No ... its just another way for them to make money.

I prefer to get a group of investors to meet once a month or so, and discuss different ideas. The best ones are free.

Ken

Hey,

I have tried the Rich Dad’s Coaching program and I think it is WAY OVER PRICED for what you get. If you want extra sessions it will cost you a hefty $450 per hour on top of the $3,600 or $4,500 you already paid. If you are really looking for real estate every week for 6 months or a year, then this class is probably a pretty ok course for you because they will help you evaluate real estate deals, but if you are interested in business and investing, the RD course is kind of weak.

They do have a resource line that you can call unlimited times, but after a few times of calling you kind of don’t have a lot to ask. On top of that, when they say “Unlimited” they don’t really mean “Unlimited” they don’t really like it when you call more than a few times a week. When you email your coach, the response is kind of disappointing because they usually write one or two line responses back.

On the other hand, I have learned a lot of really great lessons from this program. The coaching program is probably worth 1/5 th of it’s price. Maybe $900 instead of $4,500.

I have done many coaching programs and the RD coaching program way fell below my expectations. Many of the other students who have done the program in my message group think the program is good, but they too are a bit disappointed. From what I’m told, Robert doesn’t even own the coaching program, he rents the people from a coaching company that learned from a few of his seminars and books. If you just buy his “Choose to be Rich” book off of Ebay, you will learn everything you need to know at a fraction of the price.

I LOVE Robert’s books and the Insider’s program is kind of cool too for about $10 bucks a month. I am a Robert Kiyosaki junkie. I was so disappointed. I actually feel pretty ripped off by the coaching program. Trust me, the Rich Dad’s Coaching program is very weak and over priced (Unless you feel that you are going heavy into the real estate market right away and you have a strong plan). You will most likely be very very disappointed if you are just beginning and aren’t very experienced with his philosophy already or if your focus is on business or investing.

Hope this helps ..

This is really good info here. I went to the Expo and was contacted by one of their Coach. I like how they take things pretty seriously,, but DO NOT like the high pressure MAKE AN APT to talk to the coach... tactics... this make me feel like i am signing up to Amway or something....

I have an apt to chat with one of their coach this week... let's see what they can do for me!

I've spoke with one of their "program manager"... wow.... what a SCAM... they are really only interested in Money up front! instead of paying in pyments or after the training... the person i spoke with had 3 transactions... i am not sure that made him an "expert". the worst part was that the was not professional and talk down to people and uses scare tactic... i don't know who the hack he think he is!
This program seems to be all abut making the rich dad richer!!! ha ha... No thanks.

I did bought a rich dad book "the ABC of RE investment" It's a great read.... I think i will stick to the books...it's a lot chaper... :)

i just talked to them.they didnt put me any pressure,didnt look me down,answered all my question.
i guess it might be not for real estate expart,but great for beginner.

Howdy,
Yes, I just finished using Rich Dad's coaching and it sure is a rip off. Way Way too overpriced. The main benefit that I got from it is the motivation and guidance to take action, but the coaches don't usually have anything useful to offer as far as advice.
Take my advise...buy books and join real estate clubs. Robert Kiyosaki is helpful in getting you to realize that your dreams are possible, but not much beyond that.
After shelling out a lot of cash and working my butt off, I'm pretty disappointed with the program. I do not recommend it to anyone.
Rod

My wife and I just finished our "coaching" aspect of RD's Coaching Program and are now on our own. The program consists of 12 coaching calls; 3 workbooks; audio books; Cashflow 101 and some videos. In addition we get access to the Resource Line which is like a level 1 financial Help Desk - they're in a hurry to answer the next call and they sound like they don't know that much. Throughout the coaching calls we were responsible for doing homework which was laid out by the workbooks. We turned in our assignments 24 hours before each call then discussed them during the calls. Our last assignment was to write a letter describing our experience with RD Coaching and was to be passed along to Robert himself. And thus I pass it along to the inquiring minds on this very interesting tribe discussion. Enjoy.

