what's up guys welcome back to the
channel welcome back to another video
i started my fascination with watches
back in 2004.
i was watching tv one night and this
show called qvc
i started seeing these watches come
across the screen
and it blowed my mind now the name
of those watches were invicta
they looked just like rolex and at the
time
i could not afford to buy a rolex so i
thought to myself
it looks like a rolex nobody will really
know
why don't i buy one of those and test it
out and see how i like it
so i pulled the trigger they sent the
watch to me
i got the watch i looked at it and guys
it
looked very similar to how a rolex would
look
so i got the watch size put it on my
wrist and i started wearing it
and since that first invicta watch i
bought in 2004
that's where my passion for watches
started
i quickly decided i wanted to find out
more about these watches keeping in mind
i couldn't afford a real rolex like i
got in front of me here today
or an omega sea master planet ocean deep
black
couldn't afford any of these at the time
so invicta at the time was
you know it was priced right i think it
was about a hundred bucks
fit and finish on the watch was
fantastic so
that's the route i went because i
couldn't afford anything more than that
so my journey started with these watches
this whole watch obsession this whole
watch hobby
so i joined a couple of watch forums and
i started doing my research and
participating on the forums
i quickly started to realize wow
there are guys on the watch forums
that are selling these high-end watches
like rolex
omega breitling panerai iwc
ap attack philippe
these guys were selling these high-end
watches on these watch forums and i'm
saying
what man how do these guys do this you
know i can't let alone i can't even
really afford
to to buy a rolex hire these guys
flipping rolexes
so i continued to do my research i
continued to kind of study
what they were doing on the watch forums
and i decided why not give it a shot
you know i'm saving this money so that i
can purchase me a rolex one of these
days
but in order to help me get to that
point maybe i should try and
flip watches like these guys are doing
now guys i didn't know very much about
it at the time like i said i had been
doing some research
i i was participating on the watch
forums
and uh things were going pretty well i
enjoyed it it was a good hobby
but i really didn't know if i could do
what these guys were doing
so ultimately it came down to me just
making a decision to try it
so i went out started looking for a
watch that i could afford and at the
time my budget was about a thousand
bucks
so i start messing around and
found a tag heuer so i purchased that
tag hoyer
went back to the watch forums to kind of
see how these guys
post their photos what type of
description they put in
for to describe the watch what type of
payment methods do they require
and how people can get questions
answered if they want to
so i follow the exam format these guys
had in
their for sale posts on the watch forums
i listed the watch for sale
on ebay i also listed the watch for sale
in the watch forums a couple weeks go by
finally sold the watch on ebay for
1 100 i bought the watch for a thousand
i successfully sold it for 1
100 validated that there is a market out
there where you can
purchase pre-owned watches and then
enjoy them if you want wear them and
then when you're ready to
move on to another watch or do something
different
you can put that watch up for sale and
recoup your money back and make a little
bit of profit
so that's how i started off i started
doing that
and then over time i was able to
put together enough money to buy my very
first rolex watch
and once i bought my rolex watch i even
stepped my game up a little bit further
with the watch sales i said you know now
that i put myself in a position where
i've made some money
through flipping watches whereby i could
buy my own rolex why don't i start
buying more watches buying more rolex
buying more panerai omega breitling
and why don't i have a little inventory
of those and i can just sell them online
so that's where luxury watch sales begin
i initially used the credit card in
order to
buy myself about four watches
one rolex an omega a breitling and a
panerai
and i put those watches on ebay for sale
i also put them on the watch forums for
sale
and i started just doing that and i did
that consistently at the peak
i would probably have 20 watches in
inventory and i'm talking about high-end
watches guys
the thing that i learned through this
process
of buying and selling watches online
is you gotta be able to purchase the
watch
at a deep enough discount and make some
profit off of it
you gotta buy it right so the number one
thing i do is
i have multiple venues that i
buy my watches on i mean i buy them
through great market
retailers online you know i buy them
from individuals online
through the watch forums and through
ebay i also go
locally here in the area i live in and i
visit
authorized dealers and develop
relationships with those authorized
dealers
to be able to get on their list so when
these special watches come in
or if they have a special offer they
call me as one of their preferred
uh customers i also frequent
you know estate shops um high-end pawn
shops and develop relationships with
these people
because whether you want to believe it
or not these estate shops and these pawn
shops
they see a lot of these types of watches
because what will happen
is if people fall on hard times they
just don't have the patience or the time
to be able to
take pictures of a watch and put it on
ebay or put it in the watch forums
no they need cash right now so a lot of
times these people will go down to their
local pawn shop
or a state shop and offer their watch
for sale because they need the cash
and so a guy like me who can go develop
relationships
with some of these local brick and
mortar retailers like these pawn shops
and these estate shops
if they know who i am and they know that
i'm in the business of paying them a
fair price
for a luxury watch then i'm one of the
first people that they call
and oftentimes guys i get great deals
on watches because of that the next
thing for me i had to figure out
as it related to remarketing these
watches online was
you know where would i sell them at you
know who who would be my customer
and for me it was ebay and it was the
watch forums
those were my two main places
i would remarket my watches and and had
great success
especially on ebay you got to understand
you know ebay
is a platform that's global not just
people here in the united states it's
people all over the world
that have access to your inventory or
your
product or service whatever it is
you have a global market using ebay so
that was the main platform i used in
order to market my
or remarket my watches that uh that i
wanted to resell those are the two
things guys
you'll need to figure out you'll need to
figure out how do i buy these watches
at a deep enough discount so that when
i'm ready to sell it
ready to move on from it i can do that
and make a profit
and then the second thing is is where do
i sell these watches at
and i know some of you guys are just
trying to find a way to supplement
or create additional income and i would
tell you look at your hobbies
look at your passion figure out if
there's a way for you to create an
income stream
out of that hobby or out of that passion
like i did with with my watch passion
um dig into that find out if that avenue
exists for you
if it doesn't pick up a hobby that you
can
do that with i mean it's not there's
nothing wrong with having more than one
hobby or more than one passion well all
right guys
i just want to say thank you for
checking this video out i hope it was
helpful i hope it answers some questions
around what i do and what my passion is
for watches and i hope you guys
figure out what your passions are and
see if you can monetize them if you're
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you guys keep chasing your greatness and
i'll catch you on the next video
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