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| Bill Bartmann Success Support Systems Run FRom This So Called Investment Opportunity - Its a scam, The only one who profits is Bill BArtmann and hi |
| 20th of Nov, 2011 by User788674 |
Bill Bartmann provides a slick presentation but in my experience never answers the hard questions. I have asked his SSS coaches repeatedly for specific data on how many people have joined the program and how much money they have made - and have received nothing. From other online websites, it appears that is because a majority of people/students have lost money.
My experience is that The numbers for this investment don't work. During my Bartmann seminar in Fall 2011, I was strongly led to believe that banks will finance your business. Banks are NOT financing these types of businesses. There is a reason - it is risky and it doesn't work for the investors, only Bill and his coaching company. Bill's coaches want you to get private investors, they encourage you to get family and friends to invest. DISASTER. Don't ruin your relationships with a very risky investment! BAd advice. When push comes to shove, the SSS coaches are NOT looking out for your interests. Even after all the money i lost, I still have a BArtmann SSS coach contacting me trying to get me to double down and buy more portfolios! They have no shame. In my experience, they distort the reality of the business, avoid the tough questions, they mislead.
You have upfront costs of around $25,000-30,000 with seminars, attorney and cpa fees to set up your buisiness. And you pay $1600 a month to Bill's Success Support System for no value in my experience. THe coaching calls are all about you gettin more portfolios so bill can make more money, whether it makes sense for you or not. My coach was not a coach he was a sales person. Inmy case it would take several years before I made any money - unless I had large amounts of money to invest early. EVen then, you may lose alot. You have all the risk, Bill makes all the money.
IF you are starting small, which many people are, /(and Bill makes a big pitch about how much he cares and is helping people - baloney!, the only one who makes money is bill's collection agency and success support systems. You need at least $70,000 to start and break even in two years. THis allowsyou to make 3 purchases. And you may lose it all if you get a few bad portfolis.... meanwhile, bill's collection agency and success support system coaching are making money. You are not.
Bill said at the seminar in the fall of 2010 that it would be the last seminar. That there would be no room for more students/investors. Yet, now, he is still advertising and plans to hold more seminars. My understanding from other online reports is that is because past and current students are leaving in droves - my experience is that it is very difficult to make money and very easy to lose it. I have lost all of my investment.
Again, ask for data and numbers and if possible names of successful students Ask how many students have signed up, how many are still on board, how much money are they making? What percent are successful? How successful? IF you are lucky yoiu will get one or two names - but probably none. What about the hundreds that attended the seminars???
If you have already paid for a seminar, beware. They are effective sales people. Don't throw good money after bad... IF you are considering being a part of Bill's operation - find something else to invest in that has integrity. Run while you can.
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| did you purchase a portfolio? |
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