Friday, November 21, 2014

Introduction to a MasterMind Group

In his book, Think and Grow Rich, Napoleon Hill describes MasterMind groups as one of the main catalysts to growing rich. Some of you may have already heard of these helpful groups, but for those who haven't, here is what you are missing.A MasterMind group is essentially a meeting between a group of individuals who work in the same field, during this meeting, what these people do is discuss, brainstorm, and solve any existing or potential problems that any member of the group might be facing. So to put is simply, a MasterMind group is a sort of advisory board for every member of the group.This notion of a MasterMind group isn't a new concept, it has existed throughout the ages, King Arthur had one called the "Knights of the Round Table", Franklin Roosevelt had his "Brain Trust", and Benjamin Franklin even had the "Junto". All these groups helped those we know (Arthur, Franklin, and Ben) become successful in their corporate life.These groups aren't exclusive groups for the extremely smart or rich. Anyone with a strong vision or goals can create successful MasterMind groups. You just have to be able to find people working around you that want to succeed to and start meeting with them and setting up solutions to your problems.


What qualifications are useful in a MasterMind group? Above all, you need to be able to participle and insert your own opinion and thoughts on any subject, since the MM group works on a give and take basis, you need to be able to give advice and input before taking some for your own needs. At least one person in the group should be able to organize and direct the meetings so that they are performed in an orderly and beneficial way. Other than that, the only thing that would greatly help the group is if everyone in the group is in the same sector of work.Why should you join such a group? First of all, you won't feel like you are working alone, but you'll be part of a community who are there to help advise you. Second your social network will extend greatly through the new members of your group. This extension can give your business further opportunities. Finally, it will help you learn from others to understand new concepts and, most importantly, to think bigger.So MasterMind groups are simple and can be started by virtually everyone who wants to succeed in their corporate life. All you need to do is to be motivated enough to band together at least 4 people with a similar vision to yours.

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