By: Whitney Yoder
Vice-President of Development
Rogers-Lowell Area Chamber of Commerce
NWA Emerging Leaders is committed to personal and professional development for emerging talent in our region. That is evidenced by a new program rolling out in April; Legacy Mastermind Groups. Mastermind Groups bring a combination of brainstorming, education, peer accountability, and support in a group setting to sharpen business and personal skills. In short, belonging to a mastermind group helps you and your fellow group members grow and achieve success.
Here are some of the great benefits that come with participating in a Mastermind Group:
- You’ll be part of an exclusive community, a small, tightly knit group of like-minded peers all working toward similar objectives;
- Advisement. You’ll lose that feeling of being alone as a business person as the other members of the group turn into your informal advisory board;
- Collaboration. You may find someone in the group who is a perfect fit for a project you’re working on. How great would it be to find that missing person you’ve been seeking?;
- Extend your network. People do business with people they know, like, and trust, and these mastermind groups are great ways to build your network by making new, trusted friends;
- New learning. Even if you’ve been in your field for years and years, and are an industry expert, you’ll still learn new things from the experiences and perspectives of your new friends;
- Cross-promotion. Your business will benefit as you and your group members find ways to work together and cross promote each other’s services to your respective client, customer, and vendor groups;
- Think bigger. One of the greatest benefits of mastermind groups, brainstorming on a regular basis with a group of driven, intelligent people is going to make you a bigger person. You will think bigger, take on bigger challenges, and grow into a bigger person
Mastermind groups encourage you to challenge yourself and others to set and accomplish important goals, but to be successful members have to be willing to commit, listen, and give their best to each participant.
These aren’t classes; they’re not networking groups; and they’re not coaching. They’re simply you and a group of highly committed peers engaging to make each other better.
In the business world, author Napoleon Hill, who wrote the famous book “Think and Grow Rich”, says mastermind groups are the basis for every great fortune, and that great power can be accumulated through no other principle.
Not everyone who joins a mastermind group wants to become rich or powerful, but Hill’s comment points to the power of what can happen when a group of committed individuals focus their energy on helping each other grow.
Groups are forming now, so to make sure you have the opportunity to get your own personal advisory board. Currently over 100 people have signed up to participate in a group. The program kicks-off with a luncheon on April 23, 2014. For more information or to sign-up contact Whitney Yoder at 479-619-3197.