October 14

Episode 1479: Interview with Jeremy Shapiro About the Power of MasterMinds for Business Growth

Inspired Stewardship Podcast, Interview

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Join us today for the Interview with Jeremy Shapiro, about working on your business not in your business...

This is the interview I had with Jeremy Shapiro on the power of masterminds.  

In today’s podcast episode I interview Jeremy Shapiro. I ask Jeremy to share with you why he believes in the power of masterminds to help you get unstuck in business. I also ask Jeremy to share why entrepreneurs burn out and how to avoid it. Jeremy also shares more about where masterminds came from.

Join in on the Chat below.

Episode 1479: Interview with Jeremy Shapiro About the Power of MasterMinds for Business Growth

[00:00:00] Scott Maderer: Thanks for joining us on episode 1, 479 of the Inspired Stewardship Podcast.

[00:00:09] Jeremy Shapiro: Hi, I'm Jeremy Shapiro, and I challenge you to invest in yourself, invest in others, develop your influence, and impact the world by using your time, your talent, and your treasures to live out your calling. Having the ability to recognize that you don't know What you don't know is key, and one way to be inspired to do that is to listen to this, the Inspired Stewardship Podcast with my friend, Scott Mader.

[00:00:34] With the

[00:00:40] Mastermind specifically, it is really one day a month that you get to spend focused on working on your business. as opposed to being stuck working in your business. And it doesn't have to just be that one day. Think about how much time do you spend every day, every week, every month, every quarter year, so on [00:01:00] intentionally working on your business versus just doing the work in your business.

[00:01:04] Scott Maderer: Welcome and thank you for joining us on the Inspired Stewardship Podcast. If you truly desire to become the person who God wants you to be, then you must learn to use your time, your talent, And your treasures for your True calling. In the Inspired Stewardship podcast, you will learn to invest in yourself, invest in others, and develop your influence so that you can impact the world.

[00:01:36] In today's podcast episode, I interview Jeremy Shapiro. I ask Jeremy to share with you why he believes in the power of Masterminds to help you get unstuck in business. I also asked Jeremy to share why entrepreneurs burn out and how you can avoid it. And Jeremy also shares more about where masterminds originally came from.

[00:01:58] I've got a new book coming out [00:02:00] called Inspired Living, assembling the puzzle of your call by mastering your time, your talent, and your treasures. You can find out more about it and sign up for inspiredstewardship. com. Inspired Living. That's InspiredStewardship. com, Inspired Living. As a mentor and a coach to entrepreneurs, serial entrepreneur Jeremy B.

[00:02:26] Shapiro helps founders find entrepreneurial freedom as true business owners, an important distinction that many entrepreneurs can easily miss when working in their business instead of on their business. For over two decades, through structured masterminding, one on one coaching, and consulting work, Jeremy has been helping entrepreneurs discover the core strengths in themselves and their businesses and attain the freedom they deserve.

[00:02:54] Welcome to the show, Jeremy. Thanks for having me on. Glad to be here. [00:03:00] Absolutely. I talked a little bit in the intro about some of the work you've done with business owners and running masterminds and coaching, consulting, a lot of the different things that you've done, but I always think about Intros is like the Instagram photos of our life.

[00:03:17] They just show some of what's going on, not everything. So would you mind unpacking a little bit more about your journey and what kind of brought you to the point? where this is what you're concentrating on and doing and putting out in the world.

[00:03:31] Jeremy Shapiro: Yeah. As I look back at that journey and how I've gotten to where I'm at a lot of it really goes back to, childhood, even in high school years.

[00:03:39] I've always had my own businesses. I've always been an entrepreneur at heart. And every one of my businesses has always spun off and ended up launching some side business or some new business. And that's how I became a serial entrepreneur is by having more than one business along the way. And a lot of that comes down to, I think, three key things [00:04:00] that help us entrepreneurs be entrepreneurs.

[00:04:02] And that's that. We first see opportunities or gaps or problems or things out there in the world, typically in our own world as a consumer or customer. And we think there's got to be a better way. Secondly, we see a solution. We know not just that there's a problem, but we feel that there's a solution to the problem.

