Masterminding Your Way To Greater Success

Napoleon Hill coined the concept of the mastermind alliance in his classic book Think and Grow Rich. He believed that a group of like-minded, achievement-oriented individuals could dramatically leverage each other's success.

The old adages still hold true today, "the sum of the whole is greater than its parts" and "two heads are better than one". More and more today people in business are harnessing the power of mastermind groups to think bigger. Combining the power of several minds to solve problems, seek advice, different perspectives and achieve goals, simply creates greater results than "going it alone".

Mastermind groups commit to showing up and contributing to the success of each other. They become trusted confidants who rely on each other for priceless insights, candid feedback, valuable ideas, encouragement, inspiration and motivation.

Mastermind Group Types

Essentially, the types of groups are as endless as your imagination. Mastermind groups in large companies frequently consist of managers from different divisions, internal client groups who serve each other, or new leaders who want to further their development. Some mastermind groups are industry specific. They can be Financial Planners, Coaches, or Supply Chain Managers who commit to learning from each other. Small business owners often create mastermind groups to develop strategies, share lessons learned and resources.

The Planning Process

The first and most important step in forming a successful mastermind group is planning. Details can be fine-tuned once the group is formed, but having a clear picture up front will increase your chances of getting the right people the first time around. It will also help you communicate with potential members.

What will be the group's purpose and objectives? Be sure to think through both "what it is" and "what it is not". For example, a mastermind group is typically not a leads network.

What are the ground rules and boundaries? What's ok and not ok? And don't forget to plan for how the ground rules will be enforced.

How large will the group be? Groups typically have less than 10 members.

Where, how often, and how long will you meet? Some groups meet virtually through teleconference or the internet. The virtual groups usually meet more often. Other groups meet in person. They typically meet monthly or quarterly for a couple of hours.

How will meetings be structured? Some are structured with a facilitator and an agenda, some allot equal time to each member, some simply focus on the most pressing issues.

Who is the "ideal" member for your group? What are their characteristics? What is their expertise? What value will they add to the group?

Where To Find Members

Don't forget, finding the "ideal" member is the goal. Warm bodies do not equal "ideal" members. Some places to look for "ideal" members: Your existing network; Professional Associations; Chamber of Commerce; Your place of worship; Internet bulletin boards or networking groups; etc.

Managing Expectations

Everyone in the group needs to understand that there is a development curve in forming a mastermind group. While you're ramping up, members need to have open and honest conversations about group norms and expectations. These conversations solidify buy-in, begin to build bonds, and lay the foundation for trust.

Being a part of a successful mastermind group can be an invaluable and enriching experience, both personally and professionally. Some groups have literally shared the evolution of entire careers with each other. Wouldn't that be an amazing experience to look back on? Now that's what I call "power".

About The Author

Lora Adrianse is passionate about inspiring the enrichment of growth and development in others. As the owner of Essential Connections, she is a catalyst for clients who aspire to achieve extraordinary results. She is the coach of choice for people who desire to unleash their potential and maximize their personal and professional development. She is accomplished in developing employees at all levels, a seasoned business manager, and an expert in building solid business relationships with customers as well as other business partners. Her natural instincts enrich her ability to get to the heart of the real business issues people face today. She can be reached through her website www.connectionscoach.com, www.connectionscoach.com

disinfecting cleaning services Winnetka ..
In The News:

