Podcasts Business Ray Edwards Show 5 Reasons You Need A Mastermind

5 Reasons You Need A Mastermind

Published: Aug. 28, 2017, 10 a.m.

Most people have heard of a mastermind, but they don\u2019t truly understand the power masterminds produce or how to correctly participate in one.

Even fewer people know the five reasons you need a mastermind\u2026that and more will be revealed in this week\u2019s episode.


Click here to download or listen to this episode now. Spiritual Foundations

Peter Drucker is famous for asking these two questions: \u201cWhat business are you in?\u201d\xa0 and, \u201cHow's business?\u201d

Business is good.

I\u2019m not talking about having more customers or how fat your bottom line is\u2026I mean business is morally good.

Business is not morally neutral\u2026it is inherently good.

If you read through the Gospels, you'll notice that Jesus uses business and wealth as a method for teaching the principles of the Kingdom to His followers more than He uses any other subject.

In this episode we\u2019re going to show you what it really means to be about your Father\u2019s business.

Tip of the Week

Before I can serve my business, I have to serve you\u2026my audience. I have to produce valuable content that you find interesting and valuable, and that\u2019s exactly what I\u2019m doing on my YouTube channel.

There's a ton of great content there and more to come. What would be awesome is if you subscribe to the channel. When you subscribe, you'll see a little bell icon. You want to click on that. That way you'll get a notification when I put out a new video. I welcome you to leave comments there and let me know what other stuff you'd like to hear about or see on that channel.

I want to give a shout out to my new friend, Nick Nimmin. I watched his stuff for quite some time and decided, \u201cI want to engage this guy to help me grow our channel,\u201d so I did. I brought him in to do a little coaching and consulting, and he's really been helpful. If you are interested in building a YouTube channel, definitely check out Nick's channel.

Feature Presentation: \u201c5 Reasons You Need A Mastermind\u201d

A little over a week ago, we hosted our affiliate mastermind meeting in Coeur d'Alene, Idaho, at the Coeur d'Alene Resort. This was a meeting of our top affiliate partners from our launch of the Copywriting Academy earlier this year and it included:

  • Mike Kim: Branding Strategist Extraordinaire
  • John Nemo: LinkedIn Expert
  • Mark Timm: Leader of Ziglar Family
  • Ernie Svenson: Master of Paperless Productivity
  • Jeff Bullas: The World\u2019s #1 Business Blogger

Why am I telling you about our affiliate mastermind? Because it really underlined for me the value of mastermind meetings.

Here are the Five Reasons You Need A Mastermind:

  1. Clarity
  2. Collaboration
  3. Critique
  4. Caution
  5. Confidence

Here are some snippets from our conversation:

  • The brilliance of mutual benefit \u2013 What a mastermind actually is and how it harnesses the power of the third mind (15:40)
  • Speaking their language \u2013 The surprising ancient origins of the mastermind\u2026you\u2019ve never heard this before (16:35)
  • You\u2019re inside the bottle \u2013 Why you need others to help you avoid pitfalls caused by your blind spots (18:51)
  • I can see clearly now \u2013 How you can ignite the fuel of ambition in your life and business (20:19)
  • Many hands make light work \u2013 How working together makes your yoke easy and your burden light (22:16)
  • Brutal compassion \u2013 Why vulnerability and the creation of a \u201csafe space\u201d lead to answers you would never find on your own (22:37)
  • Running east in search of a sunset \u2013 How a mastermind can save you from the peril of unrealistic optimism and keep your business from running off the tracks (24:55)
  • Your most important asset as an entrepreneur \u2013 Why you must protect your confidence at all costs (25:52)
  • Keep it real \u2013 Why authenticity is your biggest advantage in the marketplace (27:08)
  • The Impact Factor \u2013 Why sharpening your critical thinking skills can be the difference between running a business and making an impact (27:57)
  • Who are you hanging around with? \u2013 How to avoid the extreme danger of staying confined to your own universe and thinking you've got it figured out (28:51)
  • The power of generosity \u2013 Poor minds compete with one another, rich minds empower each other (30:38)
  • Birds of a feather \u2013 If you want to fly like an eagle don't hang out with turkeys (31:16)
  • Become an action figure \u2013 Why education without endeavor won\u2019t get you very far (31:30)
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