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How To Start and Run a Mastermind Group

How To Start and Run a Mastermind Group

Some people like to cooperate with others to achieve their goals, while others prefer to chase their dreams on their own.  I find that involving mutually committed partners in my pursuits is intensely rewarding – especially mastermind groups.  I’ve strengthened my friendships, made measurable progress towards my goals, and continue to grow thanks to the support I’ve received in my mastermind groups over the years.

In this article I’ll lay out what a mastermind group is, the benefits of having a mastermind group, and concrete strategies and actions you can take to start your own mastermind group today.

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What Is A Mastermind Group?

The first place I came across the concept of a mastermind was in Napoleon Hill’s Think and Grow Rich.  In it, Hill describes a mastermind group as:

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The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the spirit of harmony.

In my experience, my mastermind groups have formed around multiple people striving for a common purpose – from goals as small as college admissions and improving fitness, to as large as your entire life.

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What Are The Benefits of a Mastermind Group?

  • Mutual support. I like to form groups around a specific activity, but even with differing goals you’ll be able to lean on each other for support.  Many times when my progress has slowed on a specific goal, the members of my mastermind are the only people who really understand what has been going on behind the scenes, and give me support in spite of my failed efforts.
  • Differing perspectives.  Hearing the different views my fellow mastermind participants have allows me to see issues I wouldn’t otherwise become aware of – in my life, and in my approach to my goals.  Whether I agree with their assessment or not, it always gives me a better understanding of how I can better improve my approach.
  • Resources.  Everyone in your group will have access to a different skillset and network of people. I’ve often found that when I ask for help in my mastermind groups, these resources help me make progress in ways I never could by myself.
  • Accountability.  My fellow group members hold me accountable to goals I set.  In addition, just knowing that I have a regularly scheduled meeting internally drives me to make progress – because I don’t want to be the only person reporting back that I haven’t made an effort to move my projects forward.

How Do I Start a Mastermind Group?

Starting a mastermind group is deceptively simple in its steps:

  • Pick a Topic.  This may be as narrow as you like, or as broad as you like (such as your entire life).  If you are new to mastermind groups, I would recommend picking one specific aspect of your life to start out with.  Perhaps fitness, your career, school, or some other broad area that you would like improvement with.
  • Pick your Partners.  I’ll discuss this in detail below.  A mastermind group is only as good as the people in it – pick your partners with care.
  • Agree On Ground Rules. I’ll provide some guidance below, but keep in mind the purpose of setting rules is not to stifle anyone – the purpose of the rules is to ensure everyone benefits from the mastermind group. I like to keep a loose set of rules and count on mutual respect of the individuals to keep everyone in line, but you may choose to have strict ground rules if you like.
  • Meet!

Who Should I Invite Into My Mastermind Group?

Two words:  mutual beneficiaries.  Any member in your mastermind group should not only be able to provide you with sound feedback and advice, but should be able to receive some benefit from your feedback as well. Some qualities I look for in a participant include:

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  • Similar Drive and Commitment.  You want everyone in the group to be similarly committed. If one person is striving to compete in a bodybuilding competition, while you’re just trying to cut the sugar out of your diet, you may not be compatible for a mastermind group.
  • Diverse Skill Sets.  For me personally, I am very analytical and approach things from a scientific, engineering perspective.  I enjoy mastermind groups where some people share this perspective, but also gain valuable feedback from people who are perhaps more abstract and in touch with their emotions (as opposed to a “cold” analytical approach).
  • Problem Solvers.  This is my personal preference, I like partners who are active problem solvers.  My purpose in a mastermind group is to get feedback, solutions to my issues and move forward.

I like to limit mastermind groups to between 3 and 5 people.  This keeps meeting short, in depth and on point.  You can experiment with more or less, but I recommend starting with 2 or 3 if this is your first time with a mastermind group.

How Do I Run A Mastermind Group?

  1. Meet Regularly And Precisely. I call this the “nuts and bolts.” Keep to a regularly scheduled time, ensure all members are punctual – and end on time. I typically meet for 60 minutes once a week. You may require more or less time, but ensure that you have adequate time because you want to…
  2. Give each member equal time. We don’t use a timer, but for larger groups that may be necessary.  I keep most of my groups to only three people, and generally we are all aware that we have approximately 20 minutes per person, and try to keep it in that time frame.
  3. Don’t Interrupt. One person at a time, and keep in mind the purpose of the meeting is to give everyone a chance – it’s not always about you. Hold all comments until the person speaking has a chance to speak. We generally do not jump in at all unless someone has a specific question.
  4. Decide if you need an agenda. My mastermind groups typically have a conversation topic (often decided at the meeting prior), but no explicit agenda.  I previously have run groups that had more explicit items on the agenda for accountability and progress reports – try it out and decide what works best for you.
  5. Decide on whether to have a facilitator. In my groups, I start the calls, and act as a very loose facilitator – I point out who is going to go first. That’s it – everyone polices themselves. Perhaps your group will need a facilitator who is more active – keeping people on target for time, and moving you from one items on the agenda to the next.
  6. Capture.  Make sure you capture what happened at each meeting – lessons and triumphs, goals, and items you want to keep each other accountable to.  I like to use Google Documents and Mindmeister.  When I conduct groups online using Skype I use MP3 Skype Recorder (free) to record mp3s of my calls.

Three Question To Kick Start Your Mastermind Group

If you’re ready to start a mastermind group, you may want some very basic structure help you in the beginning.  These three questions never fail to get my mastermind groups off to a great start.  As your group evolves, you’ll come up with your own agenda and questions that you’d like each member to answer – but if you don’t know where to begin, this is a great place to start:

  • What Are You Working On? Nice and broad, and each member can answer with whatever they feel comfortable sharing.
  • What Did You Learn? Very often my groups are focused on similar goals, and lessons learnt by one member benefit all of us.
  • What Do You Need Help With? By having a specific question on the agenda, this helps take pressure of members who want to reach out to the group for help.

