Why are Masterminds so Valuable?

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Transcript:

Back when I was first starting my business, I heard over and over and over again that I needed to be part of a mastermind and that it was one of the most valuable things I could do if I wanted to grow my business. But at the time I didn't even really know what a mastermind was. And I certainly did not understand why they were so valuable.
[00:00:22] Or why they were so expensive, frankly, it was really hard to see the cost of a mastermind, which most of the ones I was looking at were around 25 to $30,000 and really try and justify spending that much money on my business to join this group of people in a mastermind.
[00:00:41]So today I'm doing this something a little bit different. I actually went to several of my friends in an impact mastermind, which is the mastermind that I'm a part of that's run by Stu McLaren and ask them why they find being in a mastermind to be so valuable and what they really get out of it. So you're going to hear.
[00:01:02] From their own words, what they find valuable about this. Plus after the introduction music, I have got three really fun things that I want to share with you that I'm celebrating today. So let's dive in So this is a really fun episode because this is episode number 100 of the right entrepreneur podcast. It is so exciting to me to be able to bring in a bunch of my friends and closest colleagues and have them share in this hundredth episode, this is a huge milestone for me But also we just crossed the six, 2000 download Mark, which is really exciting for me as well. So I want to just say thank you first and foremost, for subscribing to the podcast for listening to it and for telling your friends about it. It really means a lot. And the final thing that I'm celebrating today is it's my birthday.
[00:02:27] I'm 39 years old today. I am so thrilled to be sharing this with you here on the podcast. But let me get to the fun stuff.
[00:02:37]I've been dreaming of running a high end mastermind for years, and I've planned on doing that. But coven makes travel a lot harder since so many things are restricted right now, but it finally dawned on me the other day that I could start. Online virtual masterminds right now for a fraction of the cost of what I would normally charge for our high end mastermind, because it's so accessible online.
[00:03:04] So I will tell you more about that in the end. I just wanted to mention it now, in case you were interested in joining one, but in the meantime, I have eight minutes, my friends here that are going to share with you exactly why they find a mastermind so valuable the eight people that you hear from today are all part of Stu McLaren's impact mastermind with me, which is a mastermind that I pay to be a part of. So they're kind of my personal peer group. They're close friends. They have helped shape my business and they are some of my greatest encouragers and supporters.
[00:03:39] And I am so thankful that they took a few minutes out of their day to share it with you today.
[00:03:43] so with that, I'm going to hand over the show to my friends
[00:03:47] Scott Paley: Hi, I'm Scott Paley from abstract edge. I'm also the co founder of the nonprofit leadership lab and I'm in a mastermind group, right with Jamie. she in fact is the one who convinced me to join the mastermind group originally. And I've got to say when she first suggested it, I was a little bit skeptical.
[00:04:06] I knew that I would benefit from the strategies and the tactics that I would learn from other really smart people in the group. But. It was hard to justify the cost because it was certainly not inexpensive. That said what surprised me now, having been in the mastermind group with Jamie for about three years, is that the biggest benefit that I get from it is as an entrepreneur, there are just so many times where you start feeling overwhelmed, imposter syndrome is, is kicking in full force and you just really need. People who get you, who peak, who understand you, who have context and know the background of your story in a pretty deep way. And when you have those people in your life who can support you through the tough moments, it makes such a big difference, not just emotionally, but from a business perspective, it helps you get through those really challenging times that can kill a business.
[00:05:10] And by getting through those, we've had, I had so much success over the last three years, with our membership sites that I definitely. Definitely can look at the mastermind group, and know that that played a huge role in the success that we've had highly recommend being part of a mastermind in one capacity or another.
[00:05:32] It makes a huge difference as an entrepreneur. I could not recommend it more highly.
[00:05:36]Next you're going to hear from my friend, Rachel Miller, who runs Moolah marketing and teaches people how to grow massive audiences. She's the most brilliant Facebook marketer I have ever met. and fun side note.
[00:05:50] She also has six kids like me, so I adore her dearly. Here's Rachel.
[00:05:55] Rachel Miller: I love masterminds guys. So often we're so close to our businesses that we don't see. What's literally right in front of us. And I've loved being in a mastermind with Jamie Swanson because she can cut through the bull crap. Seriously, the girl has a gift of seeing clear, helping us see clarity in our own businesses, almost like inspiring or opening up the blinders.
[00:06:21] So we can see that the path to what's next, being in a mastermind mind means that you have someone there that you can call when you need help, that you have a friend that's that that's your, your, your sidekick in business and in life. And that you have those tips, that the clarity, the blinder moments that make all of the difference for your business.
[00:06:43] If you're interested in a mastermind, I hear Jamie's got one come in and I know it. Yeah. I know. I have blessed been blessed by being in a mastermind with her, and I'm sure you will be as well..
