SPI 074 : The Power of Relationships, Masterminds, Meeting in Person and BFFs with Chris Ducker

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In this session of The Smart Passive Income Podcast, I’m happy to welcome my good friend Chris Ducker from ChrisDucker.com to the show! After we both attended Chris Gullibeau’s World Domination Summit in Portland, Chris came down to San Diego to hang out with my family for a week.

This is the second time Chris has been a guest on the show. The first time was way back in SPI Podcast Session #20 when we talked all about Virtual Assistants. Today’s session is unique because it was recorded with Chris right next to me in my home office, which was pretty cool. :)

We decided to record this impromptu session because we had such a great time putting together a full-day premium mastermind event for 25 people at a co-working space here in San Diego on July 12th. It was such a success that we wanted to talk about what we learned from putting on the event and also how important starting and building relationships is for your business, and just how powerful extremely close relationships are for your business too.

This is a very casual, fireside chat-like episode. It’s different from all of the others (probably because Chris and I are chatting in the same room) but one of the most fun to record and I definitely know you’ll find value in it. I hope based on our conversation together that you might consider becoming the node for connections within your niche and start your own mini-events like this too one day.

I can’t speak for Chris, but I know that for me putting on this event was one of the most fulfilling things I’ve done. Already we’ve seen attendees take action, form mastermind groups and some have already requested a reunion meetup next year! How awesome is that?!

Items Mentioned in This Session:

Right click here to download the mp3 file to your desktop. 

Chris and I may get together in the future to do more 1-Day Business Breakthrough events just like this one. There are no set dates in mind yet, but if you’re interested sign up to the email list below and you’ll be the first to know when it happens. Of course, Chris lives in the Philippines so this won’t happen too often, but he travels in and out of the U.S. quite a bit so if there’s enough interest and it makes sense, we may put on another event.

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Every once and a while, I’ll be recording podcast episodes that are completely driven and made up of questions asked by you, so if you have any questions you’d like potentially answered on the show, simply record a voicemail over on my Speakpipe Page.

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I hope you enjoyed this episode. Please let us know what you think in the comment section below. Cheers!

Transcript

Click Here to Download the Transcript for Session 74 (PDF)

  • http://www.debtsanddollars.com Adam @ Debts & Dollars

    I tried Ning when the first came out and then a few years later and have never really been impressed by them. Their free service isn’t bad and their paid service isn’t to shabby but in the end I just felt their service was never right for what I was trying to achieve. I have however followed some of Chris’s advice when it came to virtual teams and the best ways to manage them and that has helped out quite a bit when it came to hiring my first virtual assistant.

    • http://kangjum.com Patricia Lim

      True friend, basically to make all the connections this virtual world we need a solid bridge than just a paid website though. Quality and will need each other more striking final destination

  • http://www.superuschova.cz/ ANdy

    The greatest thing about being entrepreneur is that you can choose people you work with your co-workers and clients.

  • Marko

    I would like to see NING group link and how it looks like.

  • http://jakoszczedzacpieniadze.pl Michal

    Hi Pat,

    Now you can imagine how much fun we had recording our joint podcast episode with Ariadna :) Being able to sit with your guest in one room is great experience.

    Cheers!

  • http://breakingferriss.com Nate

    Man I have to say this episode was one of the more helpful ones. I have to make a confession – I’ve been sort of avoiding your podcast this month. The reason? My online business is taking longer/more effort than I thought. (Obviously, right? That’s everybody’s experience.) I was casting about for something to break the log jam, but then my day job that I’m doing my best to “batch” and “80/20″ flared up at deadline time, so I had to back-burner everything else. So it’s shameful, but I’ve kind of been avoiding exposing myself to you, Tim Ferriss, Spencer, and my usual menu of gurus because I don’t need reminders of everything I *should* be working on that I’m not.

