Take your Business to the Highest Level!
Ever wonder how some businesses are constantly successful? If you analyze the record of these business owners, you will find that they have consciously or unconsciously used the mastermind principal.
Mastermind groups are relatively new to most people, even though they have been around for hundreds of years and popularized by Napoleon Hill when he described the concept around 75 years ago with his book, Think and Grow Rich. A mastermind group is designed to help you navigate through challenges using the collective intelligence of others to increase business opportunity.
The Chicago 6: A group of 6 men who met every Saturday evening. None of them had any money when they started their mastermind. Within a few years, they were all millionaires. William Hertz and Charles Wrigley were the most successful of this group.
The Graham Group: More than 50 years ago, Warren Buffett began hosting an annual gathering with a few close friends in the investment space. At first, it was just a day to talk about stocks, but it soon grew into annual events around the world with business leaders in all industries (including Bill Gates) to discuss ideas far bigger than just stocks.
Thomas Edison, Henry Ford, Harvey Firestone had a group they called the Vagabonds.
A group of professionals meet monthly to tackle challenges and problems together. They lean on each other, give advice, share connections and do business with each other when appropriate. It’s very much peer-to-peer mentoring and if you are lucky enough to get invited to one, you will most likely see a marked change in yourself and your business success!
Albert Einstein founded a Mastermind group called the Olympia Academy that played a significant role in Einstein's intellectual development before his "miracle year" of publishing his theory of relativity and other papers.
The Junto was a club for mutual improvement established in 1727 by Benjamin Franklin.
Famous Mastermind Groups:
President John F. Kennedy relied on his "Wise Men" Mastermind group to respond to the challenges of the "cold war".