Making money by teaching others to make money

Originally Posted by andviv

this is what gives the word "Guru" the bad connotation it has...

and we don't like that over here, in case you haven't noticed.

I like MJ's phrase... did they get the Ferrari/Lambo/Black Card before or after starting teachers other? did the make their money in the area they are teaching, or make money by teaching certain area?

Originally Posted by Gymjunkie

Guys, what do you think about people who teach people how to make money while they actually make money from it and not from anything else. I know real life example in Yaro Starak, who teaches how to make money online and that is how he started making money himself.

Is it cheating or immoral or ok?

Cheers

Originally Posted by JayKim

Isnt that what JohnChow does? I don't think its immoral

Originally Posted by Jonleehacker

Just to set the record straight, Yaro had a degree in business and a successful business ( Editing and Proofreading ) before he started his blog and began teaching others to make money.

It's tough to last for very long as a poser.

Originally Posted by Gymjunkie

Degree in business is not a very awesome credibility in my book... practice is... Still, he might be bad example...

Originally Posted by Gymjunkie

There is a great quote.. "When one teaches, two learn"... This means you have to actually apply and practice what you preach not just... Let's say a guy has a blog about making money online and you find his blog, like the content. The fact that you FOUND him and give him your time means he is doing something right.

Whatcha thoughts on that?

Originally Posted by michael

Gymjunie this isn't a personal attack I'm just telling it how I see it with regards to 'gurus'.



He has a degree in business (which you deem not very credible) and as Jonleehacker pointed out a successful business.

You have neither so any lessons you could possible offer would be based upon what has been told to you by others on this forum and the web.

Without you having tested these lesson on your own business or having practised this lesson before you even read it online your credibility would be zero and the value people get from your guru site would be much less than if they were to navigate over to CNN Small Business, INC, Fortune, Millionaire Blueprints or forums like this where profiles of and guest articles from actual millionaires can be had first hand.

As for the moral question portraying yourself as something you're not is deceitful and completely immoral because quite simply you would be lying



You would still be wrongfully portraying yourself as a successful businessman which as I said is deceitful.

If you were to be honest and somehow suggest that you have no business experience but just enjoy teaching you would have a hard time maintaining the readership from business people who are actually out there doing something and you would be quickly and smacked with a 'guru' label and probably get a write up on John T Reed's website alongside Rich Dad.

Originally Posted by Gymjunkie

Exactly. He does.

And some people hate him for doing that...

Originally Posted by Jonleehacker

John Chow also had/has a very successful online ecom store long before he started in the "make money online" niche.

Before running all over the place calling people immoral, you may want to do just a TINY bit of fact checking.

Originally Posted by Gymjunkie

And having ecom site is a bit different than teaching how to make money online from IM...