Is WA a Mastermind?

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You may have heard of the term "Mastermind" group, or people throwing the term around.

What is a mastermind group?

Wikipedia defines it as:

  • Two or more persons participating
  • Peer-to-peer mentoring
  • Problem solving
  • Input and advise

It is a "meeting of the minds," therefore Mastermind.

This concept was first mentioned in 1925 by author Napoleon Hill in his book The Law of Success, and described in more detail in his 1937 book, Think and Grow Rich.

Napoleon Hill, himself described a Mastermind as:

“A coordination of knowledge and effort, in a spirit of harmony between two or more people, for the attainment of a definite purpose. This form of cooperative alliance has been the basis of nearly every great success.”

Why should you care about a mastermind?

Napoleon Hill was searching for the secrets of highly successful people when he came up with his description of a mastermind group.

First and foremost, it is "people coming together."

Then "in harmony for the attainment of a definite purpose."

Therefore this 'coming together and meeting of the minds" creates the process of gradual or unconscious assimilation of ideas, knowledge, etc.

You will accelerate your journey towards success by...

"The simple but true fact of life is that you become like those with whom you closely associate with"


Personal development guru Jim Rohn describe the results of this association as:

“You are the average of the five people you spend the most time with.”

Humans are generally social, which means we will spend time with people, over coffee, dinner, watch a movie and so on.

However, we also invest our time with people. The investment of time with these people is a selective process. You need to ask for directions from people who know the way.

The wise person fortifies his or her life with the right friendships.

If you run with wolves, you will learn how to howl. But, if you associate with eagles, you will learn how to soar to great heights.

The Challenge Of Entrepreneurship

Entrepreneurship and Success is a journey of a thousand miles.

Who we meet along this journey will help us get there faster or slow us down.

If you associate with motivated, success-minded people who are focused on achieving and doing great things, those are the same people who will usually want to take you right along with them.

When you surround yourself with that type of energy, and you cannot help but be lifted higher.

"An entrepreneur cannot not thrive without continual support and inspiration"

In a mastermind group, we hope to relationships with others who will provide encouragement when you feel ready to throw in the towel, inspiration when you’re creatively tapped out, and a sounding board for your ideas, dreams and fears.

Adda Bimir says it best...

"One of the most important things I have learned is that businesses don't fail, entrepreneurs give up. Now sometimes, giving up is the right decision. But usually you just need to dig in and figure out how to make things better. Every day is a new opportunity to get up and do it better than yesterday!"

There are very few challenges in life where the journey can get lonely and tough, therefore the connections you make in a mastermind can be the key to pushing forward in times when others would have called it quits.

Exponential Growth

Success in entrepreneurship is a story of growth. Monetary results from the journey are often a result of these growths.

  • Changing our mindset and habits
  • Expand our perspectives
  • Increased Ideas and creativity
  • Develop our skills
  • Being more resourceful

"Most of the important things in the world have been accomplished by people who have kept on trying when there seemed no hope at all."

Dale Carnegie, who made the above quote is referring to the process of growth in trying harder, with different options like more ideas and new skills in their pursue of the goal.

When they arrive at success, they realized everything they have done was growing everyday in different ways so they could overcome the challenges along the way.

In a mastermind, you have an environment of support will encourage your and you will benefit immensely from varied perspectives and feedback.

Now, back to where we started...

Is WA A Mastermind?

What do you think? Share your thoughts and comments below...

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Recent Comments

54

Good post, Stanley. In a sense, WA is a mastermind group, because it has all the characteristics -- except one. It's a bit large to be a mastermind. We help each other with general problems that we all deal with, while in a mastermind a smaller group of us would be looking at each others' websites and discussing the ways to move them forward. Either or both types of groups are very helpful.

Thanks for your comments. That is a great point. Those are some elements of mastermind that don’t naturally exist in WA today.

Not in the true sense of a Master Mind
But the members of the community could very well collectively be
One
Tim

Yes, Tim. You are right if you are referring to specific problem solving focus. Here it is a looser community.

Well, I would like to be a member of a mastermind group, but I'm not a master in this myself yet. My 38 birthday was some days ago so I had a whole day thinking about my life, changes to make, etc... I don't have many friends anymore, but it is a choice, I want to communicate with eagles or the ones who are trying to become one. The few friends that I have are something similar to that but they are born wealthy and running the rat race, they are not interested in entrepreneurship, I feel that we don't have much in common anymore. I want friends in my life, but I would prefer if they were interested in entrepreneurship cause I never had friends with that interest, but that is what I am interested in...

That is great. The good news is WA is virtual so you are not limited by time and space. You have many friends here traveling on that entrepreneurship journey...

A good thought to ponder on! By Wikipedia definition - WA most certainly is a mastermind group. And it’s a good feeling that we are all a part of this mastermind group

Yes, indeed. Only this is an online, virtual group.

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