Starting an REI Mastermind - Format/Content Suggestions?

Question

For any investors who have either started or are part of a really good mastermind group, I'd love some input on how it is structured. What is the format, how many people are part of it, paid/free, venues, is it speaker led or open format, etc. Any input is appreciated. Ideally what I am going for is not only REI tactical/strategy stuff, but mindset/goal setting/accountability/etc. What do you like about yours, what do you not like?

Thanks in advance!

Matthew Brownrigg · Answer

Something that I go back to all the time in one of my first REIA's was when I sat down terrified I was in the wrong room with all these successful people in Real Estate, and the first speaker I heard was all about the deals that they failed on and lost on (lost big on). Hearing that these people starting their journey lost big money, but continued to do it and be successful reassured me that I was in the right room. Learning from failure is great, and learning from other peoples failure was good to hear, and then learn from their successes as well.

Owen Dashner · Answer

Thanks Matthew and Elizabeth.  I should be more specific, I suppose.  I am looking to potentially put together and invite high level local investors to a mastermind group to share ideas on business/investing/personal and professional growth/mindset/scaling.  Not just a local meetup, but one with experienced players only.

Elizabeth Miller · Answer

Go virtual (zoom calls), you can have breakout sessions, have a similar format: what are the wins, what's holding you back, what are your goals or action steps.