Back in the 1930’s Napoleon Hill wrote about the power of mastermind groups in his epic book Think and Grow Rich.
DEFINITION: A mastermind group is simply a meeting of highly motivated folks who share a common goal and are looking to encourage and help each other improve.
Synergistic thinking via mastermind groups was one of the laws of success that Hill learned studying successful Americans including Henry Ford, Thomas Edison, Alexander Graham Bell, Theodore Roosevelt, John D. Rockefeller, and Charles Schwab. Modern entrepreneurs still leverage these laws of success which have been written about by Forbes, Huffington Post and Entrepreneur.
Top 7 Benefits of a Professional Mastermind
#1. Gain Fresh Perspective
When we are to close to our own projects and work we can lose fresh perspective. Getting others perspectives on your goals and insights on how to overcome the challenges you face can be extremely valuable.
Wouldn’t you want to with an awesome team if you were playing in the Super Bowl? Having the collaboration and collective knowledge of multiple people with different skill sets and resources is very powerful. Even if you already work with good teammates, adding more talent to your arsenal increases your chances of success.
Let’s face it. Most people have great intentions but with life’s many distractions we can get easily off course if we don’t have any accountability. Mastermind members hold each other accountable for making progress and reaching their goals.
#4. Enhancing Your Network
Good mastermind groups tend to attract motivated, driven people with the attitude and commitment to succeed. The members typically tend to connect with like-minded people. By connecting with a new thought leader you can extend your network vastly.
#5. Bolder Vision
Masterminds can bring out a positive competitive spirit within it’s members. When a member of the group thinks bigger or achieves new levels of success, this can inspire and motivate the members to think bolder and take bigger action.
Members can help to spread the message of their fellow members by leveraging their network and credibility. In the right group this can produce amazing results.
#7. Synergistic Thinking
Synergistic thinking is when ideas are bounced around between members and new thoughts or ideas are hatched that that could not have achieved without the collaborative effort of the group. It is extremely powerful and how some of the best ideas have ever been cultivated.
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