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“Your future is created by what you do today, not tomorrow”
Robert Kiyosaki
Rich Dad Poor Dad Seminars Review
Hello there. I just got back from one of the Rich Dad Poor Dad Seminars in Toronto. Below is my quick overview of the event. As you probably know Rich Dad Poor Dad Seminars take place in most of the US and Canadian cities:Tulsa, Norman, Raleigh, Oklahoma City etc.
So I decided to share my opinion with all of you. Hope my experience will be helpful in deciding whether you’d like to attend one of those seminars as well.
General information about Rich Dad Poor Dad Seminars
The seminars are sponsored by Rich Dad Education. For those of you who don’t know Robert Kiyosaki, he is the author of Rich Dad Poor Dad series of educational books and other materials. I have
read a couple of books by Kiyosaki and I liked them all. Yet Rich Dad Poor Dad is my favorite one. The premise of the books is simple: You won’t get rich working for someone else. Rich Dad Poor Dad is a good book to pick up if you haven’t read much in a personal finance section. Most of the iformation is very basic, but quite motivational.
Since I wanted to get a deeper insight into personal finance and investing, I decided to attend one of the Rich Dad Poor Dad Seminars. I was skeptical at first because I had a feeling I would learn nothing new and all they will try to do is to sell some stuff to me. Well, I was wrong.
In general, Rich Dad Poor Dad seminars are all about Stock and Real Estate Investing. The one that I attended was focused on Real Estate. There were around 150 attendees and about 5 members of Rich Dad team. We were seated in a nice air-conditioned hall with 2 projector screens set up in the front where the presentation was shown. Our presenter was a guy in his mid-fifties, Brian if I remember correctly. He turned out to be an exceptional speaker and very professional sales person. Oh yes, they did try to sell us stuff. But more on that later. First, he shared his own success story with us and showed some family pictures demonstrating his financial well-being. He really takes pride in being able to support his family and make them happy. This definitely added a personal touch to the presentation and warmed up the audience right away. He handed out a couple of books and CDs to people in the audience. If you decide to attend one of the Rich Dad seminars here is a hint for you: if the speaker asks you: “Who wants this book?”, get up and GRAB it. It’s actually a lesson about taking action. So if you get up and take the book, it’s yours.
The presentation itself was very well structured; it gave us some valuable information and ideas on real estate investing through real life examples and case studies. The speaker talked about such things Good Debt or Bad Debt, Hard Money Loans, Real Estate Investing Techniques, Taxation, Liabilities, Assets, Cash flow, etc. I knew some of this stuff, but I definetly picked up a few Real Estate strategies on the way. Lease Option and Wholesaling strategies I found especially interesting. I didn’t realize you can make money in Real Estate without taking possession of the property and not paying huge ownpayments.
Presenter didn’t spend much time on either one, cause he had a lot more to cover. Plus, he was also focused on up-selling an advanced 3-day training package that will be taking place in Toronto next month. The advanced 3-day seminar costs $995 and includes a bunch of materials and perks, like audio CDs, books and Handouts. By attending one of those Rich Dad Poor Dad seminars you also get a lifetime membership that gives you access to advisors and specialists. Even though the course is $995, if you register during the free seminar you can get the same package for $495. Plus you can bring a guest with you for free, which works out to be $247.50 per person.
My impressions about Rich Dad Poor Dad Seminars
So I sat there and thought to myself: I spent about $500 on each university course that I have taken, and some of those classes turned out to be absolutely useless. I doubt I will EVER use the stuff I learned (History of Espionage, anybody?). So I reasoned with myself for a few short minutes and I signed up for one of the advanced Rich Dad Poor Dad Seminars. I will be attending the full deal next month. Whether you decide to sign up for the weekend seminar or not, I would still encourage you to visit one of Rich Dad Poor Dad seminars if you’re serious about learning new things in Real Estate investing. Some of the major cities that now have Rich Dad Poor Dad Seminars: