By using psychology to get you to spend money thinking success was on my way I was trapped in that 3 day clause they had for cancellation. Before i knew it was too late i made a grave mistake. after i went to another event where all they did was try to sell me more courses i knew this was a very bad investment. Closed my bank card after a few installment payments, now they have a collection agency after me for the balance... wow. DON'T EVER PAY FOR ANY COURSE. The motivation industry is a scam and they make money on the feeling that you want a better life for your self. Stay clear away.
Beware of the emotional and mental manipulation, high pressure sales tactics, and "promises" made if you attend a Millionaire Mind Intensive event. On the surface, the events are high energy and fun but many, many innocent people end up getting taken advantage of and fooled as the event unfolds. Most people attend the event looking for ways to improve their lives, grow their business, experience personal development, become successful and increase their knowledge and income. Many of those same people walk away from the event deeply in debt, only to find out later that they were deceived because the company didn't uphold their promises.
We attended a Millionaire Mind event a year ago. While there, we purchased the Real Estate course for over $2,000. They showed a video about what we would be getting if we purchased the course... specifically a special real estate software program. They made everything appear to be such a good deal. After attending the Real Estate course, we discovered we didn't have enough information to be successful in real estate (and we didn't get the software program as promised). Like most others in the class, we spent another $10,000-$20,000 to attend the next real estate course (Boots on the Ground) and to actually get the software program.
The only reason anyone could "afford" to do that was because they gave us a script to follow to call our credit card companies to ask for a credit line increase. They told us the reason we were to ask for a credit line increase was because credit was "good" and we could use it to build wealth (for instance, using it to remodel a house that we could turn around and sell). However, everyone ended up maxing out their credit cards just to purchase the next program so we could get "the rest of the information we needed to be successful."
We personally also signed up for a Mentoring phone program for $4,000 which ended up costing $400 for 20 minutes of an "experts" time once a week! It didn't help. Someone told me they were called by the company and offered the same course for $7,000. There is a lot of deception with the cost of programs that happen. We ended up getting a course and software for $10,000 and other people we met there paid $20,000.
There is a tremedous amount of upselling that happens during the Millionalire Mind event and the other courses they offer. It is one upsell after another. It seems ludicrous that people would be spend tens of thousands of dollars, but many of us did. The company makes promises that they don't uphold. They also give you a certificate that says if you make three real estate deals within a certain period of time, they will refund part of your money. Many of us were confident we could do that... which was the very reason we agreed to pay for the course. However, if you read the fine print on the back of the contract, you will realize that only 1% of the people actually get a refund! They don't tell you that... they just make you believe that it's easy to get your money refunded.
The real estate technique that they taught us wasn't one that could be used in today's market... especially in Colorado. At one point, the instructor even suggested that we use decietfulness when advertising on Craigslist. There is absolutely no room for profit when sellers are getting more than they are asking for for their houses... even people in preforeclosure. The technique teaches you to have your realtor make about 10 lowball offers a day to try to get a deal. Again, this would never work in an inflated market. Furthermore, it's a great way to ruin your relationship with your realtor and waste their time. If you happen to get a deal but can't find another investor to pass it on to within a short amount of time, you get stuck holding the bag... and having to pay an exorbitant amount of interest with Insider's Cash (the company they work with to give you a Proof of Funds lettter so that you can put offers on houses).
When they're promoting Insider's Cash, they don't tell you what a rip-off that company is or the extremely high interest rates they charge. From the stage, the speakers make it sound like a great deal. You learn as you go that things aren't as rosey as they made them out to be. They also promised to help us if we weren't able to secure any real estate deals. There have been no offers of help to anyone that I talked to who has not secured any deals. New Peaks/Peak Potentials/Real Estate Intensive and its affiliates makes promises they do not keep. Beware!
We purchased the Invested IQ course and were told a specific date and location of the event, so we booked our flights and made travel arrangements. As the event was approaching, we hadn't heard from them so we called the company. They informed us there wasn't going to be an event so we cancelled our flights. I emailed the company and asked when the next event would be. I didn't hear back from them. Months passed and we decided to ask for our money back (over $1,000). What a nightmare! The customer service was terrible, including the cancellation department and their lawyer. We reported them to the Better Business Bureau and the Utah Division of Consumer Protection, and they refused to provide a reply to either one of them! After involving our attorney and these other agencies, they finally refunded the money, but it was from a different department. They wouldn't admit to any wrongdoing, and the correct department refused to refund the money.
Every single person we’ve talked to a year after the event has been completely dissatisfied with the results from the investments they made. Husband and wife relationships are falling apart, peoples’ interest rates have gone up from 0% to 24% from their credit line increases, people can't make their credit card payments, a 60-year old woman is considering bankruptcy and is being forced to move in with her daughter… all because these innocent people believed what was being said from the stage at MMI. It breaks my heart to see the friends we made at MMI suffering as a result of being there.
I write this report to hopefully shed some light on the deceptive practices used by New Peaks/Peak Potentials/Millionaire Mind and its affiliates, and to help protect innocent consumers who simply want to improve their lives. Please take these words and the other reports written by other unsatisfied customers to heart.
I attended one of their Millionaire Mind courses. As expected, this was a platform for them to sell other courses. I did sign up for one, being careful to note what the cancellation policy was. I did end up cancelling, both promptly and correctly. I have now been waiting six months for my refund. I believe this is not an accident, as I have contacted them several times. I believe this is deliberate - perhaps some people just give up, and they count on this. In any case, this is not a reputable company, and I don't recommend you do business with them.
