If you still insist on signing up to a ‘Get Rich Quick Scheme…….
In this instance what we are referring to as a ‘Get Rich Quick Scheme’ is any program that suggests you could make a fortune with very little effort and work and without providing you with any of the vital information that you need or highlighting the risks involved.
There are currently hundreds of these programs and courses available all promising you a millionaire lifestyle and an end to all your financial worries. There is also an ever-growing number of Muslim brothers and sisters offering such courses all under the guise of helping fellow Muslims become successful entrepreneurs.
The only problem is that most of these course providers are only interested in lining their own pockets with little regard for any loss incurred by the student and with even less regard for the fact they are using Islam as a tool to extract money from those desperate enough to try anything to get them out of their financial hardship.
The good news is though, that there is also a growing number of the Muslim community questioning these course providers and warning others of the risks involved. We have covered some of the questionable offerings provided by the Muslim Entrepreneur Network (MEN), Haroon Qureshi, Harun Rashid and Com Mirza to name a few but we don’t want to focus just on this one group of people.
If you do have concerns about this particular group there are some other brothers who have had dealings with them and they may offer more insight into the courses offered by MEN. You can check their website here: MuslimReviews.org
As much as there is growing awareness of the real intention behind these courses and the questionable backgrounds of those providing them it still frustrates us to see so many brothers and sisters falling prey to these sales tactics and investing their savings to sign up. Some even resort to borrowing the money to join thinking they will soon become millionaires and repay this extra debt. Alas, this is unlikely to happen.
Don’t get us wrong, these course providers are very clever people. They didn’t just stumble upon these courses by accident and get lucky by having the right students joining up. No, they have been specifically trained to sell these courses and to say the exact right things that their audience needs to hear. They have learnt to target the a needy audience who wants to make money fast and to play with their emotions of guilt and greed.
These guys have spent good money to learn how to then extract money from others by getting them to believe every word they say. Combine this with religious references and they do indeed have a formula that will entice many vulnerable Muslims into their clutches. The problem is once you are in you either keep spending or cut your losses and leave.
As we said it is frustrating but many still sign up to these courses. Hence the title of this post.
If you still insist on signing up to a ‘Get Rich Quick Scheme and have taken no notice of any warnings or reviews, then at least do it as sensibly as possible.
Most of these courses are not cheap, costing a few thousand at least, so why not share the cost as a group. If there are five or ten of you sharing the cost at least any loss is spread out so not as painful. And, if it turns out the course is actually a success then great, take it in turns to help each of the group out so you all succeed.
We would never ever say to anyone “it serves you right for not listening” if you end up losing money because we know what it is like to be in that position where you are so desperate to change your circumstances that you are prepared to grab anything that appears to be a lifeline.
Just try and take a step back, a few deep breaths and go over everything again and again until you have eliminated all concerns. Weigh up the costs of joining, the ongoing spend and whether you could afford to lose all your investment if it didn’t work out.
Above all if there is even the slightest bit of doubt in your mind, listen to it, it’s usually right!