[00:04:23] And that's where we get those ideas. But most importantly, is we feel empowered to do something about it. And then we go and we actually execute on that. And next thing you've got a business filling a need in the marketplace with your own unique idea that you've executed upon. And that's something I've done time and time again for myself.

[00:04:41] And often by being a customer for my own next business and realizing there were more customers out there than just me for whatever that new product or service would be. That's really how I got to where I am today.

[00:04:52] Scott Maderer: Why do you concentrate so much on, now doing the mastermind, the one on one coaching and that kind of work?

[00:04:59] How is [00:05:00] it, obviously that's still a business and you're still doing it as a business, but it's a different kind of problem and solution. I think that then some of the other things that you've done Where did that desire to help others on their journey come from?

[00:05:14] Jeremy Shapiro: All of my businesses from the very beginning have been in the service of other business owners, entrepreneurs, and founders.

[00:05:20] Entrepreneurial freedom is something I'm a big believer in. And, when we talk about entrepreneurial freedom, it's so much more than just, the financial freedom part, right? We're stewards of our own time. We've all got the same amount of time. We've all got the same arc during our time here on this earth, but the question is what do we do with that time over our life, right?

[00:05:38] And I'm, a strong advocate for being intentional about how you use that time. And I don't know about you, but the idea of working, 95 hours a week for, some company or worse in your own business doesn't seem to make a whole lot of sense. And so when we help entrepreneurs move towards entrepreneurial freedom, that gives them optionality.

[00:05:58] That gives them the [00:06:00] choice of how they want to spend their time. And I think that's hugely important, not just obviously for myself, but for, clients, members, and so forth over the years.

[00:06:10] Scott Maderer: So one of the things I like to highlight is how our own particular spiritual walk, faith walk, whatever name you want to give it, intersects with kind of our life journey and what we do as entrepreneurs, what we do as coaches, what we do as leaders.

[00:06:24] Would you share a little bit about how your particular walk has played out? across your life.

[00:06:30] Jeremy Shapiro: Yeah, I've seen variations of what things look like later on in life. We had a nine month period where my wife lost both of her parents and I lost one of my parents all in that same nine month window.

[00:06:41] Wow. And these were, in all three cases, folks who had just recently retired and in all three cases had put off a lot of things they wanted to do in life until retirement. So there is this belief that you put in the time, you work hard until some arbitrary retirement age, and [00:07:00] then with whatever you got left, time wise, health wise, wealth wise, and so on, you then start to do the things that you feel are important.

[00:07:07] And, not just those three deaths in the nine month period, but even my own grandfather, who I never knew because he himself worked for a big company his entire life. retired with that pension and within a week got up from the dinner table, sat on the couch, heart attack and died. Wasn't even one week into her retirement.

[00:07:25] There have just been so many examples in my life of people who've pursued that model of life and I've just seen it not work out again and again. So I'm a big believer in there being a better way, that when you create that entrepreneurial freedom, you can be intentional how you spend the time here and you can start to do the things that you feel will be important later in life now.

[00:07:47] So if you fast forward, you close your eyes and think about, there you are lying on your deathbed. Are you ever thinking, gee, I wish I'd worked more hours, right? Are you ever thinking, gee I'd wish, I'd been busier, right? Usually it's a matter of, [00:08:00] feeling you spent more time with loved ones or being more involved in your community or whatever these things are, pursuing hobbies or having closer connections with friends, right?

[00:08:09] It's all these things that like, guess what you can do now, right? You can carve out that time to be there for friends, for family, for your community and so on today and not have that be some future thing. You can pursue your passions and interests and hobbies and things that are important to you today.

[00:08:27] not on some future date. And so that's one of the big reasons I'm a huge proponent of entrepreneurial freedom and why, my entire career has been around helping other entrepreneurs to get there.

[00:08:38] Scott Maderer: It is I talk about often living in what I call the both and as opposed to the either or where, we have a tendency, I think, in our society to put things in boxes where, it's either this or it's that it's, you're retired or you're not you're working or you're not, everything's black and white, when the reality, a lot of times, if you're a little bit more creative with what you want to look at, you can find [00:09:00] ways to do, Both and so it's don't just live in the moment, Oh, don't worry about tomorrow.

