“Never Work Again” Seminar – Days 3 & 4 Review and Conclusion
This is the final part of my review for T. Harv Eker’s “Never Work Again” four-day seminar. Be sure to read parts one and two before reading this post.
As I mentioned in Day 2 update, I was running my own workshop on 7 Habits of Straight A Students on NWA Day 3, so I didn’t attend NWA morning and afternoon sessions. After my workshop, I planned to attend the remainder of NWA for Day 3, only to see Tatt’s sms that O and him have left the seminar as it was the same formula used in Day 1 / Day 2. Every new speaker was there to talk about his method of earning passive income, followed by sales pitch for his program/course to learn the skill. The topics were also not relevant. Hence, I went back home as well to take a rest.
Separately, my workshop went well – I was training school students on the habits to get top results, and some parents even came to accompany their kids!! Talk about real dedication! Check out the pictures: 7 Habits of Straight A Students Workshop Pictures. I’ll be continuing part two next Sat on Plan Your Way To A-Stars. Most of the same participants will be back and with new attendees too, so I’m looking forward
Here’s a run-down of the agenda for Days 3 and 4. Again due to intellectual property reasons, I’ve listed down the subject of the segments but not the actual topic titles.
Day 3 Agenda
- Successful Investing*
- iPhone/iPad Mobile Applications*
- Payday lending*
- Better Trades System*
- Speaker Panels Discussion - Q&A session between all the speakers and the audience members.
Day 4 Agenda
- Lifestyle Trading*
- Membership Sites
- Pre-Development Land Investing. Tatt, O and me left NWA mid-way through this segment.
- T. Harv Eker NWA Concluding Video
* These are the sales pitch sessions. They follow this general formula: (1) A 10-minute introduction on why this particular method creates passive income (2) 15-minute brief sharing on how they do it, followed by (3) 15-minute sales pitch for their course/program to learn this skill so you can create passive income for yourself.
After four days, I give NWA an overall rating of 1/10. And here’s why:
1) Did not meet the workshop objectives
If we look back to the list of deliverables promised in the workshop description, pretty much none of them are met. Let’s review the description in its Promotional Brochure (text in blue are my comments):
- A) Proven strategies and investment techniques to develop and increase passive income. Not really. We are made aware of the methods people use to earn passive income and the basic steps they do so, but we do not learn the actual full set of strategies or techniques on how we can achieve the same outcome for ourselves within NWA. We have to sign up for additional courses/programs in order to learn that (cost between SGD $1,000 to $5,000, usually on the higher side).
- B) Practical earning strategies that guarantee you more time and money. No. See A).
- C) How to create businesses that work for you, rather than control you. Absolutely not. See A).
- D) Which businesses are the real cash cows. Not that I know of.
- E) How to earn $20,000 to $100,000 in passive income each and every month for the rest of your life. Definitely not. The segment which had this topic was about Membership Sites (refer to Day 4 agenda) and as I mentioned under Day 4′s agenda, it was just an introductory 101 module on what membership sites are.
- F) A wide variety of high return, low-risk investments normally available only for sophisticated investors. Not that I’m aware of.
- G) How to gather investment contacts and find rare opportunities. No!
- H) And much more!
- I) Plus you’ll leave with your own personal plan. Absolutely not. I did not leave with any personal plan whatsoever. Maybe it was covered as the last segment of Day 4 (which I skipped), but I highly doubt so seeing how Days 1 to 3 panned out.
#2) Misrepresentation of what was offered
There were to levels of misrepresentation in NWA.
a) At the fundamental level, NWA gave the impression that it was going to teach actual passive income strategies we could immediately apply in our lives/work/businesses. According to Tatt, that was how they pitched the NWA during MMI, and that was why he signed up. Based on reading the workshop brochure myself, I got the same impression as well, especially from points #A-#C. However, it turned out to be a pitch fest with barely any real content.
As I mentioned in Day 2 Review, NWA can be useful to people who (A) are open to different methods and tactics to achieve financial freedom, (B) are willing to put in real hard work and effort to create their passive income streams via the specific methods/tactics introduced speaker, and (C) are willing to spend more money to sign up for the respective programs (and bear in mind that it’s a grey area as to whether these programs will deliver on what’s promised, or will simply be fluff or worse still, further upsell you to more programs without giving any significant value).
However if you already know what you want to do and you want to learn how to create passive income streams around what you are doing, you will get pretty much nothing from NWA.
b) Overhype on the results one can achieve. I have no doubt the speakers are credible, legit and have achieved the successes for themselves. (At least, I’d like to believe that, because I personally haven’t heard of any of them except T. Harv Eker.)
