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Toronto Entrepreneur Mastermind Group

Mastermind Groups: What Are They?

The concept of Mastermind Groups was first discussed by Napoleon Hill in his famous book, "Think And Grow Rich." In his research of the most successful people of his time, Hill found that a key difference that made people successful was being involved in Mastermind Groups. Masterminding involves bringing people together with different experiences and ideas to collaborate, brainstorm, and provide support to help the participants achieve their goals. For business owners Masterminding can help you model other successful entrepreneurs, make you accountable for achieving your goals, and provide you with your own personal experienced board of directors.
 

Famous Example: Henry Ford's Mastermind Group

In "Think and Grow Rich", Napoleon Hill talks about Henry Ford's Mastermind Group:

"Men take on the nature and the habits and the power of thought of those with whom they associate in a spirit of sympathy and harmony. Through his association with Edison, Burbank, Burroughs, and Firestone, Mr. Ford added to his own brain power the sum and substance of the intelligence, experience, knowledge, and spiritual forces of these four men. Moreover, he appropriated and made use of the Master Mind principle."

International Example: Young Presidents' Organization

Young Presidents' Organization brings together more than 11,000 young business leaders across 90 nations for peer networking. They exchange ideas, pursue learning, and share strategies to achieve personal and professional growth and success. Their philosophy is to make themselves better presidents by learning from each other. According to their Website, "Nobel Laureate Nelson Mandela, U.S. Presidents George W. Bush and Bill Clinton, His Royal Majesty King Abdullah II of Jordan and Revolutionary Leader Fidel Castro are examples of world leaders who have carved time from their schedules to meet YPOers and share lessons in what it means to be a global leader." To qualify, however, for the Young Presidents' Organization you need to have $8,000,000 in sales and over 50 employees.
 

Canadian Example: Entrepreneur Mastermind Group

Brian Scudamore, owner of 1-800-Got-Junk, grew his business from $201,532 to $8,057,563 in revenues over only 5 years. His company has won awards such as Fast Company's "Fast 50", Entrepreneur Magazine's "100 Hot Franchises", and Profit Magazine's "Top 100". His business has also been featured by CBS, CNN, The New York Times, Oprah and Dr. Phil. What is the secret to his success? In Brian's article "Small Group Networking Among Entrepreneurial Peers", in his own words Brian says:

"In my case, the value of peer networking was more than just incredible business advice. Not surprisingly, the members of my forum have also become some of my closest friends. I can honestly say that my peer network was one of the most important factors in enabling the expansion of my business."

Toronto Entrepreneur Mastermind Group: What Is It?

I have now set up a series of Mastermind Groups for Toronto entrepreneurs who want to benefit from the peer to peer network of group coaching, support, and experience. If you would like to get involved, contact me by clicking here.

The reasons for the group are:
• To share your ideas and get feedback from other toronto entrepreneurs so you can leverage their success and experience to rapidly grow your business

• To provide access to a network of business owners from various backgrounds to obtain different perspectives, input, and resources

• To make yourself accountable to others for key goals you have for your business and have a mechanism to help you follow through


Here are the main components:
• Meetings with your group are once per month

• Sessions begin with a 20-30 minute brainstorming session for one group member or expert guest on a lesson learned

• Each member will then have 15-20 minutes of their own time to share their challenges and get feedback and suggestions from the rest of the group. This is your time to bring up your important business issues and get valuable advice to help you move forward

• At the end of the session members set goals for the next month and are paired with another member. A weekly time is set between pairs for a quick phone call to follow up and make sure you follow through on your goals

• Members are from non-competing industries and sign confidentiality agreements

• Members get a guaranteed profile on EvanCarmichael.com, the Internet's #1 resource for small business motivation and strategies.

Free Bonuses

Aside from excellent business advice, a supportive group environment, and valuable contacts, membership in the Toronto Entrepreneur Mastermind Group has its advantages.Becoming a member entitles you to the following FREE bonuses:

• Search Engine Reports – Over US$2,500 in free reports on how your website is doing compared to your top competitors and specific steps to take to rank #1

• Entrepreneur Events - We hold regular social events like pool nights and barbeques for the members to get to know each other as well as business events where we learn from those who have accomplished more than us. See the videos at the top right of this page for an example.

These free bonuses and special access features are available only to members.

Current Availability

1 Spot Open!: 6:30 PM in person meetings on the first Thursday of every month.

Sold Out!: 6:30 PM in person meetings on the second Thursday of every month.

To join the wait list, contact me by clicking here.

