The Power of MasterMind
The Power of MasterMind
What is this principle that has contributed to history’s greatest success stories? This principle is:
*** The Power of 1+1=3 ***
No, it is not a new math formula. This principle represents a “Higher Force” ... a collective force greater than any individual ... created through the power of Master Mind Alliances.
WHAT IS A MASTERMIND ALLIANCE?
A Master Mind Alliance is a group of like-minded individuals with the common purpose to contribute to each others’ success, in a spirit of harmony, partnership and reciprocity.
HOW DO MASTERMIND ALLIANCES ACCELERATE YOUR SUCCESS?
Such Alliances work on two levels:
THE ECONOMIC LEVEL:
A Master Mind Alliance becomes your own personal Board of Directors who wholeheartedly give advice, expertise and knowledge to further your success.
THE PSYCHIC/SPIRITUAL LEVEL:
When Master Mind Alliances form for the sole purpose of mutual success, a “Higher Creative Force” results, allowing each participant to achieve more than is possible on their own.
In practical terms, MasterMind Alliances ...
• Raise your income, and productivity.
• Give you an opportunity to leverage the wisdom and real-world experience of other business owners.
• Provide creative ideas for improving your business.
• Give you support and encouragement from within a group of your peers.
• Inspire you to reach new heights as a result of others' success.
• Provide a networking source of great contacts, referrals, and connections.
• Give you an opportunity to share your experience and contribute to other's success.
• Gives you a great way to monitor your progress and accountability.
• Provide a forum to reflect on your business results and strategies.
• Are a great place to air your ideas and plans and get feedback.
• Achieve more than you could on your own.
HOW DO YOU PARTICIPATE OR FORM A MASTERMIND ALLIANCE?
For 25 years, I have both participated and facilitated MasterMind Alliances and have gained much wisdom in what works and doesn't work. As simple as the concept of a MasterMind Alliance sounds, the logistics of such groups can make or break their impact. Below are the top 7 critical success factors when forming or participating in a mastermind alliance.
1. Clear Common Group Purpose
Does each member have the same needs and wants from the group? Eg., some members may be primarily interested in brainstorming; another may have joined the group for emotional support and connection. If members do have different needs, is there a way of addressing all of them without diluting the cohesiveness of the group? What will be the key focus of the group?
2. Group Chemistry and Trust
What is the level of trust in a MasterMind Alliance? Trust in a mastermind alliance comes from respect and supporting each other, from communicating cleanly and from a spirit of collaboration rather than competition. Without trust and chemistry, a true mastermind alliance does not exist.
3. Serious Commitment
The biggest reason, in my experience, why mastermind alliances fail is because one or more members did not make a serious commitment and make participating in the group a top priority. Lack of serious commitment destroys the cohesiveness and momentum of the group.
4. Group Decisions and Responsibilities
While one person may start the alliance, within the first meeting, it is important that the success of the group becomes every member's responsibility. It is critical that the leadership of the group and other responsibilities be rotated amongst members. All decisions should be done by group consensus.
5. Consistent Meeting Format
Having a set structure and agenda for each meeting is essential. Possible agenda items may include: brainstorming, a quick check-in, an accountability segment, sharing of resources, etc.
6. Equal Give and Take
The purpose of a MasterMind Alliance is both to give and receive support. Reciprocity is critical. If a group becomes imbalanced where some members only give support or some only receive support. it destroys the very foundation of the group. Active giving and active receiving maximizes the flow of ideas, energy and outcomes of the group.
7. Closed Membership
In my experience both as a facilitator and participant, it is important to allow the first 1-3 meetings for members to explore whether the group is a good fit for them. Once a decision is made by each individual, closing the group to new members allows the group to bond, know each other in depth and allow the trust to form. That is when the magic begins. Group dynamics are very volatile to changes, especially with changes in membership. If, after a certain period of time, the group wants to add new members, how many and who should be a group decision.
While there are many other logistical details beyond the scope of this article, the key is staying focused on that common purpose to contribute to each others’ success, in a spirit of harmony, partnership and reciprocity. I can say, from my own personal experience, that mastermind alliances have been and continue to be the #1 driver of accelerated momentum, success and breakthroughs in my business. As a facilitator of MasterMind Alliances for CEOs and business owners, I have also watched how that "Higher Force" ignites the potential and greatness in each member, beyond what anyone could imagine.
For an additional resource regarding Master Mind Alliances, I recommend reading Napoleon Hill’s classic best-seller, “Think and Grow Rich”, Chapter 9. According to Hill, such Alliances have been the basis of every great fortune in history.
The Power of MasterMind - To learn more about this author, visit Denise Corcoran's Website.
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The most successful business leaders in history - Carnegie, Ford and Rockefeller - have used this principle. Thomas Edison used this principle. Mahatma Gandhi used this principle. And many more.
What is this principle that has contributed to history’s greatest success stories? This principle is:
*** The Power of 1+1=3 ***
No, it is not a new math formula. This principle represents a “Higher Force” ... a collective force greater than any individual ... created through the power of Master Mind Alliances.
WHAT IS A MASTERMIND ALLIANCE?
A Master Mind Alliance is a group of like-minded individuals with the common purpose to contribute to each others’ success, in a spirit of harmony, partnership and reciprocity.
