Matthew Lesko is the most popular ‘grant and loan’
guru. Through his books you will learn a variety of secrets avenues
to leverage capital and create money out of thin air.
Just understand that you are not going to get a loan
or a grant overnight. I think the reason these books sell so well is
because they tend to ‘hype hope’. They give people options which
give them hope. But usually the steps needed to make the dream a
reality is too hard for most people.
When times are hard, everyone is looking for free
money where there isn’t any. They need some kind of option. This is
why zero-money down real estate seminars are so popular. This is why
people buy anything with the word ‘free’ in it. In my opinion,
Matthew Lesko’s books do provide a valuable service and you can read
about that in my Matthew Lesko article. This review is about the
government loan and grant scams that will suck away anywhere from
100 to 1000 dollars worth of your money.
The big scam in the government loans and grants
industry is the overpriced seminar and information sales and the
dishonesty up front about what you a being sold.
I had a client who spent 100 dollars to buy an
‘instant government grant’ kit. The sales copy was really good and
the promises were many. In the end he felt really scammed because he
had no clue how to use all of the information, and the instructions
were still too general. He miay have done better to have bought a set of
encyclopedia Britanica’s in order to find a decent loan. Well, guess what?
The company called him back and upsold him a 750 dollar seminar on
how to actually use the kit he bought from them! That is a back-end
sale and not a scam, but there is such a thing as generating totally misleading claims and
promises in order to offer a back-end product. In my personal
opinion it is better if a back-end product is stand-alone and not
dependent upon the first product your customer has purchased,
otherwise it can be 'gimmickie' and even scam material. I hate
I would say that too many people buy these government
loan and grant kits for the wrong reasons. They buy them when times
are tough, not when they are creating a strategy to build a
business. They should buy these kits when they have real cash-flow
and incorporate the methods of acquiring loans and grants during the
good times. These are invaluable skills!
If you are seeking a loan or a grant to start a small
business you have an excellent chance of getting one if you are a
minority or if you are a woman! Find a trusted advisor who
understands the federal government’s granting policies. Make them
your friend. Learn from them.
Don’t pay huge amounts of money to learn about this
subject. You can use the public library or purchase one of Matthew
Lesko’s smaller books for very little money. We have put a link
below. We only recommend Matthew' s material.
BSA gives government
loan and grant scams
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