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Mastermind Group Resources - Strategies to Get the Most from your Mastermind Group

Friday, February 09, 2007

5 Ideas To Starting A Mastermind Group

I was reading the Secrets To Success blog and found an interesting post mentioning 5 ideas to help you start a Mastermind Group. The ideas included:
1. Determine the size of group, and carefully select members. The group size should feel comfortable. Not too small and not too big. Select members for your group who will actively participate and bring value to the table.

2. Decide the frequency of meeting and agenda for each meeting. One group I was in had a very formal agenda for each meeting, with a specific topic for discussion. Another was less structured, yet focused. Determining "the rules" ensures that everyone in your group is accountable for success.

3. Be clear about expectations for attendance and behavior. Success comes from 100% participation. Without a rigorous commitment, the group will lose its power and sense of importance.

4. Always strive to be of service to others. Focusing on others first is the surest way to get the most out of your group. You will gain a great deal from participating in the group you help create, by choosing to give before you get.

5. Forget everything I just said, and build your inner circle organically. While I believe in the power of having a group that is committed to one another, I also believe in the power of one-on-one relationships and the advantages of hand picking your team over time. Honestly, either approach works. Perhaps you decide to have both.

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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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