Data brokers aggressively collect your holiday shopping data to fuel scams and targeted ads. Learn how to delete your digital profile before 2025 starts.
Scammers are sending fake MetaMask wallet verification emails using official branding to steal crypto information through phishing links and fraudulent domains.
Learn what background permissions, push notifications, security updates, auto-join networks and app refresh mean to better manage your phone's privacy settings.
Criminals test stolen data by applying for deposit accounts in victims' names to prepare bigger attacks. Learn why banks won't share fraud details.
New study of 10,500+ kids reveals early smartphone ownership linked to depression, obesity, and poor sleep by age 12. Earlier phones mean higher risks.
A phone phishing attack compromised Harvard's alumni and donor database, marking the second security incident at the university in recent months.
AutoFlight's zero-carbon floating vertiport uses solar power to charge eVTOL aircraft while supporting emergency response, tourism, and marine energy maintenance.
A new phone return scam targets recent buyers with fake carrier calls. Learn how criminals steal devices and steps to protect yourself from this fraud.
New Anthropic research reveals how AI reward hacking leads to dangerous behaviors, including models giving harmful advice like drinking bleach to users seeking help.
The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.
Holiday email scams, including non-delivery fraud and gift card schemes, spike in November and December, costing victims hundreds of millions, the FBI says.
Holiday visits offer the perfect opportunity to help older parents with technology updates, scam protection and basic troubleshooting skills for safer digital experiences.
Swiss scientists create grain-sized robot that surgeons control with magnets to deliver medicine precisely through blood vessels in medical breakthrough.
Researchers exploited WhatsApp's API vulnerability to scrape 3.5 billion phone numbers. Learn how this massive data breach happened and protect yourself.
Travel companies share passenger data with third parties during holidays, but travelers can protect themselves by removing data from broker sites and using aliases.
Xpeng's humanoid robot moves so realistically that crowds believed it was fake, marking a major advancement in robotics technology ahead of 2026 commercial launch.
Researchers discover phishing scam using invisible characters to evade email security, with protection tips including password managers and two-factor authentication.
iPhone and Android users can reduce battery drain and data usage by restricting Background App Refresh to Wi-Fi connections instead of mobile networks.
Scammers nearly stole an Apple account by exploiting the support system with authentic-looking tickets and phone calls, users can protect themselves with safety steps.
FoloToy restored sales of its AI teddy bear Kumma after a weeklong suspension following safety group findings of risky and inappropriate responses to children.
Threat intelligence firm Synthient uncovers one of the largest password exposures ever, prompting immediate security recommendations.
Viral video shared by Elon Musk shows Tesla's Optimus humanoid robots performing tasks from cooking to construction, garnering over 58.5 million views on social media.
Chinese hackers used Anthropic's Claude AI to launch autonomous cyberattacks on 30 organizations worldwide, marking a major shift in cybersecurity threats.
Apple's new Sleep Score feature gives you a rating for your nightly rest quality. Learn how to set it up on your Apple Watch and iPhone today.
Essential phone settings to enable before losing your device, including Find My network, location services and security features for iPhone and Android.

What is Success Really?

Every single one of us is trying to reach success.... Read More

Become a Good Observer

We must never allow a day to pass without finding... Read More

Filling Your Bucket - How Negativity Can Make Or Break Your Business and Personal Success!

I received an advanced copy of a book called How... Read More

Leave a Legacy

What do Sam Walton, Ray Kroc, Hilton, Marriot, Firestone, Elvis... Read More

High Energy Performance

One of the hallmarks of all successful and high achieving... Read More

Vision -- What Are You Doing Today Towards Achieving Your Vision?

Every man who accomplishes things sees first in his mind... Read More

You Are What You Believe

The most important quality you can ever develop is having... Read More

A Pyramid of Success

Have you ever wondered what the difference is between a... Read More

Are You an Emerging Champion?

In terms of life success, there are four pretty obvious... Read More

Measuring Success

As I have worked with people over the years I... Read More

Chinese Gooseberries and Oprah?

Oprah and Harpo Productions, consistently reap awe-inspiring progress and record-breaking... Read More

Life Versus Lifestyle

There is a difference but what constitutes a life... Read More

The S.W.P.D. Recipe for Success

A wonderful quote by author and scholar William A. Ward... Read More

Prosperity Practices

By popular request, I thought I would put together this... Read More

Reach Your Goals - Step Into Your Own Truth

Create a truth and step into it There is a... Read More

Success Is Based On A Realistic Plan

Everyone wants to be successful. However, many people often rely... Read More

Posture Yourself for a Promotion

Sit up straight! You may recall hearing those words as... Read More

Daily Action Spells Success - What Have You Done Today To Make Yourself Feel Proud?

Since December 1st 2004, I have written one article or... Read More

Price of Success

We're all adults, and most of us probably like to... Read More

The Gift Of Success

Often just one self-help principle can increase your power to... Read More

Seven Empowering Success Beliefs

I call the following seven belief lies of success, taking... Read More

The Five ?P?s of Self-Employment

The entrepreneur game is filled with an amazing variety of... Read More

Feng Shuei To Attract Money

The first thing that you need to do is get... Read More

Success In An Ever Changing World?

Well, it's that time of the year again. No, I... Read More

The Secret Key (Part 1): An Overwhelming Purpose

Imagine that you are in a dimly-lit room. You don't... Read More

last minute cleaning help Highland Park ..