The Level Up Podcast w/ Paul Alex

How Fareed Abedini Lost $1.7M at 20 — Then Rebuilt Through Airbnb


Listen Later

What would you do if you earned $1.7 million before turning 21… and then lost every dollar?

Most people would crumble.

But today’s guest — Fareed Abedini — used that rock bottom moment as the catalyst for one of the greatest comebacks you’ll ever hear.

In this episode of The Level Up Podcast w/ Paul Alex, Fareed opens up about the brutal reality of losing millions through day trading, the shame of watching it all disappear, and the exact moment he realized he had to rebuild from nothing. What followed was a transformation fueled by mentorship, resilience, and a new vehicle for wealth: Airbnb.

From couch-surfing with his mentor…

To managing properties he didn’t own…
To scaling into arbitrage…
To building a profitable real estate operation from zero…

Fareed breaks down the strategies, mindset shifts, and painful lessons that turned him into the entrepreneur he is today.

  • How Fareed turned $25K into $1.7M in six months

  • The moment everything collapsed — and how he handled it

  • The mentor who changed his life and forced him to level up

  • How he started Airbnb with no money, no credit, and no properties

  • The 20–25% management strategy anyone can begin with

  • Why arbitrage became his turning point

  • The numbers behind his first Airbnb ($6,500 month, $3,000 mortgage)

  • How to rebuild your identity after financial failure

  • Why Airbnb is still one of the most scalable models for new entrepreneurs

    If you’ve ever felt stuck, lost, broke, or unsure of your next move — this episode will remind you that you’re one decision away from a completely different life.

    Make sure to add me on all SOCIAL MEDIA PLATFORMS:

    Instagram: https://jo.my/paulalex2024
    Facebook: https://jo.my/fbpaulalex2024
    YouTube: https://www.youtube.com/channel/UCGhDAD1JyGGzSQUPD9lc9HQ
    LinkedIn: https://jo.my/inpaulalex2024

    Looking for a secondary source of income or want to become an entrepreneur?

    Check out one of my companies below to see how we can help you:

    💳 www.CashSwipe.com

    📘 FREE Copy of my book: “Blue to Digital Gold – The New American Dream
    www.officialPaulAlex.com

    🚀 In This Episode, You’ll Learn:Your Network is your NETWORTH!

    Learn more about your ad choices. Visit megaphone.fm/adchoices

    ...more
    View all episodesView all episodes
    Download on the App Store

    The Level Up Podcast w/ Paul AlexBy Paul Alex Espinoza

    • 4.3
    • 4.3
    • 4.3
    • 4.3
    • 4.3

    4.3

    393 ratings


    More shows like The Level Up Podcast w/ Paul Alex

    View all
    The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

    The Side Hustle Show

    1,595 Listeners

    Entrepreneurs on Fire by John Lee Dumas of EOFire

    Entrepreneurs on Fire

    3,828 Listeners

    The Martell Method w/ Dan Martell by Dan Martell

    The Martell Method w/ Dan Martell

    571 Listeners

    Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing) by Hala Taha | Entrepreneurship, Sales, Marketing | YAP Media Network

    Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)

    1,336 Listeners

    Habits and Hustle by Jen Cohen

    Habits and Hustle

    794 Listeners

    Founder's Story by IBH Media

    Founder's Story

    205 Listeners

    The Personal Finance Podcast by Andrew Giancola

    The Personal Finance Podcast

    1,406 Listeners

    Wealthy Way by Ryan Pineda

    Wealthy Way

    2,137 Listeners

    Money Rehab with Nicole Lapin by Money News Network

    Money Rehab with Nicole Lapin

    1,654 Listeners

    The Money Mondays by Dan Fleyshman

    The Money Mondays

    463 Listeners

    Next Level Pros by Chris Lee

    Next Level Pros

    159 Listeners

    Bred To Lead | With Dr. Jake Tayler Jacobs by SIPS Healthcare Solutions

    Bred To Lead | With Dr. Jake Tayler Jacobs

    32 Listeners

    Proven Podcast by Charles Schwartz

    Proven Podcast

    300 Listeners

    The $100M Entrepreneur Podcast by Brad Sugars

    The $100M Entrepreneur Podcast

    15 Listeners

    We're Out of Time by Richard Taite

    We're Out of Time

    106 Listeners