Annual Conference - US Real Estate Forum - May 28, 2020
What is the relationship between X10 and Mentormind -
Or the important issue:
To Online or Not to Online -
This is the question!
Hello friends,
When we introduced the eMentorminded This week, a legitimate question came up -
Is it all Online?
Are there any sessions Physical?
So I set up this forum as a 3-degree computer and business technologist who has also been in real estate for over 20 years. I have been involved in dozens of ventures and came to New York following a tech startup related to the fields I love.
I see a lot of connection between the two areas - Technology and real estate - Analysis, graphs, analyzes, etc.
and most importantly - Optimization, Optimization, Optimization !!!!
For those who read my posts about me Building optimization Understand what I am talking about - this is my real estate expertise and it has a direct connection to my field of expertise as a computer analyst and scientist - I have been able to raise cash flow of buildings by tens of percent by Optimization and Analysis, And this principle guides me in every venture - andMentorminded Is no exception.
When I worked in a real estate office for 3 years in tandem with a startup (because startups like you know don't really pay founders at first), the point where I started closing deals at a crazy rate was the point where I stopped working like the herd and introduced a lot of technology and optimization to the work methodology My day-to-day and then I managed to close every 24 hour roof sale (who was in our lectures and conferences heard how) - and I have not stopped doing so to this day in the real estate investments I am involved with my real estate investors and tech ventures and everything in between.
Do you remember what real estate investments looked like before the online?
Can you even describe such a situation? Without a silo? Without Propertyshark? Without Google Maps?
Could you have closed what she was dealing with today Without Email, WhatsApp, Messenger, TextNow, Online Banking, Zoom, Google Docs, Google Voice, etc.?
To close such a deal you had to get on a plane for every deal and go around with it Paper maps To find your assets.
You had to physically go to any real estate office and God knows how you would spend Compresses - ACM - Analyze Comparative Assets for the property you want to purchase, with no historical data online.
To see an example of such a world, try investing inGreece For example - unclear language, sites with no history on assets, communication difficulties, analysis difficulties, and an elaborate market with a government that is years behind.
That's exactly why we're not there. We are here. Investors in the number one superpower in the world - the United States, which is the capital of real estate and technology, andOur forum is always moving forward technologically And we always strive to be at the forefront of technology to give you Maximum value for the price you pay.
The world is stepping forward. So are we, and you should too.
So what is the relationship between X10 and Mentormind?
Grant Cardon's X10 source is, of course, always doing 10 times what you thought it should.
We use the X10 precisely in another sense:
Why does a physical meeting cost you X10 from an online meeting?
So let's see what the forum's direct expenses are for the lecturers and you at a physical meeting (and guess who's ultimately paying for all of this):
Grade cost money? I just closed a class for our conference at May 28 - The total conference will cost Tens of thousands of shekels - And that's why:
- Coffee corner + cookies - You'll be in the market for some of it - it's best to go to Starbucks and obviously you can't bring any outside food
- High quality catering - Our conferences always have super quality food - it's like A small wedding - Pay per serving and believe me it's not cheap and it's a monopoly - must order from their place and price (what business do they have)
- photographer For the event + Photographer Video Editing + Video Editor of our Positioning Forum + Video Graphic Banner + Secure Video Storage Account + Website Video Viewer + Our Working Hours on All This….
- flight To Israel for a conference - I don't have to tell you how much it costs
- Babysitter For children at the conference - yes, it should too
- Rented vehicle
- Commissions Ticket site - Eventbrite also wants to make a profit
- Commissions Credit card company on each card
- Gifts To the conference members
- Rollups and graphics
- פרסום Sponsored - Facebook, Google etc. to sell tickets because if we don't sell everything we will lose - again because of the high expenses for each conference.
- Business Cards
- Bieber dolls
- Technology equipment Like laser pointers etc.
- Payment for assistants At the conference and production workers
- Parking… Fuel…
- The lost time In Israel in terms of doing in the United States
The expenses of the mentors
3 of our mentors Live abroad - Then again - suppose we were doing a mentoring course in the country - to fly them to a costly country? hotel? vehicle? Restaurants? Corks? fuel?
