Do you have a mastermind team?

22 replies
Have you ever participated in a formal mastermind team before? If so, I would like to know:

Was it your mastermind team or did you join someone else's team?
How many members were in the group?
How often did you meet?
Any tips or suggestions for starting and maintaining a successful master mind team?

Thanks in advance, Warriors.
#mastermind #team
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  • Profile picture of the author OptedIn
    That's a long way to go to post spam.
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    • Profile picture of the author chuckholmes
      Originally Posted by OptedIn View Post

      That's a long way to go to post spam.
      Not sure what you mean by calling the post spam. I am trying to learn more about other people's mastermind groups, along with any success tips people can share.
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      • Profile picture of the author OptedIn
        Originally Posted by chuckholmes View Post

        Not sure what you mean by calling the post spam. I am trying to learn more about other people's mastermind groups, along with any success tips people can share.
        I was referring to a spam post which was made after yours, which I reported and was ultimately removed by the mods. Usually they remove my snark post at the same time. :-) Sorry about that.

        Cheers.
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  • Profile picture of the author GordonJ
    Originally Posted by chuckholmes View Post

    Have you ever participated in a formal mastermind team before? If so, I would like to know:

    Was it your mastermind team or did you join someone else's team?
    How many members were in the group?
    How often did you meet?
    Any tips or suggestions for starting and maintaining a successful master mind team?

    Thanks in advance, Warriors.
    First one in the 1960s, based on THINK AND GROW RICH. Others over the years.

    My opinion today is, one of my Mentors, Jim Straw was right on. He wrote about it in his book MUSTARD SEEDS, SHOVELS & MOUNTAINS. Before he died, we had a conversation about teams vs Masterminds.

    My first one, we had 12, again, based on TAGR idea, seemed 12 was the right number, but I think that is too many.

    Smaller teams of 5 or 6 can be productive, especially if there are different opinions/experiences on the team.

    Today, I agree with Jim Straw, no more than 3 people, and mostly 2 minds is all that is needed to form a mastermind.

    I guess it depends on what you want from all the sharing.

    As Jim wrote, and I experienced, it is very difficult to find more than 3 people who are in synch, and are in harmony with the group, the more people, the greater the risk of having someone who will not be in "perfect harmony", and that is the secret for gaining the most you can from forming a mastermind.

    However, a study group or a group of like minded persons, say, business owners is a different thing completely from a mastermind.

    Also, Napoleon Hill's Mastermind group, was imaginary and only in his head. His many mentors, contacts, interviewees were of a like mind, success (money) and accomplishment motivated.

    What do you want to get from forming or joining such a group?

    The better you can define your wants, the better chance you will find people who will either compliment your goals, or form a mastermind with.

    GordonJ

    PS. The kindle edition of Jim's book is only 3.82, a bargain.
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    • Profile picture of the author chuckholmes
      Originally Posted by GordonJ View Post

      First one in the 1960s, based on THINK AND GROW RICH. Others over the years.

      My opinion today is, one of my Mentors, Jim Straw was right on. He wrote about it in his book MUSTARD SEEDS, SHOVELS & MOUNTAINS. Before he died, we had a conversation about teams vs Masterminds.

      My first one, we had 12, again, based on TAGR idea, seemed 12 was the right number, but I think that is too many.

      Smaller teams of 5 or 6 can be productive, especially if there are different opinions/experiences on the team.

      Today, I agree with Jim Straw, no more than 3 people, and mostly 2 minds is all that is needed to form a mastermind.

      I guess it depends on what you want from all the sharing.

      As Jim wrote, and I experienced, it is very difficult to find more than 3 people who are in synch, and are in harmony with the group, the more people, the greater the risk of having someone who will not be in "perfect harmony", and that is the secret for gaining the most you can from forming a mastermind.

      However, a study group or a group of like minded persons, say, business owners is a different thing completely from a mastermind.

      Also, Napoleon Hill's Mastermind group, was imaginary and only in his head. His many mentors, contacts, interviewees were of a like mind, success (money) and accomplishment motivated.

      What do you want to get from forming or joining such a group?

      The better you can define your wants, the better chance you will find people who will either compliment your goals, or form a mastermind with.

