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Report: #248973

Complaint Review: Income Strategies Institute ISI Sid Sperry Rober Kiyosake - Provo Utah

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  • Reported By: Provo Utah
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  • Income Strategies Institute ISI Sid Sperry Rober Kiyosake 4692 North 300 West, Suite 250, Provo, UT 84604 Provo, Utah U.S.A.

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To All Hard Working American Citizens.....Beware

ISI Income Strategies Institute Sid Sperry will rip you off -
BEWARE!

What an exhausting week! I just finished 3 days straight of 8 hours a day of lectures at the Income Strategies Institute conference while I worked full time on top of it! With the travel I was getting only 3 hours of sleep a day, but it was worth it. How did I pull off staying awake and alert for so long on such little sleep? Water, caffeine, and a now illegal herbal supplement called Ephedra (which really isn't as dangerous as the FDA would have people believe, but that's another story for another day). Yes, those 3 ingredients kept me going and alert and safe enough to tackle an hour of rush hour I-95 each way on top of everything else. Whew!

So what did I get out of the 3 days at the Income Strategies Institute conference? I got to learn the basics of several techniques I can further pursue that will make money without having a job. I learned about trading options, covered calls, pre-foreclosures, credit boosting techniques, technical analysis, candlestick charts, moving averages, tax liens (I already knew about tax liens), and mortgage sweep accounts. I got to meet a lot of success-minded local people that are looking to start an investment club. I got to take a lot of notes. I got to learn many new things to me, and a re-cap on some things I already knew. I got to get my brain cells activated in areas that have been dormant since college. I got to sit through an awful sales pitch for a real stinker of a real estate deal by the president of the company Sid Sperry (that was the only low point of the whole conference). I got to drink a lot of water (that was all they provided). I got to be motivated and energized by the amazing Russ Anderson (look up PRUSSA on youtube to see his weight-lifting feats). I got to pick the brain of the knowledgeable Lee Dotson. I got to be bored to tears by the sales pitch Sid Sperry gave and angered that my valuable time was being wasted by him. Gee, is that what I paid $50 for? For the privelege of allowing you to pitch this mongo rip-off real estate deal and waste my time in the process? I got the oppurtunity to meet some very nice people and possible make a new friend or two. I got to watch as some very green people got ripped off.

Why do I say ripped-off? Because as long as this conference was, it was only an introductory class for each of the subjects. To get really in depth they recommend that you purchase a class or two or three or heck, what about all ten? The classes, about 40 hrs. in length a piece, are held online (no overhead) and cost a whopping $5000.00 a class. To start trading options you really need 3 classes. Well, I really don't think most people there had that kind of money to just throw away, but a few of them obviously did.
There are a lot of resources online where you can learn these things for free. How about books? I just picked up 2 books on options (gently used) for a dollar each. What about your public library or your local college library? What about investment clubs?

Why didn't anybody do any research into these other ways of learning before plopping down big money? Seminar hype? Peer pressure? No time? Low blood sugar from no food? Exhaustion from the long days? The speeches about flying with eagles and leaving the turkeys on the ground? One nurse that I had the pleasure of making the acquaintance of plopped down $30,000.00 to buy all the classes. What if she takes one class and finds out it's not quality instruction or it's not for her and she decides she doesn't want it? Will she get her money back? No. No guarantees at all on the classes.

You know, when I go to buy a car, I test drive it first. I research makes and models on the internet. I look at all the ads. I test drive a lot of them. I dicker with the seller. I research and try to get the best deal. Don't most people? But in a situation like this you are not given the time to do your due dilligence, and after hearing all these speeches about getting off your butt and making a change, Einstein's definition of insanity, eagles and turkeys and jealous family members trying to hold you back, procrastination, being in the 97% percentile of retirees that are broke, most likely they feel that if they don't do something now to change their future, they never will. That's probably why the nurse dumped 30 grand without blinking an eye.

