The Power of the Mastermind An Essential Ingredient for Success

Napoleon Hill introduced the world to the concept of the Mastermind in is classic book, Think & Grow Rich.

In it he explains the Mastermind as... "The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the spirit of harmony."

He continues ... "No two minds ever come together without thereby creating a third, invisible intangible force, which may be likened to a third mind [the master mind]."A Mastermind is a group of like-minded individuals who share common interest. They are willing to meet with each other on a regular basis and assist in supporting and holding each other accountable for reaching their goals. The key to the success of the mastermind group is the fact that it consists of between 5-6 like-minded people who get to know each other on a regular basis, preferably weekly.

By meeting weekly it allows the group to get to know each other more quickly and to develop trust for each other. Once this trust starts to blossom and develop, the group begins to really gel and to share all of their hopes dreams and aspirations.

This is a very important process because this allows people to start sharing their goals with feeling and in great detail. Once each member has shared their goals not only does it reinforce the goal in the member's mind, but it also allows the other members to brainstorm ways of achieving goals and getting around any obstacles that may appear.

It also allows the person sharing the goal to become accountable for reaching her goal. With the positive support each of the other members gives, they then have the impetus to develop the necessary action steps to achieve that goal. Having supportive accountability partners is a must if you want to achieve your goals.

It is imperative that you don’t give up at the first hurdle or if you feel it's taking too long to realise your goal. Unfortunately, that's when most people do give up, and all they are doing is making a decision to quit! Most people blame outside circumstance for quitting but really, they themselves have ultimately made the decision to quit.

Being a member of a mastermind group offers you support at times like this and by staying the course you will start to see results. This helps you to concentrate your focus on your goal which in turn develops more action and more results! It also allows you to be of service to others by giving your time and expertise in helping them to achieve their own goals.

Procrastination is a great enemy of goal achieving and when you are on your own, it can be very hard to keep motivated. By being a member of a mastermind group you can rely on the other members to keep you motivated with ideas of solving the problems behind your procrastination. Once you start to feel this motivation take effect there really is no stopping you from taking action.

I have the privilege of facilitating a mastermind group and one of the members who is an experienced financial planner explained to the group that he had good clients who wanted to see him and do business with him. But he felt that he couldn’t deal with the new technology and business process systems that were now required and as a result he was making excuses for not seeing his clients. He was suffering from procrastination and an empty wallet!

I’m glad to report that within 4 weeks of joining the group the other members had helped him to make a complete turnaround and he now regularly writes $15,000 of business every 3 weeks and rewards himself with a 1 week holiday somewhere different in the world every 4th week.

So if you are suffering from procrastination, a lack of purpose or you want to realise your dreams and goals in life, then joining a mastermind group could well be the best thing you have ever done. You deserve to succeed, expand and create in life after all that is your purpose. It is so much easier when you have an alliance of likeminded people rooting for you. Make a decision today to take massive action to invest in yourself and join a mastermind group.

Copyright © 2010 by Martyn Green