Undercover Billionaire

I first heard about this billionaire, when he was worth about $100 million, back in the early 2000s. He was living in Orange County CA, building company. I remember hearing his wife say that on their first date, as he was telling her a story about his past, she all of a sudden knew that he was the man she was going to spend her life with. So happy to see that they have been married for 16-years now. I recall that she was a news reporter working in L.A. To help her deal with the rush hour drive, he hired her a personal driver to make the daily commute.

Now about the show. Not much happens in the first episode with regards to seeing him build a business. However, I was pleasantly surprised to find out that this is not like other business reality shows in that the entire season takes us through this one billionaires journey rather than a new store, new billionaire each week.

Even though he states several times, that he has a cover story about why their are cameras following him around, I have to assume that in reality, some if not most of the people in the town, knew right away that all was not as it was presented to them. Let's face it, when was the last time someone made a reality show about a homeless man trying to find a job and create a life in a small town? That's basically the cover story he and the show are claiming to be selling to the small town community.

I plan to DVR the entire season not just because I am an entrepreneur but also because I happen to like the guy as I had a very good impression, reading about him and seeing a video of him in the early 2000s, seeing his home and his wedding that he had in his Newport Beach backyard.

My husband and I found this show on an airplane. We loved the first season, we've learned so much (from the first season) and applied alot of the ideas to our own life. The second season was far worse though, filled with agendas too. All 3 of the contestants were a bunch of brats.

Show me where anybody with no job is going to be given a loan to buy a house by a bank with no JOB... AND a $10,000.00 cash loan to fix the house up with. NEVER going to happen. Never going to happen!!

Yes, as a show it is good as it demonstrated how to work hard, how one person can keep trying to find solutions - this part of the show is true, it is lacking on some of the people.

However, don't take this serious enough to think you can replicate what just happened in the show to create YOURSELF a million-dollar business in 90 days or a year or even longer. just like everyone else mentioned that you can not get a loan when you have nothing, and you can not get 10 people to work for you for nothing, you may get a good friend help you out a couple of hours for a few days, but not to this extent..

Again, a TV show is a TV show, and sit back and enjoy!

So far this is an unbelievable process. Flipping $3000 cars for almost $10G, with a car wash. OK, not likely but Could happen, I guess. Obtaining a construction loan on the house with a fake name and background and no income IS NOT going to happen. Unless he had help from the network, at a minimum it's fraud and the show does not explain this impossibility. He wants to flip for $80K. Again, not likely and also how will he get the cash for the profits with fake ID and background. Since this is a lynch pin of the show it's already foolish. Without explaining the mortgage loan, the concept falls apart. Even a no docs mortgage requires a credit score... More Fraud?