Are you a mastermind?

My mother used to remind me of the saying, “two heads are better than one.” Several or many heads are even better. I have the opportunity to belong to three different “mastermind groups.” One meets quarterly and is industry specific, one meets bi-weekly online, and one grew out of four local chambers of commerce, and meets monthly.

Mastermind (or brain trust) groups bring a synergy of energy, commitment, and excitement. Getting together with other leaders gives you an opportunity to brainstorm with people who want to help each other achieve success.

Napoleon Hill wrote about mastermind groups way back in the early 1900s. His theory defined the mastermind principle as, “The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the spirit of harmony.” And, what goes around comes around, so while one works on helping others in a mastermind group, the others are helping to make things happen in return.

Dan Zadra, author and an authority on strategic communications, said, “Teamwork has its’ own arithmetic. Combine two or more people with a common goal and suddenly one-plus-one is more than two.” So, getting together, regularly, with a group of like-minded individuals offers one a set of “cheerleaders” that help with everything from how to market a new product to finding the path through a challenge.

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To me, masterminding is taking “power networking” to another level. It’s an opportunity to get to know people who know people. In his Little Black Book of Connections, Jeffrey Gitomer said, “All things being equal, people want to do business with their friends.” He goes on to say, “All things no quite so equal, people still want to do business with their friends.” Mastermind groups not only help with making friends and connections, they can also help with:

  • Providing access to products and services.
  • Creating links from people we know to people they want to know for a specific purpose.
  • Mutual sharing, serving, and supporting one another.
  • Information about possible risks and steps to take when considering a “leap of faith” in business.
  • Moral support when starting or expanding a business, or changing or upgrading a career path.
  • Brainstorming for new ideas. Creative juices flow when several “heads” get together to explore new ideas.

From business success to personal satisfaction, the benefits of masterminding can touch all areas of life.

I’m fortunate that I’m in mastermind groups with some powerfully smart and savvy business people. Being part of this kind of brain trust has given me the opportunity to watch (and imitate) success at work. If I could invite anyone in history into one of my groups it might include:

  • Vince Lombardi — what great coaching experience he would provide.
  • Oprah Winfrey because she’s wise, she knows everyone, she’s happy with her life, and she’s a giver.
  • And, of course, Napoleon Hill, who wrote the book.

Are you a mastermind?

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