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!
Register for the Next LeadershipInsights Webinar
Join our mailing list to receive the latest news and updates from our team.