Rich Dad Coaching / Rich Dad Experts
Reviews and Complaints

Rip Off Rip Off Rip Off- Wife snuck $7000.00 out of our 401K and bought this Garbage unbeknownst to the family as one of her So Called Friends talked her into this.. She died within 6 months of this absurd purchase and left her 17 year old daughter, her 20 year old daughter and this family $7000.00 was taken away from us to pay our bills and her funeral costs.

I still have the CD's and books if anyone wants them at a Cut rate.. You'll only Lose half of what we lost and I would only gain half of what we lost...

Too good to be True? That says it all. as he becomes a Rich Dad, I became a poor dad ...

I too attended the free seminar to purchase the 3 day at 299.00. That was a 3 day long sales pitch to get us to buy their "education". I did not sign up and am very glad because I have found the same information at much lower rates and even their website has a replacement called Connected Investors that offers the very same thing Rich Dad does and I got into the CI network for $7.00. I now have access to all of the same classes and a mentor if I want them. Rich Dad is making himself rich by ripping off the very people that can't afford it to begin with. If he was so confident in his education he would offer some sort of credit for the classes that could be paid with the knowledge you get from the training and being able to do the deals they praise so highly

I don't understand how adults can be told what to do with their money against their will. I have paid for the 3-day seminar and found it to be very informative. It was not ALL inclucive with the infomation provided but I did not expect it to be. It is funny to how adults will part with their money and cry about it to the whole world. But the same adults will spend money to go to college for 4 years at a cost of tens of thousands of dollars and not think twice with no guarentee of finding a job in their field of study or ever working in that field. Yet thats okay! Not to mention that many of the instructors in college and universities are professional students who have never been in the real world, in many cases, teaching 17 to 23 year olds theories that, in many cases, are out-dated. Yet thats okay! Now I have use the same $350 course to purchase a house that appraised at $187K for $135K after using the techniques I learned in the same classes you adults are complaining about. I have to admit that it took time to work out the details of all of the techniques but it is worth it when you understand what you are getting into. But I think that so many people are looking for something for nothing and then complain when they find out the really have to work. So forget about creating a lifestyle and just get a job and live paycheck to paycheck so you can feel good about impacting no one outside of your family. AND THATS OKAY TOO!

I attended the FREE two hour seminar which, as I expected, was a pitch to get you to pay $199 for a three day seminar. Fine.

The three day seminar did offer tidbits of valuable information, but was mostly another sales pitch for enrolling in their advanced seminars at a cost of $11-66K. Ouch! They pressure you, using your children and their future as bait.

During this seminar, RDPD goes out of its way to discredit college and its ability to prepare you to get rich. Very true. At least when you tour a college they don't make you pay for it. The $199 should have been free. They operate much like a strip club. You pay to get in, you give the stripper a few bucks and she attempts to sell you a $20 lap dance. It destroys their credibility.

I'm sure the advanced seminars have much to offer, but the price? They claim you'll get return on the investment 100 times over. They claim they'll teach you how to enroll in the class without actually paying a dime. They claim to be millionaire philanthropists, explaining why a rich person would spend their time instructing others. If they were true philanthropists, the price of their classes would be much more affordable.

I paid to enroll for a 3 day training. I have had troubles with them since. The material sent to me was incomplete. The customer service sucks. My emails are unanswered. I can't believe I was tricked.

SOOORRY for You're RIP OOFF! Thanx Soooo Much I was About to enroll In this Thing! But My instinct voice Was Telling Me "NO!"
Some How..
When I ask the coach, What if Its a Scam? He Told me he cannot Anwser that!?! I Have To trust Some one One day or another... he Also said That,
If I think That Rich Dad, Poor Dad Is a Scam Why I'm I interested anyway!
I'm Happy I never send ANY MONEY To them...
Blessss.

Lee Escobar is now 'working' for Than Merril's Fortune Builders.
Caveat Emptor!

All of you people are COMPLETE IDIOTS for buying into these "get rich quick" lines anyway. YOU ALL DESERVE TO BE TAKEN YOU IDIOTS! HAHAHHAH

http://www.cbc.ca/marketplace/2010/road_to_rich_dad/main.html

SUCKER DAVE I AM. Lost $32K. THE PUPPET MASTER Lee Escobar uses the fact ( I think) he's a chaplin in army to gain your trust., Kept using god-like phrases. You are here for a reason, You have the Devine Right to borrow money.

