40: How (and why) to Build Your Own Mastermind Group, Plus How You Join One With Fellow Side Hustlers

The Side Hustle Show

Nick Loper

Business, Education, Entrepreneurship, How To

4.7 • 1.6K Ratings

🗓️ 27 February 2014

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

I'm Nick and I have a confession. When I recorded this episode with Alex Barker from AlexBarker.org (The Leadership Dojo podcast), I had never been in any sort of formal mastermind group. Listen to the collective gasp in my blogger/podcaster/entrepreneur-type circles, that information is blasphemy! It's totally my fault. Masterminds are something I see huge value in but just never made a priority -- until now. In this episode, we talk all the details of what a mastermind is and why they're important for side hustlers. Alex knows a thing or two about the topic, having written the book on the subject: Hangout and Grow Rich: How to Build Your Virtual Mastermind in 30 Days (which he generously offered for free to Side Hustle Nation if you visit his site and send him a message). Subscribe to The Side Hustle Show on iTunes! Subscribe to The Side Hustle Show on Stitcher! Learn: What a mastermind is. ("Your personal board of directors.") What I picture when I hear the word "mastermind." Why you should have one. How to set it up (where to find potential members). The technology to run the meetings. The 4-part structure/format of the meetings so everyone benefits. Alex's #1 tip for Side Hustle Nation. Links: AlexBarker.org Dan Miller | 48 Days to the Work You Love Hangout and Grow Rich on Facebook Fire Nation Elite Mike Kawula Alex's Udemy course (Use code SIDEHUSTLE for 50% off!) Have you ever been in a mastermind group? Did you get value from it? Let me know in the comments below, and I'm especially curious if you'd be interested in joining an upcoming group specifically for side hustlers. Ready to get your hustle on? Check out the details here and fill out an application.

Transcript

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0:00.0	This is the Side Hustle Show with Nick Loper, episode 40,
0:02.8	how to build your own virtual mastermind and why you need to do it.
0:06.8	Welcome to the Side Hustle Show,
0:10.1	where aspiring part-time entrepreneurs learn how to turn their side hustle dreams into reality
0:15.4	Because your 9-to-5 may make you a living but your 5-9 makes you alive
0:20.7	And now your host, Nick Loper.
0:25.0	Hey everybody,
0:30.0	Nick Loper here. Welcome to the Side Hustle Show. This is episode 40, How to Build a Virtual
0:35.4	Mastermind and Why You Need To. My guest is Alex Barker from Alex Barker.org and The Leadership
0:42.4	Dojo Podcast,
0:43.7	definitely somebody worth checking out.
0:45.7	So I was originally connected to Alex through a podcaster's Facebook group
0:49.8	and was curious to learn more about master mining,
0:52.1	so invited him on the show.
0:54.0	Now before we get into it, I want to hear from you, the side hustle listeners,
0:59.3	whether or not you're actively involved in a mastermind group.
1:01.9	If you are, leave a comment on this episode. It's
1:05.4	Sidetostalnation.com.
1:06.8	Episode 40 and share what kind of value you get out of it. And if you're not in a
1:11.5	mastermind, stick around to the end of the show and I'll share an opportunity
1:14.8	for you to jump in one. You'll hear me, you're going to hear me say on the call that at the time of this
1:19.6	recording I've never been in any formal mastermind group which is you know I've gotten a lot of
	...

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