What is a mastermind and why should you join one?

What is a mastermind and why should you join one?

I don’t know about you but I grew up thinking Mastermind was a quiz show on TV, a quite boring one at that.

But then when I entered the world of business, and I kept hearing everyone say

Oh you must join a mastermind

Or

Ask the members of your mastermind to help you on this

I thought it was some new fangled bit of business advise to stop you from actually getting on with the business of your business. But actually the concept has been knocking around for some time,

It was introduced by Napoleon Hill in his book from the 1920s, The Law of Success, and expanded upon in his more popular book, Think And Grow Rich which I read last year. While Napoleon Hill called it a “master mind alliance,” it’s now better known as a “mastermind group.” where people gather together in a structured, repeatable environment for the success of all.

In the speaking world everyone already seemed to be in a mastermind, and enquiring with folks you admired about joining theirs or forming a new one felt a bit like asking “Will you be my friend” or worse still “Are you single”.

What I have learned about masterminds is that like any relationship there has to be give and take, you all have to be at the right stage in life, and ready for commitment.

From what I can work out, there seems to be 2 main types of mastermind…both of which I have experienced being a participant in and leading over the last few years.

  1. Paid Mastermind – Whereby you pay someone (experienced and knowledgeable) to facilitate a mastermind over a set period with clear objectives that help everyone move forward. These can be in person in a geographical location or done via skype or some other technology.
  2. Unpaid Mastermind – Whereby a group meet in person or virtually at regular intervals with no leader as such, but each participant comes with a set of skills, experiences and qualities which benefit the group. Objectives are established early on, and trust and confidentiality are a must.

There are pros and cons to both of these, and no reason at all that you can’t be part of a number of mastermind groups as long as each are serving you and helping you progress. Finding the right people to be part of any mastermind is key…and committing to it 100% is the only way of getting real benefit from it.

I am part of 3 masterminds at the moment…

My SPEAKER Mastermind – Which involves 2 of the most awesome women I know. We came together quite organically after knowing each other through The Proffesional Speaking Association for a while. We each speak on different topics, and have different skill sets but we get on famously and in the past 6 months we have really helped each other move forward with our speaking businesses. What I have found I enjoy most about this mastermind is that we meet in person once a month, always in a nice location and we have the whole day to work on our businesses. A surprise to me though is how much I have enjoyed giving ideas and solutions to my mastermind buddies, and then enjoying the wins they have had as a result.

My BUSINESS Mastermind – This is a paid mastermind with the genius that is Digital Strategist Gemma Went. I had been following Gemma for a few years on social media and really loved the way she showed up on line. I had been looking for a business coach for a while to help me clarify my vision for the business and to hold me accountable as it grows, so when places become available in her Flourish Mastermind I jumped at it. In this one I love how I do the work because I have paid for it…I stay in the room, attend all coaching sessions and post in the Facebook group whenever I am stuck because I know this is an investment in me. I also love how much the 20 participants have got to know each other and offer practical and emotional support as we work through the programme together.

My HEALTH Mastermind – Now this is a strange one really, because its a group I actually lead. Yet I get so many benefits from its members. The Clubhouse is my online running club, but it is so much more than that. It is a team of almost 400 warriors, and superheroes who support each other virtually but also make the effort to meet up for training, races and socials whenever they can to. We don’t just talk about running or fitness, but any conceivable topic related to being a woman and wanting to be in good mental, physical and spiritual health. They are a lifeline to me, and to each other. They pay just £79 for the year for this support.

So the question is when are you going to join your own mastermind?

Business is lonely, heck life itself can be lonely…the pursuit of our dreams whichever area of our lives they sit in can be lonely as hell. It doesn’t matter how great your friends and family are, or how wonderful your partner is…sometimes having a group of people who you don’t know so well, who are not likely to laugh at your ideas, or hold you down because of their own issues is a more productive way of getting the support you actually need, to become the person you actually want to be.

In a world where your network is your net-worth (who is it who said that again?) can you afford not to surround yourself with people on the same brainwave as you?

This month I am launching my own paid mastermind called Living a Bigger Life which focusses on improving health, wealth and happiness for women.

Thousands of women over the last few years have told me they feel like they are hiding away from the life they actually want? Living a life quite different from the one they once pictured for them self? 

Often they feel like they have to do everything by themselves, and have nobody to inspire, motivate and keep them accountable when it comes to their dreams and goals.

So I have designed a 10 week transformational programme to help women step out from the shadows and live a bigger better life? And with lifetime access to the training materials, the mastermind community on Facebook and ongoing support from me, this really is a mastermind with a difference…a super sized one if you like.

There are less than half of the places left at the hugely discounted pilot price of £359 and we start in 2 weeks. So are you ready to live bigger? Or do you know a wonderful women who might be?

Find out more here

 

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