Wednesday, December 16, 2009

Networking - The Powerful Pillar of the Mastermind Group

If you own a small business, you need to become part of a network, period. All of the most successful people in business have been part of networks and you should to. You can't do it all alone and the benefits are amazing. Read on to find out about the power of the mastermind in networking.

There are three main pillars to a successful small business network:

1. The pillar of service- This is where you unconditionally help other members of your network so that they can grow their business.

2. The pillar of referrals- This is the goldmine pillar where you give and get free business by referring clients to other members without expectation of reciprocity.

3. The pillar of the mastermind- This is the basis of this article. The mastermind is the principle that a group of people working together towards a common goal is more powerful than each individual working towards it.

This principle was coined by Napoleon Hill in his world famous success book called "Think and Grow Rich." Hill used the term Master Mind.

In the book he explains to us how the great, successful business owners of the past have used the mastermind principle to achieve unheard of goals against unbeatable odds.

Well, you can use the power of the mastermind as well. Once you establish your small business network, you will select a smaller group of people that you will be able to completely confide in.

You need to make sure that these members are dedicated towards helping you achieve your small business goals. In turn, you will become part of other mastermind groups dedicated towards helping others.

Once a group of business owners take their individual expertise and put it together to help others, their power to come up with ideas and solutions is amazing. It's like taking the best part of each person's brain and mashing together to create a better brain, a mastermind.

Your mastermind group should be relatively small. There needs to be limit of 4-8 people so that ideas will not start to clash together. It's the same principle as having too many cooks in the kitchen.

Your actual business network can have hundreds of members, but the mastermind needs to be a very small group, a chosen few.

This group of people will stick with you for a long time. There are cases where these groups have stayed together for the life of the business.

Joshua Black is an on-line infopreneur, marketing consultant, small business owner and copywriter dedicated to helping the bootstrapping small business owner succeed.

Visit his flagship resource site for entrepreneurs at for the free Underdog Millionaire Wealth Pack: including 5 FREE e-books and daily wealth building tips for the bootstrapping small business owner- in the areas of sales, marketing, motivation, product creation and more.

By : Joshua_Black

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