The worst thing you can do for yourself, your business and the mastermind group, you’re looking to join, is to enroll and then realize it was the wrong move for you and your business.
Masterminds are not a quick magic fix/magic bullet:
Masterminds are not silver bullets (and nothing in life or business is). So if you’re joining a mastermind thinking that it will magically fix everything in your business overnight and turn you into a massive success, don’t bother.
Masterminds work well because it helps people to show up consistently, keep them focused, ups their accountability, and provides them with concrete feedback that will cut down on the time it does take to achieve goals. But you still have to do the work. Which brings us to the next point…
You get out of a mastermind what you put into it:
Like anything in life: you get what you put in. If you are not ready to show up prepared with specific goals and takeaways that you want to get out of your membership or out of every meeting. Then a mastermind is not the place for you. Masterminds are about you showing up contributing to the group as well as asking for support. In the four years that I’ve been running masterminds, the people who got the most results from the program were those who made the mastermind meetings a priority. They showed up ready to engage and receive every single time.
What are your business objectives?
Be specific. What are the goals of your business? What do you want to achieve? Make sure that your goals and that of the mastermind match up. And be sure that you look for a group that has a specific focus, beyond accountability and business growth.
In my experience when you simply join a mastermind that promises vague objectives you’ll end up with less focus, structure and vague results. (Trust me on this one – I’ve been in masterminds like this and I’m also sorry to say that I learned this lesson the hard way when putting my own groups together in my earlier years of running masterminds.)
That’s why the Savvy Business Masterminds today have clear objectives with a defined mission: The Savvy Business Masterminds is a network of ambitious entrepreneurs whose mission is to grow their companies, while transforming to savvy CEOs, working with more ease and intention. In our community we heavily focus on helping you to stop overworking, making more money – working less.
Know how you learn best:
If you know that you like collaboration, contribution, connecting and receiving feedback in a group format then masterminds are the perfect place for you to be. And you don’t have to be an extrovert to thrive in a mastermind (I’m an introvert and love being challenged by the group to be more visible and lean in.)
If group things are not for you and you don’t enjoy group settings then I’d recommend that you look into hiring a business coach to work with you privately.
You don’t vibe with or respect the moderator:
What you’ll get out of the mastermind heavily depends on the moderator and their ability to put a great group together. Therefore, it goes without saying that it’s very important that you like and respect the organizer/moderator of the mastermind group. On this one, it’s very important to trust your gut. If you don’t vibe with them do not join the mastermind group.
Masterminds hold amazing potential to help you expand your business and your network but in order for you to reap all the benefits, you have to make sure that it’s the right fit for how you work and also be prepared to show up fully present and do the work!