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Dan Peña wants you to be successful ...

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Dan_Cardone

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Once again, a guru scam!
Im not saying its not overpriced (especially since all the qla stuff is free on his site) but what exactly makes it a scam?

I have no intentions of attending this but people are to quick to label every event as a scam. On the plus side, he doesn't upsell people to anything so there is that.
 
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MitchM

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Once again, a guru scam!
A scam would be promising something and not delivering, but he has said straight up that most of this stuff is available for free online.

If someone doesn't want to pay $1500 to attend, they simply don't have to attend.

MJ could make a course out of his book and charge $1500 for it - and that wouldn't be a scam. The value he provided was much more than the cost of his book, as it changed my life and many others.

There's actually a value to investing in something, because putting money into it makes a statement to yourself that you are going to take it seriously and get as much from the experience as possible.

In a way, the money invested acts as both a filter and a way to get people to take action.

Am I saying that what he is doing is actually worth $1500? Well, I have no idea... but it doesn't seem like a scam.
 

francevalue

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A scam would be promising something and not delivering, but he has said straight up that most of this stuff is available for free online.

If someone doesn't want to pay $1500 to attend, they simply don't have to attend.

MJ could make a course out of his book and charge $1500 for it - and that wouldn't be a scam. The value he provided was much more than the cost of his book, as it changed my life and many others.

There's actually a value to investing in something, because putting money into it makes a statement to yourself that you are going to take it seriously and get as much from the experience as possible.

In a way, the money invested acts as both a filter and a way to get people to take action.

Am I saying that what he is doing is actually worth $1500? Well, I have no idea... but it doesn't seem like a scam.
Yes I was a bit quick to call it a scam. In fact I find it a bit overpriced, but if it really brings value, then it's not a scam you're right!
 

Ninjakid

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Honestly, 1500 Pounds is not super expensive for a seminar. It's actually one of the cheaper ones I have seen. You should see how much Robert Kiyosaki charges for his.

And he's not scamming you. He's clearing telling you what you'll be getting you and providing it. Whether or not you think it's valuable is up to you.
 

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Johnny boy

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Name one person besides you who wants you to be successful. Not even your mom does. She just wants a son who's successful. You just happen to be the son. We all want ourselves to win in one way or another. And that's how it should be.

MJ didn't write a book because he loves you. He sold it. And it provided a lot of value. Dan might be offering a seminar that details how to start a type of business that you can make a hundred thousand dollars doing. That's a good deal then. Maybe it's bs. Who knows? Don't pay for it unless you think it's worth it. I sure laughed my a$$ off when he called the whole room retards on a youtube video though
 

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Yes I was a bit quick to call it a scam. In fact I find it a bit overpriced, but if it really brings value, then it's not a scam you're right!

No you weren't, this screams of scam.

Firstly this is a quote from that link:

"BTW: I HAVE NOT HAD A FULL DAY QLA SEMINAR THIS CENTURY, OUTSIDE MY CASTLE HOME! BUT DO LIKE YOU HAVE ALL YOUR MISERABLE LIVES – PROCRASTINATE & DON’T ATTEND MEATHEADS & THEN COMPLAIN HOW YOU MISSED THE OPPORTUNITY TO HEAR & SEE QLA FROM THE F*ckING HORSES MOUTH! COME SEE ME IF YOU DARE SNOWFLAKES! "

Using the terms miserable lives, meatheads and snowflakes to your potential customers is not only unprofessional, it outlines the kind of person he wants, a non-thinking depressive that will happily give money to somebody insulting them.

Secondly he claims to have generated $6 trillion dollars for him and his mentees, this is clearly BS with a huge pink bow on it. He is basically saying that if he mentors you, you will become a multi-billionaire.

I guarantee you that if you paid the $1500 or whatever, the entire day will be one long hypnotic trope for his mentoring program.

"Here's another story about a guy who didn't have enough money to buy milk, but managed to save up enough money to pay me $10,000. He now owns a Rolls Royce, a private plane and a gold toilet!! That could be you!

But don't get your chequebooks out yet, listen to another story of someone giving me money and becoming successful!

Not convinced yet? Here's a picture of a Bentley. No?

Here's a picture of a Bentley in front of a private plane?

Okay, this should get you, seeing as there is one woman in this room and she's an employee of mine. Here's a picture of a Bentley in front of a private plane, with a pretty girly sitting on the bonnet!!

