A mastermind group is a fantastic tool for success and creates a group of like minded people that support each other. The group becomes a sounding board for ideas and acts as a personal advisory board.
An ideal number of people to start a mastermind group is 10-12. Invariably, a few flake out and don’t commit the time and usually its because they don’t want to get out of their comfort zone. Also, over time, people move or leave town.
Mastermind groups work best when done at the same place and same time every week. People are creatures of habit and when they get in the habit of showing up at the same time, it works best.
A great location to hold a meeting is free from distractions. Attempt to have it in a place where kids are not playing and have people turn their cell phones off and focus on mastermind group. We have had great success using library meeting rooms and peoples homes that don’t have kids.
The first meeting should give an overview of what the process is all about. Your mastermind group should have rules to be followed, such as, no cell phones, must be on time and must show up.
A great way to teach basic success principals is to study Think and Grow Rich by Napoleon Hill. Hill’s classic book teaches many valuable lessons such as desire, faith, auto suggestion and many more. This timeless classic will get the group fired up and ready to rock.
The time the meeting should last should be at least an hour and not to exceed 1 1/2 hours. Prevent one person from doing all the talking and keep the conversation moving using everyone at the meeting for different ideas.
People should be focusing on how they can give to the other members of the mastermind group. If everyone is in a givers mentality, each person will have 10-12 people giving to them on a weekly basis. It is extremely powerful.
About the Author
Lanny Morton was trained by Bob Proctor to operate Mastermind Groups. He was seen in entrepreuner magazines, television and print. Sign up free to begin a Mastermind Group in your city.
http://business.mylucena.com/essential-elements-of-a-very-powerful-mastermind-group.html
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