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James Millar
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We had a discussion in our office today re why these gurus are so successful in the US. I won’t post some of the theories but lets just say the word “gullable” was used several times. I’m not really into Amercian bashing (have family there) but these occurrences happen to be based there.

Khalid you are probably right in saying that there is a spectrum between extreme dodgy spruikers (the problem ones) and genuinely experienced, genuinely skilled, talented trainers who really innovate. Unfortunately their excitability and passion still does the latter a disservice.

You’ve obviously experienced many of these courses so I’ll take you on your word that some are decent. That being said we preach absolute caution to any business (particularly startup) with every dollar they spend – often its our money in these businesses and we like to drive it as far as possible. I’ll be honest, if a business founder came to us with the excitability / mantra of a guru then it would be a major red flag right away. That’s our industry. There is no room for BS in early stage investing in Australia (it’s a very tight / conservative market here – different to the US).

Perhaps keep up the informative posts on the ones that you think are most practical and affordable for the average Australian SME.

Anyway at the very least you have succeeded in inspiring debate on a controversial topic. That’s what this forum is all about.

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