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Posted about 16 years ago

Rich Dad education... legit?

This is a great investigation on the Rich Dad seminars moving in and out of towns all around the continent... and just another reminder to be discerning before spending your money.
Don't get me wrong- I was one of the people who threw down thougsands of dollars for some of the advanced education, but looking back, I think I could have found it for free in a number of other ways.
What d'you think...
http://www.cbc.ca/marketplace/2010/road_to_rich_dad/main.html

Comments (4)

  1. Rich Dad Poor Dad like so many other programs that promise to lead one to the path of success are more focused on selling a program than illuminating a path to success. I beilive many of the programs that can be found on the internet can provide value but many times the cost is quite steep. Robert Allen also holds interesting and informative seminars that provide equally attractive programs. Im sure they may be worthwhile for many who can manage the fee but I am equally sure that many more struggle to come up with the fee and are disappointed with the results.


  2. I like his books, but not the live training. He has partnered with Russ Whitney's old company for the free live seminars, 3-day workshops for $500, and the advanced training for thousands. I recently attended a free live seminar just to see what they're up to, and they seminar was hype-heavy and extremely sales oriented. They care more about getting into your wallet than educating you on investing. They used every psychological trigger in the book to drive sales and glossed over the realities of real estate investing. In addition, the speakers were not real investors. They were salesmen.


  3. He was definitely a catalyst for me and many other investors... but the thing that bothers me most was when he was confronted by the reporter he acted like it wasn't his responsibility because the seminars were just licensing his company name - they weren't run by his company. seems to be a pretty weak excuse for a man who seems intelligent.


  4. Interesting article. Although I have not read any of his books or been to any of his seminars, I do think he has some interesting concepts for the novice. However, it does seem that his desire to get you to spend more money on his products way overshadows his desire to educate people. This seems to be a major conflict of interest that keeps me away.