10 Minutes: Wins (round table) 40 Minutes: Hot seat (one person - group is brutally honest in feedback) 10 Minutes: Goals (that you are committing to have done by next week) Designate leader (usually the person who was in the hot seat last week) FB Group
Great content! I'm interested in starting a mastermind and your channel was a great place to start. Btw... I love "The School of Greatness" shirt from 8 years ago. I went to Lewis' Summit this year and got that same shirt lol.
Outstanding production on this Pat! The format you're covering here is basically what we're using ourselves. One thing that we're using that you didn't mention is Slack - we're all Slack users and we've set up a specific team just for our mastermind where we keep the discussion going during the week and keep track of call notes etc.
Hi Pat! I just started my first group yesterday with an old friend. I didn't look at any instructions before making the rules, but it turned out to be quite similar to what you talked about on the video.
Pat, I appreciate your comment. What do you think about regular meetings in a cafe or restaurant? You can book a room for 5 people and it won't be noisy. Also it would be good to meet weekly or monthly face to face.
Thanks man, very interessting! I like the format of the Mastermind Group called "Social Zebras". You find them also on UA-cam, where they share their life experiences.
LOL rammed. Thanks for this Pat, I tried to create a mastermind before and it totally feel apart bc of no structure. But also, the people weren't really on the same page. So I have a question: do you pay for your mastermind groups? How do you find people who will actually show up? I feel like its an experiment to find the right people to mastermind with, or can it be more laser focused?
I feel like these are all really great points and questions- it's a shame they seem to have gone without response. If you end up ever seeing this, would you mind sharing what insights/opinions/conclusions you've came to since you asked this 6 years ago (or anyone else who sees this, really, please feel free to share if you feel moved to)? Did you ever manage to assemble an effective team? If so, what would your advice be on what to strive for or to avoid? I'd be appreciative for your insight. I have the same problem in regards to finding people who have been genuine in their interest when attempting to form non-'mastermind' groups in the past (or at least for longer than one meeting or 15 minutes of one... honestly, you'd think they were children... why even agree/show interest and waste everyone's time, including their own? C'est la vie, I suppose... and I digress, lol). Anyhow- either way, these are great concepts to think about when researching this sort of project, so thank you!
Yes it happens that all people in the master mind group are facing different directions. Today I learned the importance of being the leader in my mastermind group. Many times, each member is feeling awkward and not sure how to behave. Regular nurturing, motivation, appreciation and showing them the way in a loving, non judgemental manner helps to bring everyone together. Above all it is crucial to remind WIIFM and the mission of the group.
It seems that a lot of mastermind groups require a buy-in because you then have more "skin in the game. Do you have a buy-in structure for any of the mastermind groups that you're a part of? I'm thinking of starting a mastermind group myself, but I'm just starting out and don't really have the money at this point.
Hey Pat I’m curious to ask a question after 3 years of you posting this. You have been in many masterminds and how many touch points or meetings do you find beneficial? There are some that do weekly, monthly, or only 2-3 times a year. Thanks!
how do you get members for your group, do you charge, if so how much and what is the money used for? I see some mastermind groups that have a monthly fee
A group of accomplished people value their time. You want a free invite to sit at the table of experience....you have the wrong mindset. You need to pay....it will be worth the expense to move you forward
Maxim Sherstobitov I'd recommend 2-5 so you each don't have to wait too long between hotseats. Any larger and you wait a while and people will forget where you were or what you had issues with before.
Great content and very timely for me and by business! Question for you... I know you're supernatural on camera, but do tell me... are you using a teleprompter for this video or are you just THAT good? I'm a bit jealous, eh eh! Keep up the great work. We totally appreciate you!!
Hi Pat, thanks for some great info! I'm super-stoked about starting my first Mastermind group. There are a total of 6 of us and we'll be starting soon. One question, we've decided to meet every other week rather than every week. Do you think this can still be effective or would you recommend pushing for weekly?
