ROFL… this says it all! I really liked the oyster, it gave me a pearl but beyond that I’m beginning to wonder if it has any value.

Nope it doesn’t have value. If you don’t know how to use it and you cant find someone who will pay you a profit for it, no thing has value.

And guys… why are so many people discussing the shell? who cares if it’s faulty. Robert Kiosaki is just packaging. Examine the pearl and if you don’t know enough about pearls get a second and third and forth opinion – on the pearl – not on the shell. And if you make a mistake or bad judgement – on the pearl – not the shell – you will know for next time – keep going.

I thank those who posted useful stuff here. Much appreciated. I had thought the coaching was free and that they would then try to sell you stuff during the coaching. I thought i could do with a little refocusing at the moment and would ignore the sales stuff. But after the initial phone call, which had all the hallmarks of something that was not going to be free – I looked it up found this site and I wont be doing it.

The hard and fast rules that you can use to make money and minimise financial damage are all in the first book. If you really got those rules then you just need a bit of encouragement from time to time and remember to ask a good range of people who know more than you. You can get this for free. I sometimes go to those free property seminars – Not to learn anything or buy anything – I would never dream of buying anything there but they are great for getting you “back in the mood”.

A few years ago, after my marriage ended and I left my husband with just my personal items and about £200 –( i stayed in a sort of store room over a shop for a while) I read the first RDPD book and Russ Whitney’s rags to riches.

cut a long story short – I now have 10 rental flats/apartment (which I made myself) and two rental houses.

At age of 40 I converted two large houses into the 10 completely separate flats each with own utility supply and compliant with thermal and sound insulation. I knew nothing about the building industry but i found a bunch of people who knew more than i did about the actual work and i double, triple checked the sums and vital decisions.

The first set of five flats we actually did in exactly two months because there was a mistake with the loan i was supposed to get and i opened trade accounts with 60days to pay and i calculated and project managed pationately for 60days and we had 5flats – turn-key.

I kept my eye firmly on net profit and making sure I had enough margin to soak up “the worst that can happen.”

I made sure I understood ALL my costs and expenses. Hidden costs and unseen costs are killers. I check this over and over and ask at least 10 people smarter and more experienced than me.

However, I then got complacent and the novelty of watching the financial weather forecast wore off and I felt very stupid indeed when this crises hit. My portfolio is still income producing and not in negative equity but there are other moves I could have made that would have really made me loads of money if I hadn’t stopped paying attention.

But like it says in the first book, we will make mistakes – smarter people have made bigger ones. Just learn from it and move forward.

Don’t judge yourself or others too harshly when they screw up even if it seems like a stupid mistake. We all make stupid mistakes whether we like to admit to ourselves or not.

It is not nice to buy something you don’t need and loose a lot of money doing it but it does NOT mean you are stupid or gullible. If you keep doing it over and over then maybe…

I never say yes to anything in under 24 to 48 hours. I always first work out what’s in it for THEM. Then I take an honest look at myself and ask will I ever use it – this is where most people get caught – they should have answered “no” but they answer based on their INTENTIONS.

Once you have the keys to how money works – everything you need to know is in the first book if you read it and fully absorb the key points.
You don’t NEED to pay for any more information on how to be successful. Look for free encouragement and information.

You only need an expensive accountant and solicitor when you have a decent amount to loose

I see that everyone is charged a different price according to “what they can afford.”

Now I am a VERY motivated and dedicated person and I realized that this could have been a good opportunity to learn more about investing…BUT NOT FOR $3,899! If you break down the 30 minutes/week with your personal coach it only amounts to 12 hours for the whole coaching!

To me, $4,000 is definitely not worth 12 hours of time. This equates to $324.92/hr! The salesmen said that RK doesn’t need the money, nor do the personal coaches…sure they don’t need the money, but the money is their source of PASSIVE income. Robert doesn’t have to go to the call centers himself and talk to the people who want help personally, he created the passive income system and has removed himself from the equation. The salesmen also didn’t let me know about capped time with “my” personal coach.

Buy a Real Estate investing book, yes it is annoying to learn it all yourself but it’ll be more worth it I’m sure. If you look for a mentor, one will come eventually, but don’t wait for one before you actually start investing, just go out and invest today!

Also this guy, James T**** was very agressive and when I end up cancelling the program he told me in a very agressive way “YOU’RE A FAILURE, YOU WILL NEVER BE SUCCESFULL AND MARK MY WORDS YOU WILL NEVER BE FINANCIALLY INDEPENDENT”. I was so shaken up by his choice of words and his high tone. When I asked why he was raising his voice…he became even more agressive and said “BECAUSE YOU ARE RAISING YOUR VOICE!!!”.lol…which I was not at all.

The other thing that bothers me is that somewhere in the middle he adjusted my program to a $4900 fee. He just ‘forgot’to mention the package deal. When I asked about it he was very vague telling me I would be getting material send home. I then asked him what this material included and he started shouting AGAIN telling me “HOW DOES IT MATTER?! YOUR WASTING MY TIME! THIS IS RK WE’RE TALKING ABOUT”. Well I dont mind if it’s RK or the president of my country..WHEN I AM PAYING FOR IT I NEED TO KNOW WHAT EXACTLY I AM PAYING FOR!!!!!

The other main thing people forget to think about is how can someone who doesn’t know coach you. Coaching is all about finding out who the person is and uplifting them to another level with a program made espescially for them. What’s happening here is bulk sales…this can never be coaching. Also how can the coach get a “feel”for you when he/she is abroad. People search for a local coach!

