Mastermind Your Way to Success

What do Mark Victor Hansen, Robert Allen, Anthony Robbins, Andrew Carnegie, Henry Ford, Thomas Edison and Ben Franklin have in common?

They all leverage the power of the mastermind team.

The mastermind works on the concept that two (or more) heads are better than one. When you gather a group of like-minded people and focus on one particular problem, a funny thing happens. Not only do you get intelligent feedback on blind spots you may not have noticed. But a truly phenomenal thing also happens with a mastermind group - the psychic aspect.

"The human mind is a form of energy, a part of it being spiritual in nature. When the minds of two people are coordinated in a SPIRIT OF HARMONY, the spiritual units of energy of each mind form an affinity, which constitutes the 'psychic' phase of the Master Mind." Excerpted from Think and Grow Rich

See, when a group is united in the same purpose, the number of ideas in the room balloon off of other people's ideas. I witnessed this personally last month at a networking meeting lead by Jim Bunch of Six Figure Practice. In groups of 6-8 we brainstormed how to raise $10,000 in three days. The ideas were mind boggling. As we got more and more excited, our ideas became more and more bold. One group said they weren't stopping at $10,000. They wanted to raise $1,000,000!

So how do you harness this kind of power for yourself? Masterminds are rather subjective in that you must do what works for YOU and your lifestyle ultimately. I have been in my mastermind for a year now and I couldn't be happier. My business has hit an all -time high. And I credit the habit of masterminding with the lion's share of my success. Here are some of the qualities that work for us.

• Keep the number small. My group is 4 people but we could comfortably increase to as many as 6.
• Meet regularly. We meet by phone once a week to go over successes and challenges. Plus we put one person on the hot seat for special focus. Then we also meet in person for an all day retreat a minimum of 3-4 times a year.
• Don't make anybody wrong. There is no such thing as a bad idea.
• As soon as you begin attacking the creativity of the mastermind, the ideas will shrivel up. Keep the brainstorm going and you'll be astounded at the new levels of insight you reach.
• Treat each meeting as if you paid $100,000 a year to be a member. A mastermind meeting isn't a coffee klatch. The only way it can truly be effective is if everyone takes it seriously and shows up ready to focus.
• Hold one another accountable. Got a goal? When do you expect to have that done by? Your mastermind team wants to know. There is great power in verbalizing your intention.

Make a wish list of people you would like to be in your mastermind. Write out the qualities you would like to see in the ideal candidates. Be specific.

A word of caution - be very picky about whom you choose to make this commitment with. You will likely be together for a long time. Make it a goal for this year to be a part of a mastermind team.

International copywriting trainer, author and speaker, Lorrie Morgan-Ferrero has been a freelance writer and journalist for over 25 years. Her words have made her clients hundreds of thousands of dollars. Now she focuses her vast experience on teaching others the skill of copywriting. Lorrie is the author of an award winning copywriting course, creator of the Red Hot Copywriting Bootcamp and founder of Copy Campus, a unique membership resource site designed to support copywriters and entrepreneurs on all levels. Visit her site to learn more at http://www.red-hot-copy.com.

---

Three Steps to Give Your Strategic Plan Traction

We all agree Strategic Planning is a critical part of... Read More

Memo: Sustaining Growth in Your Business

What gets measured gets done.How do you keep your business... Read More

Nine Succession Planning Mistakes Small Businesses Should Avoid

1. Attempt Succession Planning Without Other Strategic Plans. Succession plans... Read More

More Uses for Your Business Plan

You have invested a lot of time and energy on... Read More

Family and Friends Referrals Make the Best Franchisees

As a franchisor it is imperative that you seek, find... Read More

What Every Service Provider Ought To Know About Writing A Business Plan

It's easy to lose sight of what needs to be... Read More

Innovators Role at Hard Times

One Research Scientist at the Hewlett-Packard (HP) Imaging Systems laboratory... Read More

Top 10 Tips to Create A Business Plan! (For People Who Hate Business Plans)

One of the key challenges for any business is to... Read More

25 Ways To Find Companies To Buy

When you start your program to purchase your "ideal" company,... Read More

Business Process Methodologies

I've either been involved with or held a process-related role... Read More

Mobile Franchise Business Expansion Strategy

If you own a mobile franchise business and wish to... Read More

Innovate Today for Great Leaps Forward Tomorrow

How often does your company make a quantum leap forward?... Read More

Microsoft Great Plains in Agriculture ? implementation highlights

In this small article we'll concentrate on farmers associations and... Read More

Six Key Principles of Corporate Accountability

The foundation of any business transaction is the promise of... Read More

Six Key Areas For Evaluating A Strategic Alliance

Strategic alliances are increasing at a rapid rate. It is... Read More

Completing the Annual Planning Process

Imagine an office without a desk, or lights, a computer,... Read More

Have You Identified the Enemy?

One of the most powerful driving forces in human nature... Read More

Menu Driven Business Planning

A menu is the foundation of any restaurant; Guests will... Read More

10 Ways To Make Your Business Unique

1. Largest Selection -One way that you can make your... Read More

5 Strategies That Will Boost Your Business Productivity Today! - Part 2

Growing your own small business can be one of the... Read More

Urban Flight in Ohio

Many of Ohio's downtown areas are in need of upgrading... Read More

Scheduling of Additional Auto Detailing or Mobile Car Wash Units

If you own a mobile car wash business or auto... Read More

Home Improvement Construction Project Planning

The first task before hiring a contractor for home remodeling... Read More

Business Ideas: 3 Smart Ways To Generate Profitable Business Ideas Anytime

Creativity is one of the greatest tools for success in... Read More

Secrets Of Effective Brainstorming

Have you been in a "brainstorming" session where each person... Read More

Business Plan Financial Projections: Stop Worrying About Being Right...

Business plan financial projections seem daunting because they are so... Read More

Succession Planning for Business - 10 Key Points You Must Know

By cranking up others development to meet your business needs,... Read More

Attributes of Companies You Dont Want to Buy!

There are no "rules of thumb" in the pursuit of... Read More

Be Like Bill - Think!

Twice a year, Bill Gates goes to a remote island... Read More

Bounced Checks in Your Business Location Outlets

The new check cashing instant clearing will take some time... Read More

The Importance of Value Mix

( * - the word 'product' can be substituted to... Read More

2 Simple Steps Before Starting Your Business

There is so much small business information available today that... Read More

Defining Go for It Business Goals

Many business start-up kits or consultants will tell you one... Read More