[00:06:55]
[00:06:55]Susan Bradley: Hey gang. I'm Susan Bradley. I'm the founder of the social sales girls, where we teach eCommerce store owners, how to get more traffic, grow their sales, and really grow the business that pays them well. And the one that they've been dreaming about, and Jamie asked me to share with you why I think a mastermind is a great place to be when you're growing your business.
[00:07:18] And I've actually been a member of a mastermind for. Three years now. So I think that that in itself proves that it's a really valid place to grow your business. You know, over the course of those three years, my business has basically exploded. And I know I can't put my finger on one thing that made that happen.
[00:07:39] When I look at the massive change I've made in my business, it's a lot of it is due to being in a room with people who are working on similar goals. They have similar experiences they share openly. And I have learned so much from that. You know, one of the best parts of a mastermind for me is people sharing their ideas.
[00:08:01] I get to watch as they implement. And they share their results. And so it really helps me shape the way I grow my business based on what other people have had good luck with. So I really feel that that's a huge part of it. The other thing I love is that I feel like it is a very safe place to get great feedback.
[00:08:22] And so rather than going out into the business community as a whole and looking for feedback, I would always go to my mastermind first and ask for feedback on things like sales pages or strategies, or if I have an employee problem. That's where I go first, because I knew that these people are experienced Many of them have had these issues before, and I know that they have my best interest in heart at heart, and they will give me great feedback. So it's a safe place for that. Now the last thing is the relationships that you will develop. Not everybody in the mastermind will be your best friend, but if you give it your all, you will find that you will develop some really good longterm, strong relationships with other people that you trust.
[00:09:07] And those relationships may actually even benefit your business down the road. It might be opportunities to partner up. With people who you have that established relationship with. So really if you're considering it, I would completely encourage you to give it a try. I think if you really work at it and you make it a priority, you'll find that it will help your business grow in amazing ways.
[00:09:31]Emily Jeffords: Hey there, I'm Emily Jeffords. I'm an artist and I have the honor of teaching and mentoring other artists and running profitable and sustainable creative businesses. And I have enjoyed being in a mastermind more than I ever thought was possible. Cool. I think it is a very safe, special thing to be in a room with the smartest and wisest and clearest people.
[00:09:56] But I know people that normalize success, people that support you in your weaknesses and people that can come alongside with all of our unique gifts and talents and all of our unique strengths and really fill in each other's gaps. If I have a question about something abstract or outside of my wheelhouse, someone in the mastermind knows the answer and that's.
[00:10:18] One of the most special things. The normalizing success part though, I think is the most precious part about being in a mastermind for me, because when you're with a group of people that, that says it's okay to reach for more and it's okay to strive for excellence and it's okay to reach these levels of success that maybe aren't normal.
[00:10:40] That's a beautiful thing, just to have that permission to rise and to reach and to make as big of an impact as you possibly can. That is. So amazing. And Jamie's been a huge part of that. We've had some conversations, just the two of us that have really brought me so much clarity and so much focus. And she has a way of perceiving people so intimately and helping you where you need help in the kindness.
[00:11:06] Yeah. Clearest of all ways. I'm so thankful for that. So if you're considering a mastermind. I highly suggest it. I think it's one of the most profitable investments you can make in your business, but more importantly in yourself.
[00:11:21] Candace Dagnolo: My name's Candace, Don Yolo, and I'm the CEO and founder of pet boss nation. And I've been in the pet industry since 2006 and I've had a lot of ups and downs and I tried to go it alone in my business for the first five years. And that's when I discovered my first mastermind. See, I've been in a mastermind for over a decade.
[00:11:44]I've been in for this one that I'm in with Jamie now is my fourth mastermind. I've been in the very first one. It was amazing because it was. With a group of people who were in the same type of business as mine. And I got to learn so much, so much about business and retail that I didn't know before. And I loved those moments and being that group led me to the next group where I got to see what a bigger opportunity was out there for me and different industries and how I could apply different thoughts.
[00:12:16] To my existing business. And through those two masterminds, I was able to sell one of my businesses because of all the things I learned. Then I joined another one, which was amazing. It was a really, really big group, but they put us into small little pods. And I loved that because I got that one on one deep connection, but it was led and facilitated by somebody who, kept us all focused.
[00:12:41] And also called us out on our BS, which was awesome because who does that? Often? We're the bosses are of our business and very few people ever call us on our BS. And so that's what a good mastermind leader will do for you too. And then now in impact, I am just loving being with people who are so successful that I just really get to see what's possible.
