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What is a “virtual hot seat” in a mastermind group?

In this episode, Scott Joseph explores how the virtual hot seat technique, which he used in his mastermind group, helped him launch a new business from scratch. The virtual hot seat process helps business leaders overcome challenges by providing a structured environment for problem-solving and feedback. For Scott, it forced him to focus on one core challenge, and through clarifying questions and honest reflection, he uncovered that fear—not complexity—was holding him back.

Join Scott Joseph in this episode as he explores:

(0:00) Starting from Scratch
Scott reflects on the pressure of launching a new business.
Overwhelmed, Scott realized he needed help beyond his experience.

(3:40) Zeroing in on the Core Problem
His mastermind asked Scott: What’s the one thing that, if solved, would make everything easier?
The fear of making the wrong decision, not the work itself, was what paralyzed him.

(9:25) Vision, Fear, and Focus
Clarifying questions helped Scott understand his emotional blocks and fears.

(13:55) Group Accountability
The group followed up after the session to hold Scott accountable for implementation.

(17:35) Shared Learning, Shared Breakthroughs
The hot seat experience benefits every member of the group, not just the person in the spotlight.
Scott encourages listeners to focus on one issue, embrace questions, and lean into group accountability.

BUSINESS, BOURBON & CIGARS

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Business, Bourbon & Cigars is the preeminent resource for ambitious leaders who want a backstage pass to the top. Each episode, we sit down with ultra-successful executives and industry leaders who share their insider strategies for growth and success. And of course, we may even sip on some of the finest bourbon and light up our favorite cigars while we chat.

Each week, we bring you in-depth interviews with high-level executives and industry leaders who have a proven track record and in-depth understanding of what it takes to grow a business. They’ll share their no-nonsense approach, the challenges they faced on their journey to the top, and the strategies that helped them overcome obstacles and forge their own path to ultra-success.

ME PLUS ULTRA

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Me Plus Ultra is a place where visionary entrepreneurs come together, not just to network, but to forge lasting connections, inspire one another, and grow their businesses with confidence and purpose. With exclusive access to industry-leading knowledge, personalized growth strategies, and high-impact events, we empower you to transcend traditional business barriers. To elevate your business, join our Me Plus Ultra virtual masterminds and leadership retreats to surround yourself with peers who share your drive and passion.

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SCOTT JOSEPH

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This episode was produced by Story On Media: https://www.storyon.co/