http://geniusone.com/blog/can-you-commit/ Since two decades author and leadership consultant Frank Kanu helps top managers and executives to improve success ratios and productivity. Mon, 01 Dec 2008 17:54:02 +0000 http://wordpress.org/?v=2.3.1 http://geniusone.com/blog/can-you-commit/#comment-2924 Coleen Davis Wed, 21 Jun 2006 05:19:50 +0000 http://geniusone.com/blog/can-you-commit/#comment-2924 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.
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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