What REALLY works in business? Everyone wants a magic pill. Unfortunately, there is none, but one thing that comes very close is a well run peer group / mastermind .
There are a multitude of peer group and mastermind options available to you. It is incumbent on you to find the one that works for you. But, by all means, find one, because they genuinely work
We kicked off an online mastermind group last night for small business owners and the initial results were pretty astounding.
An amazing launch
Members came ready to get to work. They immediately threw any inhibitions to the wind and presented some of their most pressing current issues and challenges. We did deep dives on what the issue really is and what the impact of not addressing it will be (or already has been). We identified numerous potential ways to address the issue. Ultimately, we identified and assigned action items for addressing the issue.
The issues we processed were specific to the individual presenting them, but common enough that nearly anyone can relate. They included:
- Cash flow management
- Prioritization of cash heavy initiatives
- Dealing with disruptive behavior of a particular employee
Group members left the meeting wit an average of 4 action items to address the issues presented. They were assigned 2 additional action items to address items outside of the issues presented.
We will now begin tracking progress against these action items and how well the specific issues are resolved. This stuff works because it provides input from peers on how to resolve your issue and promotes accountability to one another on doing something about it.
The value is immediate an on-going
The group is based on 2 main premises:
- It’s lonely at the top, and,
- None of us is as smart as all of us
One member summed it up best by saying, “It feels god just to be able to talk about it.”
Try it for free
Again, there are lots of options out there. If you want to check out ours, it is conducted online, so there are no geographical restrictions. Your first 3 months are at no fee so that you can experience for yourself how effective these groups are.
It’s not a magic pill, but it REALLY does work for you and your business.