Name: The Rise of Fake Gurus: The DarkTruth Behind Getting Rich Quickly
Uploaded: 2021-08-30T18:10:24.000Z
Duration: 9 min 49 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

To-infinitive

In 2015, as I was scrolling through youtube to  find out what to watch while I was having a snuck,  

Past simple

I came across this - here in my garage - as  usual, I immediately clicked on that skip  

the add button as soon as 5 seconds passed.  I didn't care, and I didn't pay attention. 

But then, when I clicked on a second video, then  a third video, I kept getting the same ad over  

and over. At some point, I was curious, who is  this, Tai Lopez. Who is this guy who is more  

proud of his books than his luxurious cars? Well, it turns out that he was once upon a  

time a young dude with 47 dollars in his  bank account. But unlike the rest of us,  

he found a way to go from 47 dollars in his bank  account to doing big things like buying a Lambo! 

Impressive! right? And then he goes in this almost  

1 and half hour webinar explaining the 5  levels of wealth that he wished someone  

would have taught him in school. He claimed that  he is going to show you, poor desperate guys,  

who are living paycheque to paycheque and  are barely paying the bills 3 ways to move  

higher and higher in that pyramid of wealth. In that 1.5 hour webinar, he basically talks about  

very, very general things such as find your  purpose, build connections with influential  

friends, stop procrastinating, but  if you want real practical steps,  

then you should sign up for his paid course where  he will teach you to build wealth in 67 steps. 

On the top, it shows the thousands of people  who already signed up for this course. 6 million  

people watched his ted talk, so he must  be legit. He even appeared at CNBC, London  

Business school. Look at how many followers he  has on social media. This guy can not be a scam. 

Then he goes and sticks the pictures of all those  famous successful people as if they followed  

these 67 steps to get successful. In fact, he even  says that - These Steps came from the teachings  

of powerful and famous people like Bill Gates,  Charli e Munger, Peter Drucker and Gandhi. 

He made it sound as if he already traveled to  51 countries when he was just 16 years old, read  

thousands of books and was mentored by super-rich  people who were almost billionaires. Just imagine  

what he can teach you, he often charges up  to a million dollars to be consulted, but you  

can access his knowledge for just 67 dollars. But what I like the most is the testimonials  

from dozens of people whose lives  have changed after taking his course.  

They began to make more money, they finally  escaped their paycheque to paycheque lifestyle,  

and they didn't have to put much effort. It was probably one of the most successful  

get-rich schemes in the history of social  media. But Tai Lopez didn't stop there!  

Why would you stop when you have figured  a way to make millions of dollars  

using social media. So, he launched a second one,  then a third, and so on until he was - exposed. 

But we are not here to expose anyone.  There is already a detector in town,  

so I will leave that for Coffezilla. What we are going to do instead is  

learn how to set up a Ponzi scheme. It's not  as difficult as you might think. In fact,  

quite often, it's really difficult to Distinguish  a Ponzi scheme from a proper legit business! So if  

you are ready, give this video thumbs, and let's  go on a journey on how to run a Ponzi Scheme. 

But before we do that, you have  to master the fundamentals first. 

Let's say I have managed to save 1k dollars.  That sounds realistic to most people,  

especially if you are in a country like the US.  But that's the easy part. The difficult part is to  

convince 5 people to invest in my business where  I can turn their 100 dollars into 200 dollars.  

Most people are going to reject you because you  have no real business, but you can tell them that  

you trade crypto. That's why you don't have to  rent a place and still live with your parents.  

Let's pretend that after a few weeks of hard  work, you could convince at least 5 people to give  

100 dollars each. Don't use that money to trade  crypto, don't use it to buy the latest iPhone.  

Just keep it under your mattress. At the end of the month,  

give each of them back 200 dollars. Yes, you  lost 500 dollars, but now you can claim that  

you have doubled 5 people's money in just  under a month with no hard work at all.  

