If you’ve ever thought of joining a mastermind group, please read this.
I’m Jon Umstead, author of Business is ART and founder of Plan Canvas. In this week’s post, I’d like to speak with you directly from my heart – then invite you to join me.
Several years ago, I became a believer in the power of mastermind groups. If you are unfamiliar with the term, a mastermind is effectively peer-to-peer mentoring in a facilitated group setting. Everyone comes together to help one another solve their problems.
The concept itself was coined nearly 100 years ago by author Napoleon Hill (The Law of Success and Think and Grow Rich).
There are all kinds of mastermind group options, methodologies, and platforms. I was trained in mastermind group facilitation by one of the most prestigious CEO coaching companies around. But while I became a fast and firm believer in the concept, some of the core practices promoted by this particular company were not in harmony with my own beliefs.
How can it be done differently?
So I sat things out for a year, thinking about. If I were to create and run my own version of a mastermind group, what would it look like, how would it function, and what would be some of the core characteristics of candidates to join the group?
I then began the task of recruiting candidates – something I will admit is not fun to me. It can be a hard sell. How do you show someone that it is worth their money and time away from work to sit in a room with a bunch of people from other industries, helping them solve their problems, when you’ve got enough of your own?
“My business is unique. I don’t need to talk to people from other industries. I need to talk to people with businesses just like mine.”
Heard that all the time as well.
But ultimately we assembled a group that ran for 2 years. It represented some of the greatest professional experiences I have ever had.
We met monthly at alternating locations and as I’d pack up food, beverages, laptop, projector, tripod and flip charts, and drive off to our meeting, I’d think to myself, “Is this going to be worth it today? What if no one gets any value out of it?”
After the meeting would adjourn, I’d pack up and start driving home, feeling completely good about the day.
There is no more rewarding professional feeling than knowing you were part of helping someone else get through a really tough issue. Occasionally, it would literally bring a tear to the eye.
The group had a lot of successes – here are a few
One of our group members had to figure out how to make massive personal life changes due to the failing health of a loved one. One wrestled with a decision to run for public office – something she had wanted to do for a long time – but how could she juggle the responsibilities of owning and operating a small business with several employees and clients to consider AND be a public servant?
In both cases, the group was challenged with helping these members determine solutions and a plan forward. In both cases, things worked out.
The following is a direct quote from another one of the former mastermind group members, who has given me permission to share it:
“Since joining Jon’s mastermind group, my revenue has increased 31.25% in 10 months. Employee morale and productivity has increased 50% by implementing new processes and incentive programs recommended through the group. As a direct result, our competitors do not even compare to the service we provide.”
Christina Walters, Founder/Owner Night Dispatch
If I could guarantee results like that for everyone, I’d be an occasional guest Shark on Shark Tank and have a private island next to Tony Robbins’
But I can guarantee this.
If you join a well-run mastermind group and show up – I mean REALLY show up – you will find it well worth your time and money. Most members find they actually save time by investing in a mastermind.
For the last 14 months, I’ve missed our group. We shut it down due to the retirement of members – one member actually ran for and won the election to the office she had considered. It was also time for me to focus on the development of Plan Canvas. In short, it had run its course.
And now, I am very pleased to say, it is time to start a new group
This time, I will be leading one electronically. We will meet online, monthly, in the evenings, beginning this month.
This revised format will make it possible to expand the group well beyond geographical boundaries, in multiple time zones, and at a time that does not encroach on normal business hours.
Start for free and let the experience speak for itself
The best way to experience it and start gaining benefit from it is to just jump in.
And I get it. You’re skeptical. You have enough demands on your hard earned cash. But if you have ever considered joining a mastermind group, give this one a shot.
I am offering a free introduction to it, so there is nothing to lose and so much to gain.
Contact me directly at email@example.com to discuss it and get you started. There can only be 10 members to a group and some seats are already taken, so, there is no guarantee to fit you in.
This genuinely could be one of the best decisions you have ever made. I am THAT confident in it.
Looking forward to hearing from you.