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Casual Articles - Your Mastermind Group - What, You Don't Have One?
I did exactly what the magazine wanted me to do. I bought it solely for an article featured on the cover. But when I got it home and started searching for the piece I wanted to read, I couldn't find it. The headline drew me in, but hidden behind other features was an article with a different title that sort of, kind of, talked about the topic. I felt cheated.I feel cheated sometimes at work, too. There are people who make claims they can do this or that or boldly state they've already done it. But when you dig deeper into the specifics, you discover they're "big hat, no cattle" people. Living in Montana, a state where hats and cattle mean something, I say forget the hat and g
Wouldn’t you like to be able to tap into that any time you wanted!
Your Own Peer Mentoring, Business Mastermind Group
Some people find they prefer a live meeting format for peer mentoring and the following is what I suggest to ensure success for everyone concerned:
• Meet once each week – any less and you’ll find people dropping off, lagging, or just not doing what they committed to doing.
• Be specific about what you actually want from the group and elect someone to ensure all discussion stays “on point”.
• Keep records so that you can see whether real progress is being made or whether that is merely wishful thinking.
• Be strict about action points. Schedule them a
I see many potential employees turning up for their interview with a beautiful array of qualifications, displayed in various ways.The fact is, I want to know about the person behind the qualifications, what drives them to get up in a morning, what do they do on their day off or weekend. These insights to what a person is really like will help me as an employer, understand how ambitious and motivated they are to finish their training. If you can portray how serious you are about not only learning your hairdressing skills but perfecting them, these are some of the terms I want to hear from potential employees.The only thing or the main thing that has driven my hairdress
Only 5% of businesses survive past 5 years. Almost no women make it to CEO in their company. What is the one thing that successful businesses, and successful executives, have in common?
Mentoring.
But how many small business owners, how many female executives, can actually find a high-flying mentor to smooth their way, lead them through the shark-infested waters of today’s business world? It’s not easy and it’s probably not the best solution anyway.
This report explains the nuts and bolts benefits of mentoring, and discusses why peer mentoring in a mastermind group, a simple process to organise and benefit from, is in most cases vastly superior anyway.
Business Mentoring is Not the Same as Coaching
Many people benefit from personalised life or business coaching, appreciating the individual time spent with a coach who is able to guide them in achieving greater levels of satisfaction from what they are doing.
Business mentoring, on the other hand, is not so much about you as about your business or role. In business mentoring, you want to deal with the nuts and bolts of running the business so that you maximise profit, by working smarter not harder, and by minimising mistakes and wasted effort.
Benefits of Business Mentoring through Your Mastermind Group
A good mentor is someone with extremely deep and broad experience and expertise in your industry. Such a person can quickly facilitate your own knowledge and expertise, with a strong focus on strategic thinking. Having an “expert in your pocket” helps ensure success and dramatically decreases risks.
Case Study
Paul was an experienced accountant and had run a sole practice for 15 years. He considered himself to be successful because he had all the clients he could handle. However he wanted to grow and realised that to do that quickly and yet safely, he needed expert help.
Barbara, a senior partner of a major accounting firm, became his mentor. She guided him through strategies to both build staff and win business, including monitoring systems to ensure good quality control.
Without Barbara’s help, Paul could not have proceeded to his “end game” which was the point at which he could actually work on his business instead of in it.
Why Peer Mentoring Beats Individual Mentoring, Hands Down!
Late in the ‘80’s, when I did my TQM and Quality Systems training, one thing that really rocked me was the ability of a group to outperform just about any individual. Our instructor pointed out that even in the SAS, even in survival situations, a person in a group had a better chance of living than any individual, regardless of experience or level of knowledge!
And when you think about it this does make sense. An experiment we often run with our groups is to do a count of the number of years of combined business experience in a room. Quite often, especially when you throw in the baby boomers, it adds up to over 250 years of impressive experience of all kinds of businesses and business situations.
Wouldn’t you like to be able to tap into that any time you wanted!
Your Own Peer Mentoring, Business Mastermind Group
Some people find they prefer a live meeting format for peer mentoring and the following is what I suggest to ensure success for everyone concerned:
• Meet once each week – any less and you’ll find people dropping off, lagging, or just not doing what they committed to doing.
• Be specific about what you actually want from the group and elect someone to ensure all discussion stays “on point”.
• Keep records so that you can see whether real progress is being made or whether that is merely wishful thinking.
