So What Is Masterminding?
Creating Mastermind groups offer a combination of brainstorming, education, peer accountability and support in a group setting to sharpen your business and personal skills. A mastermind group helps you and your mastermind group members achieve success.
Participants challenge each other to set important goals, and more importantly, to accomplish them. The group requires commitment, confidentiality, willingness to be creative and brainstorm ideas/solutions, 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
- It's not a class. While your group can vote to bring in guest speakers and teachers occasionally, the main focus of a mastermind group is the brainstorming and accountability support among the group members.
- It's not group coaching. Mastermind groups are about the MEMBERS sharing with each other, not about the facilitator coaching individuals in a group setting. You get everyone's feedback, advice and support.
- It's not a networking group. While you may share leads and resources with each other, it is not the main focus of the meetings. However, through your connections with other members, you will find plenty of joint venture opportunities, lead sharing, and professional networking.
Napolean 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. Even Benjamin Franklin belonged to such a group, which he called a Junto.
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."
"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]."
Don’t Just Take My Word For It
NY Times Best Selling Author of “Book Yourself Solid Illustrated”