[00:09:04] It'll be take care of itself. That won't work. And also don't save up everything and wait until the last, I'll do it all after I'm retired because there's no guarantee

[00:09:12] Jeremy Shapiro: that tomorrow will come for any of us. It's all around that. And there's a story that I love that when you talk about the end that I think of.

[00:09:20] When my wife and I were first dating we started dating at the when she started going to college. And so as we're getting into her senior year, we've been together now, three years going on four and she sat me down for an important conversation. And she laid out for me that there's this really prestigious and competitive scholarship that she was looking at getting that if she got this which she probably wouldn't because it's really difficult, but if she did, she'd be moving to Europe for a year.

[00:09:45] So And so she looked at me and, to see what my reaction was going to be and what I think she was hoping is that I'd say, no, don't go, stay here with me. But my reaction where I was the entire time was that's amazing. [00:10:00] Where would we live? And so she looked at me and she's wait, what do you mean?

[00:10:03] I'm like this sounds amazing. Tell me more about this. Where would we be living? And she was like, wait you would come with me. And my answer without missing a beat was like, of course, like you should pursue this. And of course you're going to get the scholarship and that'd be incredible. And what a great experience we'll have.

[00:10:18] Long story short she did get a Fulbright scholarship. We did move to Europe for a year. She's incredible and amazing and knocked out an amazing year abroad. And I was part of that because we weren't looking at this as this either or like we can be together or she can, pursue a dream. We're able to do both.

[00:10:37] Scott Maderer: And it sometimes takes some creativity and some bravery and other things, but there's often a middle ground in there that I think a lot of times we miss because we don't even look for it, if that makes sense. So I talked earlier about masterminds being one of the things that you're an advocate of, and I'm an advocate of them as well, but I think we've reached a point in a way.

[00:10:59] It's like [00:11:00] coaching. Where it mastermind is almost a sexy term, it's oh yeah, I've been a mastermind becomes a badge of honor in a way now, and I see a lot of times where masterminds being thrown around and people have lost track of. What it means, where it comes from, what it isn't, and that kind of thing.

[00:11:18] But you talk a little bit about from, from your point of view from the way you advocate for them, what is a mastermind, what isn't a mastermind and how is it something that can serve people?

[00:11:29] Jeremy Shapiro: Yeah, if we look back historically, like this whole idea of a mastermind really became more well known from Napoleon Hill's book Think and Grow Rich from 1938, right?

[00:11:38] In that he has chapter 10 called, Power of the Master Mind, The Driving Force. And he lays out this whole idea, and in modern day terms, if you think about when you're working on an idea, if you're working in a vacuum by yourself trying to be creative and think of something new, you do get some ideas, and that's good.

[00:11:55] But now compare that with brainstorming with some other people, right? You're spitballing ideas of [00:12:00] Mac year, you're riffing on each other and you're developing something and the end result isn't anyone's individual contribution. It's created by this mind, that's this virtual mind created by all those who are there, right?

[00:12:12] So with a mastermind, it's you working on your life, your business, your whatever it is with others whose only interest is in helping you. right? And when everyone is those tentpoles leaning in, being able to support each other and help them through, you have people you can truly share your successes with as well as your challenges.

[00:12:32] And so in a modern day format, what that means is like at the Bay Area Mastermind, we get folks together once a month for a full day of working on the business, right? I've been part of mastermind groups for, two decades in various forms. Sometimes this means you hop on a plane, fly somewhere exotic for a few days and meet with a bunch of folks.

[00:12:50] And maybe that happens two or three times a year. Other times you might be like in an accountability group where you hop on a call once a week for maybe 30 minutes, 60 minutes. Or you meet at a coffee shop, [00:13:00] right? And you talk about what's going on in your life and all. But what we found is on that, in that first model, if you miss one meeting, or even if you go to all of them, it's, three to six months between your destination meetings and your whole world can change.

