The term “mastermind” was originally coined by Napoleon Hill in 1925, but small groups of people have been meeting to discuss business ideas, philosophy and untold other subjects for hundreds, if not thousands of years! Today, Dustin R. Granger, CFP® and I talk about the rich history of mastermind groups, and why you should absolutely join one (or start one)!
Today, Dustin R. Granger, CFP® and I talk about the rich history of mastermind groups, and why you should absolutely join one (or start one)! @Worthit_Podcast @DRGranger #worthitpodcast #Mastermind Click To Tweet
[1:45] Using the power of a small group to catapult your life
[2:45] The definition of a mastermind group
[5:45] What sort of group should you join?
[9:00] Drink a beer and share ideas
[11:30] 7 reasons to join a mastermind group
[14:45] How to find the right mastermind group
[18:00] Toujours Worth It Financial Planning
[20:00] Worth It Inspirations
By definition, a mastermind group is a peer to peer mentoring concept used to help members solve their problems, with input and advice from other group members. Napoleon Hill, the author of “Think and Grow Rich,” says a mastermind means two or more people coming together in harmony to solve problems. The group size can vary, but the most successful groups usually consist of 2-8 members. This group size allows everyone a chance to share, encourage, challenge and celebrate!
Even though “mastermind” may seem like an unattainable title (you either have to be a master of something or a genius), the execution of these groups is often much more simple. Many of the great authors, speakers, and influencers actually made a habit of meeting at a local pub to discuss their ideas over a brew! C.S. Lewis and J.R. Tolkien met at The Eagle And Child in Oxford, England, Ernest Hemingway frequented the El Floridita in Cuba, Lord Byron was frequently seen at the Pedrocchi Cafe…and the list goes on! The place where your mastermind meets is less important than the people who attend, but if you find yourself in a local pub with a small gathering of friends, you will be carrying on a rich tradition!
The place where your mastermind meets is less important than the people who attend, but if you find yourself in a local pub with a small gathering of friends, you will be carrying on a rich tradition! @Worthit_Podcast @DRGranger #worthitpodcast… Click To Tweet
By this point, we hope you can see the value of mastermind groups. If you can’t find one that caters to your needs or interests, we recommend starting your own! Dustin says the key is consistency. Pick a place, and find a few friends or associates who share a few interests, then decide on how often to meet. It won’t be long before you are sharing ideas, encouragement, advice…and who knows, maybe a new business venture!
Starting a mastermind group? Pick a place, and find a few friends or associates who share a few interests, then decide on how often to meet. It won’t be long before you are sharing ideas, encouragement, and advice! @Worthit_Podcast @DRGranger… Click To Tweet
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