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This week we’re sharing why we think everyone should be part of a property mastermind group – and, because it wouldn’t be very helpful otherwise, we’re telling you exactly how to go about setting one up.

This was a very packed episode with loads of information, so you’ll want to listen in full to get the most out of it. To help structure your listening, here are the main points we covered…

First of all, what is a mastermind group anyway? A definition we like is:

“..a small group that you meet with for the purpose of reinforcing growth and success. while offering support to one another.”

They’re valuable because of the opportunities for:

  • Impartial advice
  • Accountability
  • Motivation
  • Sharing ideas
  • Moral support

You can have an informal mastermind-style relationship with a group of your peers, but a structured arrangement is the way to get the most benefits.

So how do you form a mastermind group?

  • 4–6 people is about the right number, from as wide a variety of backgrounds as possible
  • You can meet weekly, fortnightly, monthly or quarterly – whatever suits you best
  • Find people to join you in The Property Hub, at networking events, or invite those you already know – send them this episode to get them excited!

And to make sure the group runs effectively:

  • Appoint a leader
  • Establish a purpose and a set of ground rules
  • Structure each session (we ran through our favourite in the episode)
  • Circulate an agenda before the call or meetings
  • Keep in contact between official meetings
  • Review your progress regularly

That’s only the briefest of summaries, so dive into the episode for all the details!

Spend the day with us in January!

Today we announced the launch of The Property Hub Summit – a full-day mastermind-style event we’re putting on in London on Sunday 4th January 2015, with the two of us and just 20 listeners.

It might already have sold out by the time this episode goes out, but there’s only one way to find out for sure! To get all the details about what the day involves and see if there are any places left, visit thepropertyhub.net/summit.

Resource of the week

Do you use Google Chrome? Do you use Google Calendar? If the answer to both of those questions is “yes”, then you need to get Checker Plus for Google Calendar!

It’s a handy browser extension that notifies you ahead of meetings you’ve set up, and Rob B uses it to keep himself on track even on busy days that are packed with calls and meetings. It’s highly flexible, and it also gives you fancy extra ways to quickly add events to your calendar without even having to open it.

If you use Google Drive, you might also want to take a look at Checker Plus For Google Drive.

News this week

News just in: the UK isn’t building enough new homes! OK maybe that isn’t a stop-the-presses moment, but this story and interactive map from The Telegraph has a lot of interesting findings about the most densely populated areas of the UK and the number of planning approvals that have been granted over the last decade.

The main takeaway? Ten years ago the UK needed to build 250,000 new homes each year just to keep up with demand; that target has never been hit once, and now the figure stands at 330,000. It’s not an easy problem to solve, but without something significant being done it’s only going to get worse…

Join the conversation

Have you participated in a mastermind group?

If not, why not? And if you have, can you share any tips for making it a success?

We’d love to know, so join the discussion in The Property Hub!

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