Tweet

Money and Marketing: 5 Ways Being In a Master Mind Can Pay Off

Guest post by: Kendall SummerHawk

Article Overview: When I first started my business I knew I needed help but I had no idea where to go or who to ask. Intrigued by the idea of joining a Master Mind, I did my homework and found out why being in a high-end Master Mind really pays off. After joining, I had tripled my income within 90 days. Coincidence? I don’t think so.

Money and Marketing: 5 Ways Being In a Master Mind Can Pay Off

When I first started my business I knew I needed help but I had no idea where to go or who to ask. Perplexed, I kept trying networking groups, teleseminar programs, at one point I even considered some of the traditional government-run small business centers.

I felt like Goldilocks. Each option was either too stodgy and "brick and mortar"-based, or felt cheesy. Plus, many of the avenues I researched seemed focused on slow growth, charging by the hour and other business no-no's that I knew weren't right.

Finally, while attending an event a few years ago, I was introduced to the idea of joining a high-end Master Mind. I watched in fascination as more than a dozen people signed up for a program that, at the time, seemed "priced to the nines."

Intrigued, I did my homework and found out why being in a high-end Master Mind pays off. Frustrated at the slow growth in my own business, I gulped, filled out an application and joined a high-end program. Within 90-days I had tripled my income. Coincidence? I don't think so.

Since then, I've been a believer! Now, not only would I never not be in a high-end Master Mind, but I've become a recognized expert at leading my own Master Minds, plus teaching my clients how to add this profitable income stream to their business.

Here are my personal, top 5 ways a Master Mind can pay off for you. Plus, the #1 "no-no"you must never do when joining a Master Mind.

Tip #1: Join A Master Mind With Members Who Are MORE Successful Than You

Your ego may not like this but if you're going to get the maximum value from a high-end Master Mind, you must surround yourself with others who have walked the path ahead of you. And please don't worry that you won't"have anything to contribute." As long as you show up powerfully and authentically, you'll offer plenty of value to the others in your group.

Tip #2: Choose Your Master Mind Leader Carefully

My mom taught me to always learn from the best. Which is why I carefully choose my Master Mind based not only on the successful track record of the leader but also on whether I resonate with their energy. I need to know they're going to push me beyond my comfort zone, challenge me to stretch into new levels of success, but do so in a way that feels supportive and collaborative.

Tip #3: The Bigger The Investment The Bigger Game You'll Play

I've always invested more than I thought I could "afford."Reason is, if the amount you're investing doesn't take your breath away (at least a bit!), you won't take the program, or yourself, seriously. Simply put: the more you invest, the more you implement.

For example: last year I invested 6-figures to be in a Master Mind. Believe me, that took my breath away, big time! Making that leap caused me to immediately step up, raise my fees, launch a new program, then launch a high-ticket info product that had been languishing on my to-do list for months. That launch alone turned into a multi 6-figure pay day.

Tip #4: Be Willing To "Undo Your Knitting"

Being flexible and having a beginner's mind will help you stay open to the creativity and feedback of your Master Mind group. It's not unusual to go into a Master Mind with one business but come out with another. What's both powerful and cool about this is that the business you end up with is the one you knew in your heart you wanted to create in the first place, but were afraid to.

High-end Master Mind members will instantly see what's possible for you, what your truth is, and where you may be hiding out. Not only will they call you on your "stuff" (ahem), but they'll help you with ideas and resources to make your product and program launches succeed far beyond your current vision.

Tip #5: Focus On The Transformation You Desire, Not The Amount Of Time Invested

A high-level Master Mind is not the place to be looking for the "super size me"option. While I highly recommend choosing a program that includes private coaching, the amount of coaching included isn't what will produce the transformation you desire. What will, is the collective ideas, feedback and "pull" forward you get from the group.

The Biggest "No-No"In Choosing Your Master Mind Program...

You must pay to play. Creating a Master Mind where no one pays does not pay off. There is simply no substitute for stepping up and investing in yourself in this way. Stepping up creates a powerful transformation within you that immediately shows up for you in your business.

