I bought a FAKE Rolex... and it changed my life!
Summary
TLDRThe speaker shares their journey from wearing a fake $20 Rolex to purchasing a genuine rose gold Daytona Rolex for over $30,000 impulsively at an airport, symbolizing their leap into success. They reflect on the importance of projecting an image of success to gain confidence and how it helped them in their real estate career. The speaker also emphasizes the value of finding common interest groups to network and build a successful career, highlighting the story of an agent who runs with the blind and built a thriving business through it. They conclude with the bold move of their company's first office, taking over the Tommy Hilfiger headquarters in SoHo, as a statement of their ambition and success.
Takeaways
- 😀 The speaker initially purchased a fake Rolex for $20, thinking it would help him appear successful and boost his confidence in his early career.
- 💰 The speaker's first genuine Rolex, a rose gold Daytona, was impulsively bought at an airport for over $30,000, reflecting a shift in his financial situation and mindset.
- 🏢 The speaker believes that success in real estate, especially in New York City, is associated with material symbols like Rolex watches, which he initially couldn't afford.
- 👕 He describes his early struggles, living in Koreatown and sharing a bathroom with many others, contrasting with the image of success he aspired to project.
- 🤔 The speaker reflects on the psychological impact of wearing a fake Rolex, comparing it to wearing shapewear for self-improvement and motivation.
- 🏋️♂️ To overcome his lack of connections, the speaker joined multiple gyms to meet potential clients and build relationships, highlighting the importance of networking.
- 🏡 He emphasizes the value of finding common interests and building genuine relationships, rather than just selling, to attract clients in real estate.
- 💼 The speaker's real estate firm started during the COVID-19 pandemic, choosing to project an image of success by leasing a prominent office space in SoHo.
- 🌐 He mentions the changing perceptions of success, noting that in 2020, social media presence and actions are more telling of success than material possessions.
- 🚀 The speaker encourages finding and leveraging unique interests to create a niche and build a client base, using the example of an agent who runs with the blind.
- 📈 Success begets success; projecting an image of success is crucial, as it can attract more opportunities and clients, according to the speaker's experiences.
Q & A
What was the cost of the narrator's first Rolex watch?
-The narrator's first Rolex watch, which was fake, cost him twenty dollars.
Why did the narrator initially buy a fake Rolex watch?
-The narrator bought a fake Rolex to project an image of success and to boost his confidence in the early stages of his career in New York City.
How much did the narrator spend on his rose gold Daytona Rolex?
-The narrator spent just over thirty thousand dollars on his rose gold Daytona Rolex.
What was the narrator's motivation for buying the expensive Rolex at the airport?
-The narrator made an impulsive purchase to project an image of success and to embody the success he aspired to achieve.
What was the physical effect of wearing the fake Rolex when the narrator was sweaty or wet?
-Wearing the fake Rolex would turn the narrator's wrist green due to the plastic material when he got sweaty or wet.
Why did the narrator believe that wearing a fake Rolex could help him become successful?
-The narrator thought that by wearing the fake Rolex, he could build himself up to the point where he could potentially afford the real thing, similar to how shapewear can make one feel better.
What was the narrator's living situation when he first moved to New York City?
-The narrator lived in Koreatown, sharing a bathroom with 17 other guys, and was not from New York City.
How did the narrator meet potential clients in the beginning of his career?
-The narrator met potential clients by going to multiple gyms around New York City, where he could help people out and build friendships that could lead to business.
What strategy did the narrator use to find a common interest group in New York City?
-The narrator used gym memberships in various locations to find a common interest group and meet people who could potentially become clients.
How has the perception of success changed since 2008 according to the narrator?
-The narrator suggests that society has become less materialistic since 2008, with success now being associated more with actions and social media presence rather than material possessions like watches.
What was the narrator's approach to projecting an image of success for his real estate firm?
-The narrator chose to lease the entire Tommy Hilfiger headquarters in SoHo, a four-story building, to project an image of success and ambition for his real estate firm.
