avatarDaniel St. Joseph

Summary

The website content warns against the proliferation of fraudulent "Business Gurus" on YouTube who promise quick wealth through overpriced online courses with little value or support.

Abstract

The article "The Rise of Fake Youtube Gurus and the Trap People Fall Into" addresses the growing trend of self-proclaimed "Business Gurus" on platforms like YouTube. These individuals lure people with the dream of getting rich quickly and escaping the drudgery of their 9-to-5 jobs. The courses they sell are often advertised with lavish lifestyles but deliver poor content, overpromising financial success with minimal effort. The gurus employ manipulative tactics, such as sharing personal hardship stories, displaying wealth, and appealing to the viewer's desire for a better life. In reality, these gurus profit primarily from selling courses rather than from successful business ventures. The article advises caution, emphasizing that most courses are not worth the high price and that valuable knowledge can be found through more affordable means. It suggests that a good course should offer live support and that potential buyers should thoroughly research the credibility of these gurus before making a purchase.

Opinions

  • The article opines that the majority of online business courses offered by YouTube gurus are of low quality and fail to deliver on their grand promises.
  • It is believed that these so-called gurus are not genuinely successful in business but have found wealth in selling the illusion of success through their courses.
  • The content of the courses is considered basic and readily available through other sources such as books or free online resources.
  • The article suggests that the lack of support and interaction from the course creators is a significant issue, particularly for high-priced courses.
  • It is emphasized that the promise of easy money without hard work is deceptive, especially in high-risk areas like the stock market and Forex trading.
  • The author advises that a clear career goal and strategies, combined with self-acquired knowledge, are more valuable than expensive courses from these YouTube personalities.
  • The article's author recommends that potential buyers should be wary of the "fake it until you make it" philosophy that some gurus embody, as it can lead to significant financial loss.

The Rise of Fake Youtube Gurus and the Trap People Fall Into

Getting rich in a short time and putting little effort into work is the biggest deception

Photo by Hannah Nicollet on Unsplash

We all want to have lots of money, get a fancy sports car, and live in a wealthy neighborhood. However, most of us do not come from a rich family or have a job with a decent salary. We get stuck in the job we hate, suffering from a 9–5 endless rat race. This creates the opportunity for some amateurs to become “Business Gurus”.

The number of Youtube Gurus are growing like crazy, but most of them are fraudulent and low quality.

During the past few years, the rapid development of technology enables people to learn anything from home on computers. This method has been favored by many people due to time-saving travel and affordable price. With just a click, people can access to many online business courses with a hope to get rich soon. In some platforms, mostly Youtube, there are myriad ads of business Gurus showing their fancy houses, sports cars, free financial burden lives. The number of Youtube Gurus are growing like crazy, but most of them are fraudulent and low quality.

There are some features in common of these fake Gurus. They tried to get you to attend their webinars, in the end, they deliver a sale pitch persuading you to buy their online courses or books.

The courses are overpriced for what we get in return

They over-promise that you will make a million-dollar after one year or so and free from work. The content of the courses is poor, the information is so basic that we can get from books or the internet. Also, there is little or no support if you need them to answer your questions. The advertisement you watched guaranteed that the quality of the courses deserves your money. Worse, as you request a refund, they will reply to you after 30 days which is when you are not eligible for a refund.

To get people to buy their courses through sales funnel, they created very effective tactics to manipulate people.

First, they tell the stories of their lives and how they struggled to become financially successful, how they completely failed to make money online for years, until some sudden, enlightening moment arrives. People believe that these Gurus started their business from scratch with a little amount of money after deciding to quit their jobs to become their own boss.

Secondly, as you can see in the ads on Youtube, they show how wealthy they are: a big mansion with a swimming pool, wine cellar, home cinema, a big garage full of fancy sports cars and trips around the world.

Finally, the most important factor, they touch your feeling, your miserable soul. They know that most people get bored and hate their jobs, they appear as God with a book or course that can guide you to become a millionaire in a short period of time.

Photo by Dhiva Krishna on Unsplash

They get rich by selling their online courses.

By using these strategies, they deliver a webinar and give free ebooks to convince people to purchase their expensive online courses. People do not know that these Gurus are not actually successful in business, they get rich by selling their online courses.

“The more you learn, the more you earn” — Warren Buffett

My friend used to work in a rental car company and he said that sometimes “internet business gurus” will come and borrow the most expensive cars in stock so they can pretend they bought it. He found out because one of them got exposed and went viral for doing so. They live with the motto “fake it until you make it”

My advice to you

Online courses ranging from $25 to $2000 but roughly 90% of them definitely are not worth it. The bad part is people got scammed and lost thousands of dollars. To be honest, the best course I’ve ever bought was $200, so the more expensive ones certainly are not actually better.

I would also like to add that if you buy an expensive course more than $500, the course creator should offer weekly live streams to answer your questions. Like a doctor, they should be able to listen to you and diagnose what your problem is and then help you. If they do not offer weekly live streams I would say this is a huge red flag because this is what makes a high ticket course worth it.

A good course is fairly priced and delivers more value than the money you paid, you will also receive great support from the “Guru” to guide you to success. Therefore, before buying any course, you need to do careful research about that Guru, look at the offer to see whether it is realistic or not. Beware of the promise of getting rich soon especially in the stock market and Forex. There is no easy money without hard work.

Photo by Razvan Chisu on Unsplash

Instead of depending on these courses, you should have a clear career goal with strategies, most information and knowledge can be obtained from books or the internet. Remember no pain, no gain.

“You get what you work for , not what you wish for”

Entrepreneurship
Business
Fake News
Scam
Online Marketing
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