EP063: Mastering The Mastermind With Lee Mowatt
Mastermind Groups are at the center of many of the most successful entrepreneurs this world has ever known. Many people are very intrigued about how they work, how to organize one, how to find or start one, what to expect, and how they can benefit from one.
\nI sit down with Lee Mowatt in this week\u2019s episode to discuss mastermind groups. Lee and I are both members of the same mastermind group. We share with you how we came to find our mastermind group, and how it\u2019s structured. We also pull back the curtain and share with you how we have leveraged these groups in our businesses, and the direction we see our mastermind group headed.
\nIN THIS PARTICULAR EPISODE YOU WILL LEARN:\nMastermind Groups Are Not A New Concept:\nIn his book, \u201cThink and Grow Rich,\u201d Napoleon Hill talked about something he called a \u201cmastermind alliance.\u201d To Napoleon Hill, a mastermind group is defined as, \u201cA friendly alliance with one or more persons who will encourage one to follow through with both plan and purpose.\u201d It is not enough to have a group with just a plan, or just a purpose, therefore, both are necessary for a successful meeting of the minds.
\nNotice the key ingredient here, \u201cone or more persons\u201d. The whole premise of a Group of this nature is to leverage others in our own endeavors and share our knowledge and experience. This truly has to be a give and take relationship.
\nA successful author of several books, Napoleon Hill mentions these concepts in several of his publications. In, \u201cMaster Key to Riches,\u201d he says, \u201cEvery mind needs friendly contact with other minds, for food of expansion and growth.\u201d Recognizing that mastermind groups are essential to the success of its participants, Hill describes these groups as an environment that nurtures and supports growth.
\nFinally in his book, \u201cThe Law of Success,\u201d Hill refers to the mastermind group again by saying \u201cthe group helps to organize useful knowledge, creating a virtual encyclopedia from which each member can draw information.\u201d
\nLINKS AND RESOURCES MENTIONED IN THIS EPISODE:\n- \n
- Michael Hyatt has an excellent blog post about how to launch a successful mastermind group. \n
- Forbes released an article about masterminds that I highly recommend. \n
- Pat Flynn of \u201cThe Smart Passive Income\u201d has a fantastic blog post about how to find a mastermind group. \n