How did Graham Stephan Become a Millionaire YouTuber and Real Estate Broker
Graham Stephan is
one of the most respected YouTubers who teaches about personal finance, real
estate, stocks, and content related to this niche. He skipped college and chose
to venture into real estate. Little did he know that decision would make him on
the path to incredible success. With his only high
school diploma in hand, Graham realized that college wasn't the choice he wants
to make. He had other visions for his life, and although still young, he made
the life-changing decision to obtain his real estate license. During his career
path as a real estate agent, he sold many luxury properties and made a good
living from it.
He didn't stop
there, as he was curious and ambitious at the same time. For years, he watched
YouTube videos religiously instead of Television. And one day, he decided to
give YouTube a try for himself. He now had become one of the most successful
YouTuber who has millions of subscribers following his channel.
I am curious about
Graham Stephan's success on the Internet and decided to do thorough research
about his success and what he did to become successful. Since I want to become
a YouTuber for FinzWatch channel
lead me to learn more about Graham Stephan's journey to success. In this
article, I would like to share the secret of how a regular person like Graham
Stephan can become a successful YouTuber that made millions of dollar.
He
Started Early in his Career Path and has a Financial Goal.
Graham Stephan
started in real estate when he was just 18 years old. He skipped college to
follow his ambitions in the growing world of real estate. Furthermore, he was
ambitious about his financial goal and set a goal of how he wanted to become a
millionaire before he was 30 years old. However, he ended reaching this
milestone when he was only 26 years old.
He also had a strict
discipline in saving and investing what he earned. Moreover, he also loves to
live below his means even though he made a decent amount from his job. He set
his monthly budget to a modest $5,000 a month even when he was earning a
considerable sum of money from his business ventures.
Made
a Great Choice of Becoming YouTuber.
Graham Stephan had
always watched YouTube more than he watches the Television. He was pretty amazed
by the free online application that anyone can use. Because of his interest in
watching YouTube videos growing up, he decided to give it a try for his career.
When he first
started, he shot his first video using only just his iPhone. In that video, he shared
his tips and tricks for becoming a successful real estate agent. He remembered
how his videos only get nine to ten views, but he was amazed at how someone
from somewhere was watching his video.
His first few videos
only brought in only a handful of subscribers, but this didn't stop Graham. He
then began to upload new content twice a week. From his discipline and
dedication to making YouTube videos, his channel exploded. In just one year,
his channel earned $26,000.
Giving
Financial Advice Pays Off Big Time.
Graham's YouTube
channel posts a variety of videos. But the majority of the videos focus on
seeking financial independence and learning investment strategies. His YouTube
channel currently has over 2 million loyal subscribers, and each video gets
between 200k to 1 million views.
He still makes good
money in real estate commissions and from his rental properties. However, most
of Graham Stephan's income now comes from YouTube. It's pretty amazing to
discover how creating content on YouTube can become the number one source of
income.
From this
information I found, I personally am interested in becoming a YouTuber just
like Graham Stephan. I believe that creating a dedicated YouTube channel
for FinzWatch can help
me get my name out there in the online world. I just need to be dedicated and
hardworking like Graham Stephan to post exciting content about financial
advice, stock picks, and contents within this niche.
Multiple
Sources of Income Streams.
Even before starting
his YouTube channel, Graham was well on his way to becoming wealthy. He set a
plan and manages his wealth diligently. In one of his YouTube videos, Graham
Stephan mentioned the six different revenue sources that he had. His six
various revenue sources are Real Estate commissions, Online Courses on
Teachable, Rental Income, Primary YouTube channel, Secondary YouTube channel,
and last but not least Affiliates and sponsorships.
Real Estate
commissions:
Started as a real
estate agent, Graham loves his job a lot. He wasn't able to earn a lot at the
beginning, making about $500 to $600 commissions every other week. However, he
grew confident after being able to sell his first house nine to ten months into
working full time.
Even after he
started seeing success, Graham lived with his dad to save money. After five
years of living at home and saving all of his commission money, he had enough
in the bank to buy his first property, which he still owns and rents out today.
Graham moved into
his own place in his early 20s and continued to work his way up in the real
estate industry, eventually selling between $12 and $20 million worth of real
estate a year. That translates to about $250,000 to $500,000 a year in gross
commissions.
Teachable:
Graham Stephan also
offers two different courses. The Real Estate Agent Academy teaches budding
real estate moguls how to climb to the top. Moreover,
he also discusses the importance of an excellent brokerage, tips to get seller
leads, and even how to create the perfect listing presentation.
