The term “mastermind” sounds like a nefarious, secret society of the rich and powerful. But even if you’re not the next Bond villain, you shouldn’t be intimidated. There’s no need to cloak and dagger your way into this club. A mastermind group can help anyone achieve their goals, as long as they know what they are.
What is a Mastermind Group?
A mastermind group is a group of people who meet regularly to discuss their goals, challenges, and progress. The name “mastermind” comes from Napoleon Hill’s 1937 book Think and Grow Rich, in which he describes the concept as an organized effort by two or more people working towards a goal that would be impossible for any one person to achieve alone.
Mastermind groups are most commonly formed by entrepreneurs or business owners who want to work together on their goals. The idea behind these groups is that by working together, you can spread the load of achieving your goals and help each other stay motivated and accountable.
Famous Mastermind Groups
You’re probably already aware that the world is full of famous mastermind groups. The Bohemian Grove, for instance, is a secretive group of rich and powerful people who meet annually to discuss politics and business.
There are many more examples of famous mastermind groups throughout history. A few well-known ones include Skull and Bones at Yale University, OTO (Ordo Templi Orientis) based on occult teachings from Aleister Crowley, and even the Illuminati (which means “enlightened”).
Why Join a Mastermind Group?
When you join a mastermind group, you get to work with some of the most talented people in your industry. You can learn from their experience, and they can learn from yours.
You’ll also get to meet with like-minded people interested in similar things as you are. It’s much easier to stay motivated when you have a support network of other people who care about what you’re doing.
Plus, when you’re a part of a Mastermind Group, you’ll have access to each other’s networks and resources. You can share leads, brainstorm new ideas together and help each other out when someone needs something specific done.
How To Find a Mastermind Group?
Finding the right mastermind group is a challenge, but it’s well worth it. Here are some tips for finding the right one.
(1) Ask around
You may already have friends or colleagues who are part of a mastermind group that could recommend others. If not, ask them if they know anyone who might be a good fit for your needs.
(2) Check out, online groups.
There are many groups online where you’ll find like-minded individuals who want to collaborate in real life. Try searching for a “mastermind group” on Google+ or Facebook and see what comes up. Or join our program here
(3) Listen for opportunities
When you hear about an event or opportunity through social media or a friend, follow up with the organizers and find out more details. You never know when something might work well with your schedule or needs until you reach out directly!
Typical Mastermind Group Rules
The main thing to remember when it comes to being part of a mastermind group is that it’s not just a business networking event where people talk about their businesses. A good mastermind group has rules that prevent that thing from happening.
No talking about personal problems
If you’re having relationship issues or financial problems at home, don’t bring them into the room with all your new friends. The only exception here will be if one member asks another specifically because he wants advice on dealing with something similar himself.
The group is confidential.
The group is confidential, and members may not use any information shared by other members outside the group. The only exception to this rule is if someone poses a personal threat to the safety of another member or person close to them, in which case they must report that threat immediately to the host.
Come with an open mind.
A mastermind group is a group of like-minded people trying to become better at what they do. To be successful in a mastermind group, you should come with an open mind and be ready to share your ideas and ask questions.
Respect the time of others
The most important rule is to respect the time of others. It’s not about you; it’s about everyone else. If someone is trying to share their thoughts, give them the space to do so. If you have a question or comment, wait until they’re finished talking before asking it.
Attend all meetings
All members are usually expected to attend all meetings to keep the group moving forward and ensure that everyone gets the most out of their experience. This is generally true even if a scheduling conflict or other emergency prevents a member from attending any meeting.
Mastermind Exercises
As you can see, there are many different ways to use a mastermind group. But what is a mastermind exercise?
A mastermind exercise is a question or activity that each group member contributes to the discussion. These exercises help you generate ideas and solutions to problems while also inspiring and motivating each person in the group.
Generally speaking, you’ll want to start with simple questions like “What’s one thing we could do as a team this month?” or “If there was no competition, what would our ideal world look like?”
Mastermind Group Cost
If you’re in a group that requires payment, it’s essential to understand what value you’re getting from the experience. If the group is just a place for people to complain about their problems, it probably isn’t worth paying for.
But if it’s full of experts willing to help each other grow, it might be worth looking into joining. It’s also important to ask yourself whether or not this group would be beneficial for you personally; if not, don’t bother signing up!
If your group does not require payment, then choose wisely when considering joining. Look at who else is in the group and decide whether or not they seem like people you’ll enjoy spending time with.
Also, consider how often they plan on meeting. Too often, and it could become overwhelming; too infrequently, it might feel like work instead of fun! Either way, make sure they’re people who can offer value to your life.
Conclusion
Now you know the basics of a mastermind group and how to get the most out of one. If you follow through on these steps, you will be well on your way to success in your business and personal endeavours. We hope that this article has helped you understand what a Mastermind Group is and how it can benefit your life!
A mastermind group is a group of like-minded creatives who help each other find success by supporting, encouraging, and inspiring each other. Each mastermind group member helps the others become their greatest selves by assisting them to avoid pitfalls, generate new ideas, and create actionable plans for success.
Sources
What is a Mastermind Group (and What Size Should They Be)? (mastermindjam.com)
What is a Mastermind Group? A Definition and tutorials • The Success Alliance
What is a mastermind group, and how do you find it? (tonyrobbins.com)