[00:13:04] But also the vulnerability that's there and the connection and friendships and the giving of the community members in the mastermind. You just don't experience anything like that. Really anywhere else in life because our families don't get our businesses. Usually our friends don't get the business and we kind of feel like we're on an Island and we have questions, but we don't feel confident and comfortable sometimes to go into these Facebook groups and ask.
[00:13:36] That or we really need advice from the people who've been there before us to give us the right path. So I always invest in masterminds. I have for the last 10 years, it's constantly worth it. I always see the rewards and I encourage you to join a mastermind as soon as possible to get there faster and to stop going it alone.
[00:14:00]
[00:14:00]Tracy Harris: Hi there. My name is Tracy Harris and I am the car at mums with hustle and I help moms leverage the power of Instagram so that they can make more revenue in their business and ultimately build their dream life for them and their families, whatever that means for them. So being a digital Sayer.
[00:14:25] Canberra pretty darn hard. There were lots of highs. There were lots of lows. There are a lot of learning curves. And so for me, investing in a mastermind is just a no brainer. I have, come to realize how important it is to really, because on my circle of influence that, being the people that I choose to surround myself with, I always always make sure that I am learning.
[00:14:55] From a mentor, someone that shares the same values as what I have in their life and also in their business and someone that can definitely help light the way for the path that I'm embarking on for myself in terms of, the facilitator, their job, other than being a great mentor to you is also to bring a like minded circle of influence to you within the mastermind group.
[00:15:25] And that has been one of the greatest surprises. To me, of being in a mastermind that is, I'm not only learning from the mental themselves, but I am learning from the high quality people that the mentor brings together. People like Jamie, for instance, super powers, 100% lie in the area of encouraging and uplifting others, but also helping us to simplify.
[00:15:54]Exactly what we've got going on in our businesses, simplifying offers, simplifying messages, helping to bring about clarity and simple, well buying within the business self. So being able to tap into people like Jamie and into so many of the other peers that I've had the blessing and privilege of getting to know, and also learn from in these masterminds.
[00:16:19] Right. It's just absolutely priceless. I have been in a mastermind for about three years now, and I would not change that. it's definitely something that I plan to continue investing in because when I invest in myself, I'm then able to pass that on and just be better in my business. And that helps more people as well.
[00:16:44] So yeah, I, 100% recommend being in a mastermind. It's a no brainer.
[00:16:50]
[00:16:50]Nicholas Wilton: Hi, my name is Nicholas Wilton and I'm the founder of art to life. We help artists, discover and ignite their art and using a new approach to creativity in life. I've been in a mastermind the whole time. I finally learn it. It took a long time, but you can't get to where you're going by yourself.
[00:17:09] I used to do everything by myself and being in a mastermind has reinforced and taught me over and over and over how it is just, it's just not possible. And it's. Way less fun to try and do everything by yourself. So the main thing that I think that masterminds give you his objectivity, just like making art.
[00:17:34] One of the challenges artists have when they're making their art is they get so involved in it. They're staring at the thing. They're trying to figure it out. It's really, really difficult because it's just you in the room and that is the nature of art making. And so getting feedback and seeing the responses from once the work is done is always very illuminating.
[00:17:56] That's the tricky part of making art, but building a business, building something that is involves other people, you don't have to do it all by yourself. So in my mastermind, for an example, the one that I'm in with Jamie, I've shared things with Jamie and she's pointed things out to me that I would never have thought were of value to other people.
[00:18:19] One of the examples that happened recently was I told a story in our mastermind and. And, and it was just a story, but it was really fun. People thought it was really funny and I didn't really see it that way. And people said again and again, and Jamie was like, this is so hilarious. You need to share this more.
[00:18:37] And you're actually pretty funny. You should be more funny in your, in your teaching. It adds a lot to it. This is something I would never even have thought about. So that's just a small example that, that happened between Jamie and I, where it was this really amazing exchange. And it just got me thinking everyone has a different way of showing up at a different gifts they can share.
[00:19:01] And we're not always the best people to know. And that's what makes a mastermind, so great.
[00:19:07] Jennifer Allwood: . Well, Hey guys, Jennifer, all wood here. I teach women how to use social media to build their business in the online space. And I have been in a mastermind with Jamie for three years now. and prior to being in this mastermind, I was in a different mastermind for two years. So when I really started to build my business, in the online space, it was about six years ago.
[00:19:28] I had no, no intention of spending the type of money that is included in a mastermind, but somehow five years ago just got roped into, Oh man, let me see what happens to this mastermind. And it's a lot of money. but I'm hopeful that it can kind of take my business to the next level. And what happened is I.
[00:19:47] I got into a room with people that weren't even in my same industry, people that I didn't know. You'll have to excuse the construction noises upstairs. We're on a remodel. I ended up making my best business buddies and figuring out that first year at a mastermind that there's no way I can do my business and continue to grow it without being in a mastermind at this point.
