March 2016

All posts from March 2016

What is a True Mastermind group?

by Indigo on March 21, 2016 , 2 comments

Have you considered joining a Mastermind group for your business? Are you in one now? What are your expectations for such a group?

Often people confuse the idea of a mastermind group with what is really group coaching. The main differentiator between the two is that in group coaching, communication is mainly between the group leader and each participant. There is less interaction between participants.

In contrast, the core idea behind a mastermind group is that by collaborating as a group, an “uber” mind will be created. The whole will be more than the sum of the parts.

To quote Napolean Hill, the person who first coined the term mastermind, a mastermind group involves “The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the spirit of harmony…. No two minds ever come together without thereby creating a third, invisible intangible force, which may be likened to a third mind.”

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IndigoWhat is a True Mastermind group?