Hey all,
Well, I just attended the Melbourne Masterclass today, but i’ll try not to let that influence my post here too much. [cap] I’m personally of the mind that seminars can be a very useful tool… stressing the word CAN. In the end it’s up to the participant to take any action to get results for the money invested in the seminar, book, whatever.
True, in many cases the material you will go over at a seminar will be exactly the same as in the author’s books, tapes, etc. It can sometimes be just hearing the author describe something a certain way that flicks on the light switch and brings in a new realisation. I think the best description for it i heard was from Robert Kiyosaki, when he describes it in terms of content and context.
Content is the theory and information itself, which as mentioned before can be the same between seminars and books etc. Content can be visualised as the water(ideas, information) which you would pout into a glass(your head).
The context however is the size of the glass that can hold the ideas you learn. I find seminars (not that i’ve been to lots mind you) to be a great way to expand your context, as they’re more emotional, intimate and intense due to the personal contact with the author, discussions you can start, like-minded people you can meet and throw ideas around with. Expand your context, and you’ll be able to take in more ideas and insight, and get more value from the experience.
There are of course various ranges from $50 to many thousands of dollars for seminar programs, but i think each of those can be indicative of the value you’ll get. I don’t mean to say that a $50 seminar won’t be worth attending, but more that the larger-scale events will have lots of backing and support, higher quality, etc. Probably the most important thing though is the money you put on the line yourself, and hence the pressure you then put on yourself to make the most of your investment, and there are cases where this has paid off very well (from stories i’ve heard, not my limited personal experience).
This leads me back to my initial point… Seminars, just like books, CAN be very useful. In the end it’s up to the individual to make the most of the opportunities presented by the experience. As you can see, i’m diligently doing my ‘homework’ from the Masterclass, and am intensely pumped to make changes to my investing approach, and drive myself to take action. In this case the seminar was a very wise investment, and in property, if it drives you to take successful action, you don’t need much to recoup your initial cost.
*Phew* i didn’t realise it was going to be such a long post, will try to trim it down in the future.
Cheers all,
Craig.
