The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

HOT TOPIC Are The Sharks Going Broke?

foodiepersecond

Bronze Contributor
Read Millionaire Fastlane
Aug 2, 2019
114
106
67
Atlanta, Georgia
They're leveraging their personal brand and fame by plucking low hanging fruit. I'm sure they see it as "money left on the table".

A) Hire sleezy seminar firm who will charge $10K for an event.
B) Promote "FREE" seminar, promoting $10K seminar (Boom, instant $1,000,000 (100 attendees))
C) Show up for 20 minutes to grease the sale after attendees heard a 2 hour pitch.
D) Sleezy seminar firm pays the shark a royalty to simply put their stamp on their BS "training".
E) Rinse, Repeat in 50 cities. Boom, instant $50,000,000.

Not a bad return on their time, which is why they do it.

Unfortunately this type of operation is a racket, and it's why got Kiyosaki in trouble.


View: https://www.youtube.com/watch?v=dv6feHB0AE4
I've been to the Robert H. one. He wasn't even there. They also offer "training" for like 2k or 3k and they offer "credit" so who knows how much they make on pure interest.
 
OP
OP
pkom79

pkom79

Facebook Marketing Enthusiast
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Sep 24, 2012
607
786
319
40
South Florida
Now Daymond is available on demand for 6 easy payments of $299!

 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.


Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom