[yasr_overall_rating size=”medium”]There’s a brand new online money-making system set to launch on October 1st that claims you can make $8000 a day! It’s called Wealth Academy, and I’ve tried the program to see if it lives up to the hype.
Before you decide to spend your money, you’ll want to read my full Wealth Academy review below. I don’t believe it’s the dream maker that it claims to be–check it out!
What Is Wealth Academy?
Wealth Academy was started by a man named Richard and is set to launch on Clickbank on October 1st. It is an online money-making system and the price is $24.95.
What you find out from the sales video is that the program involves selling products on Amazon. There’s no more information than that on the sales video about what the system does. So you can see from some of the screenshots below what Wealth Academy is claiming:
Since selling products on Amazon is not easy and definitely involves a lot of effort and time, my impression of Wealth Academy didn’t start out great. But this is a new program that I wanted to buy to see what they had to offer.
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What Does Wealth Academy Offer?
The cost of this program was $24.95, and here is the members area:
I just recently reviewed a program called Smart Money (which is a system I do not recommend), and was surprised to see that it had a nearly identical members area. Smart Money was basically a relaunched version of Smart Money Methods that came out a few months ago.
Here is the Smart Money Methods members area:
Smart Money Methods is a system that supposedly makes you up to $30,000 a month selling on Amazon. When I opened up the Wealth Academy system, I found the same information that was sold with Smart Money Methods! Here is the Table of Contents for the Wealth Academy system:
Here is the Table of Contents from the Smart Money Methods system:
So it’s obvious to me that Wealth Academy is not an original program. As I detailed in my Smart Money review, the 1.0 system is just basic information for how to sell on Amazon.
Virtually all the information given can be found online for free, so there’s no reason to purchase this guide. If you are brand new to selling on Amazon, you may find the information somewhat helpful, but any experienced marketer will find nothing new.
After reading through the material, I also did not find any information that you can take action with in order to start making money right away. While you get an overview, it’s my opinion that you will not be able to take this information and put it into action selling products and making a profit right away–especially not the profits that Wealth Academy is claiming!
One other note that I also mentioned in my Smart Money review is that some of the information is not current. The guide talks about Amazon aStores, but these were retired back in October 2017, making the information in this guide at least a year old.
As you scroll down the members area, you will find that many of the materials relate to promoting Amazon Affiliate Profits, which was launched in June. There are sales videos, legal pages, graphics, banners, email templates, and more all designed to help you promote the system.
If you decide to try this system, be aware that I did not find anything in this program that justifies to me any of the income claims being made by Wealth Academy. Selling on Amazon and making big profits takes time, a lot of hard work, and experience.
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Upsells
Before I got access to my system, there were, of course, upsells. Three of them were offered, and I’ll detail them for you:
~ Wealth Academy 2.0–selling for $197
This upsell claims that you can make your profits 3 times quicker and 6 times more lucrative than the main program:
Wealth Academy 2.0 is a series of 15 videos that cover a variety of topics such as, setting up your Amazon Affiliate account, web hosting with HostGator, Google Analytics, keywords, and more.
While informative, the entire length of this series of videos was just under 1 hour! You could easily do an hour or more on each one of these topics, but the average length of each video was about 4 minutes.
There are also 3 more series of videos that deal with social media:
- Wealth Academy Instagram
- Wealth Academy YouTube
- Wealth Academy Twitter
I found that each of these was as basic as the first series. None of them give you any actionable information that will help you get started selling on Amazon in my opinion, and it is not worth spending $197.
~ Wealth Academy Pro–selling for $177
This upsell is only supposed to be for people who qualify for it, and it appears that the way I qualified is by being willing to pay the initial $24.95. In the video, they claim that:
You may look at it differently, but I thought anyone who bought the Wealth Academy system seriously wanted to make it work! Now they’re telling me that I need to spend more money on something I must have–that kind of marketing is not something you see with a legitimate program.
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Here is the Table of Contents for the Pro system:
This guide is a bit more detailed than Wealth Academy 1.0, but the information is still too general for someone to follow it and start earning big bucks right away. Again, in my opinion the information just isn’t actionable.
Along with the guide, there are 3 more video training series:
- Wealth Academy Pro Video Training
- Wealth Academy Social Media Marketing
- Wealth Academy Pro Traffic Video Course
These videos contain more information than the main program video series, there’s promotional materials for social media marketing, and the traffic course talks about several different methods.
However, I was not at all impressed with the quality of the materials and the information given. After reviewing them, I don’t believe they are worth the asking price of $177.
~ Wealth Academy Social–selling for $97
This upsell consists of 3 parts:
- Wealth Academy Facebook
- Wealth Academy FB Marketing
- Wealth Academy Snapchat
There are a lot of videos with a lot of information about Facebook and Snapchat. But for $97 I would’ve expected to see a lot more actionable information that directly relates to selling on Amazon.
