We're Offering a $10,000 Grant to Celebrate 100 Years and Help Another Baltimore Family-Owned Business Grow! Learn More

Baltimore (410) 837-0290
Washington, D.C./Chevy Chase (301) 718-4825
Northern Virginia (703) 714-9553
Go Back
Charm City Life

Phelps Swims Where the Money Is

Jan 7, 2009

Michael Phelps, Baltimore’s famed swimmer extraordinaire, recently signed a deal to be Mazda’s spokesperson in China. Talk about making lemonade out of lemons (my apologies to Mazda drivers)! After several huge endorsement deals in the US with companies such as AT&T, Visa, and Kellogg’s Cereal, Phelps is pursuing “a unique opportunity that is in line with (his) overall strategy of developing a relevant marketplace for (him) in China.”

I think we can all take a lesson from the one of Baltimore’s most storied and gifted athletes. Not that he needs the money, but with a huge opportunity in front of him, he has chosen to “ride the wave” of his fame where it makes the most sense. With the US sending so much of its business to China in the last 10 years, the Peoples Republic has seen economic growth beyond imagination. They have the resources to continue consuming at an increased rate. Mazda knows that and so does Michael. So, for those of us trying to either make ends meet or capitalize on business opportunities, be like Mike. Look outside your narrow world and find places where spending is still growing, or at least not drying up. For us, that means capitalizing on the availability of diamonds and fine jewelry from suppliers that are eager to move inventory, and then passing those great deals on to our customers. And remember, Michael Phelps didn’t win 8 Gold Medals by himself. It took teamwork. So use the networks and friends you have to find help and support in your business endeavors. Get on Facebook (if you aren’t already), send emails, whatever it takes to stay in touch and stay relevant. I wish you all the best of luck in these challenging times!

Read The Latest News From Samuelson's

 4 Jewelry Myths Debunked: The Truth Behind the Myths

May 2, 2022

With hundreds, even thousands of years of stories about gemstones and metals, it’s no wonder that there are some jewelry myths that continue to pervade our general understanding. Fortunately, we’re here to help you debunk them so you too can be an…

Read More

SAMUELSON’S DIAMONDS CELEBRATES 100 YEAR ANNIVERSARY

Apr 6, 2022

SAMUELSON’S DIAMONDS CELEBRATES 100 YEAR ANNIVERSARYEstablishes $10,000 Grant in Honor of Centennial to Help Other Baltimore Family-Owned Businesses Grow Samuelson’s to Host Celebratory Party at Peerce’s in May and Announce Grant Recipient BALTIMORE…

Read More

6.18 Carat Yellow Diamond Halo Eternity Band Ring

Mar 23, 2022

Many people know Samuelson’s for the gorgeous jewelry we sell, along with the vintage and estate pieces we purchase. But did you know that we also dabble in design when the opportunity presents itself? It allows us to flex our creative muscles and reimagine…

Read More

5 Reasons Why Rolex Watches Are So Expensive

Mar 23, 2022

What makes Rolex watches so expensive?  Chances are, you’ve heard of the luxury watch brand, Rolex. There’s the one watch made famous by Paul Newman - the Rolex Daytona. Or there's another watch made famous by Pan Am, the Rolex GMT. Rolex watches…

Read More

Stay In Touch

Shopping Cart

Search