To create a successful business, many new entrepreneurs believe that they need to “hustle” and “grind” their way to the top. They will spend countless hours of their life trying new strategies in hopes that it works, spend thousands of dollars in ads, or ultimately, recruit a marketing agency to handle those efforts while being in the dark about what’s happening.
Jeremy Shapiro, Founder and facilitator of Bay Area Mastermind, shares not only how to avoid these costly issues but how to make sure an entrepreneur’s business has the quickest way to success through the power of the mastermind.
Avoid Costly Mistakes: Why Hustling Alone Isn’t the Key to Success
The term “mastermind” has been around for nearly a century, coined by the late Napoleon Hill in chapter 10 of his book “Think and Grow Rich” titled “Power of the Master Mind, The Driving Force, The Ninth Step Towards Riches.” Jeremy has used this as a foundation to build and optimize his own mastermind group, which has helped countless founders grow from “solopreneurs” to “business owners.”
A mastermind group brings successful, driven, and like-minded individuals together to discuss their business and how they can improve, and it creates space to review the more difficult topics that can be difficult to discuss with non-founders. This can include what’s working well, what’s not working well, where you need help, as well as accountability for actions taken – or avoided.
From Solopreneur to Business Owner
“While I admire everyone who begins an entrepreneurial journey, It is my belief that true business owners are individuals who have created the freedom to be able to step away from their business and that it will continue to generate income on its own. If you are your business and it can’t operate without you, unfortunately, you are still at the solopreneur stage. You have the worst parts of a job combined with the worst parts of business ownership. It is my goal to help as many entrepreneurs as I can reach the level of true business owners and achieve the freedom they deserve. I believe the quickest way there is through the combined experience of a mastermind group.” says Shapiro.
There are various types of mastermind groups that entrepreneurs can attend, ranging from an “accountability mastermind group,” which just focuses on a phone call or Zoom meeting and covers accountability items or “hot seat” questions, to luxury getaways that have high caliber business owners but are often extremely expensive and exclusive, and these are just a couple of options.
However, Shapiro says the best type is monthly, full-day, and in-person mastermind groups. These types of mastermind groups are great because they focus on connecting business owners that have been vetted with other business owners, they allow you to work ON your business by having accountability and hot seats, and best of all, it is local, allowing your takeaways to be even more relevant to your business.
Real Testimonials: How Bay Area Mastermind Fuels Business Growth
While hearing about a mastermind group and all the benefits it offers is enticing, many entrepreneurs and business owners still look for some sort of reassurance that their investment in the group will pay off. Having run many successful businesses and facilitated multiple masterminds for decades, Shapiro has a proven track record of guiding businesses and optimizing them to be the best they can be.
When asked how being part of Bay Area Mastermind has helped his business, Ryan Crownholm of Hauling Pros said, “Joining the Bay Area Mastermind is one of the best things I have done for myself and for my business. The one day a month completely recharges my entrepreneurial juices, and I have a virtual advisory board available by email for the in-between time. I take away so much actionable information that I regularly apply to my business. As a result, my business has grown by 60%, and profits have grown by 400% since I joined,” and this is just one of multiple testimonials.
“Participating and being part of a mastermind group is one of the best hacks an entrepreneur and business owner can do to keep them accountable, work ON their business, scale, and so much more without having to hire a huge marketing or advertising firm to help them grow,” says Shapiro.
To learn more about Bay Area Mastermind and experience the benefits of a mastermind group, try out a test-drive today.
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