Mastermind Groups are a powerful venue for change and have been around for centuries. Napoleon Hill, author of Think and Grow Rich, studied the richest men of the early 1900’s and wrote this book as part of his research (if you haven’t read it already I highly recommend it). One of the common practices of all of the wealthy men he researched was that they participated in a Mastermind with other like-minded men. These Mastermind groups served the purpose of helping the participants solve problems and move forward in their goals, making them more wealthy and successful.
“Master Mind as coordination of knowledge and effort, in a spirit of harmony, between two or more people, for the attainment of a definite purpose,” is how Napoleon Hill describes the Mastermind idea he studied. “This form of cooperative alliance (the Mastermind) has been the basis of nearly every great fortune. Your understanding of this great truth may definitely determine your financial status.”
Today, women entrepreneurs are designing new models of the Mastermind – and the results are more powerful than ever before. Being a women entrepreneur and being a member of a high level Mastermind group, I’m huge believer in the Mastermind model (in addition to private coaching) because it connects me with like-minded, big vision people and has tripled my success as an entrepreneur. I get to offer my point of view to my Mastermind group, and I receive solutions from the most extraordinary people.
When we try to create a profitable business on our own, it’s too easy to get overwhelmed, frustrated, isolated and stuck. When entrepreneurs are in this place, they (maybe you can relate to this?) they often begin to think that maybe there is something wrong with them. But the real truth is there is absolutely nothing wrong with you. In fact, the real truth is that you have a profound message to share that will help people transform their lives. I know deep in your heart you long to get this message out in the world in a BIG WAY!
But what exactly is a Mastermind? And how do you know if it’s for you?
Below are five elements of a Mastermind group. This will give you an idea of how they work so you can decide whether or not you would like to form a Mastermind or join one.
1. A Mastermind allows you to see a much bigger vision for yourself and moves you forward allowing you to take much bigger leaps.
A Mastermind is about creating consistent forward momentum and helping you achieve your dreams and goals. A Mastermind group brings out the things that are within you that you cannot see for yourself.
Masterminds are different than support groups. Support groups are wonderful to heal from past trauma, but Masterminds are not about healing. Mastermind groups are about growing taking big leaps and being willing to live out your fullest potential and playing your biggest game.
People who try to form casual Masterminds often end up disappointed. Causal Masterminds are much different than a Mastermind group with strong coaching and high level teaching of mindset, systems and marketing.
All members have to hold that level of energy, commitment, desire and set an intention to keep that momentum. This is not always an easy task!
2. A Mastermind Group is about powerful shifts in your mindset. Complaining, excuse-making and whining are not options!
In a Mastermind, each person gets a “hot seat” to present her big vision for her business and life to the group. The person presents her goals, dreams, and challenges. Tears often happen, as she is releasing fearful energy that up to this point has kept her stuck and realizing the time is NOW to move forward.
Complaining, excuses-making, whining and the feelings of staying stuck quickly dissolve. You are not only heard and fully supported, you are also given you need to gain clarity and move forward. Mindsets are a huge part of the Mastermind.
3. A Mastermind Group is about growth and expansion out of your comfort zone.
Most people desire expansion and growth. People who join a Mastermind know in their gut without growth for their purpose and dreams they’ll die a slow death. When you take part in a Mastermind you will be expanded and stretched. This excites people because they know on the other side of their comfort zone is huge growth. In fact, this is one of the biggest reasons people want to take part in a Mastermind! They know the results they have had from staying within their comfort zones and not satisfactory. Masterminds are very effective because they require you to expand out your comfort zone so you get the results you want (let’s get serious – helping more people, more money, more personal freedom and the business you love!).
4. A Mastermind Group offers support and holds you accountable.
For me personally, I am showing up for my life and business in a way I have never done before as a result of being part of a Mastermind. The results I am achieving are mind blowing! So much, in fact, I won the recent “Implementation Challenge” amongst my Mastermind group.
You see, creating a clear vision, having systems, and deciding and taking action are my strengths, and Masterminding has made these strengths even stronger (actually this is one reason why my clients love me as their coach. I move them from being stuck to achieving freedom through clarity, systems, deciding and action).
5. A Mastermind creates a huge space for new ideas, implementation, and resources. It’s a relationship of giving and receiving.
Each person is fully present and committed to supporting their Mastermind group. When each person gives their full focus and attention to one person and her dreams, brilliant ideas spark and solutions are offered. Challenges are no more – that is the power of the group. Resources and connections are often discovered in the process. This is just some of the tremendous value and benefit to taking part in a Mastermind.
There is something incredibly powerful about being amongst a group of Big Visionaries within the Mastermind.
Napoleon Hill put it this way: “No two minds ever come together without, thereby, creating a third, invisible, intangible force which may be likened to a third mind.”
The intention with the Mastermind group taps into a higher source of intelligence and creativity naturally guiding the group and moving it forward together. A greater awareness happens.
The awareness of this “third” mind helps me trust and access the knowing from within. Therefore, I am able to walk into fear and trust there is something bigger happening on the other side of fear.
Being part of a Mastermind is the greatest gift I could have ever given my business. It was an investment and risk I knew I had to take if I ever wanted to grow my business to a point where I could help more women and produce a larger income. Without risk, there is no reward.
Self-imposed limits are a result of our own thinking based on past conditioning. They are boundaries we’ve set in our minds about what we can’t be, do, have or achieve. These limits are not real; they only exist in our minds.
If you’re frustrated with boundaries and feel ready to expand your life, I encourage you to identify your self-imposed limits. Once you know what they are, you can free yourself from restrictions.