To the rest of the people out there with more money than sense: if someone offers to hook you up on this amazing real estate deal and it's for you only (because you are a student) and you need to hurry up and jump on it fast because it's selling quick, and they have no pictures of the units, nor blueprints, and they have no pictures of the development and they cannot even tell you if it is constructed of wood or CBS (maybe in this case it was paper bags), but they have lots of pictures of the surrounding area (Dominican Republic) and they have a legal disclaimer that the presenter goes through so fast, it doesn't even sound like English, but they can sell you the remaining units for $125,000.00 each, and when someone in the audience knows the area in question and pipes up and says, Hey, that's not right next to Donald Trump's new development like you said, it's in a town 30 miles away. then it's time to keep your wallet shut and your ears open.

ISI Income Strategies Institute Sid Sperry will rip you off -
BEWARE!

Sincerly,
A very concerned hardworking citizen.....
Posted for a friend

Neil
Provo, Utah
U.S.A.

This report was posted on Ripoff Report on 05/16/2007 10:12 PM and is a permanent record located here: https://www.ripoffreport.com/reports/income-strategies-institute-isi-sid-sperry-rober-kiyosake/provo-utah-84604/income-strategies-institute-isi-sid-sperry-rober-kiyosake-lee-dotson-russ-billings-ryan-co-248973. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
0Author
8Consumer
0Employee/Owner

#8 Consumer Comment

Over Exageration

AUTHOR: Baddude007 - (U.S.A.)

POSTED: Tuesday, August 14, 2007

I have been a student of ISI for a few months and went to the same seminar that the "Victim" went too. I do agree they are not very tollerent of those that question thier teachings or try to argue or debate them, but you would too if you only had a limited amount of time to put out a lot of information. Those people that attend are there to learn from the instructors, not hear someone debate with them. I became irritated at the seminar that I attended when somone spoke out of turn. The same situation occured at the meeting I attended and the instructor simply asked him to keep quiet or leave.

I also agree there program is not very cheap, just imagine how long it would take to aquire the information they provide in there various seminars and classes on your own. Time is money and I believe there classes are a bargain if you look at it that way.

In closing I think if this gentleman would have sat there and listened instead of trying to debate he would not have experienced these issues, which I believe are slightly exagerated.

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#7 Consumer Comment

Over Exageration

AUTHOR: Baddude007 - (U.S.A.)

POSTED: Tuesday, August 14, 2007

I have been a student of ISI for a few months and went to the same seminar that the "Victim" went too. I do agree they are not very tollerent of those that question thier teachings or try to argue or debate them, but you would too if you only had a limited amount of time to put out a lot of information. Those people that attend are there to learn from the instructors, not hear someone debate with them. I became irritated at the seminar that I attended when somone spoke out of turn. The same situation occured at the meeting I attended and the instructor simply asked him to keep quiet or leave.

I also agree there program is not very cheap, just imagine how long it would take to aquire the information they provide in there various seminars and classes on your own. Time is money and I believe there classes are a bargain if you look at it that way.

In closing I think if this gentleman would have sat there and listened instead of trying to debate he would not have experienced these issues, which I believe are slightly exagerated.

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#6 Consumer Comment

Over Exageration

AUTHOR: Baddude007 - (U.S.A.)

POSTED: Tuesday, August 14, 2007

I have been a student of ISI for a few months and went to the same seminar that the "Victim" went too. I do agree they are not very tollerent of those that question thier teachings or try to argue or debate them, but you would too if you only had a limited amount of time to put out a lot of information. Those people that attend are there to learn from the instructors, not hear someone debate with them. I became irritated at the seminar that I attended when somone spoke out of turn. The same situation occured at the meeting I attended and the instructor simply asked him to keep quiet or leave.

I also agree there program is not very cheap, just imagine how long it would take to aquire the information they provide in there various seminars and classes on your own. Time is money and I believe there classes are a bargain if you look at it that way.

