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Rich Dad Poor Dad- UK Training.

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  • Ilona
    Ilona Posts: 2,449 Forumite
    I love skip diving.
    :D
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Ilona wrote: »

    That doesn't say 'he' was made bankrupt, it says that 'one' of his companies has filed for BR.

    "The financial guru behind New York Times bestseller Rich Dad, Poor Dad has filed for bankruptcy on one of his companies after losing a $24 million judgement. This April, Robert Kiyosaki's Rich Global LLC was ordered to pay $23,687,957.21 to the Learning Annex and its founder and chairman, Bill Zanker."
  • sv650s
    sv650s Posts: 28 Forumite
    when will people understand that their is no easy way to make quick money.

    I used to go on a very old forum called the "singing pig" and it was full of people getting caught in these kinds of schemes.

    It sad that people can be caught up in this type of stuff.
  • sv650

    the thing is there are quick and easy ways to make money online.

    but no ones going to tell you them! use your imagination if it fails it fails, you've lost a week ohwell.

    if it works and your making an extra 5k a week thats great but be prepared for it to die quickly when others realise what your doing and copy.

    be prepared to act fast when a news storys happens, I made nearly £30k in 2 days when this swine flu outbreak first struck and people thought it was the end of the world and there was not going to be enough tami flu, (i was promoting tami flu with a russian pharma company).
    these days dont happen often but if your quick out the starting blocks you can usally make at least some money.

    give people what they want, if they want to see the superbowl or the fa cup online but dont want to pay, make a content locker and spam forums then just redirect to a free stream of the game, or a error loading message if you cant find one.

    look at the end of the day there are ways to make quick cash online its just being different and being the first one!
  • System
    System Posts: 178,346 Community Admin
    10,000 Posts Photogenic Name Dropper
    I signed up for the course and by the end of day 1 realised that a) I was learning a lot and opening my mind to opportunity, b) I was being manipulated slowly into a big "investment" I could see coming on day 3.

    Discussing with the guy I went with, we decided to do day 2 but on our own terms. If we wanted to walk out we would. If we wanted to get up and go to the toilet we would. If we wanted to take longer for lunch than they wanted to give us we would.

    I feel I got the value of what I spent out of the course by the evening of day 2 and didn't bother going along for day 3 which I assumed would be the hard-sell day.

    So I wouldn't say it's a waste of money... for me it had huge value, but I did it on MY TERMS.

    They talked about using their 'power team' of solicitors, accountants, agents and so on. The guy I went with and I both have our own power teams.

    The training points out that you can't do it on your own, which I agree with. However they also imply that you can't do it without THEM, which I don't agree with.

    Use it as an eye opener... take copious notes (information comes thick and fast)... and be fully aware that you will probably be sold expensive courses after emotional maniupulation. (It felt to me like they were trying to get some sort of Stockholm Syndrome going in us... "we are your captors, you should trust us, you can't do it without us...")

    I've already used information I picked up, though, to spot opportunities and save money.

    If you are vulnerable and in a financial pickle, I would suggest not attending at all. You could end up in a much deeper position.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • jimhunt22
    jimhunt22 Posts: 4 Newbie
    edited 2 September 2014 at 3:17PM
    I went on the course 3 years ago. Yes I knew what it was. Yes I knew that they would try to manipulate me. However, I set that aside, ignored all of that and went with an open mind. I did the free evening, I did the 3 days and then I paid for, and went on every course they run related to property investment. Each course is a 3 day event based on a specific topic (BTL, HMO, Lease-Options, etc...). It is astounding how much is in each course - sort of: "I never knew what I didn't know" and you come out of it roaring and ready to go out and take some action.

    I now have a growing property business with a portfolio of 2 dozen properties and I will be financially free within the next couple of years.

    Could I have found out all of the information by reading this online. Yes, of course. Just as I could have found out everything I learned on my university degree course online - but that would have taken forever and I would have lost the motivation long before the end. The same is true for this: you get a huge amount of information while in direct communication with people who have real experience doing this. You can ask questions directly to them at the time and in the moment. You get huge motivation by mixing with other people, both trainers and students, while attending the course.

    While property is really an easy businesses to enter, like all business it is difficult to master. Any education you get in this saves you so much money and time, reduces the mistakes you make and accelerates you towards where you want to be.

    Honestly, if you are not the type of person who can take action and do everything it takes, including making horrible mistakes, then yes £20k would be a complete waste of money for you. However, if you really are determined then you will get there quicker with training and you will be free - suddenly £20k for never having to get up at 7am again to make some-one else rich is nothing.

    At the beginning of my current career I spent nearly 7 years learning my craft including 3 years at University. The cost of that has been astronomical and although I am a top earner now in my field, after 15 years I am still in the rat-race. I would have remained there as well until I died had I not discovered Rich Dad.

    Last point: The man who says he can and the man who says he can't are both right. It up to each of us to decide which of these two men we want to be.

    Oh! Last Point (again): I don't work for Tigrent. I have done testimonials and they are not paid for, they are real people, telling real stories.

    James
  • Didn't know what RDPD was before this threat so perhaps I shouldn't be commenting but I came across lots of negative articles in my research so probably best not to invest a penny in it until you work out it's safe:

    forbes.com/sites/helaineolen/2012/10/10/rich-dad-poor-dad-bankrupt-dad/
    ethanvanderbuilt.com/2014/01/20/robert-kiyosaki-scam-artist-yes-opinion/
    youngandthrifty.ca/rich-dad-poor-dad-seminars-a-scam/
    scamsgalore.com/robert-kiyosaki.html
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