There we go, that's right sir, just sign here and move on, your holding up the queue."


There will be no substance to what he's saying, he'll regurgitate the free crap on his website and he'll instil the feeling that you're getting in on a secret that the people who get this tripe for free do not have access to.

When in fact, all you'll be getting access to, is the dubious honour of giving him even more money, he'll upsell you till you realise you've been scammed, then call you a snowflake for daring to complain.
 

DST

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Sorry, corrected it now. I got the link from his newsletter.
Why do you subscribe to him if you believe he is a scam then



He teaches people to get ownership of existing businesses and corporations out in the real world, which I understand people who wish to become rich by sitting at home in their underwear trying to make a popular app seem very surrealistic and frightening


womp womp
Offended snowflake detected. He is an old timer who got his life straightened up in the military where they all spoke that way and simply got shit done
 
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cy-

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Generated $6 trillion for him and his mentees?

That's approximately 4 times Scandinavia's yearly GDP.

Funny how I never heard of this guy or anyone being mentored by him.

I've been to quite a few summits & events with both high corporate people and several big entrepreneurs, but I never hear ANYONE ever mention anything about any guru.

It appears to me that the gurus' market is small business owners or wannabe business owners.
 

Low Chi

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Don't know any other living person like Dan Pena with such a track record from a mentee's point of view. Even very old legends from the coaching field had maybe thousands of attendees - but not with such a track record in the attendee's growth. See PDF. The way he treats everyone with disrespect might not be everyone's etiquette, but he wants to awake people from their comfort zones by disrupting. He does not need any attendees money. In fact he was asked several times to write a book about the self help industry and people "not walking the talk". I think his opinion regarding selling books and seminars, but not being an entrepreneur in any other field is very close to MJ's in the book Unscripted.

So if you judge the guy or try to "protect" people from attending the QLA seminar... remember that the fact is happening in your world and not in his. He doesn't have to sell anything. He doesn't do it for the money. The attendee fee is an entry barrier. Letting attendees wear skirts in times past during the seminar was an entry barrier. Disrupting attendees a whole week is an entry barrier. Calling them DURING the seminar with abusive words is an... entry barrier.

Nothing else than an "Indecision filter". (He would call it to "separate the boys from the men"... but in more disruptive wording.) The guy has in one of his seminar rooms a framed cover of the book "Release your breaks". Now think of it... I guess it's just part of his value system to develop a mentee and this development is working for him.

His own book ("Building your own guthrie" or later new title "Your first hundred million" ) got later a preface by Dr. Kleinfeld (CEO Siemens, Alcoa, as of today Arconic). I assume, Kleinfeld is very hard to hire for a preface... ;-) Dan Lok convinced Dan Pena to share his content for free. But that didn't lead to more executions. Before that, people paid hundreds on ebay to get a used copy of the book, which was out of stock for several years. So as of today people attend for the reason being forced to execute. I didn't attend his seminars, but I was mentored by one of his mentees. Any level of achievement, you assume you have at a current level is... disrupted there. It just doesn't count if you never sold anything or if your holding is already worth a hundred million bucks. And as the level is disrupted, the comfort zone is unmasked and the will to grow regained. That's not what everyone is willing to do. But you don't have to buy any drill instructor seminar.

What is happening in the inner world of one during discussing from a first impression and a fast conclusion or judgement? You are distracted. You have an opinion. If that guy and his behaviour is bothering you... why not focusing your will towards next action steps and ignore him?

Why wasting time running around and labeling the non-uplifting content "bad" instead of helping with uplifting content or even better: checking out his free content and how the working parts can be applied in one's own life? Just my two cents for those who get trapped in this dangerous distraction field.

And yes, this post is also just an opinion - written in my spare time ;-)
 

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Black_Dragon43

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Don't know any other living person like Dan Pena with such a track record from a mentee's point of view. Even very old legends from the coaching field had maybe thousands of attendees - but not with such a track record in the attendee's growth. See PDF. The way he treats everyone with disrespect might not be everyone's etiquette, but he wants to awake people from their comfort zones by disrupting. He does not need any attendees money. In fact he was asked several times to write a book about the self help industry and people "not walking the talk". I think his opinion regarding selling books and seminars, but not being an entrepreneur in any other field is very close to MJ's in the book Unscripted.

