FortuneBuilders REVIEW: FortuneBuilders committed to customer satisfaction with improvements to customer service, responsiveness, & educational product quality.
Three quick thoughts on Fortune Builders (One compliment; Two critiques):
1) They run a super tight game. I learned a ton from the three day seminar. Good deal for $197. I'm going to use that information in my own business. This won't even be in real estate. My thanks go to the team for teaching some good stuff. Also, the seminar was interesting enough to keep me awake. There was an exagerrated focus on the Mastery Program, but that is of course the ultimate thing that they wanted to sell.
2) I found it ironic that the skills and tactics used at the three day seminar were focused solely on ensuring that the flow of information went from the main speak to the audience. Totally a one-way conversation. I remember when Mr. Black even raised his voice and literally yelled at a threatening tone at one of the audience members when he tried to ask a question. This behavior definitely re-inforced the direction of the conversation (one-way.....from them to us). The direction of the conversation was further re-inforced with all of the times that Mr. Black would say, "if you like that say, OH YEAH," or he would say something like, "do you think that's right, YES OR NO?" or "let's give this guy two claps." He was always asking the questions and barking the orders, but the audience would literally be yelled at an belittled if they tried to do the same thing. I consider this not only to be a threatening, hostile, and psychologically manipulative sales tactic, but it's also less than friendly (even though you might think it's fun or funny). Fortune Builders has a very well planned and research method to teaching these courses. Just think of all of the emotional strings that are embedded throughout the seminar. For instance, the seen from that high school football movie where the offensive lineman is carrying that kid the length of the entire football field. They showed this just after they offered the Mastery Program for $25,000; this sends the message of, "how much would you be willing to sacrifice to go all the way!?!?!?" And don't you see that we are no longer talking about real estate investing at this point?
3) Fortune Builders should be more transparent and let us know what they do with those exorbitant fees that are charged to people just starting the Mastery Program. What do they do with that money? How are the people at the seminar being compensated? Are the former Mastery Students there on commission, wage, or what? Do they get a percentage of what they're able to squeeze out of the applicant. Are these education seminars (through the $25k Mastery startup fee) designed to provide financial capital to the former students who are actively involved with Fortune Builders. Just a guess. Fortune Builders can do whatever it wants with the money, but I can't begin to guess the motivation for all of these people to fly in from all over the country to support the seminar. It's not like they were really necessary.
2 Updates & Rebuttals
KennyG
Michigan,FB was a Great Motivational CLass
#3General Comment
Tue, June 24, 2014
I found it not to be a SCAM but more of a MOtivator
to get you to think and act differently. And to share
some of the RICH tricks of the trade. Im personally
not going to join. I feel you can do it yourself with
research and a good lawyer. As far as your credit
theirs www.protectionthatpays.com Satisfaction
guaranteed! Sincerly Patty 248 413 5085
lisabksb
South Beloit,Illinois,
Used to be great
#3Consumer Comment
Wed, May 14, 2014
I seen Paul Esajian speak at our investors group years ago towards the beginning of Forrune Builders. I paid $997 for the marketing course and my friend paid $997 for the house rehabbing course, we split the cost and both went to the boot camp. It sounds like it's changed a lot because our boot camp was taught by Paul along with his brother JD. They were great, entertaining and was very educational. They put us on buses and we toured rehab projects.
The experience was great plus they have us a binder full of information. They were up selling their mastery course but I didn't buy. It sounds to me like it's changed plus having different people teach the boot camp and that's too bad because when I went, Paul and JD were very caring and really wanted to help people. It's sad how money changes people because they had a great thing going the way it was. I think a lot of those two guys, don't know about the ones teaching now.