Watch Trading Academy Reviews (2024 Update): Is Watch Trading Academy Legit?
What if someone on YouTube told you that selling luxury timepieces might earn you thousands of dollars every month?
Would you believe it?
Now, what if the guy told you that you could wear a Rolex, Omega, or Audemars Piguet and then sell them for a profit…
Sell used watches for a profit?
After all, most businesses take at least a year to get out of the red and into the black, and plenty of companies never even take off altogether.
Especially in our crazy economy.
But before we get too far into the weeds, I want to say this first...
This Watch Trading Academy review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.
- Some earning potential if watches are your thing
- Pejman Ghadimi is a seasoned guru
- Focused niche
- $997 is quite a bit to pay for this course
- Profit margins are really low
- Refund policy isn't the best - It takes 14 days to get your money back
Why Listen To UsMy name is Josiah, and this is my Dad, Joel.
Together, we make up the team here at Scamrisk.
If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.
In early 2020, I had just graduated from college & had no real career prospects.
I knew I was destined for something more, but I had no clue how I was going to make it happen.
I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.
I had fiddled around with some different online businesses in college:
Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.
Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.
All I really wanted was to find something that was going to actually work for me.
Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.
So I searched! And searched… and searched… and searched…
And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).
I didn’t really want to be “rich”.
The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.
Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.
I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.
Fast forward a few days and a few phone calls & I was enrolled!
Here’s the first “money making website” I put up:
I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.
The best part to me? My dad and I get to do it all together!
So between the:
Is why I recommend local lead generation as my #1 business model for making money online.
Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.
I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!
Every online merchant aspires to build a successful business…you know, one of those things where product sales continually flow out, revenue grows, and profits climb sky-high.
However, according to Forbes, 80% of businesses fail. While Forbes outlines five reasons for this, some experts have a sixth cause: choosing to focus too much on a niche like making money flipping watches instead of broadening your horizons.
Your online business, whether it’s your new main stream of income or a side hobby – it needs all the help it can get.
Pejman Ghadimi in Watch Trading Academy claims that they have the answers to help you make money.
But is any of it true?
Well, Watch Trading Academy doesn’t exactly fit into a nice category with a bow on top.
At the end of the day, buying and selling watches is a… unique way to think about making money.
It’s certainly possible to make money with an off-the-wall businesses like this, but unless you’re interested in taking years out of your life to experiment on an unproven business model, I would look elsewhere.
There are a handful of programs that show you the ropes, but my #1 choice that combines both of those business models into an industry known as Digital Leasing.
But, if you really like watches, let’s continue on to our full breakdown of Watch Trading Academy.
There are countless information courses floating around the internet.
Because for every problem that exists, someone claims to have the solution.
And that solution is usually some oddball money-making system that tells you how to turn a casual interest - or maybe something you’re super passionate about - into sustainable, reliable income.
Just like Watch Trading Academy. Here’s the hard truth, though…
Most of these programs:
- Take way more time than you’re led to believe
- May have hidden fees
- Require you to buy multiple upsells in order to get the “real” information
But most importantly, a lot of these programs just don’t scale.
“Scale” means once you do the work to make a little money, it should get easier to make more money, not harder.
The problem is, most programs out there make it hard to make money at first and even harder to keep making money.
In other words, you might be able to make some money in the beginning, but it won’t be sustainable, and you’ll end up getting discouraged.
This is the exact opposite of passive income.
When income is truly passive, you do the work upfront, but then you set it and forget it. The money gets made whether you’re working or not. It’s not directly tied to the hours you put in.
So, what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Selling to friends and family
- Selling to strangers
- Recruiting people
- Dealing with questionable products that weigh on your conscience
An income stream that brings in consistent monthly revenues (from a couple of thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day chasing, selling, or managing anything?
If that sounds like something you’d be interested in, check out Digital Leasing.
This is nothing like Watch Trading Academy, and that’s probably a good thing.
However, if you’d still like to know more about Watch Trading Academy, keep reading.
What Is Watch Trading Academy?
Watch Trading Academy, by Pejman Ghadimi, is a luxury watch trading program that teaches how to buy, sell, and trade luxury timepieces profitably in the watch industry. You'll receive a profitable watches cheat sheet, learn how to do market research, spot fake watches and identify the most profitable watches.
Pejman Ghadimi states that once inside the course, all you need to make thousands of dollars (and a return on investment) is $1,500 in cash for your first luxury watch, a phone or laptop to look for offers online, and access to the post office or courier for delivery.
Watch Trading Academy is a renamed version of his prior course, Watch Conspiracy, with an upgrade. The cause behind his rebranding is yet unknown, although the former does sound a bit more controversial.
His watch trading strategy is straightforward. He says that if you buy a $1,000 luxury watch and aim for a 20% profit while reselling it, you would end up with a $200 profit from just one sale.
After you complete your initial trade, you will complete another trade for another $200, and the money will multiply.
One advantage of this business strategy is that it is less competitive than others, such as affiliate marketing, dropshipping, eCommerce, and others. From here, the only thing you have to do to make money selling watches is to look for excellent bargains online and hustle.
Another plus is that Pejman has been trading watches for 15 years and practices what he preaches, so we know he is an expert at what he teaches, which adds to his credibility as online money making guru in selling watches.
Who Is Pejman Ghadimi?
Pejman Ghadimi is a serial entrepreneur & the bestselling author of Third Circle Theory and Radius.
Pejman has created several trade businesses over the last 20 years, including exotic car trading and luxury watch trading. On his websites, Exotic Car Hacks and Watch Trading Academy, he even made money providing knowledge on how to start & run a profitable trading business.
Through his online classes and tutoring, he has become a mentor to over 36,000 students worldwide.
Pejman has publicly published his company’s revenue in 2018, totaling $68 million, to demonstrate that what he claims is accurate and that he is not pulling a fast one.
Because he was not a huge admirer of watches, the concept of trading expensive timepieces did not appeal to him at first. But he recognized a high demand for luxury watches, with individuals prepared to pay hundreds to millions of dollars on them, so he began to enter the market and provide what people wanted while generating millions for himself.
How Does Watch Trading Work?
Now we’ll get into what’s inside the course, and I’ll break down each section for a thorough analysis.
Watch Trading Academy is divided into three sections and includes some “bonuses”.
Here’s a list of what you get:
Part One: Market Research
This section is relatively straightforward and teaches you how to search for timepieces: browse Ebay’s sold section and look at the prices of luxury watches that are being sold.
You will also learn about numerous forums that you may visit to figure out pricing.
Part Two: Authenticity
The counterfeit watch industry is huge. You never want to sell a fake watch. Those shopping for replicas account for almost 30% of the watch business; they want to look expensive without actually being rich.
Consequently, there are a lot of fake watches around.
Part Two teaches you how to avoid being scammed and how to tell whether you’re buying a genuine watch. This includes paperwork that proves the watch’s authenticity and instructions on how to tell if a vendor is genuine or not.
Part Three: Selling
This section was a letdown, as there wasn’t much training. You’re taught common sense techniques like taking decent photos of the watches and advertising them on eBay, watch forums, and watch marketplace.
You’re also instructed to essentially mimic what other successful watch traders are doing.
Bonus One: Private Facebook Page
The Facebook group is rather active, with thousands of members. As a member, this is where you can receive answers to your questions.
You’ll also be able to make connections and develop business partnerships. This is, without a doubt, the ideal approach to study.
Bonus Two: Real Life Replica Examples Demo
This bonus will show you how to inspect timepieces to ensure they are genuine and not fakes. The only issue with this is that there are reproductions that are so good that professionals have difficulty distinguishing them from the real thing.
So, just keep an eye out for red flags.
Bonus Three: More Than 250 Case Studies
This is one of the most enjoyable aspects of Watch Trading Academy.
