NOREIA Mastermind Group
Our mastermind group (meets 1st Thursday of each month) is a meeting of highly motivated real estate investors that share a common goal and are looking to encourage and help each other do more business and make more money.
That’s basically the definition of what we talk about when we “mastermind” on the 1ststt Thursday of each month.
Mastermind groups have been around for a long time, but the phrase “mastermind group” was first coined by Napoleon Hill in his book Think and Grow Rich. According to Hill, a mastermind group is a “co-ordination of knowledge and effort, in a spirit of harmony, between two or more people, for the attainment of a definite purpose.”
Successful people have been meeting together in “group collaboration” for centuries.
This method ensures that each person has the chance to participate. By rotating through the members, each one of us will get a chance to hear advice from the other members on their specific situation. Come prepared to share and learn.
- We will ask you to share something that is working well.
- A real estate related issue that you would like help with.
- Or a resource (website, app, service, blog post) to share with the group.
This mastermind meeting is great for making a huge impact, and gaining some momentum that can last several months.
However the agenda of the group plays out, again it is important that the time is spent intentionally, and that everyone gets an equal opportunity to seek help from the rest of the group.
It is the temptation of many entrepreneurs to try to go it all alone. However, as poet John Donne wrote in the 17th century: “No man is an island”. By tapping into the minds of several like-minded individuals, a group member experiences the following benefits:
- Accountability to think ahead and make a plan until the next meeting
- Accountability to act upon that plan
- Feedback and constructive criticism from others who want to see you succeed
- Insight you might not have otherwise gained
- Access to new resources
- Motivation to grow and avoid stagnation
When you plug into a network of people with similar goals and the desire to help each other, you plug into something that you aren’t likely to get any other way. When you expose yourself to a mastermind group, you benefit from the differing perspectives of the other group members, which bring about insight that you otherwise wouldn’t have been privy to.
Entrepreneur and author Timothy Ferriss states: “I don’t think people need more motivation. I think they need more feedback and accountability, that’s it.” I would venture to say that feedback and accountability, such as what is found in a mastermind group, tend to provide the type of motivation that makes a difference.
Direct topics, questions or concerns to programming@neworleansreia.com
Our Mastermind is always limited so be sure and pre-register to join us on the FIRST THURSDAY OF EACH MONTH at the Wyndham.