• Be strict about action points. Schedule them an
I would acknowledge the author of this tale I am about to tell about company policy if only I know who wrote it. It is one of those stories that you see handed out at training courses or published on the internet without a hint of who the author was.The story begins...."Start with a cage containing five monkeys. Inside the cage, hang a banana on a string and place a set of stairs under it.Before long, a monkey will go to the stairs and start to climb towards the banana.As soon as he touches the stairs, spray all of the monkeys with cold water.After a while, another monkey makes an attempt with the same result; all the monkeys are sprayed with cold
Many people benefit from personalised life or business coaching, appreciating the individual time spent with a coach who is able to guide them in achieving greater levels of satisfaction from what they are doing.
Business mentoring, on the other hand, is not so much about you as about your business or role. In business mentoring, you want to deal with the nuts and bolts of running the business so that you maximise profit, by working smarter not harder, and by minimising mistakes and wasted effort.
Benefits of Business Mentoring through Your Mastermind Group
A good mentor is someone with extremely deep and broad experience and expertise in your industry. Such a person can quickly facilitate your own knowledge and expertise, with a strong focus on strategic thinking. Having an “expert in your pocket” helps ensure success and dramatically decreases risks.
Case Study
Paul was an experienced accountant and had run a sole practice for 15 years. He considered himself to be successful because he had all the clients he could handle. However he wanted to grow and realised that to do that quickly and yet safely, he needed expert help.
Barbara, a senior partner of a major accounting firm, became his mentor. She guided him through strategies to both build staff and win business, including monitoring systems to ensure good quality control.
Without Barbara’s help, Paul could not have proceeded to his “end game” which was the point at which he could actually work on his business instead of in it.
Why Peer Mentoring Beats Individual Mentoring, Hands Down!
Late in the ‘80’s, when I did my TQM and Quality Systems training, one thing that really rocked me was the ability of a group to outperform just about any individual. Our instructor pointed out that even in the SAS, even in survival situations, a person in a group had a better chance of living than any individual, regardless of experience or level of knowledge!
And when you think about it this does make sense. An experiment we often run with our groups is to do a count of the number of years of combined business experience in a room. Quite often, especially when you throw in the baby boomers, it adds up to over 250 years of impressive experience of all kinds of businesses and business situations.
Wouldn’t you like to be able to tap into that any time you wanted!
Your Own Peer Mentoring, Business Mastermind Group
Some people find they prefer a live meeting format for peer mentoring and the following is what I suggest to ensure success for everyone concerned:
• Meet once each week – any less and you’ll find people dropping off, lagging, or just not doing what they committed to doing.
• Be specific about what you actually want from the group and elect someone to ensure all discussion stays “on point”.
• Keep records so that you can see whether real progress is being made or whether that is merely wishful thinking.
• Be strict about action points. Schedule them a
Many business owners or people who are about to start a business have idealistic views about their new venture. People who are experienced in business know that there are some basics and some fundamentals that you must get right if you are to succeed. This article outlines a list of "Street Smarts" which have been distilled from the knowledge and experience of many successful business people. Read them carefully!1. The fatal mistake of many business people – thinking that because they are a good mechanic, baker, accountant, that they understand what it takes to run a mechanical business, bakery business, accountancy business. The most important skill for any business person i
Case Study
Paul was an experienced accountant and had run a sole practice for 15 years. He considered himself to be successful because he had all the clients he could handle. However he wanted to grow and realised that to do that quickly and yet safely, he needed expert help.
Barbara, a senior partner of a major accounting firm, became his mentor. She guided him through strategies to both build staff and win business, including monitoring systems to ensure good quality control.
Without Barbara’s help, Paul could not have proceeded to his “end game” which was the point at which he could actually work on his business instead of in it.
Why Peer Mentoring Beats Individual Mentoring, Hands Down!
Late in the ‘80’s, when I did my TQM and Quality Systems training, one thing that really rocked me was the ability of a group to outperform just about any individual. Our instructor pointed out that even in the SAS, even in survival situations, a person in a group had a better chance of living than any individual, regardless of experience or level of knowledge!
And when you think about it this does make sense. An experiment we often run with our groups is to do a count of the number of years of combined business experience in a room. Quite often, especially when you throw in the baby boomers, it adds up to over 250 years of impressive experience of all kinds of businesses and business situations.
Wouldn’t you like to be able to tap into that any time you wanted!
