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Pejman Ghadimi

Founder & CEO, Exotic Car Hacks · 1 appearance on the record.

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founderexecutiveauthorinvestorhost@Pejmanghadimi ↗LinkedIn ↗pejmanghadimi.com ↗

Pejman Ghadimi is the founder of luxury asset and lifestyle platforms including VIP Motoring, Secret Entourage, and Exotic Car Hacks. He is also the author of Third Circle Theory and RADIUS, and hosts the podcast Revonomics.

11statements → 5claims → 1claims resolved → 4.09/5average certainty → 2.27/5average debate potential → 2said about them ↓

1 supported 0 partly supported 0 contradicted 4 not checkable as stated how the 5 claims stand · each chip opens the sources

5 assertions · 1 insight · 5 disclosures · every statement was checked. The predictions and assertions are the 5 claims: statements the public record can support or contradict. 1 is resolved, and 4 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Pejman argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported
Ghadimi claims VIP Motoring was first to enable exotic car investing
“VIP motoring is a luxury concierge service that focuses on helping people invest in high-end exotic cars and extremely collectible cars, and so that's been the case since we were the first ever to allow this”
Pejman Ghadimi Sep 19, 2016 ▶ 2:15 EP 422: $2.6M 2015 Free Cash Flow On Luxury Car Business

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Pejman Ghadimi on measured tape to publish a rate. This says nothing about how they speak.

Everything Pejman Ghadimi said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Disclosure
Ghadimi: VIP Motoring guarantees massive resale profits on exotic cars within a year
“We allow people to come in and purchase, let's say, a car that we're buying for half a million. We'll let them purchase it for 700,000, and we'll guarantee that we'll resell it somewhere around 1.2 million in the next year or so.”
Pejman Ghadimi Sep 19, 2016 ▶ 3:08 EP 422: $2.6M 2015 Free Cash Flow On Luxury Car Business
Assertion Not checkable as stated
Ghadimi: VIP Motoring investors face zero risk to principal during market downturns
“We also have guarantees in place in case, let's say the market takes a tank. We can always back out and get out of certain deals so that the actual consumer is never actually impacted by this. So their principle is ultimately safe.”
Pejman Ghadimi Sep 19, 2016 ▶ 3:36 EP 422: $2.6M 2015 Free Cash Flow On Luxury Car Business
Disclosure
Ghadimi: We paid a €70,000 bribe to divert a Ferrari 488 allocation
“One of the things we did is the car was heading to Germany. So we have to bribe someone upwards of 70,000 euros. Just to allow the car to change routes and ultimately tell the client that they weren't going to get a car because of the mistake in exchange getti…”
Pejman Ghadimi Sep 19, 2016 ▶ 5:56 EP 422: $2.6M 2015 Free Cash Flow On Luxury Car Business
Disclosure
Ghadimi: Secret Entourage Does Not Pay Any Academy Teachers
“No, we don't pay any of our teachers.”
Pejman Ghadimi Sep 19, 2016 ▶ 18:57 EP 422: $2.6M 2015 Free Cash Flow On Luxury Car Business
Assertion Not checkable as stated
Ghadimi: VIP Motoring made $500k upfront flipping a Ferrari LaFerrari allocation
“Like we had three allocations, which is unheard of. We had three of such cars at sticker between 1.3 and 1.5. We took, let's say, let's use one of them as an example, 1.5 buying price. We went ahead and actually got someone to invest in that car at two million…”
Pejman Ghadimi Sep 19, 2016 ▶ 4:07 EP 422: $2.6M 2015 Free Cash Flow On Luxury Car Business
Insight
Ghadimi: Exotic car flipping cannot scale indefinitely due to scarce allocations
“There's only so many cars you can do this with, and there's only so many allocations you can take. The other disbenefit is also that not only you can do this on a limited basis, but it also has costs, meaning that actually finding people, et cetera, actually t…”
Pejman Ghadimi Sep 19, 2016 ▶ 11:09 EP 422: $2.6M 2015 Free Cash Flow On Luxury Car Business
Assertion Supported
Ghadimi claims VIP Motoring was first to enable exotic car investing
“VIP motoring is a luxury concierge service that focuses on helping people invest in high-end exotic cars and extremely collectible cars, and so that's been the case since we were the first ever to allow this”
Pejman Ghadimi Sep 19, 2016 ▶ 2:15 EP 422: $2.6M 2015 Free Cash Flow On Luxury Car Business
Disclosure
Ghadimi: VIP Motoring maintains an on-site private circuit to test vehicles
“Well, we have our own warehouse, and in the back of it, we have our own circuit, meaning we can drive the cars for the sake of keeping the tires well, and actually maintaining anything we need, test driving, doing any types of actual maintenance to the cars th…”
Pejman Ghadimi Sep 19, 2016 ▶ 9:58 EP 422: $2.6M 2015 Free Cash Flow On Luxury Car Business
Assertion Not checkable as stated
Ghadimi: 'Third Circle Theory' Book Has Sold Over 220,000 Copies
“Currently over 220,000 copies.”
Pejman Ghadimi Sep 19, 2016 ▶ 13:54 EP 422: $2.6M 2015 Free Cash Flow On Luxury Car Business
Assertion Not checkable as stated
Ghadimi: Secret Entourage grew revenue from $1.5M to over $4M
“1.5 1000002.3. And then we last year we crossed four.”
Pejman Ghadimi Sep 19, 2016 ▶ 14:39 EP 422: $2.6M 2015 Free Cash Flow On Luxury Car Business
Disclosure
Ghadimi: Secret Entourage generates over $4M with just four core team members
“On that company alone, we only have five, like, four team members. A lot of the other ones are really contractors, people that have worked with us for years, but not employees.”
Pejman Ghadimi Sep 19, 2016 ▶ 18:35 EP 422: $2.6M 2015 Free Cash Flow On Luxury Car Business

The other half of the tape: Pejman Ghadimi's own voice is left out of every number here. Other people bring the name up 2 times in 1 episode on Top Founders. every mention, with the transcript →

Who brings them up most Eduardo Gonzalez 2

Every mention by year

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2017 2 mentions in 1 episode

Appearances (1)

EpisodeDateSpeaking time
EP 422: $2.6M 2015 Free Cash Flow On Luxury Car Business Sep 19, 2016 12m
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