Over the last few years, we’ve been asked HUNDREDS of questions regarding the significant and sustainable growth of both business and business owner.
Here, we’ve tried to catalogue as many of those questions as possible, as we believe that for everyone that has asked, there must be at least a dozen more than have thought, but not asked, and many more who haven’t even yet stopped to think!
Mastermind Questions (7)
If this is the first question, you may well not really be ready to join a Mastermind. You see, Mastermind is NOT a cost, but an investment.
I promise, I’ll answer your question, however, for one minute, just imagine your business 1 year from now, having had the help, guidance, support, encouragement, and accountability provided by a dedicated team of ‘non-exec’s within your business.
A team as dedicated as you to the significant and sustainable growth of both you and your business, who have committed to helping you achieve bigger goals than you have ever previously considered. And, who have a proven record of delivering on their promises!
Now consider how much you may have to invest for this level of engagement. To advertise, interview, recruit, train, salary, provide the perks and benefits (holidays, car, phone, laptop, memberships etc) associated with a role of such importance.
In this sense, to achieve this WITHIN your business is likely to be a sizeable 6 figure investment right?
In which case the investment of a Mastermind is a FRACTION of what it might otherwise cost to benefit from this level of help and support!
Whilst there are some Business Mastermind groups that charge hundreds of thousands of dollars to join, and many others that charge multiples of tens of thousands of dollars entry.
As My TrueNORTH is recognised as the UK’s leading Ethical Coaching Company, we have carefully considered the level of investment required to join our #ADDAZERO Explorer Mastermind. Too much and it only attracts those already doing exceptionally well. Too little and it attracts Tire kickers who want to claim to being a member, but not willing to do the work! Our Explorer is therefore priced around the cost of a P/T member of staff.
A mastermind group is designed to help you navigate through challenges using the collective intelligence of others.
How does a mastermind work? A group of smart people meet frequently, to openly discuss and tackle challenges and problems together.
Often chaired by a facilitator, these are often the BREAK THROUGH for many business owners.
A mastermind group is a peer-to-peer mentoring concept used to help members solve their problems with input and advice from both the Mastermind facilitator and the other group members.
The concept was coined in 1925 by author Napoleon Hill in his book The Law of Success, and described in more detail in his 1937 book, Think and Grow Rich. Mastermind was also discussed widely by Einstein and developed further by Carnegie.
A mastermind group helps you and your mastermind group members achieve success. Mastermind group facilitators start and run groups. They help the group to dive deeply into discussions, and work with members to create success — as each member defines it.
The facilitator often has wide reaching knowledge and experience, and able to motivate, inspire, inform and hold to account each Mastermind member.
The intention of a Mastermind Group is that peers can help each other solving problems and developing themselves together through input and advice from each other and the Mastermind Chair. The core value of a Mastermind Group is the synergy of energy, motivation, and commitment as well as the willingness to learn and grow together and the commitments you make, to which your colleagues subsequently hold you to account.
A business mastermind is a group of business owners, who understand and accept the concept (originally conceived by Napoleon Hill in 1925, and referenced by Carnegie and Einstein) that you will ALWAYS achieve more by collaborative thinking than individually. You will meet regularly and ‘mastermind‘ through the various elements of business to benefit each other and you’re businesses. Ideally you’ll have between 5 and 12 people in the group.
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