Rich Dad Poor Dad
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|Type of Business:||Business Coaching Program|
|Skill Level Needed:||Intermediate to Advanced|
Rich Dad Poor Dad – Business Review
Rich Dad Poor Dad by Robert Kiyosaki and found at richdadcoaching.com, is a business coaching/mentoring program that has left many people feeling that it provides questionable results. As it is, the price is so overblown that there really should be no question as to whether it should work or not.
I won’t get into the details of his books or his philosophy, which is very interesting and worth learning about, because the focus of this review is on the coaching program. I will say that I have read and enjoyed the series of Kiyosaki books, and can tell you that there are far better results when you read the books at pennies on the dollar of the cost of his Rich Dad Poor Dad seminars.
Although I definitely recommend you read the books, the focus of the coaching program is more about real estate than business or marketing. Having undergone several coaching programs, some more rigorous than others, I found the Rich Dad Poor Dad’s coaching program to be disappointingly short of the mark, as opposed to results from his books.
Not only are the fees of $3,600 to $4,500 are a bit cost prohibitive, but they ask an extra $400 to $500 an hour for more consulting after the program. To be fair, they do have a ‘free’ resource line you can call, but even that has its limitations. Add to that your coach’s feeble responses to your email queries and I believe Rich Dad Poor Dad coaching program should be priced at about a quarter of its current price.
I’ve approached many who have gone through the program and the usual common feelings, like my own, are that though the lessons are good, answers are too broad stroked and they leave you with a sense of disappointment. There is a reason. Rich Dad Poor Dad is not really Kiyosaki’s own program. He contracts out from other coaching businesses that are familiar with his program.
The website, though is a large virtual store filled with informational materials for sale. The coaching seminars’ DVDs can be found there at a third of the price of the personal coaching program, too. There are even games for children and adults based on Rich Dad Poor Dad topics.
He even sells his name brand for franchising. I would be very careful before investing in his franchise program which starts at 35k, though. Unless you really know what you are doing and already run a highly successful mlm type business, it won’t be a good investment on your part.
Even if Kiyosaki were to teach me face to face, I would amlost still hesitate to spend as much money as the Rich Dad Poor Dad charges for their coaching program, however, most of the coaches are not necessarily as experienced in the actual running of their own real business as they would have you believe, and they also do not have a good refund policy system. As in, no refunds.
Therefore, I have to say that I do not recommend the Rich Dad Poor Dad coaching program to anyone wanting real results in improving their business acumen. Read the books. Your bank account will love you for it.
Thanks for reading…
TagsRich Dad Poor Dad Rich Dad Coaching richdadcoaching.com www.richdadcoaching.com Robert Kiyosaki Robert and Kim Kiyosaki The Rich Dad Operating Company Rich Global Rich Dad Poor Dad
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