I have had a successful law firm for 30 years and recovered over $2 billion for my clients in that time. I still learn new things every single time I get together with a MasterMind group. If I’m still learning things, then you will, too. And as for paying to be in these groups, I think of it like this. Nothing truly valuable comes at no cost. By paying to be in these groups, you incentivize yourself to make use of the things you learn. If you just go and listen, but you never put any of the ideas into action, then it won’t seem like a worthwhile investment. In that case, it isn’t a worthwhile investment.
However, if you enter these MasterMind meetings as I do, like a kid in a candy store, excited at the possibility of every exciting new idea that can transform my law firm and make it larger, more successful, and operating at peak efficiency, it will be worth it. Because you will leave these meetings with lists of ideas and the energy and motivation to put them into action. I’ve had law firms in my MasterMind groups that have grown from $50 million firms to half-billion dollar firms by implementing the things we all share.
It’s honestly just an extension of what I did when I was in law school. I learned some things from law school, but the place I learned the most about the law was sitting through 22 trials. Those lawyers taught me everything. That’s how I learned then, and it’s how I still learn today.
The best way to get the most out of the MasterMind
experience is by creating a clear format and making
sure that everyone in the group participates equally.
Typically, each member of a MasterMind group gets a
chance to take center stage and share their business
successes and challenges. We encourage
interactivity, even to the point that someone may
raise their hand and start a conversation in the middle of a presentation. This fosters innovation, challenges the status quo, and helps to build tailored solutions in real-time.
Another vital aspect of the MasterMind groups is accountability. When you are a member of a group of highly intelligent and motivated professionals who are all gathered to share and learn, you quickly find yourself challenged to deliver quality and consistency within the group and back in your own firm.