Tony Robbins sells out; reveals his Paradox of Practice, cringeworthy.

[lludwig]

There is nothing wrong with that. In fact, those people are needed to make society to work. If not, who is going to provide key services like picking up trash or being a nurse?

"The world needs ditch diggers too!"

 

[Valhalla]

He is an absolute F*cking force, check out his morning priming video. However as mentioned in Unscripted , did he ever sell out his audience with that horseshit money book he (ghost) wrote. To me, he's in that category where I can straight up ignore the bad stuff and take in the good. Grant Cardone however....

 

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[socaldude]

I like Tony Robbins and find a lot of value in his works but obviously Tony works with large corporations who cater to the mainstream. If they don't like it they don't publish it or broadcast it plain and simple.

I highly doubt you will ever see Tony come out and say "Drop out of college and start a business!". Even if in private he would give advice similar to that as he does work with entrepreneurs sometimes.

These are entities that vehemently fight to maintain the status quo. They will always believe and tout college, jobs, compound interest, mutual and index funds are the path to riches. The mainstream will strive very hard to defend these beliefs. There is very little room for an open mind.

And yet behind the scenes these institutions leverage different principles of economics and mathematics to create millions in income.

 

[Deleted50669]

@404profound your mindset is closed. open it. has nothing to do with TR.
Look for help from ALL sources. There is something you can take from everything.
Dude owns 30+ companies and helps millions. Surely there is something you can sift through and find that will help you on your journey......

It would be like me never reading another thing you wrote and thinking everyone that did is a fool......
No. At some point you are going to say something that helps me! Open mindset!

That's a good point. My resentment clouded my logic on that one.

 

[JAVB]

Very rarely have I found good advice from people intentionally giving them out. Coaches and Gurus making a living of off motivating and teaching how to make money, and charging for it? That eliminates credibility on the spot. IMHO. Over time, I've found that I get the best lessons from biographies. Reading between the lines, seeing how people make decisions and why... For example, I'm finishing "The Store of Everything" which tells Amazon and Bezos' story... fascinating how the guy left a "decent" job in NY to pursue this project... how his wife supported him, the different challenges and roadblocks he encountered... resilience, persistence, anger, grind... it's all here... Elon Musk from Ashlee Vance is another one... so on and so forth.

 

[lludwig]

I see your perspective but I think you're comparing apples to oranges, and on multiple fronts.

First, Tony's audience are not lazy plebs sitting on the couch all day. They are people who want MORE out of life, they want to live dreams, excel, and live financially free. No one listens to Tony because they want to work 50 years and put their entire life savings into the stock market, or with the firms Tony "recommends."

Not for anything MJ, not everyone wants to own a business. Yes, you can say they are limiting themselves but meh who are we to say.

In fact, the socialist Millenials, on the whole, want nothing to do with owning a business. It could be they hate Capitalism or realize the work involved to start a business. Less new business formation is occurring than 10 years ago.

While the MSM make entrepreneurship sexy and others look up to the "rugged individual", not everyone wants to climb that wall. I can respect that.

So what other options do they have then???

Even at the Tony Robbins events I've gone to, not all have aspirations of starting a business.

Some just want to lose 15 lbs., establish a better relationship with their spouse, or have a better outlook on life. It's not necessarily money as the primary focus.

Related to Tony's investment advice, is the FIRE movement. It's nuts to think individuals wanting to quit working before they really hit their peak earning years.

Just like FIRE, most individuals are seeking the stock market as the easy way out to their "nirvana". To each their own.

Though with the 10-year bull market, they will sadly be mistaken.

The next 10 years more than likely won't be as easy as the past 10. Things need to return to the norm with returns and overdue for a correction. I expect muted returns.

Tony's statements are technically correct about markets and returns. Though to your point, the interest rate scam is the realistic view of how real returns are created and the loss of control when investing in the stock market.

Tony is appealing to the individuals who want to go the traditional route for getting what they define as being "rich". Even though he himself didn't do it that way.

On the whole, the individuals who take Tony's advice will be better off than their previous route. Even though we (this forum) may think of it as a very shitty life path and haven't awakened their giant from within.

 

[rjrobbins2]

Just because someone spouts something you disagree with doesn't make them a sellout or a con man. For the average, scripted person, investing is a tool to grow your money. If done correctly, it works just very slowly. Someone cut not everyone out for the fast lane life nor does everyone want it. There are hundreds of millions of people in this world who are perfectly satisfied working a job, investing their money and retiring like the average person does. There is nothing wrong with that. In fact, those people are needed to make society to work. If not, who is going to provide key services like picking up trash or being a nurse?

Just because Tony didnt grow his wealth that way doesnt make him a hypocrite. Its because he is absolutely right. Most people arent going to be able to grow wealth any other way. Bill Billicheck was a shitty football player who never sniffed the NFL. Does it make him a sell out or hypocrite to coach a team to multiple Super Bowls using playing methods he was never capable of doing as a player? Some of the best teachers and coaches in the world are very poor at execution or used different methods in their life. You dont have to do something to teach it.

