Weekly interviews with successful property management entrepreneurs

Get tools you need to build a more profitable property management business.

The Power of Masterminding With Steve Welty

The Power of Masterminding With Steve Welty

Today, I’m talking with Steve Welty, the owner of Good Life Property Management which is based in San Diego. After selling his share in another property management firm in 2013, Steve started Good Life with the goal of providing the highest level of customer service and best customer experience in the industry.

In the years since, not only has Steve accomplished that, but he has also done so while building a business that supports the lifestyle he is looking for.

In today’s episode, Steve and I discuss the importance of Masterminding, how it has helped shape business and what makes a good Mastermind.

Subscribe on iTunes

Topics covered:

  • (00:00) – Intro
  • (01:32) – The Importance of Mastermind
    • (01:50) – Steve’s background into Mastermind 
    • (03:48) – How the Mastermind has transitioned into today
      • (04:18) – Jordan’s foray into Tribe Mastermind 
      • (05:03) – Jordan hosts 2 Masterminds
        • (05:37) – Mastermind
        • (06:22) – Very Lonely in the Entrepreneurial World
    • (07:01) – Steve’s First Mastermind in Management was a Game-Changer
      • (07:39) – Different Levels of Mastermind
      • (07:59) – Exclusivity is a Good Thing
      • (09:06) – Steve’s Mantra 
      • (10:00) – Difference between Paid and Non-Paid Masterminds
      • (10:50) – Having a Mastermind is the main goal
        • (11:05) – Difficulties of maintaining a Mastermind
  • (11:41) – What makes a Good Mastermind?
    • (12:40) – Steve provides his thoughts on creating a good Mastermind
    • (13:10) – Commitment is a priority
    • (14:33) – Jordan details the “Give-Ask” Exercise
    • (15:21) – Steve details “Positive Focus”
    • (16:38) – Member Profiles help contribute to a positive Mastermind
      • (17:22) – Importance of similar and open data helps collaboration
      • (19:10) – Problem-Solving becomes more manageable
      • (20:06) – Find the best people in your field and study what they do
  • (21:16) – Tribe Mastermind
    • (21:47) Business doesn’t have to be hard
    • (22:43) – True Success and Goals
      • (24:40) – What would make you feel good about your progress in 3 years?
  • (26:03) – Is Abundance Important?
    • (27:05) – The more you give, he more you get
    • (28:04) – We have similar challenges
  • (30:01) – How often should you Mastermind?
    • (30:21) – Steve discusses the 3 annual events
    • (30:50) – Monthly Call
    • (31:05) – Voice Note Sharing in Tribe
    • (31:33) – Where to learn more
  • (32:24) – Steve and Jordan discuss the event in January
    • (33:50) – When will the first call be?
  • (34:15) – Invitation to Mastermind
  • (36:10) – Closing

Resources mentioned:

Napoleon Hill – Think and Grow Rich

Gary Keller, The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results

Where to learn more: 

If you want to learn more about Steve’s business, head over to his flagship website at Good Life Property Management. 

If you want to apply to Steve’s mastermind, simply fill out this short application.