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Can You Commit?

In his book “Think and Grow Rich” Napoleon Hill describes mastermind groups. (Leaders Gain Valuable Insights Through Mastermind Groups)

Would you consider all teams at work mastermind groups? I think some are and others aren’t: It’s all about the commitment!

Look at the great many online networks which struggle to get offline networking events running. Look at BNI and the resistance of some to commit to a weekly meeting.

Napoleon Hill ask for at least two meetings in a week.

Yes, two.

At least.


How many (mastermind) groups and teams are you now still considering a mastermind group?

Are you willing to commit to at least two meetings a week? Even during vacation and holidays?

Have you ever considered a virtual mastermind group?

Do you think it makes sense to join one of the groups which charge to become a member?


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One other Opinion:

  1. Coleen Davis
    00:19 on Wednesday, June 21st, 2006
    When you talk about a virtual mastermind group, Frank, it seems to me that some people may be swayed by whether everything is virtual, or whether there are periodic conference calls, webinars, and online collaborative meetings in real time.

    Can you provide more detail about your question, Frank? Please tell us more about how you would implement the idea though. Who would be members? How large would the group be? What would the vision be? How would success be measured? What benefits would members realize? How would it be priced? What guarantees would be made?

    There seem to be two versions of mastermind groups, Frank.

    - In one version, the group is intended to help a single person, typically the leader who brings them together. The group basically provides the leader with coaching on business. In such a situation, it seems fair that the leader pays the group members for what essentially amounts to coaching.

    - In the other version, the leader brings the group together to help each other improve. If the leader defines the goals and handles the administration, organization, support, negotiations, contracting, and acquisition of tools, it seems fair to ask the members to pay for those tools and the leader’s time.

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