Here are some quick tips for starting your mastermind groups.

1. Pick a niche or topic area

The more narrowly you define the topic area for your group, the better chance you’ll have of attracting the right members. Need ideas for topic areas? Read the blog post What Types of Mastermind Groups Are There? for suggestions.

2. Decide how many people

The best groups are 4-8 people, for two reasons: First, it gives everyone a chance to be in the “hot seat” at each meeting. Second, if someone doesn’t show up for the meeting, there are still enough people there to effectively mastermind together. If you need more information on how many people should be in your group, read the blog post How Many Members Should Be In a Mastermind Group?

3. Choose the right participants

Nothing will destroy a good group than bad members. You want to find people who are excited about creating change in their lives, who have a positive mental outlook, and who are eager to both give and receive advice and support. Check out this Mastermind Group Readiness Quiz we developed when creating our own mastermind groups.

Want to learn more about starting a mastermind group?

Join me for my free video tutorial, Speed Up Growth: Start a Mastermind Group. This one hour webinar recording will get you started quickly!

Looking for innovative ways you can add mastermind groups to your revenue stream? Join me for my free webinar, Creative Ways to Add Mastermind Groups to Your Revenue Model. Click here to register. I'll discuss 9 unique ways to add mastermind groups to your existing business model and share my pricing-revenue spreadsheet. September 17.