The word “mastermind” has been thrown around a lot to the point that it has lost its meaning in many ways. At the Prosperity Inner Circle, what you get is the true essence of a mastermind. It’s not about fee for entrance. It’s about playing at a much higher level and being the dumbest in the room. Your life will change when you find a group of those who align with your mindset, vision and goals. Every mentor and powerful leader is part of an inner circle. It’s time you get acquainted with yours, too. Listen in as Dan Zitofsky explains how you can be part of something that has profoundly changed his life and of those whom he mentors personally in so many levels.
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Masterminds and Your Inner Circle
I get excited about what I’m going to talk about. It was day one of our two-day boardroom mastermind group with fifteen high-level investors, business owners, and people at all levels, not just real estate, it’s the type of boardrooms we do. We’re starting up our next Prosperity Inner Circle group. We’re going to be having up to fifteen people. These are the best groups ever. The reason I love them is because we get so much out of them. One of my mentors, Mark, had said in the past, “People talk about they’re self-made millionaires or their self-made success stories.”
It struck home because I thought I was living on an island by myself. How many of you ever thought you were living on an island by yourself and you’re like, “How in the world could I be a self-made successful millionaire, a self-made successful business owner?” Whatever it might be. There’s no way in the world that you’re self-made and do anything in this world by yourself. That’s why the inner circle masterminds with the right people are important because if you don’t have the right people, it’s nothing other than a club that you can be in.
For me to be where I’m at, go through all my journey, and it’s in my book, Passive to Prosperous, we go through chapter one. It talks about my why. That has everything to do with my family, team, and the markets I’m in. If it wasn’t for my wife and my kids, I wouldn’t be where I’m at. I would be doing something different. How am I self-made? That’s inaccurate. Mark hit me on the head. It’s hysterical that he talked about that. I’ve been thinking this for years and I’ve been scared to come out and say something because I feel I’m always the anti-guru out there, even though I’m a mentor.
Whatever people say, I’m calling BS on them. There’s so much crap out there and what people are saying. That’s why you need to align yourself with masterminds or mentors who will take you to that next level. I know you have a lot of naysayers saying, “Don’t spend a dollar on anything.” There is something powerful. I wrote some notes on it and I wanted to bring it up. One of the best comments I’ve heard in a long time, and I didn’t use this lot, “It’s emotionally immature to think you can help everyone.” Let’s think about what that means. Why would it be emotionally immature to think you can help everyone?
[bctt tweet=”Be profitable with your business. Be charitable with your profits.” via=”no”]Is it emotionally immature to think you can help everyone? I’ve been saying this too for a long time. I said I’m not for everybody. I need to find the right people and the right avatar. Going back a bit and why it’s important to be around the mastermind. When I say mastermind, I mean true mastermind. Everyone calls everything in a mastermind. That’s why I try not to use the word “mastermind.” I try to call “inner circle” or “boardroom” or something to that effect. My ten people that will be part of the next one is handpicked. I will do interviews. I’ll research them, do my due diligence on them, and see if I want to work with them. My rule is, if you’re not paying me and I still don’t want to have a beer with you, I’m not interested in being around you.
I don’t want to be around you if you’re only paying me. For so long, I’ve been mentoring people and 10% to 15%, I love working with, I enjoy it, I look forward to it, and I get more out of them than they get out of me. The rest of them, I get a knot in my stomach every time I have to get on the phone with them. Every time I have to try to help them, I get deflated and I don’t enjoy it. Because of that, it was starting to get me to the point where I didn’t want to work with anybody anymore. I didn’t want to mentor people. That’s emotionally immature for me to think that I can help everyone because I can’t help everyone. I’m doing a disservice to the people to try to help them if they can’t help themselves. I’m doing a disservice to somebody to try to mentor them when they don’t invest in themselves the time and the money. Do I value myself? Am I worth more than free? Are you valuing what I tell you? Are you valuing my mentorship? Do I believe I’m worth $5,000? No, I’m worth way more than $5,000. Do I believe I’m worth $30,000? I’m worth way more than $30,000.
It doesn’t matter what number I give you. If I have to sell you on why you need to work with me and you see it as a cost, not an investment, I’m the wrong person. I’d rather not work with you. The difference between myself and most other people that do this is I’m not doing this for the money. I don’t need the money. I’m not saying that to impress you. I’m saying to impress upon you. I’m not the right fit for everyone or I’m not the right fit to 80% of the people out there because I’m not going to sugarcoat things. I’m not going to work with you if you don’t do the work. I’m not going to help you if you can’t get your mindset right. I’m not going to work with people that make me miserable to work with them. My business and my vision are lifestyle by design. I’m saying this not to impress you but to impress upon you that it’s important in your business to do the same thing. It doesn’t have to be mentorship. It could be a partner or client.
If you’re an accountant, you could have a client that drives you insane, want you to do things unethical, and change your vision. If your vision is I’m going to work the best I can to get you all the tax documents that could possibly get you within the scope of the tax code that’s legal and ethical, I’ll do that. When you ask me to start lying, committing fraud, and tax evasion, if you’re willing to do that, you broke your vision, unless your vision is to do illegal things and to chase a couple of thousand dollars from a client. You might think about that. How does that client make you feel? Does that client put a knot in your stomach every time you’ve got to sit and talk to them?