Videos From Recent Mastermind Group Events

Mike McDerment, FreshBooks

Videos created by phanta media

Brett Wilson

Videos created by phanta media

Jeff Dennis

Videos created by phanta media

Razor Suleman, I Love Rewards

Videos created by phanta media

Harry Rosen    

Video created by phanta media

Frank Cianciulli, Enunciate
Frank Cianciulli - Enunciate
Video created by phanta media

Commitment

There is a financial commitment of $500 satisfaction guaranteed annual membership fee and monthly dinner costs (usually $15 / month for catered meal). There is also a time commitment which is not to be taken lightly. It consists of coming to the meetings each month and calling your accountability partner to make sure you follow through on your goals once a week.

Want to Create Your Own Group?

Membership, however, is not for everyone. You have to be serious about building your business and be willing to share with and learn from other entrepreneurs. If you would like to get involved or learn more details, contact Evan by clicking here.



#11 - Create a Mastermind Group

This worksheet will guide you through the steps of what to look for in a Mastermind Group or how to create your own. Learn More. Advice from:

            

Toronto Entrepreneur Mastermind Group


Louis Trahan - Last Minute Training
"Being part of the Toronto Entrepreneur Mastermind Group connects me to advice and expertise of other professionals who really CARE about my success. Mentorship groups like these are an indispensable part of starting a business today."

Steven Albiani - The Haunn Group
"TheToronto Entrepreneur Mastermind Group has to date has been a positive experience for me and my business to be a part of. It is rare to have the opportunity to meet on a regular basis with individuals that share the same passion for building something beyond themselves. The group has given me a network to critically think about opportunities and issues providing a proactive approach to my business strategy. I appreciate being held accountable for the goals that I set in my business by the group because the end result is seeing those come to fruition quicker."

John Carter - Real Estate Entrepreneur
"Ever feel like you’re nuts being an Entrepreneur? Like you have no-one who understandings the challenges you face, and to share in your successes? The Toronto Entrepreneur Mastermind Group is a group of like-minded, equally successful entrepreneurs that are equally open to share feedback and ideas on my businesses as they are open to my input. I wouldn’t be an entrepreneur without a group like this."

Suky Sodhi - Professional Selection, Inc
"Toronto Entrepreneur Mastermind Group provides a unique personal forum to gain a broad range of unbiased, independent, very high quality perspectives on issues you face and ideas on how to overcome challenges. The Group idea is special and valuable as you contribute and grow as a group."

Gary Shouldis - The Little Gym
"Being a part of theToronto Entrepreneur Mastermind Group is like having my own private council of great business minds ready to help me work through any business challenge I face.  Each month I leave the meetings feeling refreshed and excited to tackle the challenges and opportunities that wait for me.  I never would have met such a wonderful group of business minds on my own, great work organizing it Evan!"

Dr. Anna B. Baranowsky - Traumatology Institute
"As a Clinical Psychologist, my background did not provide me with any business training. In the Toronto Entrepreneur Mastermind Group I have found a tremendous resource of people who are willing to discuss all aspects of running a business. There is such diversity among the members who range in their professions as well in the development of their businesses. So we all learn about every stage of business development and the idea generation for complex problems is an enjoyable and worthwhile exercise every time. Bravo Evan for putting together such an terrific program."

Max Kalles - Orange Digital Marketing Inc
“The Toronto Entrepreneur Mastermind Group gives me the ability to interact, share, and learn from fellow business owners who have the same problems and challenges that I face as an entrepreneur on a daily basis. The group helps me to set goals and an action plan for my business, and then holds me accountable for achieving those goals.”

Michael Nguyen - Sprezzatura
"The Toronto Entrepreneur Mastermind Group is a place where successful entrepreneurs in different industries can leverage their different knowledge set. It is a place where I go to discuss and formulate ideas."

Raye Ackerman - ITS Dispatch
"Since becoming involved with the Toronto Entrepreneur Mastermind Group, it has truly been an eye opening experience to see that other business owners like myself, are struggling with the same daily challenges. Our group is quite balanced and we have some members that have already dealt with many of my current issues and offer great input and advice on how to work through them. Ultimately, the group acts as a great motivator to keep me on track and accountable for financial targets and to ensure that issues that I plan on dealing with are dealt with... (No later than the next meeting!)"

Karim Ismail - Keep Any Promise
"My fellow entrepreneurs at the Toronto Entrepreneur Mastermind Group have provided me with great insight with a new business venture I am launching, providing much more clarity regarding my vision and how best to execute a launch plan. They have also provided invaluable CEO level contacts through their networks that I would have never been able to reach. At VERY meeting, the learning on the part of all members is staggering, with very helpful suggestions around difficult issues faced by entrepreneurs."