---BEGIN LETTER---
We were somewhat reluctant to get involved in any coaching program before Rich Dad’s Coaching but by the time we talked with the representative, we were primed. We had excitedly played Cashflow 101 a half dozen times by then and were happy to hear that we were going to receive our own game.

Admittedly, at least one of us somewhat expected a very aggressive, on paper results oriented program that did some of the work for us. I guess most people think this considering your mind is just illuminated with positive thoughts of how things are going to be in your new rich life. We discovered, however, that the work is entirely on our end.

The workbooks are great and we plan on working through them a few times more as we take action on our action plan. Finding out about the riches we wanted showed us the direction we have to think in order to attain a financially free life. Since we did them together it was easy to discuss and of course we found both of us have very similar goals.

Of all the modules we found module 2’s Current Personal Financial Statement and the Debt Reduction Plan Calculator to be the most beneficial. Seeing our finances all on paper really opened our eyes as what we were doing and how we could improve. When we worked the Debt Reduction Planner we found we could eliminate all our debt in 4 years!

Our coach was very positive and kept the pom poms shaking. Since a coach is not a mentor we had to get attuned to the calls. She was always proud of us and compared us to other clients illustrating how we could improve and how we worked well. There were never really any specifics though and every piece of advice was flavored with a little vagueness. Our anticipation sometimes led us to believe our coach was going to tell us about a great hotspot to get involved in out-of-state investment property. After all, she knew our income, what we wanted, and how much of down payment we had saved. This particular conversation never happened though. That being said, we too know our income, what we want, and how much of down payment we have saved…..our coach is just telling us to take control and do it ourselves.

Our perspective has definitely changed and we realize what has to be done. Being Rich is a way of thinking as much as it is a lifestyle: if we think like we’re rich (while smartly managing our money) then the lifestyle will follow.
---END LETTER---

Rich Dad Coaching is paying for a weekly cheerleader who holds you accountable for finding as much out about financial freedom as possible, incuding taking action on what you discover. That’s the paradox: rich dad coaching is not a master/apprentice relationship, it is a coach/player relationship. You are a player in the game and your coach is like a master-in-training player. It’s as if a college professor never showed up to lecture but instead had his student teacher pass out, discuss, and correct the curriculum he created.

Was it worth it? The most valuable aspect came about the third week when we learned how to pay off $56,000 in debt in four years….the interest we’re going to save alone will pay for the program 10 times over. I’d say that’s worth it.

check out johntreed.com/Kiyosaki.html
to find out more about Kiyosaki

I spoke with someone today about it. I was interested until reading this thread. It seems like the only thing they are good for is motivation, keeping you in check. I was hoping they would be helping me advance from single family homes to commercial deals, set targets, increase my financial knowledge, etc.

I worked for this company until I moved and had to quit. I wasn't a Coach but an Inside Sales Executive. The Job posting telling you about it is somewhere in this thread already. The only real qualification for this job is a willingness to put in a lot of hours and be able to sell over the phone.

As for the hard sell? Think about it...You make well over 200 phone calls, and/or put in 4 hours of phone time in an average day. On top of this you need to be careful you only say the right things for legal reasons, and watch that you do not go over the maximum phone time allowed by the feds. Four hours of phone time per day may not sound like much but your average call can be about 22 seconds plus or minus 30-40 seconds. An interested caller might take about 30-90 minutes, but they are rare compared to the amount of dialing you do. If you don't hit these numbers your fired. If you do not make a sell you get paid minimum wage and soon after you are fired.

The mistake about the lady taking the payment mentioning Carleton Sheets? Well, mistakes happen. She is part of a team of people at this company to confirm payments according to Federal Law. Legacy Learning, LLC is a coaching company that contracts with Franklin Covey, Robert Kiyosaki, and Carleton Sheets. Each account has their own coaches with only a few of them cross trained and Certified to coach more than one. By training I mean training in coaching techniques, legal parameters and the specific program information they are going to Coach in.