HOW DO MASTERMIND ALLIANCES ACCELERATE YOUR SUCCESS?
Such Alliances work on two levels:
THE ECONOMIC LEVEL:
A Master Mind Alliance becomes your own personal Board of Directors who wholeheartedly give advice, expertise and knowledge to further your success.
THE PSYCHIC/SPIRITUAL LEVEL:
When Master Mind Alliances form for the sole purpose of mutual success, a “Higher Creative Force” results, allowing each participant to achieve more than is possible on their own.
In practical terms, MasterMind Alliances ...
• Raise your income, and productivity.
• Give you an opportunity to leverage the wisdom and real-world experience of other business owners.
• Provide creative ideas for improving your business.
• Give you support and encouragement from within a group of your peers.
• Inspire you to reach new heights as a result of others' success.
• Provide a networking source of great contacts, referrals, and connections.
• Give you an opportunity to share your experience and contribute to other's success.
• Gives you a great way to monitor your progress and accountability.
• Provide a forum to reflect on your business results and strategies.
• Are a great place to air your ideas and plans and get feedback.
• Achieve more than you could on your own.
HOW DO YOU PARTICIPATE OR FORM A MASTERMIND ALLIANCE?
For 25 years, I have both participated and facilitated MasterMind Alliances and have gained much wisdom in what works and doesn't work. As simple as the concept of a MasterMind Alliance sounds, the logistics of such groups can make or break their impact. Below are the top 7 critical success factors when forming or participating in a mastermind alliance.
1. Clear Common Group Purpose
Does each member have the same needs and wants from the group? Eg., some members may be primarily interested in brainstorming; another may have joined the group for emotional support and connection. If members do have different needs, is there a way of addressing all of them without diluting the cohesiveness of the group? What will be the key focus of the group?
2. Group Chemistry and Trust
What is the level of trust in a MasterMind Alliance? Trust in a mastermind alliance comes from respect and supporting each other, from communicating cleanly and from a spirit of collaboration rather than competition. Without trust and chemistry, a true mastermind alliance does not exist.
3. Serious Commitment
The biggest reason, in my experience, why mastermind alliances fail is because one or more members did not make a serious commitment and make participating in the group a top priority. Lack of serious commitment destroys the cohesiveness and momentum of the group.
4. Group Decisions and Responsibilities
While one person may start the alliance, within the first meeting, it is important that the success of the group becomes every member's responsibility. It is critical that the leadership of the group and other responsibilities be rotated amongst members. All decisions should be done by group consensus.
5. Consistent Meeting Format
Having a set structure and agenda for each meeting is essential. Possible agenda items may include: brainstorming, a quick check-in, an accountability segment, sharing of resources, etc.
6. Equal Give and Take
The purpose of a MasterMind Alliance is both to give and receive support. Reciprocity is critical. If a group becomes imbalanced where some members only give support or some only receive support. it destroys the very foundation of the group. Active giving and active receiving maximizes the flow of ideas, energy and outcomes of the group.
7. Closed Membership
In my experience both as a facilitator and participant, it is important to allow the first 1-3 meetings for members to explore whether the group is a good fit for them. Once a decision is made by each individual, closing the group to new members allows the group to bond, know each other in depth and allow the trust to form. That is when the magic begins. Group dynamics are very volatile to changes, especially with changes in membership. If, after a certain period of time, the group wants to add new members, how many and who should be a group decision.
While there are many other logistical details beyond the scope of this article, the key is staying focused on that common purpose to contribute to each others’ success, in a spirit of harmony, partnership and reciprocity. I can say, from my own personal experience, that mastermind alliances have been and continue to be the #1 driver of accelerated momentum, success and breakthroughs in my business. As a facilitator of MasterMind Alliances for CEOs and business owners, I have also watched how that "Higher Force" ignites the potential and greatness in each member, beyond what anyone could imagine.
For an additional resource regarding Master Mind Alliances, I recommend reading Napoleon Hill’s classic best-seller, “Think and Grow Rich”, Chapter 9. According to Hill, such Alliances have been the basis of every great fortune in history.
The Power of MasterMind - To learn more about this author, visit Denise Corcoran's Website.
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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Dave KurlanDave Kurlan is the founder and CEO of Objective Management Group, Inc., the industry leader in sales assessments and sales force evaluations, and the CEO of David Kurlan & Associates, Inc., a consulting firm specializing in sales force development. Dave has been a top rated speaker at Inc. Magazine's Conference on Growing the Company, the Sales & Marketing Management Conference and the Gazelles Sales & Marketing Summit. He has been featured on radio and TV, including World Business Review with General Norman Schwarzkopf, in Inc. Magazine, Selling Power Magazine, Sales & Marketing Management Magazine and Incentive Magazine. He is the author of Mindless Selling and Baseline Selling – How to Become a Sales Superstar by Using What You Already Know about the Game of Baseball. He created and wrote STAR, a proprietary recruiting process for hiring great salespeople, and he writes Understanding the Sales Force, a popular business Blog and is a contributing author to The Death of 20th Century Selling and 101 Great Ways to Improve Your Life, Volume 2. - Visit Dave Kurlan's Website |
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George LudwigGeorge Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig's Website |
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Linda RichardsonLinda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website |
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