Your Thoughts and Strategies?

What do you think?  Have you run a mastermind group before?  Do you have additional tips to share, or perhaps pitfalls to avoid?

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Last Updated on July 23, 2019

5 Steps To Move Out Of Stagnancy In Life

5 Steps To Move Out Of Stagnancy In Life

In the journey of growth, there are times when we grow and excel. We are endlessly driven and hyped up, motivated to get our goals.

Then there are times when we stagnate. We feel uninspired and unmotivated. We keep procrastinating on our plans. More often than not, we get out of a rut, only to get back into another one.

How do you know if you are stagnating? Here are some tell-tale signs:

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  • If you have been experiencing chronic procrastination on your goals
  • If you don’t ever feel like doing anything
  • If you keep turning to sleep, eating, games, mindless activities and entertainment for comfort
  • If you know you should be doing something, but yet you keep avoiding it
  • If you have not achieved anything new or significant now relative to 1 month, 2 months or 3 months ago
  • If you have a deep sense of feeling that you are living under your potential

When we face stagnation in life, it’s a sign of deeper issues. Stagnation, just like procrastination, is a symptom of a problem. It’s easy to beat ourselves over it, but this approach is not going to help. Here, I will share 5 steps to help you move out of this stagnation. They won’t magically transform your life in 1 night (such changes are never permanent because the foundations are not built), but they will help you get the momentum going and help you get back on track.

1. Realize You’re Not Alone

Everyone stagnates at some point or another. You are not alone in this and more importantly, it’s normal. In fact, it’s amazing how many of my clients actually face the same predicament, even though all of them come from different walks of life, are of different ages, and have never crossed paths. Realizing you are not alone in this will make it much easier to deal with this period. By trying to “fight it”, you’re only fighting yourself. Accept this situation, acknowledge it, and tell yourself it’s okay. That way, you can then focus on the constructive steps that will really help you.

2. Find What Inspires You

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Stagnation comes because there isn’t anything that excites you enough to take action. If you don’t have a habit of setting goals, and instead just leave yourself to daily mundanes, it’s not surprising you are experiencing stagnation. What do you want to do if there are no limitations? If you can have whatever you want, what will it be? The answers to these questions will provide the fuel that will drive you forward.

On the other hand, even if you are an experienced goal setter, there are times when the goals you set in the past lose their appeal now. It’s normal and it happens to me too. Sometimes we lose touch with our goals, since we are in a different emotional state compared to when we first set them. Sometimes our priorities change and we no longer want to work on those goals anymore. However, we don’t consciously realize this, and what happens is we procrastinate on our goals until it compounds into a serious problem. If that’s the case for you, it’s time to relook into your goals. There’s no point in pursuing goals that no longer inspire you. Trash away your old goals (or just put them aside) and ask yourself what you really want now. Then go for them.

3. Give Yourself a Break

When’s the last time you took a real break for yourself? 3 months? 6 months? 1 year? Never? Perhaps it’s time to take a time-out. Prolonged working can cause someone to become disillusioned as they lose sight of who they are and what they want.

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Go take some extended leave from work. A few days at bare minimum; a few weeks or months will be great. Some of my ex-colleagues have quit their jobs and took months out to do some self-reflection. Of course, some of us might not have that luxury, so we can stick to a few weeks of leave. Go on a trip elsewhere and get away from your work and your life. Use this chance to get a renewed perspective of life. Think about your life purpose, what you want and what you want to create for your life in the future. These are big questions that require deep thinking over them. It’s not about finding the answers at one go, but about taking the first step to finding the answers.

4. Shake up Your Routines

Being in the same environment, doing the same things over and over again and meeting the same people can make us stagnant. This is especially if the people you spend the most time with are stagnant themselves.

Change things around. Start with simple things, like taking a different route to work and eating something different for breakfast. Have your lunch with different colleagues, colleagues you never talked much with. Work in a different cubicle if your work has free and easy seating. Do something different than your usual for weekday evenings and weekends. Cultivate different habits, like exercising every day, listening to a new series of podcasts every morning to work, reading a book, etc (here’s 6 Proven Ways To Make New Habits Stick). The different contexts will give you different stimulus, which will trigger off different thoughts and actions in you.

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When I’m in a state of stagnancy, I’ll get a sense of what’s making me stagnate. Sometimes it’s the environment I’m in, sometimes it’s the people I’ve been hanging out with, sometimes it’s my lifestyle. Most of the times it’s a combination of all these. Changing them up helps to stir myself out of the stagnant mode.

5. Start with a Small Step

Stagnation also comes from being frozen in fear. Maybe you do want this certain goal, but you aren’t taking action. Are you overwhelmed by the amount of work needed? Are you afraid you will make mistakes? Is the perfectionist in you taking over and paralyzing you?

Let go of the belief that it has to be perfect. Such a belief is a bane, not a boon. It’s precisely from being open to mistakes and errors that you move forward. Break down what’s before you into very very small steps, then take those small steps, a little step at a time. I had a client who had been stagnating for a long period because he was afraid of failing. He didn’t want to make another move where he would make a mistake. However, not wanting to make a mistake has led him to do absolutely nothing for 2-3 years. On the other hand, by doing just something, you would already be making progress, whether it’s a mistake or not. Even if you make a supposed “mistake”,  you get feedback to do things differently in the next step. That’s something you would never have known if you never made a move.

More to Help You Stay Motivated

Here are some resources that will help you break out of your current phase:

Featured photo credit: Anubhav Saxena via unsplash.com

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