Posted by John Behle on June 30, 2020 at 18:12:06:
In Reply to: Re: Wayne Palmer & previously offered course posted by The Wayniac on July 12, 2017 at 20:31:56:
A couple more items about this.
1. It was 28 years ago I trained Wayne.
That is like blaming someone's kindergarten teacher
for their later behavior - good or bad. Great
leaders don't mention the teachers they probably
can't even remember nor are the early teachers of
criminals blamed.2. Look at my materials.
Their are the equivalent of hundreds of pages of my
materials on this site in the articles and this and
many other forums on the internet. Nothing Wayne
did wrong was or ever has been taught by me. In
fact, the total opposite. Every or almost
everything he did wrong I taught and advocated
against.3. Wayne had MANY teachers.
He was a real estate broker and licensed in
securities before I taught him. He had successfully
done commercial development projects. He'd also had
some failures I learned about later. When he first
wanted to be trained I really, really hesitated. He
was so cautious and slow moving and methodical in
things. I actually didn't believe he had the drive
he needed. In another post I mentioned how he
wouldn't let go of other things, move out of his
home office or out of his pajamas in the note
business. Part of Wayne's booster rocket and
influence later on was a number of individuals in
the mortgage business he hooked up with. I think
they fed his ego, naively encouraged him to move and
grow too fast and get involved in too many and
varied projects. That might have all gone ok
actually, but his association with Kyosaki seemed to
be where he went off the rails as the “Wayniac”.
I’ve never called myself “Mr. Mortgage”, “Dr. Paper”
or anything other than John. I rarely even mention
my training and education that far exceeds most who
have ever been in the “Discounted Mortgage”
business.
4. MANY, many teachers.
Wayne was no dummy and in addition to what he
brought to the business and learned from me, he
learned afterwards from anyone and everyone he
could. Granted, he always came back and told me it
was a waste, that he had already learned far more
from me. One bozo who’s “Advanced Seminar” he went
to claimed Wayne never impressed him and appeared to
be not paying attention or sleeping in his seminar.
The reality Wayne told me several times was that
Howard bored him to death and the seminar was
remedial compared to what he had learned from me.
5. “Learned everything he knows about notes from
John Behle”
Next to nothing Wayne got in trouble for had
anything to do with note investment or what I taught
him. The fact that he borrowed money and created
promissory notes with the investors is NOT
“Discounted Note Investing”. It is risky borrowing
in a gray area of securities laws. Especially with
a securities license and training, Wayne knew that -
and I told him. I was never comfortable when I
heard what he was doing. I knew better and so did
he. Yes, I borrowed from investors at one time, but
individual investors, that could afford it, well
counseled by me, secured by legitimate collateral
and backed up by me. No one was ever un-secured and
only one investor per note or property. The
investors were even protected that my note and the
property or note used as security would revert to
them if anything happened to me. Wayne started that
way, but strayed. Again, I haven’t seen him for
about 24 years.