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Who here hasn't gained a huge benefit from this forum? Yet we don't pay thousands of dollars for it.
Is that a foolish dream?
Here's what I'd like to see ...
Someone who has had some decent success in property investment and has really walked the walk.
I'd like to see that person run some seminars and share their knowledge in order to inspire others and show how they changed their life through their investment strategies, charging only for the cost of running the seminar plus a reasonable charge for their time.
Because they have been SO successful at what they do, they don't need to charge thousands of dollars for mentoring programs etc. They are wealthy because of what they do, not because they share it at a cost.
I know some spruikers defend their high fee structure by saying that people don't value what they don't pay for, but I challenge that.
Who here hasn't gained a huge benefit from this forum? Yet we don't pay thousands of dollars for it.
Is that a foolish dream?
The problem with providing free advice or free services is that noone values them. Funny thing about human nature. We seem to think the more expensive something is the more exclusive it is.
I used to provide a lot of free time to charities etc but found that people just wanted and expected more and more. The free questions and advice spilled over into others areas and I became quite drained from it. That was 5 years ago and I only consult to one charity now and that is the only free advice and time I provide on a professional level.
The rest of my free time is spent with family and friends. Not with people who just end up wanting more for nothing. I stopped posting a lot on this forum a while ago for the same reason. The questions just end up being relentless. Maybe some used the forum to build a client base but we have only ever had two or three clients from the forum. So that was never my purpose. The older I get the more selfish I am. Family and friends are what I value. Providing free advice to someone i've never met before. Not interested.
Good points ... I am subscribing to the idea that the more you give the more you receive. The receiving part however does not necessarily come from the same source you gave too ...