Friday, December 23, 2011

Ask Your MasterMind Group...

What could you sell that has a HIGHER profit margin, to a BIGGER customer?

I asked a guy in my MasterMind that question today.

What I will ask him next is: what can we sell that will improve the lives of millions?

How can we do this better, faster and cheaper than the competition?

MJ DeMarco says, "to make millions, impact millions."

It Doesn't Matter Where You are Coming from, All that Matters is Where You are Going

True, it matters who is in your MasterMind.  A person with connections, money, skills, wisdom and resources matters a lot.

But obviously, such a person probably was not born with connections, money, skills, wisdom and resources.  Most people built their empires themselves.  Many with a small inner circle.

If you and your MasterMind are frustrated with recruiting, one idea is to recruit (and become) the type of person who will reach the million dollar mark, retire early, etc.

This means to use your time wisely.  There are:
- skills you can learn.
- books you can read.
- people you can meet.
- books and articles you can write
- there is keyword research to do.
- and more.

Find the best people you can.  Talk to the person who makes hay while the sun shines.
Talk to the person who has realistic goals he/she is working on and not wasting time or breaking the law.

Avoid the person who listens to and obeys the "they".  Screw "they."  "They" suck.  We are after individuals.

When I was an undergrad, all the spurious wishy washie guys all tried to attach themselves to people with money and influence.  Usually these scam artists advised people to sell a product that another business needs.  I think it is a little different these days with widespread unemployment, the shift to technology, and foreign competition.

I don't want my fate to be tied to one other business.  That, to me, is very risky.  Businesses, even huge ones, do not want to make you rich.  If your product is hot, there is the chance you could sell your business.

Recruit individuals to your MasterMind. Not sheeple. 

Hold each other accountable to your goals.
Don't waste time.

Friday, December 16, 2011

A Salt of the Earth Christian Teacher Taught Her Class...

..."Build each other up.  No put downs."

That was our mantra.  It works and this applies to MasterMind groups today.

Friday, December 2, 2011

Alex Cheong - 7 Ways to use Your Master Mind to get Ahead

Are you feeling lethargic managing your business? Or perhaps you know that you need to do something in order to drive your business up and on, but do not know where and how to start? Is all that you can see ahead of you a dark, gloomy and never-seem-to-be-ending road?



Well your worries are over! We shall discuss the top 7 ways which you can actually utilize to move ahead with your Mastermind group through collaboration with like-minded people and be that one step closer towards realizing your objectives!



Here is a summary of the top 7 ways.



1. Clarity of your Mastermind group's objective.



2. Be positive and encouraging.



3. Setting up an accountability structure.



4. Building trust and privacy.



5. Asking and receiving help.



6. Brainstorm to get an influx of great ideas.



7. Contribute to receive more.



Clarity of your Mastermind group's objective. Make it a point to go through in your mind the very objective for the existence of this Mastermind group, and note it down. Your objective serves to concentrate the mind and the focus of your group right. With that the results will follow, otherwise your group could be languishing in mediocrity and not progressing.



Be positive and encouraging. This is done by...the words you use which effectively set the tone for the whole Mastermind meeting. Be positive and encouraging and at the same time show your Mastermind members that you care. While we are ruling out outright flattery here, complimentary words as well as gestures to show the appreciation that you have for your group members will not go unnoticed and will go a long way towards ensuring a harmonious and united mastermind group.



Setting up an accountability structure. Having a system in place is vital to ensuring your group does not stagnate. Many a times the full potential of a Mastermind group is not able to be harnessed due to the small matter of accountability. During the mastermind meeting itself, ideas abound and many suggestions are made but who is to ensure who does what? The person offering the idea might not be willing to get down to sorting out the nitty-gritty of the issue at hand, and responsibilities start to be pushed among members. This causes friction and over the long hauls results in tension brewing among members which will certainly not aid your cause. Hence, have a structure in place to ensure no one shirks responsibility and everyone does his/her part.



Building trust and privacy. The basic ingredient needed for any successful Mastermind group is for members to trust one another. And how do we foster trust within the group, whose members may hail from a diversity of backgrounds? Well, we aim to build lasting relationships over the long run. To do this, there must be complete honesty and absolute clarity in communication among members. This sets the foundation for the group to be taken to a whole new level in terms of the intangible factor that is trust. Oh, and always be prepared to listen to what others have to say, no matter how trivial or seemingly irrelevant that opinion may be. Everyone wants to be heard.



Asking and receiving help. As you work on that, do not forget that you are here in a Mastermind group not only to give but to receive as well. Share any problems that you might have come across since the end of the last meeting as well as any help you would like to receive. Do not be afraid to ask. There is no harm in asking. Failure only occurs when people keep their problems inside of them and do not request for help. Once you have established some form of rapport or other with your group members, you will find that they are more than willing to lend a helping hand.



Brainstorm to get an influx of great ideas. Once you have mustered up the courage to ask for help, expect to have lots of ideas and suggestions from your group members to work with. There will be ideas being bandied about and this is where the real brainstorming starts. Do not judge any suggestion offered by your group members by brandishing them as "impractical" or "not workable". Simply jot all the ideas down and you will soon find that you have a stack of ideas to work with. You can then slowly discard those you feel are not feasible. In this way, there is a higher chance of you solving your problem, when you learn to become less judgmental.



Give before you receive. Everyone has his/her own purpose in joining a Mastermind group. Think about it this way, should everyone give right from the start, then everyone would be receiving in one way or other right? It does not matter who gives first. As long as you are willing to give, you will definitely receive. Translated into reality, this theory can be construed as follows: Should you be willing to help your group members by going the extra mile to ensure that their needs are met, you can be assured that when the time comes to doing the honors for you, your group members will put in the same amount, if not even more effort for you.



Above are the top 7 ways for you to use your Mastermind group to move ahead. If you find that the progress of your group is mired in mediocrity and would like to improve its fortunes, would you like to take on this challenge and use the tips above to inspire your group to scale greater heights and achieve even more success than never before? The choice is yours.



About the Author



Joel Chue and Alex Cheong



Expert Authors in the topic Mastermind groups



How Can Ordinary People Leverage a Mastermind Group System to Produce Extraordinary Results Over and Over Again?



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Copyrights © 2006



Alex Cheong @ http://www.mastermind-your-way-to-success.com



Mastermind Group Hub



The contents of this article may be copied, reproduced, or freely distributed for all nonprofit purposes without the consent of the author as long as the author's name, copyright notice and contact information are included.



Alex Cheong is an expert author of the Mastermind Group Series articles.



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Thursday, December 1, 2011

MasterMind Quote

"There is Victory in a Multitude of Councillors." - King Solomon...

The most successful people have the greatest team of advisors, councillors, and allies.