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Mastermind groups are very powerful and easy to run

By: Lanny Morton

A mastermind group is a fantastic tool for success and creates a group of like minded people that support each other. The group becomes a sounding board for ideas and acts as a personal advisory board.

The number of people to start a group with may vary. I would avoid groups that are too small (1-4 people) and start with at least 5 or more. 8-13 is an ideal number and prevents group disintegration caused by people moving or losing interest.

People seem to attend the mastermind group meetings more often and with better regularity if they are held at the same place and at the same time each week. People are very habitual, use this to your advantage.

Library meeting rooms are a great place to hold a meeting. Any place you choose, be sure that it is a quiet place with very few distractions. Houses are ok, but turn the phone off and keep the kids locked up.

The initial mastermind group meeting should give an overview of what is to be expected for the meetings. It should also establish the ground rules of how the process works. People should be encouraged to show up every time unless of an emergency or something unavoidable.

I recommend starting the mastermind group with a 10 week study on the book Think and Grow Rich by Napoleon Hill. This book really lays a great foundation of principals of success. We have had incredible success with groups using this book and creating amazing results.

The time the meeting should last should be at least an hour and not to exceed 1 1/2 hours. Prevent one person from doing all the talking and keep the conversation moving using everyone at the meeting for different ideas.

The more you give, the more you get. Each person should come to the meeting with a spirit of giving. It makes it so you have 10-12 people giving to you in your life at all times. Be about other people and the value you create will be tremendous.

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Lanny Morton was taught by Bob Proctor to facilitate Mastermind Groups. He was seen in national magazines, television and print. Sign up free to begin a Mastermind Group in your area.

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