Home
>
Success
>
Masterminding Your Way To Greater Success

Masterminding Your Way To Greater Success

Napoleon Hill coined the concept of the mastermind alliance in his classic book Think and Grow Rich. He believed that a group of like-minded, achievement-oriented individuals could dramatically leverage each other's success.

The old adages still hold true today, "the sum of the whole is greater than its parts" and "two heads are better than one". More and more today people in business are harnessing the power of mastermind groups to think bigger. Combining the power of several minds to solve problems, seek advice, different perspectives and achieve goals, simply creates greater results than "going it alone".

Mastermind groups commit to showing up and contributing to the success of each other. They become trusted confidants who rely on each other for priceless insights, candid feedback, valuable ideas, encouragement, inspiration and motivation.

Mastermind Group Types

Essentially, the types of groups are as endless as your imagination. Mastermind groups in large companies frequently consist of managers from different divisions, internal client groups who serve each other, or new leaders who want to further their development. Some mastermind groups are industry specific. They can be Financial Planners, Coaches, or Supply Chain Managers who commit to learning from each other. Small business owners often create mastermind groups to develop strategies, share lessons learned and resources.

The Planning Process

The first and most important step in forming a successful mastermind group is planning. Details can be fine-tuned once the group is formed, but having a clear picture up front will increase your chances of getting the right people the first time around. It will also help you communicate with potential members.

What will be the group's purpose and objectives? Be sure to think through both "what it is" and "what it is not". For example, a mastermind group is typically not a leads network.

What are the ground rules and boundaries? What's ok and not ok? And don't forget to plan for how the ground rules will be enforced.

How large will the group be? Groups typically have less than 10 members.

Where, how often, and how long will you meet? Some groups meet virtually through teleconference or the internet. The virtual groups usually meet more often. Other groups meet in person. They typically meet monthly or quarterly for a couple of hours.

How will meetings be structured? Some are structured with a facilitator and an agenda, some allot equal time to each member, some simply focus on the most pressing issues.

Who is the "ideal" member for your group? What are their characteristics? What is their expertise? What value will they add to the group?

Where To Find Members

Don't forget, finding the "ideal" member is the goal. Warm bodies do not equal "ideal" members. Some places to look for "ideal" members: Your existing network; Professional Associations; Chamber of Commerce; Your place of worship; Internet bulletin boards or networking groups; etc.

Managing Expectations

Everyone in the group needs to understand that there is a development curve in forming a mastermind group. While you're ramping up, members need to have open and honest conversations about group norms and expectations. These conversations solidify buy-in, begin to build bonds, and lay the foundation for trust.

Being a part of a successful mastermind group can be an invaluable and enriching experience, both personally and professionally. Some groups have literally shared the evolution of entire careers with each other. Wouldn't that be an amazing experience to look back on? Now that's what I call "power".

About The Author

Lora Adrianse is passionate about inspiring the enrichment of growth and development in others. As the owner of Essential Connections, she is a catalyst for clients who aspire to achieve extraordinary results. She is the coach of choice for people who desire to unleash their potential and maximize their personal and professional development. She is accomplished in developing employees at all levels, a seasoned business manager, and an expert in building solid business relationships with customers as well as other business partners. Her natural instincts enrich her ability to get to the heart of the real business issues people face today. She can be reached through her website www.connectionscoach.com, www.connectionscoach.com

shuttle to Midway Beardstown .. Lockport Chicago limo O’Hare

In The News:

Google’s scam detection features, powered by artificial intelligence, are a significant step forward in safeguarding Android users from fraud.

The FBI has issued a warning that scammers are impersonating doctors, police and banks using spoofed numbers as "smishing" texts surge nationwide.

Communities with unreliable internet service stand to gain after Amazon's Project Kuiper launched its first full batch of satellites into orbit April 28.

Tech expert Kurt “CyberGuy" Knutsson says unsubscribing from spam might actually backfire. Learn when to avoid it and stop junk effectively.

Tech expert Kurt “CyberGuy" Knutsson talks about how the first nonstop beating heart transplant, called zero ischemic time, at Taiwan hospital changes surgery.

Kurt “CyberGuy" Knutsson: FBI warns of "time-traveling" hackers.

Kurt “CyberGuy" Knutsson talks about a soft, vine-like robot called SPROUT that aids safe survivor rescues in collapsed buildings.

Health insurance giant Blue Shield of California confirmed it had been sharing private health data of 4.7 million users with Google for three years without even realizing it.

Delta and JetZero’s blended wing body aircraft marks a meaningful step toward a cleaner, quieter and more efficient future for air travel.

Recent reports show many common passwords can be cracked in literally seconds. Kurt the CyberGuy explains how to strengthen your passwords.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Iron, a robot that stands 5 feet, 8 inches tall and weighs 154 pounds, combines advanced artificial intelligence with human-like movement and exceptional vision.

Hertz, the rental car giant, recently confirmed that customer information was exposed through a cyberattack on one of its software vendors.

There are a number of features with AirPods you may or may not know about to take your listening experience to the next level. Kurt the CyberGuy explains.

These 35 Chrome extensions have privacy and security concerns. Tech expert Kurt “CyberGuy" Knutsson says to delete them now.

Tech expert Kurt “CyberGuy" Knutsson says 329,000 mph fusion rocket promises to be fast, disruptive and enable deep-space missions.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Tech expert Kurt “CyberGuy" Knutsson says a new autonomous AI is a game changer that also raises privacy risks. Is your data safe?

Tech expert Kurt “CyberGuy" Knutsson says robots and drones are revolutionizing fruit farming with faster picking and smarter handling.

Landmark Admin revises May 2024 cyberattack scope to show twice as many people were affected. Kurt “CyberGuy" Knutsson gives tips to help stay safe from an insurance data breach.

Tech expert Kurt “CyberGuy" Knutsson talks about how Yamaha’s hydrogen outboard motor could revolutionize boating with zero emissions.

Tech expert Kurt “CyberGuy" Knutsson reveals how to memorialize or remove a deceased loved one’s Facebook account and protect their digital legacy from misuse or scams.

Tech expert Kurt “CyberGuy" Knutsson says an Apple Watch saved psychiatrist Amanda Faulkner by detecting deadly leukemia early.

Scammers and fraudsters are increasingly targeting the most vulnerable, especially nursing homes and the personal data of their residents. Kurt the CyberGuy has safety tips.

Infected USB flash drives can spread malware among multiple organizations in ways that can easily bypass traditional security systems.