70/30 Mastermind Structure

A framework for running effective mastermind/peer groups that balance tactical business advice with emotional support.

Core Structure

  • 70% of conversation focuses on tactical business discussion

    • Specific business challenges and solutions
    • Strategic planning and execution
    • Operational improvements
    • Growth opportunities
  • 30% focuses on emotional support/"therapy"

    • Personal challenges
    • Mental health
    • Relationship issues
    • Work-life balance struggles

Key Benefits

  • Creates "safe space" for CEOs to be vulnerable

    • Can discuss failures openly
    • Share insecurities and doubts
    • No judgment environment
    • Don't have to maintain "everything is great" facade
  • Provides practical value through peer learning

    • Learn from others' experiences
    • Get specific tactical advice
    • See different perspectives
    • Build valuable relationships

Implementation Tips

  • Have a facilitator guide conversations

    • Keeps discussion balanced between tactics/support
    • Ensures productive use of time
    • Maintains focus and structure
  • Foster vulnerability through structure

    • Business breakdowns where members share challenges
    • SWOT analysis presentations
    • Open Q&A periods
    • Regular check-ins on personal wellbeing
  • Create consistent meeting cadence

    • Monthly meetings recommended
    • Same group of 8-10 people
    • Build trust over time
    • Allow relationships to develop naturally

Success Factors

  • Right member mix

    • Similar business size/stage
    • Shared challenges and goals
    • Complementary experiences
    • Cultural fit between members
  • Commitment to confidentiality

    • Everything stays in the group
    • Creates trust and openness
    • Allows for real vulnerability
  • Active participation

    • Regular attendance
    • Honest sharing
    • Engaged listening
    • Thoughtful feedback

The framework provides structure while allowing enough flexibility for authentic connection and practical business value.

SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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