With the rise in new business starts projected to be high and the number of six and seven-figure earnings on the rise, entrepreneurs must be able to develop and deliver value to the market at much faster pace.
Like it or not, there's no time to waste as more players enter the market.
But there is a powerful strategy that 's producing accelerated growth in business today: mastermind.
Here's seven observations for getting brilliant results from a mastermind group.
1.
Consistency.
Schedule meetings to occur at regular intervals such as monthly, bi-weekly, or any frequency that is convenient for the members.
To maintain uniformity use a meeting agenda.
This enables the group to follow a specific order.
It also provides the means to stay on task and manage time efficiently.
2.
Trust.
Forming a mastermind may take shape from relationships with people you already know.
However, when forming groups with new members it is important to build trust.
This can occur during regular meetings but works best when partnering up during a one-on-one.
3.
Diversity.
Bringing people together from different backgrounds, industries, and skills is an important component of the mastermind group.
The unique gifts, skills, and talents of the members facilitates creativity and effective results.
When forming your group, consider what types of individuals are a good fit and what types of experiences they can add to the team.
4.
Collaboration.
As everyone begins to understand each other's goals a natural fit between one or more members will take form.
This can lead to bartering within the group or forming temporary joint ventures to facilitate one another's goals.
Synergy can occur on a project-by-project basis or as it relates to specific needs in your business as a whole.
5.
Communication.
One way to maximize participation is to stay in constant contact with the group.
A few ways to do this is by creating an online community using Facebook, Yahoo, or other group services, where members can post questions and have others from the group respond.
Emailing group members is another option which, thanks to smart phones, often yields faster response.
6.
Clear Objectives.
There are many reasons for creating a mastermind group.
A good rule of thumb is to determine early on what your group is set up to accomplish.
If, for example, you are a forming a book writing group that will cover 30 days, establish the start and end dates so that everyone in the mastermind is clear.
7.
Utilize Strengths.
Forming a mastermind is a lot like the teams you create in school.
Each member has unique gifts, skills, and talents that adds value to the group.
What helps is compiling a members' list and include a summary of strengths next to each one.
This gives a snapshot of what each member brings and who to turn to for specific needs.
Like it or not, there's no time to waste as more players enter the market.
But there is a powerful strategy that 's producing accelerated growth in business today: mastermind.
Here's seven observations for getting brilliant results from a mastermind group.
1.
Consistency.
Schedule meetings to occur at regular intervals such as monthly, bi-weekly, or any frequency that is convenient for the members.
To maintain uniformity use a meeting agenda.
This enables the group to follow a specific order.
It also provides the means to stay on task and manage time efficiently.
2.
Trust.
Forming a mastermind may take shape from relationships with people you already know.
However, when forming groups with new members it is important to build trust.
This can occur during regular meetings but works best when partnering up during a one-on-one.
3.
Diversity.
Bringing people together from different backgrounds, industries, and skills is an important component of the mastermind group.
The unique gifts, skills, and talents of the members facilitates creativity and effective results.
When forming your group, consider what types of individuals are a good fit and what types of experiences they can add to the team.
4.
Collaboration.
As everyone begins to understand each other's goals a natural fit between one or more members will take form.
This can lead to bartering within the group or forming temporary joint ventures to facilitate one another's goals.
Synergy can occur on a project-by-project basis or as it relates to specific needs in your business as a whole.
5.
Communication.
One way to maximize participation is to stay in constant contact with the group.
A few ways to do this is by creating an online community using Facebook, Yahoo, or other group services, where members can post questions and have others from the group respond.
Emailing group members is another option which, thanks to smart phones, often yields faster response.
6.
Clear Objectives.
There are many reasons for creating a mastermind group.
A good rule of thumb is to determine early on what your group is set up to accomplish.
If, for example, you are a forming a book writing group that will cover 30 days, establish the start and end dates so that everyone in the mastermind is clear.
7.
Utilize Strengths.
Forming a mastermind is a lot like the teams you create in school.
Each member has unique gifts, skills, and talents that adds value to the group.
What helps is compiling a members' list and include a summary of strengths next to each one.
This gives a snapshot of what each member brings and who to turn to for specific needs.
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