New Peaks Reviews
They try to get your money at all costs!
By using psychology to get you to spend money thinking success was on my way I was trapped in that 3 day clause they had for cancellation. Before i knew it was too late i made a grave mistake. after i went to another event where all they did was try to sell me more courses i knew this was a very bad investment. Closed my bank card after a few installment payments, now they have a collection agency after me for the balance... wow. DON'T EVER PAY FOR ANY COURSE. The motivation industry is a scam and they make money on the feeling that you want a better life for your self. Stay clear away.
Beware of the emotional and mental manipulation, high pressure sales tactics, and "promises" made if you attend a Millionaire Mind Intensive event. On the surface, the events are high energy and fun but many, many innocent people end up getting taken advantage of and fooled as the event unfolds. Most people attend the event looking for ways to improve their lives, grow their business, experience personal development, become successful and increase their knowledge and income. Many of those same people walk away from the event deeply in debt, only to find out later that they were deceived because the company didn't uphold their promises.
We attended a Millionaire Mind event a year ago. While there, we purchased the Real Estate course for over $2,000. They showed a video about what we would be getting if we purchased the course... specifically a special real estate software program. They made everything appear to be such a good deal. After attending the Real Estate course, we discovered we didn't have enough information to be successful in real estate (and we didn't get the software program as promised). Like most others in the class, we spent another $10,000-$20,000 to attend the next real estate course (Boots on the Ground) and to actually get the software program.
The only reason anyone could "afford" to do that was because they gave us a script to follow to call our credit card companies to ask for a credit line increase. They told us the reason we were to ask for a credit line increase was because credit was "good" and we could use it to build wealth (for instance, using it to remodel a house that we could turn around and sell). However, everyone ended up maxing out their credit cards just to purchase the next program so we could get "the rest of the information we needed to be successful."
We personally also signed up for a Mentoring phone program for $4,000 which ended up costing $400 for 20 minutes of an "experts" time once a week! It didn't help. Someone told me they were called by the company and offered the same course for $7,000. There is a lot of deception with the cost of programs that happen. We ended up getting a course and software for $10,000 and other people we met there paid $20,000.
There is a tremedous amount of upselling that happens during the Millionalire Mind event and the other courses they offer. It is one upsell after another. It seems ludicrous that people would be spend tens of thousands of dollars, but many of us did. The company makes promises that they don't uphold. They also give you a certificate that says if you make three real estate deals within a certain period of time, they will refund part of your money. Many of us were confident we could do that... which was the very reason we agreed to pay for the course. However, if you read the fine print on the back of the contract, you will realize that only 1% of the people actually get a refund! They don't tell you that... they just make you believe that it's easy to get your money refunded.
The real estate technique that they taught us wasn't one that could be used in today's market... especially in Colorado. At one point, the instructor even suggested that we use decietfulness when advertising on Craigslist. There is absolutely no room for profit when sellers are getting more than they are asking for for their houses... even people in preforeclosure. The technique teaches you to have your realtor make about 10 lowball offers a day to try to get a deal. Again, this would never work in an inflated market. Furthermore, it's a great way to ruin your relationship with your realtor and waste their time. If you happen to get a deal but can't find another investor to pass it on to within a short amount of time, you get stuck holding the bag... and having to pay an exorbitant amount of interest with Insider's Cash (the company they work with to give you a Proof of Funds lettter so that you can put offers on houses).
When they're promoting Insider's Cash, they don't tell you what a rip-off that company is or the extremely high interest rates they charge. From the stage, the speakers make it sound like a great deal. You learn as you go that things aren't as rosey as they made them out to be. They also promised to help us if we weren't able to secure any real estate deals. There have been no offers of help to anyone that I talked to who has not secured any deals. New Peaks/Peak Potentials/Real Estate Intensive and its affiliates makes promises they do not keep. Beware!
We purchased the Invested IQ course and were told a specific date and location of the event, so we booked our flights and made travel arrangements. As the event was approaching, we hadn't heard from them so we called the company. They informed us there wasn't going to be an event so we cancelled our flights. I emailed the company and asked when the next event would be. I didn't hear back from them. Months passed and we decided to ask for our money back (over $1,000). What a nightmare! The customer service was terrible, including the cancellation department and their lawyer. We reported them to the Better Business Bureau and the Utah Division of Consumer Protection, and they refused to provide a reply to either one of them! After involving our attorney and these other agencies, they finally refunded the money, but it was from a different department. They wouldn't admit to any wrongdoing, and the correct department refused to refund the money.
Every single person we’ve talked to a year after the event has been completely dissatisfied with the results from the investments they made. Husband and wife relationships are falling apart, peoples’ interest rates have gone up from 0% to 24% from their credit line increases, people can't make their credit card payments, a 60-year old woman is considering bankruptcy and is being forced to move in with her daughter… all because these innocent people believed what was being said from the stage at MMI. It breaks my heart to see the friends we made at MMI suffering as a result of being there.
I write this report to hopefully shed some light on the deceptive practices used by New Peaks/Peak Potentials/Millionaire Mind and its affiliates, and to help protect innocent consumers who simply want to improve their lives. Please take these words and the other reports written by other unsatisfied customers to heart.
I attended one of their Millionaire Mind courses. As expected, this was a platform for them to sell other courses. I did sign up for one, being careful to note what the cancellation policy was. I did end up cancelling, both promptly and correctly. I have now been waiting six months for my refund. I believe this is not an accident, as I have contacted them several times. I believe this is deliberate - perhaps some people just give up, and they count on this. In any case, this is not a reputable company, and I don't recommend you do business with them.