How To Create A Mastermind Group And Surround Yourself With Success

A Mastermind Group has the power to change every area of your life.

For those of you who don't know, a Mastermind Group is a small, intimate group of like-minded people who are committed to pursuing and achieving a similar goal.

Who you surround yourself with is who you become. It is one of the most important decisions that you can make.

Your environment literally shapes your entire life. As the late great, Jim Rohn once said, “You are the average of the five people you spend the most time with.”

Are you ready to learn how you can create a Mastermind Group and surround yourself with success?

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Would you like me to show you how to create your own Mastermind Group of highly successful people? CLICK HERE for my FREE Mastermind cheatsheet!

Do you surround yourself with successful people?

Think about your close circle of friends. Do these people inspire you to achieve greatness or do they drag you down and leave you feeling unmotivated? If it's the latter, it's time to re-evaluate your friendships.

In his new book, Big Potential: How Transforming the Pursuit of Success Raises Our Achievement, Happiness, and Well-Being, happiness researcher Shawn Achor says that the people around us matter. He explains how any of us can create a “star system” of people who help us reach our potential in life. In his words, “The height of your potential is predicted by the people you surround yourself with.”

Make it a priority to surround yourself with people who hold you to a higher standard than you hold yourself. It's always uncomfortable being around others who are smarter than you. However, this is what will help you raise your game and level up your life. In my experience, the best to maximize your success is by being a part of a Mastermind Group.

The Mastermind Group concept was formally introduced by Napoleon Hill in his book, Think and Grow Rich. Hill described the Mastermind principle as, “The coordination of knowledge and effort between two or more people who work towards a definite purpose in a spirit of harmony.” A Mastermind Group is like having your own personal board of advisors. You may meet up with this group, either in-person or virtually, on a weekly, monthly, quarterly or yearly basis. The purpose of this meeting is to support and help one another reach your personal and professional goals.

For example, let's say that you are trying to build an online business.

You will probably find that this is a hard thing to do on your own. By being a part of a Mastermind Group, you can share and leverage one another's experiences. If there are ten people in a group who are on the same path as you are, all of a sudden you get access to ten different skillsets. Group members may notice things in yourself that you may not even be aware of.

In your meetings, you can share challenges, insights, and ask for feedback on how you can reach the next level in your development. How valuable is that? In a Mastermind Group session, there is something called a mastermind hot seat. This is where you get 20 minutes to be in the spotlight and present your challenge, goal or a question that you have to the group members. The job of the group members is to give you all of their time, attention, focus and expertise. Your job is to merely listen, take notes, and be open to receiving their feedback.

A Mastermind Group has changed my life in so many ways. I'm a part of several different groups comprised of high-level, like-minded entrepreneurs. A path-breaking new study on how we seek similarity in relationships upends the idea that “opposites attract.” Instead, it suggests that we’re drawn to people who are like-minded. The networks and relationships that I've been able to build from the groups that I am a part of have accelerated my business growth dramatically.

If you have expertise in a given area, you can make a profit from your masterminding efforts.

For example, Tatiana and I facilitate two mastermind events per year called, The Online Business Mastery Mastermind. This is for business owners who want to build their businesses and receive mentorship from both of us. This group meets once a week and receives the accountability that they need in order to continue making progress on their goals. It's one of my favorite things to do. I get to work with my best clients and create long-lasting friendships with them. I've actually ended up hiring and working with some of my clients through a Mastermind Group.

If you are an influencer, coach, speaker or author, that means that you have followers who would pay you money for your expertise. You can build a profitable business doing this. People will pay more money for in-person experiences than they will for YouTube videos or courses. People want to be a part of networks like this. 

If you don't have an area of expertise, you can still turn a Mastermind Group into a business by acting as a facilitator. Reach out to influencers, coaches, speakers or authors and ask them if they have a Mastermind Group. If they don't, organize one for them! You would handle all of the logistics and organize the Mastermind Group for an expert in a specific niche. You and the expert would work out a revenue split, based on the value that you provide. 

Lastly, you could join a Mastermind Group just for the sake of reaping the benefits.

For example, let's say that you want to build a personal training business. You could find other personal trainers that have already encountered the same challenges that you may be going through and create a Mastermind Group with them. It's easier than ever before to create a group like this. The Internet has provided such an easy way for us to connect with one other.

Join Facebook groups, find people on YouTube or on Instagram and reach out to them. Tell them that you're putting together a group of ten other personal trainers and that the purpose of this group will be to help each other build your businesses. A lot of personal trainers would love this idea! Being in a group of like-minded people who are moving towards the same goal is invaluable. 

Make it a priority to surround yourself with success.

The most successful people surround themselves with successful people. It's that simple. Create an empowering environment to support your goals and long-term vision. Creating a Mastermind Group is one of the most powerful ways that you can to accelerate your success in life. Are you ready to start masterminding?

Would you like me to show you how to create your own Mastermind Group of highly successful people? CLICK HERE for my FREE Mastermind cheatsheet!