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How This Makes Him $1,000,000/Week

Published on: November 26 2022 by Jordan Welch

How This Makes Him $1,000,000/Week

How This Makes Him $1,000,000/Week

startTime durationTime text
00:00:00 00:00:03 did you know you can make millions of
00:00:01 00:00:06 dollars buying and selling watches even
00:00:03 00:00:07 without any money this is mike the rm
00:00:06 00:00:09 plug he turned nothing into a
00:00:07 00:00:11 multi-million dollar jewelry empire
00:00:09 00:00:13 supplying high-end watches to the
00:00:11 00:00:15 world's top entrepreneurs athletes and
00:00:13 00:00:17 celebs and today he's going to show me
00:00:15 00:00:18 exactly how he did it but first he had a
00:00:17 00:00:20 surprise for me all right i got
00:00:18 00:00:21 something to look at man a little bit of
00:00:20 00:00:23 something a little bit of something what
00:00:21 00:00:26 we got here bro how much money and watch
00:00:23 00:00:28 is it in there we got to open this ah
00:00:26 00:00:30 definitely over it okay so what we got
00:00:28 00:00:32 here bro break some of this down all
00:00:30 00:00:34 right cool so i need to add this to it
00:00:32 00:00:36 because this this is a holy grail right
00:00:34 00:00:37 here this piece
00:00:36 00:00:39 it's magnificent that's what you're
00:00:37 00:00:41 known for right that's the rrm yeah yeah
00:00:39 00:00:43 yeah for sure known for the ram because
00:00:41 00:00:46 you know like this is
00:00:43 00:00:48 the holy grail like nobody people can't
00:00:46 00:00:49 touch this it takes a different
00:00:48 00:00:51 collarbone you know dealer to be able to
00:00:49 00:00:52 touch our ramps it's not like a piece
00:00:51 00:00:54 that everybody can just you know sell
00:00:52 00:00:55 like that so yeah i definitely want to
00:00:54 00:00:57 know more about how you got to that
00:00:55 00:00:59 level but first i'm curious if we could
00:00:57 00:01:01 just go through and tok about the value
00:00:59 00:01:04 of these watches you can make it quick
00:01:01 00:01:06 okay cool no problem so 2021 uh ap rose
00:01:04 00:01:09 gold and this right now sell for about
00:01:06 00:01:13 155 000 um this one sells right now for
00:01:09 00:01:14 115 000 this one sells for
00:01:13 00:01:16 three hundred and eighty thousand
00:01:14 00:01:19 dollars and then the big boy right there
00:01:16 00:01:21 big boy rm it's only limited to fifty
00:01:19 00:01:23 pieces made an award and this one is six
00:01:21 00:01:25 hundred thousand dollars
00:01:23 00:01:28 thirty five we have thirteen we have
00:01:25 00:01:31 about 17 five right here so
00:01:28 00:01:33 in total this box what we got about 1.3
00:01:31 00:01:35 million crazy what's the reason that
00:01:33 00:01:36 somebody can come to you and buy this
00:01:35 00:01:38 watch and they can't go to the richard
00:01:36 00:01:39 mills store and get one themselves
00:01:38 00:01:40 that's a good question because that's a
00:01:39 00:01:42 question that a lot of people ask you
00:01:40 00:01:44 like in general so um before you go to
00:01:42 00:01:46 pandemic you couldn't walk into a reach
00:01:44 00:01:48 a meal store and buy richard mille
00:01:46 00:01:50 because richard mille is a company that
00:01:48 00:01:52 make limited pieces per year they only
00:01:50 00:01:53 make less than 5 000 pieces a year wow
00:01:52 00:01:55 that's a huge difference i think the
00:01:53 00:01:57 fact that i branded myself so well some
00:01:55 00:01:59 people actually think that i work for
00:01:57 00:02:00 richard mille but i'm not affiliated
00:01:59 00:02:03 officially with the brand people know me
00:02:00 00:02:05 as the go-to guy for richard mille let
00:02:03 00:02:06 me ask you this with this case right
00:02:05 00:02:09 here how long do you think it'll take
00:02:06 00:02:11 you to move all this this is our deposit
00:02:09 00:02:12 on this this i can sell today if i want
00:02:11 00:02:14 to
00:02:12 00:02:16 you know like one week just moves pretty
00:02:14 00:02:18 fast so it's not uncommon for you to go
00:02:16 00:02:20 through a million dollars of watches in
00:02:18 00:02:22 a week oh yeah that's that's normal some