    I feel like episode was perfect for me, because I realized that that very aversion to being more out in the open about things *was* the problem. I know all the folks I look up to have been intoning this like a broken record, but it only fully hit me today that relationships with other entrepreneurs are *pivotal*. Am I crazy? Why have I not been seeking out conferences like crazy? (Cause I’m scared of the money? Hello, tax writeoff…)

    Anyway, would KILL to participate in the next ODBB (that sounds like a Wu Tang rapper, but I’m trying to abbreviate…you get it;), no matter the stage of my business at that time. And took valuable things even just from your and Chris’ descriptions of the most common sticking points.

    Great ‘cast. Keep em coming!

    • http://www.incomegin.com Josh Lee

      Way to hang in there, Nate. I’ve noticed that when I am around other people who are good at what I want to be good at or excited about what I want to be excited about, I get better and more motivated. That includes conferences, but also when I just sit down with someone and chat. You might check out linkedin for local groups in your niche or business in your location and see about a monthly meetup which would be FREE. Just a thought.

  • http://smallbusiness-ideas-for-women.blogspot.com/ Gisela

    I like this post….

  • http://goodchurchwebsite.com Daniel

    Sounds like an interesting topic. I’ve been thinking about the value of having other people to talk to about what we’re doing online. I think that’s what I’ve appreciated about the niche site duel site so far.

  • http://www.plugins24.com Phil

    Hey Pat,

    great podcast again! I think networking is one of the most powerful methods to grow your business and your traffic. It can help anywhere in the blogging world.

    This episode came to me at the right time, I wrote a post about networking during NSD2 this week on my own blog :-)

    So I will have to work on my own network!

  • http://www.MoneyAhoy.com Derek – MoneyAhoy.com

    It’s always great to have a network to bounce ideas off of and gain insights from. It’s taken me almost 20 years to realize how important networking really is to one’s success. Trust me, it’s probably #2 after your willingness to work hard!

  • Allan

    No more mp3 download?

  • http://pctechbootcamp.com Aliaksandra

    At first I was like: “Why should I listen to this? I need to work on my website, I can’t waste time listening to Pat chatting with his buddy..” But I’m glad I stuck to it, because it all came together for me by the end . Working from home does have its benefits, but I need to step out from my comfort zone more often and connect with people. Which is hard for me sometimes because I’m not originally from the US and my accent gives it again the instant I speak. Welcome to the United States of America!

  • http://www.pualingo.com Vince Lin

    Patt are you at Comic Con this year?

  • http://www.pualingo.com Vince Lin

    Comerge is a cool place :)

  • http://skylanderscharacterlist.com Matt

    Absolutely loved the conversational, same-room format.

    You high school experience sounds a lot like mine. Although I was always very comfortable talking to people, I just never put myself out there. Now when it comes to entrepreneurship I find myself trying to do it all on my own. It’s about time to make some changes.

  • http://techwayz.com Pramod

    Great Podcast Pat ! Like your other Podcasts , this one is unique ! Looking forward for more .

  • kiritpatel

    Amzing post. Thanks Pat.

  • http://www.incomegin.com Josh Lee

    Love the concept of the one day meetup–too bad I am 5200 miles at the time! Let’s set something up in Edinburgh :)

  • Henry

    Must say the dynamic Chris and you had on this was so awesome and entertaining to listen to. You literally had me laughing out loud when you were describing how you first met and you commented about how hard it would be for you to not find him

    Great chat about the strength of relationships and collaboration. Loved hearing the things you did

  • http://www.openmastermind.com Peter Arends

    Great show. Thanks for the advice about Ning.

    I am thinking about building a MVP for a mastermind group-website, where you can find people that share your goals and values and start/organise/participate in a mastermind group. That would be another solution for the “entrepreneurial loneliness”-problem.

    Any thoughts on the functionality that site should have? What do you like about Ning for this purpose and what do you miss? What should it offer before you would consider using it?

  • http://smallbusiness-ideas-for-women.blogspot.com/ bobby

    It was the first time I visited this site and in this blog I found a lot of content is very interesting … thank you for sharing.

  • Norman

    I don’t see the mp3 link.

