William
San Diego,#2Consumer Suggestion
Tue, March 31, 2009
The format as described is accurate. You are invited for a few hours, and then for a fee (about $500) you can attend a 3 day weekend on the subject at hand (in Rich Dad's case, they do this for both Real Estate and Stock Market investing). During the 3 day weekend, you are given many tips, great advise, great exposure by someone who is very knowledgeable. However, the subjects for either Real Estate or Stock/Option trading are way too varied to cover in one weekend ... so, yes .. this is an education 3 day session that is to tell you and sell you on the value of investing in your future on one of these tracks. The high dollars that this person is quoting is probably for the complete offering which is made up of either 8 to 10 separate courses over either the same number of 3 day weekends or 6 week online live courses. One does NOT have to pay for the complete offering ... yes, there are dollar incentives to do so, but if one can budget and think about only taking a couple of courses before they need to see a return, that person has an offering available for them as well. So options there are many and happy students there are as well. Is it a shame that one is 'sold' during a $500 weekend? I guess ... but what did you expect for $500? to become Donald Trump? Did you apply any of the techniques that were introduced to you? Did you sign up for just one specific course perhaps (probably about $5000) and applied what was learned? Or, do you just like to dislike the fact that one needs to market/sale to promote education, and pay for that education with knowledgeable, consultative experts that know what they are talking about? Personally, I am undertaking the stock route with Rich Dad and have completed one course so far and have another paid for. I am about to outlay for some couching as well, and will look for a return on my investment before going further. This is a path that a student in real estate can take as well. I don't advise anyone to outlay for the 'whole thing' even though that is asked for.
Jessyp
Hialeah,#3Consumer Comment
Tue, January 06, 2009
Its interesting how you say this seminar is a sales pitch... OFCOURSE IT IS! They are doing business. What a way to put in negativity. Thats what most people see it as- $60k? pfft!- RIPOFF! I disagree with you. If you can show me proof that you got ripped off and that you didnt make money with these advanced courses, then I will consider my options. These people are successful because it works. By the looks of you complaints about the company, you havent done anything and gave up on them. Right? Let me ask you something: What are you doing right now? Are you employed, self-employed, business owner, or investor? I want to know about your success! Feel free to give me pointers mr. success man! You honestly think people havent made money in this business. What they are doing is not illegal, it makes sense, and it works because they have done it themselves. If you can get me a person to write to me that has experienced the advanced training, please let me know! Thanks! and good luck being stuck in the rat race!
Jessyp
Hialeah,#4Consumer Comment
Tue, January 06, 2009
Its interesting how you say this seminar is a sales pitch... OFCOURSE IT IS! They are doing business. What a way to put in negativity. Thats what most people see it as- $60k? pfft!- RIPOFF! I disagree with you. If you can show me proof that you got ripped off and that you didnt make money with these advanced courses, then I will consider my options. These people are successful because it works. By the looks of you complaints about the company, you havent done anything and gave up on them. Right? Let me ask you something: What are you doing right now? Are you employed, self-employed, business owner, or investor? I want to know about your success! Feel free to give me pointers mr. success man! You honestly think people havent made money in this business. What they are doing is not illegal, it makes sense, and it works because they have done it themselves. If you can get me a person to write to me that has experienced the advanced training, please let me know! Thanks! and good luck being stuck in the rat race!
Cj001
INDIANAPOLIS,#5Consumer Comment
Tue, January 06, 2009
I am amazed that people would think that the "FREE" teaser seminar (put on by a successful company, run by a wealthy person) is actually conducted as a charity! And that it would actually be run at a deficit (after advertising on your local radio, TV, paper etc.) 1. Why would a company do that? 2. What successful real estate investor would come and "donate" their time to train others (the majority of which will never apply what they are taught?") WAKE UP PEOPLE! It's called MARKETING!!! They have something we (I, maybe you too) want.....INFORMATION! If you knew how to do what they do you wouldn't be there. If I could have found the info elsewhere they wouldn't have gotten my $495 either. The free seminar is a lead generator for them. The 3 day general training is very informative but not entirely comprehensive. There are simply too many facets of real estate investing to "get it" after 3 days. I enjoyed it and feel comfortable enough to try to apply select principles to real deals, BUT I would like to know more but can't afford to continue on with the training at this time. They offer a business system in which they don't have the ability to collect royalties, so they need to get their money up-front. If you can't see that they are setting you up to pay for the training by way of increasing your credit card limits then you are too green to call yourself an adult. Besides, think of all the dumb stuff you charge on your credit cards! Additionally, think of all the money we give to the universities to have the opportunity to earn $60-$80k for the rest of our lives with NO job security. Is it really so ridiculous to charge $10k for wealth training? I'm confident you will get out of it what you put into it. And remember, the company is in business to make money and so are the trainers) (why do you go to work?), but recognize that they likely do have a passion for what they do.