Originally posted by @Rotonda Maunu:
These post are very informative and quite humorous to say the least and I like that. I know that a lot of people are knocking the rich dad poor dad training but I actually think that it's a great training program if you can afford it. My instructor was a millionaire just from the information she learned by taking the rich dad training. I learned so much this weekend, I learned things like our U.S. $1.00 is only work $0.03 cents. I also learned that we are in big trouble if we don't invest in assest, the stock market and savings are not reliable and that the middle class is disappearing. I learned so much more about asset protection and relief. Maybe you guys are all financial wizards and financially savvy but for me I'm in preschool. Yes the price is steep but you get what you pay for. If I had the money to pay I could be closing a deal today instead of trying to figure out this website and navigate all this free information. So everything has it's plus and minuses. I am very grateful for this site and for all the helpful information and friendly caring people but I would much rather have a mentor helping me holding my hand and walking me thru step by step. That would give me more confidence and more tools. Thank you all for your great insight. Although it's not the rich dad training that I hoped for it is greatly appreciated.
You don't really have to buy a 45k guru course in order to get a mentor. I wanted a mentor, and all I did was network with people and I found a mentor for free. Any other wholesaler would love to have a really motivated wholesaler (as long as you are motivated and they believe in you) out there fishing for deals that he or she will get 50/50 of.
Just signing up for a course and reading it won't really build your confidence like you think it will I don't think...It's actually going through the actions that will help you build confidence and begin to understand different angles you can work deals at. A 45k guru program is a waste of money in my opinion. I have no idea about the course (like whether it's worth it or not) but when I goto those seminars I'm definitely listening to everything they are saying with skepticism.
Also, they are going to pull the "cream of the crop" to show you. They aren't going to show you the other 10,000 people that bought the program and are still sitting on the couch without a single deal to their name. They take that one person who had every single puzzle piece fall perfectly in place. They also don't show you everything that individual may have done on their own (due diligence when it comes to laws, how to do comps, rehab costs).
Because, if you think about it, if the program had such a great success rate, they would just be like "the program is free but we get 75% of the profits from your first (however many deals). I mean that, to me, would be telling me "ok this is the real deal and you will succeed once you start this program.
Nothing in this business comes easy. Everyone looks for the "magic button." Unfortunately, that button doesn't exist, and the ones that keep looking for it will just end up spending a lot of money and not really learning anything. Meanwhile, the person who just went about it the hard way is way ahead of the "magic button" seeker.
Just my opinion. And I'm still green myself. So maybe I'm completely wrong.