MasterMind Group

A couple weeks ago I travelled to Boston and kicked off the most exciting project I have ever undertaken. I started a MasterMind group. I have been talking about doing this for some time and actually started marketing the idea almost a year ago.

It was while reading Napoleon Hill’s great book “Think And Grow Rich” about thirty years ago that I was first exposed to the mastermind concept. I will risk a gross over simplification by defining as follows; Whenever two or more people of like mind get together focused on a common issue, the value they create is greater than the sum of the individuals and that value increases exponentially as you add people.

I have thought for years that it would be exciting to get a group of business people together to form a Mastermind group to focus on building each of their businesses. This is not a unique idea of course. YPO has been incorporating something similar for the benefit of their membership and the North American Auto industry has had 20 Groups for years. I could hardly wait to be involved in such a group and having the opportunity to facilitate such a group really got my juices running.

The group we started in Boston has the added attraction of my having hand picked the members. As well as being successful business people already, each of the members of this group are people I have a personal relationship with. They all matter to me so this just makes the entire project even more appealing.

I am very pleased to report that the inaugural meeting surpassed even my expectations. Each of the members left the two day meeting inspired by what this group is going to mean to their business in the future. Our plan is to meet personally twice a year and have a conference call on the odd quarters and the overwhelming thought at the end of this meeting was that this schedule probably won’t be enough.

I know what an amazing difference this group is going to have both personally and professionally for each of the members. I can hardly wait for the next meeting.

I have had a fair amount of pressure from the Edmonton business community to start a Mastermind group here with members being from non-competing but different industries. I think I may just have to do that. After all; a guy can’t have too much fun in his life.

Oh by the way, you will notice that I have capitalized the second “M” in my MasterMind group. That’s just my way of adding my own personal touch to Napoleon Hill’s great idea.