How This Makes Him $1,000,000/Week
Published on: November 26 2022 by Jordan Welch
How This Makes Him $1,000,000/Week
Table of Contents
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 |
