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I want to emphasize this post is about giving credit and due reputation to the wealth education seminar industry. There are real people who share real education with real experiences. And many learners benefitted from their sincere sharing’s.
BUT…. There’re those who profit from lies, and continue to. And they give a bad vibe to the entire industry and to the real educators!
A Deep Message for Seminar “Junkies”… and ladies who spend thousands on slimming pills and sessions.
I feel that many people are not equipped with the necessary skills to evaluate investments properly. Much so many lack sales knowledge to know what is real and what is sales gimmick. Some of these skills can only come with experience. Even when I was a naive investor and a regular seminar “junkie” many years ago, I had my fair share of being fooled and paid the price for learning the lessons.
I hope this post will convey a deep message Get-Rich-Hype seminars and their ‘gurus’ are NEVER the “angels” you want to believe in. They have dirty underground secrets like every other industries aiming to make easy money from ignorant consumers, i.e. Fitness, slimming, retail, food, property, etc.
It’s all cheap garbage.
The more valuable something is, the higher the effort required to achieve it. Accept this or be prepared to lose money!
Since building wealth is something of higher value compared to going to a casino, it takes time, and the ‘gurus’ of those how-to-get-rich property programs can suck it. Similar wealth programs and internet teachings don’t work and never will.
It’s all cheap garbage orientated towards the masses who decided to get started on the path to riches after attending a free seminar preview (Property, Stocks, Forex, you name it, you have it!) by some ‘guru’ in-question.
Every ‘expert’ out there has an agenda and it’s certainly NOT for your benefit.
Logic says that in order to learn the subtleties of any craft, you have to go to the masters. If you want to become a doctor, only doctors can teach you. If you want to become a computer programmer, you read thick books on the subject written by experts. If you want to become a martial art master, you go to the grandmasters. Consequently, to build property wealth, you go to the ‘’multi-millionaires” a.k.a. seminar gurus or snakes oil salesman, if you insist on being mean.
There is one big problem, however. That problem is called superficial analysis. Every ‘expert’ out there has an agenda. This can become incredibly frustrating in your search for the truth. Everybody claims to have the secret, but very few are actually sincere. The arena of wealth creation certainly does not enjoy a large number of people telling the truth. Thus, the never-ending propaganda in mainstream wealth media has been going on for a long time.
Bogus ‘Gurus’ Exposed!
- A Forex guru claimed a doctorate degree in forex and was later exposed for fraud.
- Well-known property guru caught for selling overseas properties to her seminar attendees without proper license. Her company is currently blacklisted by MAS. It shows a lack of integrity.
- Well-known local wealth guru sued by his partner, a prominent local millionaire businessman for fraudulent accounting. A question of integrity.
- Well-known local property guru admitted she’s also one of the investors with the fallen Eco-House property scam. And she is supposed to be an “expert”? She was also caught selling overseas properties to her seminar attendees without proper license. Another question of integrity again.
- Well-known (sneaky) local shares guru uses dirty business monopoly and wealth illusions to make money. Another integrity issue here again….
- Guru and founder of Geneva Gold was exposed for fraud by MAS. His company was also black listed by MAS.
- And who’s next on the list?
Why are people paying so much money so that someone can tell them how to get rich? The pros are just feeding the fans with unrealistic expectation and want the amateurs to believe that they are actually revealing the real secret to wealth. Well, my friends it’s just a scam. The info is garbage and gets you nowhere.
Fiction and fairy tale stories sell. Reality is boring. The marketing department knows this. Who really gets richer after the seminar?
Not the students for sure. It’s the ‘guru’ – from collecting book royalties, expensive seminar fees, commissions, freebies, free properties from property developers and many other sponsorships.
A good advisor is someone who is in the business of investing and not in the business of selling seminar tickets. I give the ‘gurus’ credit for cunning intellect in running a business, while maintaining that they are just a little better investor than the average guy.
Warning signs
- Advertisements for seminars or property investment schemes that promise a ‘risk-free investment’, ‘be a millionaire in two years’, ‘own properties with little or no money down’, generate 20-25% per annum from your investments with proven results, and other similar kinds of catchy marketing phrases.
- Promises of above-average returns at little or no risk.
- The first seminar (usually a preview) you are invited to attend may be free or cost little, but there are very high fees to attend any further seminars.
- Credit card instalment payments for paying either the seminar fees or further investments.
- Investment seminars that offer to teach you ‘secret’ or ‘exclusive’ techniques for building wealth.
- Use your common sense: the offer may be a scam.
- Remember there are no get-rich-quick schemes, guaranteed or high yielding investments: the only people who make money are the scammers.
- Do not let anyone pressure you into making decisions about money or investments: always get independent financial advice.
- Remember that family members and friends may try to involve you in a scam without realising that it is a scam: you should seek independent advice (from a lawyer or trusted financial adviser)
- Be wary of investments promising a high return with little or no risk.
- NEVER reply to a spam email (even to unsubscribe).
- If it looks too good to be true—it probably is.
Quite frankly these ridiculously overprice get-rich-hype seminars resemble some sort of a circus dedicated to money worship. They are meant to just take the money from the participants and enrich the promoters and the speakers. Nobody gives a damn about your success. It’s a doggy dog world.
PS: Be sure to catch Part 2 of this Post, “Get-Rich Wealth Seminars are Time-Wasters – Dirty Underground Secrets Exposed!”
Source: http://www.crei-academy.com/get-rich-wealth-seminars-are-time-wasters-stay-out-if-you-can-part-1/
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