Comments on: LNIM063: The Value of Mastermind Groups for Entrepreneurs https://www.latenightim.com/lnim063-the-value-of-mastermind-groups-for-entrepreneurs/ Building Internet Businesses With Affiliate Marketing One Night At A Time Fri, 03 Apr 2026 08:01:47 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Mark Mason https://www.latenightim.com/lnim063-the-value-of-mastermind-groups-for-entrepreneurs/#comment-473507 Thu, 24 Oct 2013 14:22:03 +0000 http://www.latenightim.com/?p=7505#comment-473507 In reply to Joseph Anzai.

You are exactly right — especially if the person taking the money has integrity and a great screening process. Really glad that you liked the episode. That makes me smile (big time).

Thanks for the feedback!

Regards,
Mark

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By: Joseph Anzai https://www.latenightim.com/lnim063-the-value-of-mastermind-groups-for-entrepreneurs/#comment-473506 Thu, 24 Oct 2013 13:51:36 +0000 http://www.latenightim.com/?p=7505#comment-473506 Mark I loved the mastermind group podcast. I had read about mastermind groups 20-25 years ago while reading Think and Grow Rich by Napoleon Hill. I found the idea of a mastermind group to be perfect for anyone wanting to start something that they themselves did not have all the talent to start. One thing I want to mention is that when you get involved in a mastermind group, make sure that the people you are surrounding yourself with are motivated and not just involved for the social aspect. I was involved in a mastermind group with some friends and found out quickly that most of them were basically flakes. Personally I believe that a substantial fee for a good mastermind group can be worth every penny. When you pay a fee for something, you will normally stick with it and get involved. Just my two cents.

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By: Mark Mason https://www.latenightim.com/lnim063-the-value-of-mastermind-groups-for-entrepreneurs/#comment-473500 Fri, 18 Oct 2013 21:44:24 +0000 http://www.latenightim.com/?p=7505#comment-473500 In reply to Mark Mason.

And by “skinning this cat” I was not talking about skinning Pat. That would just be wrong on so many levels. Just sayin’

LOL.

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By: Mark Mason https://www.latenightim.com/lnim063-the-value-of-mastermind-groups-for-entrepreneurs/#comment-473499 Fri, 18 Oct 2013 21:43:11 +0000 http://www.latenightim.com/?p=7505#comment-473499 In reply to Jon Watkins.

I completely understand your position, and share your respect for Pat. Lot’s of ways to Skin this cat. Stay tuned.

Really (really, really) appreciate the feedback.

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By: Jon Watkins https://www.latenightim.com/lnim063-the-value-of-mastermind-groups-for-entrepreneurs/#comment-473498 Fri, 18 Oct 2013 18:32:04 +0000 http://www.latenightim.com/?p=7505#comment-473498 Hi Mark,

This was the original blog where I was “called out”
http://www.smartpassiveincome.com/niche-site-duel-2-3-0-update-were-live-landing-pages-and-pre-launch-goals/
There was another post too: http://www.smartpassiveincome.com/questions-challenge-brand/comment-page-8/#comments

I’ve got tremendous respect for Pat and continue to follow / listen to him and gain great value from what he does (His last podcast with Derek Halpern is excellent – there’s also a priceless moment in it when Derek and Pat discuss the “bonus sandwich” with reference to Pat’s LEED exam course and what he could do for the “top” part). I also fully understand that his business is in a state of transition as he continues to grow and also needs to diversify away from Affiliate income. So he has some challenges ahead.

For me a niche site has to be a little more passive (like your Corn-sheller). I can on occasion put blocks of time into a project, but it tends to be sporadic and the best laid plans can be unexpectedly be disrupted, so it is difficult to accurately predict what you can get done over a set period of time.

Therefore, I’m more comfortable with something that can be chipped away at over time – the work is “softer” – I can work on a laptop with the family around and still be “available”. The site(s) and income evolve and increment over time.

I take the point that the landscape of the niche site is changing and I’m interested in what your thoughts and approach will be and how you are going to balance the old and the new styles.

Jon

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By: Mark Mason https://www.latenightim.com/lnim063-the-value-of-mastermind-groups-for-entrepreneurs/#comment-473496 Fri, 18 Oct 2013 16:49:26 +0000 http://www.latenightim.com/?p=7505#comment-473496 In reply to Jon Watkins.

Hey Jon — thanks man. Appreciate the feedback. Can you point me to that blog comment? I’d like to incorporate that into the show.

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By: Jon Watkins https://www.latenightim.com/lnim063-the-value-of-mastermind-groups-for-entrepreneurs/#comment-473495 Fri, 18 Oct 2013 14:51:00 +0000 http://www.latenightim.com/?p=7505#comment-473495 Mark,
Good to have you back on the podcasts!

I’m excited with what you’ve got coming up and in particular your NSD 2.0. I for one am one of the “overwhelmed” by Pat Flynn’s Food truck project, in fact I’m probably a Standard Bearer for the dissent as I got called out by Pat in one of his blog posts (I added the “Going Large” to the vocabulary, lol) and have had several comment conversations with him recently.

As a fellow day-jobber whose time availability ebbs and flows with the inevitable life commitments and responsibilities we have, Pat’s plan is perhaps too ambitious. So very interested on your take on things.

Keep up the good work Big Guy!

Jon

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