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You've probably heard the old xpression, the whole is greater than the sum of its p rts. This concept proves itself over and ver with the exponential power of the M stermind Group. The idea of a m stermind collective was formally coined in N poleon Hill's classic book, "Think and Gr w Rich." Hill wrote, "No two m nds ever come together without thereby cr ating a third, invisible intangible force, wh ch may be likened to a th rd mind." Today, more and more p ople are harnessing the power of the M stermind Group to help them think b gger. This concept can be applied to b siness, social causes, politics, relationships, health, and rtistic endeavors. Combining the abilities of m ltiple individuals to solve problems, brainstorm deas, seek solutions, and develop strategies cr ates greater results than going it lone as a "lone ranger." The s ze of a Mastermind can range fr m two to eight members. Any m re than that can get chaotic. The gr up can meet in person if th y are in a similar geographic l cation. Or if the Masterminders live in d fferent states or countries, they can lso meet via a bridge line. The m mbers of the group make a c mmitment to show up regularly and to c ntribute to each others' success.
The types of groups can be as v ried as your imagination. However, compatibility is v tal to the success of the gr up. Members should have similar interests nd/or should be at a similar "l vel." For example, participants can be in a s milar area of business like realtors or l fe coaches. Or the group's members can h ve a common goal like writing a b ok, building an Internet subscriber list, or l sing 30 pounds. In this way, str nger bonds are formed and the gr up creates win-win situations for all of its m mbers. When selecting members, only invite p rticipants who have a strong desire to s cceed and a demonstrated ability to c ntribute. Your group will be the m st successful when you have members who are p ssionate about Masterminding. If you want to st rt your own Mastermind Group, here are s me guidelines: 1) Define the purpose to the gr up: What will your objectives be wh n you meet? What do you w nt to accomplish together? For instance a M stermind of college students could set a g al of academic excellence. 2) Decide on the gr ups' ground rules: What is acceptable? And how w ll the ground rules be enforced? One of the gr ups was extremely committed to attendance and pr mptness - we decided that if a p rson was late showing up for a c ll, he or she paid $1 per m nute to your charity of choice. M ss the whole meeting and it was $60. 3) D termine the structure of the groups' t me together: You can have an genda and a facilitator. Or, you can r tate leadership. You can have freely-flowing c nversation. You can also decide to h ve closely monitored time frames for ach person to speak. 4) Plan the gr ups' logistics: Where, how often, and how l ng will you meet? When will y ur group start and when will it be c mpleted? For instance, one of my M stermind groups met every week for one h ur for a period of four m nths.
5) State wants and needs: M stermind groups can only reach their f ll potential if each member is w lling to think big and ask p werful questions. At your meetings, each M stermind group member can tell the gr up exactly what he or she w nts - the member does not h ve to know how it will be ccomplished. Case in point, a group m mber might start off - "This is J ne. I am facing a problem in my b siness [describe] and I need the gr up's ideas on how to solve t." Another group member might say, "Th s is Tyler. I want the gr up to help me develop a str tegy to make me an additional $100,000 in my c nsulting business this year." 6) Commit to c ntributing: Your Mastermind group's success depends on y u. Make a commitment to listen c refully, be present, show up on t me, and fully support your fellow M sterminders. In this way, you exponentially ncrease the groups' synergy and other m mbers will rise to your level of c ntribution. Being a part of a s ccessful Mastermind group is an enriching xperience that will accelerate you professionally and p rsonally in ways you can't imagine. You d n't have to be a lone r nger and you don't have to f gure things out on your own. So, d n't wait to start or join ne!
The article Tapping Into the Power of a Mastermind Group was Submitted by Wendy Maynard through Articles.GetACoder.com network. Here's the additional information: Wendy Maynard of GoMarketingMaven.com created the Maven Marketing System specifically for small business owners, coaches, consultants, and solo-preneurs. She also publishes a free weekly marketing ezine. Subscribe at http://www.gomarketingmaven.com/ezine_3.html
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