You’ll have access to real-world case studies from Pejman and other members who know how to make money online. You can imitate what you see others do.
Bonus Four: Watch Over The Shoulder Negotiation
In bonus four, you’ll see Pejman aggressively looking for and negotiating a price for a watch.
Bonus Five: Most Profitable Watches Cheat Sheet
There are several different timepieces available, and you could be confused about which one to buy. This bonus cheat sheet will show you the top ten watches to trade and which are excellent for novices.
Is There A Refund Policy?
You accept that the Company will decide on subscription refunds if you cancel.
Your obligations, including your need to pay them for use of or access to their services or materials, including subscriptions, will survive the expiration or termination of these Terms and your termination of use of the Company Sites and Materials.
You must also pay Company taxes on purchases.
Would You Recommend It After This Watch Trading Academy Review?
Watch Trading Academy raises a lot of red flags, in my opinion.
Because of these red flags, I can’t really recommend this online course to anyone.
That said, it’s worth mentioning that Pejman has already demonstrated some legitimacy, with numerous credentials. He’s no con artist. And with this course, he’s demonstrating that he’s an expert in his field.
However, the first reason I do not recommend this course is, of course, the cost.
According to some comments on other websites, this course is overpriced for the value provided. And, for the most part, I agree.
The course’s content is the next thing you should be aware of. Despite its name, this training course appears to lack valuable lessons.
Instead, it's focused on delivering basic sales tips that you could probably figure out elsewhere, for much less. Heck, just talk to some old avid watch collector – he’ll probably deliver a wealth of information.
It's entirely possible to build a profitable, successful business by selling watches… But there are simply better ways to build a business.
Can You Make Money With Watch Trading Academy?
Sure, I guess.
…there’s a lot that comes along with selling watches that many people struggle with.
Now, don’t get the wrong idea... it’s not impossible to make money by taking Pejman’s course, but if you’re gonna put in the amount of grueling work to do this (which, trust us, isn’t easy), you might as well bring in some REAL money while you’re learning the ropes.
The program that helped skyrocket many online businesses to over $40,000+ per month is so simple that making money really does become second nature…
What Does The Internet Have To Say In Their Watch Trading Academy Reviews?
Let's take a look at what people have been saying been saying on Reddit...
"They state that their mission is “to provide the education and expose the loopholes of the watch trading markets while showing you step-by-step how any person with $1500 (the minimum capital needed to buy watches)... can actually take advantage of this opportunity...”
Anyone here knows this to be or not a real/viable business?" - BronxLens
Here are a few replies...
"I think this is a load of sh**. Of course there are always those who profit off this but thats usually because they already have money.
The only helpful thing about this group is the community. However, they all sell their watches near the top of the secondary market ranges and insist there is room to make profit.
Once and awhile a few of the members do sell watches at a great price.
However, what i believe they teach (my friend actually bought the beginner course) is to low-ball people on ebay and other marketplaces and get them to sell offline. I say this because this is what he does in one of the videos egregiously titled "How to search for watches and make an offer on ebay."
Then they take that watch, repackage it and sell it higher. This was what a few people were doing in the early 2000s but its become so saturated that i dont know how hundreds of people can profit off the same MO.
The group is plagued with a bunch of one-off "case studies" where people talk about how they bought some watch that is in abundance on trade forums. Got it at some ridiculous price and sold it at 20% (or more) ROI. All while holding the watch a for a limited time.
I do think you can make money flipping watches but unless you have money and go to into a rolex dealer and buy the 20k datejust and then ask for a batman, hulk or pepsi for retail to flip...its a pretty cutthroat industry.
