Jim Straw Definition of a **Mastermind Group** VS Walter Hailey's
Thanks Dien For Giving Us Entrepreneurs a place to Share Ideas,
I Wrote an Ezine called, "The Best Definition of a Mastermind Group I Ever Made Munny With."
And several VIP's emailed to say, "You Should share that at the Warrior Forum."
I get lost over there.
Too many niches - I never know where to start. And prefer YOU Guys at sow pub instead.
***********
JIM STRAW -
Jim Straw used to discuss his Definition of A Mastermind with me. Before and
after he wrote his last book.
Put in my own Words Jim's Definition goes something like this:
**No more than 2 People Who are Working as a Team to Make Munny Together.
Or Accomplish any kind of co-operative project.
Jim's Experience had showed him that a Mastermind Group was only possible btwn two people.
Jim was worth about 500 million - so we're not going to argue.
But Jim's Book and his Experience Was Narrowly Focused on Deal Making.
Really profitable deals. Where you hand the list of what you HAVE to a prospect
and he HANDS You CASH - without any selling required.
Tough to Explain to others.
And Rough Going to Adapt and Apply in other Industry niches.
*************
WALTER HAILEY -
My 1st Mastermind Mentor Had piled up 426 Million Dollars when we met. Walter
Hailey Used HIS VERSION of a Mastermind Group
to start 4 companies, take them public and sell them.
Co #1 - Bread Flour
Co #2 - Insurance Sales
Co #3 - Oil & Gas
Co #4 - Seminars to Dentists
Here is a Chunk from my New Idea Testing Ezine...
====================
The BEST Definition of a Mastermind Group I've EVER Found is a CASE STUDY.
AND After 24 years of interviewing self made millionaires.
This Munny Mastermind Story IS
Still
The
Best and Clearest
Explanation of Mastermind Munny Making in Action...
**************
How Walter Hailey Made His 1st M-illions S-elling Bread Flour.
**************
The Whole Mastermind Story goes like this...
***Walter Read, "Think And Grow Rich" by Napoleon Hill like the Rest of us.
Then took action.
5 foot tall 100 lb - Walter Decided to Form a Mastermind Group with a single goal. To S-ell LOTS and LOTS More Bread Flour to the Owners of Texas Food Stores.
***Walter Invited The Following S-alesmen to his home.
A - Jim's line was Crisco and cooking oil
B - Ralph was a Rep for a Line of Cooking gadgets. Can openers etc
C - Mike had a whole catalog of Canned Fruit for canning. (apples, peaches etc)
D - Eric Specialized in Fast Rising Rolls, sticky buns, muffins in a box
E - Sam had the best selection of species for baking
F - Tom Had Aprons, Chef's Hats, cooking attire
G - Bill Had all sizes, shapes of CookBooks
H - Steve Had Knives Galore
I - Phil Had All the Pots, Pie Pans, Baking Dishes You can imagine
J - Walter Hailey Did Baking Flour - all kinds of Flour
WALTER TOLD THE 9 Men:
If You go Out and s-ell by yourself - You Only S-ell to one store at a time.
BUT - If We Create a Catalog of each Others Products - S-ell All 10 Product Lines Each Of us Has The Power of TEN.
One Man S-ells to 1 Store
or
One Man - S-ells to 10 Stores at a time
VERY ATTRACTIVE The Way Walter Stated MASTERMIND MUNNY MAKING
isn't it?
STATED Another way...
***NINE S-alesmen s-elling FOR YOU - instead of just You.
Walter Worked out a win-win Mastermind Moolah System SO - Profitable to Texas Grocery Store Owners - And Effortless - Cuz Walters MASTERMIND of 10 did all the work.
That The Owners of Grocery Stores
LINED
UP
TO
BUY...
============
============
Munny Making ACTION SUMMARY -
Jim Straw and Walter agree as I see it.
They each had a 1 to 1 Mastermind With Each Person They Dealt With. The
DIFFERENCE was that Walter's 9 men met at his house every morning.
And Jim did his Masterminding - 1 to 1 out of his Joint Venture or phone CONTACTS Book.
Personally.
I've been able to make munny by adapting Walters Case Study. And since
Jim Straw's definition doesn't disagree - I combine the 2 in my mind.
MORE to Adapt and Chew on tho
with The Walter Hailey Mastermind Group Definition I think.
Thanks,
Glenn Osborn
Master of Ceremonies at The VIP Mastermind Group
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