But when you want to shake things up a bit, here are seven ways to kick your mastermind group meetings into high gear: Launch a 30 day challenge – a big benefit of mastermind groups is the accountability factor. In a mastermind group (also known as a peer advisory board), the agenda belongs to the group, and each person’s participation is key. Having a stable, predictable mastermind group agenda creates trust and communication. You don’t start a car journey without a destination or a map and you can’t run a successful mastermind group without an agenda or desired outcome. The whole group all need some input and support to ensure that they gain maximum value. Your mastermind agenda also ensures maximum efficiency and time management. Mastermind Group Agenda There is no one way to run a mastermind group. As soon as you begin forming your mastermind group, it’s critical to … The first place I came across the concept of a mastermind was in Napoleon Hill’s Think and Grow Rich. Set Ground Rules Immediately. The foreign entrepreneurial peer group in the Philippines is a small one. Pick your topic. Your peers give you feedback, help you brainstorm new possibilities, and set up accountability structures that keep you focused and on track. Whether business-related or personal, broad or narrow in scope, you’ll want to … I talk more about this in a fut… The following is an example of the “Hot Seat Method” I learned from entrepreneur Pat Flynn: In it, Hill describes a mastermind group as: The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the spirit of harmony. In a mastermind group, the agenda belongs to the group and each person’s participation and commitment is crucial. And in the fact that we were wanting to limit inclusion in the group to only people that have their own business up and running already, and to those that are also very involved in the online space – this is due to the type of conversation we wanted to achieve – which focused heavily on marketing– and the numbers drop even further. Your mastermind partners give you feedback, help you brainstorm new possibilities, and set up accountability structures that keep you focused and on track. However, it is important to have a structure, to ensure that everyone’s time is respected and the group achieves its purpose of growth for its members.

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