Recently, I read the article "Why Successful People Don’t Teach Success: Gurus, income experts, and business coaches preach personal success systems" by Jim Clair. Unfortunately, some of these personal success systems don't actually help you achieve that success... they mostly just take your money and leave you empty-handed.
Key topics:
✔️ Con artists use a formula. We can see this in many cases of snake oil salesmen and pyramid schemes.
✔️ Some of these gurus rocket to the top with a gimmick and then find themselves bankrupt almost as fast. If their system truly worked, why would that happen?
✔️ Can you really work a four hour work week and make a living wage? Does anyone still believe that anymore?
✔️ In his article "Tim Ferriss's Scam Framework and the Rise of Fake Gurus," Pete Williams calls out the model of fake expertise that he believes Ferriss advocates for in his book. He also calls out the model of starting a business to not run it - essentially just starting a "hollow enterprise."
Links I mention in this episode:
https://medium.com/the-bad-influence/tim-ferrisss-scam-framework-and-the-rise-of-fake-gurus-40d96283f02c
https://jimclair.com/billcomplete1-why-successful-people-dont-teach-success/
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