00:02:20 00:02:23 people might be looking at this like i
00:02:22 00:02:24 cannot get to that level this is
00:02:23 00:02:26 unattainable so i want to tok a little
00:02:24 00:02:28 bit more about that coming for sure
00:02:26 00:02:29 absolutely man we're here at the top of
00:02:28 00:02:30 miami in this beautiful apartment you
00:02:29 00:02:32 didn't start here though bro like where
00:02:30 00:02:34 did you come from and how did you end up
00:02:32 00:02:37 here grew up in uh west africa and ivory
00:02:34 00:02:39 coast to be exact my first
00:02:37 00:02:41 biggest challenge was learning english
00:02:39 00:02:43 so i had to learn first of all english i
00:02:41 00:02:45 went to college went to new york
00:02:43 00:02:46 worked in the actual business world or
00:02:45 00:02:48 whatever i was a loan officer or
00:02:46 00:02:50 whatever for a while and i always had
00:02:48 00:02:52 these big dreams of myself like i saw
00:02:50 00:02:54 myself like up there and doing big
00:02:52 00:02:55 things i just didn't know exactly how it
00:02:54 00:02:57 was going to happen i just believed that
00:02:55 00:02:59 one day with all my hard work and my
00:02:57 00:03:00 determination something was going to
00:02:59 00:03:02 happen when i first got into business of
00:03:00 00:03:03 course it wasn't like this it wasn't
00:03:02 00:03:04 like you know
00:03:03 00:03:06 crazy
00:03:04 00:03:08 like the way it is right now it was more
00:03:06 00:03:10 something that i was interested in i got
00:03:08 00:03:12 in i loved it the difference is you
00:03:10 00:03:13 actually have an actual heart asset that
00:03:12 00:03:15 you can hold in your hand that you can
00:03:13 00:03:18 have on your wrist or put in your safe
00:03:15 00:03:20 and it actually goes up in value i don't
00:03:18 00:03:22 feel like i sell watches i feel like
00:03:20 00:03:24 i sell the lifestyle i sell
00:03:22 00:03:25 everything else and it watches sell
00:03:24 00:03:27 itself i'm not selling something that
00:03:25 00:03:29 people don't want people want watches
00:03:27 00:03:31 they love watches so i'm not gonna be
00:03:29 00:03:32 out yo yo you know what's going on man i
00:03:31 00:03:34 have this watch for you man you know
00:03:32 00:03:35 every day focus on finding the best
00:03:34 00:03:37 pieces right living your life and
00:03:35 00:03:39 building good relationships exactly
00:03:37 00:03:40 that's exactly what i'm doing then mike
00:03:39 00:03:43 offered to give me a ride to show me
00:03:40 00:03:45 behind the scenes of his entire jewelry
00:03:43 00:03:46 operation what was your first watch deal
00:03:45 00:03:48 though when you first got into the game
00:03:46 00:03:50 like how did you begin with this my very
00:03:48 00:03:53 first watch deal was um
00:03:50 00:03:55 it was a rolex it wasn't very expensive
00:03:53 00:03:57 i bought the watch
00:03:55 00:03:58 actually it was funny i financed that
00:03:57 00:04:00 watch online
00:03:58 00:04:02 because i had good credit and so i
00:04:00 00:04:04 bought the watch on credit i had to put
00:04:02 00:04:05 a certain amount of money down and it
00:04:04 00:04:07 was like 6 500 or something like that
00:04:05 00:04:09 was this a big investment for you it was
00:04:07 00:04:11 i couldn't afford a watch obviously so i
00:04:09 00:04:13 had to finance it i think i put like i
00:04:11 00:04:14 paid a thousand of it for 1300 or
00:04:13 00:04:16 something like that and how did you flip
00:04:14 00:04:18 that how did you get it sold i racked it
00:04:16 00:04:20 for like a month and then i started
00:04:18 00:04:21 looking at the market on it and it was
00:04:20 00:04:23 worth like seven thousand i waited
00:04:21 00:04:25 another month and a half i went to other
00:04:23 00:04:28 people that lowballed me and i ended up
00:04:25 00:04:30 actually selling that watch on a ferrari
00:04:28 00:04:31 he enemy 7 200
00:04:30 00:04:33 and at the time that was the most money
00:04:31 00:04:34 you ever had that yeah yeah it wasn't
00:04:33 00:04:36 like i was trying to do this for a
00:04:34 00:04:37 living you know what i'm saying it was
00:04:36 00:04:40 just wanted to try it right yeah yeah so
