Build a multi - million dollar business?

From Mindset to Marketing to Traffic to Mobile Apps to Building Businesses to Life In General...

Learn How I Do It All...Just Enter Your Email Below!

  • Home
  • About
  • Products
  • Consulting
    • Online Advertising Company
    • Internet Marketing Strategies
    • Media Buying Consultant
    • Social Media Marketing Consultant
  • Events
  • Blog
    • Entrepreneurship
    • Marketing
    • Mindset
    • Traffic
    • Life
    • Cool People
    • Brain Warp
  • Contact

The importance of a mastermind

September 17, 2009|Life,Marketing8 Comments

In the world of affiliate marketing and internet marketing everyone seems to be holding onto their “secrets” for dear life.  As if NO ONE in the world has thought of that idea. Seriously? (yeah yah…some of my ideas I know people have never ever thought of, but at least 80% of what you’ve thought of has already been implemented or thought of.)

Anyway, I was always VERY reluctant to share anything with anyone. But then I thought to myself, “umm why hold back”.  Honestly…why?

I had no valid reason besides the fact that I if I do share ideas and practices with others it creates competition for myself.  But, by the time I create competition for myself I would have thought of at least 500 other ideas that I want to do.  If you’re like me and just have a crazy brain that just rambles on and on about ideas and concepts you want to try, then you know what I’m talking about.

So I decided to join a mastermind because I have heard SO many people saying that they are great. I first tried a mastermind in 2005 with some people.  It had about 10 or so people in it. But these people were from all different markets, different marketing tactics and income levels.  Some even newbies, which I didn’t know until later.  This group was great but it seemed more of an “idea stealer” group than an actual mastermind.  Masterminds are supposed to be groups that take your ideas and help you implement them on a larger scale or just provide feedback on how to improve your process/funnel.  But in this one, as soon as I gave out a couple ideas for products and concepts I was working on,  I  noticed a month later it was a product or some wacky ebook.  Pretty f’ed if you ask me.  So I decided to ditch that mastermind and go back to what I do best.

Implementing.

As the years went on, I started to become more introverted and to myself. I didn’t share any tactics with anyone and I noticed that when I did, it would be thrown up on the internet somewhere in some IM guru video or some bullshit like that.  So I went even deeper into my dark cave and literally didn’t tell anyone anything about what I do.

But then it hit me, I was doing EVERYTHING myself.  From building sites, to putting up campaigns, to optimizing and tracking.  I had to get out of this shit.  I was literally killing myself – working 16 hours a day and shutting everyone else out. It was affecting my health, my personal life, and so much more. Not good.

So I decided to start hiring more people locally in San Diego.  But I had to hire people who fit my style. Not people who are just smart. I think it’s extremely important to hire people who are “cool with you”.  Not just MBA grads and people who want money. You need employees who are loyal.

For example, we play mini basketball in the office, we have a chef that cooks for us, we play nerf dart gun wars and all sorts of crazy stuff. The environment is GREAT.

Right around that time, I joined forces with my current business partner, who is the ONLY guy I met in my life where I can throw ideas off of and get some even more creative feedback back from him.  Then we hired about 7 more people along our journey.

This turned into a big of chaos as we hired these 7 people in a short time.  Short as in 2 months.  It was pure chaos with everyone doing everything and no real structure.  Until we hired some other people to help manage it all.

With so many ideas and projects going on, we needed an outlet to let all our knowledge out. That’s when we had our Magic Bullet Seminar.  The seminar was literally no holds bar information that just blew the audience away.  When we said we’re giving everything away, we literally did.  Why? Because each of the audience members paid $4,000 to attend this seminar and people who qualify deserve this information.  These are Do’ers not Dreamers.  There is a huge difference.

At the seminar, we had a sick lineup of speakers -  Keith Baxter,  Jon Jonas, Jonathon Van Clute, Gauher Chaudhry, and so many more. These guys are on point.

There are a couple others whose names I won’t mention as they are pretty underground and not sure if they want their names released.  So anyway, a group of 7 of us decided we need to make a difference in this world and think bigger than any of us imagined. We went up to a hotel/spa place up in Ventura County, CA.  We had so much synergy together and the ideas that were coming out were just insane.  We were literally HELPING each other with our businesses instead of trying to figure out how WE can do it ourselves.

That’s the way a mastermind should work.

When it comes to masterminds, I think that you should look for people who are smarter than you or around the same level.  That way you can mastermind with people who are LIKE YOU and have business at the same stage as you.

Can’t find people, or don’t know people? Try Craigslist or try Meetup.com.

But I do think that this is a HUGE part of anyone’s business to be able to bounce ideas off people who are at the same level or a little higher than you.

Facebook comments:

7 Responses to The importance of a mastermind

  • Peter Dudek September 17, 2009

    Hi Amish,

    I TOTALLY agree with you about the importance of having a mastermind group. I was in Frank Kern’s Platinum Mastermind Group and it changed my life for the better. I know it was a major career-building step for most of the members of the group too.

    Even though the group’s sponsorship by Frank was only for 1 year, we’ve decided to keep the group together as the “Plasterminders.”

    Reflecting on my experience with Frank’s Platinum Mastermind Group and comparing it to my experiences of just attending seminars, I decided to make a video. I’m not a very articulate speaker, but I tried to make the point that Masterminds are WAY better than just going to seminars. The video (NOT SELLING ANYTHING) is here: http://www.trustedgurus.com/MastermindsVideo.html.

    Respectfully submitted,

    Peter Dudek

    P.S. The Magic Bullet Seminar was INCREDIBLE! Thanks for putting it together!

    Reply

  • Jay Deiboldt September 17, 2009

    That’s exactly why I’m glad I had the opportunity to meet and become friends with you and the team bro.