In his YouTube
Creator Academy, Graham Stephan discusses how to grow a YouTube channel and
build it into a six-figure business. He bases his strategies on his successes
and failures throughout his journey into building his YouTube channel. Because
Graham Stephan had overcome and experienced the journey to creating his YouTube
channel, he encountered mistakes and hack to make a successful YouTube channel.
The classes, which
he started selling in early 2018, earned him nearly $30,000 a month. He
mentioned how the courses are all online using the Teachable platform that
costs $90 a month. Because of the low overhead cost, Graham was able to keep
most of the earnings.
It's pretty
impressive how Graham Stephan had created online courses in a certain niche
just because he had undergone and overcome. For example, it was because of his
success in his YouTube channel; he has the ability to monetize this opportunity
to sell courses to people who wants to learn the secret to his success.
Rental Income:
Graham Stephan also
owns and rents out six properties in Los Angeles that he owns. Three of the
properties are paid off, and he is paying down mortgages on the other three. He
earns approximately $15,000 from his tenants, after factoring in expenses,
which include mortgages, property taxes, and insurance, he earns about $5,000 a
month in profit.
Rental properties
are a great way to create a passive income stream. Also, the property value
only increases in the long run. Graham Stephan has expertise in the real estate
world. This gives him the advantage to find great deals in properties, which he
then rents out to earn passive income.
YouTube:
Graham's YouTube
channel, Graham Stephan, has over 2 million
subscribers and focuses on his real estate industry experience. His YouTube
channel earned him, on average, $81,428 a month in 2019, though the most he
made was $136,330 in a month. He later launched his second channel, The Graham Stephan Show, in May 2019. This
second channel is currently earning him close to $24,000 per month. Stephan
estimates that 85% of his total yearly earnings come from YouTube.
Affiliates and
sponsors:
Partnerships with
various companies earn Stephan an average of $7,222 per month. Due to his
popularity, many companies are willing to do sponsorship with him.
From these six
sources of revenue stream, Graham Stephan makes from $61,200 to $221,300 each
month. Combine with his frugal personality and commitment to investing, Graham
Stephan's net worth only grows exponentially. This is the main reason why
Graham Stephan was able to accumulate so much wealth despite his young age. He
strategizes his earning potential combine with a strict budget that potentially
made him able to save and invest most of his money.
How
Much is Graham Stephan Worth?
Graham Stephan has
an estimated net worth of $6 million, as this article is written (June 2020).
And unlike other celebrities who throw away their money on expensive purchases
and luxury goods, Graham prefers to reinvest and save his earnings.
This millionaire
entrepreneur saves almost 99% of his income and refuses to spend his money on
coffee or designer clothes. He mentioned in an interview that he always enjoys
the aspect of not spending money, even when he was a kid. On the weekend, you
won't see Graham Stephan shopping at Gucci or Louis Vuitton store. Instead, you
may find him in a cheap coffee store or looking for bargains at a typical
H&M store.
For a millionaire
like him, Graham Stephan is considered very conservative about his spending. He
has a strict budget of only spending about $5,000 a month. I had included a
breakdown chart of his spending below. Due to this reason, Graham Stephan was
able to accumulate a huge sum of wealth since his income is so high and how low
his expenses are. He mentions how he enjoys the challenge of saving and trying
to handle his money to grow in value.
I am very impressed
with the discipline and dedication that Graham Stephan has. He somewhat
reminded me of the legendary investor, Warren Buffett. Moreover, I am also
inspired by how Graham Stephan manages his wealth and finances. Researching him
taught me how a person could become wealthy and successful through hard work
and dedication. For someone to be wealthy, ones need to be smart with making
money decision, and Graham Stephan shows all aspects of these traits.
Final
Word
From this article, I
hope you readers learned how Graham Stephan strategizes and plans out his
financial journey to success. Like many typical wealthy people, Graham focuses
on the income stream to utilize the earnings to invest and build wealth.
At his young age,
Graham is already a millionaire, and it is fascinating that he made most of his
fortune from the online domain. He runs a YouTube channel with a lot of
followers who keep up with his financial insights. Moreover, he also focuses on
his real estate deals which so far have an estimated sales value of $130
million. He also has his online academy for potential real estate agents and
anyone who is interested in growing their YouTube channel.
Graham Stephan not
only finds revenue sources to maximize his income, but he is also very
disciplined and consistent about saving and managing his wealth. He didn't
become wealthy overnight, but because he has a vision and plan in mind that
made him the person who he is today.
I am very impressed
and inspired by Graham Stephan for the work and efforts he puts. I hope from
this research of how he became a successful YouTuber and property agent who has
built a massive wealth; you readers can try to replicate some of the strategies
Graham has implemented it.
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