      GordonJ

      PS. The kindle edition of Jim's book is only 3.82, a bargain.
      Great insights, Gordon. Now that I look back over the past ten years, my most rewarding masterminds were when I had somewhere between 2 and 4 people. It seems like more than that is a distraction. I appreciate the great comment, sir. Thanks.
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  • Profile picture of the author Immortal Fascist
    I'm just done watching: How Hypnosis can Accelerate The Law of Attraction

    You won't need humans to cut the slack and zig into greatness. Just read between the lines man.

    Mastermind groups sound sexy but you have to live and breathe the game as brothers in arms.
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  • Profile picture of the author ryanbiddulph
    For me Chuck, masterminding is a few trusted friends I bonded with over years. We chat casually through messaging or via Zoom, on business in life. Laid back and 1 to 1 versus a group meeting but I reap benefits from the chats. Big time.

    Getting to know these folks and trusting them implicitly takes time. I'd suggest networking, helping people out and organically allowing strong bonds to form, between you and folks you vibe with. From there just chat these folks up biz and life wise through Messenger or Zoom.

    Ryan
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    If you want to become a full time blogger you can buy my eBook here
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    • Profile picture of the author chuckholmes
      Originally Posted by ryanbiddulph View Post

      For me Chuck, masterminding is a few trusted friends I bonded with over years. We chat casually through messaging or via Zoom, on business in life. Laid back and 1 to 1 versus a group meeting but I reap benefits from the chats. Big time.

      Getting to know these folks and trusting them implicitly takes time. I'd suggest networking, helping people out and organically allowing strong bonds to form, between you and folks you vibe with. From there just chat these folks up biz and life wise through Messenger or Zoom.

      Ryan
      Thanks for the input, Ryan. Like you, I have several close friends I mastermind with. Those relationships are very important to me, because we both care about helping each other.

      I'm just looking for new ways to improve my mastermind groups and take my business and life to the next higher level.
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  • Profile picture of the author OptedIn
    I am blessed to have spent a lifetime working closely with the most powerful, enlightened, focused, driven and intelligent team of Masterminds the world has even produced.

    Me, Myself and I.

    Stop looking outside yourself unless you just want to be someone else. Everything you need to know lies within. The rest is available through a Google search.
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    "He not busy being born, is busy dying." - Bob Dylan • "I vibe with the light-dark point. Heavy." - Words that Bob Dylan wishes he had written.

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    • Profile picture of the author GordonJ
      Originally Posted by OptedIn View Post

      I am blessed to have spent a lifetime working closely with the most powerful, enlightened, focused, driven and intelligent team of Masterminds the world has even produced.

      Me, Myself and I.

      Stop looking outside yourself unless you just want to be someone else. Everything you need to know lies within. The rest is available through a Google search.
      we see Dumb, DUMBER and DUMBEAST. (see?).

      Having ONE reliable go to friend, who is indeed, totally in harmony with us, is a good thing for most of us, I'm sure POTUS shares your view, so you're right obviously, again.

      GordonJ
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      • Profile picture of the author OptedIn
        Originally Posted by GordonJ View Post

        we see Dumb, DUMBER and DUMBEAST. (see?).

        Having ONE reliable go to friend, who is indeed, totally in harmony with us, is a good thing for most of us, I'm sure POTUS shares your view, so you're right obviously, again.

        GordonJ
        Perfection, maintained.

        BTW - I have never knowingly insulted you. Why would you mention me in the same breath as a deranged animal?
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        • Profile picture of the author GordonJ
          Originally Posted by OptedIn View Post

          Perfection, maintained.

          BTW - I have never knowingly insulted you. Why would you mention me in the same breath as a deranged animal?
          Insult? I thought it was a compliment, mea culpa, it was yuuuge mistake, but I am educable (to an extent), so I'll try harder, do better, and hopefully be the man I hope to be, and with as my role model, appears to be a cinch.

          GordonJ

          PS. I bought my wingless bird at the Handicapped and Deranged Pet Store, along with a basket of deplorable blind mice. Give me deranged any time.
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          • Profile picture of the author OptedIn
            Originally Posted by GordonJ View Post

            Insult? I thought it was a compliment, mea culpa, it was yuuuge mistake, but I am educable (to an extent), so I'll try harder, do better, and hopefully be the man I hope to be, and with as my role model, appears to be a cinch.