  • http://www.allstuffweb.com Serge Marchuk (@MrMarchuk)

    Totally agree with this podcast, in-person (especially now, in the information/digital age) is still one of the most effective ways to build relationships and gain trust. Too many people nowadays don’t even bother calling and stick to messaging/email for contact…

    Also, Pat: Since you launched this new player, there isn’t an option to download the podcasts… I have to use trickery to download them now :P

    (those that want to download it, right click/save on THIS LINK)

  • http://Www.betterblogimages.com Joseph Michael

    Loved this episode guys. It was “lit-er-al-ly” (sorry Chris lol) one of my favorites. The relationship building part of creating an online business has turned out to be one of the biggest blessings. Keep up the good work guys!

  • http://http//www.orchidflowershelp.com Rudi – Orchid Help

    Hi Pat,
    where do we find the download link for this Podcast? I used to listen to your Podcasts in my car and have a big collection on CDs. I don’t have an other place where I can listen to your good stuff.
    Thanks and have a good Weekend.

  • Mike

    Great show, as usual.

    I started in on Your Network is Your Net Worth by Porter Gale. Interesting conversation you had, goes along quite well with the read.

    Thanks for your efforts.

  • Robert Farrington

    Great topic Pat. I think building relationships is hugely important and finding a network of like-minded individuals really helped me get started.

    I’m heading to FinCon this year for the first time and I’m excited to meet my online friends in person.

  • http://www.markeroni.com Linda

    Link?

  • http://www.beatech.in Manthan Thakar

    Man, You’re awesome! Totally following all your post and podcasts!
    Thank you so much for your help.

  • http://www.eventchecklist.net Arwin Adriano

    Looking for the download link too. Hopefully Pat could fix this for us.

  • http://www.thepreparedperformer.com Molly Mahoney

    Another great show. When I was first out of college I took an acting class on NYC. Our class was mainly newbies and we were all ready to attack the city with our talent. We formed a group called “five things.” I didn’t know it at the time, but it was totally a mastermind group! We’d get together once a week and update each other on our career development. Then, we’d come up with 5 tasks we could commit to. It was AWESOME. Now that I’m teaching and not performing, I so wish I had a group like that now. I have no idea where to start. This podcast makes me think I could try and get a group of teachers together. The idea of cold emailing random teachers scares me, because I worry they would look at me as competition, but I think I just need to get over that. I’d love to know how others have found groups of like minded strangers :-) Thank you again for all that you do!

  • http://www.thepreparedperformer.com Molly Mahoney

    As soon as I sent that last comment… I received the most recent Breakthrough Blogging email. Maybe the forums can help with this. Stoked! Thank you!

  • Quadzilla

    Random question. I was watching the video on niche 2.0 in the post at this url

    http://www.smartpassiveincome.com/niche-site-duel-2-keyword-research-seo/#comments

    There are 248 comments but it looks like it’s now closed for comment as I can’t find a way to add one. Is that correct?

    My question was when I go to google ad words, my console when clicking on “keyword tool” doesn’t look exactly like the one that Pat is using. It seems more like a dumbed down version.

    Is there a reason for this? Do you have to pay to get more power from it? FOr example, I could only include a filter for 1 monthly search criterion, either greater or less than, but not both. He had the ability to add more. I didn’t see anywhere to do that.

    Also, is anyone still using Market Samurai? I watched the video on that and started trying to use it, but it seems the post i watched was ancient and it’s now out of favor.

    HELP!!! :)

  • http://hcgchica.com Rayzel Lam

    LOL! “to be honest we did make a little money off it”- I sure hope you guys did! That was a huge load of work for you guys! We are not offended at all by that- the point is like Chris said, to be able to make money while providing something truly helpful and worthwhile, which is exactly what it was.

    As an attendee, I have to say it was worth every penny. And I’m one of the ones who flew in- not from the U.K., but I did get up at 4a.m. for my flight there, then left that same day to go home and finally got to sleep in my own little bed about 1a.m.

    Both you Patt and you Chris totally rock. It was really neat to see the huge variety in everyone’s business and to hear the ideas percolate for each person.

    As a result, I have already gotten a huge amount of work done on the start of my own digital product thanks to you guys and everyone else there.

