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."
Want to take your business to the next level? Then a mastermind group could be your ticket. One of the best ways to get on-going coaching with a group of like minded individuals, professionals and small business owners.
You can start out sharing an issue, success or breakthrough and this can be a personal or business example. The group can also focus on an area where members may need support. The Mastermind Group's purpose is to be there and to keep the group focused, motivated and inspired.
Sometimes it helps to bring topics to discuss and share with others. All members should be able to bring something to the table in the way of expertise.
Make sure your Mastermind Group has a purpose because some mastermind Groups meet for various reasons. Some meet as a support group, as a networking group or as some secret member group. Be very clear on what you're trying to accomplish. The more specific you are, the more productive you'll be.
The best part of Mastermind Groups is that participants challenge each other to create and implement goals, ideas, and support each other.
Knowing that there is a group of professionals who make a bid deal about when a member have a success, or a solution when a member is struggling, or who help a member sort things out when feeling overwhelmed means so much to the group. Most members are sure that they would not be as close to reaching so many their goals without this group.