And these people will vouch for you! Use their  stories to prove to others that your methods  

work. Finding more people to invest in your  idea/ business/ skills is going to be easier.  

Take another 100 dollars from another ten people.  And follow the exact same steps. But this time,  

at the end of the month, give  200 bucks only to 5 of them. 

The other half who didn't get their money back  will be angry at you but tell them that soon  

they will get double the amount they invested. Now, you have more people (10) who will vouch  

for you. Use their stories to attract more  people. Pay the people you didn't last time  

and repeat the exact same steps. In fact, when  you give them double the amount they invested,  

tell them that they can either splash  that money or they can invest it back.  

If you want to make more money, they can invest  a larger amount, like a thousand dollars or more!  

It's safe, secure! And if you want to make it  sound modern, add the world decentralized into it!

Keep repeating this cycle until  your pyramid grows so much that  

you can finally start using  part of the money on yourself.

If you want to sell a course, it gets easier. Tell  everyone how quitting your 9-5 job and starting  

this crypto trading was the best thing that  ever happened to you. You can even use stories  

from real people, but if you don't have any real  stories because you skipped the fundamentals of  

the Ponzi scheme, just create fake stories,  use fake pictures. No one is going to know. 

Once you make enough money selling courses.  Go and take a few pictures on a private jet,  

go for a vacation, take more fancy pictures  and create another course that says  

how you became a millionaire selling courses  online and how anyone can do that as well. 

Sell more courses, Make more money! And Repeat! But here is the question - Won't people  

call you out when they buy your  course and fail to become rich? 

I guess, you weren't paying attention.  Throughout the course, keep reminding  

them that the absolute majority will fail. Only  those who will work hard enough will succeed. 

And if you blame others for your failure, then  you will never be successful because successful  

people take responsibility for their lives.  So when they fail, they will blame themselves.  

Look at these people who gave you their  money, they have doubled their investments,  

so if you couldn't do it, there  is something wrong with you. 

In fact, tell them that you have a  special course for these types of people.  

An advanced course! It usually costs 3K  dollars, but if they swipe their credit cards  

and buy it today, it will only cost them $999. But how do you convince people that you are legit? 

Rent a few luxurious cars, make some great insta  pictures, feed the poor, travel to Africa and  

take a few pictures with poor kids and tell  everyone that you are building schools there!

Wait a second! Did you make this video  just to lour me into your Ponzi scheme? 

Come on, for god's sake, do you  think I have nothing else to do.  

Why would I waste my time on you when I can use  my secret crypto formula to make more money. 

In fact, I already have more money than I need. I  would rather spend this time helping the kids in  

Africa. The only reason I am doing this is because  I care about you! I want you to be as successful. 

I really want to give this course to everyone  for free but to make sure that only serious  

people are involved, so I don't waste my time  on lazy people. I do charge $99 dollars. Call  

it an investment in yourself. Swipe up or  sign up using the link in the description. 

Except there is no link, and  I am not selling you anything. 

I just wanted to show you how Ponzi schemes  work! Don't you ever use this strategy! 

The problem is that, whether you are selling  a legit course that teaches real skills  

or a fake one, you wi ll have to  follow the same strategy to sell it. 

But some people have taken this method to a whole  different level, like Bernie Madoff. He executed  

the largest Ponzi scheme in history, defrauding  thousands of investors out of tens of billions  

of dollars over the course of at least 17 years. I  think he can be called the king of Ponzi schemes. 

If you still want to sign up for something but  don't want to be a victim of Ponzi schemes,  

here is an affiliate link to Webull. You will get  2 free stocks once you sign up and deposit 100  

bucks, don't worry, its a legit broker. We will get a small commission  

if you use our link, which will  help us to make more similar videos. 

Subtitles ListPlay Video

The Rise of Fake Gurus: The DarkTruth Behind Getting Rich Quickly

strategy

deserve

barely

convince