However, the general impression driven throughout NWA was that you can just sign up for the course (Google Adsense, Forex, Trading, Tax Liens, Mobile Apps, etc), spend a few weeks learning the skill, and in no time you will be earning large amounts of passive income. In my Day 2 Review, I wrote in detail on how passive income does not come overnight — heck, I run a passive income course myself and I take great care that none of my participants ever walk away with such a thought. True passive income requires hard work, proper strategies, proper planning, and deliberate action taking.
Speaking of which, I saw some middle-aged aunties seemingly putting down their hard-earned savings for the Google Adsense course, and honestly I felt a little worried as I’m not sure if they knew what they signed up for. Why? Because they didn’t seem literate at all, much less tech savvy. The salesperson at their booth also did nothing to give them an objective assessment of what to expect. Rather, he kept telling them that they would learn everything to generate passive-income online in their program, right from Step A to Step Z. The aunties, seemingly not knowing better, then paid the money, signed on the invoices, and then walked away with a slightly clueless look on their faces.
#3) Barely any content
Out of the entire four days, the only real content segments were:
- A) How To Write A Best Seller’s Book by Eker (Day 1)
- B) Literary Agent and Book Publishing (Day 1)
- C) Licensing (Day 1)
- D) Successful Investing (end of Day 2, start of Day 3)
- E) Membership Sites (Day 4)
By content, I’m referring to the segments with real value, sharing actionable insights/lessons and not masqueraded as sales pitches. Out of the five segments above, only (A) and (D) had concrete value. Eker’s segment on how to write the best seller’s book is the reason why I gave NWA a redeeming score of 1 over 10, else it would have been 0/10. Information covered in (B) and (E) can be easily found by doing a little self-research and reading one to two books on the subject. I can’t comment for (C) as I skipped the session.
With a seminar outline as detailed in #1, I would think they should share passive income principles for us to apply right away to our lives. But it was really just specific tactics covered and even then we didn’t get to learn anything about them that we could action upon (without signing up for more programs).
#4) Poor planning
As I mentioned in Day 1 Review, there could be an overall framework that maps out the entire four-day seminar. But there was none of this. It came across as a random mish-mesh of different people/companies with passive income tactics to share with us.
There was also no agenda at all. None of us knew who the speaker was until he came on. Even when we asked the crew, they had to check, and at times gave the wrong information. Being a multi-speaker seminar hardly serves as a reason for no agenda. Hay House’s I Can Do It! Conference is a multi-speaker event and has its speakers and agenda planned out all till its 2011 events, and it costs nowhere as much as NWA.
#5) Dragged out agenda
There was a lot of energizer sessions (i.e. sessions where we are asked to get excited, dance around, shout, meditate, read declarations, and so on and so forth). There was one every morning (one hour) and then after every break (about six breaks in total each day) for about 15 minutes. These are fine for the belief breaking seminars where the audience need to be in the right state to make the maximum change, but since this was more like a pitch fest, it was quite a waste of time. Removing all these fluff, we could easily have had a two-day, if not one-day, seminar.
It was a disappointing seminar. I had quite a number of takeaways, but not on passive income generation – they were mainly on training, about what I should / should not do for my future workshops and seminars to ensure my participants get the most out of them. I also learned about how to write a best selling book from Eker’s Day 1 session. I had a series of reflections, which came more from being in mass seminar than specific to NWA.
Passive income IS possible – just that if you want to learn real, actionable strategies on how to create passive income in your life/work/business, you are not going to get that in NWA.
As reader Francis commented, “I find that mostly they (seminars) are either fluff or are just chock full of a marketing materials with the aim to upsell you to the next more expensive tier of courses/product.” A seminar like NWA is precisely the reason why many have such impression of self-help seminars.
Certainly, not all seminars are like this. I’ve heard excellent things about Tony Robbin’s Unleash the Power Within, Date With Destiny and Eker’s Millionaire Mindset Intensive (MMI). For the record, NWA has left me with a bad taste, but at the very least I understand that MMI is not like that so at least that’s a redeeming factor for them (as in the company). Or, one can argue that MMI is more content- and value-driven since it’s meant as the low-to-no-cost introductory course to build goodwill and convince the participants to sign up for the costly “advanced” courses. Whichever way you choose to see it.
Would You Like Me To Continue With Such Reviews?
The point of this review isn’t for you to conclude that all such seminars are useless/scams, but to inform you about how it like and what to expect. (For what it is worth, I’m in the self-help industry too and I personally design and conduct many personal development courses, all of which have received winning testimonials from my participants.) There are genuinely good, high-value, and transformational courses out there, and then there are the scammy, sales-driven courses which are out to get as much of your money as possible without delivering the value that commensurate with what you have invested. It’s about being discerning and making sure that you invest yourself in the former and stay away from the latter.
I hope you’ve found this review helpful. This is the first time I’m doing a seminar review on PE, so if you would like me to continue reviewing other seminars I attend, please let me know in the comments area.
Tags: never work again, passive income, reviews, T. Harv Eker