What is a Masterminds Group?

It’s a fact, the quality of the people you surround yourself with will have a profound effect on your life, your thinking, your business. What is your passion and purpose in life? Are the people you spend time with helping you achieve this? Your lifestyle will generally reflect the lifestyle of the people you have in your life. Here are some Success Strategies Tips from Hello Beautiful Ladies.

What is a Mastermind Group and how can it help you achieve your goals? 

A Masterminds group is the coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the spirit of harmony. Ben Franklin had a Masterminds Group and the two questions he asked the group were: “Who is thriving & why?” and “How might they be emulated?” Mastermind groups are relatively new to most people,  A mastermind group is designed to help you navigate through challenges using the collective intelligence of others.

How does a mastermind work? A group of intelligent like-minded individuals meet monthly or even weekly to tackle challenges and problems together. They lean on each other, give advice, share connections and do business with each other when appropriate. It’s very much peer-to-peer mentoring and if you are lucky enough to get invited to one, you will see a marked change in yourself and your business.

Here are 7 reasons why a Mastermind Group might be right for you:

You’ll be part of an exclusive community. Joining a mastermind typically involves you being invited by the members or going through an application process. The other members need you just as much as you need them, so the quality of experience and knowledge is crucial to all involved.

Advisement. Once you are involved in a mastermind, that feeling of “being alone” while running your business is gone. The other members of the group turn into business advisors of sorts and vice versa.

Collaboration is the name of the game. You may find someone in the group that is a perfect fit to work on a project with you. Or, you may be the perfect person to help another member as well. The group works together collaboratively, to achieve more together.

Extend your network. Joining a mastermind expands your network exponentially and rapidly. If you are in business, you know how important your network is. By joining a mastermind, you instantly add to your network and typically gain the networks of those in the group with you.


New learning. Everyone in the mastermind is unique in skill, experience and connections. By interacting and sharing your challenges, it’s almost certain that someone in your mastermind will have a solution for you and you may also be able to offer a solution, connection or tactic to help another in the group.

Cross-promotion. When you join a mastermind, you will most likely find ways to help each other by utilizing cross-promotion. Finding ways to help each other by promoting to your respective networks.

Think bigger. Being in a mastermind will truly give you a Master Mind! You can’t help but think bigger and stretch beyond your boundaries when surrounded by amazing people doing amazing things.

Masterminds are incredible and can do wonders for your business as well as for you, personally. Growing in a group is not only more effective, it’s quite a bit more fun!

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