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: