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What's a Mastermind Group?
A Mastermind can be described as a “brain trust” – a group of individuals
who meet on a regular basis, support each other, understand each others’ businesses, provide
feedback, help in decision-making, and are committed to each others’ success.
How does a Mastermind group differ from a networking group?
It’s all about PURPOSE.
Networking: Meet people; make contacts; get leads and referrals; even do
business with others in the group
Mastermind: “Coordination of knowledge and effort, in a spirit of harmony,
between two or more people, for the attainment of a definite purpose.” – Napoleon
Hill
What’s the purpose of a Mastermind group?
- To enhance personal and professional lives
- To enhance personal and business development
- To share information, ideas for personal and professional development
- To be a catalyst for growth
- To get and give support
- To avoid making decisions in a vacuum
- To provide accountability
- To work together for the success of each individual
Effective Mastermind groups are based on these essential elements:
- TRUST
- RESPECT
- ACCOUNTABILITY
- CONFIDENTIALLY
- COMMITMENT
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