00:04:37 00:04:42 now i could take the whole money cash
00:04:40 00:04:44 and then pay this watch little by little
00:04:42 00:04:46 i was only paying 300 and use that money
00:04:44 00:04:47 to get your next watch and that's what
00:04:46 00:04:49 you did right yeah
00:04:47 00:04:52 that's amazing bro if you could go back
00:04:49 00:04:53 to that day when you were there starting
00:04:52 00:04:55 in this game
00:04:53 00:04:55 just picked up your first watch on
00:04:55 00:04:57 credit
00:04:55 00:04:59 what would you tell that mike what would
00:04:57 00:05:01 you tell him
00:04:59 00:05:03 i wish you that finance two three more
00:05:01 00:05:05 watches
00:05:03 00:05:07 we have to factor here with george he
00:05:05 00:05:08 pretty much runs all the diamonds side
00:05:07 00:05:10 of it we're gonna go in here he's gonna
00:05:08 00:05:11 tok to us about like what's going on in
00:05:10 00:05:13 the back end so i want to check it out
00:05:11 00:05:16 y'all ready let's do it all right
00:05:13 00:05:19 over here is where we start the process
00:05:16 00:05:21 from a to z just to give you an example
00:05:19 00:05:23 like this is one of our works right here
00:05:21 00:05:24 we start everything from the basis
00:05:23 00:05:26 everything your house everything you
00:05:24 00:05:28 come for is in-house it's like right
00:05:26 00:05:30 here he's setting a piece right now
00:05:28 00:05:32 setting the diamond and let's take a
00:05:30 00:05:34 look this is where the final stage is
00:05:32 00:05:36 going and then it comes to the other
00:05:34 00:05:37 side of the factory so start to finish
00:05:36 00:05:39 how long does it take to make a piece
00:05:37 00:05:41 like that a piece like this would take
00:05:39 00:05:43 anywhere between
00:05:41 00:05:44 two to three weeks max when you're
00:05:43 00:05:47 taking anything from him you just know
00:05:44 00:05:49 that he's in on all the production from
00:05:47 00:05:50 start to finish he's in on
00:05:49 00:05:53 everything from the color selection
00:05:50 00:05:55 diamond selection from a to z he's
00:05:53 00:05:58 involved diamonds are up 40 from last
00:05:55 00:06:00 month so i don't mind in a month so that
00:05:58 00:06:03 mean everyone that's bought a custom
00:06:00 00:06:05 piece from us from back then to today is
00:06:03 00:06:06 up especially considering the quality
00:06:05 00:06:08 that you guys put out of the day there
00:06:06 00:06:10 you go so if you were to break it down
00:06:08 00:06:11 or those diamonds are
00:06:10 00:06:13 timeless
00:06:11 00:06:14 my god
00:06:13 00:06:16 after we left mike threw on some roddy
00:06:14 00:06:18 rich and told me one of the most
00:06:16 00:06:21 inspirational stories i've ever heard
00:06:18 00:06:22 just did your biggest sale you got a bus
00:06:21 00:06:24 down watch on you sitting in the back of
00:06:22 00:06:27 the black car right right right right
00:06:24 00:06:29 and it never hit me before
00:06:27 00:06:31 like as far as when you tok about oh
00:06:29 00:06:32 you successful or you got into a certain
00:06:31 00:06:35 level in life like i kept on i just i
00:06:32 00:06:36 was just working it was it was crazy i i
00:06:35 00:06:38 almost got tears in my eyes because i
00:06:36 00:06:42 was just like wow like for the first
00:06:38 00:06:45 time in my life i feel like i'm above
00:06:42 00:06:47 like all my struggles all the grind all
00:06:45 00:06:49 the negative thing that happened to me
00:06:47 00:06:51 i'm like i'm good learning about mike's
00:06:49 00:06:53 come up motivated me like crazy and made
00:06:51 00:06:55 me want to learn everything that i could
00:06:53 00:06:57 about the watch game so if i was going
00:06:55 00:07:00 to get started in the watch business
00:06:57 00:07:02 today where do i begin it's actually
00:07:00 00:07:04 easy i think number one you need to have
00:07:02 00:07:06 the product knowledge start by learning
00:07:04 00:07:08 about watches first so when you first
00:07:06 00:07:10 start i recommend you start with a rolex
00:07:08 00:07:12 and start like getting yourself yourself
00:07:10 00:07:15 familiar with pretty much all the rolex