            GordonJ

            PS. I bought my wingless bird at the Handicapped and Deranged Pet Store, along with a basket of deplorable blind mice. Give me deranged any time.
            That's the most deplorable thing I've ever heard. You need to start associating with only the 'best' people.
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  • Profile picture of the author Odahh
    how many of the voices in my head have to be saying materfull things before i can consider myself to have a mastermind ..

    but then sometimes i only think they might be saying something masterfull ..but they are speaking a language i don't understand .. .. so i have to puff up their self esteem by telling them how brillent that would be if i could understand it

    The last thing my shrink did say to me 8 years ago.. was there was nothing more he could do for me ..

    on a more serious note .. do you really need a mastermind most of the time .. in today's world it's better to come togetter with people for a short time and get all the information progress you need .. then when you need something like that again .. get a group of different people .. when things change slow for decades at a time ..long term masterminds probably where good .. but with the rapid change going on .. does it have the same benefit
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    • Profile picture of the author OptedIn
      Originally Posted by Odahh View Post

      get a group of different people
      People are vastly overrated. I have the knowledge of millions of the world's experts, on most any subject, at my fingertips, via Google.

      And Google never pilfers my french fries!
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      • Profile picture of the author Odahh
        Originally Posted by OptedIn View Post

        People are vastly overrated. I have the knowledge of millions of the world's experts, on most any subject, at my fingertips, via Google.

        And Google never pilfers my french fries!
        i watched a video recently from valuetainment ..a you tube channel.. and Patrick explain he gave up hireing mort experts after learning they where just farming the work out to fiver.. so he skips the experts and goes to fiver .. for stuff his employees can't do ..
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        • Profile picture of the author OptedIn
          Originally Posted by Odahh View Post

          i watched a video recently from valuetainment ..a you tube channel.. and Patrick explain he gave up hireing mort experts after learning they where just farming the work out to fiver.. so he skips the experts and goes to fiver .. for stuff his employees can't do ..
          People love to badmouth Fiverr and truth be told, much of what is offered there is crap - BUT - there are some great giggers, there and I have gotten great videos, high-end Photoshop work and all of my sweepers, promos, ID's and PSA's for my radio station are through Fiverr.

          It's like anything else - if you know how to shop, ask the right questions and see through the BS, you can score quality work at a fair price. Had I gone to a traditional source for my radio work I would have easily spent up to $1000. I spent $250 and have a product that's the same quality that you'd hear on any radio station in the U.S.. Every time I hear it I impress the hell out of myself and I'm very, very hard to please, especially if I'm putting my name on something.

          If Fiverr was as bad, overall, as many say, it couldn't survive. It's growing every month.
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          "He not busy being born, is busy dying." - Bob Dylan • "I vibe with the light-dark point. Heavy." - Words that Bob Dylan wishes he had written.

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          • Profile picture of the author chuckholmes
            Originally Posted by OptedIn View Post

            People love to badmouth Fiverr and truth be told, much of what is offered there is crap - BUT - there are some great giggers, there and I have gotten great videos, high-end Photoshop work and all of my sweepers, promos, ID's and PSA's for my radio station are through Fiverr.

            It's like anything else - if you know how to shop, ask the right questions and see through the BS, you can score quality work at a fair price. Had I gone to a traditional source for my radio work I would have easily spent up to $1000. I spent $250 and have a product that's the same quality that you'd hear on any radio station in the U.S.. Every time I hear it I impress the hell out of myself and I'm very, very hard to please, especially if I'm putting my name on something.

            If Fiverr was as bad, overall, as many say, it couldn't survive. It's growing every month.
            I've used Fiverr for several years. You definitely need to read between the lines, but there are tons of talented people on their looking for an opportunity. I've used Fiverr for article writing, transcription, banner ads, website headers, proofreading, and many other tasks and about 90% of the time I am thrilled with the work.
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  • Profile picture of the author Claude Whitacre
    I used to be in a Dan Kennedy Mastermind group with 12-15 people. We were all successful business owners. The cost was $650 a month. It was an all day meeting. We met in person. We met once a month. 5 or 6 years, I think.

    I used to talk on the phone once a week with 5 or 6 great business owners that came from this forum. Really smart people that had real ideas to share. For whatever reason, I got out of the habit of joining the call. There was no cost. I was with them a few years, I think.The meeting lasted an hour or so.

    For about 12 years, I've been meeting with two other thinkers by phone for an hour or so. It's once a month now. We only talk about one idea. And we try to destroy the idea logically. No holds barred. Some are business ideas, some are philosophical questions. Brilliant people.
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    • Profile picture of the author chuckholmes
      Originally Posted by Claude Whitacre View Post

      I used to be in a Dan Kennedy Mastermind group with 12-15 people. We were all successful business owners. The cost was $650 a month. It was an all day meeting. We met in person. We met once a month. 5 or 6 years, I think.

