I get a number of questions from people interested in my Mastermind Groups about how many people are in each group. Some want small, intimate groups, while others want to meet as many people as possible.
We try to strike a balance in our groups by having a minimum of four members and a maximum of eight.
The reason we work within these boundaries is that you want enough opinions around the table so that it's not just two people talking to each other. With four people who have different backgrounds and skill sets, you can have enough experience in the room to get a meaningful discussion.
On the other hand we limit the maximum to eight because you want to make sure that every member has enough time to get meaningful input on their businesses. If you meet after work, as we do, then the meetings would go on late into the night if you go over eight people. We try to keep the meetings to three hours or people start to lose their focus.
I would also like to say that we never rush to fill the membership to eight. It's always more about getting the right people in the groups than just filling the groups. If two members don't get along with each other then they will tear the group apart an nobody will benefit from the experience.
One of my groups has gone for over a year with seven members and while they are open to the idea of getting an eighth, they are happy with seven and don't want to disrupt the flow with the wrong member.
Keeping your groups to a minimum of four and a maximum of eight helps keep the intimacy of a small group but also allows for enough opinions and makes sure you finish while your mind is still fresh!
Evan Carmichael
We try to strike a balance in our groups by having a minimum of four members and a maximum of eight.
The reason we work within these boundaries is that you want enough opinions around the table so that it's not just two people talking to each other. With four people who have different backgrounds and skill sets, you can have enough experience in the room to get a meaningful discussion.
On the other hand we limit the maximum to eight because you want to make sure that every member has enough time to get meaningful input on their businesses. If you meet after work, as we do, then the meetings would go on late into the night if you go over eight people. We try to keep the meetings to three hours or people start to lose their focus.
I would also like to say that we never rush to fill the membership to eight. It's always more about getting the right people in the groups than just filling the groups. If two members don't get along with each other then they will tear the group apart an nobody will benefit from the experience.
One of my groups has gone for over a year with seven members and while they are open to the idea of getting an eighth, they are happy with seven and don't want to disrupt the flow with the wrong member.
Keeping your groups to a minimum of four and a maximum of eight helps keep the intimacy of a small group but also allows for enough opinions and makes sure you finish while your mind is still fresh!
Evan Carmichael
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