Today, I’d like to take a few minutes and educate you about MLM Mastermind groups.
I learned about mastermind groups from the best-selling book, Think & Grow Rich. In the book, Napoleon Hill talks about the importance of having your own mastermind team (the video below summarizes the chapter).
In a nutshell, here’s what he has to say about it:
- A mastermind consists of two or more people who work in perfect harmony for the attainment of a definite purpose.
- The Mastermind Principle allows you to borrow and use the influence, education and experience and capital of other people in carrying out your own plans.
- It is the principle that you can accomplish more in one year than you could in a lifetime of your own.
- When you form a true mastermind group, you can draw freely upon the spiritual forces within you in carrying out your plans and desires.
- It can give you protection against failure.
- If you work for a salary or wages, forming a mastermind alliance is one of the fastest ways to increase your personal income.
- To be successful, decide definitely what you want to do in the next three years, decide how much money you want to make and what you will do to earn it, and third, form a mastermind alliance with one person in your immediately family and one person who you are selling your services.
- Everything, including your personal success, requires a price that must be paid.
- Control your mental attitude and make yourself friendly and agreeable with everyone you are associated with.
- A negative mental attitude leads to nothing but failure.
- You are where you are and what you are because of your mental attitude.
- Your mental attitude is the one and only thing over which you have complete control.
- Luck is something you can create for yourself if you know the rules.
- Success is never accomplished all by yourself.
- Success is the knowledge to get what you want in life, without violating the rights of others and by helping others to acquire success.
If I had to put all of this in my own words, this is how I would describe a mastermind group.
Two or more people, working together, helping each other, to achieve a common goal.
Reasons to Join a MLM Mastermind Group
Assuming you are really serious about your network marketing business, there are several good reasons to join a MLM Mastermind group. Some of the reasons I can think of include:
- Shorten Your Success Curve
- Make Better Decisions
- Help Others
- New Ideas
- Challenge Yourself
Let’s take a moment and cover each reason in further detail.
Shorten Your Success Curve
Everyone I know in the industry wants to speed up their “journey” to success. I can’t say I blame them. By joining a mastermind group, you can take YEARS off your journey to becoming a top earner, because you can learn from people who have gone before you and achieved what you are trying to do.
Make Better Decisions
By participating in a mastermind group, you can make better decisions about your business. You can share your ideas and concerns with others, and get access to information you might not have previously considered.
One of my favorite things about belonging to a mastermind group is that I can help others solve their problems and challenges.
Another great thing about being part of a MLM Mastermind Group is that you will have an accountability partner. As an entrepreneur, you are only accountable to yourself. That is a blessing and a curse. I’ve found that when you have an accountability partner, you have a higher likelihood of achieving what you set out to do.
You are just one good idea from having a huge breakthrough in your business. One good idea can really set you up for life.
By spending time with other achievers, leaders and doers, you can really challenge yourself. You will challenge yourself to grow more as a person and to do more in your business.
Your Best Option
Your best option when starting a MLM Mastermind Group is to find people in your UPLINE SUPPORT TEAM, who are plugged in, actively growing their business, and are earning the type of income you want, and masterminding with them. Why? Because they have a vested interest in helping you succeed in your business, whereas people outside of your upline support team do not.
I suggest you search UPLINE until you find one or two people who meet this description and reach out to them. If that’s not possible, then you might have to explore other options.
Running Your Own Mastermind Group
Running your own mastermind group is simple. Just follow these basic steps.
- Invite 2-4 people to participate
- Establish rules
- Establish agenda
- Set up times and dates to meet up
- Run the meeting
- Share meeting minutes
You can cover topics such as:
- Lead generation
- Common Q&A’s
- Or anything members in the group need help with
My MLM Mastermind Group
I have several mentors in the industry I highly respect. I get advice from them from time to time and learn everything I can from them.
For about 8-years, I had my own MLM Mastermind group on Facebook. Although I recently closed down the group, I still do lots of masterminding on my personal Facebook page. If you would like to follow me, you can do so by clicking on the link below.
