The Biggest Problem With Mastermind Groups

If you haven’t heard of them before, masterminds are groups that meet at regular intervals. Perhaps once a week, once a month, or once a quarter. It’s common for members to talk about their goals as well as things they’ve done in their businesses. It’s also common for members to encourage, and offer advice to others as well.

The thinking behind mastermind groups is that having others to offer outside perspectives on your goals as well as accountability is useful. The concept of masterminding certainly sounds good from this angle.

The big problem, however, is that mastermind groups usually consist of people either haven’t yet succeeded, or people that simply aren’t going to succeed. With this being the case, it’s not inconceivable how being in a mastermind group isn’t always as useful as it would first seem.

My recommendation to you is as follows… Start your own mastermind group and carefully select or filter those that are allowed to join the group. This will still give you accountability and brainstorming benefits of masterminds, without you having to receive potentially misguided advice or being annoyed that weaker members field advice without actually applying it.

By only allowing highly motivated, ambitious, and action-oriented individuals into the group, you can gain all the benefits of masterminds and expand your network with a fairly minimal time investment.