All Topics / Opinionated! / Kiyosaki a fraud???

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Viewing 6 posts - 21 through 26 (of 26 total)
  • Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    Terry Ryder is full of sour grapes and his way of making himself known is by tearing other people down. I guess thats the only way he knows how to be famous and make money!

    He started out writing about Real Estate Agents and how they are all conners and then once he starts getting attention thru his books, he starts attacking the wealth seminar coaches. I was a bit pissed at him for generalising too much, he thinks if 1 seminar guru is ‘bad’, then ALL of them must be!

    Now he is taking a hit at Kiyosaki.

    Read what he writes about Kiyosaki:

    “But I also find the mix of business unlikely. The guy owns “convenience stores, restaurants, and a construction company.” I guess I can imagine a guy who owns convenience stores and a construction company. It’s odd, but not impossible. However, I cannot imagine a restaurateur who also owns a construction company. For one thing, the restaurant business is extremely management-intensive. At good restaurants, the owner is usually there almost all of te time. Same is true of construction. Plus restaurateurs that I’ve known are very different kinds of people from construction guys.”

    Now this guy’s mind only knows how to use narrow analysis and argument to make a point. How the heck does he know that it’s impossible to own a wide range of businesses eg restaurants and construction company at the same time? Is he saying its impossible just because he himself can’t do it?
    I know a lot of entreprenuers who own a wide variety of businesses. One guy owns restaurants, rental shops, construction and development companies, property manager, bookshops etc all at the same time. He doesnt have to be physically there himself to run em (self-employed), he owns them (business owner). Nobody says he has to be there cooking himself! Wake up Terry!

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    and Terry Ryder is getting attention from the public because shows like Today Tonight are all fault finders as well. They go around trying to put blame on people for this and that.

    Once the Today Tonight people blamed doctors who encouraged people to eat more fish, because some people have had mercury poisoning from eating too much. And they go after the doctors blaming em.

    These people will get their camera crew in the van at the drop of a hat when they hear someone complaining about something!

    And because of henry Kaye, now everbody is saying these seminars and teachers are cons! Too much generalisation.

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    Profile photo of fulloutfullout
    Member
    @fullout
    Join Date: 2003
    Post Count: 233

    ops, when I said Terry Ryder, I mean John T Reed. SOrry these guys have the same style of trying to get make money by finding fault with other teachers, that I cant tell them apart! BUt my point about how they do it still stands!
    [:)]

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    Profile photo of k_sonterk_sonter
    Member
    @k_sonter
    Join Date: 2003
    Post Count: 5

    You may be right……He did have a very succesful marketing campaign. His colour scheme for his books is great. He is a very famous author, but his books do lack alot of substance.

    However, I am following his model for wealth an dit has not paid off yet. I have owned a business, completed a degree in finance, and now I am selling commercial real estate and i own one investment property. I can tell you now that I am far from rich….I am only 24 but I am very far from being financial indepenant.

    I have read so many books on wealth its not funny, it is true to build wealth you need financial literacy but the key ingredient is HARD WORK…….there are no secrets……you must be motivated and really want it!!!!![:)]

    Profile photo of ChewyChewy
    Participant
    @chewy
    Join Date: 2002
    Post Count: 25

    Robert Kiyosaki’s Public Response to John T. Reed’s Review of “Rich Dad, Poor Dad”

    http://www.mastermindforum.com/kiyosakiresponsetoreed.htm

    Profile photo of Matt PMatt P
    Member
    @matt-p
    Join Date: 2003
    Post Count: 645

    All i can, from reading the investment books that i have read, the majority of “succesful” investors are only writting the books to make more money. I must commend Steve for his excelent book on property where he actually explains the methods.

Viewing 6 posts - 21 through 26 (of 26 total)

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