Apparantly many of the people posting to this thread are very experienced in either Real Estate investing and/or business developement. This describes the coaches with this company also. The coaching program for any of these accounts is an accountability and fundamentals course. Not a course for a certificate or degree.

The coaches experience? Here is a link to the site of one of the many coaches I met while working for them...
members.wabccoaches.com/member...ing.cfm

A very friendly person that emits intensity, experience, and devotion to her course in life.

All of them are experienced in failure (many failures in some cases) and in success after those failures. Sounds similar to Robert Kiyosaki hu? Most, all the ones I met personally, were extremely busy with there own Real Estate, business building, and Investing ventures on top of Coaching. They consider it another income stream and a way to continue to sharpen there own skills and knowledge. After all, it is said that to fully and truely learn about something is to teach it. In this case Coaching will do.

As someone mentioned already, they are not going to tell you "do that," or "do this." The whole idea is to provide gentle guidance in thoughts and actions and then to provide an accountability factor in YOUR goals. Most, and I mean most, people that have a dream of financial independence do not have an accountability factor in there lives when it concerns there financial future.

These same people may be able to come up with the money to pay for coaching. If they can't, and it is proven in numerous industry studies, they will most likely fail miserably and devastatingly. I can explain that better if I must if you can't see the obvious in that fact. As for the studies, don't ask. I saw them several times but never thought to record the companies who performed them. Franklin Covey is one of them I believe. You will just have to research them on your own if you want.

Another thing is that the cheaper a person obtains a thing the less importance they attach to it. The reverse is also true. Some of the most dramatic changes that Rich Dad coaching makes in peoples lives is in Africa. Some of those people will work without sleep to have the opportunity to use a phone. They will then stay up to just after midnight there time just to talk to sales person let alone to a coach. When they find out how much it costs, they form groups, sometimes 10 or more, of people that sell all they can and work more to come up with the money for the coaching. If it costs $4,500 USD then it costs them around 31,000 (thirty one thousand) of there "dollars." THEY take it VERY seriously and have VERY dramatic and postive changes in there lives because of it.

I have seen some great successes with the Rich Dad business coaching but none with the Rich Dad Real Estate Coaching. This is because it was still being introduced when I left the company. In my experience (a completely PERSONAL experience and that's it) I have seen incredible results through the Carleton Sheets Real Estate coaching.

In closing...NO! I have never invested in Real Estate. NO! I have never started a business or invested in one. NO! I have done nothing for my own Financial Independence other than reading and study. YES! I am working on starting a business and am starting to look at Real Estate. I am 34 and it may be a latter start for me than others, but I am begging the work!

I am going to start the RD Coaching soon for, alas, I do not have the funds immediately at hand. I will though!!!

I just talked to their coaching program "director" last night. I signed up on the website to be contacted about the coaching program. First someone called me and ask me about my current situation, he then set up a call that same day with a "director". All up until that point i was still very interested. I have to say that i was very interested until the end of the phone call. He made me right down the four commitments that "Robert" was making to me. Afterward he made me write down the four commitments that i was making to the program. One of the commitments was to pay the tuition of $1300. That's not even what i was dispointed in. Once i told him i had doubts because of the money, he brought back all these things that we talked about in the beginning such as u said u were ready to do this. What i did not like at all and that when it was time to convince me to pay the money, i completely understood the structure of his sales speech. In the beginning he told me about leverage and gave me different ways to obtain money. So when i told me that i did not have the money, he came back and said "well you told me about your credit card". So basically with the leverage he told me about earlier, he can always go back and convince anybody based on that, if it was an older person with a house, i am sure he would of brought up the home equity option. I am just very disapointed about the angle taken to sale this course. I have been a great fan of RD, and i hope that this coaching program does not reflect on his other products.

I will be starting Rich Dad Coaching. I do know some people who have put it to use and are having a lot of success. I will keep you posted as to how things go. With anything though you get out of it what you put in. I would rather work with people who have done this process over and over again and have learned from their mistakes rather than make the mistakes on my own which may cost me thousands of dollars.

Have you tried the Rich Dad coaching service? I was wondering if it works. I have spent hundreds of dollars on stuff like this and it has not been that helpful. Do you know how much this coaching costs? I don't want to lose anymore money. Thanks

After reading many of the posts here, I actually went back to the rich dad website: www.richdadscoaching.com/ From that main page it seems they have listed the things that the coach will help you do - unfortunately NOT what I was expecting, or looking for. Like many others, I was looking for more of a mentor.

It states that your rich dad coach will help you:
* Build a personalized financial and CASHFLOW plan.
* Discover your Mission, Passion and Purpose
* Create an individual strategy to become secure, comfortable, and rich.
* Map out where you want to go and what you'll need to do to get there.
* Build a personalized investment strategy to help you get into the "B" and "I" quadrants.
* Set your plan in motion—so that becoming rich is an automatic process.

I have really enjoyed the RDPD series, and it has helped me change my thinking and way of looking at my finances, and investment opportunities.
The phone call to Rich Dad Coaching is designed to get you emotionally charged, get you to say "yes", and charge your account.
That's been my experience so far.

Richdad Coaching

We didn't even make it through the second interview! What a joke. Very pricy at US$8,995!

From my enquiry on the www.richdadcoaching.com website the first contact we had was from a pushy sales guy out of Utah who was clearly following a sales script. This didn't bother us as he sounded quite friendly and seemed ok.

The second call we had was with a lady called Katie. Right from the outset she had the tone of voice and attitude that she was doing us a favor! She came across quite arrogant and kept using stupid sales tricks like, "Is that ok?", "Do you understand that".. getting you to say, "Yes, yes, yes". Very annoying and condescending.

She made us feel like it was her giving US and interview! She asked all the typical questions like where do you want to be in 12 months, what's the 3 things you most want to achieve in life, etc, etc. Nothing new and something you can work through yourself from most business/self-help books available.

The big issue we had was that she refused to talk at all about the qualifications of the "coaches". Now from reading this forum I realize the "coaches" are in fact not qualified. She was asking to put all our faith in "Robert" as a guru and expecting that would gloss over the fact she was not providing us any information on the quality and experience of coaches.

She said Robert himself vets all the coaches personally and therefore that somehow defines the selected (sales) coaches as experts. From experience this is offering no more value than a person following a templated method or formulated guide. Similar to anything you can get from Action International (Brad Sugars) or similar.

We've been BIG fans of Robert Kiyosaki for over 10 years now and have read most of his books. I have to say however that the coaching side seems just like another business and cashflow generating opportunity.

We'll pay for good advice from experienced people and money is not our main concern. Katie quoted us a price of US$8,995 for coaching with no indication of how that broke down and what we get for our investment.

Richdad coaching is missing the mark from my perspective. We are highly motivated, aggressive and focused on achieving our goals.

We already own over $1,100,000 of property with good equity, have a business that is growing 50% + each year, projecting turnover of over $1,000,000 in the next financial year with good profitability.

We are not little bunnies that don't know the basic concepts and need someone to hold our hand. I fully recognize that we are early in our investing career and have a long way to go. So I guess that's why it came to a surprise to us that the Richdad formula put us into the box with everyone else!

When I mentioned to her our concerns around the reviews we're read on the Internet she said, "The Internet is like a Bathroom wall...". Well I say thank GOODNESS for "bathroom walls" that allow people to share their experiences, for free, with everyone else!

In summary, I'd love to get some coaching from experienced mentors to help us get to the next level from Richdad coaching or similar. Unfortunately Richdad coaching was unable to provide me any examples of their coaches’ experience, real world qualifications or otherwise!

I'm not signing up for that amount of money not knowing who my "coach/mentor" will be!

