It’s not a marketing funnel.
It’s not a group to pitch, up sell, or even network (although you end up with lifetime of deep connections).
It’s not a forum to post your random thoughts, rants, or favorite motivational video (cat videos included, if that moves you) like you do on your favorite WhatsApp, LinkedIn, or Facebook groups.
It’s not a virtual group to ease or communicate at scale like mailing lists.
It’s not a platform to like, comment, or share though it can very well be housed on a LinkedIn or a Facebook group.
A mastermind group is a gathering of 6-8 people (including the facilitator) who are single-minded and focused on helping each other succeed. Ideally, it’s great to have a single goal for the whole group but at times it’s okay for people to have varied goals.
The important thing for the members is to actively participate so that each individual benefits from the collective wisdom. That, right there — collective wisdom — is what makes a mastermind group so powerful.
So, the question, “why do we want to get on a call (when it’s a virtual mastermind group) when we can write down our thoughts on the forum and have people contribute if they can” is out of place. Because everyone has to help. There are no passive participants. All are active. It’s not optional but mandatory because nobody can be left behind. It’s not a workshop where you learn a new skill or clarify your thoughts on the existential crises you’re in. The group is for people who’re driven to succeed and have a clear vision of what they would like to achieve.
There are thousands of mastermind groups across the world. Most of them aren’t publicized and that’s deliberate. Who wants to give away the secret for their success and wealth? And if facilitated the right way, each and every member of a mastermind group wins. That’s precisely why the group has a limited number of people. It’s manageable and more person. And yes, of course, it may not work for everyone but that’s okay. Only folks like Henry Ford, Thomas Edison, Andrew Carnegie and the likes benefited from a mastermind group anyway.
Some Famous Examples of Mastermind Groups
I already mentioned that Andrew Carnegie attributed his entire fortune and success to his mastermind group. But there are many other famous examples of individuals achieving massive success from being part of a mastermind group.
In England, a mastermind group of writers and poets included CS Lewis, JRR Tolkien, Charles Williams, and Owen Barfield among others. Two classic works of literature emerged from this group: The Chronicles of Narnia and The Lord of the Rings.
President Theodore Roosevelt started a mastermind group during his presidency. Roosevelt was only 42 years old when he became president (the youngest age ever for an American president). He needed help working with many of the other politicians who were much older than he, and turned to his mastermind group for this guidance, support and help.
And finally, my favorite historical mastermind group was called “The Vagabonds.” It included Henry Ford, Thomas Edison, President Warren G. Harding and Harvey Firestone (founder of the Firestone Tire and Rubber Company).
I call this group my favorite, since collectively they achieved such amazing things.The Incredible Power of Mastermind Groups