Master Mind Groups





It’s been a tough few weeks, and although it seems that progress seems slow despite my best efforts to expedite it, I have to keep reminding myself that – no matter how many mistakes we make, or how slow our progress is, we’re still way ahead of everyone who isn’t trying.

Where my startup concept is concerned, I’ve done up rough prototypes and am doing my best to push out beyond the ideation phase and to securing more help to make my idea a reality.

They say that a man is the sum of his closest friends he keeps – and if I want to make my startup dreams come to fruition, I know I need to build a close, strong network of likeminded people who can support each other to succeed. Many books have talked about creating what they call a “Master Mind” – a group that harmoniously acts together to achieve higher purposes.

Master Mind Groups!

Master Mind Groups!

 

 

What is a Master Mind?

The concept of a Mastermind group was probably first mentioned in Napoleon Hill’s  seminal work, “Think Rich and Grow Rich”. In it, Napoleon Hill describes such a group as:

“The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the spirit of harmony.”

Master Mind groups have been formed for a wide variety of purposes – from goals as small as improvement in public speaking and fitness, to as large as building the largest corporations in the world.

And you know what? I’m set on creating a powerful Master Mind that can help me achieve my  business goals.

 

What makes a successful Master Mind?

In the book, Hill provides some guidelines on what makes a successful Master Mind group:

1. To have members with a diverse skill set

A group of members with a diverse and complementary skill set definitely helps improve the effectiveness of the group as such a group can leverage on the varied experiences of the different members and together, solve problems in ways that one person cannot alone.

2. To have members that are committed and competent at what they do

A member to your group would only drag the others down if they are not committed and competent at what they do. Hill advises not to choose someone to join the group just because he’s your friend, do so because a person can truly contribute.

3. That members can work with a spirit of harmony with the others

Now Hill stresses this point as one that is extremely important as it would only do the Master Mind group harm to have someone who’s always pulling the others down, disrupting discussions and generally bringing in negativity in the group when we really should be aiming for a complete meeting of the minds, without any reservations. Should the team members all be in harmony with each other, brainstorming will be even more natural and ideas would flow much faster, making the solving of key problems happen much faster.

4. That every member possesses a clear positive benefit from the alliance

This world is one that is full of abundance and I always believe that there is more than enough awesome in this world to be passed around to all! Make sure you reward your Master Mind group fairly, and they will take care of you! If the Master Mind group does not reward them financially, emotionally and growth-wise, it’s just a matter of time that competent members start leaving. Reward you group well.

So how do I start my own Master Mind?

After going through the material both from Think Rick And Grow Rich as well as other sources online, I realized that it’s really not difficult to set up your own Master Mind group that will serve a key support function in your ventures! Just find a few key members whom can contribute, can harmoniously with each other, and which can benefit from working with each other.

Once you got that settled, do set up a clear schedule to meet up, probably once every two weeks to solve common problems and to keep each other accountable to agreed upon tasks that you have set during the previous meetings.

I’ve already created a small Master Mind group that is already patiently nurturing the seed of my latest business venture, but am still looking for a few more key partners to this alliance, so do ask me about Master Mind groups should you meet me in person!

 

Master Mind for Entrepreneurs in Singapore!

I’m also on the look out for creating a Master Mind group in Singapore for budding entrepreneurs – so that we can all support and help each other reach greater heights – so also do let me know if you’re interested! I intend to start up a committed group real soon so let me know asap in the comments section below or via email at kevin@kevinc.net. I’ll probably want to meet up with you and see if you can jell with the rest of the group!

Alright, enough about this wonderful new concept for now! Hope to hear from you fellow aspiring entrepreneurs out there! May we all help each other reach greater heights!

 

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