May 2011: BBB "F" RATING http://www.workathometruth.com/blog/2011/05/23/rich-dad-seminar-warning/
I hope you all read this, cause they have to be stopped. Kiyosaki MUST be held accountable as he receives money and puts his name on it. I will continue to post as I gather my thoughts, lost dreams and self-esteem. Is there a group lawyer? I want to be added.
- Forced us to say OhYa after everything he said.
- Black list people if you don't sign up immediately. You CAN'T EVER ATTEND anything from them.
- Help U set up CC, so it will pay for ADV Training.
- FREE? I had to pay for $199 for the Free Seminar, so I could listen to the Upsell. Or else. THEY LIE!
- only 1 bathroom break a day to keep you in your seat listening.
- CANCELLATIONS: 3 DAYS OR ELSE YOU PAY! Interesting that they have a cancel form ready, cause they KNOW a % with cancel and thats ok, cause the masses end up paying anyway.
- Teacher put "L" in front of his forehead, SAVINGS & 401K plans are for LOSERS. Repeat After Me!
- Lee Escobar WON'T ANSWERS your questions, saying you are disruptive and STARES AT YOU UNTIL YOU SHUT UP OR LEAVE.
- Lee Escobar says hes a Chaplain and uses his preacher voice and claims he was sent here to help YOU!
- Actual Training over 3 days: 2 hours (NO QUESTIONS ALLOWED AT ALL)
...take the Cash flow game and copy the DEAL Cards and that's what they taught.
- Actual UPSELLING over 3 days: 22 hours
- Surveys ARE FIXED to make THEM LOOK GOOD!
Lee has a Mobile home park development in a binder. This binder was horrible, lacked content, was missing the plot location of the actual park, and ONLY showed you pictures of what a Mobile Home Looks like. JUST LIKE THE PEOPLE IN CANADA that went thru the 32 Million dollar SNOW-JOB. IF THIS GUY REALLY IS A MILLIONARE, these PROPOSALS would be Dynomite. A fifth grader did this as a class-room project. THERE WAS NO PLOT where it was going. HE MADE IT UP!
John T Reeds detailed list of why Robert Kiyosaki is a phony Huge list here, about 30 pgs. Even shows where the marines gave him a great Review even after he bashed the Marines
http://www.johntreed.com/Kiyosaki.html

- If Robert Kiyosaki & Kim Kiyosaki were sitting there, it would be a TOTTALLY DIFFERENT Seminar. OR WOULD IT? PLS MAKE THEM ACCOUNTABLE, their names are on the game cash flow and supports this group by receiving Millions of dollars.
When I go to Tony Robbins, I know I'm going for a motovational speach, here we are all Blind sided. We thought it was a Basic Training to Real Estate. LIARS!
- Warns against using Realtors for anything, DUH, caused most of its illegal.
- did you know every teacher has experience is Motovational speaching to church masses.

I may not be like LEE ESCOBAR (BENT-LEE), but atleast I have MY Morals.

I hope Kiosaki is forced to pay millions to all the poor people who got scammed on this garbage. I too went to this 3 day seminar only to be pitched the majority of the time for the 60k mentor program. All the while, the speaker was suggesting to max out our credit cards and even had the nerve to suggest our homework for the first evening was to call our credit cards and ask for increases to pay for the classes. I have sent a letter to my congressman and even notified our local police department. For those fortunate enough to read this prior to attending this scam, consider yourself lucky. For those who have already been ripped off I suggest you keep a copy of your receipt, credit card statements and a short journal of your experience as a class action lawsuit is already forming. Stay tuned.

My business partner and I went to the free seminar today and we were so disappointed in the sales pitch for the 3-day training. Granted, they had a "special" of $199 for two people...a huge discount from their regular price of $995 (and apparently something that is worth about $4000). I sat in disgust listening to the crap and all the kumbaya success stories. Gotta tell you though, the guy was so good that by the end of the free seminar I really was itching to sign up for the 3-day one. But my partner and I decided to sleep on it and discuss it tomorrow...well, after I read the comments here, there ain't gonna be much to discuss except for "Hell NO! we ain't going!" I am in no mood for dumb ### sales pitches and little if any valuable info. I probably will buy some more books though and just focus on those and other research I can do on my own. Like Red1969 said, THANK GOODNESS FOR THE INTERNET! AMEN TO THAT!

