MBA1054 5 Reasons Masterminds Fail

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.9 • 1.2K Ratings

🗓️ 24 July 2018

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mastermind groups can be a fantastic way to get and give valuable advice, accelerating your growth as an entrepreneur. These small groups of industry peers are more and more common, as entrepreneurs reach out to each other for help, support, and understanding.

Transcript

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0:00.0	Heyo! Welcome to the $100 R&B show because when the going gets tough the tough get learning
0:15.3	that's why we deliver daily 10 minute business lessons for the real world I'm
0:20.0	your host your coach your teacher Omar's at home.
0:23.2	I'm also the co-founder of the $100 MBA,
0:26.2	a complete business training and community online
0:28.5	over at 100 MBA.net.
0:31.4	And in today's lesson you will learn the five reasons why masterminds fail.
0:36.0	I've been a part of a lot of different masterminds.
0:39.0	Some of them have been incredibly helpful and some not really that much. I want to give you from my own
0:45.3	experience why masterminds just don't work out. What are the things that make it
0:49.6	breakdown and just not work? There's a lot of things you actually have to do to make it work.
0:54.0	And if you don't pay attention to these details, unfortunately you're going to find yourself
0:58.0	wasting a lot of time meeting with a group of people and getting very little benefit out of it.
1:03.4	The whole point of a mastermind is to meet with people on a regular basis so you can learn
1:08.6	from one another, support each other, and motivate each other.
1:12.0	But sometimes that doesn't happen. Why? That's what we get
1:15.5	into in today's episode so you can steer clear. So let's get into it. Let's get down to
1:20.5	business. Today's episode of the hundred RBA show is supported by PODIA.
1:31.0	PODIA helps thousands of creators earn money from their passion.
1:35.2	It's an all-on-one digital storefront that you can sell courses, memberships, and digital downloads
1:39.7	in one place.
1:41.2	It's the most creator-friendly platform on the market with zero transaction fees
	...

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