    You’ve taught me a way of thinking that I may have never figured out on my own. The way to become successful is def to surround yourself with those more successful or skilled than yourself, and absorb everything you can.

    Reply

  • Mark Olson September 17, 2009

    Thanks for putting on MB. It was awesome.

    Reply

  • Teddy Kasche September 17, 2009

    Once in a while you read something or hear something that really seems to be speaking to your directly. This blog post is no exception.
    What you say is very true and I can identify with your experiences going back to 2005. Looking forward to following your blog.
    Teddy

    Reply

  • Jason Braud September 18, 2009

    What up Amish,

    Mastermind groups are a MUST! I’ve always wondered if the stealing of ideas happens in real life.. WTF man.. thats messed up that they did that! Your right though you just have to be careful who your friends are cause in the Internet world an IDEA can be worth a Million dollars.. Great stuff Amish, keep it coming..

    Jason Braud

    Reply

  • David September 20, 2009

    In The importance of a mastermind by Amish on September 17, 2009
    I think you mean that the lineup of speakers are slick not sick!!! See paragraph pasted below.
    At the seminar, we had a sick (???) lineup of speakers – Keith Baxter, Jon Jonas, Jonathon Van Clute, Gauher Chaudhry, and so many more. These guys are on point.
    regards

    David

    Reply

  • David September 20, 2009

    Hello Amish
    Thank you for the interesting articles on your blog – I forgot to say so on previous comment.
    I read in thye Sunday Paper today that a chap I was a partner with in property investment 8 years ago, we parted company as I did not agree on some of his ethics, is now worth $50 million whilst I am in debt!!!
    Have decided that this is my wake up call – to make at least 10% of his worth by 17th May next year 2010 on my 60th.
    Will be getting my head down and pounding the key board with that target in mind and not to be the one that watched another achieve super wealth from the side line, as I have done, whilst run(ning) out of savings.

    Good health and wealth to all

    David

    Reply

Leave a Reply

Click here to cancel reply.

Post Comment

Anti-Spam Protection by WP-SpamFree

Click to cancel reply

About the author

Amish

Affiliate Marketer. Technology Geek. Traffic Guru. Business Growth Master. Although Amish Shah is an expert in many areas, he is best described as a savvy new-age internet entrepreneur. Amish is a visionary and a futurist with many of his ideas and concepts being larger than life. Amish is best known for developing automated tools and software as well as his impressive traffic strategies. Click Here To Read More About Amish

Recent Posts

  • 12 in 2012: Top 12 Predictions for Apps in 2012
    12 in 2012: Top 12 Predictions for Apps in 2012January 4, 2012
  • Free App Making Book
    Free App Making BookDecember 23, 2011
  • Apps Are Blow’in UP!
    Apps Are Blow’in UP!December 20, 2011

Popular Posts

  • How To Be A Gangster
    How To Be A GangsterJuly 18, 2010
  • Why you’re not succeeding
    Why you’re not succeedingSeptember 21, 2009
  • the launch, the network, the future, and some shit!
    the launch, the network, the future, and some shit!January 13, 2010
← Starting my Blog Over
Affiliate Networks of Choice →

Recent Posts

  • 12 in 2012: Top 12 Predictions for Apps in 2012
  • Free App Making Book
  • Apps Are Blow’in UP!
  • Movin’ On and Advancing In Life
  • Improvement Begins With An “I”

Recent Comments

  • Art on Free App Making Book
  • Angela on Free App Making Book
  • Earl Washington on Apps Are Blow’in UP!
  • clint vagg on Free App Making Book
  • Amish on Free App Making Book
  • Amish on Apps Are Blow’in UP!
  • Amish on Free App Making Book
  • collin on Free App Making Book
  • Earl Washington on Apps Are Blow’in UP!
  • carol on Free App Making Book

Post Categories

  • Affiliate Networks
  • Biz Stuff
  • Brain Warp
  • Comedy
  • Cool People
  • CPV
  • Entrepreneurship
  • Health
  • Industry News
  • Landing Pages
  • Life
  • Marketing
  • Media Buying
  • Mindset
  • Mobile Apps
  • Music
  • Pay Per Click
  • Stuff
  • Traffic
  • Web 2.0

Monthly Archives

ME ON FACEBOOK
New Video Series

Mass Scale Impact

MAKING THE BIGGEST IMPACT IN THE SHORTEST TIME


Watch The Video Now!
New Book: Before You're Rich

Latest Blog Posts

  • 12 in 2012: Top 12 Predictions for Apps in 2012
    12 in 2012: Top 12 Predictions for Apps in 2012

    Do you enjoy having your fortune read to create optimism for the future? Well, today is YOUR lucky day! Let’s go on a journey together! Remember when you were a kid and how fun it was to go to the carnival and just well… be a kid. Go on rides, play games, eat junk food, ......

  • Free App Making Book
    Free App Making Book

    Happy Holidays!     SOLD OUT!   Please enter your email below to get on the waiting list!   .link,.link a,#SignUp .signupframe { color: #226699; font-family: Arial, Helvetica, sans-serif; font-size: 14px; } .link, .link a { text-decoration: none; } #SignUp .signupframe { border: 0px solid #000000; background: #ffffff; }#SignUp .signupframe .required { font-size: 10px; } ......

  • Apps Are Blow’in UP!
    Apps Are Blow’in UP!

    Happy Tuesday! Grip it and Rip it! Last week, I was in Vancouver, BC, Canada ripping it up with the Bitzio team this past week! As I mentioned in my last blog post Bitzio (www.bitzio.com) is the name of my Mobile Apps company that got acquired this past July. Oh ya…what’s even crazier is that it’s ......

Copyright © 2011 Amish-Shah.com. All Rights Reserved
  • About Amish
  • Sitemap
  • Privacy Policy
  • Contact