Passive To Prosperous: Stop Chasing Money and Start Seeing Prosperity Through Passive Wealth
I’m not saying you say no to them. Clients can’t handle it, that’s why their coming to you. If you’re a marketing agency, clients don’t know how to market. They’re going to seem uneducated in marketing, that’s why you’re there but, are they willing to listen to you, are they willing to trust you? Those are the people you want to work with. If you’re an accountant, are they willing to trust and listen to you? Take your advice on the tax you should give them? If you’re a financial planner, a wealth advisor, are they listening to you? Are they taking advice on what you’re telling them? If you’re in a situation like myself where I help people build their passive income, either with rental properties, seller financing, investing in notes, if they want to become the bank, are they trusting of me?
If they don’t trust me as a person, it doesn’t matter what I do to them, they’re always never going to trust me. I understand you should do your due diligence, trust and verify everything, but there’s a point where you have to trust the person you’re working with. This goes deep. I was in a position for many years where I felt guilty saying “no” and charging people. Until I had a mentor who talked to me and showed me how I was failing people. I was sending people off a failure because I wasn’t valuing myself. If I don’t value myself, they’re not going to value me either. They’re not going to value themselves if they don’t invest in themselves both time and money.
I used to come back and said, “I want to help. I want to give back. I want to make sure I could learn the right way.” Something positive I heard. Think about these words, “Be profitable with your business. Be charitable with your profits.” In my vision, I’m happiest when I love what I do and I can give back to organizations that I care about. I can’t do that if I don’t have the money to do that. My mentorship is business. My business of earning passive income for myself and my investors is a business. I need to be profitable in that. I could be charitable a million other ways. I can give back to people if I have enough money coming in from my business, then I can give back to somebody. I could find somebody who will be a rock star if I give them time back. I wish I had a one-on-one communication with somebody because I would start seeing the next back and forth, the yeses, the a-ha moments, the mouths dropping, the eyes coming out, and people start moving forward. It’s a phenomenal mindset to think like this.
I got off day one of my boardroom mastermind of a two-day workshop. You usually have it in-person or aren’t able to have this one in-person because of what’s going on. During the Coronavirus pandemic where we’re quarantined at home, we’re still making an example, we’re not making excuses. We’re still doing our mastermind group with high level, powerful business owners, investors, and people that invest a lot of money into this. There is nothing better that I get than doing one of these.
[bctt tweet=”If the only people you’re hanging out with are the ones you’re hanging out with for free, you’re not getting the most out of your life.” via=”no”]I sit back and I’m like, “The wheel starts spinning. I get clarity in my mind. I don’t hang out with all the negative mindset people, the limited belief people, and a scarcity mindset.” It’s a rocket for your business, personal life, personal vision, business vision, for everything. Think about what you do in your life, who you hang out with, how you think, and start putting that emotion. Stop thinking differently. Stop changing your mindset. If the only people you’re hanging out with are the people you’re hanging out with for free, you’re not getting all you can get out of your life.
The people that are going to give you the most out of your life, other than your family, friends and business, are those that you’re going to find in these high-powered mastermind groups, not just on money. You have to invest a decent amount. I invest over six-figures a year in my own mentorships, trainings and events, but if you’re only hanging out at events where people go for free, pay little money, and look for discount codes then those are what you’re going to get. It’s a discount network. If you want to be part of a discount network, that’s what you’re going to get. I’m tired of seeing it on social media. I’m tired of people saying, “Give me the investor-friendly.” I’m tired when I’m speaking and anyone says, “Do you have a discount code?” If you’re a coupon shopper, you’re always going to be a coupon buyer and a coupon mindset.
That’s the way you’re going to be. A $200 event, people are asking for a $50 discount code. They’ll spend three hours asking for a discount code. What is your time worth? Is it worth a $50 discount code? When you go to a restaurant, do you count change on tipping somebody? Is $10 going to change your life? If it is, your mindset is jacked up. There’s so much help you need. You better get into groups and get a mentor that can lead you on the right path because otherwise, the way you think isn’t the way you think about everything and the way you’re going to teach your kids to think because they’re going to watch you. Think about that.
I had to put that out there because I blew my mind, I get off, and I had a couple of conversations around it. Once I got off the conversations, I went back to the whole people looking for ways to chip out with their time and their investment. I do love you, guys. As long as we have people that love what we do, I’ll keep doing this because I’m doing this with no dollar to raise. What I’m asking you to do is give us a review. Share this with five people who you think will get something out of this. It can be your students, mentor, group, employees and family. Somebody can get something out of this.
If you truly care about them and you don’t live in a mindset of scarcity where you’re scared to share with other people because you think that they’re going to take your business, you’ll share with at least five people, if not more. We’ll make this the best from everything to mindset, vision, and goals. I will be having special guests come on here. The top of the top in my Rolodex, the millionaires and billionaires that I deal with, and give you their secret sauce on how they do their business. Unmatched, untold unhindered, no sales on there. That’s what I want to do but to do that, I need your help to get this out there.
I’m doing this because I love getting this information out there. This is exactly where I can do it. Where I say I’m being profitable by business but I’m being charitable with my profits. This is how I could become charitable. I always wanted to become charitable. I have many grand plans for this. I have plans to do things for many people, do things for many organizations like raise the capital to do many great things, not to make money but to give back. To do that, we need an army. To get an army, this is how I’m doing it. I look forward to seeing you on the other side. Take care.