Last tip on how being in a high-end Master Mind pays off? If you want to offer these types of programs in your business (and I highly recommend that you do), then you must be in one yourself. Otherwise, offering your own won't give you the experience you need, nor will it be authentic.

Considering that my clients routinely end up bringing in six figures per Master Mind program they launch, the investment in participating in one themselves is truly a wise one!

Related Articles
  I Hate MBAs/Redux
  There's Support in Numbers!
  The Secret of Success
  Top Home Business Opportunity – What the Guru’s will not tell you!
  Empowered Entrepreneurs Need A “Master Mind” In Internet Marketing
  The Master Keys to Success - Napoleon Hill
  The Entrepreneurs Coaching Center-The Power of the Master Mind
  Be Impressed, Grasshopper, Not Impressive
  Master Franchises Explained
  4 Things You Need to Know Before Becoming an Internet Marketer
  Can a Master Mind Program Help Your Business? How to Find the Right One
  3 Simple Steps To Become An Internet Marketing Specialist! ~MILLIONAIRE SECRET EXPOSED
  How to Get Things Done with a Master Task List
  Internet Money Making Opportunity – What you MUST Master 1st!
  Mental Momentum
  Where do I start if I want to make money on the internet ?
  Master Franchisee vs. Franchisee?
  Aire Master is Sweeping the Franchise Industry
  Things You Must Master on Your Road to Success! ~INSTANT CASH SECRETS
  Internet Marketing Business Ideas To Make It Successful

Article Tags: authentic marketing, business and marketing coach, business marketing, Kendall SummerHawk, marketing coach, marketing with integrity, money and marketing, women entrepreneurs
Referred by: http://www.MichelePW.com



Related Forum Posts
Re: What or Who Sparks Your Business Interest - It's interesting to see what the different motivations are by Age Category. I've noticed this around me: 20 to 29yr olds: Motivator: Money 30 to 39yr olds: Motivator: Success/Ambition 40 to 49yr olds: Motivator: Family comes first 50 to 59yr olds: Motivator: Leaving a legacy i've only gone that far in my analysis. Of course this is a braid generalization but I find that it helps direct my marketing to individuals in different age brackets. The product/service can be the same but the Marketing message (Benefit Statement) to a 20 year will revolve around "Money" vs. a 30-something would be on their "Self Image"
MLM Master Distributor Needed - Hi, We are launching a brand new MLM company this month and we need to bring on a Master Distributor to launch the company. If you have built a large downline, we want to talk with you asap. This position will be at the forefront of the company, and we are considering giving this position overrides on all company sales. Note, this is a one-time offer to interview with us as our initial Master Distributor positions will no longer be available. If you believe you are capable of helping please contact me here: skipsanzeri@yahoo.com Please send along any detail about downlines you’ve built including size etc. Thanks Skip
Re: Newbi here - thanks for your responses guys.. I really appreciate it. Well, I have learned from realhomebasedsuccess dot com that there are home based business opportunities and ideas that could be our option such as: -Selling Goods or Providing Services Online -Making Money through Direct Marketing -Becoming an Affiliate Marketer -Getting Paid on a Click Thru but I was thinking which is the best one and most effective in terms of generating consistent Ongoing Profits. What do you think? do you have any insights?
Re: Which would you start: a Blog or Online Community? - It is a difficult decision to make. Lets start it this way - What are you more interested in? Money? or Friends? or Both? If its purely Money, then Blog might be an appropriate answer. But consider this - It will be people (visitors) that will bring traffic to your blog and then Money will follow. This will be possible after a time and during this time it will be your friends who will be the starters. If you are looking for friends only, then its true that not many will be interested in knowing how you have beaten them in the game or the other way round. So it will be preferable to have a Forum where they can share ideas with you and others. But you can share your insider knowledge with them and invite comments from your Blog. You can also put up information on what others (including your friends) don't know about Tennis. The blog you create can provide News, Inside Information and also Techniques that can be used by the new entrants in the world of Tennis.
Importing from Russia - Hi Master - should you not have some idea of what you want to import? This would make the search easier to find someone.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Emotional Intelligence in Business

Leadership-A Daily Gift

Fear Factors in Small Business: Sales & Marketing

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.