 

[Patrickg]

Tony Robbins wants you to invest: 'You are not going to earn your way into a fortune'

Michelle Fox | @MFoxCNBC

Published 3 Hours Ago

""You are not going to earn your way into a fortune. Even people that do that don't usually keep it," Robbins said on "Power Lunch." "You have to make money while you sleep."

The only way to do that is by earning compounding interest, in other words, interest on your interest, he explained.

Robbins, a special advisor to CNBC's Financial Wellness Advisory Council, pointed out the benefits in an op-ed for CNBC Invest In You. For example, if a 19-year-old invests $50 a week and averages a 10 percent annual return, he or she will have over $2.2 million at the age of 65.

But even if you are older, it's not too late to get in the game. To have $1 million for retirement, a 40-year-old needs to put away $15,000 a year and a 50-year-old needs $37,000 a year, he said."
_______________
You can't make this sh!t up! I read this interview in the news today. Thank you MJ for articulating the different perspective that so many of us just couldn't put to words. This crap from TR is what I believe for far too long.

Sure hope I didn't cross any lines here, but just about lost it when I saw this article.

That’s to bad. Tony Robins sold out. Not sure when. But defiently sold out.

 

[Valhalla]

To the people who gave me shit for calling him a con man, I'll be waiting for your apologies, lol

I think con men (conpeople) don't help anyone and never intended to. I definitely wish Tony Robbins would have written a different book about money, but he has helped millions of people through his other work.

 

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[458]

I will be honest, out of the hours and hours of Tony Robbins stuff i watched many years ago all i remember is how big that guys suit jacket was..

 

[Vigilante]

Would it surprise you to hear he's a Scientologist? (not that there's anything wrong with that).

And I agree with MJ on Dan Lok. He' gives away SO much value but it's up to you to pick it up and do something with it. (hrm, kinda like MJ.....)

I avoided the Tony rage in the late 80s early 90s. I was busy with 7 Habits and my Harley.

I think it would surprise Tony Robbins to learn he was a scientologist.

 

[papi016]

Very rarely have I found good advice from people intentionally giving them out. Coaches and Gurus making a living of off motivating and teaching how to make money, and charging for it? That eliminates credibility on the spot. IMHO. Over time, I've found that I get the best lessons from biographies. Reading between the lines, seeing how people make decisions and why... For example, I'm finishing "The Store of Everything" which tells Amazon and Bezos' story... fascinating how the guy left a "decent" job in NY to pursue this project... how his wife supported him, the different challenges and roadblocks he encountered... resilience, persistence, anger, grind... it's all here... Elon Musk from Ashlee Vance is another one... so on and so forth.

Have you read Shoe Dog by Phil Knight (The Creator of Nike)? It’s one of my favorite biographies.

 

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[Sanj Modha]

Tony Robbins caters to an audience and I can say with 100% honesty - reading his early material has changed my life because he made me see different perspectives.

Ray Dalio said something interesting: "The only way you can test your beliefs if is you talk/listen to someone who believes in the opposite".

I personally think Gary Vee and Grant Cardone are cringeworthy and that's totally fine by me. They give me validation for my belief systems.

 

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[Sanj Modha]

Just because someone spouts something you disagree with doesn't make them a sellout or a con man. For the average, scripted person, investing is a tool to grow your money. If done correctly, it works just very slowly. Someone cut not everyone out for the fast lane life nor does everyone want it. There are hundreds of millions of people in this world who are perfectly satisfied working a job, investing their money and retiring like the average person does. There is nothing wrong with that. In fact, those people are needed to make society to work. If not, who is going to provide key services like picking up trash or being a nurse?

Just because Tony didnt grow his wealth that way doesnt make him a hypocrite. Its because he is absolutely right. Most people arent going to be able to grow wealth any other way. Bill Billicheck was a shitty football player who never sniffed the NFL. Does it make him a sell out or hypocrite to coach a team to multiple Super Bowls using playing methods he was never capable of doing as a player? Some of the best teachers and coaches in the world are very poor at execution or used different methods in their life. You dont have to do something to teach it.

This.

Tony Robbins is respected by the biggest traders, investors and hedge fund managers in the world. People Jack Bogle, Ray Dalio, Paul Tudor, and Warren Buffet - they wouldn't give him time of day if they didn't respect him.

Also, the profits from his last book went to his Feeding America charity. All 100% of it.

 

[Ernman]

Kiyosaki was basically telling me that getting wealthy didn't stop with his advice alone. There was more to it.

So I eventually explored and found my way here.

It may be the same way with Tony Robbins. Self-development doesn't stop and finish with him.

In that sense, Kiyosaki did me some good, after all!

Yes, this was me as well. Still in the Navy at the time, wondering what I'd do when the country was done with me. There on the shelf was RDPD. It opened my mind to other possibilities. Fast forward to now and I'm smarter. Would I have still headed down this road had I not read RDPD? Hard to say. But I'm damned glad I found TMF and UNSCRIPTED . I only wish I had found them first.

 

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[Xeon]

To the people who gave me shit for calling him a con man, I'll be waiting for your apologies, lol

 

[Kruiser]

I've benefitted a lot from TR's stuff. I don't think his discussion of compound interest is a new thing for him. A year or so ago I listened to his Personal Power II stuff, which I think is from the late 80s. From what I recall, he had two different lectures on money. The first one was on creating value for other people and was very much aligned with what MJ talks about in his books. The second tape was about compound interest and included standard investing advice. For me, when the second tape started and he went into compound interest, it was like a record player screech. "Wait, what the heck is this?" It kind of confused me as it didn't readily align with his first lecture on money. Or, at least it didn't seem to align well to me. Maybe I missed something.

 

[Deleted50669]

Up to 63 million now... that's just who has attended events.

63 million fools, impressive

 

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[Deleted50669]

So you are saying I am a fool? You are saying MJ is a fool? You are saying KungfuSteve is a fool? You are saying all of the 63 million are fools?

Could you explain that statement? How does finding help in something or someone make one a fool?

Tony Robbins is two-faced. Therefore, anyone who follows his leadership is a fool. The fact that you, MJ, or anyone else became successful is probably not attributable to Tony's influence. Unless he espoused the same ideas as MJ's book, which to my knowledge, he doesn't; he preaches slowlane bullshit and gets people all positive and excited over... what? Randian principles that someone can learn from any source without traveling to a Tony Mosque and spending thousands to be in the graces of his charades? Anyone could do what Tony does if they swallowed their dignity and hired a PR firm to work on their smile. Give me a break.

 

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[LaraJF]

Grant Cardone however....

Would it surprise you to hear he's a Scientologist? (not that there's anything wrong with that).

And I agree with MJ on Dan Lok. He' gives away SO much value but it's up to you to pick it up and do something with it. (hrm, kinda like MJ.....)

I avoided the Tony rage in the late 80s early 90s. I was busy with 7 Habits and my Harley.

 

[ideasunlimited1]

We need to view TR for what he is: a man whose goal is to inspire the masses in the most generalized way possible. His advice can be summed up as, "hey, maybe if you want money, you should save it. Most of us won't have the drive to be entrepreneurs, but it's super simple to give money to invest..so like, I don't know, try it?"

 

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[ds_groundupbiz]

Yes, he sold out but not all of his ideas are ludicrous! The comments that you have pointed out are saddening to hear but I still give Tony some credit for helping me change my mindset (& improve my communication skills with others) way back before I discovered The Millionaire Fastlane .

Just because he shows a clear paradox of practice here, does that make him a bad guy?

 

[ericaung]

I read Money: Master the Game by tony robbins. After I read, i was so motivated to invest into the wall street. And, I opened a brokerage account and invested $$.

After a few weeks, I started reading other finance books such as Dave Ramsey, Ramit sethi "I will teach you to be rich". Actually, Ramit book's title should be "I will sell this book to be rich" LOL!

Those books are same shit - giving misleading information to achieve financial freedom by save and hope for 50 years.

"The Millionaire fast lane" and "Unscripted " are the books which completely change my mindset.

In real life, people hate the people who are telling the unpleasant true facts. They love people who are telling the comfort lies.

 

[ShamanKing]

He caters to an audience that isn't you, Mr CEO... He's just trying to help as many people as possible (the mainstream).

For another example check out Mark Cuban's "Guide to getting rich" on youtube.

Would you seek philosophical advice from "the hungry caterpillar"? (kids book).

1. Know where you are at, what are your current problems?
2. Seek advice for that level of problem, from the right people catering to your current level.

Teachers/mentors that served you at the beginning of your journey may well be useless at the latter stages, vice versa.

I have no doubt he is 100% well intentioned. Even bathing in the most cynical of thought, what does he have to gain at this point? Dude is worth $500m+

yes, I'm bias.

Exactly what I was thinking.

 

[Deleted50669]

It is always good to see that here at the Fastlane forums, we are so superior to everyone else.

Don't put words in my mouth. Not saying I'm superior, just that they're fools. If you have a thorn in your a$$, send me a DM.

 

[ZCP]

@404profound could definitely use some help on his mindset.
which ironically would lead him to TR for help.......

 

[Deleted50669]

@404profound could definitely use some help on his mindset.
which ironically would lead him to TR for help.......

I give up. It's me vs. the universe.

 

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[SeanC]

Let's consider the alternative.

Suppose Tony tells his mainstream audience to stop trading time for money and find clever niches where they can automate whatever value they provide.

I'd consider that highly irresponsible.

Most people don't have the knowledge to make it work or the guts to endure the horror along the way.

Talk to people "starting a business". For 90%, you can't help but cringe at their "plan". Sometimes it works out - I don't know how. Stats say usually it doesn't.

They probably should stick to jobs and traditional investments. They won't be in the top % - but they won't be homeless, either.

Someone primed for the fastlane probably figured that out on their own. What Tony Robbins, or anyone, says is going to have zero impact on their decisions.

 

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[ZCP]

damn .... something else i need to read....
The Monkey's Paw - Wikipedia

 

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[LaraJF]

I think it would surprise Tony Robbins to learn he was a scientologist.

That's why i only quoted the part about Grant Cardone......It explained some things to me. Your mileage may vary Cheers.

 

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