Mastermind Principle

“In learning you will teach, and in teaching you will learn.” ~ Phil Collins

I’d like to talk about the Mastermind principle today – it’s only powerful if we apply it. I’ve mentioned before how good habits are as addictive as bad habits, but much more rewarding.

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In our Book Arbitrage Mastermind Facebook group have you thought about how sharing what you’ve learned can consolidate your learnings & strengthen those patterns in your mind – thereby making them automatic.

If you desire different or more results then you have to take different action.

“If you have knowledge, let others light their candles in it.” ~ Margaret Fuller

Think about what you’ve learned already in Book Arbitrage. You probably went through the training once or twice if you’re diligent. Did you write down what you learned & even highlight it?

Within 2 weeks of learning new things we usually forget about 70% of what we learn.
But what if you were to go back over what you’ve learned and explore it to see your understanding of it now, do you think you would see a difference?

When we were in school we did repeated learning – do you remember our times tables – one plus one =2, one plus 2 = 3. We did them until we knew them by heart.

What if you knew your Book Arb business by heart, inside and out? What difference could that make to your life? What if we remain open to learning in the way we were when we were in school/college?

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One of the ways to achieve this quickly in my experience is to apply the Mastermind principle. We have the perfect platform in the Mastermind Facebook Book Arb group to achieve this.

Consider, if you pose questions and post answers to other’s queries you could learn your business to a deeper level? Something brilliant happens when we write something down. When we teach others – we learn ourselves in a more accelerated way. When we know more we can achieve more. We just need to apply this for it to work.

“The more often you share what you’ve learned, the stronger that information will become in your memory.” ~ Steve Brunkhorst

So today – I am encouraging you to share what you have learned so far about Book Arb, for example:

  1. Two fast ways to list a book
  2. Your effective repricing strategy
  3. What you consider important when reading a Keepa chart

Anything that you have found valuable will be of amazing value to others.

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Remember you cannot teach others without learning more yourself. When you do this you may discover gaps in your own learning.

This is great news – drill down, improve on it and grow your business.
You’ll also absorb more yourself of what you are sharing with others – win-win.

“The mastermind principle consists of an alliance of two or more minds working in perfect harmony for the attainment of a common objective. Success does not come without the cooperation of others.” ~ Napoleon Hill

Wise words there from Napoleon Hill.

There’s no way myself and Tom would be where we are in our business or at the level we’re at without the community.

So I invite you to consider how using the mastermind principle can help you and the community to grow from here and then apply it.

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Mentoring

There is nothing we cannot accomplish when we become experts at what we do & continue to grow in that. It just makes sense when we think about it, right?

Becoming a mentor in Book Arb is one of the most wonderful opportunities of my life.

I live to make a difference & to share what I know & am learning. I think to be of value to others is a privilege.

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Putting my experience into practice both in our business & that others benefit is how I love to life my life i.e. “Being of maximum benefit to as many people as I can.” ~ Unknown

“Tell me & I forget, teach me and I may remember, involve me & I learn.” ~ Benjamin Franklin

The above 2 quotes hang on the wall of my office. It is how we (myself & Tom) both love to live our lives i.e. in service of a bigger purpose.

Undoubtedly it’s one of the many reasons that success feels so delicious to us. It is shared.

Already, in a very short space of time, the role of mentoring has accelerated our results, not least of which because it caused me to re learn the basics so that I could teach it more succinctly.

In order to master any area of our lives, perhaps the fastest & most effective way to achieve that is to teach that subject.

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“I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” ~ Bruce Lee

Doing the right things in the right order at the right time i.e. doing the basics until they are second nature, is what separates truly successful people from others.

Too often people move on chasing the next big thing instead of excelling in what they are currently doing. This can cause mediocre results in both endeavors instead of extraordinary.

“Really successful people say no to almost everything.” ~ Warren Buffett

Focus & continuous action in one discipline at a time, over time brings huge rewards.

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There is nothing we cannot accomplish when we become experts at what we do & continue to grow in that. It just makes sense when we think about it, right?

I appreciate where we are in our business now & I appreciate the road before us which has been made all the more magical by sharing our knowledge with other brilliant community members.

I celebrate our continued success…..

Next, I will discuss the value in immersion on a topic.

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