trinston13 3 months is a good time commitment Trinston. This way, you can ask your potential members to commit to a time frame and hopefully prevent people from joining who would end up leaving the group later. I answered that question and a few others on my epic guide to mastermind groups: alexbarker.co/the-ultimate-guide-to-create-your-mastermind/
*The objective* is deliver better personal outcomes thru shared intelligence (peer to peer mentoring). *The approach* is devolving your internal process into an external process for easier transparency, accountability and performance Management. *The barriers to successful deliver* We all don't review ourselves properly in internal process ; we don't make good initial choices or plans, we don't execute properly our choices our plans, we certainly don't acknowledge our mistakes in execution or from original choices, we don't complete necessary actions we don't complete review inflight through out process and we don't ultimately complete actions with any real performance (faster better delivery with more efficiency) *Internal process* you should set yourself for success is a goal, create a plan to get to goal execute plan steps rigorously review plan iterations, monitor actively each execution for both success and failures (both against the overall plan and plan step) with failures apply proper rework or apply good lessons learnt (to mitigate future failure) with success you need to move forward having completed against the plan avoid delay and procastination *External process* ensures by articulating you no longer can not ignore or undermine your plan by in-built bias and lack of discipline. The group should feedback on your plan, they may or may not actually work with you offline after meeting so the meeting is your review and baseline to keep on track with your plan. *I also think you can't invite everyone to group* - most people want help but most are also not prepared to give help. They are selffish (only there for themselves) if you can filter them out before they join group. You let these unworthy people in you will find the group doesn't have a shared mindset and high performance dynamic (to help others first regardless of return to them). True mentoring in other words
10 Minutes: Wins (round table)
40 Minutes: Hot seat (one person - group is brutally honest in feedback)
10 Minutes: Goals (that you are committing to have done by next week)
Designate leader (usually the person who was in the hot seat last week)
FB Group
Great video Pat! I've just started a Mastermind Group so this is perfect timing.
Thanks for all of your inspired wisdom, Pat! We muchly appreciate you, brother!
Great content! I'm interested in starting a mastermind and your channel was a great place to start. Btw... I love "The School of Greatness" shirt from 8 years ago. I went to Lewis' Summit this year and got that same shirt lol.
Starting my first mastermind after being a part of two this year. Thank you for this (4 years later)
4:10 LOOL Pat you dawg. Love your podcast, brilliant information. I am starting my own mastermind group, gonna make a video on that soon
Thank you for sharing your ideas and tips!!! About to start my group tomorrow and this is very helpful!!!
Outstanding production on this Pat! The format you're covering here is basically what we're using ourselves. One thing that we're using that you didn't mention is Slack - we're all Slack users and we've set up a specific team just for our mastermind where we keep the discussion going during the week and keep track of call notes etc.
Hi Pat! I just started my first group yesterday with an old friend. I didn't look at any instructions before making the rules, but it turned out to be quite similar to what you talked about on the video.
Great episode Pat!
4:15...hilarious.
Very good tips Thank you! Starting a group in 2 weeks... YIKES!
Great content as usual Pat and great timing for this video. I am planning to start a mastermind group soon.
PAT!! Love you man. I know you are/were in one with Mr. Ravenscraft, but did you say what the ideal size of the group should be? Amount of members?
Pat, I appreciate your comment. What do you think about regular meetings in a cafe or restaurant? You can book a room for 5 people and it won't be noisy. Also it would be good to meet weekly or monthly face to face.
Thanks man, very interessting!
I like the format of the Mastermind Group called "Social Zebras".
You find them also on UA-cam, where they share their life experiences.
Very nice audio! Also very nice content as well. Hopefully I catch you at NAB this year.
Taylor Jackson Hope to see you there! I'm doing the keynote at NMX on Tuesday at 4:00pm!
Pat Flynn is there a way to attend just for that talk without getting a full conference pass? I just have the 3 seminar pass for NAB
Pat Flynn Awww I thought you'd be speaking monday Pat, I think I'll be on the road already:(
is there a mastermind group for those who run mastermind groups?
Thank you for the inspiration.... Im starintg my group tomorrow!
LOL rammed. Thanks for this Pat, I tried to create a mastermind before and it totally feel apart bc of no structure. But also, the people weren't really on the same page. So I have a question: do you pay for your mastermind groups? How do you find people who will actually show up? I feel like its an experiment to find the right people to mastermind with, or can it be more laser focused?
I feel like these are all really great points and questions- it's a shame they seem to have gone without response. If you end up ever seeing this, would you mind sharing what insights/opinions/conclusions you've came to since you asked this 6 years ago (or anyone else who sees this, really, please feel free to share if you feel moved to)? Did you ever manage to assemble an effective team? If so, what would your advice be on what to strive for or to avoid? I'd be appreciative for your insight. I have the same problem in regards to finding people who have been genuine in their interest when attempting to form non-'mastermind' groups in the past (or at least for longer than one meeting or 15 minutes of one... honestly, you'd think they were children... why even agree/show interest and waste everyone's time, including their own? C'est la vie, I suppose... and I digress, lol). Anyhow- either way, these are great concepts to think about when researching this sort of project, so thank you!
