Stuart Zadel: Property Investor and Entrepreneur's Conference 16/17th Nov 2013
I went to the Stuart Zadel "Property Investor and Entrepreneur's Conference" in Melbourne on the 16th and 17th of November 2013. My take on it:
-> The main guy, Stuart, is a knowledgeable guy and great public speaker. IMO, he uses both psychology and NLP to try to make people feel inadequate in a subtle way and then brings up presenters who talk about what amazing offers they have to help alleviate this inadequecy and allow you to become a property millionaire. Essentially he is really a spruiker who poses as someone who is trying to help you and wants you to 'take action'.
All of this is masked by his objectives that he is trying to achieve:
? Inspiring 1000 new Prosperity Millionaires
? Educating 50,000 people live
? Distributing 1,000,000 copies of Stuart?s books
? Donating $1,000,000 to worthwhile causes
? Planting 1,000,000 trees in Australian soil
-> Over the two days some of the products you get are free, this includes his 2 latest books (The New Way to Make Money in Business and the New Way to Make Money in Property) and someone other motivational books and CD's.
-> He conducts these free seminars a couple of times a year and presents people to the stage and they then talk about their individual specialties e.g. development, renovation, asset protection (
http://www.zadel.com/)
-> Clearly he gets a cut from all the presenters when the uneducated people sign up for their seminars
-> One of his presenters, Daniel Kertcher, talks about shares. I am not versed in shares so had little idea about the specifics. Basically he talks about CFD?s and trading on the S&P 500. It again involves paying a course fee (in the 1000?s of dollars) and being ?educated? about how to get up in the morning and places a few ?wagers? and then having your bank account increase. Sounds too good to be true and it most probably is. Again, amazing how many people ran to the bank to sign up.
-> Room of about 250 people and you encouraged to sit in a different seat each time and talk to as many people as possible. Most of the people I spoke to were 30+ and the bulk were in their 40?s and 50?s. Some had even been to these seminars before and had signed to courses previously. When I asked them their opinions they said most were not going as well as they hoped. Which was again quite funny for me, why keep coming back?
-> Activities at the start of each session e.g. getting up and speaking to those around you for a few minutes and asking what they are trying to achieve and are there for, another one involved high fiving the person next to you and then quoting something (which was usually weird) e.g "I'm a lover not a fighter"-> I thought it was strange..
My summary of it:
-> As many others have said, leave your wallets at home. The number of people I saw running to the back (where there are people waiting to sign you up was incredible). I had already heard many of these presenters before and had seen some of their material by visiting their individual sites. This can be all be obtained for free btw from their respective sites as they can send you a DVD in the mail
-> The interactions and atmosphere he creates is quite gripping and puts many people in a state of euphoria that plays on their emotions and makes them part with their hard earned money
-> Most amazing part is, these people have done no due diligence on any of these presenters but have parted with a minimum of $3k per presenter. I thought it was quite funny, but when grown adults get excited and emotional, have done no research/due diligence or comparisons, how are they going to succeed in the property investing world?
Overall
-> Take the two days and go for the experience, it is after all free (he claims the tickets are worth $497 haha) But do not sign up for anything. Anyone who is offering any sort of package for figures like $4997 or $3997 with bonsues for this and that and extra add on's is a spruiker..
I'm only in my mid-twenties but consider myself to be pretty educated in the property investment area and was amazed at how easily so many people were convinced that they were going to be millionaires just be signing up to these programs.
-> The most successful property investors/developers/renovators etc. are not the ones creating programs and selling them off. They go about their business and help close family and friends. If you are marketing yourself then there is a financial benefit in doing it, that outweighs the job itself-> Which is of course investing in property..
If anyone is considering going or has any questions about it, feel free to ask and I will be more than happy to share