So if you judge the guy or try to "protect" people from attending the QLA seminar... remember that the fact is happening in your world and not in his. He doesn't have to sell anything. He doesn't do it for the money. The attendee fee is an entry barrier. Letting attendees wear skirts in times past during the seminar was an entry barrier. Disrupting attendees a whole week is an entry barrier. Calling them DURING the seminar with abusive words is an... entry barrier.

Nothing else than an "Indecision filter". (He would call it to "separate the boys from the men"... but in more disruptive wording.) The guy has in one of his seminar rooms a framed cover of the book "Release your breaks". Now think of it... I guess it's just part of his value system to develop a mentee and this development is working for him.

His own book ("Building your own guthrie" or later new title "Your first hundred million" ) got later a preface by Dr. Kleinfeld (CEO Siemens, Alcoa, as of today Arconic). I assume, Kleinfeld is very hard to hire for a preface... ;-) Dan Lok convinced Dan Pena to share his content for free. But that didn't lead to more executions. Before that, people paid hundreds on ebay to get a used copy of the book, which was out of stock for several years. So as of today people attend for the reason being forced to execute. I didn't attend his seminars, but I was mentored by one of his mentees. Any level of achievement, you assume you have at a current level is... disrupted there. It just doesn't count if you never sold anything or if your holding is already worth a hundred million bucks. And as the level is disrupted, the comfort zone is unmasked and the will to grow regained. That's not what everyone is willing to do. But you don't have to buy any drill instructor seminar.

What is happening in the inner world of one during discussing from a first impression and a fast conclusion or judgement? You are distracted. You have an opinion. If that guy and his behaviour is bothering you... why not focusing your will towards next action steps and ignore him?

Why wasting time running around and labeling the non-uplifting content "bad" instead of helping with uplifting content or even better: checking out his free content and how the working parts can be applied in one's own life? Just my two cents for those who get trapped in this dangerous distraction field.

And yes, this post is also just an opinion - written in my spare time ;-)
Well thanks for sharing that PDF resource.

Here's my problem with Dan Pena and others like him. All this loud chest-beating "I'm the 50 billion dollar man", bla bla is a farce. If he's a billion dollar man, where are his billions? He claims he has created billions for his mentees, but where are HIS OWN? Clearly if you create a TRILLION worth of wealth, you should at least have a meagre 1% of it... or even 0.1%!
 

cy-

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Well thanks for sharing that PDF resource.

Here's my problem with Dan Pena and others like him. All this loud chest-beating "I'm the 50 billion dollar man", bla bla is a farce. If he's a billion dollar man, where are his billions? He claims he has created billions for his mentees, but where are HIS OWN? Clearly if you create a TRILLION worth of wealth, you should at least have a meagre 1% of it... or even 0.1%!
Because his passion is to help OTHER people succeed, duh! :rofl:
 

Black_Dragon43

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Because his passion is to help OTHER people succeed, duh! :rofl:
I listened to this video while working awhile ago and I was laughing my butt off...

View: https://youtu.be/_yeEmtmtcMM?t=261


"10% of that 2% are alpha males... like me! If your communication skills get 5% as good as mine, it's an instant BILLION! 5 PERCENT! It's instant billionaire. Now there's no one who has HALF of a percent!"

:rofl: :rofl: :rofl: :rofl:

5% as good as his and you're a billionaire. 100% as good as his and you're a small-time millionaire?
 
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payingkarma

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Trillion dollar man.. just throw a big enough number and associate with it.. that's scam...

The closest he was was with his company that was valued at 400 odd million and he had a very minor stake.

Since he was a aggressive idiot, exactly like he portrays on the videos, he was thrown out of the company. Why, because he didn't have a controlling stake.

Sure he made a few millions. Even the ten kids building a huge following nowadays are making in millions.

Billions by a long shot. Trillion forget it.

He uses Castle to show he is a big d!@k. But he rents his Castle out.

Trillion dollars man wants just $1500 .. he sells courses to pay bills. That's a scam.

I listened to a few videos... He treats attendees as slaves and he is not giving anything actionable.

Infact I will never take his advise. He says give equity to get the with done. Thats dilution.

And in business you want accretion, not otherwise.
 

