I too was intrigued with the Peter Harris protege program. I submitted my email address to inquire about it. I don't think 24 hours went by when I got an email from someone in the organization to setup a call. I was surprised because they portray it as such an elusive program/opportunity. I mentioned I got introduced into the world of investing with a Carleton Sheets program 20+ years ago. The guy that called actually worked for the institute that marketed the Carleton Sheets program & described how this place was much different as they provide more support. The guy was nice & seemed genuine, then he said the next step was to setup a call with his boss & they required my wife to be in attendance which I thought was strange but later I realized why as they were wanting money & trying to close the sale. All was going well until I started asking too many questions & diverting him from his script:) As the call went on I felt more like I was in a timeshare presentation. I'm not opposed to paying for education but was thrown offguard as they didn't not set my expectations & I didn't think I would feel so much pressure. I was not impressed as they would not provide any references for reviews, they sited privacy concerns, which I thought was unusual. That was a big red flag but ultimately it was the software licensing fee of $200 a month that was the final straw. They tried to explain this was to use their Epartner software. I didn't even get into how long I would have to pay this fee or if it ever ended, they had lost me at that point. I politely explained I didn't think this program was for me as I thought the licensing fee was a little over the top. I explained I'm a network engineer & am pretty familiar with licensing fees & the open source (aka FREE) options that are available. His tone on the phone changed & he told me I was not qualified to say that & then he ended the call.
The below summarizes the program & money they asked for, there were 3 levels of entry:
30k gets you (12 private one on one calls with Peter Harris, 4 weekly calls supposedly as long as you are in the program) & there is also 20k & 10k entry points, each with less calls as described above.
You split the profits with him 50/50 until you reach 1mil profit then supposedly they will pay you back the money you invested into the program. I have my doubts that anyone reaches that plateau & can only assume your $200 monthly license fee continues until you reach that or quit the program but these are just assumptions at this point as I decided this was not the opportunity for me.
