My experience working for GURUs - Posted by Jim
Posted by Jim on April 06, 1999 at 15:30:27:
Having worked for many gurus and having a very deep understanding of the inner sanctum, here is my 2 cents.
1st - There is nothing wrong with selling information as long as what you are selling is the truth and if worked, can do what is promised.
2nd - There are no new ways of doing the business, only repackaging. Having worked with and for the top gurus, nothing new under the sun.
3rd - ANY guru who states they will be your partner or put up the money if you buy their information is simply scamming. You are either in the selling of information business or you are in the developing partnership (LOCAL) business increasing your own personal portfolio - YOU CANNOT DO BOTH - Full Stop! There is simply not enough profit margin, manpower, systems, and expertise to both at the same time.
4th - Only 2 major gurus that I know (key word is major) either still or have ever bought and sold 1 single family house.
5th - The #1 problem I have seen with gurus and why they get in trouble is not if the information works (see 2nd line), it is because of refunds. For all of you wanna be gurus, NEVER mess with refunds.
You see Nationwide has been smart to the degree their refunds are kept at bay and are probably much higher than normal, usually 10-15%. I do understand some folks have unsuccessfully tried for their refunds. Believe me, if you follow some simple procedures, YOU WILL GET A REFUND. Just because Nationwide offers to be your partner or put up money (even though I know it is false) they will never get in trouble for this sort of advertising.
Where they will get in trouble is messing with refunds
P.S. Someone please develop spell check for newsgroups