b'For decades, masterminds were thought of as exclusive,It also takes a certain kind of coach to be able to high-powered groups that served as a sort of personalbalance the business and the personal so that both areas advisory board for each other in life and in business.are equally supported.But eventually, they started to become less exclusiveIn all my years as coach, I think learning to effectively and more accessible, regardless of perceived intellect orlead a group based programme (in this case a reputation.mastermind) has been one of the most rewarding things These days, masterminds run the spectrum from super- Ive done in my business.exclusive to quite casual. Groups from every point on that spectrum have the same spirit of collaboration andDuring that time, not only have I led masterminds, but community that Hill originally intended, if not more.Ive also participated in them. The most valuable by far But what sets them apart from those earlyhas been the long-term one Im currently in. masterminds is the presence of a clearDuring all of them, Ive learned to spot leader, usually more experiencedthe signs of an excellent mastermind and knowledgeable than theahead of time. others in the group.Why the modernThe 3 things to look for in a high-value mastermindmastermind is better An experienced coach Modern masterminds mayand mentor be less exclusive but theyThe mastermind could have serve more people as athe best members but with result. Entrepreneurship canthe wrong facilitator it will be a lonely and isolatednever be effective. If youre endeavour, especially in aconsidering a mastermind led time when so much happensby a coach or industry figure, from behind a screen. make sure their credentials and Groups of individuals, at the sameexperience stack up.or different stages of their businessTight member criteriajourney are able to grow faster together, tapping into that third mind, so that they can exceedIf youre going to be investing money in your their goals with the support of their peers. They can bemastermind experience, you want to know that your there for one another, motivate each other and celebrateexperience is going to be relevant to your current and wins together. They expose blind spots and stretchfuture journey. This means that high-ticket masterminds perspectives. that are centred around a specific industry, location, The modern mastermind is truly the bringing together ofrevenue bracket, etc. are more effective.masterful minds, whatever stage of business they are in. A clear agendaBut what really sets modern masterminds apart are theThe best coach-led masterminds have clear agendas and coaches who lead them. timetables. This helps create accountability and positive pressure, causing the members to take it more seriously.Peer-led masterminds are great, but when you have a coach who has been on the business journey and canIn building The Mastermind for Smart Women in help facilitate that discussion, thats where the real magicBusiness, Ive actioned these 3 observations to create happens. the perfect environment for growth. Over 12 weeks, there It takes a deep understanding of the topic of interests,are 9 key steps that are focused on in order to build a of coaching foundations and a breadth of practicalbigger, more successful business in a time-efficient way. experience to know how to add value withoutThis embraces the true spirit of a mastermind: Synergy, compromising the synergy of the group. Community and high-level Mentorship.FOR MORE ON HOW TO BE PART OF THE MASTERMINDPLEASE CLICK HERE07'