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How to Create and Run a Mastermind Group
by Karyn Greenstreet |
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"Do not wait; the time will never be "just right."
Start where you stand, and work with whatever tools you may have at your
command, and better tools will be found as you go along."
--Napoleon Hill
"Please know I am quite aware of the hazards. I want
to do it because I want to do it. Women must try to do things as men
have tried. When they fail, their failure must be but a challenge to
others."
--Amelia Earhart
"Any fact facing us is not as important as our
attitude toward it, for that determines our success or failure. The way
you think about a fact may defeat you before you ever do anything about
it. You are overcome by the fact because you think you are."
--Norman Vincent Peale
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copyright © 2004, by Karyn Greenstreet. All rights
reserved.
What is a Mastermind Group?
There is synergy of energy, commitment, and excitement
that participants bring to a Mastermind Group. 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 participants act as
catalysts for growth, devil’s advocates and supportive colleagues.
The concept of the Mastermind Group was formally
introduced by Napoleon Hill in the early 1900's. In his timeless classic,
"Think And Grow Rich" he wrote about the Mastermind 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."
In a
Mastermind Group, the agenda belongs to the group,
and each person’s participation is key. Your peers give you feedback, help
you brainstorm new possibilities, and set up accountability structures that
keep you focused and on track. You will create a community of supportive
colleagues who will brainstorm together to move the group to new heights.
You'll gain tremendous insights, which can improve your
business and personal life. Your Mastermind Group is like having a objective
board of directors.
What Will You Get From It?
- Experience, skill and confidence
- Real progress in your business and personal life
- An instant and valuable support network
- A sense of shared endeavor - there are others out there!
- Design things to be the way you want them to be, not as you've been
told they "should" be
Who Should Attend?
People who:
- have a similar interest (such as a group for self-employed people, or
a group for spiritual thinkers, or a group for people in a certain
corporation or industry)
- have a similar skill and/or success level
- have the desire and inspiration to make this year extraordinary
- want a supportive team of Mastermind partners
- want to reach or exceed their goals
- are ready to let their desire to be passionate about their life and
work overcome their fear of change
How Does It Work?
Mastermind Groups can meet in person, on the telephone, or
via online message boards. For those groups that meet in person or on the
phone, typically a once-a-month meeting is scheduled.
You can find a Mastermind group here, or learn how to start your own
Mastermind group.
Because of the group nature, a commitment is required. Look for highly-motivated people who are willing to ask for
-- and give --help and
support.
How Do You Screen Applicants?
Before agreeing to let any new applicants into your group,
it’s important to screen them to make sure they’ll fit into the existing
group and that their commitment level is high. Decide in advance how many
people should be in your group (5-8 is recommended), and only allow new
members into the group with the unanimous consent of everyone in the group.
- Do you have a personal or business mission or vision statement?
- What are your five-year goals?
- Where will you find time to participate in the Mastermind Group?
- What is your commitment to moving forward in your business and
personal life?
- Why should you be chosen to participate in this group?
Even with a screening process your group is likely to run
across people who say that they’re committed but then don’t participate, or
who say that they’re honest but then fail to keep the trust of the group.
Be prepared to ask people to leave the group who are not participating up to
the group standard and do it quickly once the poor behavior becomes
evident. A "slacking" member will bring down the energy and fun level for the
whole group.
Mastermind Groups create a win-win situation for all
participants. New friendships develop and everyone grows because of the
support and encouragement of the Mastermind Group.
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How to Start a For-Profit Mastermind Group
The instant-download ebook that explains it
all!
There is synergy of energy,
commitment, and excitement that participants bring to a
Mastermind Group. 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
participants act as catalysts for growth, devil’s advocates and
supportive colleagues.
Learn how creating a MasterMind group will enhance your business and your life.
Karyn Greenstreet has been creating and
leading mastermind groups since 1994. Let her show you how to
create your own!
Here is what you
will learn in this e-book:
Instantly downloadable 22-page ebook in PDF format
Just $12.00

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Karyn Greenstreet is a Self Employment expert and small business coach. She
shares tips, techniques and strategies with self-employed people to boost
clarity and focus, create sustainable motivation, and increase sales and
profits.
Visit her website at
www.PassionForBusiness.com
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