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You need a mastermind

03 Dec

You can find or create a group of small business owners who openly share valuable insights, whose members are successful in their fields, and where everybody feels they gain by participating in this group. These are called Masterminds.

The Mastermind was not my idea. Our great nation was formed by a Mastermind. John Hancock, Samuel Adams, and Richard Henry Lee became disgruntled with British rule and organized a Correspondence Committee “for the purpose of friendly cooperation for the Betterment of the Colonies of British America.”

A Mastermind is a coordination of knowledge and effort, in a positive manner, to help achieve a definite purpose. A Mastermind has two characteristics:

• Economic. People want to make money and gain advice on how to do that. Napoleon Hill says most of history’s richest men have utilized Masterminds.

• Psychic. When two or more people get together and think about something, they generate an energy that is greater than the sum of its parts. The solution is stronger than what the members could have thought of individually. Napoleon Hill says: “No two minds ever come together without thereby creating a third, invisible, intangible force which may be likened to a third mind.” I’ve seen this happen in good staff meetings and on successful sports teams. Perhaps you have witnessed this too.

Stack your Mastermind with valuable people. Consider your desired profession and find others in complementary professions. As a computer network consultant, if I were creating a Mastermind today, I would choose an accountant, realtor, insurance broker, lawyer, coach, and financial advisor who I already consider as friends. I’m sure each could contribute something valuable to the group. I know they would expect the same from me. Masterminds work when members share valuable time and information. They fail when members expect to receive without giving.

If you cannot find a Mastermind, create one. You can find attractive candidates at Chamber of Commerce events, Successful Thinkers meetings, Rotary Clubs, and other networking organizations. Remember, the support systems you utilize will probably be the best sources to find attractive candidates. You can also review your list of vendors, business partners, and customers. Some of them may be thinking of a Mastermind group too.

Mark Anthony Germanos is the author of two books, Escape the Cubicle: How to leave your corporate or government job for something better and How to Make Computer Systems Work for You. He has faith in a slow but sure Sacramento business revival. Sacramento small business owners are leading the way. His second book, Escape the Cubicle, is for those who want to escape cubicle jobs and become successfully self-employed. Escape the Cubicle answers the questions: "How can I grow my business" and "How do I become my own boss."

Mark is the President of Cameron Park Computer Services. As a business owner and computer networking consultant, he has seen habits that successful Sacramento small business owners embrace. He helps Sacramento small business owners embrace those habits to increase their profits, efficiency and happiness. An advocate of Sacramento business revival, Mark believes everybody should run their lives like a small business, perform SWOT Analyses and use social media campaigns to improve business. He used to say “social media is stupid.” That was until he attended a conference and saw how Sacramento small business owners can use social media campaigns as a valuable tool. Since then, he has earned more than $40,000 in business via social media. His Sacramento small business clients also have five-figure returns. Sacramento small business owners that launch social media campaigns give themselves a comparative advantage over those who lag behind. Mark does not do everything, but his clients do receive great results and participate in the Sacramento business revival when they follow his advice.

Mark moved from Chicago and restarted his business in California with a cell phone and a Honda Civic. An active triathlete, he has a life, a dream wife and a dog. For additional details, visit http://markanthonygermanos.com. Twitter: http://twitter.com/markgermanos. Facebook: http://facebook.com/markanthonygermanos. LinkedIn: http://www.linkedin.com/in/markgermanos.

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