Due Diligence Part III
Due Diligence Part III

Due Diligence Part III

Thinking of Joining LIG?

We continue our hunt for facts to help you decide, and we would love to hear what you have discovered too.

Part III looks at why you would want to receive the Trickle Down benefits from a Mentor who benefitted from a truly remarkable and probably quite unique business background.

When Paul Stephen Waugh (PSW) offers to help, you are getting the benefit of guidance that is modestly estimated at £5000 an hour on the open market. We have researched the evolution that puts him right up there with retired prime ministers and other global leaders.

PSW was strongly influenced in his formative years by the writings of M. Scott Peck and the Mormon Savant Stephen R. Covey.

Their influence can be felt in the LIG study groups to this day, but you can buy these books for a small sum and read them yourself. Where’s the added value?

It may be that this value comes from the “Hands On” , “School of Life” experience that you cannot get from books.

Avid students of PSW have heard him mention his 17 companies. Three failed, such humility, 14 were highly successful and sold on to Corporates. This is where you really get experience, growing a business and demonstrating your value on the open market by selling it and sticking it to PPG.

It’s a rare person who manages this once in a lifetime, but to do this multiple times speaks volumes. If you get a chance to be near this calibre of person, grab it with both hands, Carpe Diem!

The Companies

We’ve had a bit of trouble finding all of the 17 Companies, maybe due to the alleged millions spent in protecting his well earned privacy.

We’ve tracked down the three failed companies, though personally I might have hidden the failed ones and allowed the highly successful ones to see the light of day.

The modestly of a high Level 4 is something we can all learn from.

  • 1992 Coastal Promotions SA : No Returns
  • 1995 Success Media Pubs SA : No Returns
  • 1997 PSW Business Assistance SA : No Returns
  • 1999 PSW arrives in UK
  • 2008 Franklinwaugh Ltd : Zero Income
  • 2012 Lighthouse Int. Group LLP : Zero Income
  • The 14 Mystery Companies
Lighthouse International Group Mystery Companies

Help us out

If you have discovered any of the missing highly successful companies or the Corporates that purchased any of them, please let us know. Maybe the missing companies existed 1982 to 1992? We did check at the Durban Chamber of Commerce, Business Networks in KZN and Business Networks in Capetown. These tight knit communities know the players in the SA business world, none of the people we spoke to could remember PSW.

Since 1999 we have not found any evidence at UK Company House of PSW being involved in a company declaring more than zero annual returns.

Respect for Privacy

We all respect an individual’s need for privacy, but this does make it very hard to check facts and do the necessary Due Diligence before investing your career with LIG.

If you have worked with PSW in one of these many companies, or even at one of the Corporates that acquired them, Contact us and set things straight! One of his bigger flaws is a huge sense of modesty, but achievements like his need to be recognised and used as learning tools to help the less fortunate.

error: Content is protected !!