My $5,000,000 Journey Selling Luxury Watches - HONEST REVIEW

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  • Опубликовано: 7 фев 2025

Комментарии • 66

  • @Lmiester8
    @Lmiester8 Год назад +6

    Went to see this young man. met in a hotel lobby . went to purchase as he said ,quote an unworn Rolex Wimbledon , after taking a friend along with me , found the watch in poor condition. definitely NOT unworn, he has a bad attitude , bragged about not paying taxes properly , hence he said low competitive prices. have reported him to HMRC ,.
    Stay away from this person.
    NOTHING HE SAID FILLED ME WITH CONFIDENCE .

    • @nickc2972
      @nickc2972 7 месяцев назад

      Yeah he’s a con artist, he will get caught soon

  • @stephenEtokakpan
    @stephenEtokakpan Год назад +2

    You are literally my inspiration to start selling watches . I’ve been watching your videos since you interviewed the kids In your old apartment that did drop shipping, I’m also currently pursuing a economics and business major in Birmingham with a passion for watches. Watching your videos inspired me to keep going and find more deals, recently I sold my first ever watch a 2018 Rolex OP black dial back in September and it was so fulfilling.
    I hope one day I could meet you and pick your brain on how to better scale this business and talk a bit about watches.

  • @Dave-zn3gf
    @Dave-zn3gf Год назад +12

    Trying to buy a new watch from you, have enquired through your website and WhatsApp but not heard back. Not a great way to deal with potential new clients…

    • @Lmiester8
      @Lmiester8 Год назад +6

      That's him all over , just a simple CONMAN

  • @eddiepioug
    @eddiepioug Год назад +3

    Really interesting video thank you 🙏🏻
    Two additional things I would like to know are :
    - selling the first watch is okay but then how do manage to get contacts to source the next ones? How hard is it?
    - and how important is it for you the knowledge of the watch world (know if a watch is legit, how to avoid counterfacts, frankenstein watches, etc)?
    Thank you 🙏🏻

  • @waynemoore9951
    @waynemoore9951 Год назад +9

    5 mill in two years, amazed lord sugar hasnt come knocking. What a complete lie, another flipper who knew nothing snout watches 3 yrs ago

    • @Lovemy911
      @Lovemy911 Год назад +2

      🤣🤣🤣 for real this girls a clown 🤡🤡🤡

  • @DannyDanny-f4v
    @DannyDanny-f4v Год назад +12

    WHERE TO START ,
    My brother has dementia ,
    unknown to me went and purchased a Rolex Daytona from this back pack crook
    Was told it was a FULL set , it was not , box looked about 20 years old scuffed etc on a 2023 Daytona .....
    charged my brother £900 for next day delivery , never answered his phone to my brother apparently , always had some lame excuse .
    Then when my brother went to pay for the Daytona , he hiked the price up another £2000 ,makes all other grey dealers look whiter than white .
    AVOID AT ALL COSTS , GE JUST WORKS FROM HOME, OR HIS BACK PACK.
    Seeking legal advice , he will not return our calls ,,
    also in touch with owners of You Tube channel.
    please please don't be another victim of this crook.
    There are plenty of reputable grey dealers out there , that have premises on the high street .
    Thank you for reading .

    • @nickc2972
      @nickc2972 7 месяцев назад

      Sooner or later something very bad will happen to this con man, he’s a clown

    • @batuhanozturk4245
      @batuhanozturk4245 Месяц назад

      @@nickc2972 what?

  • @555Ldns
    @555Ldns Год назад +2

    What a amazing video, such a inspiration I remember when you first started RUclips and only had 5k subs and was working for that tik tok agency. This just goes to show with risk and action from yourself there’s reward. I wish you more success 🎉

  • @IZefhexHD
    @IZefhexHD Год назад +5

    I'm genuinely so inspired by your journey Phil. I'm currently in the process of figuring out my own new way in life at the age of 24. And over the past 3 years I've been working as a mechanic for a big corporate brand, and I feel like I could do so much better for myself. Not only financially, but mentally and physically as well. I myself also have a burning passion for watches and being in direct contact with customers, so it's really speaking to me hearing this story. Thanks for the motivation bud!

    • @husnainshah443
      @husnainshah443 Год назад

      You are going to be a very successful man I can tell! All the best my friend

  • @Sungules888
    @Sungules888 Год назад +2

    Are you going to set up a shop store? Are there any plans for expansion?

  • @timelesssneakersandwatches
    @timelesssneakersandwatches Год назад +1

    Appreciate you sharing this with us. Keep killing it bro 🤙😁

  • @carefreecfc3311
    @carefreecfc3311 Год назад +3

    fair play what a grafter 💥

  • @jameshawe
    @jameshawe Год назад +1

    Good luck for the next couple of years bud!!! Fair play following your heart 👏🏻👏🏻👏🏻

  • @william8855
    @william8855 8 месяцев назад

    Very informative, thank you.

  • @MarkSmith-pd6fk
    @MarkSmith-pd6fk Год назад +29

    Still doesn't explain how you went from making £640 on a £25k watch to a full blown watch business making thousands? Fishy 🐟 as the watch market is dead 🍭

    • @TheUntitledMisc
      @TheUntitledMisc Год назад +5

      He started when it wasn’t dead. His stock is kinda sitting if you follow him at the moment. Its slowed down for sure but still moving. He isn’t gonna tell you the step by step

    • @MarkSmith-pd6fk
      @MarkSmith-pd6fk Год назад +7

      ​@@TheUntitledMisc Ok Anthony, amazing how you're messaging behind bars, that explains it. The watch market is dead, floating in a back yard pool & smelly 🤧 🍭 🪟 🖍️

    • @naughtynightlifeasia857
      @naughtynightlifeasia857 Год назад +7

      He’s full of it. Not even a VAT number on his website!!!

