What I Learned from a Con-Man

A few years ago I was watching TV and came across an interesting infomercial. It was about people who used government grants to invest in real estate. This was not a how to flip houses home study course. It was actually an advertisement for a seminar that only cost ten bucks. I had just been exposed to the concept of wealth building through multiple income streams and had even read a few books about real estate investing. I thought why not check it out. It turned out to be a huge scam. That being said, The con-men had some excellent advice. More on that later. What a bunch of yahoos. They didn’t even offer a service. The whole seminar was a huge sales pitch. I still don’t know what they were selling. You had to find and write your own grants. All the company offered was someone to look over your grant proposal. The cost, a mere $1,000. The Guests of the so called seminar couldn’t wait to write these actors a $1,000 check. Yes, I said actors. I did a little research and found out that the main presenter was an actor. Of course there were high pressure sales techniques being used and anyone who did not buy in was made to feel stupid. They were also selling a business website system. I won’t go to much into that. Lets just say that it was a joke of a system. They must have sold 100 of these web systems for only $500 per system. These con men cleared over $100,000 in one day. So what did I learn from these con men. One of the presenters said  that he had a wealthy mentor that told him, “people create wealth by what they do between the hours of 5:00 p.m. and 10:00 p.m. That advice has served me well. Most people don’t get rich from their job. Most people will never acquire wealth because they are to busy watching TV.