In the first part of the article, we talked about the concept of mastermind groups and their most essential types. In the second part, we will discuss their most important benefits and what you should expect from your group.
The Benefits of Mastermind Groups
The mastermind community carries a lot of benefits as you start to develop your career. Here are the three most important advantages you will find in the mastermind group:
1. Skills sharing
A mastermind group is a great place to share skills. By joining a mastermind group, you will get to know many different people, many of whom may have more experience than you or are ahead of you in their careers.
These people have likely faced your challenges and can advise you as you build your career. It's beneficial to spend time with those who have different perspectives and experiences that can broaden your horizons.
On the other hand, there may be people in your mastermind group who have less experience than you, and this is a golden opportunity for you to work enlightened and answer any questions these people may have. The mastermind group is ideal for sharing skills and advice, learning, and teaching each other.
2. Accountability
One of the biggest benefits the mastermind group offers is accountability, which is important because it helps people take responsibility for themselves and their choices. When a group of people holds you accountable, you are more likely to make good decisions and work hard while trying to advance your career.
You are more likely to work hard and achieve results when you think about it. If you know that ten people will ask for a report of what you did each week, a mastermind group can help you understand that you are responsible for the decisions you make, and this responsibility can help you reach your goals. If you watch your peers work hard and achieve their goals, you will also feel motivated to catch up and achieve your goals.
In addition, mastermind groups also offer a sense of community, so you are surrounded by like-minded people working to achieve some goals similar to yours, which is a very significant thing.
“Show me your friends, and I will show you your future” is true. By surrounding yourself with people with the same values and goals as you do, you create the perfect environment for your career to flourish.
3. Knowledge networks
Mastermind groups can help you make significant progress in your career because you will be making essential connections within these groups. Knowledge networks are critical to any career growth, and a mastermind group is the perfect place to start creating your network.
Think carefully: You will be surrounded by people starting their careers just like you. It is the perfect place to form relationships. In the future, these people may be able to help you find a job or other opportunities. Similarly, you may be able to help them. Often, working on networks may seem tedious.
Thinking about going to crowded places or meetings or always keeping your business cards on hand can be time-wasting. However, a mastermind group is an easy and ideal way to build your network, and communication within a mastermind group is usual and for free, even after the group is over.
Use the mastermind group to form relationships and communicate with your colleagues present on social media, and get to know each other outside the group, as you are not only making friends who can encourage and support you, but one day - sooner than you think - they may be able to support your career.
What do you expect from your mastermind group?
You may feel suspicious about the mastermind group, you may not achieve the desired goal, or you may feel afraid to do something new to alleviate these fears, and we will determine what you can expect from them and how they work:
1. Periodic Meetings
If you meet with a virtual group, expect the group to meet regularly once a week, for example, while mastermind groups meet on the ground once a month because it is difficult to set a date that suits everyone.
2. Meeting Structure
You may be wondering what exactly happens in a mastermind meeting. Virtual meetings are more likely to be held via a specific platform such as Skype, GoToMeeting, Zoom, or Google Chat.
Most of these tools are free, so you don't have to worry about extra expenses, and some groups even use the teleconferencing system. You can call from your phone, which is helpful because you can attend the meeting even if you are on your way somewhere.
Most mastermind meetings last an hour. The first 10 to 15 minutes are often reserved for members to share their achievements. You listen to everyone, and everyone who has succeeded during the previous week participates. Hearing everyone's accomplishments is an ideal start to the meeting and can help you feel motivated. It is also a way to link together and review the ideas of the past week because people's achievements are often directly related to problem-solving in the previous meeting.
After that, the meetings will usually move to the "main seat" model, and every week, one person will be in the main seat and discuss the problem they are dealing with or any idea they have and will put forward their opinions and comments and provide feedback. If you are in the main seat of a mastermind group, be prepared because others will be honest with you to the fullest extent and perhaps to the reach of cruelty. You may not feel that it is okay immediately, but in the future, you will probably be grateful because you took the advice of your colleagues.
When someone else is in the main seat, and you provide feedback, be as honest with them as you want them to be with you. It can be challenging to deal with your work problems when you are part of the work.
At the end of the main seat session, the group will discuss the goals or next steps to be achieved by the following week. That is the conclusion of the 10-40-10 model used by many mastermind groups, which includes 10 minutes to discuss the previous week's achievements, a main seat for 40 minutes, and then 10 minutes to summarize and set weekly goals.
One person will lead each meeting and monitor the time to ensure the group stays on track. Some virtual mastermind groups either record the call so anyone who missed the meeting can watch the video or send some core feedback via email to summarize the gathering.
3. Continuous communication
Mastermind groups are not limited to one hour per week, with almost every group offering a way for members to follow communication throughout the week.
Many groups use platforms like Facebook, Slack, or Basecamp to provide members with a private space to share. Group members can share their achievements throughout the week and tell other members if they cannot attend the next meeting or ask small questions that are not worth sitting for 40 minutes.
In conclusion
In this second part of the article, we conferred the importance of masterminds and what you should expect from your group. In the third and final part, we will mention tips you can follow to get the most out of your mastermind group.
Add comment