Tag Archives: mastermind group

The Mastermind Group: What Is It and Why You Need It

If there’s one thing I strongly recommend people to be part of, it’s a Mastermind Group. Besides the fact that being part of a mastermind group makes it sound very evil and cunning, it should be part of everyone’s life who is in pursuit of wealth and success. Napoleon Hill mentioned the importance of a mastermind group in his book Think and Grow Rich.

Mastermind groups exist to bring people that have the same goals together, and to encourage them to work towards a common goal. They are not just for making money or for business! You can have dentists, artists, musicians, parents and singles (just to name a few) get-together on a weekly basis to discuss issues relating to their field or lives.

The groups can be anywhere from two members up to a dozen or more. The important thing here is who is part of the group: it is quality over quantity. You can’t just bring random people into your group and expect everyone to click. Bringing in friends, while it may sound like a greatidea at first, may not always work out in the end. A mastermind group is not a friendship group. Sure, you can be friends and be part of the same team, but the purpose of the group should be apparent from the beginning before you bring people in. You must all work towards a common goal, and only bring in people that realize the potential of being in such a group.

This website is the result of weekly gatherings and discussions taken place with a mastermind group. The group had a common goal: to bring thatmoneysite.com online for the world to see, and educate people on everything money. The creators of this site shared a vision and a passion, not to mention compatibility to work together.

In the upcoming weeks, I’ll be detailing more about mastermind groups, including steps and resources to help you build a solid team.