BiggerPockets

How To Avoid Getting Ripped Off By Gurus

Have you ever been frustrated about putting information from a course you just bought into action? This article has a few tips for getting the most out of any program you plan to purchase or already own.

One of my mentors, T. Harv Eker, asks people in his semina[b]rs to "...not believe [he] says." The point is not to take anything someone else says as truth without seeing how what someone else is telling you actually relates to what's going on in your life.

For example, let's just say that you attend a meeting at your local real estate investor association. They have a guest speaker who tells you that you are crazy if aren't flipping houses for cash. For starters, that speaker has a course he's trying to sell you with everything he's got.

How many times have you bought course where the trainer got you really excited about doing a particular technique. He showed you slide after slide with copies of checks.

But when get the course, it's not very well put together. You find out that if you REALLY want to know how to make this particular technique work, you have to buy the monthly program and spend a whole bunch more money.

I've bought those types of programs myself.

Sometimes they are worth the investment...In fact, if you get the right information at the right time, it can save years of struggle.

But let's say that it's the perfect program for you. You've decided to put your stake in the ground around this topic.

Even if it's a well put together programs that seems to be targeted to your specific need, don't expect a silver bullet. You still must take everything in the training with a grain of salt because of market variability.

It's my experience that I can make some form of just about any given technique such as buy and hold in a given price range, wholesale flips, retail flips, etc. work in my particular market. However, markets are different geographically and over time.

So it's nearly impossible to apply any given technique out of box exactly as a guru says to apply it and get exactly the result that someone else got.

Yes, there is also a something that Tony Robbins calls "modeling". Modeling is a way of mimicking the beliefs, thoughts, and actions of someone else who is successfully doing something you want to do.

It's been my experience that modeling tends to produce some excellent results.

What has worked the best for me is applying the technique, or modeling something as closely as possible. When you don't get the ideal result that you'd hoped to get, look for these things:

1) What did I learn from that test run?
2) What adjustments do I need to make in order to get this thing to actually produce the results I'm looking for?
3) What's the new action for me take based on these results?

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