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Jim Kelly on WBEN930 Wednesday


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CaWingNut....read the works of Robert Kiyosaki of the Rich Dad Poor Dad series.  Not all MLM companies are bad, some are quite good....but having said that, make sure you do a thorough due diligence process.  EG make sure the company is publically traded, that sort of thing.  Donald Trump was asked on David Letterman a few years that if he had to do it all over again how would he do it....Donald responded, Network Marketing....a few audience people laughed....Donald said, do you think that's funny? That's why I'm sitting here and why you're sitting there.  Classic.  Most people don't understand that the wealthy build networks and other people look for work.  Ted Turner built the CNN television Network, Donald Trump has his network of casino's, hotels, Ray Kroc had his network of McDonald's etc.

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Thanks, I've heard good reviews of that RDPD series, been meaning to pick it up. I don't disagree there's some good MLMs out there, but I bet I could find some pretty vicious commentaries and reviews on any one you name - that's all I was saying. The research is pretty daunting. I've been looking at franchises lately; not too many of those appeal to me either, but there's a few interesting ones I plan to get more information on.

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Thanks, I've heard good reviews of that RDPD series, been meaning to pick it up. I don't disagree there's some good MLMs out there, but I bet I could find some pretty vicious commentaries and reviews on any one you name - that's all I was saying. The research is pretty daunting. I've been looking at franchises lately; not too many of those appeal to me either, but there's a few interesting ones I plan to get more information on.

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Do some research on a company called Everydaywealth. It's actually an MLM that Richard Kiyosaki recommends. It deals with identity theft and debt management. Here's my link to the company, and a link to a Kiyosaki interview.

 

Everydaywealth

 

Kiyosaki Interview

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Do some research on a company called Everydaywealth.  It's actually an MLM that Richard Kiyosaki recommends.  It deals with identity theft and debt management.  Here's my link to the company, and a link to a Kiyosaki interview.

 

Everydaywealth

 

Kiyosaki Interview

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Thanks for the links, I'll look at them. If anyone else has other recommendations, feel free to jump in here, but I don't want the thread to cross the line into advertising for a particular product, so please think about using PM if you're not sure.

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Do some research on a company called Everydaywealth.  It's actually an MLM that Richard Kiyosaki recommends.  It deals with identity theft and debt management.  Here's my link to the company, and a link to a Kiyosaki interview.

 

Everydaywealth

 

Kiyosaki Interview

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Thanks BigAL, however your compensation is unfair to the average individual. It's always good to educate yourself of what is out there for personal reference.

 

Thanks

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CaWingNut....read the works of Robert Kiyosaki of the Rich Dad Poor Dad series.  Not all MLM companies are bad, some are quite good....but having said that, make sure you do a thorough due diligence process. 

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You are aware that the story is a fake right.

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I recieved a recent copy of the top 40 under 40 in Rochester. A lady I did my internship under is on the list. While looking it over and the ages I noticed this one guy is 25, so I did a little research on him. He was doing a HS project and was suppose to shadow a teacher. He wanted to shadow Tom Galisano instead. Teacher said no way, he's not accessible, student said "I'll get to him". So, he did and he ended up building a great relationship with Tom G. When the student got out of HS he wanted to start a company but needed the backing so he went and saw Tom G. Tom G invested in the kid and away he went. Started Blue Tie Inc. out of Pittsford. Here are some links.

 

http://www.forbes.com/free_forbes/2003/0217/102.html

http://www.bluetie.com/about/press/101800.html

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I believe that you can make money on real estate, don't get me wrong. But the issue is that market values pretty much everywhere right now are overpriced. The rates have been so low that people have been able to mortgage more, driving up the prices on homes. So if you are going to finance that four unit property in some undervalued city (Rochester, perhaps) chances are that even in Rochester you are going to pay about 25-45% more for that property than you would have 5 years ago.

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Thanks for the links, I'll look at them. If anyone else has other recommendations, feel free to jump in here, but I don't want the thread to cross the line into advertising for a particular product, so please think about using PM if you're not sure.

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Will do. Was in a rush this morning, and din't give it too much thought.

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Rich Dad Poor Dad. It never really happened. Do a search under it. He's admitted sections of it are fabricated.

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If true, that's slightly disheartening, I thought it was a good read, i will read it again and see if my feelings change.

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