Did you know that mastermind groups have the power to change your business and keep you sane as an entrepreneur?

The History of Mastermind Groups

Napoleon Hill founded the principle of the mastermind group in the early 1900s. He studied Andrew Carnegie, who was known to use the concept of the mastermind to keep his businesses growing and prosperous. Andrew Carnegie kept 50 men on staff just for the development of ideas to grow his steel business. In 1937 Napoleon Hill wrote the now legendary Think and Grow Rich book based on these ideas.

One of the biggest challenges in starting a business from scratch is building all the processes and systems by yourself. You spend a lot of time alone with your endless to do list and feelings that can be overwhelming. Even more dangerous to an entrepreneur is the isolationwhich is the enemy of all small businesses. Your own thoughts can defeat you in businessquicker than any competitor.

Mastermind groups consist of 4-15 people who meet regularly to talk through issues that may be personal or directly related to running your small business. Masterminds groups function best when participants feel comfortable to share their unique views.

The Benefits of Mastermind Groups 

• Mutual support 
• Resources  
• Accountability  
• Differing perspectives  

As a member of The Successful Entrepreneur you can join a mastermind group or start your own. Call us today with your ideas and questions!

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