Yes it happens that all people in the master mind group are facing different directions.
Today I learned the importance of being the leader in my mastermind group.
Many times, each member is feeling awkward and not sure how to behave.
Regular nurturing, motivation, appreciation and showing them the way in a loving, non judgemental manner helps to bring everyone together.
Above all it is crucial to remind WIIFM and the mission of the group.
Hey Pat! Awesome content, as always. Can you make a video on monetizing mastermind groups?
It seems that a lot of mastermind groups require a buy-in because you then have more "skin in the game. Do you have a buy-in structure for any of the mastermind groups that you're a part of? I'm thinking of starting a mastermind group myself, but I'm just starting out and don't really have the money at this point.
Good question
Hey Pat I’m curious to ask a question after 3 years of you posting this. You have been in many masterminds and how many touch points or meetings do you find beneficial?
There are some that do weekly, monthly, or only 2-3 times a year.
Thanks!
how do you get members for your group, do you charge, if so how much and what is the money used for? I see some mastermind groups that have a monthly fee
Good question
A group of accomplished people value their time.
You want a free invite to sit at the table of experience....you have the wrong mindset.
You need to pay....it will be worth the expense to move you forward
Really useful talk Pat. Thanks so much for the insight.
For how many min do you recommend each hot seat to be? 1 person in 40 min, 20, 10?
I am liking and subscribing just for that hilarious cut at 4:15 :D
Hi Pat, love the vids and I have a birthday coming next week. Have you ever sneezed in a vid?
Thanks 😊 that's awesome 👌
Hey, Pat, I have no experience in forming a business. Nor do I have any.
Hi Pat, how many people would you suggest to be part of this mastermind? Why?
Maxim Sherstobitov I'd recommend 2-5 so you each don't have to wait too long between hotseats. Any larger and you wait a while and people will forget where you were or what you had issues with before.
Great content and very timely for me and by business!
Question for you... I know you're supernatural on camera, but do tell me... are you using a teleprompter for this video or are you just THAT good? I'm a bit jealous, eh eh! Keep up the great work. We totally appreciate you!!
Do you guys sign NDA’s?
Great idea and presentation! Thank you...
Hi Pat, thanks for some great info! I'm super-stoked about starting my first Mastermind group. There are a total of 6 of us and we'll be starting soon. One question, we've decided to meet every other week rather than every week. Do you think this can still be effective or would you recommend pushing for weekly?
thanks for this info. Creating a mastermind group for professional sales associates in Minneapolis MN based on your model.
How long do mastermind groups usually last?
trinston13 3 months is a good time commitment Trinston. This way, you can ask your potential members to commit to a time frame and hopefully prevent people from joining who would end up leaving the group later. I answered that question and a few others on my epic guide to mastermind groups: alexbarker.co/the-ultimate-guide-to-create-your-mastermind/
Thanks. Very helpful.
Great content!
Love this thanks man
Great video.
10 min: wins
40 min: Hotseat
10 min: Goals
*The objective* is deliver better personal outcomes thru shared intelligence (peer to peer mentoring).
*The approach* is devolving your internal process into an external process for easier transparency, accountability and performance Management.
*The barriers to successful deliver* We all don't review ourselves properly in internal process ;
we don't make good initial choices or plans,
we don't execute properly our choices our plans,
we certainly don't acknowledge our mistakes in execution or from original choices,
we don't complete necessary actions
we don't complete review inflight through out process and
we don't ultimately complete actions with any real performance (faster better delivery with more efficiency)
*Internal process* you should set yourself for success is
a goal,
create a plan to get to goal
execute plan steps rigorously
review plan iterations, monitor actively each execution for both success and failures (both against the overall plan and plan step)
with failures apply proper rework or apply good lessons learnt (to mitigate future failure)
with success you need to move forward having completed against the plan avoid delay and procastination
*External process* ensures by articulating you no longer can not ignore or undermine your plan by in-built bias and lack of discipline.
The group should feedback on your plan, they may or may not actually work with you offline after meeting so the meeting is your review and baseline to keep on track with your plan.
*I also think you can't invite everyone to group* - most people want help but most are also not prepared to give help.
They are selffish (only there for themselves) if you can filter them out before they join group.
You let these unworthy people in you will find the group doesn't have a shared mindset and high performance dynamic (to help others first regardless of return to them).
True mentoring in other words
I'm sorry, you're getting what? 4:12
Mmmh, getting rimmed. Love it
beep lol