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I have been running mastermind groups, and been a member
of mastermind groups, since 1994. They have profoundly shaped my life
and my business, and I'm a successful in business and life because of my participation in
mastermind groups.
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 group members act as
catalysts for growth, devil’s advocates and supportive colleagues. This is
the essence and value of mastermind groups.
What a Mastermind Group is NOT
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A mastermind group is not a training class. While groups can
vote to bring in guest speakers occasionally to teach on a
specific topic, the main focus
of a mastermind group is sharing among the group members.
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A mastermind group is not group coaching. Mastermind
groups are about the MEMBERS sharing with each other, not
about the facilitator leading or coaching individuals in a
group setting. You get everyone's feedback,
advice and support.
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A mastermind group is not a networking and referral
group. While you may share leads and resources with each
other, the main focus of a mastermind group is brainstorming
and support to create success.
Napoleon Hill's Definition
The concept of the "mastermind alliance" was formally
introduced by Napoleon Hill in his timeless classic,
"Think And Grow Rich," though mastermind groups have been around since
the beginning of time.
Napoleon Hill wrote about the mastermind group principle as:
"The coordination of knowledge and effort of two or more people, who work
toward a definite purpose, in the spirit of harmony."
He continues ...
"No two minds ever come together without thereby creating a third, invisible
intangible force, which may be likened to a third mind [the master mind]."
What You'll Get From Belonging to a Mastermind Group
In a mastermind group, the agenda belongs to the group
and each person's participation and commitment is key. Your
mastermind partners give you feedback, help
you brainstorm new possibilities, and set up accountability structures that
keep you focused and on track. You create a community of supportive
colleagues who brainstorm together to move the members to new heights.
You'll gain tremendous insights which improve your
business and personal life. Your mastermind group is like having a objective board
of directors, a success team, and a peer advisory group,
all rolled into one.
Key Benefits of a Mastermind Group
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Increase your own
experience and
confidence |
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Sharpen your business and
personal skills |
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Create real
progress
in your business and your life |
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Add an instant and valuable
support network |
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Get honest
feedback,
advice and brainstorming |
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Borrow on the experience and skills of the other members |
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Create
action plans and have the group hold you
accountable for fulfilling
your plans and goals |
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Receive
critical insights
into yourself |
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Optimistic peer support in maintaining a positive mental attitude |
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A sense of
shared endeavor
- there are others out there! |
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