Your Own Peer Mentoring, Business Mastermind Group
Some people find they prefer a live meeting format for peer mentoring and the following is what I suggest to ensure success for everyone concerned:
• Meet once each week – any less and you’ll find people dropping off, lagging, or just not doing what they committed to doing.
• Be specific about what you actually want from the group and elect someone to ensure all discussion stays “on point”.
• Keep records so that you can see whether real progress is being made or whether that is merely wishful thinking.
• Be strict about action points. Schedule them a
Some interesting survey statistics have shown how many people are unhappy at work. This has prompted me to return to an old theme. Under the title mid-life crisis the statistics revealed that of those over age 40 who were surveyed the fear of failure was what kept them unhappy.25% said they would not move from their present job for fear of failure. Yet in the survey 66% said they were miserable in their work while 52% said they would sacrifice higher earnings for a job that made them feel better about themselves.The UK national average of those dissatisfied by their job was 64%. Before I established my consultancy at age 50 I had experienced many employment difficultie
Why Peer Mentoring Beats Individual Mentoring, Hands Down!
Late in the ‘80’s, when I did my TQM and Quality Systems training, one thing that really rocked me was the ability of a group to outperform just about any individual. Our instructor pointed out that even in the SAS, even in survival situations, a person in a group had a better chance of living than any individual, regardless of experience or level of knowledge!
And when you think about it this does make sense. An experiment we often run with our groups is to do a count of the number of years of combined business experience in a room. Quite often, especially when you throw in the baby boomers, it adds up to over 250 years of impressive experience of all kinds of businesses and business situations.
Wouldn’t you like to be able to tap into that any time you wanted!
Your Own Peer Mentoring, Business Mastermind Group
Some people find they prefer a live meeting format for peer mentoring and the following is what I suggest to ensure success for everyone concerned:
• Meet once each week – any less and you’ll find people dropping off, lagging, or just not doing what they committed to doing.
• Be specific about what you actually want from the group and elect someone to ensure all discussion stays “on point”.
• Keep records so that you can see whether real progress is being made or whether that is merely wishful thinking.
• Be strict about action points. Schedule them a
Should Taxi Cab Companies participate in public relations? Sure they should and many do such as taking people home who drank too much on New Years Eve or putting signs on the cabs that warn teens not to do drugs. But let me tell you about another idea. Why not have Taxi Cab Companies join neighborhood mobile watch programs. Why you ask? Well simple really consider this;TAXI CAB COMPANIES: These companies are extremely random in their pick-ups and they are very good drivers in traffic and able to get a license plate number when necessary. Since taxi cab companies run 24 hours, they are out at night when more graffiti and thefts occur. They have many cars, and are constantly in
Wouldn’t you like to be able to tap into that any time you wanted!
Your Own Peer Mentoring, Business Mastermind Group
Some people find they prefer a live meeting format for peer mentoring and the following is what I suggest to ensure success for everyone concerned:
• Meet once each week – any less and you’ll find people dropping off, lagging, or just not doing what they committed to doing.
• Be specific about what you actually want from the group and elect someone to ensure all discussion stays “on point”.
• Keep records so that you can see whether real progress is being made or whether that is merely wishful thinking.
• Be strict about action points. Schedule them and follow up.
• Remember that each person has the right to accept or reject any and all suggestions. They are the one carrying the risk.
The Advantages of On-Line Peer Mentoring or Business Mastermind Groups
Maybe the most obvious advantage of on-line peer mentoring is that you save a lot of time! Here are some even more important advantages:
• There’s no travel, and you “peer mentor” at your own convenience. No need to commit to set meetings so there's huge time flexibility.
• Many more people are available to share their experience or knowledge.
• The structure is already there. You can work through particular steps to success, and you can also simply put your hand up and yell “help” if you need to.
• The same forum provides a whole lot of other business resources as well.
• The quality relationships formed in these on-line working groups lead to streams of referrals, naturally!
How to Access On-Line Peer Mentoring
The good news is that you can not only easily experience on-line peer mentoring, but also it’s absolutely FREE! As a free member of My Speed Business Network, it’s all at your fingertips and available 24 hours a day via our on-line member forums.
Just go to https://www.speedbusinessnetworking.com and click on “Take Me to My Speed Business Network” at the top of the page to join today.
Then come and join us on the member forums and start taking advantage of structured business brainstorming to leverage your own skills, abilities and knowledge, or open your own private mastermind club and invite people you’d like to join. It’s that easy!
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