I Must Love Masterminds

Guest Contributor: Michael Lipp
Michael's Posts - Michael's Blog


I am fortunate to be mentored by Jay Abraham (probably the foremost marketing and personal/business development mind in the game.) Several hundred participate in his monthly calls on developing passive income streams.

As you know, I belong to two masterminds. I should tell you, having nothing to do with masterminding that in my international group there is now a new mother and an about to be mother. I'm 71.

I've set up and just had my first meeting of a third, brand new mastermind, comprising people in my mentoring group. There are 10 of us. Our objective is to support ourselves in developing passive income opportunities. We assume that not all of us will make the call each time, but I've arranged to have them recorded. We know this will give the rotating time keeper a great deal of responsibility. The time allocated for each of us can change each call (every other week.) By the time my next article is written we will have completed our first two two sessions, in which five of us introduce ourselves each time - and we'll have gotten down to work.

Each session will start with anyone who needs time requesting it and with anyone with no requests for coaching to bow out for the call. Like I said, this will certainly train the time keeper in time management.

Why not have more than one?---One for general entrepreneur activities, one for furthering our commitments to make a difference in the world and one to develop passive income streams... well worth three hours a month.