Self-imposed limits feel constricting and depressing. They often sound like the following
- I should stay in this career since this is what I earned my degree for.
- I am too old to even try now.
- I shouldn’t risk it; it could take too long and be too much work.
- I’ll never earn much money. No one in my family has ever made over $75,000 per year.
- I don’t have the time to “just do it.” I am too busy.
- I can’t publish a book; I am not a professional writer.
Self-imposed limits are false restrictions we place upon ourselves that stop us from taking further action and turning our dreams into reality. Imagine fully believing in your true potential rather than holding back because of self-imposed limitations.
This week, prepare yourself to jump out of the box and start creating your life from a much bigger space.
1. Make a List of the Limits You Place on Yourself.
Once you bring your awareness to the boundaries you’ve built, you can decide to make different decisions that align with what you really want. You no longer need to tell yourself “I can’t.”
Become inspired and open to all possibilities for recreating your life.
2. Change Your Beliefs.
Ask yourself whether you are truly limited in the way you previously thought. Why would you believe you are limited? What could you do without these limits?
Replace your negative, false beliefs with true and empowering ones.
3. Improve Your Self-Image.
Start seeing yourself as the highest and best version of you. Ask your highest self for daily guidance and listen to your intuition. By listening to your highest self, you start to develop a higher level of confidence.
What would your best and most confident self say to those limitations?
4. Have a Positive Expectation.
Expect the best with complete certainty. When you free yourself of limitations, you create space to fully see and believe in all that you’re capable of. Positively expect amazing outcomes. When you let go of self-imposed limits, you naturally release worry and need for perfection. You become present in the moment.
You were born to succeed and that is the beautiful truth. Now, fully expect it with certainty.
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Empowerment Expert , and Master Certified Coach Karen Fagan publishes her “Live in Your Brilliance” weekly ezine. If you want special tips to live bold, brilliant and rich in your life and business, you can sign up for a FREE subscription to Live in Your Brilliance at www.karenfagan.com. Want to see more secret tips? see Karen’s blog at Karen http://www.karenfagan.com/blog/
This Week’s Question:
I feel like giving up! I am not making progress like I had hoped in my business and it feels like “making progress” is taking forever. I am starting to question if I made the right decision (or if there is something wrong with me) and maybe that is why I am not as successful as everyone else seems to be. I am working so hard – and the results are nowhere in sight.
Can you please give me some tips so I don’t give up?
Now is not the time to give up, Terry! (Take a colored index card, write this down, and tape it onto your computer for a reminder, o.k?)
Often when we are working too hard, and pushing too much not seeing the results we desire – we become exhausted and begin to question ourselves – and we simply feel like giving up.
But now is not the time to give up! You have come way too far and to turn back now! Below are four simple tips that will help you create forward momentum, much better results, increase your level of happiness and put the bounce back into your step!
1. Give Yourself Permission
One reason that we get stuck, overwhelmed, and frustrated is because we suffer burn out and fatigue from trying so hard. I have a private client who has doubled her success by practicing my coaching instruction to simply give herself permission to rest and stop pushing. If you are like me, you want results yesterday! However, I have learned (and coach many women) to slow down when struggle sets in. Don’t push.
When we are pushing and tired our reality gets distorted. Instead of pushing and beating yourself up for what you have not yet accomplished, give yourself permission to take a break when you’re tired and everything feels like you’re going against the current. Fatigue is one of the number one causes for burnout. It causes second-guessing of oneself — one of the biggest reasons people quit! When you feel like you are spinning your wheels – allow yourself to step away – regain clarity – and get your prospective back. By allowing yourself to rest and connect with joy, you’ll be happier and more successful. Creativity flows and you will be more productive. Commit today to giving yourself permission to rest.
2. Let Go
When we are pushing rather than in an effortless flow – we just need to let go. When you become blocked and stuck, it’s time to check in with how attached you are to the outcome. You will know when you are really attached to the outcome because you will feel exhausted and ready to give up.
I have seen private clients attract more clients, land speaking gigs, land a great job, and find the perfect match – just by releasing their attachment to the outcome. Once you let go, you will find yourself being more resourceful, thinking out of the box, and seeing new opportunities. Your happiness level will sky rocket and you will achieve the exact results you desire – if not better.
3. Push Through the Dip
You may feel like you have hit a low, but really it’s the transformational point leading you to success. You may feel like giving up even though you’re doing all the right things. You are doing all the right things – just not seeing the results. Seth Godin wrote an amazing book called “The Dip” — the plateau that separates the average from the best in the world. Knowing what to do when you hit the dip is so important. If you have hit the dip and you can honestly say that going forward is the best decision, then you continue to move boldly ahead until you reach the other side. It might feel like the hardest you have ever worked, but once you make it, the results will be tremendous.
4. Give Yourself the Gift of Support
Support and (accountability) is everything! Sometimes, we can’t see our own blind spots and this often slows us way down, frustrates us, and we end up working even harder. When you are doing things in your life and business that you have never done before, having support makes all the difference in the world!
Working with a coach will not only support you and give you accountability, it will push you out of your comfort zone. All my private clients are so amazed that prior to investing in coaching with me, they thought they either didn’t really need a coach – or felt guilty about choosing to invest in coaching. Now, after being coached they are committed to always having this type of support in their life. Why? Because, left to our own devices we don’t do what we should or could. When we work with a coach, we make more progress and do it more rapidly. I personally know this – not just from coaching hundreds of women – but from investing in myself and having MY OWN private coach.