The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

The Entrepreneur's Forum for learning how to build wealth and financial freedom the Fastlane way!

Say "NO" to mediocre living rife with jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence. Join our forum with more than 70,000 entrepreneurs who are making it happen.
Join for FREE Today
Get the books
Remove ads? Join Fastlane INSIDERS
(Registration removes this block)

What a broken down Breitling watch might tell you about yourself.

Danny Sullivan

Bronze Contributor
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
202%
Jul 2, 2018
204
413
Germany
As i turned 19 i took a decent amount of money (for beeing in vocational training at a local tuning parts manufacturer) and bought a Breitling watch.

I did so because i already had a nice car and wanted people to recognize "I am someone" when my car is not around. Yep...

This is how i valued luxury items like a watch in that time.

Fast forward to this day and the struggle i had over the past 6 years i was not wearing this watch for 5 years until recently. But the battery was dead.

So i brought it into a luxury watch store in my city. Turns out the battery leaked and destroyed the mechanic inside the watch.

Now picture me, standing there with the most cozy but not rugged looking jeans, shoes and top i found that morning, inmidst people dressed like they're heading to the opera - where even the salesman drive Porsche at least, wear suits or dresses and obviously expensive watches or jewelry (40k millionaires?).

The lady infront of me is explaining me what's wrong with the watch and that it needs to be send to Breitling directly so that they can repair it. But there's a catch:

Lady: "We need to send your package value insured and Breitling itself will provide you with a costs estimate on what needs to be done to repair your watch."

Me: "And how much would that probably be?"

Lady: "It's 65 € for the value insured package and around 85-150 € for a costs estimate from Breitling. But the value of the watch is sure worth it."

Me: "Yeah, the value of the watch is sure worth it, but my understanding of value is not. I'll take the watch with me again. Thanks for your efforts."

Almost everyone in the store was looking at me, as if they'd pity or belittle me for not spending that "small" amount of money on a watch.

15 years later from buying this watch with superficial intentions, this has become completely irrelevant to me, because my priorities changed. There are so much more useful things that i can do with probably 800-1000 € in my pockets, rather than repairing a thing that shows time and looks nice on my wrist.

So next time you find yourself in an "hostile environment" where you're obviously acting "out of sidewalkers script", take a step back, overcome the uncomfortness of the situation and think "does this really matter to me? or am i doing this for superficial reasons?"

This was a great lesson for me and i'm glad it happened like it did.

I packed the watch back into its box, put it into my wardrobe and never spent a single thought on it again.
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

Healthfulness

Bronze Contributor
User Power
Value/Post Ratio
222%
Oct 7, 2018
49
109
Denmark
Ca
As i turned 19 i took a decent amount of money (for beeing in vocational training at a local tuning parts manufacturer) and bought a Breitling watch.

I did so because i already had a nice car and wanted people to recognize "I am someone" when my car is not around. Yep...

This is how i valued luxury items like a watch in that time.

Fast forward to this day and the struggle i had over the past 6 years i was not wearing this watch for 5 years until recently. But the battery was dead.

So i brought it into a luxury watch store in my city. Turns out the battery leaked and destroyed the mechanic inside the watch.

Now picture me, standing there with the most cozy but not rugged looking jeans, shoes and top i found that morning, inmidst people dressed like they're heading to the opera - where even the salesman drive Porsche at least, wear suits or dresses and obviously expensive watches or jewelry (40k millionaires?).

The lady infront of me is explaining me what's wrong with the watch and that it needs to be send to Breitling directly so that they can repair it. But there's a catch:

Lady: "We need to send your package value insured and Breitling itself will provide you with a costs estimate on what needs to be done to repair your watch."

Me: "And how much would that probably be?"

Lady: "It's 65 € for the value insured package and around 85-150 € for a costs estimate from Breitling. But the value of the watch is sure worth it."

Me: "Yeah, the value of the watch is sure worth it, but my understanding of value is not. I'll take the watch with me again. Thanks for your efforts."

Almost everyone in the store was looking at me, as if they'd pity or belittle me for not spending that "small" amount of money on a watch.

15 years later from buying this watch with superficial intentions, this has become completely irrelevant to me, because my priorities changed. There are so much more useful things that i can do with probably 800-1000 € in my pockets, rather than repairing a thing that shows time and looks nice on my wrist.

So next time you find yourself in an "hostile environment" where you're obviously acting "out of sidewalkers script", take a step back, overcome the uncomfortness of the situation and think "does this really matter to me? or am i doing this for superficial reasons?"

This was a great lesson for me and i'm glad it happened like it did.

I packed the watch back into its box, put it into my wardrobe and never spent a single thought on it again.
Can't you fix It and resell for higher price?
 

Danny Sullivan

Bronze Contributor
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
202%
Jul 2, 2018
204
413
Germany
Ca

Can't you fix It and resell for higher price?

Maybe,... i think it would be possible but i haven't looked into selling used / repaired luxury watches. But even if it sounds stupid, i'll keep this one around as a reminder.
 

Healthfulness

Bronze Contributor
User Power
Value/Post Ratio
222%
Oct 7, 2018
49
109
Denmark
I
Maybe,... i think it would be possible but i haven't looked into selling used / repaired luxury watches. But even if it sounds stupid, i'll keep this one around as a reminder.
I actually thought that you might keep It as reminder, I think that's totally fine, you will make that amount It cost dozens or hundreds of times :D
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

Stargazer

Gold Contributor
FASTLANE INSIDER
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
171%
Mar 8, 2018
656
1,119
England
Huh?

Luxury Watch Repairs

These guys send a free 'insured up to £25,000' box for you to post your watch and do a free appraisal and then advise on costs of repair.

So the cost to you to get the exact quote is zero.

Can't believe Germany does not have similar luxury watch repairers.

They have an online chat facility you can use to start ball rolling, you could at least use that for free.

Dan
 

MJ DeMarco

I followed the science; all I found was money.
Staff member
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
User Power
Value/Post Ratio
418%
Jul 23, 2007
35,885
150,141
Utah
Aren't Breitlings expensive?

Point is ... reckless consumption for the sake of vanity can cause more reckless consumption. ;)
 

Kak

Want to be an entrepreneur? Knowledge and Grit.
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
User Power
Value/Post Ratio
439%
Jan 23, 2011
8,985
39,430
33
Texas
The money allergy!

So so so many people are sidewalking idiots. Good post and nice story.

Luxury brand cars are my favorite to berate sidewalkers for. They are the exact market 9/10 of these cars are developed for. 50k employees think they are big shots in their 3 series or CLA Mercedes... in reality, they are pathetic. It's insane to me. I have radar for that bullshit a mile away.
 
Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.
Last edited:

ZCP

Legendary Contributor
Staff member
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Rat-Race Escape!
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
User Power
Value/Post Ratio
334%
Oct 22, 2010
3,483
11,627
Woodstock, GA
Take it out and display it on your desk. That story may help you land a massive business deal.
 

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

Must Read Books...

must read books
Download FREE and share!
Download
Explore books recommended by MJ DeMarco and other members of the Fastlane entrepreneurial community.
Fastlane Bookstore

Latest Posts

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top