[00:13:13] You can have sold a business launch, two new businesses and all this. In that period of time, so that cadence is just too far apart. You're also typically writing five to six figure size checks every year just to be parts of those groups. And they're phenomenal from a networking standpoint who you get to hang out with and so on.

[00:13:28] But it's a lot of time away. They're really expensive and the cadence is too far out. In those like coffee shop accountability groups, they're free to maybe a hundred bucks a month. And because there's so little skin in the game, the turnover is pretty high. The show rate is pretty low and you really can't get into what's going on in your business, in such a short period of time.

[00:13:50] And the cadence is so short, you haven't had time to really take action on big things that move the business. So the format I love, and this is the model we follow, is the monthly cadence. [00:14:00] So you get together once a month for one full day to really deep dive into your business. This gives every person in the room a chance to have a dedicated hot seat and really get into what's working, what's not, and where they need help.

[00:14:12] And what I find so fascinating about this is when people join us for a test drive and get to experience a full day mastermind, they bring two things into the room, right? One is we've all got our superpowers, our areas of expertise. If you think for a moment what are the things you're really good at that others look to you and say, like, how did you do that?

[00:14:30] Why is that so easy? And you're like, I don't know, right? Like those are your superpowers. It could be you're an amazing marketing ninja, right? Or you're a fantastic product person, right? Or maybe you really just get systems, whatever it is. Right? Those are your superpowers. That's the stuff, that, the reason folks find us usually, and they, are looking to join a mastermind is because they've got a big question, right?

[00:14:52] Something keeping you up at night. There's a block. There's something that you felt. If only I got answers or insights to this. Wow. What a different world it would be. [00:15:00] So that's something, that you don't know. See, when you know, you don't know something. Yeah. you can go and search online for it. You can find books, you can seek out experts, you could ask around and you can get answers to the questions you have.

[00:15:13] But the biggest pivots, the biggest growth, the biggest opportunities I've seen time and again in our group is actually in this big, huge third category. And that's the things you didn't know that you didn't know. So how do you get exposure to the things you don't know you don't know if you can't go looking for them?

[00:15:31] It all comes down to who you surround yourself with. We've heard this idea. You're the average of the five people you spend the most time with. Let's be intentional about that, right? Let's be stewards of our time. Let's be stewards of how we use that and hang out with the people who are going to help you get unblocked, who are going to show you what they're working on, what's working and what's not, and expose you to ideas that you never knew.

[00:15:52] Expose you to pitfalls and challenges you didn't know were out there. So you're aware of them before you get there. That's how we get [00:16:00] unblocked. That's how we get past those plateaus. That's how we can really grow as individuals and as business owners.

[00:16:07] Scott Maderer: So when you think about those folks that come in there and, I, not knowing what you don't know, I agree is a big pitfall.

[00:16:15] And what what is it about surrounding yourself with other entrepreneurs? I think a lot of times entrepreneurs tend to feel like they're on an island and they worry about. Getting in a room with other entrepreneurs, there, there's a little bit of fear, a little bit of trepidation.

[00:16:32] Sometimes it's, oh, I'm going to let my competitor know something about me. Sometimes it's, oh, I'm going to, I'm going to expose that. I really don't know what I'm doing. Impostor syndrome, all of these sorts of things kick in. What are some of the ways that you've seen. The benefit side of it.

[00:16:48] And then what would you say to somebody who's got some of those fears and those thoughts when they think about plugging in and talking to other entrepreneurs about what's going on in their business?

[00:16:57] Jeremy Shapiro: I love that you mentioned imposter syndrome. It's something, I write about and [00:17:00] I've talked about a fair amount.

[00:17:01] And for our listeners, if you're feeling this way, good news, almost all entrepreneurs suffer from imposter syndrome. Welcome

[00:17:07] Scott Maderer: to the club.

[00:17:09] Jeremy Shapiro: Welcome to the club. It's okay. What I've found makes for a much more valuable time in our mastermind groups is if you're able to be vulnerable and truly share what's actually going on, right?

[00:17:21] This does a few things. One, it, it can be a weight off your shoulders to know, Oh, I've shared this. I'm not worried that when people find this out people will know, right? Two, it can be is it lets you be open to input and ideas and the feedback you'll get around that. Three, you get the support you need.

