3 Reasons You Need a Mastermind Group to Reach Your Goals

You’ve probably heard that you need a mastermind group to achieve success.

But what is a mastermind group, and why do you need one?

I’m going to break down the three reasons you need a mastermind group to reach your goals and give you some tips on how to find the right one for you.

Like most people, you want to achieve success but don’t know how. That’s where a mastermind group comes in.

So let’s dive in!

1. A MASTERMIND GROUP CAN HELP YOU STAY ACCOUNTABLE TO YOUR GOALS 

When it comes to reaching your goals, accountability has a considerable impact. A study by the American Society of Training and Development found that you’re 65% more likely to achieve your goals if you share them with someone. Even more – the chances of you reaching your goals jumps to a whopping 95% when you have ongoing check-ins on your progress! This works for all different industries worldwide and has a huge impact on your personal and professional life.

A mastermind group is a group or inner circle of like-minded individuals working towards similar goals. This means you can give and receive support, advice, and feedback to help your fellow group members reach their goals. This can be done virtually or in person, as long as two or more people are involved in the group.

It is a collective, an invisible, intangible force that successful people worldwide swear by. If you’ve ever heard of Napoleon Hill or read Napoleon Hill’s book, “Think & Grow Rich“, you know that he attributes mastermind groups as a KEY factor in achieving success.

Personally, being part of a mastermind has helped me generate creative ideas, stay accountable to my goals and achieve them! It’s a great feeling to know that the mastermind group members are cheering me on as I reach my goals in my business and personal life.

2. A MASTERMIND GROUP CAN GIVE YOU ACCESS TO A WEALTH OF KNOWLEDGE AND EXPERIENCE 

There is so much information out there! It’s hard to know what’s good and what’s not, and it can be overwhelming to filter through everything. You know you CAN reach your goals because you see other business owners doing what you want to accomplish, and sometimes you feel like the only person who isn’t “getting it.”

A mastermind group can help you with this because your group members will have a wealth of knowledge and experience that you can tap into. You meet regularly with a definite purpose instead of going by trial and error.

For example, if you’re launching a new offer, there are many moving parts, from the technical to the creative side. It can be helpful to have a small group of supportive colleagues you can rely on to give you advice and valuable feedback and stop you from changing everything on your entire website for no reason.

You don’t have to do it all alone – you can lean on your mastermind group for help!

Having this supportive group in your back pocket can help you gain tremendous insights and boost the confidence you need to take your business to the next level.

This way, a mastermind group can help you save time and money!

Trying to figure out everything on your own can be a huge time suck…and it’s not guaranteed that you’ll find the right answers! We’ve all watched a free video tutorial and still had no idea what to do next.

The ideal mastermind group brings the knowledge and experience of the group members, which can save you a lot of time and money in the long run.

3. A MASTERMIND GROUP CAN PROVIDE EMOTIONAL SUPPORT AND ENCOURAGEMENT

 As an online entrepreneur, it can get lonely sometimes. We’ve all felt like this one time or another – and it’s nothing to feel ashamed of. Regardless of how supportive your friends and family are, they just don’t “get it” – let’s be honest!

It’s important to have a solid support system, and a mastermind group can provide that for you.

In a mastermind group, you’ll find people who understand what you’re going through because they’re going through it too. You can lean on each other for emotional support and encouragement when things get tough.

It’s great to know that you’re not alone in this journey!

WHEN YOU’RE CONSIDERING A MASTERMIND GROUP, THERE ARE A FEW THINGS YOU SHOULD KEEP IN MIND.

First, make sure that your group members have similar goals and values. Do they have a business plan, or are they figuring it out as they go? Are they taking steps daily to grow their business, or are they just “seeing what happens”? Who is the mastermind group facilitator? Who are the other members? Will it be in person or on a video conference? Are there accountability structures in place?

Asking these questions helps ensure everyone is on the same page.

Secondly, make sure you’re ready to commit. Mastermind groups require time and effort from all members to succeed.

Finally, don’t expect a mastermind group to be a group coaching program or a course. Mastermind groups are about collaboration and support – not one-way learning.

If you’re looking for accountability, knowledge, and emotional support in your business journey, a mastermind group may be right for you!

MORE REASONS TO JOIN A MASTERMIND GROUP

Ok – so we’ve talked about the 3 MAIN reasons joining a mastermind group can help you reach your goals. There are so many more benefits that mastermind groups offer like:

• – Increasing your referral network to get new leads
• – Improving your decision making
• – Tapping into the master mind principle (the third mind) that Hill describes in his book
• – Generating creative ideas
• – A sounding board for exploring new possibilities or problem-solving
• – Getting ideas from people with different perspectives
• – Increased confidence and motivation
• – Guest speakers and experts
• – Having people be the devil’s advocates to find obstacles you may not have thought of
• – Learning about what software, systems, or products other people are using to grow their business
• – Support for personal issues that you can’t get from bigger groups
• – Referrals to service providers like copywriters, web designers, and virtual assistants
• – The list goes on and on!

Remember, the people you surround yourself with have a big impact on your life, so it’s important to choose wisely.

Don’t be afraid to invest in yourself! Mastermind groups can range in price, but the investment is worth considering all the benefits.

A mastermind group can be a game-changer for your business – but only if you’re ready to commit and do the work. This isn’t like those other groups or free online communities where everyone shares what’s happening. This small group based on Napoleon Hill’s Think and Grow Rich is a key piece of creating the success you want to see in your business and personal life. Your mastermind partners are a big part of creating success in your business and theirs.

Think about it…if you could have a group of people cheering you on, giving you advice, and helping you grow your business – wouldn’t you?

If you don’t have the time or energy to start a mastermind group or don’t want to facilitate or create your mastermind group, there are many groups to choose from – the trend is growing worldwide!

I’m so excited to tell you about my Mastermind group, the Income Accelerator. It’s an online group of committed wellness professionals that meet twice a month over Zoom.

This program has not been offered to the public until now!

Over the last 6 months, a select group has been in “beta” to ensure it has everything you need to grow your online wellness business.

The Income Accelerator Mastermind Group is a committed collective of like-minded health professionals ready to support your success journey.

This is your opportunity to join a mastermind group committed to supporting you as you grow your business and make a more significant impact in your community.

Why did I create this mastermind group? Short answer? Because I know how much of an impact joining a mastermind group has had on me and the members of Income Accelerator and my other mastermind groups. The third mind principle works.

In total honesty, I wouldn’t be where I am today without the groups of people I have been involved with to push me forward when I got stuck.

To learn more about the Income Accelerator, click here. I hope to see you inside!