Making $20M/Year as a Jeweler in DTLA

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  • Опубліковано 1 чер 2024
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    In this video, we meet self-made millionaire Sam Karmiel, a diamond mogul who built an 8-figure business from the ground up. Sam reveals his incredible journey, from his humble beginnings on an Israeli farm to selling millions of dollars worth of diamonds in downtown Los Angeles to the ultra-wealthy.
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    Be sure to watch this video all the way through as Sam shares the many secrets of his success and tons of advice for aspiring entrepreneurs. You'll learn how he went from $50,000 of saved-up money to a staggering $20 million per year business, the challenges he faced along the way, and the strategies he uses to stay ahead of the competition in the current diamond industry. This interview is packed with valuable advice for aspiring entrepreneurs, and a special shoutout to Sam for allowing me to come to his office!
    If you liked the video and you want to see more interview videos like this, check out my other videos:
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    I hope you guys found this video helpful, and if you did, please SHARE it with a friend or family member who you think could benefit and also LIKE and subscribe for more videos like this in the future! Thank you for watching, and I hope you have a great day!
    - Charlie
    #Millionaire #Diamonds #Business
    Timeline:
    0:00 - Intro
    2:29 - Sam Karmiel's Story
    3:31 - His Clients
    4:09 - His Biggest Diamonds Sold
    4:50 - His First 100 Days of Business
    6:47 - Bluehost
    7:34 - Biggest Lessons Learned In Business
    8:04 - His Business Profits
    9:36 - Sam's Diamond Factory
    10:39 - Sam's Diamond Safe
    12:06 - His Craziest Story in the Diamond Industry
    12:33 - His Advice For Aspiring Entrepreneurs
    13:29 - His Marketing Strategy
    14:33 - The Most Challenging Part About His Business
    17:58 - How He Invests His Money
    19:58 - Conclusion
    Disclaimer: Some of the links above may be affiliate links, which means that if you click on them, I may receive a small commission. The commission is paid by the retailers at no cost to you, and this helps to support our channel and keep our videos free. Thank you!
    In addition, I am not a financial advisor. Charlie Chang does not provide tax, legal, or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your own due diligence before making any financial decisions.
    ► My Instagram: / charlie__chang

КОМЕНТАРІ • 35

  • @CharlieChang
    @CharlieChang  15 днів тому +3

    Wearing $1.1M of jewelry 😅 had me scared for my life - this was a super insightful interview with Sam and I want to thank him for spending the day with me and sharing his knowledge and story. The question is - which was your favorite piece of jewelry from his collection?
    -Charlie

  • @ranchokitty1
    @ranchokitty1 15 днів тому

    Great Stuff Charlie, but I wouldn't go near DT LA these days!

  • @MartinsB-dj7vd
    @MartinsB-dj7vd 13 днів тому

    I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k,but guess what? I put it all back and traded again and now I am rounding up close to a million

  • @miriamstrauss
    @miriamstrauss 14 днів тому +1

    Love this! Sam is super fascinating and I love that you weren’t afraid to spotlight an Israeli on your channel in the current political climate ❤️ so many people would be too afraid but it shows a strong moral character and backbone on your part. Plus, there was so much value in this video for your audience!

  • @A._Johnson141
    @A._Johnson141 10 днів тому +7

    Praise to God Almighty!!!'m favoured, $140k every 3weeks! I can
    now give back to the locals in my community and also support
    God's work and the church. God bless America ❤❤❤❤

    • @naomimcnair6534
      @naomimcnair6534 10 днів тому

      God bless you more abundantly for your generosity

    • @naomimcnair6534
      @naomimcnair6534 10 днів тому

      But then, what do you do? How do you come about that ir
      that period?

    • @A._Johnson141
      @A._Johnson141 10 днів тому

      It is the digital market. That's been the secret to this wealth
      transfer. God has been good to my household Thank you Jesus

    • @A._Johnson141
      @A._Johnson141 10 днів тому

      And to think that I started with the sum of $18,500 remains a miracle

    • @Adrian22101
      @Adrian22101 10 днів тому

      Please how can I get connected with her

  • @paramjitgaurgaur6308
    @paramjitgaurgaur6308 15 днів тому

    Bullish on Revux expanding merchant partnerships!

  • @binodhkumar7419
    @binodhkumar7419 15 днів тому

    Excited about Revux potential in loyalty programs during presale!

  • @EcomCarl
    @EcomCarl 14 днів тому

    Fascinating insight into Sam world of high-end diamonds! 🌟 His emphasis on the importance of color and clarity over size offers a valuable perspective for anyone interested in the intricacies of the diamond industry.

  • @meecheongkim3980
    @meecheongkim3980 15 днів тому

    You pull up the red color too high. Is it possible to stop around the middle when nail shape is square?

  • @paulmcwilliams1709
    @paulmcwilliams1709 15 днів тому

    Well the buyers on the West Coast can afford those Diamonds, but they all forget that you can't take it with you!!! 😯

  • @saritamalik9948
    @saritamalik9948 15 днів тому

    Revux: Forget the rest, it's a potential moonshot!

  • @jayatripathi6218
    @jayatripathi6218 15 днів тому

    Each new Revux partnership announcement amps up the excitement!

  • @Ankush.factGamer
    @Ankush.factGamer 15 днів тому

    More than crypto, Revux is an industry game-changer!

  • @ASELVAM-vc2zh
    @ASELVAM-vc2zh 15 днів тому

    Investing in presales for huge returns, loving Revux for it!

  • @ReyLewis-dl6df
    @ReyLewis-dl6df 15 днів тому

    What is the best way to make money trading investing in cryptocurrencies??