I’ve looked at all 3 upsells in relation to the claims Wealth Academy has made about earning money by selling products on Amazon. When you add the cost of them along with the original system price, you get a total cost of $495.95. The value is just not there!
Red Flags And Concerns
If you are considering purchasing Wealth Academy, I’ll detail the red flags and concerns that I have about the program:
~ Totally unrealistic income claims–Wealth Academy makes the claim that you can earn from $1000 to $8000 a day, with people seeing results immediately. Can you make that kind of money selling on Amazon? Yes, but there’s no way it will be easy or fast, especially not with the information provided with this system.
~ The system is not original–The Wealth Academy 1.0 guide is the same information as the Smart Money and Smart Money Methods programs that have been launched recently. I did not have access to the upsell information in either of those 2 programs, but by the looks of the members area, it’s very likely that much of the info in the upsells is not original material either.
~ The program materials are too general–To start making money with Amazon in any kind of timely manner, you should be able to expect step-by-step tutorials and videos that enable you to take action and see results. While some of the training has useful information for beginners, much of the material can be found online for free.
~ The upsells are too expensive–For a total price of almost $500 for the whole system, I don’t believe that the quality of the upsells are worth their cost. Again, even though there is some information that beginners can use to get an overview of topics like social media marketing and options to drive traffic, the price is just too high for the quality of the information.
Build Your Early Retirement Rating
[yasr_overall_rating size=”medium”]Here at Build Your Early Retirement, we give Wealth Academy a rating of 2 out of 5. The system is not recommended because I don’t believe that it can deliver on any of the claims made. I give it 2 stars due to the fact that it does deliver an overview that newbies may find helpful. But since internet research can give you the same thing, I’d save my money.
***Update: I’ve lowered the rating on this program to a 1 out of 5. Since reviewing Wealth Academy, this program has been repackaged several times under different names. It’s not original, and the information can be found online for free. There’s no reason to spend your money on this program.
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Do you have any experience with selling products on Amazon? What do you think about the claims made by Wealth Academy? Please share your thoughts and questions in the comments section below!
Janelle,
This is a well-detailed article. If anyone were to join this program after reading this article, well, what can I say?
I can’t help but think the name Wealth Academy isn’t a wanna be Wealthy Affiliate, thought I probably shouldn’t use both names in the same reply, let alone in the same sentence.
Thanks for your hard work in this research.
You could very well be right about why they picked the name Wealth Academy–thank you for stopping by!
I don’t have to try Wealth Academy to see that it’s not worth it! The most important thing is they are trying to say you can get rich quick, which is not true! Being an affiliate marketer takes time and effort to see any success. They are even using outdated information, which is not good business. It is a shame some people will actually get scammed once Wealth Academy is out in the world.
Unfortunately, there are a lot of people who will lose money with this system. I hope that anyone interested in it will do some research and read reviews to get a better idea of what they would be getting into.
Thank you for taking the time to read my review!
Hi Janelle,
Thanks very much for writing this details review of Wealth Academy.
I think the biggest red flag for me is that it is identical to the other course your mentioned. This, to me, is a big indicator of character of the the person who published this course. If they are willing to take another person’s ideas and promote them as their own, imagine what else they’d do.
What is your most highly rated recommendation so far?
It is a huge red flag for me as well. It probably is not someone copying another’s ideas. It’s more likely that the creator of the program just keeps repackaging it and selling it under another name.
My #1 recommendation is Wealthy Affiliate. It’s a legitimate program that offers a full suite of hosting, training, and an active community platform of successful marketers. You can check out all the features with their free starter membership, and you can read my full review at Is Wealthy Affiliate Real Or A Scam? My Review.
Good luck with your online business!
Thanks for the review! Sites like this one can get new people like me who don’t have enough knowledge to spot a scam. And you’re right, the fact that their content is not original and is out of date shows it’s not something worth getting into. Those two details tell me right away that the people behind the site don’t care about their customers. They have no desire to provide up to date info that can actually help people.
You’re exactly right! If someone wants to provide a quality system, the least that they’d do is make sure all of the info is up to date. But if you target your marketing to those who are inexperienced, it’s much easier to get away with putting out poor quality materials.
I’m glad you wanted to research this program so you can make a well-informed buying decision!
Thank you very much for posting your research of Wealth Academy. I, like many others, tend to be vulnerable to these type ads, but, I, unlike many others, make it a practice to check the reviews first before making any purchase. Especially for low-cost products, because you have to wonder if there’s any value there. My research on other offers would sometimes find the same info elsewhere online for free.
What I found most interesting about your Wealth Academy review is their outdated material and plagiarism of the Smart Money program. They obviously never did their own research, otherwise, they would have caught the updates with Amazon and revised their material accordingly. Do we know if the two programs are owned by the same people?
