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In this Elevate podcast episode, guest host Steve Carroll interviews Michelle Tynan from the REIT reflecting on their time at the Elite Retreat conference on Hayman Island. Michelle shares key insights from the conference’s “genius moves” theme and discusses how she plans to apply these lessons to benefit Tasmania’s real estate industry.
She highlights the importance of leadership, team building, and harnessing the potential of AI in real estate businesses.
Michelle also talks about the significance of data analysis and number crunching in driving business success as well as surrounding yourself with people who are going to lift you up.
“If you’re really serious about what you want your business to be and how you want it to get there, for me, Elite is certainly one step in that pathway that you can certainly count on to give you those insights.” – Michelle Tynan
10 things you’ll learn in this episode:
- The importance of work-life balance and taking time off to be a better leader.
Timestamp: 9-minutes - How to approach problem resolution by focusing on simple communication.
Timestamp: 10-minutes - The value of continuous self-improvement for industry leaders.
Timestamp: 11-minutes - Insights on building the right team and surrounding yourself with people who complement your skills.
Timestamp: 16-minutes - The growing importance of AI in the real estate industry and how to navigate its changes.
Timestamp: 23-minutes - The power of storytelling in business and looking forward with perception.
Timestamp: 26-minutes - How to use data and numbers to add value to your real estate business.
Timestamp: 32-minutes - The importance of collaboration and sharing successes within the industry.
Timestamp: 36-minutes - Why continuous professional development should be embraced rather than seen as a box-ticking exercise.
Timestamp: 35-minutes - The benefits of attending industry events like Elite Retreat for both real estate professionals and industry providers.
Timestamp: 39-minutes
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Detailed Episode Guide
The Value of Events Like the Elite Retreat
Michelle underscored the importance of attending industry events such as the Elite Retreat. These gatherings offer a forum for industry leaders to learn from one another, discuss challenges, and explore strategies for advancing their sectors. Michelle, representing an industry services provider, found the insights particularly helpful for supporting industry improvement.
Genius Moments: Personal Growth and Development
One of the most notable speakers was Paul McGee, who stressed the need to balance work with personal life. Michelle found his advice on resolving challenges and self-improvement highly relevant. McGee’s formula, E + R = O (Event + Response = Outcome), resonated with many attendees. It highlights that while we cannot control events, we can control our response, which ultimately shapes the outcome.
Michelle also highlighted Matt Hall’s session, which reinforced the importance of self-belief and continuous learning. Hall, a skilled pilot and Red Bull champion, shared stories that underscored the value of preparation and surrounding oneself with the right team.
Human Connection and Intuition
The retreat also featured psychologist Emily, who discussed the importance of truly listening and understanding human behaviour. Her session provided attendees with insights into improving communication and being more intuitive in their interactions.
Empowerment and Individuality
Another memorable session was led by Mel Thomas, who spoke about reclaiming one’s strength and confidence. This is particularly relevant in a largely female-driven industry like real estate, where mental health and empowerment are vital.
In addition, Joss Warner creatively choreographed a dance routine to illustrate the importance of embracing one’s uniqueness to strengthen their brand. His session on brand awareness was both engaging and insightful, encouraging attendees to embrace their individuality.
Embracing AI and Constant Improvement
Sam’s session on Artificial Intelligence was a timely reminder of the future ahead. As the industry continues to evolve, understanding and integrating AI into business processes will be essential. Sam provided practical insights into navigating these changes effectively.
Fiona Blaney’s session offered a statistical perspective, encouraging industry professionals to use data strategically to drive business growth. She transformed the often complex topic of numbers into an engaging discussion on how data can add value to businesses.
Lasting Impressions and Future Prospects
From Scott Bateman’s creative problem-solving story at the start of the retreat to the thought-provoking talks by various speakers, the Elite Retreat delivered countless insights. Michelle summarised her experience by emphasising the importance of ongoing growth, learning, and adaptability in the real estate industry.
As the retreat concluded, Michelle expressed her excitement for future events, recognising the opportunity to continue pushing boundaries and gaining valuable insights.
Summary
The Elite Retreat was more than just a conference—it was an empowering event that inspired attendees to embrace change, enhance leadership skills, and foster meaningful collaboration. For those looking to elevate their real estate careers, attending such events is crucial.
FAQ: Key Insights from Michelle Tynan at the Elite Retreat
1. What is the Elite Retreat?
The Elite Retreat is a prestigious industry event, held at Hayman Island, designed for real estate professionals and industry leaders. It provides a platform to share knowledge, network, and discuss strategies for leadership, personal growth, and industry advancement.
2. Who is Michelle Tynan?
Michelle Tynan is the CEO of the Real Estate Institute of Tasmania. In this episode, she shares her key takeaways from attending the Elite Retreat, focusing on leadership, empowerment, and continuous professional growth.
3. What were the main topics discussed at the Elite Retreat?
Key topics included:
- Leadership and personal development
- Work-life balance
- The importance of human connection and communication
- The power of self-belief and continuous learning
- Embracing Artificial Intelligence (AI) and using data for business growth
4. Who were the standout speakers at the retreat?
Some of the notable speakers included:
- Paul McGee, who shared his formula for dealing with challenges: E + R = O (Event + Response = Outcome).
- Matt Hall, a Red Bull champion, who focused on self-belief, preparation, and teamwork.
- Mel Thomas, who spoke on empowerment and reclaiming confidence.
- Joss Warner, who creatively illustrated the importance of uniqueness through a dance routine, linking it to brand awareness.
- Sam, who presented on the impact of AI in the real estate industry.
- Fiona Blaney, who emphasised the power of data in driving business success.
5. What is the E + R = O formula discussed at the retreat?
The formula, presented by Paul McGee, stands for Event + Response = Outcome. It highlights that while we cannot control the events that occur, we can control our response, which in turn determines the outcome. This approach was well-received by attendees for its practical application in both professional and personal contexts.
6. How did Michelle Tynan find the event helpful for her role as an industry services provider?
Michelle found the insights particularly beneficial for assisting the real estate sector in improving its services. The event provided her with actionable strategies for fostering industry advancement, supporting leaders, and enhancing personal growth within the industry.
7. What lessons were shared regarding leadership and personal development?
The retreat emphasised the importance of balancing personal and professional lives, as highlighted by speakers like Paul McGee. It also reinforced the significance of self-belief, continuous learning, and surrounding oneself with the right team, as discussed by Matt Hall.
8. How was Artificial Intelligence (AI) relevant to the discussions at the retreat?
AI was recognised as a crucial part of the future of the real estate industry. Sam’s session provided insights into how real estate professionals can integrate AI into their business processes, making it an essential tool for staying competitive and improving efficiency.
9. Why is empowerment a key theme for the real estate industry?
With real estate being a female-dominated industry, empowerment and mental health are crucial themes. Speakers like Mel Thomas discussed the importance of reclaiming confidence and strength, while sessions focused on personal growth and mental well-being to support industry professionals in their daily challenges.
10. What are the long-term benefits of attending events like the Elite Retreat?
According to Michelle, events like the Elite Retreat offer ongoing opportunities for growth, learning, and pushing boundaries. They provide invaluable insights that help real estate professionals stay ahead in a competitive market, develop leadership skills, and foster collaboration within the industry.
11. How can I stay updated with insights from Elite Agent?
To stay informed on industry trends and gain more insights from events like the Elite Retreat, you can sign up for Elite Agent’s newsletter at eliteagent.com/subscribe.