    Thanks guys! Great podcast!
    Rayzel

  • http://www.traffictravis.com Michelle – Traffic Travis

    Hi Pat,

    Any chance of a podcast download? It’s always nice to listen to podcasts when driving, or biking to work, or at the gym.

  • http://www.LiveWorkTravelUSA.com Dan @ Live Work Travel USA

    Loved this episode and the British influence!! :) Especially because I’m talking both American and British English at the same time, sometimes confusing other people including myself.
    Awesome, that Chris tried to get a discount at Starbucks by just asking for it. I was wondering if I should try it myself after hearing about it in one of the last SPI podcasts. Great story!

  • Melissa Wilson

    Great episode, Pat. I really liked the format of it and even though it was more casual than usual, it was still very informative. I would say that you should do episodes like this anytime you have the chance to have your interviewee in the same place as you.
    Melissa

  • Carrie

    Very helpful. Entrepreneurial loneliness is a big problem! I’m wondering if you might consider doing a podcast sometime about conferences, specifically which ones might be worth mentioning, how they compare, etc. Thanks for the show!

  • http://www.danielfastsupplements.com Daniel @ Daniel Fast Supplements

    Aloha Pat,
    I’m from Hawaii and I just started listening to the show. This episode made me excited. First Hawaii is very laid back, tropical drinks, beaches, etc.. and I have a hard time meeting people here that are like minded. I feel so awkward talking about websites and the like. Most people here don’t like to talk about that kind of stuff. So it was refreshing to think you and Chris are miles apart and you cultivated your friendship through skype. I really need to find people like this. I just started an online business selling supplements to a very niche market (people who are fasting). I poured my heart and soul into this online business and yet no sales maybe I’m too niche? Side note to this: (I regret not building a tribe for fasters). Anyway a few questions I have: how did you find a friend like Chris? How do you go about finding business friends that care about you? What do you look for? What’s a good sign that person is “awesome” for you and your business? Anyway’s Aloha and maybe a one-day mastermind group here in HAWAII 5-0 – Daniel

  • http://www.birthtouch.com Kathy Morelli,LPC

    Hey there – can’t wait to listen to this…the niche I’m in is very tight. I have many contacts, and have many friends in the niche, Yet, some of those in the who are well know are very closed off and only network with a very tight group…so I think I need to listen to this to understand this art of networking !

    • http://www.danielfastsupplements.com Daniel @ Daniel Fast Supplements

      Hi Kathy, were you commenting to me? Not sure if this was directed to me. Thanks! – Daniel

  • http://generationalprominence.org Michael T. Randall

    Hey Pat -

    First of all, thanks for everything that you’ve done with SPI. Before I started following you, I was a bit skeptical about your platform being “another affiliate marketer”. As you’re well-aware, I was immediately proven wrong.

    Speaking of relationships, I already feel that I have a personal relationship with people like you Chris, C.Ravenscraft, and others because of how transparent you all are. There is so much transparency among the small community of quality podcasters that I already feel like I belong, although I’m light years behind each of you. In addition, I’ve found almost every resource for starting my blog and podcast through smartpassiveincome.com or podcastanswerman.com because you guys are so thorough about your content and the resources you provide.

    I appreciate what you do, Pat, because you’re setting a great example for ethics in business. Lately, I’ve found myself “googling” SPI instead of Google.

    Many thanks,
    Mike

  • http://www.affilorama.com Mary – Affilorama

    Thanks for a great post Pat. Building relationships is crucial for successful Internet marketing. Without relationships you aren’t going to get anywhere. Treat everyone you deal with in your online business as a prospective relationship partner, even someone who shows up on your site and wants to pick a bone with you.

  • http://www.navidmoazzez.com Navid Moazzez

    This episode is just awesome! Both you and Chris shared some valuable insights, and I couldn’t agree more that it is so important to go out there and meet and connect with like-minded people.

    Ever since I joined a few mastermind groups, I find myself taking the right action and moving forward a lot faster since they also hold me accountable for the things I say I will do.

    Thanks again for everything you do, and keep up all the hard work :)

    • http://www.traffictravis.com Michelle – Traffic Travis

      Mastermind groups are a great idea, because when you surround yourself with like-minded people great things are basically bound to happen!

