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Why Mastermind?

April 3, 2010 by  
Filed under Balance Matters Minute - Weekly Success Strategies

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Why Mastermind?

If you are on a quest for success in your personal life and professional life then you need a mastermind group.

The term was first introduced in 1937 in Napoleon Hill’s book, Think and Grow Rich.Many successful people have used the power of the mastermind group like, Henry Ford, Thomas Edison, and contemporaries like John Assaraf, and co-creator of Chicken Soup for the Soul, Jack Canfield.

Mastermind groups can be paid with a coach or free with a peer group. Both accelerate growth. I’m in a speakers mastermind group that has a monthly payment but I’m also in a free local business development mastermind and a telephone speaker/coach mastermind group from all over North America.

Here are 5 tips for starting your mastermind group.

1. Research, google, and learn about mastermind groups from someone who has done it.

2. Invite 5-9 people who offer an expertise, level of success, or strengths that compliment yours. I find having a variety of personalities and strengths in the group help energize and catapult the group success.
3. Choose a consistent time to meet every other week or monthly. You can meet at someone’s home (I enjoy having my local group sit around my pool cabana) or on a free telephone conference line that can be recorded (like www.freeconferencecall.com).
4. Let the group evolve and choose how they want to meet. Some are more structured with  topics and format and many are spontaneous and unstructured. Some focus only on business success though many focus on personal growth and business development.
5. Share ideas and resources, successes and struggles and be accountable. Build trust, share compassion, show stability, and inspire with optimism. Find a balance of giving and receiving with your mastermind group.

You asked. You got it!

Some of you wanted to join a group and be a part of a mastermind group that is “up to something BIG.”

So now I’ve created a tele-coaching group (mastermind) that will catapult your personal and professional success for only $79 monthly for 10 months.

Go to www.brentobannon.com under group coaching for more information and to sign up for the ongoing group coaching program.

Coaching points:

1. Who would you invite to your mastermind group?

2. What holds you back from starting or participating in a mastermind group?

** Any comments or questions email me at brent@brentspeaks.com

Call now for a speaker or life coach at 903.819.0301 and visit

www.strengthsfindercoaching.com,
www.360successcoaching.com ,
www.marriedtoyourboss.com and
www.brentobannon.com.

Brent O’Bannon
America’s Voice of Life Balance

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