5 Insights to How a Mastermind Group can help you Thrive

Guest Contributor: Melanie Benson Strick
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I've been in mastermind groups for over 15 years. My first mastermind experience was with a group of friends back in San Diego, California where we focused on things like manifesting our marriage partners, finding our career paths and attaining our dream homes.

About five years ago I realized that as an entrepreneur, I needed something more. So I began a new kind of mastermind group that was focused on the challenges that all small business owners face: thinking bigger, moving past fears, learning from others what works in marketing and sales, etc. I quickly realized that I craved my mastermind time as a way to leap forward in my thinking and results.

Today, in addition to being a part of a mastermind for my business, I now also run mastermind groups for my clients. During our last Business Accelerator Mastermind Retreat in Phoenix, Arizona, some of the members were talking after the event about why it works. Here is a recap of the Top 5 Reasons a Mastermind Helps Them Thrive:

1. Brainstorming is more effective with more than one brain. Often our thoughts are limited to our current and past experiences. When you tap into the power of group experience, opportunities are unlimited.
   
   
2. You can't hide with in person accountability. When we follow our same old routines, it is easy to slip into the habits that have kept us in our current challenges. When you have a retreat to prepare for and you know that people are going to be listening to your updates, it's like a kick in the pants to remember to stay on track.
   
   
3. Other people's ideas can stimulate a healthy challenge. It only takes one new idea to put you on track for million dollar results. When you listen to how others think and strategize, it can help you grow and expand your "box" as well as challenge you to play a bigger game.
   
   
4. The realization that your obstacles are shared by many. It can be comforting to know you aren't the only one who has struggles and challenges. Many times a fellow masterminder's breakthrough can be exactly what you needed to hear.
   
   
5. Overcome isolation to thrive with connection. Dan Kennedy says, "Being an entrepreneur is the loneliest job on the planet." Most of us work alone from home. A mastermind can be a powerful way to stay connected, overcome isolation and a springboard for taking your business into new dimensions of success.