The good mentors live the area and are not much in the country and their time is precious.
The lost time Of their mentors in terms of their doing - if a mentor is in the area it's one thing to connect to a hotel mobile and provide training and then get back to activity - it's something else to physically get to Israel
And what about your expenses?
We received so many inquiries before the last conference from friends who would very much like to come - but on this day they are in the United States Company Staff About their transactions, or they are on leave, Or they do not have Babysitter, Or they live far away From Tel Aviv, or the kids are just right Eat At this hour, etc., etc.
Not to mention the expense Indirect Your to attend a conference or class:
Babysitter, corks, fuel, time, parking, etc.
And after all that - some of you have really succeeded Talk to the lecturer Personally in the hustle and bustle?
After all, that particular professor is flying, he has pressure Hestery passes the material and is not exactly in his comfort zone.
is also The lecturer is a human being Eventually and after a few hours of lecture want to go home.
So guess what? All of these expenses are eventually rolled out to you! No choice.
No one is in this business for that to lose Or out of philanthropy.
So optimization we said? That's what we're here for.
Difficulty in technology?
Do you have technology difficulties? In today's era this is no longer an excuse! Sure, your son or grandson will have no problem helping you.
In the end Despite the difficulty Did you learn to send messages in Messenger? Open an account on Facebook? Send email? How scary was it at first?
Even toNetflix You've already learned to sign in instead of paying inflated cable bills.
If you follow me Mark Zuckerberg The founder of Facebook and others - they certainly see our entire future world for the most part online - and remote learning systems are the hottest thing of the XNUMXs technology.
So we have no doubt thatYou will take control of our systems as well.
So how important is the physical space in learning and working remotely?
How many of you met face to face with your broker?
with the wholesaler?
עם The seller At Home Depot you gave her credit card details to make Clearing contractor Yours that you've never seen it too and that were based on the revisions from the report Inspection של Inspector That ever You haven't met And that you asked for a recommendation from him stockbroker Who never did You haven't met That you came to on recommendation author A forum that too You've never met. Well, you seem to understand the idea ...
So with some of the Facebook members in this forum you met in reality?
Some of these Facebook friends live onA reasonable distance Of you and some live in general atanother country But it is still You didn't bother to learn from them For a whole week in the frame # Initiated week, And then send them a message In Messenger Or b WhatsApp And move on to the transaction you received the data from By email And you Dew Diligence Yours on her Without leaving the room With sites Online (Yes, I know that all of these will be met as they meet in various kinds of meetings ... I'm talking about the majority of the 5000 members of this forum that you learn from on a daily basis without ever meeting them physically)
Whoever follows me The Trends of Technology Know that more and more work spaces are moving Online. There are many ventures that simulate a work space that includes people Don't spend hours in traffic To do work with their colleagues - as stated Maximum Output at Minimum Cost! Optimization and efficiency!
We heard a few times here from one of the forum members - Real estate is done on the ground or not at all, And there is some truth to that (and by the way, he also has an online course), but anyone like you knows that 90 percent of the work possible to do Online And eventually the physical arrival of the area is just to give you The final seal, To sign the purchase agreement if it is not possible for a remote closure that has already been resolved in most cases and to create the The connection Between what you have learned in theory and online in the realities of the field though There is nothing like an eye mirror - So we will deal with this in the mentormind program as well - do not worry
And to give you another element of Physical meeting - You will meet the Forum's Dream Team - some offline and some online At the Annual Meeting of the United States Real Estate Forum 2020 - The event came up today and like all previous events, so will it Sold Out Several weeks before the conference - There are 5 price levels - the early sale began today:
my friend Real Smart With subscription annual Entering free !
my friend Real Smart With subscription monthly Can purchase the tickets at half price!
We will continue this week with more posts on the eMentorminded - and you are welcome to ask more questions and create posts accordingly.
Have a good week everyone.
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