We all know that two heads are better than one when it comes to solving a problem or creating a result. So imagine having a permanent group of five to six people who meet every week for the purpose of problem solving, brainstorming, networking, and encouraging and motivating each other.
A process for accelerating your growth
The basic philosophy of a mastermind group is that more can be achieved in less time when people work together. A mastermind group is made up of people who come together on a regular basis to share ideas, thoughts, information, feedback, and resources. By getting the perspective, knowledge, experience, and resources of the others in the group, not only can you move beyond your own limited view of the world but you can also advance your own goals and projects more quickly.
A mastermind group can be composed of people from your own industry or profession or people from a variety of walks of life. it can focus on business issues, personal issues, or both. But for a mastermind group to be powerfully effective, people must be comfortable enough with each other to tell the truth.
Confidentiality is what allows this level of trust to build. Out in the world, we are usually managing our personal and corporate image. In a mastermind group, participants can let their hair down, tell the truth about their personal and business life, and feel safe that what is said in the group will stay in the group.
How to assemble a mastermind group
Regardless of its purpose, the key is to choose people who are already where you’d like to be in your life — or who are at least a level above you. If your goal is to become a millionaire and you’re currently only making $60,000 a year, you will be better served by gathering together with people who are already making more than you. If you’re concerned that people who are already achieving at a higher level than you might not want to be involved in a group with you, remember that you’re the one facilitating the meeting. You are organizing, supporting, and building a forum for other people’s growth and masterminding needs. Many people at a higher level will want to become involved simply because they’ll get to play at a game they might never take the time to organize for themselves. They’d probably be delighted to mastermind with the other people you’re going to invite — especially if some of the others are already playing at their level.
* Source: The Success Principles by Jack Canfield