the profession he has and the background he enjoys. I've never been able to make the numbers work in the way he has and noone has any influence over who our parents/grandparents/great-grandparents are.
If he is where he is without having had any kind of a leg up then that's even more creditworthy IMO. However, per the quotes above, it's hard to believe there hasn't been any help somewhere along the lines. Even then, so what? There just seems to be an issue around any of these people acknowledging it if it's the case.
Challo said:
Typical PH. The comes on here and explains the business model and people still claim its b*llocks
He presents himself as a very lucky enthusiast who's got all these great opportunities to sample other peoples dream cars, then funds them by asking car enthusiasts to watch him enjoying them. Nobody likes a clever dick, especially a very smug one
johnwilliams77 said:
z4RRSchris said:
that and his old man is fking loaded.
What difference does that make if, as shmee says, received no financial assistance from him.Most Youtubers have found this to be a problem when you are flashing your lifestyle. Most of the audience are kids who want to live his dream and want to know how he did it. Salomondrin has been a little more honest about how he makes his money but I am sure he had some initially (but at least he didn't blow it all) But most of them avoid the subject.
By him saying that he made some clever investments is a little coy and could be a little more transparent. I guess he doesn't want to haters to just say he's trust fund kid. But if he has made his money grow good on him!
Blimey, all these questions about how Shmee pays for his cars!
Do you interrogate your local restaurant owner (or any other reasonably successful member of your local community) on how much his margins are, how much bank loan he took, did he get a help from his dad, did he go to a specific school or why he wears shirts with collars?
Shmee makes videos many people like and others don't, and he might or might not make enough money from it to finance cars.
Wat more do we need to know?
Do you interrogate your local restaurant owner (or any other reasonably successful member of your local community) on how much his margins are, how much bank loan he took, did he get a help from his dad, did he go to a specific school or why he wears shirts with collars?
Shmee makes videos many people like and others don't, and he might or might not make enough money from it to finance cars.
Wat more do we need to know?
Ollywood said:
This is his problem and he has talked about it. But like a lot of people say it doesn't add up (literary)
Most Youtubers have found this to be a problem when you are flashing your lifestyle. Most of the audience are kids who want to live his dream and want to know how he did it. Salomondrin has been a little more honest about how he makes his money but I am sure he had some initially (but at least he didn't blow it all) But most of them avoid the subject.
By him saying that he made some clever investments is a little coy and could be a little more transparent. I guess he doesn't want to haters to just say he's trust fund kid. But if he has made his money grow good on him!
What doesn't add up? Most Youtubers have found this to be a problem when you are flashing your lifestyle. Most of the audience are kids who want to live his dream and want to know how he did it. Salomondrin has been a little more honest about how he makes his money but I am sure he had some initially (but at least he didn't blow it all) But most of them avoid the subject.
By him saying that he made some clever investments is a little coy and could be a little more transparent. I guess he doesn't want to haters to just say he's trust fund kid. But if he has made his money grow good on him!
johnwilliams77 said:
What doesn't add up?
This is the bit that confuses me.I've been pretty straightforward many times in this thread about approximate figures the Shmee150 ventures earn, which are clearly over and above what's needed to fund the cars in my garage. To be honest everyone can see what I make, it directly correlates to the cars I buy.
I'm not about to be more specific with it than that, because quite frankly it's private information.
Shmee said:
johnwilliams77 said:
What doesn't add up?
This is the bit that confuses me.I've been pretty straightforward many times in this thread about approximate figures the Shmee150 ventures earn, which are clearly over and above what's needed to fund the cars in my garage. To be honest everyone can see what I make, it directly correlates to the cars I buy.
I'm not about to be more specific with it than that, because quite frankly it's private information.
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