Category Archives: Starting Your Mastermind Group

Free Webinar – Speed Up Growth: Start a Mastermind Group

Mastermind Group expert Karyn Greenstreet shares her secrets

The popularity of mastermind groups is growing as people just like you are creating success through brainstorming with your peers, solving problems, generating creative ideas, designing strong action plans, and holding each other accountable.

Come learn how starting a mastermind group enhances your personal and professional life. And don’t forget: You can facilitate mastermind groups for your customers as an added value to them and a revenue stream for you.

You will learn:

  • The 11 extraordinary benefits of mastermind groups
  • Creative ideas for choosing a niche for your mastermind group
  • The optimal number of people for your group (this one may surprise you!)
  • Create a successful, enduring group by screening participants and eliminating duds
  • Winning agendas for flourishing mastermind group meetings

Date: Thursday, April 10

Time: 1:00pm ET / 12:00pm CT / 10:00am PT

Duration: 1 hour

Click here to register!

P.S. Yes, the webinar will be recorded. Can’t attend the live webinar? No problem! Sign up anyway and we’ll send you a link to the recording.

Start Your Own Mastermind Group

Adding mastermind groups to your existing service offerings, or simply setting one up for your personal use, will help you grow yourself and your business.

The beauty of Mastermind Groups is that participants raise the bar by challenging each other to create and implement goals, brainstorm ideas, and support each other with total honesty, respect and compassion.

Mastermind participants act as catalysts for growth, devil’s advocates and idea-generating colleagues.

If you are new to mastermind groups, this introductory level class is for you.

In this self-study program, you will learn how to:

  • Help people distinguish between a mastermind group, group coaching, and training classes
  • Pick what type of people should attend your mastermind group
  • Choose to facilitate, participate, or both
  • Select your mastermind group’s niche and type
  • Decide where to hold meetings
  • Determine if your group should be free or paid
  • Create meeting agendas
  • Prepare for your first meeting
  • Write group guidelines
  • Choose among basic masterminding techniques
  • Determine why mastermind groups fail — and what you can do to ensure the success of your group

For more information about this online self-study program:


Start With a Core Group, Then Build From There

Many of mastermind group facilitators try to fill a 10-person group, often ending up in hot water (or not being able to begin the group because they can’t find the 10 people).

Here’s a tip: Start with a core group of three or four people. Get your guidelines in place and have a few meetings. This will help to solidify the group and work out any kinks.

Next, take a vote on whether it’s time to add more people. If yes, how many? Don’t add too many all at once. I’d rather see you add only one or two new people at a time. This will help them to assimilate into the group and for the group to become cohesive. As the Facilitator, you want to help people to fit in and feel welcome, and not allow cliques to form among the “old members” versus the “new members.” It’s all about inclusiveness.

There are many things to consider when you add new members to an existing group. Personality traits and individual goals either help a group to be more cohesive, or can break apart a group. Consider creating an outline of what type of people you’re looking to add to your group, then interviewing people based on that checklist.

Keep repeating the addition of new members until everyone agrees the group is full. If someone drops out of the group, take a vote to see if the group should replace that person or simply stay the smaller size. As the group Facilitator, one of your jobs it to create rapport and trust among the group members, both the existing members and any new members that are added to the group. Voting on group size and who to include will make all the difference in the world.

Need help with how to select members for you group? Read my blog post How to Choose the Best Mastermind Group Members for ideas.