It happens to all of us: we want to grow and succeed, but on our own, we are often left frustrated and disappointed. Being involved in a mastermind group may be the perfect solution.
In this episode of The Portfolio Life, my co-host Andy Traub and I talk about the benefits of mastermind groups and how they have the potential to shape who we are.
When encouraging people to grow, I have often suggested finding a mentor. Turns out that wasn’t the best advice to be doling out. While having a mentor isn’t a bad thing, it’s not necessarily the best use of our time. It often leads to high expectations followed by frustration.
Instead of finding a mentor, becoming involved in a mastermind group is a better first step to help you develop personally. As Jim Rohn says, “You are the average of the five people you spend the most time with.
Listen to the podcast
To listen to the show, click the player below. (If you’re reading this via email, click here).
In this episode we discuss:
- What a mastermind is and what it is not
- The benefits of a mastermind group
- Healthy parameters for starting a group
- The growing popularity of online mastermind groups
Resources mentioned in the show
- How to Start a Mastermind Group by Tyler Ward
- Think and Grow Rich by Napoleon Hill (affiliate link)
- The Wisdom of Crowds by James Surowiecki (affiliate link)
- Zoom — a video conferencing tool
I hope you enjoyed this week’s episode. If you know someone who would benefit from it, feel free to download and share it. We’d also appreciate it if you would leave a review on iTunes.
Are you a part of a mastermind group? Share in the comments.