TR_November_2021

FUNDAMENTALS

NETWORKING

AMastermind Mindset

ACCELERATE YOUR BUSINESS BY MAKING A DIFFERENT KIND OF INVESTMENT

by Ellis Hammond

traveled all over the country and out of the country to meet with other industry leaders and investors. We typical- ly plan our trips around exotic locations, luxury resorts, great meals, and fun excursions. But why join a mastermind in the first place? Would a successful CEO, investor, or entrepreneur really want to take time away from his or her family and business to spend a few days with folks he or she just met? ANEWMINDSET… Early on, I too thought it was best to just keep my head down and plug away at my business. I didn’t want to be dis- tracted with activities or trips that weren’t directly related to my business and took precious time away frommy family. However, I quickly learned that having access to more relationships actually became an accelerator for my busi- ness. The more time and money I invested in showing up at conferences, events, and masterminds, the more deals

Where two minds exist, a third mind is born.” —Napoleon Hill

Amastermind is nothing new to the world of real estate investing or to business, but the concept has evolved. A mastermind in my father’s era was a mem- bership to the local country club. Even if you didn’t like to play golf, it was a great place to meet and network with like-minded people, typically those with higher net worth. Deals and investment advice were traded over a beer on “hole 19.” But today, the masterminds I have been part of are no longer restricted to the golf course or country club. I have

26 | think realty magazine :: november 2021

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