You can learn way more in youtube videos than wasting money on this bs." - todayisforgotten
"You can definitely make money by watch trading. The reason why Value Your Watch Marketplace started is the knowledge from the academy. I had no idea about watch trading, nor what watches are good to buy or sell. It takes time to get better at that game. Some of the guys make money faster than others. The more watches you flip the better you get at that game. Like anything, if you want to get good at something you need to spend time and practice. The academy saved me a lot of hours due to the resources and knowledge I got out of it." - ValueYourWatch
"WTA makes the statement that manufacturers often make extra units of watches, (ghost watches) that are made from left over parts and often have minor infractions. These “ghost watches” are what the grey market dealers are buying and selling for discounted prices. Is there any truth to that?" - AdUpbeat2103
As you can see, there are mixed feelings regarding Watch Trading Academy.
Is Watch Trading Academy Legit?
So, is Watch Trading Academy a scam?
Not technically. You can make money with this program, but it’s definitely not as easy as Pejman Ghadimi makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and - most importantly - it doesn’t scale.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months, and then your reward is being forced to grind it out for another 9 months before seeing any “real money,” well… that’s not a great deal, is it?
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Leasing.
And you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection are all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
These people are able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in. – so adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.
Are There Alternatives After Reading Watch Trading Academy Reviews?
Yes, there are plenty of other business models to choose from if you think the Watch Trading Academy review has shown you the model isn't what you thought it was. Here are just a few:
What Is Our Top Recommendation For Making Money In 2024?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is probably your best bet.
Frankly, I don’t think you can afford to make the wrong choice when it comes to your career in this day and age.
Have you seen inflation lately? You know, that thing where you’re paying more at the grocery store or the gas pumps? Forget the political aspects – you have to find a way to overcome this strain on your financial life, and you can’t rely on others to do it for you.
And personally, I don’t think learning how to trade watches is the best way to make serious money.
But there other ways.
Whether you’re a man sick of living an average life, or a single mom seeking a new stream of income in order to stop the cycle of barely getting by…it seems clear to me that Digital Leasing is a great option to take control in today’s economy.
Let’s dig into the details:
1) It’s Flexible:
Got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this.
Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING:
With flipping watches, you don’t really own anything.
You don’t own the sales platform, you don’t own a brand, and you don’t own the customers.
Not to mention, you might end up buying a phony watch or two by accident.
Are you comfortable trusting Pejman Ghadimi with your livelihood?
With Digital Leasing, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs:
It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
That said, I’m not going to lie to you and say you’ll never have to put any work in.
That’s a red flag.
You don’t get anything for free in this life…however, you can absolutely put work in up front that frees up your time and lifestyle as you stack success.
That’s the life-hack to sitting back and watching money roll in.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for a much more affordable investment than stocking up an used-watch store – or even worse, taking out student loans.
4) No Inventory:
As mentioned above, staying stocked up on watches and going through all the paperwork is a huge time commitment.
Plus, you constantly need to be buying new products if you want to maintain your business.
You need to spend even more money if you want to scale up. With physical products, you’ll always have limits on your time and freedom.
With Digital Leasing, a 100% online business, you never have to worry about that.
5) Easy To Duplicate:
Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call.
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
How does it get easier?
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income as a watch trader, you’d have to double your inventory OR your profit margins. And it doesn’t take a rocket scientist to figure out that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People:
This part is what makes it all worth it. To start watch trading is a decent way to make yourself money, but it doesn’t improve anyone else’s lives.
After all, there’s always someone else selling Rolexes. That might be fine in the short term, but in the long run you may feel like you’re missing a purpose.
Don’t even get me started on MLMs, where your friends and family become the product…I’m sure many of you reading have been through that sort of “bait and switch” nonsense before.
You know the type – they promise a living wage, then you’re only on commission for a sketchy product.
With Digital Leasing though, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not some big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll see what I mean.
Now, the choice is yours. You could continue browsing, looking at opportunities like this Watch Trading Academy review which could one day make you money…
…you could continue researching, never making a decision…
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality.
At the same time, you’re joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits? It’s as good as it sounds.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.
#1 Business Recommendation
We each make around $10,000 per month with the help of this system.yes, show me more