Are The Sharks Going Broke?

[James Klymus]

Speaking of

So did you buy the platinum diamond ultra ruby capricorn seats?

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[MHP368]

1. He made fubu , a hiphop apparel company. So a strip club sort of makes sense.

2. He's a motivational speaker.

 

[PupRich]

Excellent

 

Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

[Little Bo]

One thing that we are forgetting at the moment from reading the thread is the fact that you can't just blindly follow the footsteps of other entrepreneurs in hopes of creating the same results. That was pointed out very well in one of the books and it struck me very hard, which brings me back to these seminars. They may be attracting just to sheer value of how they created such a big companies, but it becomes irrelevant after a six months to a year time which means even if these people were giving real value it would still be worthless with just how things change. To add to it it's just much easier for them to do up sells since it takes way much of less their time and therefore such scams enter and exist around us.

 

[foodiepersecond]

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.

HOT! - Rich Dad Seminar Exposed (FINALLY!)

Posted in the other thread too... Hidden cameras, suckers paid $500 to receive ten bucks of information and 3 days of hard upsells ... but didn't Fastlane expose this almost a year ago? http://www.cbc.ca/marketplace/2010/road_to_rich_dad/main.html RK, a man who claims "due diligence" in all...

www.thefastlaneforum.com

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.