15:03 PM, 19th January 2020, About A year ago 30
You may well have seen this story on the BBC website and also in The Telegraph. There have also been several links to them on Facebook and other Social Media over the last few days. The story has certainly prompted a lot of discussion.
Some of what I am about to say here is extremely controversial, so I must point out that my views are entirely that, i.e. personal to me.
As background, I will post links below to the articles mentioned above and also to a video response published on You Tube by the owner of the property training company, Samuel Leeds Limited. I must also point out that in my 31 years in business as a landlord I have never run a training company, nor have ever I paid for property based training. I didn’t go to University either and the only debt I have is secured against my own property in the form of mortgages. Furthermore, to my knowledge, I have never met Samuel Leeds, nor have I been incentivised in any way to write this article.
So, what do I have to say that’s so controversial?
OK, here goes:-
Every year, hundreds of thousands of British Students take on debt to fund themselves through University, in the belief that an education will help them later in life.
Sadly, some of those students commit suicide too. I suspect the cause of some of those tragedies might also be related to debt.
Does The Telegraph and the BBC report those Students who take their own lives in the same way, or is the linking of their stories to Samuel Leeds just another attack which stems from Media jealousy for those who make it in the property sector?
Does every student who studies astrophysics end up working as a rocket-scientist at NASA or for an F1 racing team? Of course they don’t, and I suspect that many of them will work in very normal 9 to 5 jobs and some don’t work at all. Does this mean they were mis-sold? Do they get a refund for their University tuition fees if they don’t get their dream job? Of course not!
I have no idea whether Samuel Leeds really is a successful property investor or whether he employs high pressure sales tactics. Likewise, I have no idea whether his training courses add any value to people who attend the free ones or the premium versions. Either way; is it right that he should receive death threats and accusations that his business was the cause of Danny Butcher’s death?
If you have actually been to one of Samuel Leeds free training events I would love to hear from you in the comments below? Was it a high pressure sales pitch? Did you buy? Did you enjoy it? Did you get value from it? If you neither enjoyed it nor got value from it, did you feel suicidal as a result of it?
Research articles below:
In 2018, it is reported that 71 British military personnel and veterans took their own lives – source ITV website
One UK student dies by suicide every four days – source TopUniversities.com
Please note that I have read both of the articles below and watched both of the video’s I’ve linked to below in full.
LINK TO BBC article – “Doncaster property training debt soldier killed himself”
LINK TO article in The Telegraph – “Exclusive investigation: The property ‘guru’ leading people into debt in pursuit of ‘financial freedom'”
LINK TO Samuel Leeds Video Response – “Response to my critics”
LINK TO Mike Winnett Video – “Is Samuel Leeds a Scam?”
Article image credited to BBC.
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