Networking is about engaging with others to help you reach an objective or goal and is one of the most critical things you can do to grow your business.
Traditional business networking groups typically focus on furthering the business interests of their members through sales and marketing opportunities. Mastermind groups, on the other hand, are made up of like-minded business owners who guide each other in problem-solving, self-discovery, leadership development, and more.
Becoming a mastermind member is a win-win venture. You get to form positive relationships with fellow business owners and discover ways to grow your business through personal development. In other words, you learn to work on your business, not in your business.
Mastermind groups usually have a variety of members from different industries and a facilitator or coach who leads the meetings. Many groups meet in person, while others might use video conferencing or message boards. Depending on the group’s needs, meetings are held weekly, twice a month, or monthly.
When choosing a mastermind group to join, meet with the facilitator to get a sense of how the group is run. Some are highly structured and follow a set routine, moving from networking to “Master the Mind” segments where members are challenged and coached on how to improve their personal and professional skills. Other groups might be more informal, but they share the same goal with ordered groups: to have members leave the meeting enthused, engaged, and excited to put their newly found wisdom to the test.
Many group leaders offer one or two meetings with no obligation, cost, or commitment on your part for you to get a feel of the mastermind group. Take this opportunity to decide if you feel comfortable with other members and learn if they’re highly motivated individuals eager to attend meetings and offer their expertise and support.
The seasoned adage, “You are the company you keep,” could have been coined with a mastermind group in mind. When you decide to network with other entrepreneurs who are as passionate, dedicated, and determined to succeed as you, the energy created is infectious and inspiring.
Ultimately, the best mastermind groups get you to look at your problems in a new light and help you make practical decisions that keep your business moving forward. They’re also incredible opportunities to share your dreams and goals, overcome fears, and make lifelong human connections.
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Catalyst Mastermind Collaborative is a premier mastermind group for small business owner peer-to-peer mentorship in Las Vegas, Nevada.
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