If you are an entrepreneur or have the wish to be, it is very likely you have heard about Robert Kiyosaki, who became famous for his book Rich Dad Poor Dad.
It is a book that has inspired millions of people all over the world to think differently about money and how to build an income.
That was also why I was excited when I at some point a while ago saw there was a free 2-hour official Rich Dad Education workshop in the city I live in.
However, it turned out very differently than expected.
In this Rich Dad Free Seminar review, I will share my experiences about what happened at the workshop with you, and I hope it might help you better understand what to expect, so you will be prepared before you go.
Personally, I would wish I had this information before I went, and I would probably not have gone if I had known this. But let me explain what my experiences are, and then you can decide for yourself, but then at least you will be prepared if you go.
Rich Dad free seminar at a Glance
Summary
The Rich Dad free seminar might sound very appealing if you have read any of Robert Kiyosaki’s books. But be aware that this will NOT be the same.
The free seminar is mainly one long and very clever sales pitch. I was aware there would be some selling but this took it to a new level and they are master at creating hype and getting people to spend money without thinking, in my opinion.
So if you go, just know that there will be a lot of selling going on, and they can be very convincing. So if you know you cannot afford to invest in a paid seminar, it is probably better to leave your wallet and credit card at home:-)
I would advise you to stick to Kiyosaki’s books for inspiration and if you are interested in becoming financially free then find another way to build a business than going to any of the Rich Dad free seminars.
Background for writing this review
First I want to emphasize that this review is based on my experience and opinion – there will probably be other experiences and people that feel better about it than me.
The background for writing this review is that I feel it is important to know the tactics that in my opinion are used at these Rich Dad education workshops. They take place all over the world every week, so it is very likely you have also seen them advertised in a city near you.
In my case, I saw a Facebook ad about a free 2-hour Rich Dad Education workshop only a few kilometers from were I lived at that time.
It is always interesting to hear inspiring ideas about how to build a business, and whether you are an online entrepreneur or just interested in finding a way to build an income or another way to think about money, you have very likely heard about Robert Kiyosaki and his books.
When I saw there was a workshop in his name, I automatically trusted that it would be inspiring and something I could trust – that was my first mistake.
At the time I had not yet worked so much with my online business, but I had worked enough to know there are a lot of scams and was already at that time good at recognizing when I had to be careful.
In this case, I was caught completely off guard, because it was in the name of Kiyosaki. So I decided to go.
Since it was a free seminar, I was, of course, aware there would be some selling going on, but I expected it would be books, etc. with focus on giving some good and inspiring information. What actually happened at the event was very unexpected.
What is the Rich Dad free workshop/seminar?
Of course, a free seminar like this will try to sell you something, but this seminar took things to a new level in relation to what I have experienced before.
It was a 2 hour long very well planned, and very clever sales pitch. I even felt like I had been brainwashed after, and was almost not aware of what had happened, even though I am usually so aware of such things.
If you know anything about the psychology of manipulation and of getting people to say yes without thinking, these guys were masters of this in my opinion.
First of all, Robert Kiyosaki was not present himself, which they also clearly tell, before you go to the event, so I was aware of this. I did, however, expect that there would be someone who could give a lot of inspiration.
But the guys there had a very clever and very well planned show that was only designed to get you to buy a 3-day seminar.
There was a few interesting points made there, but it was all a big selling show. But in a way where you did not necessarily notice it that much because it was also entertaining and action were people were running to get free gifts, etc.
I am not proud to admit it, but I actually did end up buying a 3-day seminar, as I thought it would be useful inspiration to get.
But mainly because it was in the name of Kiyosaki, and I thought I would learn more about his approach to business at a seminar, and thought I could use this to grow my own online business, and I must admit that I was caught off guard and fell for the pushy sales tricks they used.
The 3-day seminar I ended up buying was around $500 for 3 full days, which is not a bad price, if you will get valuable inspiration.
But even though I did end up signing up for something that seemed reasonable, something did not feel right.
What happened after the workshop
After the free seminar I felt something was not quite right.
Slowly I started to realize all the tricks they had used in the 2 hours long show, and that my guards had been down, because I trusted the name, they had used to advertise this event.
I started suspecting that maybe these 3 days I bought would not be so much about actually learning something, but just to sell even more.
This is a trick I already at that time had seen used very often online, where programs use a cheap price to get you in, and once you have invested a bit, they will push you to invest more, and more, and more.
