Masterminding 101

So, why is masterminding so important? If you’ve heard the old saying that two heads are better than one then you have the basic concept. A mastermind is defined as: “The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the spirit of harmony.”

What benefits do I get from joining a mastermind group?

  • Mutual Support
  • Different Perspectives
  • Resources
  • Clarity
  • Growth
  • Networking
  • Accountability
  • Energy

Mastermind groups are typically held weekly, either in person or via teleconference (Skype or conference call service). I personally feel as though in person masterminding is best however teleconference is the industry standard. Having the ability to share ideas with other entrepreneurs gives you the opportunity to see things from a different perspective. I always tell my clients, “You cannot read the label from inside the jar.”

The Purple Tie offers different mastermind groups, from a very small, in-person group to a larger, teleconference group. You can start anywhere you’d like. We offer guest seats so you can attend your first mastermind for free! So, about that definite purpose? Ours is success in life, business and to build the wealth of your dreams… What’s your?



By |2015-11-03T15:18:10-05:00October 28th, 2015|Post|Comments Off on Masterminding 101

Food crisis


Years ago I was presented with a theoretical dilemma. How do you easily grow more food? At the time it seemed like a very straightforward question with an equally straightforward answer. Make farms bigger. But as I’ve grown older, I realize that rarely present itself as straightforward and simple. Full disclosure. I’m not an engineer nor a farmer. I have no background in anything useful that would go into fixing the problem of how to grow more product. However, that’s what makes me aptly qualified to hypothesize the hell out of this conundrum!


Farm Skyscrapers. Hear me out before you dismiss the idea. Hydroponics are greatly improved from what they were even 10 years ago. Take into consideration that farm land is a vast, flat piece of dirt soaked in sunlight, and that makes skyscrapers painfully obvious.

Take a building (we’ll say 10 stories high for easy numbers) and dedicate each floor to a specific crop. Put in your dirt, irrigation system, and UV lamps and you’re half way to a real life working plot of sun soaked dirt. The first problem that cropped up (sorry, couldn’t resist) was how to harvest the newly indoor skyscraper farm.

If we’re sticking to good, old American standbys, then we’ll take corn. It costs roughly $40 per acre to harvest using a combine. I think if there were some sort of electronic harvesting mechanism built into the corn rooms, this could save drastically on cost.

And assuming the building was one square acre, according to a report published in 2013, we’d have to charge roughly $5 a bushel (with each acre of corn producing around 160 bushels) to break even. Since we’re stacking multiple acres on top of one another, wouldn’t that reduce costs as well?


Meanwhile, in the real world, this exact issue is already being addressed. Forward Thinking Architecture has proposed a triple decker floating farm that is sort of a self sustaining ecosystem. The farms would be free floating on a body of water, and each level would have its own purpose. The byproducts of each system would feed parts of the other levels. It’s ingenious. You can check out an article detailing the plans here.

So, I guess I was kind of right, I just had the wrong location.

Some ideas of what the floating farms may look like.


floating-farms-4 floating-farms-2 floating-farms-1

All of these images came from the article over at GizMag. I suggest you go read it. It’s very interesting!

By |2015-10-19T22:07:50-05:00October 20th, 2015|Post, side tangent|Comments Off on Food crisis

Extended leave of absence

Folks, it happens to all of us. The good and bad, young and old. Robert Martin, business therapist, has come down with the flu. (We looked for a way to make this statement more interesting, but there really isn’t any way to make this “sexy.”) So, we appreciate your patience and understanding as he gets better. Hopefully “Unboxing Success” will resume as usual next week.

As for The Purple Tie Radio Show, we pumped Robert full of medication and sent him into the studio to force a new episode out this week. You will have a blast listening to how we’re going to make money off of these new found aliens. Head over to WDBN and listen tonight at 8pm CST.


The Purple Tie Staff

By |2015-10-19T16:47:28-05:00October 19th, 2015|Post|Comments Off on Extended leave of absence