How Mastermind Groups Can Help You Improve Your Business & Body
Napoleon Hill in his famous book “Think and Grow Rich” defined masterminds as the following:
“The “Master Mind” may be defined as: “Coordination of knowledge and effort, in a spirit of harmony, between two or more people, for the attainment of a definite purpose.”
This book was written over 75 years ago however the use of a mastermind to improve business or personal outcomes is more popular than ever!
And for good reason!
I am personally part of 3 different entrepreneurial masterminds and I can honestly say that being part of these groups has been instrumental in helping my business grow as fast as it has.
Actually you wouldn’t be reading this email if it weren’t for Giovanni’s Archangels Academy in LA, where I created the concept and poured into it! It’s brought in over a million in revenue and has been worth every penny.
Therefore I wanted to share with the exactly what a mastermind is and the power of being part of one to boost your business, improve your body or help you meet any other goal you are working towards achieving.
In a future article, I will show you the DNA of how to conduct your own successful mastermind. So stay tuned.
So What Is A Mastermind?
A mastermind is a group of likeminded people coming together with similar goals. The goals can be business related or of a more personal nature but the group aims to help all members meet their own goals by providing accountability, advice and support.
A mastermind can be a one off event or a regular meetings where each member tackles challenges and problems together and brainstorms ideas and ways forward. They might also share connections or do business together and so many of the most successful entrepreneurs in the world have been part of a mastermind groups. From Henry Ford to Bill Gates.
I don’t just go to the mastermind meetings, I meet with people over skype through getting to know them at a live event or a facebook group.
How A Mastermind May Improve Your Business
“You are the average of the 5 people you spend the most time with” – Jim Rohn
Your environment and who you spend time with can have such a profound affect on your business and your life and a mastermind is a way of surrounding yourself with likeminded people who are all invested in helping you succeed. Some of the most successful entrepreneurs in the world were all part of mastermind groups and attributed them to helping to speed up their success. So what are some of the main ways a mastermind can help your business:
Advise & Community
Masterminds are awesome for building a success community around you and for having people to ask advice and brainstorm ideas with. Try to look for a mastermind where members are at the same level as you or are where you want to be yourself. It’s also a great place to learn new information or new ways of thinking or about new tools that others are implementing that could really help your business.
I actually got a scholarship to be a part of a $5000.00 event for my first mastermind a few years ago. That was Archangels Academy, and the people in that room helped elevate my game exponentially.
Masterminds can also be a really awesome place to meet potential joint venture parties or other entrepreneurs who you may want to collaborate with on a joint project. It’s a great way to get exposure to new ideas and opportunities you may not have ordinarily been exposed to.
I was on the phone with guy who runs several online businesses out in California. He told me that he met up with another guy in the “private men only” mastermind I’m a part of, which will most likely be a $50,000,000.00 partnership. Yes, that’s 50 million dollars. Things like this happen all the time.
A mastermind also broadens your network as mastermind members may recommend your services to their network or know of a partner or service that may be beneficial to your business. It’s a great way to build a solid relationship with a new network of other successful entrepreneurs.
After one mastermind, I brought in $117,000.00 the month after, simply by knowing the right people.
Thinking big for your business is so much easier in a group than alone. Sharing ideas and really expanding your vision for the future of your business is easier with a supportive group of like-minded entrepreneurs.
You want to look for masterminds that live in the “world of abundance” versus the world of scarcity. No dream, should be too big for the minds of the people in the group. Rather, if there are kinks in the vision, you give feedforward to help move the person in a more productive direction.
One of the other awesome benefits of being part of a community of other entrepreneurs is accountability. It has been shown that you are much more likely to meet your goals if you tell someone about them. Sharing your goals and working through strategies to meet them with your mastermind group gives you a much higher chance of actually achieving them.
I use a softwear called irunurun to track my habits and goals. What’s awesome about irunurun is that you can create a team and see how other people are doing with their goals throughout the week. It gamifies the approach to creating massive growth in your life. But the only way it will work is if you keep eachother accountable each week and that there is a culture of accountability within a group or mastermind.
But mastermind groups aren’t only for business goals. They can totally help you smash your health and fitness goals or any other personal goal you are working to achieve.
How A Mastermind Can Help You Get The Body You Want
Did you know that a study published in the New England Journal of Medicine showed that one of the biggest predictors of obesity were if you had friends that were obese. The study followed over 12,000 people over 32 years and showed that a person with obese friends increased their chances of being obese by 57 percent!
The opposite was also shown to be true however, that if you wanted to lose weight or get fit, one of the best things you could do was surround yourself with either fit people or others that were also working towards improving their health. Hence why a mastermind for your health can be so beneficial.
This can include a few friends who get together to work out or share healthy recipes and ideas. Or it can be an organized mastermind or community of likeminded people working towards improving their health like our High Performance University.
To find out more about our High Performance University and how it can help you improve the performance of your brain, body and business click HERE.
So how do you start or join mastermind groups today?
There are a number of options to start or join a mastermind to help you catapult towards your goals.
- Start your own – Find a number of people who you think may be a good addition to your mastermind and just ask! You would be surprised at how open people may be to the idea. Just make sure you communicate what type of people you are looking for in your mastermind and get started.
- Join an existing mastermind – Ask around within colleagues and connections you already have and see if anyone is already part of a mastermind that may be open to new members. Look online or reach out on social media for connections that may lead to an invite into an existing mastermind.
- Join part of a paid mastermind or community – As the value of masterminds becomes more mainstream there are many paid mastermind and community options that you may want to look into. These include one or two day events or a regular membership of a group or community of people. These may be online or offline depending on what you think would be most beneficial to your business and your lifestyle. Our High Performance University is an online option for people wishing to meet likeminded people and have access to cutting edge strategies already implemented by successful entrepreneurs. Find out how you can join HERE.
Want to learn more body hacks for busy people that can help you burn fat, increase energy & skyrocket your productivity? We have put together a super easy resource for you to get all our best strategies so you can maximise your health and performance!
Click the link below to get immediate access.