MLM Mastermind Group Testimonials
Here’s what some of our happy participants are saying about our MLM Mastermind Group.
“I joined the network marketing profession in January 2011. I was working 9 – 5 when my sister introduced me to her company. They were into health and wellness. She had a day job too, so we didn’t really understand what we were doing.
There was no initial getting started training by our sponsor. There was no weekly call. We had an employee mindset. We only worked our business in days we felt like it. We were not making money. It is a classic case of the blind leading the blind.
The industry had amazing potential but I just couldn’t figure out why it was not making sense. My confusion came to a screeching halt when I stumbled on a post by Chuck Holmes in 2014. It was a blog post he wrote about five things he learned from Network Marketing Pro founder Eric Worre.
Chuck’s no B.S approach is without fluff and pragmatic. If you’re looking for someone with battle-tested results, I can’t think of any other person. He’s the go-to guy! The struggles I encountered in building and growing my business were laid to rest when I bought some of his courses.
These courses were, (1) Time management for Network marketers, (2) Getting started training for your new team members, and (3) Mastermind notes 2016.
I have learned from him more than all the industry great combined. I still read and follow him till date.”
~ Ikechukwu Uchidiuno, Speaker & Trainer
I stumbled across Chuck by accident really. At the time I was beginning to feel that I just couldn’t do network marketing, and unfortunately my upline didn’t seem very sure how to do it either!
Thankfully I found Chuck’s website and signed up for his free boot camp. It’s fair to say that Chuck quickly became an authority figure in my home business efforts!
Chuck is one of the finest examples of leading with value, he pumps tons of it out! His blog, his emails, his group are an oasis of great MLM wisdom from a true network marketing professional!
“Chuck’s mastermind group is chocked full of great wisdom that he has gleaned from years of study and experience. Chuck has been mentored by some of the industry’s best minds and he is kind enough to share daily nuggets in this group to help all of us in network marketing.
I don’t know where else you can get high quality, straightforward, no nonsense network marketing support – FOR FREE – than right here in this group! Just scroll through a few posts and your cup will be more than full before you leave.”
~ Catherine Tryon, Gold Executive, Young Living Essential Oils
“I don’t like conference calls. To me they are just rah-rah events that are about as productive as watching wrestling on TV. But I really look forward to each of Chuck’s Mastermind Calls.
I’ve met the most interesting people on Chuck’s Mastermind Calls. People that are doing things, and doing them well, and are willing to share their experiences with you. Chuck knows the movers and shakers.”
~ Mike Stokes, Baton Rouge, LA, Blogger
“My name is Ufuoma Emefeke. I am an award winning network marketer and founder of Jayzidea Business Academy.
I stumbled on Chuck’s MLM Mastermind Team Facebook group in 2018 while searching for groups owned by professional network marketers to get better at my skills. The group has become my first place to go to when looking for quality and proven tips, as well as strategies to use in growing my team.
From the free resources shared freely by Charles Holmes, I have grown from a shy woman to an influencer leading a team of over 50,000 distributors in my present company and I am presently building my own training platform for network marketers in my country, Nigeria, as a means to close the knowledge gap in the industry among my people.
I recommend this group to anyone who wants the truth about our profession and desires to get tons of free resources to grow in their personal and professional development. Charles Holmes is not just a trainer, he is a rare gift to the entire network marketing industry globally. Chuck’s MLM Mastermind Team is home to me and I deeply appreciate the selfless contribution made to positively impact us in our journey.”
~ Ufuoma Emefeke, Founder Jayzidea Business Academy
In conclusion, masterminding is an important success principle. If this concept is of interest to you, I highly suggest you find 1-2 people in your upline, along with your top one or two reps in your own team, and form a strategic MLM Mastermind Group. Get together once a month and share ideas and help each other. It is time and money well spent.
What are your thoughts about having a MLM Mastermind Group? Do you agree or disagree with what I mentioned in this article? Leave a comment below to let me know what you think. I look forward to hearing from you.