Those that do do, those that cannot teach

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Those that do do, those that cannot teach
Posted by Tom on June 01, 2009 at 7:48 AM
In Reply to: Real Estate Investment Gurus posted by AquariusDawnCA on May 31, 2009 at 8:35 AM
I've never met him, but I don't find John Reed abhorrent as some people. He's probably more principled than 90% of the people in the RE investment community. This is an industry where sharks will eat you alive and many are ethically challenged. I personally think you could do a lot worse than using John's recommendations to eliminate those you are considering investing in their training materials/courses. You'd probably be right about 90+% of the time.
Let's face it, there are numerous "real estate gurus" and those that market their products who are in the training component of the industry only to make a buck, have little to offer, and their prey is the neophyte who has no idea what value the guru might bring to the table. This is not limited to the RE industry, but virtually every profession that there is. Ninety percent of the people who read, listen, or attend their books/tapes/CDs/seminars will never pursue the topic further and the gurus know it. I'd venture to say that 90%+ of the material available is not worth your time or money. The problem is that the neophyte has no way of knowing which are the useless ones and the few that are worth their time and money. That's not to say you shouldn't invest in training. Like everything else in the profession you must be very careful how & where you allocate your human and financial resources.

Follow Ups:

Re: Those that do do, those that cannot teach AquariusDawnCA 8:54 AM, 06/01/09 (0)

Re: Those that do do, those that cannot teach AquariusDawnCA 8:51 AM, 06/01/09 (0)

Maybe this board could develop a list of gurus... CC in OC 8:22 AM, 06/01/09 (25)

Bruce Norris failed the John T Reed review and I have AquariusDawnCA 9:00 AM, 06/01/09 (20)

This list is humorous... Rick, the Probate Guy 11:48 AM, 06/01/09 (5)

Well, that's the purpose of "group think"... CC in OC 5:01 PM, 06/01/09 (3)

Re: Well, that's the purpose of "group think"... Rick, the Probate Guy 7:16 AM, 06/02/09 (2)

I think the key is... CC in OC 9:03 AM, 06/02/09 (1)

Re: I think the key is... AquariusDawnCA 1:01 PM, 06/02/09 (0)

Re: This list is humorous... AquariusDawnCA 2:07 PM, 06/01/09 (0)

Well, that just goes to show... CC in OC 9:05 AM, 06/01/09 (13)

Re: Well, that just goes to show... newb 3:27 PM, 06/01/09 (1)

I'm certain Bruce was being facetious... CC in OC 6:22 PM, 06/01/09 (0)

Re: Well, that just goes to show... Kristine-CA 12:20 AM, 06/01/09 (5)

How is success measured? CC in OC 5:06 PM, 06/01/09 (4)

Re: How is success measured? Kristine-CA 6:33 PM, 06/01/09 (3)

WOW, then I must be a success! AquariusDawnCA 1:57 PM, 06/02/09 (0)

My sermon for the day Tom 6:45 AM, 06/02/09 (1)

Amen to that Sermon! AquariusDawnCA 2:15 PM, 06/02/09 (0)

Re: Well, that just goes to show... AquariusDawnCA 9:25 AM, 06/01/09 (4)

What does it take to impress you? CC in OC 10:11 AM, 06/01/09 (3)

Don't equate successful with ... Tom 2:23 PM, 06/01/09 (0)

Re: What does it take to impress you? AquariusDawnCA 2:14 PM, 06/01/09 (1)

Re: What does it take to impress you? MonroviaDave 6:50 PM, 06/01/09 (0)

BTW...Peter Fortunato to speak CC in OC 8:55 AM, 06/01/09 (3)

Completely over my head! CC in OC 11:57 PM, 06/02/09 (2)

I saw him as well. What is it you don't get? JK (the other JK) 0:06 AM, 06/05/09 (1)

Re: I saw him as well. What is it you don't get? Aaron 7:01 PM, 06/07/09 (0)

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Comments: : I've never met him, but I don't find John Reed abhorrent as some people. He's probably more principled than 90% of the people in the RE investment community. This is an industry where sharks will eat you alive and many are ethically challenged. I personally think you could do a lot worse than using John's recommendations to eliminate those you are considering investing in their training materials/courses. You'd probably be right about 90+% of the time. : Let's face it, there are numerous "real estate gurus" and those that market their products who are in the training component of the industry only to make a buck, have little to offer, and their prey is the neophyte who has no idea what value the guru might bring to the table. This is not limited to the RE industry, but virtually every profession that there is. Ninety percent of the people who read, listen, or attend their books/tapes/CDs/seminars will never pursue the topic further and the gurus know it. I'd venture to say that 90%+ of the material available is not worth your time or money. The problem is that the neophyte has no way of knowing which are the useless ones and the few that are worth their time and money. That's not to say you shouldn't invest in training. Like everything else in the profession you must be very careful how & where you allocate your human and financial resources.

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