subject: The Mastermind Principle For Business Growth [print this page] The Mastermind Principle For Business Growth
The Mastermind Principle is an extremely effective way for developing those two assets and much more beyond yet it is a strategy that is vastly neglected.
Where relationships are concerned for example some people are better at initiating relationships but not good at sustaining them, whilst others may have the reverse problem. Of course there are those who have become good at initiating, developing and sustaining business relationships.
The same goes for business values. Some can identify their business values straight away whilst others can do so yet struggle to portray those values in a tangible way through their products and services.
So how does the mastermind principle help as a strategy? By definition the process of master minding is all about the creative thinking behind the business goals we seek to achieve. Napolean Hill devoted a chapter to this in his classic Think and Grow Rich.
In practical terms it involves a group of people who focus their thinking round ideas for your business or a solution that you are attempting to find. It is powerful in that it helps to develop different ways of looking at a subject. Different perspectives breed different ideas which in turn create more choice and increase possible solutions.
The mastermind process It is also by its nature a tangible show of support, whilst building creativity and developing business ideas and strategy. The mastermind process instils trust and establishes great value as it fosters genuine cooperation and collaboration.
If you speak to anyone who is part of a successful masterminding group they will vouch for this. One of the things that we are doing at Business Giants Network is to incorporate the practice of masterminding into the structure of our local UK network meetings to redress this neglected but powerful principle for the benefit of its members.
You can view the videos on my site which expand on the culture that Business Giants Network is creating by building on from current best practice in networking and how you can instil or set up a similar culture as an existing network owner or aspiring one.
Until then use the Mastermind Principle for business growth by identifying those around you that would be willing to spend some time helping you brainstorm and develop ideas and solutions. Each person in the group can rotate and apply the same process for each other.
If you are the person on the receiving end of the masterminding process be specific about what you wish to explore. In terms of group participation and response download and contribute any ideas without editing. Have someone in the group to capture those ideas in writing. Create a mind map as an effective tool for capturing ideas so they can be developed on again. Above all have fun with the process and give yourself the gift of discovering its powerful value for your business.
Anita is a personal transformation expert, speaker and amazon bestselling co-author. She is also a business development director for Business Giants Network. Get your free chapter and audio download at http://www.anitanarayan.com
