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Originally Posted by JohnB23  I've had some experience with it.
I'm 28, and in the late 90's, got interested in stocks and trading through Wade Cook. I didn't know much about the market at the time, and Cook was a huge personality, he had a huge training business (selling pagers, seminars, online trading info)and wrote some books that were on the best seller list.
Looking back on it, it was a very shaky trading foundation. I'm glad I didn't go much farther with it.
I enjoyed Trumps book "Art of the Deal" and Richard Branson's biography, "Losing My Virginity", but these packaged "make money" seminars lead people down the wrong road IMO.
Say in the last 10 years, the top infomercial guys that I can think of...
Don Lapre
Kevin Trudeau
Kiyosaki
William McCorkle (he went to jail)
If you google these guys, you see complaints, controversy, all kinds of stuff.
I agree, a system alone won't make you money. But alot of business success comes down to confidence, and if you've been burned by some opportunities, you won't have the confidence that you could have.
I wonder how many people have given up on their dreams of business and investing because they've gotten ripped off or burned in the past (or not know who to trust). |
Honestly if you read any of these guys, Kiyosaki is huge on it, you will fail, you will fail over and over again until you get it right. Trump says it is not smart to put all your eggs in one basket. I love his method that you put 10% of your portfolio in, if it does well, put more. If it does not do well, you are not blow away.
Learning to master failing, learning and growing.
I have personally done 6 business plans, tried 3 ventures, only my original one worked and I have been very successful since I am not scared to fail, hedge my risk and get up and go. I would say that a course will make make you millions, but it will lead you there with hard work, non emotion and so on.
Do not buy a name or based on what they tell you, buy it based on facts.
Exaple my Real Estate agent won Rookie of the year, out of 22 units, he got the lowest price for someone else, I got 3rd lowest. These are facts, you cannot lie or hype up. The guy who reccommended my painter had 5 houses done my this same person. So he is not sellin his friend, he believes in it.