group meeting

Let me ask you a question – as a small business owner, do you ever wish you had a ‘team’? People to brainstorm with? Seek feedback and advice from? Perhaps people to hold you accountable and make sure you actually do get things done? If this sounds like you, it’s worth considering a mastermind group!

What is a mastermind group?

A mastermind group is a group of peers that chooses to work together to solve problems and move forward. It’s a term originally coined by Napoleon Hill in his 1925 book ‘The Law of Success‘. At its core, a mastermind is a way of harnessing the collective motivation, energy and experience of the group, plus their willingness and motivation to learn and grow together.

Deliberately seek the company of people who influence you to think and act on building the life you desire.

Napoleon Hill

How does it work?

But how does it work? Well, in our masterminds, we will be limiting each of our groups to four participants, plus members of the Tabono team. The whole session will last between two and three hours, and each participant will be allocated a 30 minute slot. Then in each slot, each member will take a few minutes to introduce their business, and outline any questions or issues that they would like the group to support them with. Then the remainder of the time will be spent working together to address the points that have been made, and support each participant to set goals and take actions to move forward.

Should any group decide to meet on an ongoing basis, those goals can then be supplemented with deadlines, with the group holding themselves accountable to each other.

Why join?

But why should you join a mastermind group? What are some of the key benefits to you and to your business?

1. Acccountability

This is an important one. As a mastermind, the group works together to set goals and to challenge each other to push boundaries and make things happen. It’s designed to encourage participants to get out of their comfort zones, and to push forward.

But how many times have you decided to do something, and then never followed through? Or settled for second best, when really you know that you could have done more?

By setting goals through a mastermind group, you’re committing to others, not just to yourself. And in doing so, you are far more likely to push forward and hopefully to achieve your goals.

2. More than just you

This comes back to the old adage ‘Two heads are better than one‘. We’ve all heard it before, and it’s absolutely true. By getting involved in a mastermind, you no longer have to rely solely on your own learning and your own experience to help you to solve problems and move forward. You have the collective wisdom and knowledge of the group to support you, and by accessing the knowledge of the group, you can learn, see things from other perspectives, and achieve so much more.

3. Connectivity

It’s not just about what you know, it’s about who you know! The world relies on connections, introductions and relationships. And all of those take time, and resources. But if you’re looking for the perfect person to help you with a particular challenge, but struggling to find them, you can ask your mastermind group! Someone there might be perfectly placed to make the introduction that you need, and that introduction can propel you forward to solve your problem, gain the knowledge you need, and take your business to the next level!

4. Leave your comfort zone

Imagine standing at the bottom of a mountain, completely alone, trying to decide how to approach getting to the summit. How do you feel? How many of you would decide to go on alone? Or would you turn away, with the intention of coming back when you have some back-up? Some time. Possibly.

The idea of getting outside of your comfort zone, or setting yourself a challenge, can be a daunting one, especially if you’re doing it on your own. But instead, you can use the mastermind as your ‘back-up’ to climb your mountain. A mastermind is an opportunity to set yourself goals that you wouldn’t normally challenge yourself with. But do it, knowing that you have a team behind you, knowing that they all want you to smash it!

5. Think BIG!

This final point builds on what I wrote in point 2, about benefiting from the collective knowledge and experience of the mastermind group, and also sharing your own views and learning with them.

But a great mastermind is about more than these things, and more even, than simply providing you with the courage and support to get out of your comfort zone. It’s about ideas. It’s about raising your aspirations and thinking bigger, brighter, better. A mastermind is a great place to test out new ideas; gain feedback and push boundaries in a safe, honest, supportive space.

So what do you think? Would a mastermind group work for you and your business? If so, why not join us? Head over to our Events page for more information, and feel free to get in touch if you have any questions!