In closing I think if this gentleman would have sat there and listened instead of trying to debate he would not have experienced these issues, which I believe are slightly exagerated.

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#5 Consumer Comment

Are you Serious???

AUTHOR: Christian - (U.S.A.)

POSTED: Thursday, July 05, 2007

To the above Poster, employee of this company.

With such post you have just made clear what kind of company you work with/for. Let's be clear on something... seminars for becoming rich and selling software and further more expensive seminars are ALWAYS a rip-off. I recognize you people have talents such as Expert Sales skills (you can sell a stone to anyone), and you have no soul.

With your response, instead of clarifying to us consumers, who read rip-off report you just made it worst.

Good luck and remember, in life, what goes around comes around.

Christian

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#4 Consumer Comment

Are you Serious???

AUTHOR: Christian - (U.S.A.)

POSTED: Thursday, July 05, 2007

To the above Poster, employee of this company.

With such post you have just made clear what kind of company you work with/for. Let's be clear on something... seminars for becoming rich and selling software and further more expensive seminars are ALWAYS a rip-off. I recognize you people have talents such as Expert Sales skills (you can sell a stone to anyone), and you have no soul.

With your response, instead of clarifying to us consumers, who read rip-off report you just made it worst.

Good luck and remember, in life, what goes around comes around.

Christian

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#3 Consumer Comment

Are you Serious???

AUTHOR: Christian - (U.S.A.)

POSTED: Thursday, July 05, 2007

To the above Poster, employee of this company.

With such post you have just made clear what kind of company you work with/for. Let's be clear on something... seminars for becoming rich and selling software and further more expensive seminars are ALWAYS a rip-off. I recognize you people have talents such as Expert Sales skills (you can sell a stone to anyone), and you have no soul.

With your response, instead of clarifying to us consumers, who read rip-off report you just made it worst.

Good luck and remember, in life, what goes around comes around.

Christian

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#2 Consumer Comment

Are you Serious???

AUTHOR: Christian - (U.S.A.)

POSTED: Thursday, July 05, 2007

To the above Poster, employee of this company.

With such post you have just made clear what kind of company you work with/for. Let's be clear on something... seminars for becoming rich and selling software and further more expensive seminars are ALWAYS a rip-off. I recognize you people have talents such as Expert Sales skills (you can sell a stone to anyone), and you have no soul.

With your response, instead of clarifying to us consumers, who read rip-off report you just made it worst.

Good luck and remember, in life, what goes around comes around.

Christian

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#1 UPDATE Employee

Rober Kiyosake?? Ripoff? Neil from Provo Ut.??? What a DORK! Grow Up!

AUTHOR: Russ - (U.S.A.)

POSTED: Saturday, May 26, 2007

We all remember who you are! You are the idiot asked to leave the Vegas seminar that cost you $50.00 to attend. You caused a massive ammount of problems and left us with no other choice other than refund your money and have you escorted away by security. No ISI staff member touched you and nothing was hurt except maybe your ego.

Stop internet postings, Stop complaining and just grow up! Robert Kiyosake, Sid Sperry, Steve Covey, Robert Allen would all have done the same..."Ask you to leave and go back to whatever it is that you do and where ever it is that you live". I would say this of you and any and all of the small groups of complainers on this site. It's up to you to take the camps, complete the camps(on or offline) and do as the successful masses have done...follow through and trade, complete realestate deals etc. ISI has said and continues to say"We'll work with students needing help".

Remember our teams are staffed by former and current students and or mentors. To say that something that has proven successful and very solid for all of us and thousands of others is a "Rip-off or Scam " is just plain WRONG and out of line! To say that you are"Neil" from Provo is worse! I checked...we have no Neil from Provo in our records! It's sad that you would lie to get back at a great company that kicked you out for simply being a jerk! Now you are still bothering others away from your ejection(now online) because of your lack of tact and manners!
get with it man!
Sincerely Russ Anderson ISI

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