Loral Langemeier is the founder of Live Out Loud, which is another personal development and coaching / mentoring company. Many of you will probably recognize her as the money makeover expert on the Dr. Phil show. However, Loral Langemeier is a highly acclaimed financial genius and success coach and even claims to have helped over 600 people become millionaires.
Live Out Loud’s main focus is real estate. Like many other real estate guru, Loral Langemeier doesn’t go into great detail about how to make your real estate business work. It’s geared more towards philosophy, attitude, and buying more of their products so you can really become an expert, sound familiar? I have said this a lot and will say it again. When it comes to real estate, there is no get-rich-quick formula. Real estate is hard work and has a steep learning curve.
Here’s an email a concerned reader sent me. It could give you a new perspective 🙂
You should know that I have gone through the Lorals programs with the greatest 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 “Boss 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 broke his word and his promises. Same for Bob Proctor. Mark Meyerdirk, his legal advisor, saw the writing on the wall and left.
As for Loral’s “best-selling books”, she knows the game. She buys books herself, her company buys them, and lobbies Live Out Loud members to buy book cases in order to reach the “Best Seller” mark. Loral cares about Loral. She professes to care about making millionaires – HAH! Few, if any, have become millionaires by following Loral’s advice. Many more, like me, have learned that scammers come in all shapes and sizes. I am not alone in this evaluation. Business professionals, professors, lawyers, etc … have all been scammed by the self-proclaimed Millionaire Maker. Please refrain from referring Loral or Live Out Loud to others.