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Black_Dragon43

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Btw, Felix advises not to give up on equity.
Of course! All those kids running for investors, they're actually getting another job, since they won't be owning the damn company. Dan Pena advises you to sell your soul in exchange for capital.

What's the point of starting and growing a business if you're not going to own it? Better to have a much smaller company and own 100% of it, have absolute freedom, than to give up your freedom, have more money, and be a slave to others (an employee basically).
 

Devampre

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SMH. I wasn't going to reply, but my coffee maker is taking it's sweet time this morning...

Here, I'll give you the rough actionable cliff notes from Mr. Pena that he's been screaming at people for years. This is in a nut shell and maybe not the exact order of operations. But, I was able to get this from him for free...

1. Find a deal (a company for sale.)
2. Raise the capital (not from friends and families, but banks, governments, angel investors, etc.)
3. Get a dream team together (people that can do what you cannot and expect to pay/give equity for this on the first deal.)
4. Buy the deal.
5. Improve the operation to turn better profits
6. Exit, sell, retire and on to the next deal.

Seem daunting? Seem risky? Well it can be. And there are no guarantees. But, a surefire way to never be profitable through acquisition is to never try.

Now personally, I don't see a need for myself to attend this seminar. I'm growing my own business through it's infancy without borrowing money first as I want to become more competent and grow these skills. Not an excuse, it's a conscious decision how I wish to become profitable at the beginning. I have a goal in mind to hit before I look at borrowing/leveraging anyone else's money on a deal.

And If I need to get fired up, I can put on some motivational audio from someone like Pena or I can blast some Infant Annihilator.
 

Black_Dragon43

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1. Find a deal (a company for sale.)
2. Raise the capital (not from friends and families, but banks, governments, angel investors, etc.)
3. Get a dream team together (people that can do what you cannot and expect to pay/give equity for this on the first deal.)
4. Buy the deal.
5. Improve the operation to turn better profits
6. Exit, sell, retire and on to the next deal.
And banks and angel investors are idiots no? They'll willingly share the pie with you? More like they'll grab the lion's share and you'll end up their slave.
 

Devampre

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And banks and angel investors are idiots no? They'll willingly share the pie with you? More like they'll grab the lion's share and you'll end up their slave.
They want a return on their investment, of course. But, you can become much more wealthier by doing this.

I also, wouldn't say that you'll end up a slave. But, yeah usually your first deal isn't going to leave you as the big cheese. I mean if you are leveraging other people's money and other people's skills; then what do you bring? Rather, what role can you fill in the operation?
 

Dan_Cardone

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So Im not a Dan Pena fan. I read his book a long time ago and watched some video on his lessons the other day but anytime someone goes from broke to having a networth of 450 million I usually pay attention and see what I can learn from then.

Im not saying to learn from taking expensive seminars but rather to read up on their history.

How did he make his millions?
What company did he run?
How was it ran?

Success leaves clues. Im slow to criticize anyone who ammsed that amount of money, id rather see if I can learn anything from them.
 

Dan_Cardone

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Trillion dollar man.. just throw a big enough number and associate with it.. that's scam...

The closest he was was with his company that was valued at 400 odd million and he had a very minor stake.

Since he was a aggressive idiot, exactly like he portrays on the videos, he was thrown out of the company. Why, because he didn't have a controlling stake.

Sure he made a few millions. Even the ten kids building a huge following nowadays are making in millions.

Billions by a long shot. Trillion forget it.

He uses Castle to show he is a big d!@k. But he rents his Castle out.

Trillion dollars man wants just $1500 .. he sells courses to pay bills. That's a scam.

I listened to a few videos... He treats attendees as slaves and he is not giving anything actionable.

Infact I will never take his advise. He says give equity to get the with done. Thats dilution.

And in business you want accretion, not otherwise.
Selling courses is a scam?

I have no idea if his course or seminar is worth it but not all courses and seminars are scams.

I once paid $5500 for a Dan Kennedy event. Worth every penny. My first six figures came directly from what I learned from that event. Pretty good ROI.

I think many of us, myself included, are to quick ro criticize other successful entrepreneurs. The guy is worth 450 million according to various sources and he was born poor. Im sure there are soke lessons there that can be uncovered and applied.

Learn from all successful entrepreneurs even if you dont personally like them. Im not telling you to buy their expensive courses but you don't need to do that to learn how they made their money.
 

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