Mastermind Groups – What Are They and How They Can Help You

I have a lunch meeting today. You could call it a business meeting, but I know the guys would much rather call it a Mastermind meeting. Sounds fancy, right?

We’re not plotting to take over the world, and it’s not about mind control – it’s essentially a meeting between internet marketers that we all use to learn from each other to help grow our  businesses. I’ve been attending these meetings ever since Sterling (our group leader, I guess you could say), moved to San Diego and started it – 6 months ago.

So, what do you do at a Mastermind meeting?

Well, first we eat and chat about random things – usually non-business related items. There comes a point during the meeting (I guess you could say this is when the meeting actually begins) that we start to talk business. We might stay at the restaurant or move elsewhere. Today, we’re going to play “disc golf” while meeting. Sweet!

One person will talk about the latest going-ons in his or her business, and will normally present something they have learned that they’d like to share with the group. Then, that same person will present a problem or a question they have in regards to their business, and everyone will have a stab at a potential solution or offer a suggestion. Then, the next person will speak. This goes on for a few hours and we usually have to cut things short because there is so much to say.

Just imagine how much GOLD is being passed between people at these meetings! They have seriously earned me more money and success for my business, no doubt.

Our “Leader”

You may recognize the name Sterling from somewhere. He is actually the co-host of the #1 Internet Business Podcast on iTunes, the Internet Business Mastery Podcast. I’ve done my best to pick his brain at every meeting, and it’s definitely paid off.

I’m also a part of the Internet Business Mastery Academy, which is how I found out about this meeting and that Sterling was moving to San Diego. In addition to the 11 courses about how to start an internet business from ground up, it’s also a large, massive online mastermind group where we all share our online success and failure stories and learn from each other. I definitely recommend checking it out.

Are You Part of a Mastermind Group?

If not, you definitely should be. Even if you only meet once a month, it’s REALLY beneficial. Plus, it’s fun to meet new people who have the exact same goals as you – to build a successful and profitable online business. You can probably find one on craigslist, and if not, why not start your own? (Or, you could join the Academy and see me there too!)

Before I go, I just wanted to say thanks for all of the encouraging comments in my last post. Your comments really helped me stay motivated while writing my new material. To give you an idea of how much I’ve written in 2 days – I’m on page 50. Cheers everyone!

Posted on : May 27th, 2009

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