[00:17:37] And four, if everyone else is being vulnerable and sharing what's going on, you might find out that the thing you were worried about sharing, others have shared and talked about as well too. And so that, that can really help us to realize we're all in the same boat on the same journey. And in fact, others have deep experience and what we might consider a really big challenge or an embarrassing situation or something difficult.

[00:17:57] Other folks have been there too. And when you ask about it or [00:18:00] share. you can get that valuable input. So we've got to be able to be vulnerable. We've also got to be open to feedback, right? As entrepreneurs, we're not used to being challenged by others, right? We're used to people saying, yes, okay boss, that sounds great.

[00:18:12] Let's get it done, right? We move forward. People either don't get what you do or they go along with what you do. Rarely do people ask you the tough questions or push back, but in a good mastermind environment, you're going to have people who will ask you questions. If something doesn't make sense, they're going to call you on it.

[00:18:28] And if you've got your blinders on, they're going to let you know that there is something you're missing here. And we'll make sure you see it. And that's so valuable because as entrepreneurs, it's lonely at the top. Where else do you get that kind of unbiased direct feedback that is purely meant to help you level up your game?

[00:18:45] It doesn't happen outside of a mastermind setting.

[00:18:50] Scott Maderer: What are there other ways that you have seen folks benefit from a mastermind in that maybe are, for lack of a better [00:19:00] word, the surprising way or the way that maybe you would say most people would be, would find unexpected or unusual?

[00:19:08] Jeremy Shapiro: Yeah. So two things come to mind when you ask that, right?

[00:19:11] One is that a lot of times people come in with one business in mind and one problem, at hand, but from conversations in the mastermind group one of a few things happens. One is like entirely new channels are added to the business, new products, new sales channels, and so on. Simply because you didn't know they existed, and so from the conversations in the room, you're able to, expand the business that way, right?

[00:19:33] One example I love to share that I, I've seen from what we call the cross pollination of ideas is, you have an e commerce business and a brick and mortar retail store shop in the room, right? The e commerce business owner is talking about email marketing. How every time they send email, money comes in the door, and they look at things like click through rates, earnings per click, and things like that.

[00:19:53] The retail store owner doesn't do any of that, and so has all kinds of questions about what stats do you look at? What providers do you use? What do you [00:20:00] put in the emails? Are they promotions? Is it a content? How often do you mail? All these things, and they've got an expert right there sharing what's actually working for them in their business.

[00:20:07] Secondly, you then have, for example, the retail store owner is doing direct mail, right? So they're sending out direct mail pieces, they're doing list purchases, they're sending out, postcards, letters, promos, and so on. And the e-commerce business owner there. Who has success in their own right is asking questions.

[00:20:24] Where do you get your list? Do you use list brokers? What kind of mail has to use? What format piece do you send and so on? And so next thing you know, these two business owners who are both successful and have a really good sales channel are learning and being exposed to an entirely new sales channel by people who are seeing success there and can then translate that and add that to their business.

[00:20:44] Over the course of the next month, wouldn't you know that the e-commerce business owner starts doing direct mail and is getting new customers who had never heard of their business before buying from them? The retail store owner starts using email marketing and starts getting customers back into the store, and [00:21:00] customers becoming repeat customers and buying and getting to be part of a loyalty program and so on.

[00:21:04] Simply by using those best practices. . And so that's adding on the additional sales channels, right? The second big thing we see is businesses launching an entirely new business, right? Where serial entrepreneurs and from the ideas that come up in the room entirely, new businesses are launched. And I've seen multiple times for myself and for others, multimillion dollar businesses get launched simply from a conversation in the room, and that little back of the envelope idea can get quickly iterated on and then launched.

[00:21:33] And now you're in a whole different ball game just from the ideas and conversations that came up. And that's so huge. No one goes looking for those things, but those big moments that come out of a mastermind group.

[00:21:45] Scott Maderer: So I've got a few questions that I like to ask all of my guests, but before I go there and ask those, is there anything else about the work you do or what you've learned through masterminds that you'd like to share with the listener?