So I started to do some online research. And A LOT of bad reviews quickly came up. It turns out that these 3-day events seems to contain very little actual learning, and is mostly one long sales pitch for more expensive products.
Already back in 2010 CBC had an article about how deceptive methods are used at the free Kiyosaki seminars, and I found several other stories confirming my suspicion.
I know what these salespeople were able to do in just 2 hours, so I am afraid to think about, what they can do to people in 3 days non-stop. CBC also had undercover recordings that showed how people were pushed into investing up to $45,000 at these 3-day events.
There is also a lot of negative feedback on the website Ripoff Report – at the moment of writing this review, there are more than 800 people sharing their stories about how they feel they have wasted their time and money.
You can see an example of one of these stories below:
After reading a lot of this info and thinking more about the techniques that were used at the free seminar, and how I reacted to it, it was clear to me that I had to get out and not waste my time and money going to a 3-day seminar.
Luckily there was a 7-day return policy, and there were still more seminars going on in the city I lived in.
So I went there and requested a refund, which they also gave me. So to be fair, I did end up getting my $500 back, and I am very glad I got out without losing any money and wasting more time – but from what I have read, there are many that have not been so lucky.
Recommended: See How I Now Make a Living Online
What to be careful about if you go
So now we come to the whole reason I am sharing this long story and my experience.
The Rich Dad Education has several free and paid seminars all over the world every week. I got out and realized what had happened, and I have not lost any money.
But it is hard for me to think about all these other people that in my opinion might be lured into spending their money because they have previously been inspired by Kiyosaki’s book.
To be fair, I want to say that there were some inspiring moments at the free seminar and some valuable things to think about.
And I cannot say for sure what is going on at the paid seminars, as I did not go – I can just say that from my experience and from seeing what was going on at the free seminar, I definitely do not want to go to longer events, and I definitely do not want to invest anything into their programs.
So if you end up going to the free event, I just encourage you to be very careful and aware of the sales techniques used. Also, by reading this you might not be caught with your guards down, and you are able to just take in the valuable info, and not get sucked into the sales funnel.
I would recommend you to stick to Robert Kiyosaki’s books and get inspiration from them, or at least be very careful if you go to the seminars. You might find the seminars entertaining and find it interesting to see how their show is built up, now you know what to be aware of.
I, however, want to make it clear that I cannot say you will not get anything out of going to the seminars or investing a lot of money in the training.
This review is based on my experiences, and I have found out that it is definitely not an approach or method I want to spend any time or money on, and I am sharing it to make you aware of what to look out for.
When you know, it might turn out it is the right way for you to go, but at least you will then do it because you choose to, and not because you feel you are being pushed.
Final verdict
As you can see, I have not had a good experience with the Rich Dad Education free seminars. I do not like the methods they are using, and I felt manipulated after having participated.
But let’s still finish this review by summing up the pros and cons of the seminar so you can get a better overview before deciding if you should go or not.
Pros:
- Free to participate
- There are a few valuable tips
Cons:
- It is all a BIG sales pitch
- They use hype to get you to spend money
- Not much valuable information (mostly just clever selling)
- There are many complaints about people losing money after going to further seminars
Overall, I think Robert Kiyosaki’s books can be very inspiring – I was, however, very disappointed to see how the free seminar was.
I was aware there would be some selling but this took it to a new level and they are master at creating hype and getting people to spend money without thinking, in my opinion.
So if you go, just know that there will be a lot of selling going on, and they can be very convincing. So if you know you cannot afford to invest in a paid seminar, it is probably better to leave your wallet and credit card at home:-)
If you are interested in becoming financially free, I would recommend you to instead consider building an online income. With the right training, it is something that can be achieved by anyone, and without investing thousands of dollars (you can actually get started for free).
If this sounds interesting to you, I recommend you to check out the business training platform Wealthy Affiliate, which is a platform I am a member of myself, and how I have learned to build an honest full-time income online.
If you have any comments, any questions, or have any experience with the Rich Dad Poor Dad workshops yourself, I would love to hear from you in a comment below.
I’ve had a similar experience with these seminars. Robert K.’s and others…disappointing waste of money. Sadly, Rich Dad Poor Dad is now just a brand…used to promote workshops and upsell.
I will say that the Rich Dad Poor Dad series of books are valuable and don’t cost you $500!!!
