Do You Have The Power Of The Mastermind? - TAGR Chapter X

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Can you imagine that this chapter is only just over a short 6 pages long? Yet it exudes power. It;s premise is that POWER is essential in the accumulation of money.

Napoleon Hill defines this power as, "Organized and Intelligently Directed Knowledge!"

Not only is power necessary for the ACCUMULATION of money, but it is also required for the RETENTION of money!

Sources of Knowleege

There are 3 sources of knowledge:

  1. Infinite Intelligence - acquired through creative imagination
  2. Accumulated Experience - available in sources like Wealthy Affiliate
  3. Experiment & Research - newly developed knowledge that didn't exist before

It is virtually impossible for any individual to accumulate knowledge required to achieve a specific goal by themselves. By collaborating with one or more other individuals who have knowledge they do not possess, is what generates this power.

The Importance Of The Mastermind

Chapter 10 states it this way:

No two minds ever come together without creating a third, invisible, intangible force which may be likened to a third mind.

Anyone who has been extremely successful in accumulating money, or achieving goals that require money, they have either consciously or subconsciously employed the Mastermind Principle.

Examples Of The Power Of The Mastermind

Since this book was written in the first half of the last century, the examples may sound historic. Consider transposing these stories to individuals we know today who have become extremely successful and in the process accumulated great wealth.

Henry Ford was handicapped by poverty, illiteracy and ignorance. Yet he became one of the richest men in America in his time. He surrounded himself with people who had the knowledge he lacked to create his automobile manufacturing company.

Mahatma Gandhi accumulated stupendous power "through inducing over two hundred million people to coordinate, with mind and body, in a spirit of harmony, for a definite purpose." This action resulted in India gaining its Independence from Great Britain.

Both these individuals used the power of the Mastermind to achieve their goals. Ford accumulated wealth. Gandhi achieved a miracle of VISION!

Riches & Poverty - The Incredible Connection

I found it thought-provoking how Riches and Poverty were compared.

Mr. Hill stated that money is shy and illusive. It has to be wooed like a woman in a romantic pursuit. To succeed that pursuit must be mixed with faith, desire and persistence and applied through a well-thought-out plan set out into action!

Achieving success and wealth is a powerful result of POSITIVE EMOTIONS!

In contrast, poverty needs no plan to take root. It is bold and ruthless. Likewise, poverty is a powerful result of NEGATIVE EMOTIONS!

Think about these statements for a moment. Quite profound don't you think?

When one tries to achieve success alone, when roadblocks arise, that is when negative emotions raises its ugly head.

However, if you are connected with a mastermind group, you have the power to use the knowledge of the mastermind to generate positive emotions to overcome the roadblocks and succeed.

Our Mastermind at Wealthy Affiliate

Can you see where I am heading? As members of Wealthy Affiliate, we are connected to a mastermind through the members here.

When we have a problem, the training encourages us to ask questions and discuss it with other members who could provide solutions. Try going it alone could lead to despair and failure.

Admitting one doesn't know something is a good thing. It doesn'e mean you are a failure. But it does mean you are smart enough to know what you do not know and need to get the right information to move forward with your plans.

Even with all the training we get at Wealthy Affiliate, there is ample proof that often the answer to our questions lies in the EXPERIENCE of other members who had grappled with that same problem earlier in their development and found a solution they are happy to share with you.

There you have it. The Power Of The Mastermind.

As members of Wealthy Affiliate, we all have this power. The only conclusion I can see is, if we fail to achieve our goals, it is because we quit before using this power effectively in the pursuit of these goals.

Is This Book Study Helping You?

It is hard to imagine how far we have come with this book study. Are you speaking your goals and how you plan to achieve them twice every day with conviction? This is paramount to program your mind to do the right things right, consistently.

If you have slackened in this activity, don't despair. It is never too late to resume this critical action. You could be one of the lucky ones who are already doing the right things right things right, consistently. If so, you should be well on the path to achieving your goals. You can be proud of that.

However, if you are not, then it is critical to remind yourself frequently what got you excited when you started the Wealthy Affiliate Program and the resolve you made at that time to take consistent action to achieve your goals.

Here i the link to my original post where I have placed links to all the prior chapter reports for easy reference:

Think and Grow Rich - It Could Be Worth A Million Dollars To You!

Please share examples of how your mastermind group is helping you to achieve the plans you originally made. I would also love to know if you have been following this book study and how has it been helping you in executing your business building plans.

I wish you much success in your affiliate marketing journey.

Cheers.

Edwin

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Recent Comments

21

As usual, good post, Edwin. I do feel we are very fortunate to have our wonderful community to turn to when things get dodgy. I have been most grateful for their help many times.

The book study is great; also, I've been reading my affirmation morning and night, and listening for the suggestions from the Universe. Sometimes I am not sure whether I am supposed to act on something or not, but trying to push ahead and see what things are of benefit.

I'm still thinking I need to reorganize my whole website, and am trying to figure out the best way to progress.

It looks like I'm a chapter behind, so will see if I can catch up this week.

This chapter has caused me to stop in my tracks and give my goal (s) serious consideration.

Yes, I’ve written a list of goals and how I intend to achieve them and read them aloud at least once each day but after reading this chapter I feel these goals need a little tweaking. I need a clearer definition of what it is exactly I want to do to become financially independent.

This is important for several reasons but primarily this: if I am to surround myself with a “Mastermind” group, what is it exactly that I need these people to do for me? What is the end goal?
What knowledge, skills and abilities do I possess and what do I lack?

I am aware that it is impossible to achieve my money goals alone.