[00:21:58] Jeremy Shapiro: Yeah, I think, [00:22:00] for people who are familiar with the idea of a mastermind, sometimes you got to find the right one. Don't be afraid to try a group out and make sure you have the ability to do that. I've certainly been part of groups before where it's very kept behind the curtain of look, You hand over a significant size check and then you can get involved, right?

[00:22:15] And you don't really know what you're getting into. So be sure you can try out a group to see if the group's going to be a fit for you and for the group to see if you'll be a fit for the group. You really want to make sure there's that good two way fit.

[00:22:28] Scott Maderer: So you've mentioned a couple of times, stewardship of time and other things, and my brand is Inspired Stewardship.

[00:22:34] That's a lens that I use is the idea of stewarding. our resources and the things that we've been given. When you hear that word stewardship, what does that word mean to you?

[00:22:46] Jeremy Shapiro: Yeah, to me, like in the way I use it, and I love how, you often talk on this too. It comes down to what are we doing with our time, right?

[00:22:54] Is life going by and you're like, Oh my gosh, it's the weekend again. Or Oh, it's another Monday. Or are you being intentional about, [00:23:00] what you block in your calendar and what you get done? Whether that's in your personal life, your family life, or even your business. One of the things that we talk about in our mastermind now and then is the Eisenhower Matrix.

[00:23:10] And if you're not familiar with it I can share with you for show notes a link where you break down what that is. But it's a way of looking at your to do list, right? Every entrepreneur, we have an endless to do list, the mountain in front of us. And it lets you prioritize things as important or not important and urgent versus not urgent.

[00:23:26] And when you apply that quadrant to things, it clarifies real quickly where to be spending your time, what to ignore, what to schedule, and what to delegate. And that allows us to start being intentional with how we use the time in our business. With the Mastermind specifically, it is really one day a month that you get to spend focused on working on your business as opposed to being stuck working in your business.

[00:23:53] And it doesn't have to just be that one day. Think about how much time do you spend every day, every week, every month, every [00:24:00] quarter year. So on intentionally working on your business. Versus just doing the work in your business, because guess what? The work in your business will always be there because that's the work of the business, right?

[00:24:10] So it's okay. You're doing that. But the idea to move towards that entrepreneurial freedom is to spend more and more of your time. If you are working in the business, doing the work on the business, the strategic work, the systems work, and all of that, so you can spend less time in the business and be more intentional about your time

[00:24:27] Scott Maderer: and connecting that to the Eisenhower matrix, working.

[00:24:31] In your business. A lot of times you're doing the important, urgent stuff. Because it's right there in front of you. It's on fire. You got to put the fire out, and it's that important, not urgent stuff that a lot of times gets ignored and gets put off. And I'll do that tomorrow.

[00:24:47] I'll do that later. And it never gets done because

[00:24:49] Jeremy Shapiro: if you find yourself firefighting constantly, like it's not sustainable. I know some personality types like thrive in that. And that's okay. But that means you'll be forever stuck, fighting fires. So [00:25:00] carve out the time, be more intentional, step back, and you can do the work on the business to make sure there's less fires to fight tomorrow.

[00:25:07] Ideally that quadrant of, important and urgent gets smaller and smaller and smaller. And look, there'll always

[00:25:12] Scott Maderer: be

[00:25:12] Jeremy Shapiro: some, right? The idea here is not risk elimination. That's a fallacy, right? The idea is risk mitigation, minimizing the risk.

[00:25:23] Scott Maderer: And risk reduction too, because again, it's, do you have people cross trained in a way where even if you lost an employee that it's not like you're completely brought down to, to scramble and nothing mode and, all of these sorts of things that, that and I think too, and it's I'd like your input on this.

[00:25:40] I think a lot of times folks that start as a solopreneur or. You know what I would call a micropreneur where it's maybe them and like a VA or that kind of thing if they grow that in some ways can be a real danger because they've started with that mindset of I have to do it all and getting them out of that [00:26:00] mindset into tradition into more of a business owner mindset is a different thing.

