May 05, 2017 Mike Midgley

The Power of the Mastermind

All reference to Think and Grow Rich: Credit Napoleon Hill Foundation 

Introduction

We’re on day two of the Infusionsoft European Partner Conference here in Spain, looking forward to delivering my Keynote to the partner team, and I wanted to take a moment to share some thoughts about the power of masterminds and how they can supercharge your business growth.

The Mastermind Concept

If you’re not already part of a mastermind group, I highly encourage you to look into it. Aligning yourself with a group of like-minded individuals, people who are in similar situations but can offer different perspectives - this can provide invaluable support and guidance.

Yesterday, our team of five participated in a mastermind session where we thoroughly interrogated each other’s businesses.

This approach works no matter where you are in your business journey, whether you’re just starting, reasonably established, or aiming for an exit.

The value of a mastermind is immeasurable.

For those who follow me, you’ll know that I’m a huge advocate of Napoleon Hill’s Think and Grow Rich.

One of Hill’s 13 principles of success is aligning yourself with a mastermind group. It’s a key element in personal and professional development, and I want to delve deeper into why this is so crucial for growth.

The Mastermind Principle According to
Napoleon Hill

In Think and Grow Rich, Napoleon Hill emphasizes the importance of surrounding yourself with people who can help you achieve your goals.

He defines a mastermind as “a friendly alliance with one or more persons who will encourage one to follow through with both plan and purpose.”

Hill stressed that no one achieves success alone.

A mastermind group is essentially a collaborative environment where like-minded individuals come together, bringing different perspectives, skills, and experiences to the table.

This collective intelligence can help you see solutions and opportunities that might be invisible when working alone.

According to Hill, the mastermind principle is one of the most important factors for success. He explains that when two or more minds are working together toward a common goal, they generate a kind of “master mind”, a power that is more than the sum of its parts.

Hill also attributes his own success to the mastermind groups he formed throughout his career. His relationships with influential figures and the collaborative efforts of those groups were instrumental in bringing his ideas to life.

The power of the mastermind is about drawing on the collective wisdom, energy, and expertise of the group to elevate your own.

Whether you're facing a challenging decision, trying to solve a problem, or looking for new opportunities, a mastermind group can provide clarity and accelerate your progress.

Mastermind Influence

So, take a step back and look at your network.

  • Are there people who can positively influence you and offer objective insights into your business?
  • Are there individuals who have been through the journey you’re on and can share valuable lessons?
Masterminds provide a safe, collaborative space for you to break down your business challenges and receive direct, focused feedback on both your business and yourself.

Whether it’s improving your presentation skills, refining your content, or enhancing your business application, a mastermind group can help you level up.


Hill also talks about how a mastermind group can help you stay accountable. In his words,

“No one can succeed in a great endeavor without the cooperation of others.”

This is why masterminds are so powerful. They create a sense of shared responsibility and accountability, motivating you to take action and push forward even when things get tough.

By working as a group, you’ll walk away with practical, actionable insights that you can immediately implement in your business. It’s an investment that pays significant dividends over time.

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The Challenge

Here’s the challenge for today: Look within your network and identify successful individuals you admire and respect.

Perhaps there’s someone you could approach for guidance, maybe even over lunch. The cost of buying lunch is far less than the value you’ll receive from their time and knowledge.

But don’t stop there. If you’re looking to make a serious leap forward in your personal or business life, start thinking about forming a mastermind group of your own.

It doesn’t have to be large, just a few like-minded individuals who are serious about growing and supporting each other.

The Science Behind Masterminds

One of the most compelling reasons that mastermind groups are so effective is the concept of “harmony.”

Hill speaks of the “vibrations of harmonious thought” and how they influence the success of a mastermind group. This is where the power of a mastermind transcends just collaboration, it becomes about energy.

When a group of people comes together with a shared vision and positive energy, they create a force that accelerates progress and fosters innovation.

Hill also describes the concept of “the Master Mind,” which is the mental fusion of two or more minds working in harmony toward a common goal.

This mental fusion creates an energy field that attracts opportunities, ideas, and people who align with the group's goals. It’s like having a group of people who act as energy amplifiers for your success.

Masterminds and Personal Growth

While the mastermind principle is primarily used for business success, it also plays a significant role in personal development. When you surround yourself with people who are constantly pushing you to be better, you inevitably grow.

Mastermind groups create an environment where your weaknesses are addressed, your strengths are amplified, and you are continually learning from others.

Hill suggests that being part of a mastermind group is a way of what we call today “personal development” because it exposes you to different perspectives, challenging you to think differently and take risks you might not otherwise take.

This kind of personal growth can help you become a more confident and capable leader, both in your business and personal life.

Conclusion: The Mastermind Formula for Success

The power of the mastermind isn’t just about solving business problems, it’s about creating a group dynamic where collective energy, knowledge, and ideas lead to exponential growth.

If you want to go far, you need to work with others who can support you, challenge you, and help you get where you want to go.

I’d love to hear your thoughts—what’s been your experience with masterminds, and how have they helped you? Let me know in the comments below.

Always here to help you start, grow, and thrive. Let me know how I can support your next big move.

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Published by Mike Midgley May 5, 2017