Seminars Spokane WA
Ask 10 people how they feel about seminars and you’re likely to get mixed reactions. For some, seminars provide a valuable tool for further education on topics not effectively covered by traditional educational institutions. For others, seminars are a black hole into which they throw their money in the hopes that they will learn the magic secret to wealth and happiness.
Real estate and investment education top the list of controversial seminar programs, and it’s no small industry. More than $2 billion is spent annually on real estate education and seminars, according to Real Estate Investors.tv. Many aspiring investors pay upwards of $5,000 to $20,000 for weekend or week-long “bootcamps” to figure out how they can tap into “real estate riches” and access “other people’s money.”
Seminars can provide great opportunities for learning about investments Full of buzzwords and empty promises, many of these seminars draw large crowds. Yet in the realm of real estate education, seminars are one of the only places where investors can get some hands-on training in real estate investing. The key to being a savvy investor is being able to filter through the good, the bad and the ugly of real estate seminars—before you spend your money.
There are plenty of great seminars out there. Often these are put on by investment clubs, local professionals, title companies or universities. A good seminar will probably cost $200 to $500 per day and involve a knowledgeable expert in a specific field.
Good seminars focus on current topics and specific and applicable skill building. Seminars that provide hands-on learning are typically the best. Most of the information in seminars can be found somewhere in print. However, some people find more value in a live presentation than in reading a book. Just be aware of what that live presentation is really worth.
Some of the best and most qualified speakers in the world make $100,000 to $250,000 for a speaking engagement. With an audience of as little as 1,000 people, that amounts to $100 to $250 per person to cover speaking costs.
Bad seminars almost always involve the regurgitation of basic information and the prospect of big dollars. Investors can pay hundreds to thousands of dollars for material that would be better found in a book or on the Internet. Investors shouldn’t overpay to hear a lot of speaking about the investment lifestyle when what they need is to learn the right fundamentals.
Investors should be wary of seminars preaching ‘fast cash’ Although the information may be sound, these bad seminars are able to make money by providing an emotional boost for investors. Do yourself a favor: Save your money. If you are going to become a successful investor, sooner or later you’ll realize that motivation stems from action, not emotion. If you wait around until you feel motivated to hit the gym, you’ll never get there. If you head to the gym diligently, you’ll see some results. R...