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Monday, October 30, 2006

How To Run A Mastermind Group Meeting

In a recent blog post, David Finkel laid out how he suggests running a mastermind group:

1. Give a 2-3 minute recap of the activities and results for the week. This should be in bullet points that were put down in writing BEFORE the meeting.

2. Share the three things that went best about the week.

3. Share one specific thing that you will do different next week that will have the greatest positive impact on your investing.

4. For the final 5-10 minutes, get feedback from the group. This feedback can be in the form of questions or direct input.


He suggests holding meetings on weekly or bi-weekly basis.

I've found that a monthly meeting works well with members being paired up and taking on the responsibility of calling each other every week at a designated time to ensure they are following through on the goals that were set out in the meeting.

Our sessions are run as follows:

- Sessions begin with a 15-20 minute brainstorming session for one group member or expert guest on a lesson learned

-• Each member will then have 15-20 minutes of their own time to share their challenges and get feedback and suggestions from the rest of the group. This is your time to bring up your important business issues and get valuable advice to help you move forward

-• At the end of the session members set goals for the next month and are paired with another member. A weekly time is set between pairs for a quick phone call to follow up and make sure you follow through on your goals

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Name: Evan Carmichael
Location: Toronto, Ontario, Canada

EvanCarmichael.com is the world's #1 website for small business motivation and strategies. Evan also runs a series of successful Mastermind Groups in Toronto for entrepreneurs.




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