5 Reasons Why You Need to be in a Mastermind Group
Running your service-based business essentially isolated and getting your advice and resources from freebies, Facebook groups, or short courses was great when you were first starting out. Now that you’re trying to scale beyond measures that were even conceivable in the beginning, having other brains to feed off of each other is a value unlike any other growth method.
This is technically called a mastermind group, and many successful entrepreneurs have credited their success to the collective of minds they’ve been a part of. Keep reading to learn 5 reasons why you should seriously consider joining a mastermind group!
1. Share Successes & Challenges with Like-Minded Individuals
Every member of a mastermind group is in it for the same reason as you, which makes it one of the best places to turn to when sharing challenges and successes. The other members of your mastermind can relate to you in a way that strangers in a Facebook group couldn’t, making you more confident in the quality of advice you’re given and comfortable with your other members.
2. Receive Quick, Valuable Feedback
Since you’re all on the same playing field and you have instant access to the other members, you’re able to receive quick high-value feedback. Say goodbye to the days of spending hours scouring the internet for resources that were vague, unhelpful fluff. The feedback that you do receive will be 100% honest and unbiased, so you can be sure that there are no ulterior motives (“buy my thing to help with XYZ”).
3. Bounce Around New Ideas
When you bring your thoughts, issues, or challenges to a mastermind group, you’re approached with fresh ideas and angles that you might not have ever thought of yourself. You’ll be able to find ways to better your business, and insights from other experts in their niche who have the same or similar experience level as you.
4. Network & Create New Opportunities
It’s amazing how often we see our clients in The Incubator turn to our group first when looking for others to collaborate and work with. When you make connections within your mastermind group, you’re opening yourself up to others’ contacts and resources, which can also pave the way to some awesome referral clients.
5. Receive New Perspectives on Your Business
Because you’re regularly sharing challenges, wins, and asking questions in a mastermind group, you’re always receiving fresh outside perspectives. You’ll also find it’s easier to look at the bigger picture when you have others who are able to catch possible flaws or opportunities for improvement and growth.
We know you’re thriving in your zone of genius, but your business is probably a hot mess, which is why it’s so important to learn from the right people to make the necessary changes you need to see the growth that you want.
If you’re ready to learn from other niche industry experts on various significant topics in your business (we’re talking creating a life first business, increasing client contracts, premium pricing strategies, red flags and toxic behaviors in your business, and more), then we invite you to grab your ticket to The Freedom Era Virtual Conference happening March 29, 2022.
Tickets to attend and see this never-before-seen content are only $47, and we can’t wait to walk you through this radical shift that’s coming, so you can reignite your high-level service-based business before burnout defines you.