Alexander LorenzoCoinPicks, CoinPicks · Founder & Chief Investment Officer CoinPicks Capital 👇🏾This strategy made me 8 million dollars

Sold My Tesla to Pay Rent & Start Over

30 Jun 2025 · 1 min

Watch on YouTube

0:57

In this candid, first‑person YouTube monologue, the speaker recounts a dramatic personal and professional downturn. After five years of running a $5.2 million business with 40 employees, he is forced to sell his Tesla Model 3—originally purchased for $70,000—for $25,000 just to cover rent. The loss of his company leaves him with no conventional work experience, prompting a crisis of identity. He attempts to rebuild his résumé, dons a suit, and begins cold‑calling businesses, including wealth‑management firms, offering his crypto expertise in hopes of landing a job. The relentless hustle exhausts him, culminating in a burnout that underscores the emotional and practical challenges of transitioning from a high‑earning entrepreneur to a job seeker.

Chapters

I had to sell my Tesla Model 3 for— I sold it for $25,000, bro. I bought it for 70 bands. I sold it for $25,000 just so I can make rent. But imagine making $5.2 million, having 40 employees, being able to call the shots for like 5 years, just calling the shots. I'm calling the shots, right? Being the man to now having to go and remake his resume. And which what was killing me at the time is that when I made the resume, I realized that I have no work experience. I've been in business for 5 years. So I'm sitting there like, bro, what do I do? And I'm remaking the resume. I even went to my closet. I put on a whole entire suit. I went, I printed my resume. I started walking into businesses cold, just trying to get a job, doing whatever it takes. I went into wealth management firms. I was like, hey, I can help you with crypto. I went into different places and ultimately I gassed out.