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

Sunday, June 24, 2007

Evaluating New Members - What Are Their Goals?

Before any new member is accepted in one of my Mastermind Groups they must submit a one page overview of their business which will be reviewed by the group. The one pager typically covers the candidate's business experience and shares some personal information their own skills and background.

This overview is submitted to one of the Mastermind Groups who will review it and decide if the candidate should be invited as a guest to the next meeting.

As my groups develop and get more mature, each one takes on its own personality depending on members in the group. They start to decide what characteristics they are ideally looking for when recruiting new members.

On Thursday evening, my third Mastermind Group named itself The Visionaries (instead of PMG-3 which stood for Peer Mentorship Group #3) and we discussed the profile of a new potential member for the group. The group named itself The Visionaries because each member had big visions and dreams for where they wanted to take their companies. They, therefore, also want to bring on new members who share the same philosophy.

A suggestion from one of the group members was to ask new candidates to share with them on their one pager what their 3-5 year vision of their company is. Where does the candidate see herself going? This way the members can decide if the candidate had a big vision and would be a good potential member in the group or not.

I thought it was a fantastic suggestion and will be implementing this rule for all my groups. Any new candidate now who submits a profile to be reviewed by one of our three groups has to include in that profile a 3-5 year vision of where their company is going.

The strength of a Mastermind Group comes down to the people in the group. Anything you can do to improve the chances of getting the right people will make the experience more pleasurable and valuable. I am looking forward to implementing this new tactic and helping my groups attract more ideal members!

Labels: , , , , , , ,

 
 
My Photo
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.


Would you like be a contributor? Email Evan to learn more.

Popular Entrepreneur Articles
- How to Make your Small Business Big Profits (make your business big)
- WHY CHARITIES ARE GUILTY OF A BIG BLUNDER AND HOW THEY CAN LEARN FROM ANOTHER BUSINESS
- Death of the Sales Person (name of the position for a person who process sales"")
- How Learning Paths Accelerate Skills Development
- Doing What Comes Naturally Accessing Zycus Spend Management Innovation Through A Simplified and Practical User Interface Zycus Inc Profile
- Choosing a domain name for your golf online business
- The Four C’s at Work: A New Approach to Team Building & Why It’s So Important (four c's team building)
- How To Retain Top Talent During An Economic Recovery


Highlighted Websites


Mastermind Group Resources