Apprising Ministries brings to your attention a piece by Bob Liichow called The Leaven of Lakewood. Liichow is himself a former Word Faith pastor and is also co-founder of Inner City Discernment Ministry. Concerning the late John Osteen, who is the father of Joel Osteen, Liichow writes:

I am under no illusions regarding the WOF [Word Faith] “leaven” which John propagated and is unfortunately being further magnified through his son Joel Osteen who took over as Pastor when his father died in 1999. John was a big crusader for the error of positive confession. This is a metaphysical belief that we can either create or change our reality by the power of our words, for example he stated the following:

When they say like they did to Smith Wigglesworth, “How are you feeling today?” He said “Listen, I don’t ask my body how it’s feeling; I tell it how to feel.” And your words should not be to describe the situation; your words should be given to change the situation. And so, read it, meditate upon it, and speak it.

I am the sum total of what I have been confessing through the years. My children are the best children that ever lived on the face of the earth. They are blessed of God. They are the sum total of what Dodie and I have confessed and loved them into being.

Osteen is on record as fully endorsing the WOF errant concepts surrounding financial prosperity:

It’s God’s will for you to live in prosperity instead of poverty. It’s God’s will for you to pay your bills and not be in debt. It’s God’s will for you to live in health and not in sickness all the days of your life.

In the above sermon we can see the Health & Wealth “gospel” summed up three sentences. So despite the good things that John Osteen did as a Pastor he got ensnared by the subtlety of false teaching and ended up misleading millions before his death.
(Online source, emphasis his)

As I point out in Joel Osteen Is Aligned With The Theology Of The Word Faith Movement, by following in the Word Faith footsteps of his father John, even while adding the additional leaven of Robert Schuller self-help postive thinking tips, Joel Osteen is now doing the exact same thing to millions more.

And tragically his false teachings have recently extended to even more millions who are trapped in the non-Christian cult of the Church of Jesus Christ of Latter-day Saints because Joel Osteen Blesses the Mormon Church.

See also:

JOEL OSTEEN: APPRISING HIS WORD FAITH TEACHINGS

JOEL OSTEEN: SMILE WHEN YOU LIE

JOEL OSTEEN WITHHOLDS TRUTH

JOEL OSTEEN WITH WORD FAITH MOVEMENT

JOEL OSTEEN