The Wealth Creation industry is really still in its infancy. Indeed, this is what this blog is all about. Wealth Dragons are headed up by two Asain entrepreneurs, John Lee and Vincent Wong. I don’t doubt that they are genuine but it’s definitely a case of ‘buyer beware’. If you read this article to the end you will understand why!

Wealth Dragons is actually the only (or at least the first) company that is listed, in the UK, on the stock exchange in the wealth creation sector. This might sound impressive, but people still feel the need to search for John Lee Wealth Dragons Scam or No Scam. Why is that? …

I previously attended one of John Lee’s Wealth Dragons free seminars. These are essentially just sales events where people get whipped up into a frenzy and then part with their cash to buy training and education in various methods of wealth creation.

In their own words:-

Wealth Dragons is the world’s leading promoter of events and training programmes that offer people unique tools and skills to work towards increasing their asset-based wealth and creating passive income.

John Lee Seminar

These live events aren’t really worth your time. You pick up a few tips here and there, which may show some of the value of what may learn if you take up one of their rather expensive paid courses.

Many of the reviews on Wealth Dragons talk about Jon Lee’s motivational speaking skills and selling prowess and that people feel compelled to sign up to one of the paid courses, and that is exactly what I saw Jon Lee doing when I attended his free seminar.

It was a cringe-fest of live selling tactics and I suspect some fake audience members who are the first to get up from the crowd and go to the back of the room to ‘pretend’ to buy a course so that others see this and are more likely to then do the same.

This was all a big red flag to me.

Reviews & Reputation

The best way to find out if the paid courses are worth it is to research reviews and speak to Wealth Dragons directly about the content and support that is provided for the money you pay for a course.

Just a cursory search on social media turned up a rather large number of negative comments and reviews. I won’t go into the nitty-gritty but straight away that is a warning sign.

There were some positive comments & reviews but some of these were probably contrived and most likely either Wealth Dragon employees or affiliates of some kind who have a vested interest. But some of the reviews will have been genuine reviews where people have made money after taking one of their courses.

On Trust Pilot, they have 98% reviews at either ‘Excellent’ or ‘Great’. Beyond any shadow of doubt they are achieving this by asking course attendees to leave a positive review on Trustpilot.

Click here to see this (opens new tab).

At the time of writing there were a whole bunch of ‘reviews’ all created on the 27 JUNE basically saying “I have just done course XYZ and it was great”. That was it, no actual review just a half-hearted comment.

As stated above, this was yet another red flag for Wealth Dragons as far as I’m concerned.

How Much do the Courses Cost?

The courses offered by Wealth Dragons cover three main categories:-

  • Business Building & Social Media
  • Property
  • Forex

The other issue I have with Wealth Dragons is the cost of their courses. At the seminar I attended there were property courses ranging from £1000 to £4000 and Online Business / Social Media courses ranging from £400 to £1000.

Their website (Click Here)also used to list their courses with prices, but the prices have disappeared from the site. I wonder why.

Whilst there is value in having someone actually sit down with you and take you through things step by step, it’s also the case that the content for the courses can be found online for free or purchased for much less on Amazon.

Conclusion

It may be that you can pay for one of their courses and implement the course material successfully and I have no doubt that has happened. But what these companies don’t tell you about, or publish data on, is the percentage of people that have taken a course and then not made a success of it.

As I said above, if you are interested in one of their courses the best thing to do is contact them and find out about the content of the course and any after course support you might receive.

If you are just getting started then Wealthy Affiliate is one of the best platforms for building an online business. You can see my review here:-

Wealthy Affiliate Review >>>

Have you had any experience with Wealth Dragons or their courses? If so, please comment below…

 


Hugh

Just a regular dude, dedicated to new digital economy income streams

4 Comments

Yaser Al Jabary · May 8, 2019 at 7:15 am

I attended some of his seminars which were for free and then they ask you if you want to join the paid program. To be honest, I have googled a review on john lee and never found any testimonial. What I did not like about him, is the way his team took pictures of the audience when he is providing a free course for one attendant. When everyone comes close to him and raise their hands. They took the pictures and show it to others as if everybody is happy. For sure, if you want to learn digital marketing, google for mentors and you will found the real once.

    admin · June 13, 2019 at 11:35 am

    Hey Yaser. Thanks for the feedback. Personally I wouldn’t recommend Wealth Dragons. You get a feel for an event and company and I got the impression there was a lot of attraction marketing going on. Have you found a mentor or are you going for DIY?

Monika · October 20, 2019 at 9:36 am

I think it’s sort of a scam. John Lee is only wealthy because of naive people who pay him for the courses.
I attended the the free seminars and for me it was purely just created to make people spend their money.
I believe that othes being in the audience were acting, who will right away pay over £5000 for a course? Maybe a few got inspired but definitely not all of these people. Manority only did not pay for anything.
There was a person who he picked from the audience that she will get a discount price which was still really high.. the woman was put on a spot and it was too embarrassing to say no.
There were some information during the seminar about the Amazon which were incorrect.

Elisabeth · November 22, 2019 at 4:07 pm

This is so true. He is a good speaker and a very shrewd sales guy but his delivery of his promise is so poor. Almost 60-70 percent of the people who have attended his courses have regrets doing it. I have spoken to few of them and none of them have anything good to say about his courses. He charges a lot of money for social media courses etc but you can actually get more value from the courses of people who actually does social media day in day out for other clients and it is much more affordable. Those people are real gurus because they do it for others and hence can give more actionable advice rather than from a person who just does it for himself.

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