I am glad I ran across this before I signed my husband up for the $995/3 day seminar. Thank goodness for the internet...I hate scams and scammers...

BrooklynGator is an idiot or a troll. People are looking for training, not attending a 3 day sales pitch. Suck my big fat one your loser.

If Kiyosaki's wisdom and teaching were effective, why do his testimonials of success have the disclaimer of "unique experience" on them? Seems there are far more people who felt scammed than felt they got their money's worth.

I think Mr Kiyosaki learned all to well from the Amway scammers. You make more money selling training than you do selling a product.

Kiyosaki has always been just a sales guy, who is a motivator and not, as he likes to portray as, a teacher.

His mantra "to know more about money, you need to be financially educated" is the equivalent of me saying, "to be a doctor, you need to get a medical degree and study medicine"!

That does not mean I am teaching people how to be doctors!

He is snake oil salesman, that has deluded a lot of people, including myself initially, into thinking he is telling you HOW to get rich, rather than simply saying these are the things you need to do but not telling you how to do them.

If the people going to his seminars or reading his books need either, to tell them that they do not get rich working for others, or that companies can minimise their tax payments more than individuals or that investing in property is a good way to get income from tenants or that running your own company is a good way to get rich or even that $50000 for a few days course is good value, than the people who say he has taught them a lot, and spent a ridiculous sum on "advanced" courses must have been totally ###ed dumb idiots prior to going in!

The sad thing is that their pride does not allow them to admit they have been conned.
I accept that I fell into the trap of thinking this guy must have secret, but his skill is alluding to the fact that he will tell you it soon.

I read 4 of Kiyosakis books, thinking there must be more substance in the next one. There never was. Just the same obvious simple common knowledge that any 21 year old would know.

At least I can see that I wasted my money on the books and watching a number of free seminars on the Rich Dad iphone app, has just confirmed what I thought.

I almost admire Kiyosaki for having being able to brainwash people into thinking he was telling them something they did not already know.

ie. Have any of you noticed that he keeps saying the words "does that make sense to you guys?" evry minute, after the most basic sentence!

When people keep saying yes, it convinces them into thinking that they have just been taught something, when in fact, they have just understood a very basic and obvious statement that was what they knew anyhow.

He is a sales and marketing guru, but certainly not a financial one.
I have nothing against the guy, but I have woken up to the fact that he does not have any great "secrets" but just tells you what to do to get rich, but NOT how to do it.

At least I woke up and have not fallen for the bigger scam and spent thousands on a three day course. Think of the amount of hours private tuition you could get for $50000 from a real estate specialist, you could research in depth before hiring.

It is great illusion he has got away with for 15 years, but anyone vaguely interested in their own finances or basic day to day money, must surely know everything he talks about in his books just from having lived to adulthood!

Enough is enough and it is time his "teachings"were exposed for what they are, a confidence trick!

I spent a little over $16k with the WIA and paid for it with my 1st deal! People often ask me how I buy so many houses and I tell them that I invested in the right knowledge. It paid off for me, I just had to do it!

My experience with Kiyosaki's sales reps has really turned me off from the whole rich dad teaching... My wife and I went for the free workshop they had locally after reading "Rich Dad Poor Dad". We were excited to learn more about real estate, but ended up being sorely disappointed after realizing the whole "workshop" is designed more to get you signed up for their training seminars. Kiyosaki's sales dog's only cared enough about everyone's "financial education" to the point that if you didn't purchase their $199 training in Jan, you weren't worth being treated with any respect or class typical of a more professional crowd. The sales pitch I was given after attempting to leave without purchasing was about as volatile as a door-to-door salesmen - guilt tactics involving my wife, (trying to make me the bad guy because I didn't purchase the program), dividing the cost of the training by the total amount of day's until the seminar to give a cool .27 cent per day offer, the whole sha-bang. In my opinion, read Kiyosaki's books, but don't go to the workshops unless you like being swindled by a jerky sales reps who gets paid commission off how many people he gets signed up for their "3 day training session" & if you like being treated like a second class citizen in the event that you don't get manipulated/forced into purchasing. Sorry Robert, get a better sales team.

