We just had 5 days worth of Mastermind events and it was unequivocally life-changing!
Our Investor Machine Mastermind met for the first half of the week, followed up with our Investor Fuel Mastermind. With over 40 investors at each meeting, thoughts were shared, golden nuggets were discovered, and everyone left with focus and new strategies to implement in their businesses.
There are investors in these groups doing hundreds of deals a year and they’re sharing their successful strategies and motivating one another to achieve more.
Part of what makes a Mastermind so helpful to real estate investors is that even if you’re crushing it in your industry, strategies are always evolving as the market changes and you can learn a few key takeaways that can impact your business 10x over the next year.
It’s Okay to Admit Your Challenges
We’re able to grow as a group because we’re able to drop any barriers/egos and admit our challenges.
Whether it’s online marketing challenges, not having the right team in place to scale your business, or countless other issues, we want them shared with the group!
Why, you ask?
Because if we don’t analyze our business, determine our weaknesses, and talk it out with the group, it’s extremely difficult to find a solution on your own.
With a Mastermind, you can let the group know where you’re struggling and open the floor up so that other investors can share their experiences from when they were in your shoes and give you an honest solution that you can bring back to your business.
You might be an expert in direct mail marketing but if you want to get into online marketing, there’s most likely an investor in the room who is an expert in online marketing, for example.
By admitting your challenges and being open-minded to suggestions, you’re able to step away from the everyday routine of your business and determine what improvements you can make in your business.
Transparency and vulnerability is the key to get honest, valuable feedback.
If you’re holding back from sharing your struggles, you’re holding your business back from reaching the fullest potential.
Always Give
Members of both Masterminds walk in the doors knowing that they need to share with the group different strategies that are working for them and to give guidance and tips whenever they’re able.
The more you give, the more that will come to you. Our Mastermind isn’t about keeping your secret strategies to yourself; it’s about sharing your knowledge so that the Mastermind as a whole can grow.
During our Investor Fuel Mastermind last week, there were ideas shared that could literally make members tens of thousands of dollars more over the next year.
Think about it.
One idea shared could be worth $50,000 to another member.
When everyone is sharing their ideas, the opportunities for success are endless.
Building Relationships
In addition to discovering game-changing ideas, networking with other like-minded investors from around the US brings together this sense of community in an otherwise lonely business.
It’s easy to get stuck your day-to-day business routine.
When we aren’t out networking with other real estate investors, it’s easy to get complacent.
Networking allows you to step outside of your business and think about the big picture. Listen to what other investors are doing in their market and figure out if your business could benefit from changes.
Some of the best conversations were had over good food after our meeting was over for the day. By chatting over a meal, guards are let down and you can really dive into topics that will help your business and build lifelong friendships.
Give and Grow Together
In our Investor Machine Mastermind and Investor Fuel Mastermind, everyone came in willing to share anything and everything about their business, but were also open to suggestions and guidance from other members.
This way, every single member of each Mastermind is able to take away a few new strategies from one another to utilize in their business.
Together we share.
Together we grow.
