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Mastermind Your Way to Business Success

Guest post by: Jan Marie Dore

Article Overview: The benefits of participating in a mastermind team are many. If you want to pull together you're own business success team, here are some tips to get you started.

Mastermind Your Way to Business Success

I'm a big believer in mastermind programs and success teams. A business mastermind team is a group of entrepreneurs who get together to support each other in growing their business, in moving through stuck places, and in brainstorming ideas for new opportunities. If you're a business owner you may notice how easy it is to get stuck in the details of running your business and how hard it is to stay focused on the big picture of where you want your business to go. If we don't get support and feedback from other people who know us and our business well, it's almost impossible for us to see how and where we're getting stuck. We don't often take the opportunity to step outside our business, take an objective viewpoint, and reconnect with our vision.

The benefits of participating in a mastermind team are many. You benefit from the creative ideas of many people instead of just your own limited thoughts. The group will help you problem solve your biggest challenges. The synergy of the group helps you to step out of your comfort zone into the place of new possibilities. The group will also hold you accountable so that you're more likely to take action to reach your goals.

If you want to pull together you're own success team, here are some tips to get you started:

Create a vision of the outcome you want

The first step is to get clear on what you want to create. What do you want your business and life to look like 5 years from now? How do you define success? The clearer you are on your vision and the outcomes you want, the more likely you are to achieve them.

Write out your goals and objectives

Less than 5% of people write out their goals, but those who do are much more likely to achieve them than those who don't. Writing out your goals and objectives to achieve your vision will give you and your group a clear roadmap to your success.

Decide who you want on your success team

Think about who you'd like to invite. Who would be the right partners for you? It' been said that our business will be as successful as the five business people we spend the most time with. Our income and success tends to stay in the same range as the group we're connected to.

Take responsibility for your experience

Decide what you'd want to get out of being a part of a mastermind team. What would be the best outcome you could achieve? If these people were your 'virtual board of directors', how would you want to interact with them? Establish guidelines for trust, honesty, confidentiality, commitment, timeliness, and accountability.

Rotate leadership

The group doesn't need one leader, but it's good for each member to rotate through the leadership role. This may mean the person who hosts the meeting reminds people of the day and time, sets the tone, facilitates the discussion, and keeps time so that everyone gets air time. Or, you may set roles for each member, such as meeting scheduler, host, note taker, and time keeper.

A mastermind team can be a powerful support for your business success. Commit to taking action to create your own personal success team, and watch your results multiply.

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Article Tags: marketing strategies, small business advice, small business sales



Related Forum Posts
Mastermind Article - Thanks Melanie - I'm looking forward to reading your ongoing thoughts on Mastermind groups in the Mastermind Resources blog!
Blog pinging - Thanks Martin - yes, I do ping and it has been very effective. I'm currently on the first page of Google for Mastermind Group and on the second page for Selling to Small Business.
BNI Groups - do they work? - Hi Lesley, From the members in my Mastermind Group I've heard a number of positive and negative things about BNI Groups. Just like a Mastermind Group, it all depends on who the people are. If the personalities fit and the members can add value to your business it can be worth checking out. The best bet is to go to a meeting as a guest to get a sense of who is in the group and if it is for you. It doesn't cost you anything except a little extra sleep the morning of. Good luck!
My entry - 1. The Best Business Books Ever: The 100 Most Influential Business Books You'll Never Have Time to Read - this is a fascinating book about the history of Business theory, and I'd recommend it to anybody. 2. The Big Book of Small Business: You Don't Have to Run Your Business by the Seat of Your Pants, by Tom Gegax. Ditto. 3. PADI: The Business of Diving Book Okay, so this book won't be of use to anyone who doesn't want to start a scuba store, but I did, and this book was of course invaluable to me in reaching that goal.
Re: Books for the Entrepreneur - Here's one of my most recent books The 100 Absolutely Unbreakable Laws of Business Success By Brian Tracy


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