      I used to talk on the phone once a week with 5 or 6 great business owners that came from this forum. Really smart people that had real ideas to share. For whatever reason, I got out of the habit of joining the call. There was no cost. I was with them a few years, I think.The meeting lasted an hour or so.

      For about 12 years, I've been meeting with two other thinkers by phone for an hour or so. It's once a month now. We only talk about one idea. And we try to destroy the idea logically. No holds barred. Some are business ideas, some are philosophical questions. Brilliant people.
      I've studied many of Dan's materials. He's probably my most important business mentor. I would have loved to be in one of his masterminds. Sounds like it was a great experience for you. Thanks for sharing.
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  • Profile picture of the author Jesse Brownstein
    Originally Posted by chuckholmes View Post

    Have you ever participated in a formal mastermind team before? If so, I would like to know:

    Was it your mastermind team or did you join someone else's team?
    How many members were in the group?
    How often did you meet?
    Any tips or suggestions for starting and maintaining a successful master mind team?

    Thanks in advance, Warriors.
    I've been interested in mastermind groups for some time now and have been debating joining or forming my own group.

    After flying solo, working on my own affiliate marketing biz for almost three years now, I think it's time to get involved with a mastermind to reach the next level in my biz.

    In researching mastermind groups, I came across this video by Pat Flynn (one of my favorite biz mentors) that perfectly explains the benefits of a mastermind group, solid tips for structuring the meetings, and rules for the group to live by to ensure success.

    Link to video:
    https://www.youtube.com/embed/U0Np-IszK-8

    Some key take aways:
    - purpose: coordinated effort of shared knowledge + effort to accomplish business goals
    - benefits of group: Accountability, Encouragement, Inspiration, Outside feedback, Unbiased opinions, Growing together
    - most groups fail because of lack of structure
    - 2 to 5 members max
    - all members should be within +/- 2 levels of each other in business (knowledge/experience) vs how you self-rank on 1-10 scale
    - each meeting has one designated hotseat and moderator; each meeting focuses around that one hotseat member's particular biz challenge; hotseat/moderator rotates each meeting
    - basic meeting structure: 10 mins sharing a success (round-robin) / 40 mins hotseat discussion / 10 mins share future goal (round-robin)
    - practice brutal but respectful honesty and encouragement
    - everyone must be 100% committed; the group must be regarded as high priority right after family
    - form a repository/channel for on-going support (fb group, slack, etc.)
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    “We are what we repeatedly do. Excellence, then, is not an act, but a habit.” -Will Durant

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    • Profile picture of the author chuckholmes
      Originally Posted by Jesse Brownstein View Post

      I've been interested in mastermind groups for some time now and have been debating joining or forming my own group.

      After flying solo, working on my own affiliate marketing biz for almost three years now, I think it's time to get involved with a mastermind to reach the next level in my biz.

      In researching mastermind groups, I came across this video by Pat Flynn (one of my favorite biz mentors) that perfectly explains the benefits of a mastermind group, solid tips for structuring the meetings, and rules for the group to live by to ensure success.

      Link to video:
      https://www.youtube.com/embed/U0Np-IszK-8

      Some key take aways:
      - purpose: coordinated effort of shared knowledge + effort to accomplish business goals
      - benefits of group: Accountability, Encouragement, Inspiration, Outside feedback, Unbiased opinions, Growing together
      - most groups fail because of lack of structure
      - 2 to 5 members max
      - all members should be within +/- 2 levels of each other in business (knowledge/experience) vs how you self-rank on 1-10 scale
      - each meeting has one designated hotseat and moderator; each meeting focuses around that one hotseat member's particular biz challenge; hotseat/moderator rotates each meeting
      - basic meeting structure: 10 mins sharing a success (round-robin) / 40 mins hotseat discussion / 10 mins share future goal (round-robin)
      - practice brutal but respectful honesty and encouragement
      - everyone must be 100% committed; the group must be regarded as high priority right after family
      - form a repository/channel for on-going support (fb group, slack, etc.)
      Great pointers, Jesse. Pat is one of the good guys. Follow the tips he mentioned and you can't go wrong. Thanks for sharing.
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