What’s a mastermind?

Have you ever heard the phrase many hands make for light work? Meaning that the more people you have helping or pitching in on a task, the faster it goes. Well, in this case, its many minds make for light work, and it’s the same principle. The more people or minds you have focusing on your goal, the more progress you can make and what I’m referring to is mastermind groups.

Napoleon Hill, author of Think and Grow Rich, defined the mastermind group principle as “The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the spirit of harmony.” It’s a principle I firmly believe in, and it is one that has accelerated my career and business exponentially. It’s not a new concept either since he penned the words over 75 years ago, but it’s a good, solid strategy for anyone building, refining or wanting to exert influence over their career.

Why join one?

Why would you join a mastermind and share your triumphs and tribulations with other people? Because it’s your personal community that you select. You will find like-minded people who are committed to being there for you just as you are for them. With a group of people, you aren’t alone, and since you are regularly connecting, you get the support you need consistently. You get to share what you learn, and not reinvent the wheel and waste time when someone has been through a similar circumstance. You are also encouraged to think big because people external to us don’t see the same limitations that we place upon ourselves.

How do they happen?

Masterminds can take place in person, and you can physically meet somewhere at a regularly scheduled time. They can take place “retreat-style” where you go away somewhere for a determined period, like a weekend, and take a deep dive into the group. They can also take place virtually or over the phone on a regular basis. It doesn’t have to cost money, and there are many free resources like FreeConferenceCall.com, Skype, or Google Hangouts.

What is the format?

Successful Masterminds can be conducted in many formats, but the one that works best for me is to (1) Start with a celebration, something that is going right for you in your career or business. This gets you to focus on what’s going well because too often we focus on what’s not. (2) Say what you’re currently working on and/or what you need help with from the group. Be specific. (3) What you need to be held accountable for at the next meeting. Make sure that everyone in the group gets equal time and that you are fully supporting the others in your group when they ask for it.

What do I need to do to be successful?

Commitment from the group is going to be the biggest factor of success for all of the participants. We all get busy, and if you aren’t willing to commit to the group and show up to support the others, it’s not going to work. Pick a time that works for the group consistently and protect that time on your calendar at all costs. What you put into it is what you will get out of it, and that can be just the clarity you deserve!

Debbie Peterson is a Keynote Speaker, Seminar Leader and Mindset Expert who works with executives and professionals to develop more confidence and clarity in their career experience. She has educated and inspired corporations, charitable organizations and professionals to create the personal mindset necessary to produce consistent professional results. You can find her at Debbie@GettingToClarity.com  or http://gettingtoclarity.com.