4.7 • 1.2K Ratings
🗓️ 18 December 2019
⏱️ 65 minutes
🧾️ Download transcript
Pejman ‘PJ’ Ghadimi and JB discuss the best “life hacks” for aspiring entrepreneurs and hustlers. If you like expensive watches and tricked-out cars, you need to check this out.
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0:00.0 | And I was the guy that would show up at the club with the, you know, |
0:02.2 | Lamberganian, everybody would like open the doors and like do that. |
0:05.0 | And I started realizing that everybody knew me for my cars, but nobody knew me for me. |
0:08.5 | Right. And so that started bothering me a lot. I was like, if I died tomorrow, |
0:12.0 | I'm only as good as the next guy to |
0:13.3 | show up with a better car, you know because then someone's going to not do me. So I |
0:17.0 | started really rethinking why I was what I wanted to happen out of my life |
0:20.9 | and the one thing that really was a theme in my life entirely was mentorship. |
0:24.8 | I had like the reason I was super successful in banking in my investment company and everything else was always |
0:29.4 | because I was really good at teaching and training people. J.B. The Wolf is in the house at the Wolf's den back from my month long |
0:50.7 | on this month long tour. It's good to be back. Got a great guest here. |
0:55.0 | Pedgeman, Kedimi, but PJ or fucking PJ. |
0:59.0 | I understand stick with PJ though. |
1:01.0 | You seem like an awesome dude though. So PJ is an expert at alternative investments and also is a very |
1:10.1 | successful business of coaching and mentoring young entrepreneurs. |
1:13.7 | I want to focus in on both those. |
1:15.4 | I want to start off though with the all-term investments. |
1:18.6 | Specifically, you're in an area that I knew existed, I know much about which is watches so in |
1:25.8 | buying and selling and trading watches and also an exotic automobiles which I've had |
1:29.8 | my share but let's start with the watches here and explain exactly what this |
1:34.2 | business is. So watches in general there's a couple of sets to what I do with watches |
1:38.8 | but the basic idea is that I've never met a poor jeweler you know when I was growing up I always met these jewelers and they all had a lot of money. So I started wondering like what do they what are they doing and how do they make their money? And I started realizing that the watch market was this giant like watch conspiracy where there were huge margins like almost 80 90% sometimes |
... |
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