Why Are You In Multiple Masterminds? How Do You Keep Up With The Commitment?

AskPat 2.0: A Weekly Coaching Call on Online Business, Blogging, Marketing, and Lifestyle Design

Pat Flynn

Business Advice, Marketing, Podcasting, Getting Started, Business Strategy, Business, Small Business, Passive Income, Online Entrepreneurship

4.9 • 638 Ratings

🗓️ 10 April 2014

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's question comes from Ted, who wonders how I keep up with all the mastermind groups I belong to—and why I belong to several in the first place. Ted's site is http://purposepodcast.com/. Do you have a question about running your small business? Record it at http://www.askpat.com/. Today's episode is sponsored by FreshBooks. Go to www.GetFreshBooks.com/ and enter "Ask Pat" to learn more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	AskPath. AskPat.com.
0:10.6	What's up, everybody? This is Pat Flynn, and welcome to episode 58 of Ask Pat. I'm so stoked
0:15.7	to you here. And just thank you for all the amazing questions that are coming in. You have
0:19.1	questions about online business. I have the answers. Today's question comes from TED. But before we get to that, I want to
0:24.9	mention that today's sponsor is FreshBooks, the simple, easy to use mobile-friendly cloud
0:29.8	accounting software you can use to organize all of your finances, create beautiful-looking
0:34.3	invoices with just a click of a button and manage all of your business stuff.
0:43.2	Something I wish I got in tune with much sooner than I did because it's just great software.
0:46.1	Start using it now so you can start focusing on your business.
0:50.9	Head on over to getfreshbooks.com and enter Ask Pat in the how did you hear about a section.
0:55.7	And you can try Fresh Books for free for 30 days. Thank you for listening to the show. Now, today's question, like I said, comes from Ted, and it's about mastermind groups.
1:00.1	So let's hear from Ted. Hi, Pat. This is Ted Sarvata from purposepodcast.com. I have a question
1:06.4	about mastermind groups. I loved your show with Jamie Tarty about masterminds, and I'm curious about why you're in multiple mastermind groups. I loved your show with Jamie Tarty about masterminds, and I'm curious about why
1:12.3	you're in multiple mastermind groups. Is it possible for you to do all the work that you're
1:17.3	committed to in each of those three groups? Are you committing to different things? And why are you
1:21.4	in different groups? Love to hear your answer. Thanks. Ted, thank you so much for the question.
1:26.9	And it's actually a really interesting question.
1:29.0	I haven't heard it ever phrase that way.
1:30.6	I do often get the question how, you know, why are you in so many mastermind groups?
1:34.6	But I've never heard the sort of second part of your question before, which was,
1:38.0	do you think you can keep up with all the different commitments that you're making in each of them. You know, and first of all, let me just talk about why I'm in multiple, multiple mastermind
1:45.4	groups.
	...

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