The UpFlip Podcast

188. What Losing $25M Taught This Entrepreneur

17 snips
May 26, 2025
Damien Lupo, a resilient entrepreneur, shares his incredible journey from a $25 million real estate portfolio to homelessness during the 2008 crash. He discusses how this experience led to a transformative mindset shift. Lupo emphasizes the importance of trusting the growth process while debunking the myth of passive income. Listeners will learn about his Millionaire Action Plan for sustainable wealth, the significance of accountability, and actionable steps for long-term financial success. His story is a testament to viewing challenges as opportunities.
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ANECDOTE

Young Entrepreneur's Bold First Investment

  • Damien bought his first property at age 22 with a $10,000 credit card advance, seeing no downside.
  • His youthful ambition and lack of fear made risky moves feel normal and necessary for growth.
INSIGHT

Wealth Growth Takes Time

  • Wealth creation requires nurturing and patience, not instant success.
  • Damien's $25 million portfolio took years of action, care, and timing to develop.
ANECDOTE

From Millionaire To Homeless

  • In the 2008 crash, Damien lost his million-dollar home, Ferrari, and all access to credit.
  • He realized wealth is not credit lines but owning assets and financial resilience.
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