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What is a Business Mastermind?

May 8, 2017 - Business, Business Tips

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Today I'm headed to New York City to join my mastermind group for three days of business strategy, growth plans, and marketing maps.  A year ago, I hadn't heard of the word “mastermind” so if you're anything like me, I want to explain what it is…and the insane benefits of being a part of one.

There are lots of fancy definitions of “mastermind” but I explained it to a friend as the following: group of people equally dedicated to each other's success by freely collaborating with ideas, with a specific purpose.

So how does it work?  The group is led by someone (shout out to James Wedmore for being my business guru!), who facilitates the group conversations and objectives.  My mastermind has a private Facebook group where we connect with each other daily for questions and support, we commit to a monthly strategy call, and we meet in person quarterly in various cities around the United States.

The biggest perks are…

  • the ability to talk about your business (and get honest feedback) in a space clear from judgment or expectations.
  • creating new ideas with peers.
  • growing a network of trusted allies.
  • having accountability for implementing your plans.

 

I spent the first 11 years without a mastermind, but I wish I could go back in time and change it.

I've learnt so much, grown by leaps, and forced myself to try new things…even when I was scared.  And it happened because I was supported as I built a plan, strategically executed, and asked for help when I needed it.

If you'd like to be a part of a mastermind, I encourage it.  Heavily.  Even if it means just asking four to six people to commit to each other and help, that's a solid start.

If you're interested, it can be as simple as:

  1. Inviting a select group of trusted peers to join you.
  2. Creating a private Facebook group (or email chain) for y'all to communicate as needed.
  3. Establishing online video chats on a monthly basis for specific topics.
  4. Setting the commitment (how long will the group last? are monthly meetings mandatory? is the group exclusive? etc.)
  5. Giving as much as you expect to receive.

 

I wish you all the best as you create magic in your business (and life) when you connect with people who are dedicated to helping you grow.

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FREE PRODUCTIVITY PLANNER

Life is about to get a whole lot easier.  

Desperate for change, I created a Productivity Planner to help streamline my workflow and I kissed stress goodbye. 

[With cherry flavored chapstick.]  

FREE INSTAGRAM GUIDE

Oh, friend, it's time to start growing your business on Instagram.
  
Sign up to receive a free Instagram marketing guide, helpful tips, and free stock photos you can use for your business.  

It’s basically an Instanote sent to your inbox to help push you toward your social goals and help grow your following.

FREE STOCK PHOTOS

You're busy, pulled in lots of directions, and trying to run a business. 

In addition to all this, you know you should be posting on social media, so how do you balance it all? 

I'm dedicated to your success, so download five free stock photos to use online...I hope this empowers you to attract dream customers along the way!

I wouldn’t say we were business nerds but my husband just sent me a Slack message asking me to call him.

If you need me, just follow the trail of empty La Croix cans around my house.

"Margaritas make me sound smarter, dance better, sound amazing, and look like Shakira...