Somewhere in the middle I agreed to de $4900 program and gave them my creditcard details. The money was charged but I immediately cancelled after that so they told me the money is frozen on my card and it will take 5 business days to get it back on. Does anyone have any experience with this proces?

He did however send me a short movie of RK welcoming me to the coaching program, but as I was looking at this movie I was thinking how shallow it was. mere advertising,marketing, sales and BRANDING!.

I ended up asking James, why he wasn’t financially free. he kept repeating how rich his dad was and how rich he was and that he did it to help people like me. Well judging from his SICK ATTITUDE…i think he is the one who needs help!

This is a big scam!!! Don’t ever fall for it. It’s a pitty Robert Kiyosaki is linking his name to it in order to expand his “system” of “passive income”. He should be knowing what he is “investing” into, because now he is simply indirectly cheating people and what goes around will certainly come around!

All you need to “qualify” is an ability to immediately part with cash, as far as I can tell.

In my case, I was asked about “lines of credit”, but they were only interested in my credit card and its limit. I told them the limit was £4500 (UK credit card) and he quoted me £4816 for the course, saying that I only needed to pay 50% now, and that RK recommended using Other People’s Money to finance the course. As with all large purchases, it is worth haggling over the price, and telling them your credit card limit seems to be how they set the price.

I nearly bought, but I had a gut feeling that something was wrong. I said I had a concern – that I was living in Spain and this was a US company who may not have enough relevant experience to coach me – which is a perfectly valid point, but which was never addressed. I was told that they had had been coaching people in places like Malaysia, and that they had had great success with people “in my area”. This was just too vague for me and I repeated that this was a concern.

At this point he became rude and almost abusive. He told me that I was not willing to admit that I was “scared”, and that that was what was holding me back. He tried to use the answers I had given him against me, as well as tactics that others have already described. I suppose he could see that he had already lost the sale, so he told me that I was “uncoachable” and, in an angry tone that we would “have to part as friends”, that I would probably be back in a few months when the cost had gone up and then hung up on me!

So, I will be taking my money to a local financial advisor and getting some professional advice. I will continue to search for a mentor, and reading books to learn about investing.

Of course I have no idea what the coaching would have been like. All I can say is the sales tactics stink, and that has not only put me off buying the coaching, but Robert Kiyosaki as a brand. A minority of posts have indicated that the coaching has been a good experience – if that is true, then this way of selling is repelling a lot of your best students.

Also i believe if i pay $5k i want face to face traning with the coach.Not just on phone And their study material is quite basic. you find related stuff on investopedia or stockcharts.com..
and after 12 weeks(1 day each week), they mentioned it is self-coaching.means finding your way on your own.Then what i am doing right now.
I wish if they can improve their standard. especially customer care, as they are very rude while talking about money.

Honestly i’m going to have disagree with 90% of the posts here… people who have discredited RDC due to feeling ripped off are only saying this because they have not experienced the coaching program.

i am just a regular guy living in Jordan and i usually get discouraged easily and i usually don’t start my business dreams… so i needed something to kick start things for me, i need someone there to tell me i’m doing the right thing and answer tough technical questions… and 3 months into it i can honestly say i have the confidence to start any business no matter the industry… this is priceless.

Furthermore my coach is extremely knowledgeable, friendly, honest and understands the situation and always responds to my emails. The director Travis at the beginning was asking questions to see whether or not i would fit this program, yes it’s a sell but that’s what life is all about you need to sell to make it, when you start your own business you need to sell – that’s the bottom-line… i paid approx $6000 for the program that lasts for 12 months and hands on training for 4 of those months and their guarantee is they will not leave until you finalize your business plan, even if it takes you longer than a year! I’m sorry that’s commitment! Do you know how much training costs for a 2 day program costs here? $2000 with absolutely no way of properly retaining the information…!

Was I scared to start yes i was, am i rich already, no I’m not, that’s because i’m still working on the business plan – my knowledge of business and financials has increased tremendously, but this is what life and business is all about taking a risk on something that you aren’t quite sure of and that’s why some are successful and others are not – and that’s why I am proud of myself for taking the step in improving my life…

Furthermore their resource center is just absolutely fantastic, the amount of things you can read about and this is something you can save a use again and teach others… so it’s worth it and i really feel sorry for the ones who didn’t take the chance on this. RDC is only a waste if you don’t use the skills you learnt, they won’t give you insider information that’s top secret that’s not how it works… they give you the map and you need to follow it and trust it based on whatever your dream is! Let me give you a little example situation – When you take driving lessons do you ask to see your instructor before? No! And after you get the lessons don’t you use the basic principles of driving? You better or else you’ll be getting into a lot of accidents and getting a lot of violation tickets… that’s basically what this is all about… you need to put your paranoia in check and learn to trust if you need it great! But as far as I’m concerned I want to make at least a million investing $6000 to make a million sounds pretty good to me, it’s just up to me how much I want to make! Life is short it really is, stop procrastinating and get your life in gear, whether it’s with RDC or not get your life in gear – do whatever works for you and stop wasting time complaining do something about it.

Mark 100 I fail to see what you really learnt out of this except knowing that you didn’t take the risk and moreover learnt how much it costs to fedex something – I’m sure they’ll give you your money back – they’re not worried about quantity of students but rather quality.

My name is Ramzi I have been in this program for 3 months now with another month to go with my coach and I’m happy so far! If you have any questions at all please email me at Ramzi_g@hotmail.com