2016 Postmortem
Related: About this forumTrump University - Yup, I attended (my experience)
I haven't mentioned this on this board because I don't really have a lot of details to give out but just for people who are curious, this is my experience.
I went to Trump University, but not because I wanted to, but because my aunt needed a driver. She paid thousands for these tickets (My aunt, uncle, and myself). I was in my late teen years or early twenties, I can't really recall the dates. However, the University is in fact in a hotel conference room.
When we arrived there were three "teachers" and we got some hand-outs that aligned with their powerpoint presentation. So they go into this stupid "get rich" mode that was not about facts but rather emotions. They went around saying what is your dream car, wouldn't it be nice to have a big house, did you know you can be rich, like us (the teachers) if you follow our advice. They went into basic real estate terminologies like foreclosures and REOs (Real-Estate Owned). Then they went into detail about how they, the teachers, are rich and they have awesome lives. They start to get into heavy real-estate jargon, which I honestly don't know anything about so I couldn't follow it to the T. Plus I was young and bored so I zoned out a lot. They told me that being in college will not result in wealth, etc. and laughed about it. Then they closed their class with this notion of buying a house, flipping it, and selling it within 5 days. At the end, they said you now know the possibility, who wants to learn and have personal consultation? The catch is you had to pay a fee of $10,000 or something to that extreme. It was a bunch of binders and videotapes/DVDs. The whole time we were not being given real "How To" lessons but rather "This can happen to you" type of lectures. I immediately thought, why pay thousands for this class just to pay even more thousands to actually get the real lessons. I knew it was fishy, but again I was young and could care less in the moment. My aunt didn't buy the personal consultation package, but in the end she felt she gained a newly found motivation to get into real-estate. In the end it was just a "you can do it!" self-help speech, with a promise of wealth if you buy that 10,000 dollar package. Also, yes, people came up to the "teachers" saying, I can't pay in full because of their financial situation, but they are willing to make a payment plan. So, people were taken advantaged of and I never really new how big of a scam it was until this election season.
patsimp
(915 posts)nolabear
(41,960 posts)Glad your aunt didn't fall for it.
Jayd4sho
(45 posts)My aunt would have definitely bought the package but she just deemed it was too expensive. So she was emotionally suckered in, but she just rationalized that she can do it on her own. She started looking at properties to flip on her own (along with uncle) and they gave up in a month. Granted, my aunt was a part-time real-estate agent so she already had some knowledge of this world, but she wanted to see if the super rich had secrets unbeknownst to the general public. So the program targets not only the ignorant but those who want to expand their wealth.
muntrv
(14,505 posts)longship
(40,416 posts)Half the buildings downtown are named DeVoss. (Okay, that's an exaggeration, but not much.)
As Dutch Reformed Church is basically homed in G.R. downtown rolls up the sidewalks on Sunday. They're Calvinists which means that they believe that no amount of good deeds save your sinful ass from eternal Hellfire; it's all predetermined at birth. And the DeVoss family have built their shitty Calvinist nightmare in G.R. on the backs of the AmWay suckers by the millions. If you sell this shitty, expensive soap, you'll become rich!
They all but own Grand Rapids, so maybe they are partially right. Then, there's the predestination part. Dun-dun-DUNNNNN! You're going to Hell!
TexasBushwhacker
(20,185 posts)that Proctor and Gamble (makers of Tide) were involved in Satanism? P&G eventually won $19 Million in a defamation lawsuit.
longship
(40,416 posts)Does Black Water ring a bell? Yup! That was a DeVoss son-in-law. Also headquartered in Calvinist west Michigan.
Who cares? They're all going to Hell anyway.
elmac
(4,642 posts)for more then a day or 2. Come to find out it was students from Calvin College in GR stealing the signs. Probably still do, I gave up on signs around here.
elmac
(4,642 posts)West MI is basically ruled by a few uber rich families.
muntrv
(14,505 posts)Van Andel has his name on the sports arena in GR.
PoindexterOglethorpe
(25,853 posts)spiderpig
(10,419 posts)They have The Answer, but it'll cost you big bucks. And they get away with it by posing as a "religion".
Nay
(12,051 posts)Scientologists basically own Clearwater, Florida, where I grew up.
Buckeye_Democrat
(14,853 posts)Expensive too
I won't name the organization, but my brother encountered that kind of approach from a national blindness organization when he was losing his eyesight. He claimed it was big on "rah rah" speeches and insufficient on really helpful ideas.
It sounded like he received this kind of reaction when he finally stood up and asked for some real information at a local meeting (funny scene from a recent "Documentary Now!" episode about door-to-door globe salesmen)
colorado_ufo
(5,733 posts)I went to a Tony Robbins "Unleash the Power Within" about a dozen years ago, and I thought it was fantastic. It was packed with information that I still find useful today, and the fire walk was amazing.
They did offer other (more expensive) programs at the end, but there was no undue pressure to attend. I wish I could have - hubby and I had a blast!
Tony has his detractors, and there are no perfect people, but he has my respect. In the end, I feel that the program I attended gave me more than my money's worth.
Buckeye_Democrat
(14,853 posts)I don't mind people trying to be "positive," but I poke fun when it's lacking in practical information too. Robbins may not be that way.
pnwmom
(108,977 posts)NewJeffCT
(56,828 posts)Welcome to DU.
I do think if you're careful with your money, real estate is a good way to make money. But, flipping houses takes a good amount of cash to get into. Making good money in real estate, though, can also take a lot of hard work to get established. If it was easy, everybody would be doing it.
dembotoz
(16,802 posts)one of the main reasons i have not been tempted is because i know nothing about houses.
and i have no taste......sometimes i like the before shots more than the afters....
my wife got suckered into amway from her old college buddies...i had also been introduced by my close friend while i was in school....
i was just unable to sell to my family and friends...just could not do it....
it is the fun thing of the american dream....upward mobility rarely seems to happen for most people but folks think they too can be millionaires just need the one break
trof
(54,256 posts)oberliner
(58,724 posts)And countless other scams just like it.