00:07:12 00:07:17 lineup the datejust sky dweller is the
00:07:15 00:07:18 the prezi you know all the stuff you
00:07:17 00:07:19 start learning a little bit of basics
00:07:18 00:07:21 and people tend to
00:07:19 00:07:23 trust you more if you have enough
00:07:21 00:07:25 knowledge about the product so this
00:07:23 00:07:28 piece right here this is a rolex yeah
00:07:25 00:07:31 it's a woman dundal rolex two-tone uh
00:07:28 00:07:32 rose gold how would you go and find this
00:07:31 00:07:34 watch for a cheaper price and then go on
00:07:32 00:07:35 to sell it and make a profit from it
00:07:34 00:07:37 first you got to also learn how to do
00:07:35 00:07:39 market research which is something that
00:07:37 00:07:41 i teach in my course right about market
00:07:39 00:07:43 research i allow you to identify what
00:07:41 00:07:46 the market is for this watch there's a
00:07:43 00:07:48 famous website that everybody goes to
00:07:46 00:07:50 for references it's called chrono24.com
00:07:48 00:07:51 you can go on color 24 and type in a
00:07:50 00:07:53 reference number of this partikular
00:07:51 00:07:54 watch you're going to see exactly the
00:07:53 00:07:57 same watch and you're going to have an
00:07:54 00:07:58 idea like how much that watch cost then
00:07:57 00:08:01 you can google that and actually find
00:07:58 00:08:03 out maybe other prices now if you see
00:08:01 00:08:04 anybody offering that watch for example
00:08:03 00:08:05 for cheaper than that you can see
00:08:04 00:08:07 there's an upside there's a property
00:08:05 00:08:08 margin right there whether it's 500 a
00:08:07 00:08:10 thousand or whatever it is they're not
00:08:08 00:08:12 gonna take the chance into buying that
00:08:10 00:08:13 watch the good thing with buying watches
00:08:12 00:08:15 if you're buying watches online you have
00:08:13 00:08:17 to look into the references that they're
00:08:15 00:08:19 reputable but there's a lot of watch
00:08:17 00:08:20 groups on on what's up but it's also
00:08:19 00:08:22 hard to get into if you're serious and
00:08:20 00:08:23 you're able to get somebody to get you
00:08:22 00:08:25 in those groups you'll have more chances
00:08:23 00:08:27 of selling your watch or buying a while
00:08:25 00:08:29 my program i help people um open the
00:08:27 00:08:31 doors i actually make it super easy for
00:08:29 00:08:33 them to source watches so you need the
00:08:31 00:08:35 knowledge you need the connections i
00:08:33 00:08:36 actually really like this watch okay and
00:08:35 00:08:38 i might even buy it from you how much
00:08:36 00:08:41 money are you going to profit off if you
00:08:38 00:08:43 buy that watch right now okay this watch
00:08:41 00:08:45 um i'll hook you up i'll hook you up on
00:08:43 00:08:47 this watch i'm normally normally
00:08:45 00:08:48 supposed to make about 1500 to 1000 on a
00:08:47 00:08:50 watch like this
00:08:48 00:08:52 but i'm only gonna make 500 bucks
00:08:50 00:08:54 because you're my guy and you know we
00:08:52 00:08:55 can start a good relationship so yeah we
00:08:54 00:08:57 can definitely tok about let me try it
00:08:55 00:08:58 off first
00:08:57 00:09:01 the first time i put a rollie on for
00:08:58 00:09:02 real yeah yeah decisive man nah this is
00:09:01 00:09:04 hard mike
00:09:02 00:09:06 all right bro i think you sold me on
00:09:04 00:09:07 this watch man i think you sold me yeah
00:09:06 00:09:08 all right batman get it ready for you
00:09:07 00:09:10 man all right let's get it let's get it
00:09:08 00:09:12 let's go all right
00:09:10 00:09:15 all right bro i got it ready for you
00:09:12 00:09:16 let's go over there 18 500 man 80 yeah
00:09:15 00:09:18 185
00:09:16 00:09:20 hey you know what bro let me just hold
00:09:18 00:09:22 on to it and then i'm gonna come back
00:09:20 00:09:24 and show you yeah let me hold on to it
00:09:22 00:09:26 and tomorrow tomorrow tomorrow tomorrow
00:09:24 00:09:28 tomorrow i'm gonna come back okay
00:09:26 00:09:31 tomorrow all right tomorrow all right
00:09:28 00:09:35 bro hey thank you all right
00:09:31 00:09:35 i need my drugs
00:09:37 00:09:40 love

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