In episode #783, Eric and Neil discuss putting on a Mastermind group or conference. Tune in to hear how Eric put on a Mastermind weekend. TIME-STAMPED SHOW NOTES: [00:27] Today’s Topic: How to Throw Your Own Mastermind [00:45] Eric through his own Mastermind. [00:55] He has been part of an Entrepreneurs’ group for a while. [01:00] Recently, they were in Cabo San Lucas, Mexico and it inspired him to do a four-day Mastermind group. [01:36] It is important to surround yourself with the “right” people on a regular basis. [01:54] Eric mandated that there be no technology during the Mastermind, so there would be no distractions. [02:15] The 9 people that attended were friends and/or acquaintances. [02:35] When doing a Mastermind, make sure it includes people you don’t talk to on a regular basis, so you get fresh perspectives. [03:05] Eric has already implemented some great ideas he got from the Mastermind. [03:45] Eric didn’t make money, but total cost was $3000 for the weekend. [04:05] He decided that everyone would pay at cost. [04:25] His main purpose was not to make money, but to learn. [04:45] The things learned will last longer than the money that could have potentially been made. [05:15] Eric is looking forward to doing it again. [05:25] In order to get people to attend, Eric sent an email to a select group of people (he created the parameters based on the desired outcome of the Mastermind). [05:55] He sent a simple email invitation. [06:10] The response rate was less than 100%, because all but one invitee attended. [06:51] Keeping it small (max 15 people) is for the best. [07:20] That’s all for today! [07:27] Go here to see how many downloads the show is getting. Also rate and review to help Eric and Neil meet their goal of 1 Million downloads per month. They will throw a live event once they reach their goal. Leave some feedback: What should we talk about next? Please let us know in the comments below. Did you enjoy this episode? If so, please leave a short review. Connect with us: NeilPatel.com Quick Sprout Growth Everywhere Single Grain Twitter @neilpatel Twitter @ericosiu Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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