I welcome any calls from the Richdad coaching organization or people that can offer their thoughts.

Regards,
Rich

P.S. in the end when I raised an objection to not knowing more about the qualification and real-world experience of the coaches, she said, "Ok, thank you for your candor and honesty, thank you and good luck for the future." Then proceeded to hang up on us! I could not believe it!

New Zealand

It seems like you have to qualify to the coaching... but, you are paying for it, right? So what "qualifications" do they look for? The answer: MONEY!

One of the "directors" (James Turo) called me today. We were 1 hour on the phone. He told me things like "you ARE in the rat race". Finally, he asked me how much do I want to pay for coaching. I told him "100 dollars a month" (Ok, I can pay more than that... this is business!), then he said "You are not ready!"...

So... that's all... I'm not ready to spend A LOT!!! :) I will not call or contact them again.

WOW...I have recently been contacted by the Rich Dad Poor Dad coaching program (3days ago) and have passed both interviews and now their just waiting for me to pay the tution. I became very interested in the program because from my understanding they were going to help me achieve being fincially free, but after reading the comments in this forum i'm not going to follow through with it because
1. Now that i've had time to think and do my research i've found that it is more of keeping you motivated than actually getting in the mix themselves.
2.After i was told that i had passed the second interview (i was excited) and was given their commitments to me and my commitments to them (which also included the $1,399 for tution) to write down, then the guy wanted to know if i was able to pay the tution that day.I told him no because i had to be to work for 1pm and the time then was shortly after 11am, he then became more interested in the time frame that i could use to go to the bank to have the money put on my debit card to get started. After i realized how adamant he was in me paying the tution as soon as possible, i decided to search the internet to see people's opinions/experiences with the program and i found this site -which was a great help, ESPECIALLY DAMIEN'S COMMENT in which the feeling was mutual.

I'm new here, to this site, and if anyone can help me in whatever way possible in terms of knowledge (resources) or steering me on the right path that would be greatly appreciated. Send an email if you would like share anything....thanks!!

I realize it's about 2 years since the question was asked... well, hopefully it would help someone considering it today

I'm currently doing the program. Overall I'm finding it to be a positive experience. I consider myself a pretty solid guy who doesn't fall for the typical sale pitch, and when I decided to enroll, out of my own discretion, I made a decision to go with it and not pass judgments on myself or them for doing it, but instead to try and maximize the results.

Basically, they have various courses - for real estate, entrepreneurs etc. I took the entrepreneur, since I own several small business and was looking to start a new one, which was the only reason I elected to enroll in the first place.

At first, they assigned me some girl who was very weak. We didn't connect from the first moment. She seemed more clueless than me. Also, she was doing the real estate course, not the entrepreneur. I figured the salesman didn't do their job completely after I signed in.

Short story, was reassigned and got a pretty cool guy. He appears to be experienced and seasoned. The course is based on modules, and breaks down by topics. Many of which are features in the RD various literature and CDs. You can elect to go according to the modules, or build your own. You get 1/2 hour calls every week for about 18 weeks or so and then you're supposed to continue your work with the support of the resource center. I'm still in the phone training phase and over time we built some rapport, as much as you can with a stranger over the phone i suppose. I also called the resource center once or twice. To be honest, they seem like young kids in their early 20s (I'm early 30s haha) man the lines. I did get some pretty good advice on one of my calls, that led me to implement some very productive changes to my existing companies, so to be honest you never know.

overall, I have had a positive experience. Many people try to measure the cost vs. value, which is hard to do, since it is so personal. I have paid over $100K for my university education. Some graduates haven't done a thing with their diploma, while others have fared very well. It's all so personal.

For me it was a matter of getting started on the company of my dreams. I realized paying $9K (can't remember the exact amount) towards actually writing a plan and formulating the company I always wanted to have is a fair price to pay, and hopefully in future term will be priceless. Did I need this course? No, definitely no. I already own several businesses in the same field, read books on various business and my industry subject matters, as well as all RD books and CDs and the Cashflow games.

