I would share that this an extreme position in some direction (not sure if right or left), but my position is certainly in the opposite extreme direction.

tip: always follow the money…..

I believe a lot of what Phill says is true, however, it is also riddled with opinion from a unique, shall we say, “doer” point of view. Phill is a “doer”, and that is a good thing. I dare say if you don’t have some level of this capacity to “put knowledge or willingness to fail” with both feet, both hands, your mouth, ears and all your physical capacity into “action”, you should keep a job (good or bad) cause you will never be successful in any business endeavor.

Having said that, I’m of the opposite extreme, I will put action into my endeavor, but I also will read lots of books, watch lots of video and listen to lots of audio, attend group meetings/trainings/seminars, discuss one-to-one over the phone or in person, etc…….long before I take action.

So, if you are of Phill’s nature, be darn sure you are holding the hand of someone who is experienced in the area that is walking ahead of you, otherwise you could walk off a cliff to your death.

So I may spend more time and money than really necessary to begin my journey walking ahead, the odds of me walking off a cliff or not very likely.

Either way, it will cost time and money. (remember the “tip”)…..Guru give away enought to entise you to buy something, they sale something in order to entise you to buy more of something else at a much a higher price……the bigger secrets are always on a carrot to get you to pay more for them at the next level event, etc.

So, first thing is just understanding the guru marketing process going in, so you can make a more less emotional decision on the amount of money you spend.

I have spent several thousand dollars, bought $15 dollar books, to $4000 seminar. I have never purchased any material that disappointed me, or that was not valuable. They were all incredably valuable and will all play a vital role in my future wealth. However, I do have to admit some are more valuable than others…..and it is usually judge less valuable to me only by the fact I have to wade through a larger amount of “known” info to get to the more interesting and exciting “not known before” info…..which is really a function of time involved in the business and volume of purchased material consumed. So as time goes by, I spend more for fewer “nuggets” of new valuable information, at which point, I have started buying fewer materials, or I at least try to buy more specialized material.

Personally, I’m really not the extreme of Phill really, because that would be the couch-potato that never puts any of that knowledge to action that was bought. I’m really in the middle. I do both everything that Phill suggested and everything I suggested, which I believe is wiser use of time and money, offers a wider array of information, so I can act on a larger number of opportunities, or even if I don’t act on them, I am aware of more and can identify them more quickly. So rather than learn from one Guru, one mentor, one style, one set of opinions, one way of approaching a problem, I have many guru, mentors, styles, opinions and approaches to consider, which is usually much better than a pigeon-holed method.

Lastly, I would say that Phill’s knowledge and expertise as a mentor with me has been invaluable and led to much greater relationship, partnership, friendship, as well as, opportunity and success. I would reccomend him to anyone for the same, and any cost (really an investment) to access it, would pale as a tiny fraction of the wealth it will create for one over time. However, because of my ongoing debate with him, I could not let him off the hook with that posting above……I would say the same thing about any book, guru, seminar, RENC, audio CD, DVD, etc that I have shelled out some cash for. They are all equally important and valuable and my opinion is that one should spend some time and money with all of them…..it is not a one or the other proposition —but because Phill thinks so, it sure makes our lunches more fun.

P.S. – and don’t be confused by our debate, if you are not going to take action somewhere along the way, for whatever your excuse, money, time, fear, no family support, etc…..please don’t even start in this business. Your job is appropriate for you…..so embrace it, feed your family and your unspent dollars to not learn real estate investing will be better served with your families needs. My prayer for you is that you choose to build a real dream — that absolutely will require you to TAKE ACTION. NO ACTION IS A PIPE-DREAM!!