Words of Wisdom


Saturday, May 16, 2009

Develop a Mastermind Group – Your Personal Advisory Board

Napoleon Hill defines a mastermind group as the “coordination of knowledge and effort, in a spirit of harmony between two or more people, for the attainment of a definite purpose.” If “two heads are better than one,” when you have an entire team, you have an exponential magic. “Economic advantages may be created by any person who surrounds themselves with the advice, counsel, and personal cooperation of a group who are willing to lend him or her wholehearted aid in a spirit of harmony. Many people have similar interests or skills that can help you and who can be helped by your expertise. Members of a mastermind group bring together their varied backgrounds, information, and contacts for one specific reason: to help each group member achieve his or her goals.

A mastermind group provides a great opportunity to allow your inner circle to benefit others. Each of you has a contacts and knowledge that can be of value to a variety of people whether he or she works for a nonprofit organization or is an executive with a Fortune 500 company.

Finally, don’t underestimate who and what you know. Always look for ways you can offer help first. Build a reputation for being a “giver.” Brainstorm how your expertise or contacts can help others. Be the first to give. You’ll derive personal satisfaction in helping others. If you focus on giving and being of service to others, people will want to give back to you!

Identify three areas where you require support. Identify one person this week that could provide support in one of those areas and invite that person to join your mastermind group. Brainstorm with that person about how you could help each other achieve your respective goals. Discuss possible future members for the mastermind group, existing contacts, and resources you might each have that would help one another.

When it comes to teamwork, the math you learned in school doesn’t apply. One plus one equals far more than two. And one plus any other number can equal unstoppable results.

Be a member of the Mastermind Group

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