My Millionaire Mind Business Strategies: Be Part of a MasterMind Group
posted in Money Blueprint, Strategic Planning |
Master Mind Groups
I had the opportunity to spend some time with Chris Sherrod, our very own Prosperity Guy, a few months ago. When I asked him how he maintained his creative productivity while successfully managing several business ventures, he credited the support he receives from the members of his Master Mind groups. He belongs to several. Chris strongly suggested anyone who is serious about growing creative projects into real business ventures find or start a Master Mind group.
Chris has joined existing Master Mind Groups and has founded a few. Chris is very clear about how much his mastermind groups had helped with his very popular Prosperity Game Book.
When I asked Chris how to find participants for a Master Mind group he had several suggestions.
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1) State your purpose for the Master Mind Group, and your intention of finding people who can give and receive support. Writing these intentions and reading them regularly can help to focus your energy around that intention.
2) Attend conferences, seminars and workshops in your field of interest. Make a point of speaking to the other attendees. In these conversations you can determine if the person has a compatible energy level and an interest in personal and professional development through a Master Mind Group.
3) If you don’t have the time to really talk to each other during the seminar, exchange cards and set a date for a coffee meeting. Expanding your businesses means expanding your personal and professional networks, so even if the person turns out not to be interested in the Mastermind Group, adding another like-minded person to your network is always worth while.
4) Don’t be limited by location. One of Chris’ Master Mind groups has members from all over the country. They meet by phone once a month and stay in touch via email.
Chris strongly recommended Joe Vitale’s book, Meet and Grow Rich, as a guide to optimize the Master Mind dynamic, and of course, Think and Grow Rich, by Napoleon Hill. He suggested reading both before either starting or joining a Master Mind group.
In Meet and Grow Rich, Chapter: 15, The Truth About Master Minds; Joe Vitale quotes Napoleon Hill’s definition of a MasterMind group: “…an alliance of two or more minds working in perfect harmony for the attainment of a definite objective.”
Joe does so, to illustrate the two types of MasterMind groups. The type Hill described, is a MasterMind group in which all the members are focused on the attainment of the same objective. The industrial giants featured in Think and Grow Rich had such groups, consisting of their management teams, and experts with specialized knowledge they needed.
“In this type of Master Mind group, the originator of the group, the driving force behind the goal, gathers together a group of people who have the knowledge, expertise and connections he or she lacks. A Master Mind group is a practical way for you to appropriate and use the experience, training, education, specialized knowledge, and native intelligence of other people, as completely as if it were your own.”
“The second kind of MasterMind group is where people with many different goals come together to support each other in the achievement of their goals. Although the people in this kind of group are not totally focused on your project all the time, they help you brainstorm and strategize and introduce you to other people and resources that might help you do the same for them.”
If you are serious about using the power of a Mastermind group, read Meet and Grow Rich. For sheer inspiration read Think and Grow Rich… again and again.
Chris had one last word of advice about finding Mastermind partners, “Ask!”
“Never assume that someone is too successful to spare you the hour or two a month. Never under estimate your value and what you can contribute to another.”
Did we mention that Chris Sherrod has a Millionaire Mind!
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