Mentor/Coaching/Mastermind: What Specifically Do You Want To Gain

[Grant Shipman]

For those of us who have found mentors/coaching/masterminds to make us WAY more money than they cost us, what are you SPECIFICALLY most wanting to gain from these programs?  

Here's some examples:

Encouragement

Analyzing Tools

Templates

Loan Education

Legal Education

Accountability

Tax Education

Property Management Education

Refi & HELOC Education

Asset Management Education

How to Find Investors

Bookkeeping Tools

Connection with 3rd Party Professionals: CPA's, Agents, Brokers, Bookkeeper, Property Manager, etc

There's lots more- but those are some examples are what you MOST SPECIFICALLY want out of a program to get you to where you want to go. 

[Grant Shipman]

Quote from @Nicole Heasley Beitenman:

Quote from @Jon K.:

Quote from @Nicole Heasley Beitenman:

Quote from @Jon K.:

You're missing one of the most important benefits: networking. Most masterminds/workshops/mentorships in my experience come with a network of not only the other students who have similar interests but the mentors/coaches themselves. Your network is your net worth, all day.

If building a network is your goal, a meetup, REIA meeting, or membership in an organization like your local chamber of commerce is going to be more beneficial than a mastermind. I'm not saying you can't make any connections through mentorship, but you'll make exponentially more at local events.

I love mine for accountability. It's like weight watchers. I set a goal for the week, and if I don't meet it, I have to go tell 4 other people I failed. It keeps me moving.

I believe it depends on who you're trying to add to your network and for what purpose. If you're laser focused on virtual wholesaling for example then a virtual wholesaling mastermind is likely going to add more people to your network with the same goals as you where you can swap info and learn together. I do go to REIA meetups, meet investors across the country through Facebook and then do video calls, etc etc. Lots of ways to do it and it's all valuable.

 That's fair. I supposed I'm biased; I do much, much better with in-person networking. I can't think of anyone I've ever met online that I stayed in touch with long-term. But some folks love their zoom calls and do very well in a virtual arena. 

 I think you brought up an important point. thanks for that!