[00:20:07] See, some of you might be listening to this and you've never been in a mastermind. So you just don't, you don't kinda, it's like kind of like, you don't know what you're missing. Right. You just don't know what you don't know. But what I know to be true is that at every level of business, a mastermind is so valuable.
[00:20:20] It's valuable whenever you're just starting so that you can get, try to get where you're going much quicker. and so I want you to think of that money then as like I'm an acceleration. Policy of sorts. It's going to get you to where you're going quick. and then I know that when you get to your business to a certain level, and you're really wanting to learn well up at, you know, that fee that you're paying that investment is what's going to being in that group.
[00:20:46] It will help you get to the next level. There's a lot of people that are pivoting in business right now, they're having to try different things or having to do things differently than they used to. And the investment of a mastermind is just unmatched because you get. So many different minds in a room, even on a zoom together and, and can add kid figure out things and get ideas and get invitations that you never could otherwise.
[00:21:10] And so if you've been struggling at all with your business or felt really alone in business, like you don't need to, Jamie's going to be providing a really awesome space. I literally got to kind of mastermind almost with her. even though we're in a mastermind together, she just was such a blessing to my business this fall, when we went to Boulder and we went out hiking and she has the ability to kind of look at a business from a bird's eye view and really help you figure out some strategy and some positioning that are gonna make you incredibly successful.
[00:21:36] Well, so, so should you join a mastermind? Absolutely. is the money worth it? 120%? Are you going to get anything out of it? Oh my gosh. Yes. Will you ever want to leave a mastermind? Nope. You really well. So I hope that you will, really consider, joining what Jamie's doing. she has an art for helping people level up.
[00:21:57] So that's your friend.
[00:21:58]So if this all sounds absolutely amazing to you, and you would like to surround yourself with likeminded business owners so that you can get to the next level and scale your business. I would love to invite you to be part of my brighter together mastermind groups. these are going to be carefully curated groups of no more than 12 people, because I really want you to have a group that you can get to know incredibly well. I have a full process and I'm not going to take everyone. the way that I'm curating.
[00:22:34] This is. To look at who's really taking action, who is somebody who's a go getter, who isn't afraid to step outside their comfort zones in order to grow themselves and their business and who might be stuck in the messy middle, and just not sure how move forward, but genuinely knows that they need people in their lives to be a mirror so that they can see.
[00:23:00] What they don't see or see the obvious Trinity that's sitting in front of them. And this year, frankly, has been so hard on so many people. And I really want to have an intimate place for you to come and get both the business, but also the emotional support that it comes from having a close knit community that you can trust, where you can be vulnerable.
[00:23:26] And you can be honest about what you're going through and how you're growing. So, if you would like to be a part of this, you can apply at, we are brighter together com that link will be in the show notes. And I'm asking, can you do apply by October 21st? But if you are a fast action taker, which by the way are my favorite people, I will be giving a one hour clarity call for free to anybody who applies by the 18th.
[00:23:54]This will give me a time curate the groups before we start the first week of November. And this is exactly what you need to set yourself up to start 20, 21 strong, no matter what the year brings for us.
[00:24:10]you can get all the details and apply at. We are brighter together.com
[00:24:15]and please apply by October 21st. If you have any questions about it whatsoever ever, you can contact me directly on Instagram at Jamie M Swanson. Just send me a DM there. I would love to help you see if this is really going to be a good fit for you or not. And it's been a while since I mentioned this, but I want you to know that I also have a telegram channel for those of you who are listening, who really love what, and want to hear a little bit more from me behind the scenes and connect with me.
[00:24:46] So if you are interested in joining that
[00:24:48] check the show notes, and it'll tell you exactly how to join. okay. My friends, I am so excited about this and I just cannot tell you how transformational it has been for me to be part of a mastermind this last three and a half years. It's been especially important this past year as I've had to make massive pivots and start over in my business because of COVID frankly, I don't know if I would have had what it took without my friends there to support me through this because I didn't need more content.
[00:25:23] I needed support. I needed people who could rally around me and really remind me of that, who I was, what I'm capable of and encourage me when things get hard, it has helped me get through this year with optimism, despite all the setbacks, despite all the disappointments, despite all the really hard stuff that's happened.
[00:25:46] And I am so incredibly grateful for each of the people who are here on the podcast with me today, as well as all the other people in the mastermind who have stepped up and supported me, you know, who you are. And I can't tell you how thankful I am, and this is the kind of support and encouragement that I want for you.
[00:26:05] I would love to get to know you and your business. And I really genuinely hope that I will see you inside the brighter together. Masterminds would that my friend just remember we are brighter together and the world needs us. So let's go out and make it brighter.

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