This is why, once again, I’m returning to the goals I have written in an effort to come up with one, over arching goal. Once I've achieved this, I will be able to define the the specific types of people (outside the WA community) that I need to include as part of my personal mastermind group.

Henry Ford wanted to make a car that would make travel easier.

Andrew Carnegie wanted to make steel to build large, strong buildings, bridges, etc.

I want to _____________.

Once I fill in that blank I feel I will be a couple of miles closer to achieving my goals.


Susan

Hill states that power is essential and required for the accumulation of money. Power is defined as “organized and intelligently directed knowledge” using effort to transmutate desire into a monetary equivalent. My equation from that statement: Power + Desire = $.

Here at WA we are provided with (almost) infinite intelligence. As we learn and apply this, we use that to convert our power and desire into money.

I believe that WA is a mastermind group, where we do benefit from many sources of knowledge. I also believe that this book group is also a mastermind group; providing insights and harmony to promote thoughts and actions. That is why I read all the posts from everyone in this group. And contribute my thoughts so that I may benefit from responses.

I am also blessed because I have a close friend who discusses the book with me which helps my understanding to deepen. Our combined effort becomes a power in itself to further our plans.

Yes, I repeat my goal daily, 2x a day. I realize that I must do this to stimulate my mind to give me power. With that power and my desire, I will achieve my goal.

Thanks again for your leadership in this endeavor, Edwin.

And here’s to everyone achieving their goal!

Barb

Power + Desire + Proper Direction or Destination + Readiness of the Business to deal with clients and events = Could mean $.

Power and desire may not be enough. A Navy vessel with all the raw power for propulsion and the desire of the crew will still need to know how to deal with running a ship, dealing with storms and receiving the goodies when they show up...and yes where to go.

Great post Barb!

Joe

Right you are! Thanks for your wisdom.
Barb

You got the right idea Barbara. Joe provided some great logic on the topic of power.

Power needs to be directed in the direction we want to go. Sometimes the power we have gets dissipated in different directions that tend to get us lost.

Being consistent doing the right thing always wins out. And that is where we need to direct out power towards.

It's not easy. But we can make the journey exciting and fun!

I really appreciate you being consistent with this book study. You are helping me a lot too.

Cheers.

Edwin

Thanks for saying I am helping you, because I feel I am getting so much from the book, your posts and the discussion. Which is what I think is the mastermind of this experience. I want to stay involved to get the most out of this.
Barbara

Looking for the Mastermind within Wealthy Affiliate where the group will look into each other's websites, evaluate them and make recommendations. It is understood that the evaluators will have achieved a degree in knowledge and expertise to be able to intelligently analyse a website for its effectiveness.

I have found some companies, websites out there that claim to do the evaluation of sites but...I do not know how effective they are.

So, if a website evaluation group is not available here within WA, would it be a great idea to come up with one as a group and as a Mastermind effort?

Thanks!

Joe

... hey Joe ... fyi ... Jay does a 'Hot Seat' session each quarter ...

he usually gets a 100+ applicants and chooses a handful randomly to present during a Friday webinar ... once a season ...

it takes quite a bit of effort to pull it together ...

and for a Mastermind group ... WA has the Site Feedback mechanism ...



Hiya, Joe

Jay is defo a mastermind. You have everything you need here., Jay is our Live Trainer. Here is his profile. https://my.wealthyaffiliate.com/magistudios
Debs :)

Good suggestion Debs.

Edwin

Hi Joe,

The only place where site feedback is formalized is in the Site Feedback in the Website section.

However, if one asks for feedback, the member who may receive the request may not have the experience to give a worthwhile feedback report.

May I suggest looking for members who you think would be able to give feedback to you and contact them individually to do that. I don't think that this will meet the WA rules. I'll have to check out with Kyle.

Thanks for commenting.

Edwin

Does Jay have the staff and capability to EVALUATE all the websites that are being cranked out by all WA's members before allowing these websites to get published?

Going through the training does not guarantee, despite following the training the best that we can, that all the pre-requisites and qualities needed will be done by individuals. Some kind of a group-wide (WA Premium Members) WEBSITES EVALUATION/certification entity would be nice to have.

So as websites are under development, they should not be published...yet...till they get certified ready to go out on the road.

I mean, I am not suggesting that this could be easily done. But I keep going back to the question: How Would I Know That My Website is ready for 'prime time' since my website has had no evaluation done by an EXPERT.

Thanks for your comment Debs. I truly appreciate your feedback.
Hopefully this helps a lot of us crank out web-ready, market ready websites.

Joe

Hello there Edwin!

I suppose I am hoping to see EVALUATORS/ie examiners similar to perhaps examiners at DMV where we get evaluated individually by going behind the wheel. In our case, our websites will get evaluated by EXPERTS/QUALIFIED evaluators before being published.

As it is, we have the trigger ourselves to declare 'published' where we may not know that the website may not be truly ready for publication and be effective. So a lot of websites are out there floating around getting blown by the wind, not EQUIPPED to sail the seas!

The result being, we are going to keep hoping that the site will do what it was hoped to do. That is not approaching it very intelligently but it looks like we are hoping to do it right. It could take years to find out we screwed up... I mean I am seeing that for myself.

Rookies cannot evaluate their own websites that need to get done by EXPERTS.

As far as seeking the help of the more advanced Members within WA for this kind of assistance, would be sweet if WA itself has a list of those experts, CERTIFIED by WA to be experts, who will offer their services even for a fee to those who need their expertise in evaluating websites.

Thanks for the feedback!

Joe

Thank you Edwin, great post, I have been reading the book and your post on it.

cheers
karonama

Thank you Karanoma.

Edwin

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