And yet... as of right now I am finding this course useful, partially since I want to make sure I got some mileage out of the money ;-)

As a closing thought, if you considering enrolling, here's what I have to advise:

The salesman will pressure you hard into enrolling. It's his take home pay after all. They will use the opposite qualifying technique, as if to measure whether you are a worthy candidate for them, as well as selling you on the "most people remain poor for the rest of their lives since they fail to take action...". They will also not disclose much about the course. So be prepared.

If $10K is a lot of money for you (it always is a lot of money to be fair, but you know what I mean) and you need to borrow most of it on credit cards or from family, friends and other fools, then this may not be for you. You may be really hard pressed to continually justify the expense

If you're fairly new to Kiyosaki doctrine and just embraced the concept of "i want out of the rate race", it will probably be premature for you

If you're not in a position to start a business right away, or more importantly, don't know what you want to do, this is probably not for you. You will waste a lot of time. If you're considering the real estate course, I can't say much, except that again, you should be in a position ready for action. In today's economic climate that probably includes some down payment cash

If you're a highly experienced businessman or real estate investor you'll find the knowledge benign


But, if you want to make a difference in your life, can afford the price, are self-disciplined and know what you want - you may find this valuable, and maybe even an important step in your future path, who knows...

Really hope this was of help to readers out there who consider this option. Not to confuse with Rich Dad Education, which I personally do not endorse even though i have not attended their classes.

Since I believe in helping others who are looking to help themselves, i am willing to answer particular question someone may have regarding the course, and therefore providing my email. Please use respectfully and do not spam. This is done for the purpose of offering help on the matter whether to enroll or not and no more. I will not disclose and copyright, trademark and any other information and techniques listed in this course or otherwise.

Also ,I'm already disclaiming that my advice is strictly personal in nature, that I am not related or affiliated with this program whatsoever, and by sending me an email you fully understand that any decision you take will strictly be your full responsibility.

brownstonefilm@yahoo.com

I talked to the sales people the other day.

Short answer is I have no clue if they deliver but I know for certain their salespeople are full of crap and will say anything to convince or trick you into joining. RED FLAGS constantly, follow your intuition, if someone talks to you the way they do get away and don't look back.

This will save you an hour:

- Try to tell you it's an interview and that you may not be able to qualify, bs.
- Don't tell you the fee until the end, call it a tuition
- First questions are about how many credit cards you have and how much space you have on them.
- They explain bad and good debt right away, they are good debt.
- Last question is how do you think you'll pay for this life changing program... baiting you to say um credit card like you told me?!
- Ask you to tell all sorts of personal information then use it against you to make you feel bad and ashamed for the position you are in.
- What steps do you think you will take to change your life, what program will you join?
- Laugh about how rich he is and every else at work, fake laugh by the way because I'm sure they are not rich
- Act like they care about you when he really wants commission.
- When asked for references and the ability to talk to someone in or out of the program or even a mentor. NO! This is not allowed we never do that it violates our polices. You're telling me out of the thousands you are training no one is happy enough to say sure I'll talk to someone about my experience, not even a case study to read.
- Number 1 rule, if someone does not offer references it's bull crap!!!
- Lots of leading and tricky questions, lots of little games that all builds up to you feeling bad and wanting to use your credit card for $9K with no references.
- The worst trick is the first thing they tell you on the call is you can only talk to us if you are ready to take action right away, is that person you? In other words once you hear the pitch you must sign up right away otherwise you are a person who takes no action and that's why you are in the place you are. Very tricky, I feel bad for people who are in a terrible situation and are tricked by their sales people.
- When I told them no he literally tried to make fun of me and the position I was in. How did you get to where you are now, are you happy, what program can help you...

I have never heard of such a well made misleading manipulative script in my life. There must be better coaching companies somewhere else.


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