Outlines
💰 The Evolution of Success: From Fake to Real Rolex
The speaker reflects on their journey from wearing a fake Rolex to purchasing a genuine one, symbolizing their transition from a struggling real estate agent to a successful entrepreneur. They recount the significance of a Rolex in the New York City real estate scene and how it influenced their perception of success. The narrative delves into the psychological impact of wearing a fake Rolex to boost confidence and the eventual realization that success is not just about appearances but also about the hard work and hustle that leads to genuine achievements.
🏋️♂️ Building Confidence and Networks Through Shared Interests
In this paragraph, the speaker discusses the importance of confidence and networking in achieving success. They share personal anecdotes about how they leveraged shared interests, such as gym memberships, to build relationships and find clients in the real estate industry. The speaker emphasizes the value of surrounding oneself with supportive and successful individuals who can elevate one's own success. They also highlight the strategy of projecting an image of success, as exemplified by their decision to establish their company in a prominent location, which serves as a bold statement of their aspirations and accomplishments.
Mindmap
Keywords
💡Rolex
💡Success
💡Impulse Purchase
💡Confidence
💡Materialism
💡Perception
💡Networking
💡Hustle
💡Image Projection
💡Authenticity
💡Self-Motivation
Highlights
The speaker's first Rolex was a fake, costing only twenty dollars, which was purchased to give an impression of success.
The current Rolex, a rose gold Daytona, was bought impulsively at an airport for over thirty thousand dollars.
The speaker associates wearing a Rolex with the perception of success, influenced by media portrayals.
The fake Rolex served as a confidence booster and a symbol of future aspirations.
The speaker's experience as a real estate agent in New York City, where having a Rolex is seen as a status symbol.
The speaker's realization that success and appearance can be self-fulfilling prophecies.
The transition from wearing a fake Rolex to an authentic one as a sign of personal and professional growth.
The speaker's current reluctance to wear the expensive Rolex in front of clients due to changed perceptions.
The shift in societal values from materialism to more intangible measures of success.
The speaker's strategy of joining gyms to meet potential clients and build relationships.
The importance of finding common interests to establish trust and rapport with clients.
The concept of projecting an image of success to attract similar success in business.
The decision to lease a prominent office space as a bold statement of the company's ambitions.
The belief that success breeds success and the importance of associating with successful people.
The idea of creating a membership group or community around a shared interest to foster business opportunities.
The story of an agent who built a successful career by running with the blind and networking through this activity.
The speaker's emphasis on the importance of surrounding oneself with positive and uplifting influences.
The analogy of the fake Rolex to other forms of self-improvement, such as wearing shapewear for motivation.
The speaker's philosophy on not waiting for success but actively pursuing it, as evidenced by the company's early decisions.
Transcripts
this Rolex cost me thirty thousand
dollars but my first Rolex ever cost me
twenty dollars and it was fake
right now I'm wearing a Rolex watch this
is a rose gold Daytona Rolex I actually
bought it in an airport I know I know I
know but it was one of those impulsive
moments I think it was like just over
thirty thousand dollars put it on a
credit card because up until that moment
I was so terrified one to spend money
because I came from a world of where I
didn't have any of it and two I had a
Rolex actually before that because I
thought when I moved to New York City
Rolex watch meant success you know you
see movies and they give Rolexes to
Executives as gifts man you must be
successful I'm in khaki pants cowboy
boots I got my green collared shirt on
tucked in I live in Koreatown I share a
bathroom with 17 guys if I could appear
to be successful that might give me the
confidence that I need internally to be
a success and so before I bought this
watch I actually had a Rolex that cost
me I think just about twenty dollars it
looked like this from afar up close it
was definitely plastic and if I got
sweaty or I got a little bit wet my
whole wrist would turn green
from afar
it looked kind of real early on in my
career especially because I didn't have
experience
because I didn't live in a nice place I
didn't have a car I didn't have nice
clothes when I saw that fake Rolex I
thought if by wearing this fake Rolex
maybe I will become future me before I
know it because if I don't carry it
around and I don't wear it then it's out
of sight out of mind and I'm not
building myself up to ever be at a point
where I could potentially afford the
real thing maybe like wearing shapewear
makes you feel a little bit better and
maybe that's okay are you lying to
yourself no are you making yourself feel
a little bit better to get through a
really really difficult time in your
life so that you can motivate yourself
whether that's making yourself feel
