Real estate investors educate themselves in many different ways. Some take the traditional route of attending college, while others read hundreds of books, attend seminars, and listen to podcasts as they self-educate and network their way to the top. There are as many routes to success in real estate as there are successful real estate investors, which is to say: thousands and thousands! However, after decades in this business myself as an investor, educator, and service provider, I have found one strategy to be “crème de la crème” of them all: The Mastermind.
The true value and power of an effective mastermind is extremely hard to quantify. How can you place a hard value on your network, measure not making the mistake that could have cost you your livelihood, or even begin to appraise the costs and benefits associated with having people around you, both knowledgeable and successful, whom you trust enough to bring up big issues in your life and your business in order to gain good advice and receive supportive, firm accountability? There is no way to put a price tag on a good mastermind.
How do you know what Mastermind is best for you?
When you find the right mastermind, your entire business and life will change. There is no doubt masterminds are an investment of time, money and discipline But if you put forth the effort the rewards yield infinity ROI!
Before joining a Mastermind ask yourself these 7 questions:
- What are the culture and core values of the mastermind and do they line up with mine?
- What is the mission of this mastermind?
- Am I the smartest person in the room?
- Will they hold me accountable?
- Can I trust these people?
- Do they ask good but tough questions?
- Will they help me reach my purpose?
This is my advice no matter if you consider the Good Success Mastermind or not please find one that fits you. It will be the best investment you have ever made! Click here for more information about the Good Success Mastermind.
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