I will share my experience here, in hopes that it will help others make an informed decision.

I first heard of the Rich Dad mark/brand from a trusted friend who is now a financial advisor. We were both in college during this time, and my friend said no more than "I've read 'Rich Dad, Poor Dad' and it's a good book." Because I enjoy reading new things and finding new ideas, I read the book. It sounded great, but I also did not read the book as nonfiction, or I should say, when I was done, I didn't have the impression in my mind that it was a nonfiction book.

Some months later, I can't recall how exactly, I saw an ad (I think on the internet, probably just as Facebook ads were starting to gain traction) for a FREE! Rich Dad seminar NEAR YOU! I clicked through and read all the fine print, and yes, it really was free. I committed to attend, and it took place in a rental hall of a local Holiday Inn.

Arriving, my immediate perceptions, or "spider sense" if you will, were that something was off. Most of the people filing in (about 40 I'd say) were dressed casually or less-than-casual (think People of Walmart). I actually wore long pants and a button-down shirt in an attempt to not look like I crawled out of a box. There were about 3 "official" men there, all in 3-piece suits that were WAY over the top. Armani et. al. with pocketwatches, waistcoats, you name it. Diamonds and gold lame everywhere. As I wrote my name on the attendance roster, this (pardon me) Italian mobster-looking guy gazed down at my signature and goes "Lovely, strong handwriting" or something like that. I'm sure he was trying to endear himself but it just creeped me out. Moving on:

Inside the actual room where the presentation was to take place were two folding tables butted up together covered in RDPD materials. Two columns of chairs were arranged, and I sat towards the back. The presenter began (a younger guy himself), and ran us through a bunch of slides to show us how "normal" he "used to be" before he "became free." Then he started showing us all the properties he supposedly had flipped, with pics of and (again, supposed) family members in ratty t-shirts "putting in the work." Finally he showed some pictures of rehabbed homes with "SOLD" signs in the yards, and then him next to a sports car.

After this initial ra-ra speech, he said something like "I know you're all going to be sitting here wondering 'What is he selling?' throughout the presentation. Since I don't want you concentrating on that, and actually want you to benefit from the presentation, I'll just tell you know. We're offering our 3-day training for $795 (or however much - many on here have put 495 and 595)."

Wow! What an honest guy/team. No high-pressure. Just gonna lay it out there right now! And $795?! Who has that kind of money? Glad he told us upfront.

Just wait for it. The presenter proceeded to go over a few easily googleable/wikipedia-able real estate investing terms and went through a quick "memory" game to make people really feel like they were learning. Then, the shocker! "If you had fun learning that, you'll learn about 20 times as much in our 3-day course. It's normally $795, but tonight only we're going to give it away for $495." Typical used-car salesman trick, and I wasn't buying. He then admonished us, "If at ANY point during this presentation you know this training is something you need, feel free to walk back to our representative/Italian mobster in the back."

A few more terms and anecdotes, then a revisitation "You'll also get ALL our basic materials [a bunch of rich dad books, a workbook, and a DVD] for FREE. In stores this would cost over $250." More hard selling and false value added then "real" value removed if you didn't buy.

A few more stories, then "If you buy and pay TONIGHT, you will get to bring ANY guest! Sell the extra spot on eBay to recoup your own cost. Split it with a friend. How can you go wrong folks?"

And now to come to the grand finale. By the time this guy was done, I was THE. ONLY. PERSON. who has not walked back to that table and plopped down a cool $500. Furthermore, the presenter had apparently done some time in Brazil and had learned to speak some Portuguese. I thought I might go ask him about his experiences but no, I got nothing but a stonewall since I hadn't bought into his mind-control. The respect I had been treated with when I arrived was long gone. I left with my "free gift" (a DVD) and sold it on eBay for an extra $10. So hey, for me it did create some wealth!

