Masterminding and Monthly Agreements

Guest Contributor: Lorraine Cohen
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I've had my own personal mastermind group for about 5 years. Over the last five years the group has undergone many transformational changes including becoming more serious and intentional about the results we wanted.

One of the changes we implemented last year was the idea of creating monthly agreements. Essentially, we made a mental paradigm shift on the idea of goal-setting to focus on committing to monthly agreements; making self-promises and that you agree to fulfill to yourself and the group.

In other words, being in integrity with yourself about who you are and what you really want thereby enlisting your mastermind team to hold you to your best in keeping your promises. How good do you feel when you say you'll do something and then you don't do it?

Note: the promises are meant to stretch you out of your comfort zone so that you are challenging yourself to growth yourself and your business. They reflect your dreams and desires in ways that are meant to motivate and inspire you forward.

Here's what we do:

1. All monthly promises are due in writing on the first day of each month to include the name of each person and the month date. Promises are emailed to each member in advance of our upcoming meeting. (We meet monthly on the first Friday of each month).

2. The language of each promise is important. Agreements include both business and personal intentions. Promises are stated in succinct and action-based language. For example: Attend 5 networking events this month. Secure three speaking engagements. Exercise 4-5 times per week, 30-45 minutes (min. 2 days strength train, 2-3 days cardio). Schedule 3 strategic get-acquainted coffee meetings with prospects. If the language is wishy-washy, we hold each person accountable to restate the promise with deeper intention. The number of monthly promises varies and is not meant to become a to-do list.

3. Each month we debrief on our progress and deal with any resistance and obstacles. Conversations are authentic and direct with compassion and accountability. Fostering a strong relationship of safety and integrity with my group has enabled me to be authentic and vulnerable with them about my challenges and opportunities especially during those times when it gets a bit emotional and confrontational. Frankly, I wouldn't have it any other way. That's what they are there to do - hold me to my best so that I am living my vision.

To your success!

Lorraine

3 Secrets of a Super-Charged Mastermind Group

Guest Contributor: Melanie Benson Strick
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Is your mastermind super-charged? Well, if you are growing at the speed of light, feeling challenged to play a bigger game, and thinking of ways to take your business to the next level then yes, you probably have a super-charged mastermind.

But for many people in a mastermind, you might actually feel like Debbie did. Debbie stopped me at a recent event where I was speaking to ask me about my mastermind group. I often will talk about how my own personal mastermind group has challenged me to skyrocket my success. Debbie shared with me that in her mastermind group, she felt stagnant. Often her group, as well meaning as they all were, just went through the motions. Many showed up late to the meetings, didn't have any progress to share and seemed as if they were "on another planet."

Debbie was feeling the pain of a mastermind group in burn out. That happens when people get comfortable and don't feel that challenge to rise to the occasion anymore. I suggested that she "super-charge" her mastermind group.

So what are my 3 secrets to a super-charged mastermind?

First, only allow into the group people who share common values of integrity, connection and win-win outcomes. When your mastermind group hits a lull, it will be the common values that create a foundation to push past the burn out.

Second, have consequences for not showing up, being late, or not accomplishing goals. Human beings are susceptible to the "comfort zone." There has to be something at stake to continue to push past that comfort and continue to grow. Each group member must be aware of the cost of not playing by the rules.

Third, reenergize the group by introducing new players. Sometimes you just have to shake the group up a bit and get fresh bodies (and thinking) into the group.

The bottom line is that your mastermind group needs to stimulate, challenge and inspire you to play a bigger game. If that's not happening, you might need to find a new group.