Personal Development Tips: The Power of a Mastermind Group

In maybe the most legendary business book ever, Think and Grow Rich by Napoleon Hill, the concept of a mastermind was first introduced to the general population. Sure, the mastermind group has always existed – ever since a handful of cavemen get together to plan and plot the next hunting trip – but this was the first real “concrete” example of the power that is able to be accessed the moment that you join one of these groups.

mastermind

However, most people simply ignore the almost too obvious benefits a mastermind group provides – instead of trying to become the next “renegade business leader”, some kind of lone wolf and it’s going to turn the world on its head without any help. Deep down I think we all understand that all of the leaps and bounds we been able to generate in business have come thanks to teams and teams of people working with one another towards a common goal – but somehow we forget that and feed our hero complex.

Here are just a handful of reasons why you’ll want to join a mastermind group – or even create one – to change your business and life entirely.

Perspective change is everything when you use a mastermind group

Even though our brains are widely regarded as the most powerful computing systems that we are aware of, the only thing better than a single superpowered computer tucked up into our skulls is a team of superpowered computers that we have instant access to.

Not only are you going to be able to tap into the collective skills, knowledge, and information of all the people in your mastermind – you’re also going to be able to look at your specific situation through new perspectives. There may not be anything more valuable than this specific benefit, as exposing yourself to new perspectives from people who have different life experiences – as well as different values, morals, and skill sets – will help to almost “force you to grow” as far as your business is concerned.

mastermind

There are safety and security in numbers

Being an entrepreneur and business leader you are doing business for yourself even though you may not be by yourself. At every corner we feel as though we have the weight of our world crashing down upon our shoulders (not unlike at less), wondering what’s going to be the straw that finally brings the whole thing tumbling down.

However, when we are able to link up with a mastermind group of people just like us – all in the same boat, so to speak – we’re able to tap into the collective confidence of that group. This allows us to move forward with more and riskier situations without feeling the nerves, stress, and pressure, really forcing our businesses to become better and better almost by proxy.

Mastermind groups have an amazing amount of power and leverage, but it’s up to you to take advantage of all they have to offer. There’s absolutely no reason whatsoever to “go it alone” in our modern world – and in fact, if you try to do so the odds are fantastic that you’ll get crushed by competitors who are using a mastermind to full effect.

Now it’s your turn!

Are you part of a mastermind group?  If yes or no, please share your experiences in the comment section below and I look forward to reading them!

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33 responses to “Personal Development Tips: The Power of a Mastermind Group”

  1. Jason Power says:

    Nate,

    Mastermind groups are great, they offer a whole extended team of help and support when you start to feel like things are not working which helps for mindset as well as learning.

    -Jason

    • Nate Leung says:

      Hey Jason,

      Yes, even though you may be in business for yourself but you’re not by yourself. Everything from support, giving you ideas and helping you to get to the next level. Good to see you here. 🙂

  2. Greg Mock says:

    What an awesome and timely post Nate. I attended a mastermind last night and it was a catalyst to many breakthroughs for my business. Thank for your assistance and also for being so consistent and reliable with your information.

    • Nate Leung says:

      Hi Greg,

      That’s awesome buddy. No problem. I do it for you those who are looking for change and need guidance. Thanks for the comments! 🙂

  3. Kim Nishida says:

    Hey, Nate. I completely agree! I have been a member of several mastermind groups and have always seen a tremendous boost in my productivity and results. Creativity flows, income goes up, birds start singing, etc. LOL

    I have personally found that I had a much better experience and results from mastermind groups I paid to become a member of vs ones that people joined for free. Much higher level of commitment, focus, and clarity. Thanks for a great post.

    • Nate Leung says:

      Hi Kim,

      Yes, you are exactly right with what you said. The benefits that you get from being part of a mastermind group is priceless. It’s not only about what you learn and grasp, but the experience as well that helps you grow as a person. Thanks for the comment!

  4. Love you stuff Nate!!!!

  5. Hi Nate, great post! I am a part of a Mastermind Group and totally agree with what you have shared here.

    The connections I have made, the ideas they have helped me to cultivate, and the comfort of knowing I’m not going it alone, has made my experience all the more valuable.

