James Malinchak talks about the benefits of a mastermind with successful entrepreneurs.

1. James Malinchak:
The Top Seven Benefits of a
Mastermind with Successful
Entrepreneurs

2. • According to Napoleon Hill, the author of ‘Think
& Grow Rich,’ a mastermind is ‘an alliance of
two or more minds that create a friendly
environment to gather, classify, and organize
new information for fast and effective
implementation.” Hill eloquently described one
of the best things I ever did for my own business
and my clients’ businesses. I belong to a wealth
attracting mastermind, and I created my own
wealth attracting mastermind for my clients to
connect with each other.

3. • MASTERMINDING is such an
efficient business tactic that I
have deduced seven primary
benefits.

4. 1) Brainstorming with like-minded
power thinkers and achievers
• When you have multiple people thinking of ideas
to help you think of alternative avenues for
marketing and joint venture opportunities, you
are likely to find success. This is especially
helpful when you are in a group with achievers
and people who attract wealth. These smart
business minded entrepreneurs are excellent
resources to motivate you towards making smart
decisions.

5. 2) Being listened to and helped
• Part of the benefit of masterminding is being
heard.
Often, when business people are with
their regular peers or family, the
entrepreneur is looked at as if they
are speaking a foreign language.

6. • It takes a unique skillset to be excited about
business. When you are not with people who
understand what you are excited about and what
you are talking about, it can be frustrating.
• Additionally, you do not have to waste time
explaining what you are talking about or
defending why you are doing what you are doing
to non-entrepreneurs.

7. 3) Being motivated and challenged
• When you are with other business people who
are attracting wealth, you are motivated to
attract wealth, too. When you are around people
who are doing things and making things happen
for themselves, then you are motivated to take
your business to a higher level, too.

8. • Additionally, your peer group in a mastermind is
likely to challenge you to meet goals. This
challenge to succeed within a period or a
financial mark pushes you to take your business
further.

9. 4) Being accepted
When you are a motivated,
successful, wealthy business
person, being out in the world
among regular people can be
frustrating because they might
avoid you or act negatively
against you due to jealousy.
• It seems funny to have people hate you because
you are successful, but that is what happens.

10. • Therefore, it can be challenging to be among
regular groups of people because what they
expect from you may be different from how you
want to interact with them.
• You may hear that wealthy people tend to hang
around wealthy people. That is correct to some
respect. It is not fun to be around people who
have a poverty conscious attitude and who can
never get ahead. Therefore, like does attract like!

11. 5) Recognition for achievements
• Being recognized for greatness has its moments!
When you are among people who are proud of
you for your success without being jealous, it
feels good. They can see the work and
intelligence that you put into yourself and your
business. These like-minded people can
distinguish the talents you set forth to
accomplish your success.

12. • Therefore, you are likely to be recognized at a
different level than others who do not know
what it is like to own and run a business.

13. 6) Safe environment to share
information
• It is refreshing to be in a group of people that
you do not have to worry about stealing your
ideas or taking your comments to the media.
When you are with like-minded business people,
the authenticity to do good for the partners in
your group is amazing. The ethical bind keeps
everyone in a good place.

14. • Plus, these people are not going to shame you or
minimize you. They may be blunt and let you
know the challenges they foresee with your idea,
but they are going to be considerate about your
bottom dollar when they share that information.

15. 7) Fresh eyes and ears to see
pitfalls and opportunities for you
• When you are too close to a project, it is easy to
overlook some very clear issues or problems.
Additionally, you might miss out on other
opportunities only because your focus was on
one area rather than looking at the bigger
picture in another direction.

16. • When you bring a challenge or a new concept to
the mastermind, you are going to get ideas that
you never contemplated. Your mastermind
group is going to review everything with a fresh
perspective that is expected to generate
positivity towards your business!

17. Regardless of what benefit attracts you
most, you are likely to obtain all seven
of these attributes when you belong to
one of my mastermind groups.

18. The reason you gain so much benefit is
that I attract a high quality clientele
that is full of the movers and shakers
of the world! It attracts such a high
level of professionals that I refer to
the group as the 3% club!

19. If you want to be one of my 3%ers,
come to one of my next boot camps to
find out more about it.

20. www.Malinchak.com