Saturday, January 23, 2010

11 Tips for Successful Mastermind Groups

Smaller mastermind groups allow for more personal interactions and are less likely to cause conflict.

Don't focus meetings on any individual. Everyone should get equal attention each time you get together. This means its less of a problem if a member doesn't show up too much.

Have a cool down period after the bulk of masterminding is done. Go to a local restaurant or just starting blabbing on about random things.

If you don't look forward to a mastermind group you're doing it wrong.
A notebook is a handy tool to have with you even if you don't plan to write anything down.

You should feel 100% comfortable with the people you're masterminding with. Our mastermind group is made up of people I was at school with every day for 6 years. We'd even hang out at recess + lunch and just talk about this kind of stuff.

Bring your expertise to the table. I'm the guy that can make websites (and damn good ones at that). Work on making yourself useful to the group as a whole - it'll make you and other group members feel better.

Share your "secrets". If you don't trust your mastermind group enough to keep your secrets secret then you have a problem. Sharing your secrets signifies trust and will give everyone else the chance to help you.

Mix it up. Don't let meetings become monotonous. We get Thai food and that adds diversity. But we also randomly wandered around the beachfront whilst talking about business stuff. Little things like that make it even more fun.

Have a rough idea of what you want to talk about, but let ideas flow freely.

Try to hold meetings at a time where no one has any commitments for the rest of the day. This gives everyone the chance to share their thoughts and ideas.

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