    I enjoy being in the group and treasure the fact that I can go to this group of like-minded business women with the challenges I face and know that at the end of the session I will have what I need to move forward. Great share!

    • Nate Leung says:

      Hi Stacey,

      Yes, the support that each mastermind member gives is priceless and you get so much out of it. It’s a feeling and experience that cannot be expressed unless you are part of one. Thank you for the comment!

  6. Suzan says:

    Awesome blog, love how our brain works: Masterminding is key!

  7. Melissa says:

    Yes, It is important to be open minded and teachable in a mastermind group. For if you are not you will miss out on a lot of potential opportunities.

  8. Every time I’ve been in a mastermind group, I have grown and learned something new. Another great book that talks a lot about having a mastermind group is The One Minute Millionaire. Very good reading.

    Thanks for this great post Nate!!

  9. Liz says:

    Masterminding is awesome…the women biz owners in my Bible study are all taking the Strengths Finder quiz so that we can see the strengths of our group and how we can support each other. I’m excited for this 🙂

    • Judy says:

      A mastermind group is wonderful!

  10. Judy says:

    A mastermind group makes a world of difference!

  11. Judy says:

    A mastermind group makes a world of difference.

  12. Deanna says:

    Very insightful post Nate and super helpful for me as I am a fairly new entrepreneur. But I am always learning! Thank you!

  13. Nomusa says:

    I just finished an online meeting with the leaders in my team before I read this article. So, yes the Mastermind is doing wonders in growing our businesses. thanks for sharing.

  14. lyn morris says:

    Thanks Nate as always I learn something new every time I visit your blog. Yes being part of a mastermind group gives all a benefit.

  15. Adam Payne says:

    Hi Nate. That book is a must read and yep, being part of a mastermind is invaluable and fun. Get to host one and you are also branding yourself.

    Great post.

  16. A.M. Williams says:

    Totally subscribe to this! Mastermind groups are powerful!

  17. Susan Brady says:

    I LOVE masterminds Nate, in fact I hold a live 1 day mastermind every quarter. After leading mastermind groups for Bob Proctor all over the world this has become a passion of mine. Bob has been studying TAGR by Napoleon Hill for 52 years now – an amazing book!

  18. Julie says:

    Great article! I like what you said about tapping into the collective confidence of the group! That is true! 🙂

  19. Nathalie says:

    As always great tips!

  20. pam schmidt says:

    I am a big fan of the mastermind! Even before I knew that phrase, it has been the approach I’ve worked with in my teaching career. I really love to bounce ideas off some other people’s brains!

  21. Hey Nate,

    I had both good and bad experiences with mastermind groups. One thing to focus on, which is common sense, is to make sure that everyone in the group is on the same page. If one person is focused on blogging and the other is focused on just going to BNI meetings, then there’s going to be some conflict.

    But once you find a group of people that’s on the same page, the synergy among the group becomes ridiculously insane. It’s unfathomable the power that’s within the group! The support as well as getting different perspectives will take each person a long way. Thanks for sharing!

  22. Hi Nate,

    The immense power in building a MM group cannot be understated.

    You touched on key points;so much safety and security in having a massive group of friends surrounding you.

    Thanks for sharing buddy!

  23. I am part of a mastermind and we meet virtually most Thursdays. It has lead to joint ventures, and incredible ideas that are inspired because of this connection with others who are just as powerful in their own way. For me, the mastermind is like taking a lamp, plugging it in, and VOILA! Light! The lamp by itself cannot deliver light, the plug by itself cannot deliver light, but the two together brought the light to shine.

  24. Zina Solomon says:

    Mastermind grounds are so powerful. Yes, I am in a mastermind group and I enjoy receiving and learning other perspectives and implementing strategies for success. 🙂

  25. Vivian Bernardo says:

    I’m with you Nate! Masterminds are powerful and empowering. I’m so grateful to be part of a mastermind group. Keeps me learning and growing. Together we are better!

  26. Latanya says:

    You could certainly see your expertise in the article you write.

    The world hopes for even more passionate writers such as you who aren’t afraid to say
    how they believe. All the time follow your heart.

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