Jim Straw Definition of a **Mastermind Group** VS Walter Hailey's

[Glenn]

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