What is a Mastermind Group?

Woman & Man Talking Together

Mastermind groups are everywhere! The popularity of mastermind groups is growing as people just like you are finding the success they want through brainstorming with others, creating goals, holding each other accountable, and encouraging a positive mental attitude.

Good news: there's no such thing as the "mastermind group police," so you can create a mastermind group that suits your needs. What is a Mastermind Group? Click here to learn more »

Is a Mastermind Group For You?

Karyn Greenstreet, owner of The Success
Alliance, explains the benefits of mastermind
groups.

Learn How to Start Your Own Mastermind Group

Mastermind Group Facilitator

Now in it's second edition, this ebook teaches you how to get started.

How to Start a For-Profit Mastermind Group ebook - get more details and order here >>>

 

At The Success Alliance, we help you learn how to start and run your own mastermind groups. We also offer a Find A Mastermind Group service if you are looking to join an existing mastermind group.

The concept of a mastermind group (also called a "mastermind alliance" or "peer advisory board") was brought to world attention by Napoleon Hill in his wonderful book, Think and Grow Rich, published in 1937 during the Great Depression. The wisdom in this book still rings true today. But mastermind groups have been around since the beginning of humankind. Benjamin Franklin was part of such a group, which he called a Junta. The Greeks used the same concept, as did Thomas Edison.

Your peers and the facilitator give you feedback, help you brainstorm new possibilities, and set up accountability structures that keep you focused and on track. Join a community of supportive colleagues who brainstorm together to move everyone to new heights. Create success on your own terms!

 

Benefits of a Mastermind Group

 

The Huge Business Benefits of Mastermind Groups…

Janis Pettit

Two years ago I decided I’d like a place to go where I could meet regularly with successful colleagues I trust and respect that were in similar businesses—a place where we could brainstorm and share ideas, resources, advice and even partner on projects.

So I began reaching out to a small group of women who, like me, have successful online marketing and coaching businesses and whose reputations I respected. I explained what my goals were for the group and why I thought it would be advantageous for each to join. To my surprise, most said yes immediately. Each of these women are solo-preneurs with outsourced teams, but like me, they were looking for the same type of support I was proposing. One of our main goals was to help each other dramatically increase our online success.

Since then we’ve met monthly by teleconference and we communicate regularly via a private Yahoo group. Not only have we become friends, but valued business advisors and collaborators. We share our best resources, best practices, best marketing ideas, best systems and best connections. We’ve done numerous joint ventures with each other and all of our businesses have grown substantially. Occasionally we get a chance to meet in person at a business conference and it’s always like spending time with an old friend. And yes, we have fun!

I like these women. They are smart, open, collaborative, focused and successful. They don’t make excuses; they are confident. I’ve learned so much from them and I hope I’ve given as much in return. We make money together and we give each other support. When we’re perplexed or have a business problem, we have a place to go to get honest feedback and direction.

Janis Pettit
Smartrack
North Carolina, USA

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