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Actual for You - Your Mastermind Group - What, You Don't Have One?
It is a well-documented fact that at least 2 out of every 5 applications contain one major fabrication. What the employer doesn't know can, and almost certainly will, have a tremendous impact on that organization!Dr. Julian Cano, Ed.D, a Clinical Psychologist of 30 years, once said that we are all taught from birth both to lie as well as catch lies. He reasons that most people have the necessary skills and abilities to effectively lie to others and to tell when someone is lying to them in return. Dr. Cano adds that it can also be morally and socially acceptable to lie, but at the same time, unacceptable to indicate to others that they are being untruthful! This is absolut
• 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
Being in business for yourself is tough. It gets really hard when you come to realize that you need to make a significant change to the way you do business and this change will impact the customer. Perhaps the change is an increase in price, or a change to the way you extend terms, or maybe your product line has to be updated.When this happens, owners will formulate what I refer to as SID, Self Induced Doubt. They become afraid to make the needed decision to improve their business practice for fear of loosing their customers.Loyal customers (and you do have loyal customers, right?) may show some resistance, but that is a natural response by everyone when it comes to
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 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 y
Leading change means making tough calls. There’s none tougher than making the calls regarding the scope, timing and resources of the project. One of the biggest mistakes leaders make is getting happy and caught up in the moment trying to impress the boss and making commitments you’re not able to keep.The biggest problem I see is when otherwise good leaders and managers reach out and forecast what I call ‘heroism’. With the war in Iraq right now we read daily of the exploits of some of our soldiers and Marines. They do some extraordinary things. They are heroes but heroism can’t be forecast, it just happens.I wrote a book called Dead Center about the exploits of a Marin
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 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
In 1952, Harry Klemfuss saw the need to recognize secretaries for their hard work and dedication. National Secretary’s Day was created on his notion that secretaries are essential to the corporate world. This unofficial holiday is presently celebrated on the last Wednesday in April. During the 1950s the majority of secretaries in the workplace were women. Since then, National Secretary’s Day has been renamed Administrative Professional’s Day. The name was changed to reflect the progression of women in the workplace and the fact that men have taken on administrative roles as well.Modern corporations are realizing the importance of employee recognition and have adopted corporat
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 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
1. Career choice tests. There are a lot of tests out there designed to tell you what kind of career would be best for your personality and skill type. You can find some cheesy ones online that don't tell you much, or you can go to a career center/guidance center at your college if you are in school or apply at an employment agency that has one. Ask to take a career choice test; I'm sure they will have something for you. These tests are only to help you get ideas, and the results shouldn't be taken as your fate. Many times they are far from what you were originally planning to do and if thats the case it gives you something to think about.2. Job shadowing. It's a really gre
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 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
I can't be the only one who has noticed the decline in customer service these days. It is a very sad thing. I have stopped shopping at many stores because of how I was treated. I believe that customer service is one of, if not the most important ingredient to any successful business.Here are some basic tips to help you earn your customer's trust and repeated business.- Never Argue with a Customer! No matter what, the customer is ALWAYS right. Do what it takes to make them come back. If you go the extra mile with a disgruntled customer, they will walk away happy and share their experience with others. And, everyone knows that word of mouth is the best form of adv
• 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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