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Amin Ahmed: Here's a quote that I heard from Kobe Bryant that really stuck in my head.

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I have self doubt.

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I have insecurity.

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I have fear of failure.

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I have nights when I show up at their arena and I'm like, my back hurts.

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My feet hurt.

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My knees I just don't have it.

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I want to chill.

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We all have self-doubt.

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You don't deny it, but you also don't capitulate it.

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You embrace it.

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That quote from Kobe Bryant keeps coming up.

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When I think about self-doubt.

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So, what do you do if you don't have superhuman athletic abilities and confidence, like Kobe.

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In today's episode, I'll discuss the power of mastermind groups and why?

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I think every entrepreneur should be in a mastermind group.

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I'm Amin, Ahmed and welcome to Be.

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Well, Do Well.

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If you're not familiar with the term mastermind, it's a term that was coined by Napoleon hill and described in his book think and grow rich.

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He explains that the idea of a mastermind is where two or more people come together in harmony to solve problems.

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One of the biggest benefits of working with others is that you can achieve bigger goals than you may have thought possible.

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For example in our company, remarkable branding.

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Our leadership consists of three partners.

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My role is more on the technical and marketing side.

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My business partner, Heather focuses on branding and design, and my wife Shayla's role is to ensure that all the operations run smoothly.

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Combining all of our strengths together allows us to get significantly more done.

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Then if we had tried to do it on our own and trust me, I've tried to run a business on my own, and it is so stressful and overwhelming that I am super grateful to have these two in my life.

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Another benefit of being part of a mastermind group is that you're holding others accountable for meeting their goals.

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But more importantly, you're also being held accountable by them for doing the work to accomplish what you said you were going to do.

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A, mark of a great mastermind group is that all members feel safe and supported.

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That is so important.

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I've been part of some mastermind groups where most members were there just for selfish reasons.

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They weren't there to support others.

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And I felt like they were just there to try to make a sale.

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I definitely left that mastermind group and did not feel good about that.

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The accountability should definitely not be used to shame or blame others, but rather to support and nurture them.

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And that's what really makes a great mastermind group worth staying in.

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One thing.

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I find fascinating though, about mastermind groups.

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Especially, those that have been part of is that the overall goal is usually business growth.

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But usually the conversations inevitably drift towards wellbeing and purpose.

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And I find that amazing because why else are you in business?

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Why else are you trying to make money?

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If not.

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First for financial gain for personal productivity and satisfaction, but also purpose and legacy.

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Really important that if you're in business that you think about purpose and legacy.

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The last point about why you should join a mastermind group is to build and continue momentum.

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When I'm in a mastermind group and I see others doing really well, of course, part of me is like, oh man, I need to catch up.

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But the other part of me is also really excited to see the potential.

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And when somebody else does something, then you feel a little bit more motivated to do it as well.

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It's a natural pull towards getting your goals accomplished when you see others doing the same.

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Prior to 1954.

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Running a mile in under four minutes was thought unachievable, no one had ever done it before then.

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Roger banister at the age of 25, did it in three minutes, 59 seconds.

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Point four.

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As of April, 2021, that four minute barrier has been broken by thousands of athletes.

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And now it's a standard when it comes to professional athletes, running distances.

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So why did I bring that up?

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Well, when you see others do what feels unattainable or unachievable, you actually can do it yourself.

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You actually feel like, well, maybe I can do that as well now.

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The members in my mastermind group that I'm in now are amazing.

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They achieve.

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Extraordinary things.

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And that really helps because when I see others doing it,

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It really gives me that motivation that I can do it as well.

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Motivation is not one of the things that you'll find mastermind groups promoting, but it's definitely one of the best
intangible benefits that you'll There's a saying about how you are the average of the five people you surround yourself with.

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Well, by joining a high-performing mastermind group, you're sure to increase your average likely in ways that you didn't even expect.

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So to recap.

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The three big reasons for joining a mastermind group or to set an aim for bigger goals, accountability, and achieving your goals, and lastly, to motivate and be motivated by others.

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In the next episode, I'm going to be talking a little bit about why mentorship is essential for entrepreneurs.

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And this episode, we talked about mastermind groups.

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Well, mentorship is the other element that I think is essential for entrepreneurs to all have.

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I hope you join me tomorrow.

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And thanks again for making the Be Well, Do Well podcast a part of your day.

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I'll see you then.