So there are actually two sides to the term "Mastermind" that I wanted to talk about so... here's both. 

The way I put it, there is a "personal mastermind" and a "structured mastermind." 

The personal one is a group of people that you connect yourself with in order to improve in your weakest areas. The structured one is the mastermind that is run more like a business and you can invite in as many people as you want... as long as they're willing to pay. 

Both can be SUPER beneficial, and I'll explain why. 
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Justin Phillips: 
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