039: Why Joining a Mastermind Group Will Benefit You [Podcast]

It happens to all of us: we want to grow and succeed, but on our own, we are often left frustrated and disappointed. Being involved in a mastermind group may be the perfect solution.

In this episode of The Portfolio Life, my co-host Andy Traub and I talk about the benefits of mastermind groups and how they have the potential to shape who we are.

When encouraging people to grow, I have often suggested finding a mentor. Turns out that wasn’t the best advice to be doling out. While having a mentor isn’t a bad thing, it’s not necessarily the best use of our time. It often leads to high expectations followed by frustration.

Instead of finding a mentor, becoming involved in a mastermind group is a better first step to help you develop personally.

You are the average of the five people you spend the most time with. –Jim Rohn
Listen to the podcast

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Show highlights

In this episode we discuss:

What a mastermind is and what it is not
The benefits of a mastermind group
Healthy parameters for starting a group
The growing popularity of online mastermind groups

Resources mentioned in the show

How to Start a Mastermind Group by Tyler Ward
Think and Grow Rich by Napoleon Hill (affiliate link)