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From the lens Peak Potentials Training - Is This Company Just Another Scam?.
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incrediblepotential
Jan 23, 2012 @ 5:48 pm | delete
- I love the comments of coolenough, very spot on. You don't get rich by putting $25,000 onto credit when you're already broke. While examples of this may have occurred, I don't believe that was Harv Eker's intention.
Ramit Sethi of www.IWillTeachYouHowToBeRich.com has a different approach. He insists you don't purchase any of his programs if you have a balance on your credit card and will ban you from every purchasing anything of his if you do and he finds out. I believe this is a model you will see more and more in the next generation of self-help leaders.
While you do need to break free from old paradigms in order to break through to new ways of thinking, can you go too far? Is tens of thousands of dollars of new debt too far? Are physical injuries from the participation in rigorous trainings too far? Is quitting your job and pursuing a life of passive income when you have no network, no net worth and no safety net to fall back on going too far?
If all the people coming into the programs were successful, well-adjusted, responsible employee types who simply wanted to take things to the next level and learn the principles of the rich so that they could start their own business or retire early, there would be no problems.
Harv's programs are run on a principle of breaking down your unconscious barriers. While most personality types have barriers that need to be broken, the challenge is that self-help tends to be heavily weighted in the direction of people who have been challenged in finding answers for personal and financial stability all their lives.
For two years I was the Head Coach of Peak Potential's coaching program. Of the approx. 25,000 individuals I saw come through the coaching program, what alarmed me were the number of people who thought Harv's message was that they should immediately quit their job (which he does NOT recommend). But if this is the perception they are leaving with, would it be appropriate to provide more distinctions in the message, or will desperate people simply hear what they want to hear?
I never experienced any doubt that Harv's intentions were good. As opposed to James Ray who ran away when participants at his training died, when a participant at one of Harv's more extreme camps had a heart attack (this could just as easily occurred when he was out for a jog back home) Harv immediately set up a fund for the family.
Harv's marketing is 'irresistible' and that is a powerful tool that helps most people get out of their own way, and some people need more than a few minutes that is offered to make the best decision about purchasing a course. My advice is to decide before you go into a seminar what additional seminars you are considering purchasing and a budget for them.
I now consult to speakers and trainers and one of my clients presented his program at one of Harv's multi-speaker seminars. To my client's credit, he went out of his way to stop people he didn't feel were qualified for his program, but he was blown away by the conditioning to "BUY!" that is programmed by the environment Peak Potentials creates. Even turning away those he was convinced were not qualified he sold nearly $1 million worth of programs.
I believe that if you're ready to implement the principles and can afford it that Peak Potentials trainings are some of the best money you can spend. It is not be someone else's responsibility to determine if you're in that place so know your personal and financial limitations before you walk through the door.
Graham White
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Shirts-And-Travel Apr 12, 2011 @ 12:46 pm | delete
- T. Harv Eker's book was a great read. Inspiring and motivational.
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scar4
Dec 14, 2010 @ 1:30 am | delete
- Good place for me to make money online.
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coolenough
Jun 3, 2010 @ 12:05 pm | delete
- I took the Quantum package of courses in 2004/05 when it was offered for $9995. After that I upgraded and took the Train the Trainer 2 course. In that course Harv, the owner, explains his sales strategies and teaches the participant how to craft and operate their own "training program". What I became aware of is, one of his strategies is to keep clients in his programs for as long as possible. To that end he was literally creating programs "out of thin air" to keep us running to the back and offering up our credit cards for another $1500 course. It was quite amazing to see 3/4's of the room buy into a program that didn't exist a half hour earlier. I didn't.
I came to the realization that if I was ever to attain the status of "wealth", what I needed to do was stop taking Peak Potentials courses and apply the material in them to my benefit.
I was present when MOSHOG (Mind of Steel, Heart of Gold) was first introduced - Harv actually inferred that the course was channeled into him by some unknown power. (He used the word "channeled"). Of course he was preaching to the converted so his assertion was accepted without any noticeable dissent. I did get swept up in the overwhelming value he was offering to first time attendees and registered for it. However, once I'd taken Train the Trainer and come to the conclusion that it was a course that provided the tools to create a similar business for myself, I decided to transfer the MOSHOG tuition over to Train the Trainer 2.
I've never considered Peak Potentials to be a scam, although it is an amazingly effective sales organization. My experiences with the organization have been positive and I don't consider myself brainwashed or controlled. It didn't bother me to break an arrow or bend 3/8th inch rebar with my throat; being choked to the point of nearly losing consciousness and participating in simulated attack/defense situations was actually useful training for me. I got a lot out of his courses.
I don't agree with claims that his recruitment methods are similar to those of Landmark. Yes, Peak Potentials does encourage its clients to spread the word and recruit new clients. However, to my knowledge Landmark and most of the other Personal Development Workshops do not pay actual commission dollars for referrals. Peak Potentials is a very SLICK and POLISHED sales organization and they have a sophisticated online "ambassador program" to pay commissions for recruiting new clients. Landmark and most of the dozens of others programs offer only intangible "points" to their clients for bringing in new business.
People claim his sales techniques are "ruthless", perhaps they are. They are highly effective, there is no doubt. Where I have a problem, is with the background commissions Harv is collecting from every organization that he allows into his "Millionaire School" or ?Wealth and Wisdom? programs. Harv is introducing and vouching for the integrity and value of the products others are offering when he really doesn't have any more knowledge or understanding of them than the participants do.
As an example of this; Harv is being sued along with Michael Lathigee (head of the Freedom Investment Club group of companies) who has attended every Millionaire School since 2003. At these events Harv has touted the investing acumen of Mr. Lathigee and his stellar reputation for providing outsized returns. Based on Harv's strong endorsement and Mr. Lathigee's sales presentation many attendees bought into extremely risky real estate programs and have lost substantial sums of money. There is a prospective class action lawsuit underway (US District Court in San Francisco), attempting to reclaim refunds from both the Freedom Investment Club and Peak Potentials (for the commission money received for Harv's ringing endorsements). For additional details paste this URL into your browser: http://www.canada.com/news/Vancouver+sued+pitching+unsaleable+properties/2913847/story.html
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Aug 2, 2009 @ 4:04 pm | delete
- "Behind every great fortune is a crime against someone". I think these types of trainings could be a seen as a scam by people who don't do anything with the tools they are given.
At the same time, the guys doing the Peak Potentials Training must know that not every person doing it will succeed. Is it then ethical to take peoples money anyway, knowing they may not go onto greater things?
I guess the only way to answer that is do the training and see what you get out of it.
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fitnessbyphone
Jul 30, 2009 @ 10:48 pm | delete
- I agree, if you use this material you can change your life. It is working for me slowly
but surely :)
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eResumes4Vips
May 14, 2009 @ 3:59 pm | delete
- T. Harv and Peak Potentials has 'Changed My Life.' I now have a Millionaire Mind!
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Alfredo
Apr 29, 2009 @ 11:18 pm | delete
- I did a little bit of research on this and so far what I c, it doesn't seem to be a scam. Its understandable that there could be doubts with any kind of money making or get rich guide due to insane amount of scams out there but this one seems to be real
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adda4u
Apr 22, 2009 @ 12:16 pm | delete
- Great Lens really worth to read it ...
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Jason
Apr 14, 2009 @ 10:09 pm | delete
- i just bumped into your lens while i was searching for some online money making resource. great looking lens.
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