I recently attended the Rich Dad Poor Dad 3 day legacy training. I will give a fair review with an honest opinion. Before attending the training I already knew that I would not be uphold to the 40,000 dollar course(that you have access to for a year), but I was interested to see what I could learn. If you do decide to take the training beware because their job is to get you to buy the mentorship.
First, I want to address the good things about the event. In an effort to get you enough money to afford to pay for the class they introduce websites like sproutfin, sofi, and prosper. I was instantly able to attain about 100K in money in seconds. That information alone was worth the 3 day course, but I will use that knowledge for future deals. The paid program comes with an accountability partner, for those who need the extra boot in the rear. They briefly went over techniques such as lease options, dun and bradstreet, and asset protection. One of the best thing is that the people that attended were serious and it was great for networking and I introduced some of them to bigger pockets.
Now to the cons. For the 700 dollar I paid I expected a more comprehensive and in depth look into real estate math. Of the 8 hours a day you spend expect about 3 hours to be dedicated to them marketing their program to you. If you have any experience in real estate, I do not profess to be an expert, you will notice they use some real estate terms in correctly. You will have the mentors for 31 days and they will work with you for only 3 days. 40K is a lot of money that is not used to fund a real estate deal. The program also comes with a site similar to biggerpockets but its 997 dollars up front and 97 dollars a month and that's not covered by the cost of the program.
I do recognize the benefit of a mentor, I am currently seeking one, and if you feel that this the best way to go its your life. Its not for me and honestly having this platform it seems unnecessary to spend so much for the same education.
Curious how the D&B was applicable? Care to go in more detail?
So they went into D&B and briefly touched on how it could be used to build business credit. They insinuated that if you register you company with a D&B that over time you could build separate business credit that is not tied to your as the individual. It was a very brief introduction, as with most of the subjects they touched on, but I became very interested and it prompted me to do further study.
I was 18. Broke 1st year community college student. I called one of the Rich Dad Poor Dad company to sign up for a $100 ($300, I don't remember, this was 7 years ago) program on Real Estate investment. I was up sold to a $4,000 (thousand!!) program that supposedly teach me everything and guarantee me a success as a real estate investor, whether I wanted to flip and sell or invest for a longer time and rent a place out. I paid and joined. They gave our word documents, held weekly calls, and partnered as with other people on the program but it was SO USELESS and I never made a single dollar.... If you know if I can still get that money back, I'm all ears.