Mastermind groups are a growing phenomenon commonly used for problem-solving, inspiration and motivation. They are built on the foundation of trust, confidentiality and harmony.

Masterminds are based on the basic philosophy that more can be accomplished in less time by working together. Comprised of individuals who meet in an open, supportive environment on a regular basis, the mastermind groups sole purpose is to share thoughts, ideas, opinions and information.

Mastermind groups are generally a small group, usually 5-7 members, who come together to form a tight knit family of members. Depending on the purpose of the group, occasionally larger groups ranging from 25 -50 members may be beneficial. Regardless of the size of the group, the main goal and purpose is for group members to provide ideas, feedback, an open ear, resources and support.

Group members are motivated people who will brainstorm together to move the group to new levels. A group of people who brainstorm together can come up with more knowledge, know-how, inspiration, ideas, and insights, than you ever could alone. - which can vastly improve your business and personal life.

When Should You Join A Mastermind?

  • When you want to take your business to the next level.
  • When you feel overwhelmed, or stuck, in your business.
  • If you are facing challenges, or are not sure about which direction to take.
  • If you are not performing to your true potential.

Expanding and growing a business is a very lonely existence if you don't have a trusted group of advisors, mentors and colleagues to bounce ideas off.

What Will You Gain From It?

  • The collective experience, knowledge, and skills of all members.
  • Real progress in your business and personal life.
  • An instant and valuable support network.
  • Tips, secrets, shortcuts, and strategies for proven business success.
  • A dedicated team of peers who are as committed to your success as you are.

Mastermind Groups create a win-win situation for all participants. New friendships develop and everyone grows because of the support and encouragement of the Mastermind Group.

If you have never belonged to a mastermind group, now is the perfect time to join one.

Simply take some time to think about the goals you have and the determine the type of group that can help you get there. As well, be prepared to give back and to help support the other members as well.

Author's Bio: 

Karen Walker is a mindset and money coach, speaker, author, and trainer, who teaches attraction business & marketing strategies to conscious entrepreneurs who want to make 6-7 figures while working less & having fun! For free tips and resources on transforming your business, visit: Activate Abundance