Business Insider did a Q&A with Andrew, who started his first business in sixth grade when he and a friend figured out how to turn mechanical pencils into rocket launchers. He dropped out of high school after launching a pair of sites to give people tools to "design" their MySpace pages, earning himself a small fortune before it all went up in smoke. Today he's working on a new website, oversees a photography company called "Fashion N Glamour Studios," and is writing a memoir called Young & Stupid. So how did Fashion make $2.5 million, but later end up in debt? (I'm still trying to figure out is "Fashion" is his real name.) Here's how:
I bought my first car, in cash. I bought my house and had $80,000 dollars of renovations done to it. I ended up buying seven cars total, a few for my friends. One of my friends wrecked a car; I wrecked a car. I paid for that out of pocket. A lot of my money just disappeared.Well, it sounds like a fun year or two, at least. On his personal blog, Andrew laid it all out last year, complete with screenshots from his advertising accounts and lists of things he bought.
I had a girlfriend. I lost a lot of money in Vegas. I got into poker. I bought a lot of toys, photography equipment, technology, tons of clothes, and trips to places like London, Florida, and Hawaii. I was young and stupid. The money was coming in so strongly, but it went out just as fast. All of a sudden, my site dropped off of Google and the money just stopped.
The picture at the top of this post came from Andrew's MySpace page, which features many of his "fashion n glamour" shots. I am also a fan of this picture:
We wish Andrew luck on his new venture, BeModels.com, a social networking site for models. Don't spend it all in one place. [BusinessInsider, 310AndrewFashion.com]http://gawker.com/5664199/
No comments:
Post a Comment