It’s likely that Wealth Academy could be owned by the same people. A lot of times one website is shut down and then the system is just refurbished a little and given a new look and new name and sold as a new program.
It’s very smart to check reviews and research these types of programs before buying. Legitimate programs will always rely on the value of their program features to attract members. So doing that research can save you a lot of time and money–so keep doing it!
Similarities in members areas between these two programs are already indicators to a potential problem. I cannot tell whether this program is a scam or not, but it’s definitely something I don’t want to mess around with. With the increasing number of scams, one needs a scanner to see clearly.
With all the facts presented in this article, I prefer to stay away and continue to be on the lookout. Thanks for calling our attention to this.
Well written review. Great job.
You’re right about the increasing number of scams–it’s alarming how many are out there! It gives so many beginners the illusion that they can make huge amounts of money fast. Then when they’ve spent a lot of money on the program and paid traffic, they’re disappointed and give up on an online business.
Hopefully, they’ll read reviews and see which programs are really worth taking a chance on with their time and money. Thanks so much for taking the time to comment!
For a moment I thought and said I that’s super but then on reading more about it and looking at the up sells I am persuaded that Wealthy affiliate is the best thing to happen to me especially now that I want to exit formal employment and be doing full time online affiliate marketing. Are there outright signs or red flags of a programme that a newbie could look into and straight away make a judgment of a bad programme?
There are definitely signs that a person can see to determine if a program is a legitimate money-making opportunity or a possible scam. I detail them in my post, Make Money Online Fast–Beware Of The Scams!
Hopefully, this guide will help steer people away from systems that are just engineered to empty their wallet without providing any kind of real value.
Thanks for asking and good luck with your online business!
Thanks for drawing my attention to this new product. I cannot explain the similarities it has with another program, especially in the members’ areas, but those are definitely red flag indicators.
Whether it’s a scam or not, I cannot tell. But based on the information presented in this article, this is a program I will definitely not want to mess around with. And that’s all you need to identify high-risk programs, RED FLAGS.
Thank you so much for this explicit review. I will be on the watch out.
You’re exactly right about the red flags! After reviewing so many programs, it’s pretty easy to spot something low quality and risky. But so many people are beginners and believe the hype, just like I did a few years ago.
Hopefully, this review will make them take a second look and see if they really want to risk their money on something that has so many warning signs. Thanks for taking the time to comment!
Janelle, Thank you for the being the “voice of reason” regarding this program. I have been looking for an opportunity to better utilize my free time and work toward something that could become profitable. But I also understand that I will need to do my research before investing any of my hard earned money on any program.
I believe that many people today are willing to believe that money can be made with little to no effort. In my opinion the number one reason that people do not succeed is that they have unrealistic expectations early on. I look forward to reviewing your recommendation further, but want to know, do you think this can be accomplished while working full time elsewhere?
I think you’ve hit the nail on the head when it comes to expectations. So many people could succeed at earning income online if they knew what to expect going in. But there’s just too many sites telling them that they can make easy, fast money, and they don’t want to believe that it takes a lot of time and effort!
You can definitely create a successful online business while you’re working at a job full time. Just be aware that it will take longer to create a body of content that will start ranking well and to start gaining traffic and sales.
I recently published a post that details a very basic timeline for someone to start making money with affiliate marketing. I also talk about the things that can move that timeline faster or slower. You can read it at How Long Will It Take Me To Start Making Money With Affiliate Marketing?
Good luck starting your business, and I’d love to hear back from you about your progress!
Thank you so much for doing this review. People like you help everyday people who want to learn how to create money online. Wealth Academy, the name sounds nice and that is about it. I mean dont get me wrong, earning 8000 bucks per day is preety awesome too but i do not think Wealth Academy will have anything to do with that.
I it great that you noticed that this program is very simlair with something you already found on the market. Many so called experts try to resell their products by giving them different cover but inside stays the same.
It is clearly that this program is not worth joining not only because of unrealistic income claims but also because of too many upsells and too much general information.
Thank you for this thorough and informative review.
Regards,
Strahinja
You’re welcome, and I’m happy that you found this helpful! I hope that those looking to make money with Wealth Academy will take a second look before buying. I’ve been reviewing programs for awhile now, and it’s alarming how many low quality or scam products are out there!
Thank you very much for stopping by!
Well, when the program is released October 1 and they clam people are making $8000 a day just a few days later you pretty much know it’s a lie/scam.
I haven’t heard of the other program you mentioned either but it seems like it is exact copy of that. What a shame that these people get away with this crap (at least for now)
It is a shame that these people can create low quality or scam programs, and once the word is out that it doesn’t work, they just change it up a bit and sell it under another name. Hopefully people will read reviews before purchasing and spending their hard earned money on something that will just empty their wallets.
Thanks for stopping by!