March 24, 2007

Secrets to Billionaire Success

I'm sick to death of seeing things
From tight-lipped, condescending,
mama's little chauvinists
All I want is the truth
Just gimme some truth now
--- John Lennon (Just Gimme Some Truth)
(Live from the Real Estate & Wealth Expo)
So many sales pitches. My brain is getting numb. And it's only the afternoon of the first day. I need a refresher. So I head to a session with a billionaire: Bill Bartmann. The topic? Secrets to Billionaire Success. Great, I think. No sales pitch this time :)

Lots of presenters have the same basic story: humble beginnings, modest successes, big failures, successful again now, desire to educate others. Bartmann was no exception.

One secret is using other people's money. He explained how to write a loan proposal. The lender has a pool of money that will be lent. There are others who want that money too. Your proposal must be better than theirs. There are 12 steps, most of which I didn't know. So there were good points.

The slides were difficult to see because of the room layout (using bottom of screen, not top). The PowerPoint used a standard template. There was a typo in "profesional", which even the PowerPoint spell checker would catch.

The content was good but far from the printed agenda, which promised

  • hidden keys to a successful business
  • negotiation tactics and strengths
  • leadership and vision

Bartmann is speaking at 100 high schools. He's back in May to talk to 50,000 students at the Rogers Centre about self-esteem and drugs. That's wonderful. Here's hoping he stays on topic.

The last 5 minutes were the biggest disappointment. There was a pitch for a two day seminar. The cost? An astounding $13,000! That's good in the sense that he normally charges $100,000 per day for consulting.

The price dropped to $6,500 then $3,250 and finally $1,995.

So there was a sales pitch after all :(

By the way, there's a reality show coming this fall: Billionaire Quest. I don't understand this fascination of having a show on TV, but I'm not a billionaire.
On to another session ...

March 19, 2007

TOO GOOD TO BE TRUE (DONALD TRUMP AND MORE)

If something looks too good to be true ...


Toronto is being deluged advertising for a Real Estate & Wealth Expo this weekend from The Leaning Annex. There are
  • billboards showing Donald i-never-smile Trump
  • a junk mail insert
  • newspaper ads
and today, a direct mail glossy. There are probably radio and tv ads too.

The Life-Changing Opportunity

"Our Real Estate & Wealth Expo will change your money-making life forever"--- William Zanker, President & Founder of The Learning Annex
How can you resist such an opportunity?

Presenters
Live keynote speakers include
  • Donald Trump, billionaire
  • Tony Robbins, success coach
  • George Foreman, former heavyweight champion
  • Richard Branson, chairman & founder of Virgin Group
  • David Bach, author of Start Late, Finish Rich
  • Harry Stinson. local real estate developer
When do they speak? That's a surprise because they don't announce the times in advance for "scheduling issues and security issues". That makes planning a challenge.
There are 72 other wealth experts, bonuses and probably surprises. There are "True Success Stories" from happy, attractive people. It really does look like "One Weekend Can Make You a Millionaire!"
Here's proof: Trump is getting paid $1.5 million to appear, which he's donating to charity. I'm guessing that's for all 8 cities, not just Toronto. Regardless, this event is big business.
Plus there's a money back guarantee, no questions asked. There's nothing to lose.

The Fine Print
Being an actuary, I read the small print using a magnifying glass I keep for this purpose. Here it is, verbatim:
  • Individual performance depends on individual skills, time availability, and dedication of each student in the training program
  • Testimonials may not represent typical results
  • Unique experiences and past performances do not guarantee future results
Conclusion
Since there's nothing to lose (except two full days), I'll go on your behalf if tickets are still available.
If something looks too good to be true ... it must be true!