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#1
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![]() Hi,
Seriously, why do people pay big money for information? Why is the information worth the cost of the tuition? * ROI...? * Hopes and dreams are a drug just like crack rock...? * What I call "big money" is to them, nothing...? Thanks in advance for any replies, - Boyd |
#2
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![]() It's worth paying $6,000 if you think you'll make more than $6,000 in profits as a result. But if you don't think that's likely, then it's probably not a good investment. Whether it's a good investment or not could be different for different people.
Keep in mind that the benefits won't necessarily just be from what you learn. You may also benefit from the contacts you make - they could possibly lead to new joint-venture opportunities (for example). Here's a different example. I'm strongly considering subscribing to a particular weekly stock market investment newsletter here in Australia. It costs $799 per year to subscribe. However, I'm pretty sure that - if the investment advice is sound - I'll make much more than $799 in return as a result. If that's the case, then it's a good investment. If I don't make that much as a result of the new information, then it didn't pay off. Some books you buy can pay off handsomely. About seven years ago I paid around $25 for a copy of "The Warren Buffett Way". I've made thousands of dollars from studying and applying what's in that book. - Dien Rice This Could Pay Off For You Too... If You Apply What It Teaches |
#3
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![]() Boyd,
If you're talking about Gary Halbert and stars like him, there is a big "experience" factor - that is, people expect to be uniquely entertained as well as informed. Also, there is an "inspiration" factor. If someone gets just one new idea that helps them accomplish a certain goal (which may or may not make them $6,000 back), they may be very happy having spent that much on the seminar. Not everyone pays expecting to get their money back. You can tell this from comments people make at the end of a seminar when they have not had a chance to apply anything at all yet. Marcia Yudkin My seminars are only $695... and worth it |
#4
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