better so that you can go to the gym and
lose weight so that you can quit smoking
so you can go to school so you can do
whatever you want and for me it was I'm
a young real estate agent in New York
City successful agents in this city all
have Rolexes I don't have one I can't
afford one but I'm gonna have the
appearance of having one and it helped
me a lot I have no shame in my game I'm
not from New York all the cards were
stacked against me in this city when I
got here there's still stacked against
me I'm still not from here starting a
real estate firm in New York City in the
depths of covid going up against
billionaires and public companies all of
the decks are all stacked on top of my
head
but that's okay I don't think I'd have
it any other way if I start acting like
I'm the kind of person that is
successful enough to pick up a Rolex at
an airport on a credit card and not even
thinking about it and maybe I will be
that person before I know it and it was
a terrifying purchase brutal but I also
didn't care
because I had just wheeled myself into
success with a little thing like this
little Comfort bracelet and now now I
never wear this watch I wore it today
because Diego told me to other than that
I keep this locked and hidden away I
can't wear this in front of clients you
know it's wild how your perception
changes and listen the world has changed
a lot in 2008 we were far more
materialistic than we are today now when
I look at successful people you know my
eye doesn't go directly to their watch
sometimes it goes directly to their
follower account right sometimes it goes
directly to things that didn't even
exist in 2008 when I got into this
business it can be also what you do so
one of the other things that I did when
I first got started in the business and
I'm not from New York City is I said
okay I gotta find a common interest
group I didn't really have any friends
here so I didn't have other friend
groups I was kind of by myself and I
knew a lot of people that would want to
be actors and those were not good real
estate clients unfortunately and so the
one thing that I did was I would go to
the gym I'd work out okay so I can meet
people there great I want to meet all
the people in New York City who work out
so I got multiple gym memberships around
New York City and I would work out at
multiple different gyms and try to meet
as many people as I could in all those
gyms there's an equinox in SoHo on
Prince Street where I first started
meeting people who could afford to live
in SoHo boom sometimes those guys needed
like a spot when they were benching
great and then you create a friendship
people hate being sold but they love
shopping with friends and then you drop
the hints yeah I work in real estate
what do you do oh you're in private
equity
nice let me know when you're ready to
buy or sell I'm your guy and then I'd
run up I'd run uptown I'd go to a gym on
the upper west side because I want Upper
West Side townhouse clients and so I
found my interest groups wasn't just
what I had it's also what I did that got
me to the confidence level to put myself
in situations where I could take myself
to who I wanted to be two years from
today otherwise how am I going to meet
all those people I've had to hustle to
make every single dollar I've ever made
from day one and I don't I don't know
any other way so maybe for you it's
something different where are you
getting lunch every day maybe there's a
different place that you can get lunch
maybe it's where you go to vacations
with your family maybe it's where you
take your wife out on dates maybe it's
where you go to the gym you have an
interest that you haven't really soaked
up enough that you could create your own
membership group start with a Facebook
page turn that into live meetups and now
you're doing Runners circles we have an
agent here who runs with the Blind and
has built a huge career off of it and
training run years through Central Park
and she's gotten client after client
after client through that and this
evolves
you always want to surround yourself
with people who don't bring you down you
want to surround yourself with people
who bring you up
the better deals you do you want to
surround yourself with people like them
so they can refer you to a client after
client or client you always want to
project an image of success it's
incredibly important because success
begets success you might be the greatest
orthopedic surgeon of all time but if
people don't know that and you're always
kind of down
I don't think I want you doing surgery
on my shoulder I'm probably going to go
to the person who I know has had a lot
of success and this can all be
modernized the fake Rolex that made me
feel better until I got the real thing
2020 we started our company and I could
have gone into a nice small little
office maybe even a co-working space
would have been fine would have been on
budget would have been safe they said
nope we need to project an image of
success go big or go home so for our
first office we took the Tommy Hilfiger
headquarters in SoHo
four-story entire building no real
estate firm has that in New York City
our office is bigger than Prada that was
a big move
now it costs a lot more than a fake
Rolex but it's a big flag to plant
to project where we're going to be in
two years from now because I'm not
willing to wait life is way too short
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