Friday, March 11, 2016
Trump's MLM Partner Robert Kiyosaki
In today's New York Times, Michael Barbaro and Steve Eder have an eye-opening report on the questionable methods Trump University instructors used to receive the 98 percent level of satisfaction that The Donald crows about in his new website.
The article mentions that the plaintiffs in the case might be using author and businessman John T. Reed as an expert witness. Reed thoroughly and devastatingly debunked the career and claims of Trump's former co-author Robert Kiyosaki of Rich Dad Poor Dad fame (Trump and Kiyosaki co-wrote the bestselling book Why We Want You to be Rich: Two Men One Message). Trump and Kiyosaki recommend multi-level marketing--in fact, Kiyosaki first achieved success by marketing his Rich Dad Poor Dad book to top Amway distributors. Reed's website reviews self-proclaimed real estate gurus (remember the late 20th century late night infomercials by Tom Vu, Carleton Sheets, and Dave Del Dotto?). Reed takes apart Kiyosaki's claims brilliantly here and here.