A mastermind is a group of like-minded business owners who come together to talk about business growth, brainstorm new ideas and generally support one another professionally and personally.
My own mastermind group has been a catalyst for my own growth as an individual and coach, and something that I’m dedicated to continuing indefinitely. I know that surrounding myself with people who are also trying to get better and be better pushes me just a little bit more, helping me to be the best version of myself.
I was invited to a mastermind group by my mentor coach a while back. She was looking to gather others who are about in the same place in business and could push one another further. We meet virtually a few times a month and talk about challenges and wins and bounce ideas off one another.
Everyone in my mastermind group is a Beachbody coach, which might sound odd to you. After all, we’re all looking to grow our teams and add customers to our lists. But the reality is that no matter what industry you’re in, there are customers for your product and service who might be a good fit for you–and others who aren’t.
For example, I tend to attract a lot of women to my own team who are in their 40s and 50s and have older kids–just like me. But other coaches might attract young moms or single women because they’re younger coaches and have a different mindset about coaching in general.
I’m a firm believer in community over competition and I love to see my mastermind sisters succeed and grow–and I appreciate that they’re looking out for me and my growth too. When I’m having a tough day, I know I can reach out to anyone in the group for a pick-me-up and pep talk. And when I have a great win, I know just who to celebrate with.
Masterminds are also great for accountability, something that’s been invaluable in my experience. My group has read and talked about a number of business books together and we share our progress and goals regularly, keeping us all on track. And if we don’t report in on our goals? Someone will call us out to ensure we do!
No matter what kind of business you’re in, I highly recommend getting together with a group of business friends to form a mastermind group. As you get started, decide what the format will look like and what the expectations are of each member. (What happens if you miss a meeting or two? Should each member plan a presentation to teach something to the rest of the group?)
If done right, a mastermind is a game-changer for your business and for you personally. Get ready for some growth and development!