    • @RayRay79
      @RayRay79 Год назад +3

      Go on to Companies House and you can see his 1st year of trading accounts… Doesn’t add up unless he’s had a fantastic year 2.

    • @fredomontana6476
      @fredomontana6476 Год назад +1

      @@DPhoenixPoetit’s not a investment it’s a quick flip

  • @martinboulden4388
    @martinboulden4388 Год назад +17

    There is no way you have turned over £5m in pounds, euros or dollars in the last two years.
    You’re talking nonsense !!
    Companies House shows figures which don’t support your claims in any way !
    Watch Life Ltd
    Just your “Cash in Hand” at the bank at time of submitting accounts is weak.
    Not to mention only £52k in stock !!

    • @rexmundi1812
      @rexmundi1812 Год назад +9

      You only just realised he talks nonsense??? 😂

    • @martinboulden4388
      @martinboulden4388 Год назад +2

      @@rexmundi1812 Ha Ha - Full of BS - Companies House tells us all we need to know ! All the stock on his website is borrowed or he’s selling other grey market stock on their behalf !

    • @rexmundi1812
      @rexmundi1812 Год назад +6

      Just looked at the last full set of accounts filed. So, unless he’s had an incredible year he’s full of it. Or, he’s submitting fictitious accounts and fiddling his tax.

    • @Lovemy911
      @Lovemy911 Год назад +3

      😂😂😂 mans a clown!

    • @benprescott9541
      @benprescott9541 Год назад +2

      It’s just a thumbnail it’s clickbait every RUclipsr does it

  • @peterstorey9000
    @peterstorey9000 6 месяцев назад

    Have you ever been scammed & how did you handle it sir.

  • @mattdrinkwater2900
    @mattdrinkwater2900 Год назад +1

    Your best video ever Phil 👏

  • @arnauddekeyser9160
    @arnauddekeyser9160 Год назад +1

    Very inspiring! More of "real" talk is essential to prove that it's possible. Thanks

  • @londonman8688
    @londonman8688 Год назад +3

    i dont understand how you bought watches during a period of rapid declines and did not lose money ? if tou arew telling the truth that you are gewtting youer watches very cheap or selling them very high

    • @BIG2hats
      @BIG2hats 8 месяцев назад

      Well yeah that’s the whole point of a business. Buy low, sell high

    • @ericp1139
      @ericp1139 8 месяцев назад

      @@BIG2hatspoint is, how is this backpacker able to achieve that when established dealers are having a tough time?

  • @osobad1127
    @osobad1127 5 месяцев назад

    5mil at approx 7% profit margin divided by two years is $175k per year minus taxes and business expenses. Not that great tbh 😊

  • @HelenCrane-jl1nv
    @HelenCrane-jl1nv Год назад +2

    the numbers do not stack up...

  • @ListenToPowerViolence
    @ListenToPowerViolence Год назад +3

    Is the P for Puffter? I kid

  • @apprentice500
    @apprentice500 Год назад

    some good lessons, thanks

  • @theeyesurgeon1
    @theeyesurgeon1 Год назад +1

    been watching since the beginning!

  • @jamierichardson6458
    @jamierichardson6458 Год назад

    How do I contact you as I don’t use social media??

    • @Lmiester8
      @Lmiester8 Год назад

      Please don't make contact , he is NOT to be trusted , lies through his teeth. never answers phone call on withheld number , always making some lame excuse , told me 85% of his advertised watches were NOT his , but selling on consignment .

  • @omerfaruk45
    @omerfaruk45 Год назад +1

    2 years... Wow... Time flies.

  • @ListenToPowerViolence
    @ListenToPowerViolence Год назад +2

    5 mil in 2 years? That's ok quid.

  • @Liztrusslover
    @Liztrusslover Год назад +1

    Looks like a younger version or son of Joe Exotic aka the Tiger King 🐅

  • @MrMattes83
    @MrMattes83 Год назад +1

    hey, tell me ur a rly bad person without sayn... 10/10

  • @TheAmbitiousPeasant
    @TheAmbitiousPeasant Год назад

    For what it's worth, as I was starting my own watch trading business exactly a year ago, I came by your video on starting a watch business and it has been very helpful. I watched that video over and over because it is sooo inspiring and having watched this one now keeps me motivated and is kind of reassuring. Cheers to more success!

  • @ritul89
    @ritul89 Год назад +1

    you should talk to TPG? i hear he needs tips! :D joooooookes!

  • @gregabc5702
    @gregabc5702 Год назад +4

    You should make a video on whether or not your Patek auction scam was a good business move or not! For those that haven’t watched, or may have forgotten, I suggest you watch those videos (if he didn’t already take them down) before giving praise to this business mastermind. Total fraud.

  • @mikkelhansen6614
    @mikkelhansen6614 Год назад

    Anyone catched the "think and grow rich" citation? :D

  • @timshaw1714
    @timshaw1714 3 месяца назад

    Building a non sellable asset. Massive waste of time and effort.

  • @BIG2hats
    @BIG2hats 8 месяцев назад

    But you do LITERALLY trade time for money my guy

  • @dmttruth9060
    @dmttruth9060 Год назад +2

    Con artist

  • @maxphilly
    @maxphilly 5 дней назад

    This video provides 0 value a complete waste of time 👎

  • @joehammond3183
    @joehammond3183 Год назад +1

    You paid vat after selling a watch for 26k?