Webinar Junky
I would like to start this by saying, My name is Diana and I am a webinar junky.
I love listening to “free webinars”. Why? Well, you would be surprised by some of the information in the hour of your time. I have loved many of the webinars I have attended. I have spent many, many, many, hours of time for just a few golden nuggets of information.
Today I started writing about my adventures in the webinar world because I wanted to save you 2:30 minutes of your life! I attended the Digital Profit Engine. I was interested because Robert Kiyosaki put his name (and 20 minutes of his time: at 1hr 9 min) on the e-mail link.
Greg Arthur, who spoke about the product, loves to hear his voice. Two hours and thirty minutes of time an amazing amount of time to spend on a webinar, especially one where there is no viewer participation.
I was hooked by an e-mail, “The 7 Steps to Starting a Home Based Internet Business”. The idea was that you can start this for a little upfront cost and continue to make money over time, building up a business that will sustain you through the ups and downs of life. Today, it’s essential that we learn to take a step out of our comfort zone and think (act) on ideas of building a lifestyle that will support us, we all know that pensions and retirement funds will not be there when it’s our turn to retire.
So I excitedly logged in at Noon, thinking that the link I had used to add this to my google calendar must have been exaggerated, no webinar is really 3 hours long. Greg Arthur began the presentation at about 12:05, giving those of us who were late a few minutes to catch up. There was the customary introduction, a bit of what he would be covering and a slightly long synopsis of his life. He built a life, college (he did not finish 1 class so this allows him to say he has only completed High School), working while in school and then he got cancer. He quit school and worked two jobs to provide for his cancer treatments. After the treatments he was all clear and then got started building businesses. He owned three restaurants. After 9–11 his companies went bankrupt because his model was built around tourism, which dropped significantly.
Now we get to the meat of the presentation. The 7 steps to starting a home based business are:
- Niche
a. Digital friendly
b. Low competition
c. Good size of audience
d. Popularity in search engines
e. Long term potential
2. Information product: Creation
A. Interesting to you and others
B. Researching the topic
C. Organizing the information to sell to others
ii. Three Products: Written ($), Audio ($$) and Video ($$$)
3. Profit multiplier
A. Additional products to sell with your original product
ii. You write a book and sell the audio book companion and a video tutorial on how to do whatever it is you write about
4. Delivery
5. Messaging
6. Ignition: multiple products, one new per month
7. Grow
The program is said to take 90 days from start of creation to the beginnings of seeing profits. They provide you with 20 ideas, (and are adding one per month) or Niches, to get you started. Choose one that you find interesting and you can tailor it to your desire and start making money. I see a few problems with this idea. First, how many people will be allowed into the program. The open window to get into the program is small, less than 2 weeks. They did not say that there is a maximum amount of participants, though that was alluded to. So If I choose idea five and so do ten other people, now I have ten people in my class competing with me. Second, with only one additional niche being added per month, and the need to add products monthly, at some point I will need to break into niches that are not researched by the company. Hopefully by this time there will be an easy way to evaluate ideas so that I can actually work on something I love, not just what’s safe.
The program costs $2997.00. Greg tells us the amount it takes to start up a franchise. He recounts his costs during his failed businesses (which did not actually fail, he just did not get out of the business before the market turned). He regales us with a few testimonials; two of which he tells us “hate speaking or being on camera”. All of this takes an hour and fifty minutes.
The sales pitch continues. We get the step by step business blueprints, he has multi addons that he tells us are free, He adds on a few future workshops, some software that is not operational yet, and will even toss in “Founding Member” status. This allows you to become a lifetime member. You will be able to go to any future training for free. All you need to do is access DigitalProfitEngine.com/yes to sign up, Oh yes and have your credit card ready.
So what you get today, a step by step digital training on how to pick your idea, set up a continuing sales program, upsell those new products you are creating and continue to market to those people who already purchased. Everything else he is promising in the future.
One thing that bothered me most is, He kept mentioning comments that were “spilling” down his screen and he was “answering questions” asked by viewers. There was no dialog box on my screen, not on the link sent to me, not on the YouTube channel page I navigated to after I had technical issues on their page. There was no way for me to ask a question, so how was he reading them?
There were a few things that should have been edited out. He was begging us to purchase by the end, for the last 20 minutes. I really did not need the visual of a man who “Opens his e-mails in the morning while I’m in the bathroom”. Um, Thanks for that visual, glad to share!
By two hours and twenty minutes he has lost his way and begins to “show us the lessons”. He shares his screen and shows us a table of content that is the program we are purchasing. The end of the program was just “thanks for watching. I am sorry I didn’t get to everything but this program will continue later on. “ Wait … you took two hours and thirty minutes, told me you open e-mail on the john and you didn’t cover all the information? Is this a great product? Well it may be, in the future.
I am going to say, I did not purchase this product. So I can’t say if it’s a good one or not. I can say that most of the great ideas that he has, are still in production. If you really want information regarding the program, follow the link to Robert Kiyosaki’s page and download the free e-book “How to Build an Entrepreneur” . This is free from March 28th to April 1st, 2016. So don’t take too long. If you like the book, you should like the program.
Is it worth 3000.00 of your hard earned money? Maybe. I would only purchase this if I had the money to spend and had no idea how to start a business.