Mastermind Group

In 2007, IMC AZ decided to sponsor the development of Mastermind Groups for its members.

What Is a Mastermind Group?

Mastermind groups are a growing business phenomenon used for problem-solving, inspiration and motivation. They are built on the foundation of trust, confidentiality and harmony. Mastermind groups share the basic philosophy that more can be accomplished in less time by working together. Comprised of individuals who meet in an open, supportive environment on a regular basis, the Mastermind Group's sole purpose is to share thoughts, ideas, opinions and information. Due to the group nature, a commitment of time and energy is required. Group members should be motivated people who are willing to ask for, as well as offer, help and support.

How Does It Work?

Mastermind Groups are generally composed of 3–7 individuals who come together to form a relatively stable group of members. In forming the groups, we discovered two preferred methods for groups to meet and communicate: face-to–face, and via telephone conference. Some people prefer the a ‘live’ opportunity for discussion; others find the telephone a comfortable communication medium, which also makes participation accessible from various geographic areas.

Consequently, there are two groups operating in the Phoenix area:

• Face-to-face group: -meets the 2nd Thursday of the month from 9-11 a.m.. The location may vary based on the needs of group members.
• Teleconference group: meets the 2nd Monday of the month

The agenda belongs to the group and each person’s participation is key. Although the meeting agendas tend to vary, group members may:

• Bring something to share or give to the group
• Present a goal for which they are seeking support
• Present a business challenge to the group and seek advice or recommendations of action
• Offer an honest report of how they are progressing on meeting their goals

What Will You Get Out Of The Group?

Here are some of the benefits that most group members experience:

• Grow your experience, skill and confidence
• Real progress in your business life
• An instant and valuable support network
• Support in delivering on commitments to yourself
• Lighting a fire under your career
• Building supportive and competent relationships
• Tapping the true source of “group mind power”
• Develop an unflappable belief in yourself and your abilitie

If you are interested in these types of issues, or having a consistent sounding board for your consulting ideas and client work, join us at our next Mastermind Group meeting. Contact Barb Elazari at 480-513-4646 or barb@bebprojectmanagement.com for information.

Here is a quote from one of our Mastermind Group members:

“This note is to let you know what a great benefit our Mastermind Group has been to me. It has acted as a catalyst in my growth as a consultant, my colleagues have played the role of devil’s advocate and, more importantly, they have been my support structure and let me be heard as I embrace this journey!

"As Napoleon Hill, who introduced the concept of Masterminding in the early 1900s, said, 'No two minds ever come together without thereby creating a third, invisible intangible force, which may be likened to a third mind.'

"Thank you for all your efforts in creating, developing and implementing the Mastermind concept into IMCAZ. I hope it continues to grow with participation.”    — Jim R