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Loral Langemeier is the founder of Live Out Loud, which is another personal development and counseling/mentoring company. Many of you will probably recognize her as the Money Transformation Expert on The Dr. Phil Show. However, Loral Langemeier is a highly acclaimed success coach and financial genius and she even claims to have helped over 600 people become millionaires.
Live Out Loud’s primary focus is real estate. Like many other real estate gurus, Loral Langemeier doesn’t go into detail about how to make your real estate business work. He steers more towards philosophy, attitude and buying more of his products so you can really become an expert, does that sound familiar? I have said this many times and I will say it again. When it comes to real estate, there is no quick get-rich formula. Real estate is hard work and has a steep learning curve.
Here is an email sent to me by a concerned reader. It might give you a new perspective 🙂
You should know that I have gone through the Lorals programs with the maximum commitment and at the highest possible level. I spent over $130,000.00 on Live Out Loud programs in 2 years. Loral’s husband, Karl Logrecco, personally recruited me into the “Head of the Table” program (which no longer exists) and I personally worked with Loral, Bob Proctor and Mark Meyerdirk, his partners.
Karl Logrecco recruited me with false promises about making sure a new business he had (Lorals ATMs) was funded through Live Out Loud. Loral always promises a lot and delivers little or nothing. Several times he went back on his word and his promises. Same for Bob Proctor. Mark Meyerdirk, his legal counsel, saw the writing on the wall and walked away.
As for Loral’s “Best Seller Books”, she knows the game. She buys books herself, her company buys them, and pressures Live Out Loud members to buy boxes of books in order to achieve the “Best Seller” mark. Loral cares about Loral. She professes to care about making millionaires – HAH! Few, if any, have become millionaires by following the advice of Lorals. Many more, like me, have learned that scammers come in all shapes and sizes. I am not alone in this assessment. Business professionals, teachers, lawyers, etc… have all been scammed by the self-proclaimed Millionaire Maker. Please refrain from recommending Loral or Live Out Loud to others.