I SOLD 100 Rolex Watches: Huge Business Updates

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TIMESTAMPS:
00:00 - Intro
00:19 - What's Going Well
01:59 - Best Selling Watches
02:52 - What's Not Going Well
04:22 - Employing Staff
05:59 - Worst Selling Watches
08:38 - Balancing Work & Life
10:32 - Top 3 Goals
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[@danielleviel]

I own a rolex Daytona that I bought in Iran back in 1998. It's still in perfect running condition, and I remember the excitement of purchasing it like it was yesterday. Given the current fluctuations in the watch market, I'm curious to find out how much it's worth today. I'm planning to do a little research to see its true value now. It's fascinating to think about how the worth of these timeless pieces can appreciate over the years, even amidst a volatile market.

[@borisVladimir2]

Great that will fetch you some cash. *I used to be a collector, but I liquidated my collection to venture into real estate. In January, I acquired homes in Malibu for $55million, and the returns on investment far exceed what I earned as a collector.

[@tobiasJason-gl1sc]

How did you grow your portfolio to $55m, I'm impressed, I have a lump sum in the bank, the rates are not impressive so I'm moving it, what's your cash flow like?

[@borisVladimir2]

I have a financial advisor (trader) she grows my liquid assets and I reinvest the weekly payouts back into real estate and long-term ETFs.

[@tobiasJason-gl1sc]

Sure, could you please share her name with me or any details so I can look her up online? Thanks!

[@borisVladimir2]

She is well known as - Diana Leayani Lara. please do your own research.

[@iainwilson9878]

Well done Phil. Having bought 2 watches from you I wish you every success for the future.

[@JohnSmith-x8u]

Smashing it mate well done

[@mraksuperk]

Has anyone ever tried selling you fake watches Phil ?

[@mxrider429]

How do you authenticate your watches?

[@tonytraveller7218]

If you love your job and really enjoy what you do, whilst it’s still a job it sometimes doesn’t feel too bad. Thank you for the insight and sharing. Positive to see you’re at a tipping point in order to grow and a need to expand

[@mraksuperk]

I wish you the very best with the business and hope it’s a huge success story as you have put in a lot of sacrifice and effort 🙏 One of my favourite YT watch guys and would defo do business with you Phil

[@davidbrown9947]

Phil , who, how, and when do you get watches authenticated...

[@jonathansmith283]

PR - in the last 3-4 months have you sold many rolex JC 's ? - may you had much interest in the JC ? curious ty ~ JDS/CT

[@UserKR13]

Its mind boggling how people trust this guy enough to buy when 1. Deals are done in public space. 2. He does no authentication during purchase 3. He doesn’t check the condition of movements 4. He pulls out APs out of a plastic bag

[@johnhumphreys51]

You don't know what you are talking about mate & why are you even watching this channel then? I know nearly every grey market seller & this young guy knows exactly what he is doing. He doesn't show you half of what he actually does. This young guy is no mug mate

[@husnainshah443]

Wow Phil I am so proud of you! You genuinely are working so hard and crazy to see the journey as I have been watching you from the start! Keep it up man!

[@harleyac7695]

@philreid Interesting one for you Phil, one of my local AD’s just lost their contract with Rolex, I was talking with the owner and he told me Rolex are reducing the amount of AD’s they have so that they have less stores to send stock to. Have you seen this anywhere else?

[@alexthompson168]

Well done Phil

[@marklogrande477]

Where do you buy the majority of your inventory?

[@ericp1139]

China

[@BigHAL9001]

From people who like selling their watches cheap to a 'back pack' dealer, who then sells them on to other people who like paying a lot more. 😂

[@zanazco]

Phil, love that jacket! Congrats you deserve it mate .

[@johnswick7108]

I don’t quite understand the gmt craze. I bet 90% of people aren’t even using the function. lol I know some are. And I realize a lot of rolex buyers tend to be business people so they are more likely to use a gmt function. But I truly believe most people don’t even use it.

[@relaxstressreliefmusicchan6377]

Very transparant. Ever thought to move to dubai? Would be happy to meet you and grab a coffee.

[@russcornfield4241]

Yes right👎🏾

[@elgrid25]

Watch market it’s dead

[@vabbe71]

This young man is very intelligent and Friendly and definitely deserves more support. PLEASE LIKE 🎉❤

[@theprivatecollectors]

I am surprised by the amount of haters in this comment section. This is just a guy who sells watches and makes money. So what..?

[@elgrid25]

Watch market it’s dead ! Stop stop calling lollipop suckers to the market watch market is dead no more free money

[@ektrolleyboy]

Get a car! Why piss-about with trains?!

[@hudson701]

You obviously don't live in central London.

[@pjchling8088]

And pigs flew😂

[@geezer8294]

Hope you paid your taxes?

[@naughtynightlifeasia857]

Can’t see a VAT number on his website?

[@Jasperroodog]

No VAT reg number on website , HMRC looking closely at

[@naughtynightlifeasia857]

@@Jasperroodog I said the same thing but it got deleted !

[@UserKR13]

This guy obviously doesnt pay taxes. He does his deals on the street lol

[@naughtynightlifeasia857]

@@UserKR13 he’s deleting comments now about his VAT status !

[@timrthoward7007]

Nonce

[@Nick-jn3mm]

Luigi has forgotten his medication again. Think the men in white coats are knocking at the door.

[@martinboulden4388]

BS

[@2GoodLookin]

Well I think for the past 3 years, buyers are getting fed up with all Rolex ADs and the big Gray market flippers. Even though he's small time and little more risky, he's giving them what we want at a lower price so people willing to take a chance. So Phil, what do you think?

[@MaryDoherty-q6b]

New friend here sending may full suppor mamacoo 's watch，Worth

[@JohnSmith-x8u]

Smashing it mate well done