The Power of the Mastermind – What the Top 2% Do
I’ve been working my way through Nightingale Conant’s Audio Program “The Top 2%” and I have found the information about the power of the Mastermind is an excellent explanation. I am amazed at how many people have never heard of the concept of the Mastermind. That is until they encounter me! This week I want to share with you some of what “The Top 2%” says about a Mastermind.
Imagine, working with like-minded people in a coordination of knowledge and effort, in a spirit of harmony, between two or more people for the attainment of a definite purpose. How powerful would that be? That definition is by Napoleon Hill, author of Think and Grow Rich, he was one of the first people to talk about a “Mastermind Group.” Basically, it’s two or more people (usually between six and eight) who come together (sometimes by telephone) on a regular basis to discuss ideas and goals and to hold each other accountable.
The value of a Mastermind group is far more than a sharing of intellectual ideas, or being held accountable for taking action toward your goals, though. Personal coaching could achieve that. Instead, the value in a Mastermind group can be described in the saying “the whole is greater than the sum of its parts.” In other words, in a great Mastermind group, a synergetic energy is created that is more than just that of the individuals who comprise the group. A Mastermind group can be the vehicle that allows members to blast through barriers and obstacles, achieving a far greater level of success than alone.
Here are some of the common characteristics of a Mastermind group?
- SynergyWithin a Common Goal – Not necessarily the exact same goal but an example of a common goal might be to improve their business. In other words a common or similar reason for being there.
- Varied, Backgrounds, Skill Sets, and Levels of Experience – This brings diverse points of view from all points of view. New and then experienced.
- High Accountability – This is one of the hallmarks of a Mastermind. Mastermind sessions are not scheduled bitch sessions!
- Strong Giving Spirit – This is really neat to see, witness and experience. All members become genuinely interested and invested in the others success.
- Limited in Size – The ideal size is somewhere between 6 and 8 people. Fewer and the group loses its diversity and more than that the group loses its intimacy.
If you’ve not experienced a Mastermind before. Let’s talk! My very good friend, coach and mentor Scott Manning runs some tremendously powerful Mastermind groups!