'To rise above one's wall of resistance is to bare witness far beyond the horizon, behind the veil of life'- DGGibson
A Big Name Entrepreneurial Course May Mean Max Debt, Not Max Wealth
A name like Donald Trump always seem to be placed with words like smart, savvy, quick read, intelligent, leader, rich, network marketing owner, real estate developer, casino owner, and the like. But it seems the No. 1 lesson students learn at Donald Trump’s online business program is How To Max Out Credit Cards 101, a new lawsuit charges. Perhaps a new dictionary meaning for the word of the day Max.
Tarla Makaeff, who took a one year apprenticeship with Trump University says she lost $80,000, including $34,995 for a “Trump Gold Elite membership.” She was whacked on interest, financing, late fees, penalties and expenses. Her real world experience included a half-day trip to a Home Depot to examine supplies for fixing up foreclosed homes – plus mentors who pushed self-serving deals, who then disappeared and failed to return calls. The full article is HERE.
It seems the dream for riches and wealth via a short term course or program/system with a powerful corporate brand identity does not always lead to fortune as a quick step to the end of the rainbow. Many internet affiliate programs operate the same way, such as network marketing companies, of which there are some great one’s. Remember, they are the one’s always leading, you following. That’s the way the protocol works. Always remember this. It is never the other way around. I sometimes wonder what it is about human nature that we buy into systems that appear like a short cut to success. We are always told ‘just follow the leader’ and you will win. The mind is guided (misguided?) by the senses and emotions. A bad combination and easy lure to the unaware. If you examine business closely you will find an inherent truth for the wealthy want- a- be. If you look at the inside financial statements of these companies you will find less than 20% make any kind of living as an associate doing it. 3% make a decent living. 1% make a lot of money and get rich, then run off to the next big thing. So if you choose to do this type of business yourself be prepared for the truth and work required to make a massive success of it. Just do not make the same mistake going forward in any venture that lures you to the short cut, which requires your money, lots of it, where there is no assurance of success. It seems the road to finding gold is lined with credit card debt and stress, to the max. Do not do the same. Be smart, be savvy, be the leader, end rich…
Until the next WebLog, GG
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