Henry Kaye - the post MLM wave
Reply: 1.1.1.1
From: Sim' Hampel
The reason prices are rising so rapidly is that there are so many people out there willing to fork over their hard earned cash so some "expert" can make them get rich quick without any effort on their part.
Henry Kaye is running a business making money from his seminars. That's fair enough. What he is in the process of doing right now is seeing how far he can push the envelope.
While he is still getting huge demand for his courses, why not keep jacking up the prices until the demand levels off... there you have found your sweet spot - and lots of money will be made.
He is not running a charity, he's in it for the money. He's doing well - he has a great business plan - we should pay close attention to how he operates and why it is that people are willing to fork over so much money.
Remember that there are lots of people out there with lots of money and very little time. Kaye is merely providing a service by taking some of that money away from them. Notice that he doesn't require full payment up front. It's "low down, monthly payments" or something like that. Everyone can afford it (mostly).
This seems to be the next wave after multi-level marketting (MLM). Most people are either converts to MLM or are dead against it. The world generally knows how it all works, and there have been enough shonky operations around to scare people away from the good operations too unfortunately.
Anyway, now that the world is savvy to the get rich quick failures (mostly) of MLM, they are looking for something new. Well... why not resurrect an old favourite then... property investment !
I think Henry Kaye is onto the post-MLM wave and is doing a fantastic job of making himself lots of money while seeming to do a mostly honest job of it. I don't think he can puch the envelope too mach further though before the authorities start paying very close attention to his operations to make sure that the unsuspecting public are not getting ripped off.
For his property investment education and the costs therein - I personally think you are better with a decent book collection and a network of savvy likeminded people.
For his business and marketting skills - I think we can all learn a lot from him !
Anyone care to suggest how long it will be before some poor soul who lost money (through their own stupidity usually) after doing a HK course, turns around and makes a huge stink, gets ACA, Today Tonight and all the tabloid papers involved and then the authorities start investigating ?
Just my opinions !