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NEWSLETTER | JANUARY 2009
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Everyone loves to go to the collection
conferences. They can be in Las Vegas, Palm Desert, Hollywood, Florida or New
Orleans. One thing will always stay the same, the need to party and to "Do
Business". The collection industry parties harder than most industries put
together. We work hard and play even harder. Many of us work twelve to fifteen
hours a day and need the down time to recover. We require the best restaurants
like the Kraft steakhouse in the MGM Grand in Las Vegas, the best bar like
Tryst at the Wynn and the best skin bar like the Spearmint Rhino off the Vegas
strip. Did I stay strip? Interesting how all of the locations I mentioned were
in Las Vegas the home of the collection conferences.
I don't think that there is a city in the United States that can rival Sin
City, Las Vegas, Nevada and the release it provides for the collection
industry. There are times more than one industry conference is in Las Vegas and
that always makes for an interesting time.
Then there is the American Collectors Association, the parent of the collection
industry who always has top conferences. The ACA conferences are always the
pinnacle of the collections educational and legislative arenas, while the Debt
Buyers Association conferences runs a close second and the Credit and
Collections News conferences gets my vote as the most interesting and uncommon
conferences in the industry. Although I still attend some of the Source Media
Credit Risk conferences, unfortunately, I and others have seen a decline at the
Credit Risk conferences in attendees and vendors over the past few years and
really don't understand the reason for it.
There are times that I attend conferences and don't see the people I know in
the actual conference halls, but only to see them at the parties at 4am. I
along with friends and business associates sometimes find ourselves sitting in
the hotel lobbies at 7 am with a beer still in one hand, while conference
attendees are coming down from their rooms with orange juice and new clothing
for a new day.
All in all the conferences provide a wealth of lead sources and the ability to
"Do Business" face to face with some of the top premier groups and
collection executives in the industry. If you have not attended a collection
conference I highly recommend that you do so. They're exciting, educational and
a lot of fun.
Whether or not you find yourself at a collection conference who's main bar
closes at 11 pm or at a conference where half naked young women in their young
twenties are being chased by hotel security through the hotel because they
pulled the fire alarm, it'll always be a story to tell and the reason you go to
the next conference. See you all at the upcoming Debt Buyers Association
conference, which is enjoyable, entertaining and enriching.
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Sincerely,
Michael Kolodin
Collection Training Institute, LLC
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