  • Kathleen Jasper

    I am an administrator in education and I work on getting teachers and administrators to work together to increase creativity and productivity in education. I am also a doctoral student and my focus is on how relationship building and collaboration improves professional development among teachers, subsequently improving student achievement. I really enjoyed this podcast because of the parallels I was able to draw between my own work and what you both were talking about.
    I have not started my own business yet but I am getting close. Your podcasts really help me to see the connection we all have and how to be collaborative rather than competitive. The motive and results are much more impactful. Thanks Pat.

  • Matthew

    Any good meetups or masterminds in SD, CA? I went to a meetup yesterday for software which was great, and really got me pumped to join a face to face meeting for SPI related topics. I think you have covered this before, but I couldn’t find it.
    Thanks to anyone with suggestions.

  • http://www.brillyantliving.com Julian Illman and Kathryn Bryant

    As an attendee of you 1 Day Business Breakthrough (we’re the ones who travelled 5,500 from the UK to San Diego) I’d offer the following comments:
    • It’s is so true that the value of these events lies in the Power of Relationships. Although it seemed initially scary to meet up with the likes of Chris and yourself Pat, it was such an amazing networking opportunity and to have the opportunity to talk face to face with you both about your own business and others going through similar experiences was gold dust. You’ve got to ‘feel the fear and do it anyway’ and when you actually meet in person you realise that the two of you are both regular genuine guys trying to really help (incidentally, always your best selling point both of you)
    • The power is also in the wider networking opportunities that this type of experience offers, in this case the chance to meet 25 other like minded business entrepreneurs, to hear their concerns, recognise the commonality of issues facing us all and to support and encourage each other. I genuinely feel that I have 25 new business contacts who I could approach for advice and help in taking my business to the next level. That could take months to foster by online alone.
    • I notice a sign up form below this post for if Chris and Pat have a future event and I’d say: definitely sign up if you have the opportunity, you will seriously not regret it.
    • I think this type of event also introduces an element of accountability too. You may be interested in seeing our experience of what we learnt from the event: We certainly liked the way there was an opportunity to get to know the other delegates prior to attending, via the website you set up for attendees, Pat and a closed Facebook group and as people posted it gave us a feel for each others businesses and also made us more inclined to get stuff done prior to the event so that we could maximise our value from attending. In this case, for us it was working on our products and the program we are shortly to launch. The deadline and accountability certainly was a great motivator for us both.
    • Aluminium has got to be pronounced ‘Ala-min-yum’ not ‘A-loo-minum’ – Yes it was us who may have made shown you the correct way to pronounce it Pat! Sorry about that!
    • I love how in this podcast you say ‘we made a bit of money out of the event’. Too right you should have – well worth the money and I’d do it again tomorrow if I could. We’re hoping to have made enough money that we may be able to join you all in Las Vegas for the Media Expo event in the New Year!
    • Pat, we still haven’t updated our ‘Get Free Updates’ sign up form, but we did take on board your do one thing at a time philosophy and we are in the final stages of launching our product ‘The Brilliant Living Blueprint’.
    • May be this is a bit long but as you can see we’re still stoked from the event. Awesome as you’d say. You both rocked it! Many, many thanks and you were right about Jared Easely http://www.starvethedoubts.com. He’s a star in the making too!

  • http://sellleadsucceed.com Tim Mushey

    Pat! That was awesome! You and Chris were very entertaining. You can really tell that you are good friends. Oh yeah, the content was “not too shabby” either. Keep up the great work! I am a raving fan now.

  • http://www.plrcreate.com Tony

    Hi Pat,

    I really enjoy your throughts also with Chris you two provide great information I do agree that is building a good relationship with your readers and learning also from them, and again I enjoy your podcast.

    So Pat have a nice day.

    Thanks.

    Tony

  • http://tutorial.world.edu Rina

    I like podcast session. Thank you for sharing the knowledge on how to build a good relationship. Later I was able to apply this to my blogging activities

  • Pradeson Travetons

    The podcast session was great! Great post and thanks for keeping in touch with readers.
    - http://showeroffire.com