My account above was factual; now for my own opinions/interpretations: Any enterprise that promises returns greater than the stock market can achieve in less time (by an order of magnitude) is a scam. There Is No Such Thing As A Free Lunch. Anyone who only treats people with respect and dignity while they're selling to them isn't worth doing business with. Any company that doesn't offer a guarantee needs a closer look. Personally I will no longer have anything to do with this mark of this brand. I've been listening to Dave Ramsey and reading other independent columns and books, and I'm doing considerably better than if I'd taken the advice to borrow money at 25% to invest in a market that changes overnight. The end.

Per above, I did end up getting my money back. I guess they got my cancellation in time via mail (as email and fax would not go through even after scouring the internet for this contact info) and they refunded me rather quickly. Granted, I'm sure they screw with many other people. So, buyer beware. I don't know if it's a lawsuit to be sketchy; they are following the policies that are clearly written in their materials. However, those policies are difficult for any reasonable person to abide by, so maybe Utah law (or federal) must change to say such a stringent cancellation policy can't exist.

all of you that were scammed, start a class action lawsuit.. see how quickly you'll bring the giant down.
No one can do it on their own, but with the voices of thousands that have been duped, you will make them buckle and break.

Or apostrophes... and clearly I need a little rest! :)

Please note all the weird signs in my above comment are either commas or quotation marks. Not sure what happened there...

I went to a free session just last Friday, June 5, 2011. They advertised on the radio and during the session talking about how, in the next 1.5 hours, you would learn lots and lots about how to manage and make more money, alluding to such things as starting a business and investing. However, 2.5 hours later, I felt overly pressured to buy the advanced class they were selling at a discounted rate of $199 (regular $995), which included 3 full days of education. I actually did purchase it, after clarifying that I did not learn much of anything this session and asking if I would feel the same after the advanced class. Of course, they said no. Then, I clarified: the speaker seemed to advertise many ways of enhancing wealth, but then everything seemed to hone in specifically on real estate. Was the class going to be only about real estate? Yes, but they claimed the skills were transferable to starting any business. Pretty broad claim, but considering for $199 I would get about 28 hours of learning (including lunch breaks, for which, despite all the company wealth, you must bring your own food... and pay for parking), I thought it was a good deal--especially since I could bring a friend and also get us both lifetime access to some online resource center.

Then I got home and buyer's remorse set in. I sat down and scoured the internet for reviews, coming across both good and bad. Here's my general take: If you know very little about real estate investing and are not likely to go to your neighborhood library to get a book to read on it on your own free time and if you do not have the time to try out a class on real estate at your local community college, the class is likely something that will give you a boost in knowledge you can use. Granted, many people across the nation are in debt and don't know a thing about how to improve their credit scores or do their taxes efficiently. You may improve these skills through this class, according to what I have read. But, if you're like me and are a bit skeptical of any product at the end of a hard-sell session without and satisfaction guarantees, you may want to read reviews across the board. Further, I am the type of person who is likely to read a book on a given subject to improve my knowledge, or better yet, take a full-length class on real estate (perhaps even based on Rich Dad ideologies) for about the same cost at a community college. So, I sent in my cancellation notice, which may open up another box of worms...

Upon signing up, they have you sign your life away, giving you three business days to cancel. But, you get the exact terms only after having signed up, which is sketchy, but still, in my litigious nature, I assumed I was still in good hands. I got home and read the terms, however, and wondered whether or not I would get my money back. Specifically, the terms state that you must mail or deliver the cancellation notice to the company (in Utah) but midnight three business days later. It does not say "postmarked by" three days later. It says "received" by then. Now, unless you're ready to shell out extra cash for expedited shipping, this is difficult to achieve depending upon where you live. Either way, I took my chances and sent my cancellation certified on Monday, hoping it will be received by Wednesday at midnight. I backed up my cancellation by emailing the company as well, although of course that does not qualify under the "mailed or delivered" provision. I also tried to attach a copy of my cancellation notice, but that bounced back as undeliverable. Further, I tried to fax a copy to the number I found on the Utah Better Business Bureau website [protected]), but that never went through; the number was incessantly busy. All in all, the cancellation process in and of itself made me quite skeptical of the company. Granted, you may learn a bit from the class and find the methods to promise a good return on investment, which makes your $199 good money spent if you have it. But, question the honesty of the company itself before you believe just using your local library in combination with a good dose of ambition can't do just the same.

this company is outrageous! i dont understand why they can still operate & none of our agencies have a way to stop them! This is insane!