Young entrepreneur marks success with high-end watch purchase (Part 2)
From The Daily
entrepreneurshipluxury goodsE-Commerceyouth successfinancial independence
Transcript
With a shadow on his upper lip. Not so much like he needs a shave. More like someone should probably teach him to shave. The shorter guy tries on a Rolex with a brown face. The taller guy passes on the Rolexes. Honestly, I'm more of an A.P. kind of guy. I was looking at this silver one right here. Yeah. AP Audemars Piguet Ultra Luxury. They start talking prices. David the salesman says he's asking roughly $44,000 for the AP and then the Rolex. This model is known as a chocolate stick. I'll do seven. It's your first watch. I'll do 17. Five on the chocolate stick. Yeah. And you guys take Apple Pay, right? As long as you have your ID on you today. Yeah. Id. I have a picture. I need a physical id. Unless you do cash. I can spot you. I can spot it for you. No, I'll spot you. Don't worry about it. Are they friends? Relatives? Why is one offering to spot the other? Ready to lay out, what? 60 grand without breaking a sweat? Who does that? Who are you? My name's Grayson. Are you a famous person? I don't. I would. Some people might say that I would, but how would I know? Yeah. Tell me who you are. We do E Commerce, so we sell products online, primarily. This is my friend Molad. He's 17 years old and crossed his first milli, which is really impressive. So he's coming in to buy celebrate by buying his first Rolex. You're 17 years old. Is that why you don't have an ID? Yeah, pretty much. I don't know what crossed his first milli means, but I did learn that Milad is from Afghanistan. He immigrated with his family to Virginia and then dropped out of school at 15 to do E Commerce full time. And he's made so much money his parents no longer have to work. That's what he told me. He'd never met Grayson in person before, but they'd been working together to sell stuff online through Shopify. Grayson's 26. He told me he was the financial forecasting guy and that Milad is the brand owner. What is the brand? What do you make? Don't tell him you're going to go to jail. Remember we talked about this last night? Oh, number wise? No. Like, what is it that you sell? Well, you tell me. Supplements. They say you sell supplements. Supplements? Things that you eat? Yeah. Dietary. Dietary supplements. I don't understand. All of this sounds shady to me, but no one else seems concerned. Maybe if you're used to. It's only money kind of money, then anything is possible, including risking a of lot.