Episode 279: TMBA279: Can Your Mastermind Offer Insurance Against Failure?
Tropical MBA: Entrepreneurship & Founder Lifestyle
Dan Andrews; Ian Schoen
4.9 • 527 Ratings
🗓️ 29 January 2015
⏱️ 20 minutes
🧾️ Download transcript
Summary
http://www.tropicalmba.com/nofail/ Today's episode is all about facilitating high level masterminds, and nobody does it better than Taylor Pearson. It can be hard to figure out what it takes to succeed. Masterminds put you in a position to surround yourself with people who have common goals and will not allow you to fail. This is old school block-and-tackle business strategy. We're talking about what is important to consider when structuring a mastermind, success stories from the groups that Taylor has spearheaded and some of the most useful tools for organizing an effective mastermind group.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Okay, I can see you all on the video. It's 8 a.m. Dan, you're up first, progress, and |
| 0:04.8 | biggest problem, biggest opportunity. Okay, so last week I committed to finishing the beta |
| 0:09.8 | reader feedback on Chapter 4, and I did complete that. However, I did run into some problems. |
| 0:22.1 | Hey, podcast, listener. |
| 0:26.1 | Even if you are alone in your entrepreneurial journey, know that today, right now, |
| 0:30.2 | in your earbuds, you are joined by thousands of entrepreneurs from all around the globe seeking to grow better, more profitable, location independent businesses. |
| 0:35.0 | If you'd like to learn more about what we do and download our |
| 0:38.2 | entire back catalog, check out tropical MBA.com. |
| 0:48.1 | I was at Starbucks this morning and you know how they got all those delicious donuts and |
| 0:52.5 | for whatever reason I just needed some fuel. I felt like I couldn't do my morning work if I didn't order something. And there was the donut there with the chocolate on top. And it looked amazing. And I got the oatmeal. It doesn't happen very often. But this morning, I got the oatmeal. Because I was thinking, I'm going to work out today. I'm going to do great work today. |
| 1:11.1 | I need quality fuel. Hopefully this episode is like that. It might not be as delicious as the chocolate |
| 1:18.2 | covered donut. This is old school block and tackle business strategy. There's like three |
| 1:25.1 | strategies that are almost guaranteed to work that are just difficult |
| 1:29.0 | to execute because they require you to eat the oatmeal to choose the thing that might not be |
| 1:34.8 | as immediately delicious, but will contribute to long-term success. I'm talking about hiring. I'm |
| 1:39.6 | talking about processes. And I'm talking about getting yourself into high quality relationships that are honest |
| 1:45.1 | and push you forward in your life and that's what today's episode is about it's about facilitating |
| 1:50.0 | high quality masterminds there's nobody I know who does it better than Taylor Pearson from |
| 1:54.9 | taylor pearson dot me so I think that there's two things me. |
| 2:06.9 | So I think that there's two things that have always attracted me to masterminds. |
| 2:10.6 | The first is it can be really hard to figure out what it takes to succeed. |
| 2:13.1 | And another way to look at that is what does it take to not fail? |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Dan Andrews; Ian Schoen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Dan Andrews; Ian Schoen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.