Alfredo Arias - Flash Fog Security
"My experience with the Toronto Entrepreneur Mastermind Group has been wonderful. Our business has evolved in important ways from insights discussed at a meeting. The members really complement each other, and at the end you get refined ideas that you can put to use immediately"

Kim Gans - Sweet Flour
"The Toronto Entrepreneur Mastermind Group has been a tremendous asset in helping me turn my entrepreneurial goals into reality. The group has helped me think through business issues and has been a great sounding board for new ideas. I appreciate the group’s openness and diversity of thinking, as they are not afraid to challenge me. It is these rich discussions that help me become a better entrepreneur."

Mark Ellwood - Pace Productivity
"I have always believed that the people I know contribute to my success. The Toronto Entrepreneur Mastermind Group has allowed me to expand my network and meet some very successful entrepreneurs."

Simon Payn - Ready to Go Newsletters
"I have made thousands of dollars by being part of the Toronto Entrepreneur Mastermind Group. Why? Because when I go there I get great ideas followed by a swift kick to the butt to put those ideas into action. I added a major product line to my business at the start of the year after the group reinforced and prompted me to implement an idea that had been knocking around my head for months. That product will probably become 50% of my revenue in the next year. This is the great thing about meeting regularly with a group of smart business people: the members bring street-savvy advice to your business that comes from a perspective that is outside your business. To anyone walking the lonely road of entrepreneurship, that kind of input is extraordinarily valuable."

Mark Drager - Phanta Media
“As an Entrepreneur, who do you turn to for advice? Family members? Friends? Ex Co-workers? In most cases they don't understand the challenges I'm facing because they haven't been there. The Toronto Entrepreneur Mastermind Group is made up of Entrepreneurs who HAVE been there – they've faced the challenges that lay ahead of me and through shared camaraderie will help me overcome them.”

Kris Schantz - Happy Worker
“The Toronto Entrepreneur Mastermind Group is a cross between a league of entrepreneurial superheroes and a no-nonsense support group. My own strengths and weaknesses are checked by my group mates, who actively support and motivate me to meet my targets, be a better entrepreneur and a better person. Before I joined the group I was a 150-pound business weakling… now look at me! Beefcake. Beefcake!!”

Mark Arteaga - RedBit Development
"One of my biggest challenges with running a business is who do you turn to when facing a business challenge? Who do you turn to when you want advice? The best source is other entrepreneurs who are willing to share their past experiences and challenges. That's what you get at the Toronto Entrepreneur Mastermind Group. The group always has feedback on business issues and has given me the opportunity to critically think on strategies to grow my business, set goals and be accountable for those goals."

 
Mastermind Group Resources

 

Other Toronto Resources
 


Mastermind Extras

Phillip Brown
Phillip Brown

Guy Kawasaki
Guy Kawasaki

Google Event
Members go to Google's Toronto HQ to learn about online marketing and get their questions answered directly by Google's staff.
Fresh Books

FreshBooks Event
Members meet FreshBooks founder Mike McDerment who explains how he went from 0 to over 1,000,000 users through SEO, social media, and referrals.
Fresh Books

Cosmic Bowling Night
Members join together for a night of cosmic bowling at O'Connor Bowl.
Cosmic Bowling

Brett Wilson Event
Members meet with Brett Wilson from CBC's the Dragon's Den. Brett shares his personal success story and answers questions in an insightful session with the members.
Brett Wilson - Dragon's De

Mastermind Pool Night
Members get together at the Charlotte Room in downtown Toronto for a few rounds of pool and fun.
Jeffrey Dennis - PROFIT Magazine

Jeffrey Dennis Event
Members meet with Jeffrey Dennis who is Canada`s advisor to CEOs of fast growth companies. Jeff is a columnist with PROFIT Magazine and has advised four of Canada`s fastest growing companies.
Jeffrey Dennis - PROFIT Magazine

Razor Suleman Event
Members meet with I Love Rewards Razor Suleman who was BDC Young Entrepreneur of the Year for 2007, #12 on the PROFIT 100, and one of Canada's Top 100 Employers and the GTA's Top 50 employers.
Razor Suleman - I Love Rewards

Lakehouse Trip
Mastermind members relax and get to know each other's families at a Peterborough lakehouse. Activities included dinner, canoeing, Wii, puzzles, and trivia games.
Mastermind Lakehouse Trip

Harry Rosen Event
Toronto members have intimate meeting with Harry Rosen who shared his wisdom on how to achieve entrepreneurial success and answered questions from our group.
Harry Rosen

PROFIT Magazine Event
Toronto members meet with PROFIT Magazine editor Ian Portsmouth who shared strategies on how to get media attention for your business.
Ian Portsmouth - PROFIT Magazine

Frank Cianciulli Event
Members meet Enunciate's Frank Cianciulli who grew sales 17,298% in 5 years, took 2 firms to the PROFIT lists, won the E&Y Emerging Entrepreneur of the Year, and is one of Canada's Top 40 Under 40.