THE 8 MAIN BENEFITS OF JOINING A MASTERMIND GROUP

I was first introduced to the concept of Masterminding several years ago but nowadays everyone seems to have one or part of one. The problem is in my experience most are little more than a WhatsApp group or LinkedIn Pod. However, before you dismiss the idea here are 8 ways they can help you and your business to flourish:

1. Motivation.

It’s easy to become side tracked and drawn into the daily non-urgent bombardment of emails and supposed crisis but everyday that passes in one of these blurs is moving you in the wrong direction. Being part of a group of likeminded positive people can help drive you towards your stated goals rather than away.

2. Alternative Perspective.

Looking outside your inner circle, outside of yourself might seem scary or counterintuitive as YOU have built your business so far but other members of your group will bring their own experiences and their own knowledge to the table. This alternate perspective can often be illuminating and occasionally frighteningly obvious.

3. Inspiration.

Regardless of your goal remaining optimistic and positive is crucial to navigate the unavoidable bad days that we all face so surrounding yourself with successful and inspiring people is a must. Look for masterminds groups with people who have already reached your goal and/or with people with whom you resonate.

4. Networking Opportunities.

True Masterminds are not to be confused with Networking however as relationships form over time and a deep understanding of each other’s business grows, opportunities to work together for genuine mutual benefit appear. After all why wouldn’t you want to work with someone who understands your business and has a real desire to see you succeed. It creates a WIN WIN scenario.

5. Increased Reach.

One of the simplest ways you can help each other in the group is by leveraging each others networks. Commenting on and sharing each other’s social content is a great place to start and instantly widens your audience. Personal introductions are another added benefit and may lead to unexpected opportunities.

6. Support.

We’ve all heard business can be lonely and it’s true, we often can’t speak to loved ones as they tell us what they think we want to hear. It’s not always prudent to discuss plans with colleagues or employees as they may be fearful of the result so who do we confide in about our hopes, dreams and problems? Asking advice from someone who hasn’t been through what you’re going through is also of limited value, for example if you wanted to learn about football would you ask Real Madrid or Louth United? The same is true in business, don’t be surprised if your non-business owner mate down the pub doesn’t give you a balanced view point. Your mastermind group can provide this level of understanding and support.

7. Planning & Strategy.

Having an awesome idea is great but without the right plan and strategy to make it come true, it's likely to always be..... just an idea. Through the group mastermind sessions you’ll have a chance to strategise and come up with a plan to turn your dream into your reality. 

8. Accountability.

Plans are awesome but pointless without action and remembering that imperfect action often beats perfect inaction isn’t always possible. This is where a mastermind group really kicks into high gear and in my opinion where much of the value resides. Knowing that you are accountable to someone other than yourself can ensure that you implement the necessary actions to move both your business and your personal life forward towards your stated goals.

For more information on our Mastermind programs private message me or comment below