Those of you have followed my blog have heard me before mentioning that all real estate investor should have his/her "Master-Mind Group". This principle was borrowed from the classic book by Napoleon Hill "Think and Grow Rich". If you haven’t read this classic yet, add it to your reading list immediately. I am personally reading it right now for the 7th time. It is one of those book that you need to revisit more than once to grasp its full potential. To those that subscribe to our mailing list, I will send you a free copy.
So What Makes a Master-Mind Group? According to Mr. Hill the “Master Mind” can be defined as the "Coordination of knowledge and effort, in a spirit of harmony, between two or more people, for the attainment of a definite purpose". The reason that I insist in the development of such group is that financial advantages are created by any person who surrounds himself with the advice, counsel, and personal cooperation of a group of people who are willing cooperate toward a common goal.
How to form your Master-Mind Group? If you do not have your Master Mind group, it’s time to form one right away! Here are my suggested simple steps to form your Master Mind group:
1. Read and Study Think and Grow Rich
2. Define your group's purpose - define how this group will forward your own and the other members’ real estate investing goals.
3. Set a date for your first meeting
4. Invite potential members
5. Establish regular meetings
Try it and enjoy the results of your group!
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