[00:26:06] Jeremy Shapiro: We, we see it a lot in helping solopreneurs move towards business owners. There's often these blocks. One of them is like the perfectionist mentality, which is really dangerous. The perfectionism will prevent you from launching your products, from creating systems, from hiring and so on. Really the, where we find that freedom is the combination of, systems and people to run those systems, right?

[00:26:27] So putting those in place means relinquishing some control and letting others deliver at your standard through the systems that you create. That's how you get that time back and find that freedom.

[00:26:42] Scott Maderer: So this is my favorite question that I like to ask everybody imagine for a minute that I invented this magic machine and with this machine, I could pluck you from where you are today and transport you into the future, maybe 150, maybe 250 years, but through the power of this machine, you were [00:27:00] able to look back on your entire life, see all of the connections, all of the ripples, all of the impacts you've left behind.

[00:27:07] What impact do you hope you've left in the world?

[00:27:10] Jeremy Shapiro: The mark I'm leaving is around entrepreneurial freedom. It's around inspiring others to take that step and get out there, and not just to have a business but to set it up in such a way that it frees you to be free. There's been a whole hustle mentality that I just think is so toxic that's come out.

[00:27:29] This idea of, working 180 hours a week, nine days a week, like it's just not sustainable, right? It's a really toxic backwards mentality that I think is harming so much more than any good it's possibly doing. And I think the world is a better place for all. If we rewind 100 years back to look what businesses were right, there were business hours, right?

[00:27:53] You did work you enjoyed doing, right? It was fulfilling. It was meaningful. It helped out your community. It helped out your family. You provided [00:28:00] jobs and did meaningful work, right? We can get back to that. And the mark I'm leaving is all around helping entrepreneurs to not just get started, but then move forward with the goal of having an entrepreneurial freedom.

[00:28:12] So what's on the roadmap? What's coming next for you as you continue on this journey? We talked about systems and people and all that. What's been really exciting for us at the Bay Area Mastermind is, even further codifying how it is we do what we do and having other facilitators, facilitating meetings, and even, looking at how they can have our mastermind in a box.

[00:28:34] Available for their own community. So they just do their own thing, but following our best practices. And that's really an exciting, next next step for us as well.

[00:28:43] Scott Maderer: Awesome. So you can find out more about Jeremy over at bay area mastermind. com. Of course, I'll have a link to that over in the show notes as well.

[00:28:53] Jeremy, is there anything else you'd like to share with the listener?

[00:28:57] Jeremy Shapiro: Ship it. The idea you have, the thing [00:29:00] you want to do, figure out what that MVP is and get it out there. You got an idea for that, for a book, start selling it. You have an idea for a course, start marketing it. It's better to fail fast and realize your idea isn't a great idea, because sometimes that's the case.

[00:29:16] Find it out early on before you've invested too much time or money into it. If it's got legs you'll know, and you can build it and deliver it and and be proud of what you're putting your name on. But better to do that sooner than spending years in the laboratory to find out no one wants what you built.

[00:29:29] Get out there and do it.

[00:29:36] Scott Maderer: Thanks so much for listening to the Inspired Stewardship Podcast. As a subscriber and listener, we challenge you to not just sit back and passively listen, But act on what you've heard and find a way to live your calling. If you enjoyed this episode please do us a favor. Go over to inspired stewardship.

[00:29:59] [00:30:00] com slash iTunes rate. All one word. iTunes rate. It'll take you through how to leave a rating and review and how to make sure you're subscribed to the podcast so that you can get every episode as it comes out in your feed. Until next time, invest your time, your talent, and your treasures, develop your influence, and impact the world.


In today's episode, I ask Jeremy about:

  • Why he believes in the power of masterminds to help you get unstuck in business...  
  • Why entrepreneurs burn out and how to avoid it...
  • Where masterminds came from...
  • and more.....

Some of the Resources recommended in this episode: 

I make a commission for purchases made through the following link.

With a mastermind specifically it is really just one day a month where you get focused on working on your business rather than in your business. – Jeremy Shapiro

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You can connect with Jeremy using the resources below:

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About the author 

Scott

Helping people to be better Stewards of God's gifts. Because Stewardship is about more than money.

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