What is a mastermind group exactly?

Mastermind groups offer a combination of brainstorming, education, peer accountability and support in a group setting to sharpen your business and personal skills. A mastermind group helps you and your mastermind group members achieve success. Members challenge each other to set strong goals, and more importantly, to accomplish them.

Mastermind group facilitators start and run groups. They help the group to dive deeply into discussions, and work with members to create success — as each member defines it. Facilitators are the secret to thriving mastermind groups. I’ve seen plenty of groups fail because of poor leadership.

Through a mastermind group process, first you create a goal, then design a plan to achieve it. The group helps you with creative ideas and wise decisions-making. Then, as you begin to implement your plan, you bring both success stories and problems to the group. Success stories are applauded (loudly!), and problem are solved through peer brainstorming and collective, creative thinking.

The group requires commitment, confidentiality, willingness to both give and receive advice and ideas, and support each other with total honesty, respect and compassion. Mastermind group members act as catalysts for growth, devil’s advocates and supportive colleagues. This is the essence and value of mastermind groups.

Global Sales Mentor is committed to driving sales excellence across the globe, and that is why we started a Mastermind for Asian Chief Revenue Officers and a Mastermind for African Chief Revenue Officers. If you are in charge of Global Sales or would like to be in Charge of Global Sales for a start up or high-tech company in Africa or Asia, please reach out and apply to join our masterminds.