Report: Scott Zuckman, Wealth Intelligence Academy
Category: Seminar Programs
Scott Zuckman, Wealth Intelligence Academy, Rich Dad Education 3-day training deception Cape Coral Florida
*Consumer Comment ..We went to a 3 day introduction event also under Scott Zuckman
Scott Zuckman, Wealth Intelligence Academy
Fax: 239-443-1997
Cape Coral, Florida, 33904
U.S.A.
Submitted: 11/7/2007 5:04:40 PM
Modified: 6/8/2009 11:59:35 AMSrek
Santa Fe, New MexicoMy fiance and I, too, were deceived by this seminar. We were very disappointed. I've purchased 3 of the Rich Dad books and I have rented about 4 of the different audio CD programs and I own several audio CDs of the Rich Dad series. I have been very impressed with the quality and what I thought was integrity of the Rich Dad staff, particularly Robert Kiyosaki. I love these CDs.
After purchasing our ticket to the 3-day Rich Dad Education training seminar, we were told to bring newspapers so we could look at the Legals and Real Estate sections in class, along with many other exciting insights promised.
So we were expecting to learn some in-depth step-by-step information about several subjects promised. But, unfortunately, when we went to the $500 Rich Dad Education seminar in Albuquerque, we found something much different. It was a sales pitch to get $9,000-$59,900 out of all of us for Wealth Intelligence Academy. We never even looked at the newspapers we had been told to bring. I was sadly disappointed to see this 'switch and bait' going on. I'm a go getter and I'll do a lot to improve my future, but I felt very crossed when I used a whole day of vacation time and two days more (on the weekend no less) to find out I was going to receive no more in-depth instruction previously promised unless I forked over a minimum of $9,000 in addition to the $500 I'd already paid.
There were 4 'imperatives' Scott Zuckman said the company would provide us before the weekend was over. They were not met.
Very little information about the subjects promised was provided. And often what was gone over, was rushed through so quickly in order to keep anyone from really 'getting it'. And the example was quickly erased off the screen. A few times Scott even said, ' I bet you didn't get that, huh?' Most of the class shook their heads. Then he would respond 'That's why you need the Wealth Intelligence Academy education.' Most of the weekend was spent this way. Most questions were to be held until later, when most individuals couldn't remember what they were going to ask anyway. And sometimes Scott would forget (most likely on purpose) to let us ask questions later on about examples given or material covered. People not willing to spend that amount of money right now were referred to as 'left-sided thinkers.' There was a lot of manipulation the entire weekend.
I am actively pursuing real estate investing and gathering trustworthy professionals to help me along the way. It's too bad so many people who paid for the Wealth Intelligence Academy (WIA) have left empty-handed and could not reach the mentor promised them. Many are out all that money with no refund in sight and no help from WIA. I'm glad the only thing we gave was $500. I'm happy with just the CDs and the valuable experience of not giving over my money when 'the numbers didn't add up'. The CDs have taught me well.
I felt it was very important to share my opinion and experience at the 3-day seminar.
Srek
Santa Fe, New Mexico
U.S.A.
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Updates & Rebuttals:
- I do not believe this is a ripoff Kiyosaki Believer [4/10/2009 3:53:06 PM]
- We went to a 3 day introduction event also under Scott Zuckman Capt. [6/8/2009 10:43:16 AM]

Submitted: 4/10/2009 3:53:06 PM
Modified: 4/10/2009 4:46:06 PMKiyosaki Believer
Grosse Pointe Park, MichiganU.S.A.
I do not believe this is a ripoff
First, the immediate reaction by a vast majority to a real estate seminar is 'ripoff'. While there may be many that are not entirely on the level, it is my opinion that Robert Kiyosaki is. One of the main themes is the obligation to give back. And honesty is another main aspect that I perceived. Scott Z certainly projected both very well and were I a single man there is no doubt I would have sprung for at least the mid-level training. But I have a 'crab' at home. I will need to be very thorough in my ensuing research in order to overcome that 'this is a ripoff' mentality. In other words, find a positive cash flow deal. If it is a small deal, so be it. But I know there will be more.
RK has built an empire based on real estate and I really don't think his main source of wealth is the trainings. So what is his motivation for doing them? To help us get out of the rat race. That is a shining example of giving back.
The critical review to which I am responding seems to dwell primarily on a perceived lack of excruciating detail on how exactly a deal can be done. The training provided to me some good methods of how to produce positive cash flow and I intend to pursue that. Soon. While it is impossible to provide detail on all the aspects of real estate investing, the seminar provided a look (into the future) as to the many ways wealth can be obtained. And that is on which the focus must be. How much can you pack into 3 days???
As for ripoff due to cost of the other trainings, that is exactly why everyone is not doing it. The training is for those who know it can be done and are serious. In my opinion, an investment well worth it. And more. Call me a wild-eyed Pollyanna, but hey, that's the way I see it.
Disclosure - I am not affiliated in any way with WIA, just a normal attendee with a crab in the bucket.
We went to a 3 day introduction event also under Scott Zuckman
My girl friend and I just got back from this event and enjoyed it. My mind was preoccupied with training that I have been doing in options trading and I have to admit I was a little overloaded with data so I let much of what was being said go right over my head. The options training I have received was marketed in much the same way as Scott Zuckman's course, and I had my doubts about it also. Still I work the system and the system works for me.
My girl friend holds a masters in teaching and is now retired from that profession after working at local, state, and federal levels. She is STILL working to pay off student loans.
We are both now successful working REALTORS specializing, for the time being, in REO's, foreclosures, BPO's and loan mods.
It should be plain to see that we have had hopes for income beyond what some people experience and realise that it will cost us.
From the beginning of receiving the info pack before the seminar we found the information helpful, the seminar itself gave us ideas that we plan to use. Many in our group didn't bring a newspaper so Scott didn't go into it, which we were glad.
I think this seminar only cost us $200. It was helpful, but I think it would be highly illogical to expect that we were going to become overly successful for only $200. That being said, I fully expect the ROI to beat out the cost of a masters degree in education which is still being paid for, but not used.
We signed up for more because we saw value. As returns are realised we will pay for more and not worry if we are unable to get discounts.
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