I don’t think I would ever be tempted to spend that kind of money to attend a seminar. And thanks to your review, I think a lot fewer people will be handing their money over any time soon.
Nice work!
Thanks for your comment. Sorry to hear you have had poor experiences with it as well.
I agree that the books can definitely be inspiring to read, but I think it is better to just stick to the books and stay away from the seminars.
All the best,
Mikael
Hi Mikael,
Thanks for this heads-up regarding the Rich Dad Free Seminar. I’m a huge fan of Robert Kiyosaki and have read Rich Dad Poor Dad more than once and found the book inspiring. I’ve seen the seminars promoted and have been waiting for one to be offered close by at a convenient time.
Having worked online for 2 years, I’ve become pretty good at spotting the less than legitimate programs out there. But you’re right. The addition of a well-known and respected name can make you let your guard down.
As an annual premium member of Wealthy Affiliate, I can vouch for their legitimacy based on personal experience and recommend the platform highly.
I appreciate you saving me from wasting my time on the Rich Dad Free Seminar!
Thanks for your comment Linda.
I know many are big fans of Kiyosaki and that is also why I want to make this warning so people know what his name is now being used for. I was caught with my guards down because of it, so hopefully I can help others to keep them up.
And thanks for sharing your experiences of Wealthy Affiliate as well. Glad to hear you also enjoy being a member.
All the best,
Mikael
Oops! This must have been so bad indeed!
Personally, I’ve never come across such seminars and I think these guys are good in manipulating people in the name of “Rich dad free workshop.” Of course they know if people hear of this they would easily trust them and attend in large numbers, but this is only a trick.
This review has taught me that “Rich Dad” is already a brand which other guys are soliciting (which is wrong). So in online business, I need to create my own brand, because this is what people buy at times. You attended the seminar following the “Rich dad” brand!
I am glad that you have given an option at the end of your post and as a member I know this is the best option for online business. Wealthy Affiliate is the best in everything!
Wishing you best of luck,
Paul.
Thanks for your comment Paul.
Glad to hear you are also happy with being a member of Wealthy Affiliate.
All the best,
Mikael
Another Scam exposed! Well done. I’ve heard of the book this guy wrote although I haven’t read it. I wonder if his trickery shows through in his writing?
The book was very popular so I’m assuming there was value in what he wrote. So… are these scammy seminars just an offshoot of becoming a popular writer?
An attempt to “cash in” on his popularity or did he write the book with the intention of bilking people after publishing it. I would be interested to know. Thanks for the heads up. I’ll avoid this one.
Joelm
Hi Joel,
Interesting questions you are asking. I cannot however not really answer all of them. But as far as I know Robert Kiyosaki is not really involved in these seminars. He never participates, but the company behind seems to have bought the right to use his name and some of his ideas.
Regarding his book, it has inspired millions of people, and I think many of his ideas are still interesting and relevant to read about. Somewhere it then turned into these events – how and why I cannot say, but all I can say is that I will for sure stay away from them in the future.
All the best,
Mikael
Halo there,
I have to say that I am really disappointed with this seminar. I thought it would be something interesting and more targeted at helping you grow.
But I see they take the opportunity to seek you stuff! And I know how convincing they can be. I have been tricked like that before.
I won’t consider it anymore. I will try out wealthy affiliate and see how great it is for me.
Hi Dave,
I was very disappointed myself after I had been to the seminar. That is also why I wanted to write this review, so people know what to expect.
All the best,
Mikael
Nice insights Mikael and you are spot on. I encourage you (if you have not already yet) and your followers to read Robert Cialdini’s book on influence to recognize these tactics that are all around you in real life encounters like this. It is a great read (with no upsells).
https://www.amazon.com/Influence-Psychology-Persuasion-Robert-Cialdini/dp/006124189X
Thanks for the tip Mike.
I actually started reading Cialdini after having been to the seminar to look deeper into these tactics and get a better understanding of what had taken place. He definitely explains well what is going on, and it can be a great help to understand to be able to protect yourself against these tactics.
Thanks,
Mikael
Thanks for this warning about the rich dad free seminar. I too am someone who likes Robert Kiyosaki, so I too would have probably gone to this.
It’s sad though because it seems thier just using his name to make money off of people without giving them anything good in return.
I’ll stick with books for now to get motivation and education based from Robert.
I agree that it is sad and a shame that something that has inspired so many people is now something to be careful about.
All the best,
Mikael