The reason I'm so passionate about masterminds is that I have personally experienced the rapid growth that can come from asking the right questions in the right rooms.
The bottom line is, masterminds give you access to people who are both where you want to be and where you have been. You're able to learn the right steps to take to accomplish your goals without having to make the mistakes that others have to achieve the same goals. In this way, you're able to shortcut the path to success because you can clearly define the steps you need to take to accomplish whatever it is you want to accomplish.
I've experienced people in my masterminds receive valuable advice from myself and other members that gave them an ROI 10 times what they paid to be in the group.
The hard obstacle to overcome is a negative mindset.
If you've never participated in masterminds, you're probably asking yourself these questions:
"Why in the world would I pay money to be in a group of other _______________ (franchisees, franchisors, investors, etc.)"
"Why not put that amount of money somewhere else?"
"That sounds like a lot of money, how can I be sure I'll get an ROI?"
All of these are valid questions, but as someone who has seen the benefit of participating in masterminds, I decided to share my journey with you today! I hope you find it insightful!
The reason I launched the Franchise Tribe Mastermind for Franchisees (FranchiseTribe.com) and the brand new Franchisor Mastermind coming in January! (Get on the interest list here: https://form.jotform.com/213356704234148)
Never Stop Growing!
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Growth is much easier when you're surrounded by like-minded, driven people. The Franchise Tribe Mastermind is full of successful Franchisees who are looking to shortcut the path to success and add value to other people while developing a tight-knit community along the way.
Sound like a good fit for you? Check out FranchiseTribe.com for more info!
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Erik Van Horn is a franchising specialist, and expert in multi-unit, semi-absentee franchise business ownership. From entrepreneur to regional developer, and investor to consultant, Erik has worn many hats over the last two decades, which has provided him unique insight into complex aspects of the industry. If you're a franchisee, a franchisor, or one aspiring to be, subscribe to the Franchise Secrets channel and visit www.FranchiseSecrets.com for even more tactical and practical tools to help you buy, grow, and sell franchises like an expert.