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

Wednesday, March 28, 2007

Mastermind Membership And Logistics

I was pointed to the Life Two Midlife Improvement blog this morning (I'm not close to my midlife yet) because of a post written by Dave the Coach about who to invite and how to run a Mastermind Group. His advice is:

Who Should be a member?

You want people who have a similar interest. For example, a group of executives starting their own consulting companies.

They should be willing to make a commitment for a year to give a chance for the group to work. Note: It takes at least 4-6 months for the group to really gel and get to a consistent level of performing.

Interview people you are considering. Ask them what they can bring to the group and share what you bring to the table as well.

You all will need to be able to give each other feedback and be honest and willing to discuss when things are not going well. This is the most challenging aspect. And the most rewarding.

This needs to be a group that is passionate about blowing through the roadblocks and really exceeding everyone's goals.

What are the logistics?

I recommend meeting every two to four weeks at the same time. That way you can protect the time in your calendar. It means protecting that time as part of your commitment to each other.

You generally start a meeting with a check-in to share what you need to discuss. That drives the agenda with equal time given. Sometimes, my MM group will devote an entire meeting to working on a single issue for one member. We then make sure subsequent meetings shift their focus to the rest of the group. It is very democratic.

Whether you are mid-life or not, Mastermind Groups are a great way to help you connect with your passions and build a plan to accomplish 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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