Masterminds, they sound cool and exciting, but when do you know that you’re ready to join one?
I’ve been running masterminds since 2015, and I’m personally in one for my business growth too. I’ve experienced the benefits, and exponential business growth first hand and my clients’ results include launching new side-hustles, online programs, adding new clients, new revenue streams, and hitting their income goals in half the time they anticipated.
Bottom line: masterminds are the BOMB when it comes to growing your business fast! (if you ask me :))
In this episode, I’m sharing how to identify when and if you need a mastermind. Ready? Let’s jump right in.
The five signs that indicate a mastermind is what you need to up-level in your business:
1. You’re gearing up for massive growth in your business
You’re implementing all sorts of new strategies, expanding your team and planning significant expansion. It’s new territory; you don’t have many or maybe ANY business friends who are at this level of business. And you’re facing all sorts of new challenges. Having support and accountability from like-minded people get where you’re at or are a little further along in their business would massively help you figure out the right path to hit your goal faster.
2. You’re doubting whether you’re prioritizing the right stuff to grow your business
There are all sorts of roads that may lead to success… or dare we even say it: failure. Which one of the options at hand is the right option to achieve your business success, faster and smarter? The collective intelligence and experience of a curated mastermind group helps you brainstorm the best business strategies and gives you hardcore advice to work smarter while speeding up your results.
3. You’re facing new challenges in your business
Congratulations you did it, you officially grew to a new level in your business! But now you’ve got some new hurdles, like who to hire first, or perhaps you have to restructure your team and fire some people. There are lots of growing pains that come with business growth, and when you have a mastermind group who has your back, you’ll be able to overcome all these problems with more ease and confidence.
4. You’re feeling isolated and lonely
You have all these fantastic ideas, and amazing things are happening in your business, but there’s no one who you can call to bounce ideas off of or who can genuinely rejoice in your success and understand your entrepreneurial journey. Mastermind buddies are THE best people to celebrate, be vulnerable with or bounce ideas off of because they get you! They know you inside out because they live a parallel life to you in their business.
5. You’re struggling to focus and stay grounded on your way to your goals
Most entrepreneurs have shiny object syndrome – which is a beautiful gift when it comes to creating new and exciting programs and products, but it seriously blows and throws you off track when you’re trying to stay focussed and finish a project. Mastermind friends keep you accountable, they hold you to your mission and your ultimate goal and can call you out on your BS when you go astray.
Stay tuned for my next post featuring the two most common objections about masterminds and how it’s killing your business! Subscribe to the newsletter and get your million-dollar mindset cheat sheet below!
Interested in joining a mastermind?
Check out The Up Level League, the mastermind that’s bringing focus and accountability to business development and helping business owners uplevel their leadership skills.