If there’s one thing entrepreneurs are good at … it’s starting something new. So go for it!
What kind of group should I start?
Although most Mastermind Groups tend to follow the same agenda during their meetings, the makeup of each group can be quite different. Some groups are fairly homogenous–they may work in the same industry, have similar demographics or psychographics, or share certain similar beliefs. Other groups, however, might have a wide variety of entrepreneurs sitting around the same table. Each end of the spectrum offers pros and cons.
Some possible themes to organize a Mastermind Group might include:
- Industries (online marketers, manufacturers, service companies, consultants, etc.)
- Business stages (startups, mature businesses, side hustles, rapid growth companies, etc.)
- Personal characteristics (faith-centered, work-at-home moms, serial entrepreneurs, etc.)
- Demographic characteristics (women business owners, minority-owned businesses, young entrepreneurs, etc.)
- Geographic characteristics (downtown Springfield business owners, New Carlisle business owners, etc.)
The possibilities are only limited by your imagination. The bottom line is … what kind of people do you want to hang with? Who do you need to hang with in order to grow your business and personally.
What are the steps I need to take?
- Decide what kind of group you want to start and when and where you want to hold your meetings.
- Share this information with the SBDC using the form presented on this page.
- The SBDC will contact you to finalize plans to launch your Mastermind Group and share resources to help you coordinate fantastic Mastermind meetings.
- Promote the launch of your new Mastermind Group using emails, phone calls, social media posts, etc. The SBDC can promote it and recommend members to your group as well.
- Hold your first meeting. Encourage members to invite others.
What do I need to know as a facilitator?
We want to make it easy for you to facilitate a high-quality Mastermind Group, so we have put together a guide to help you do just that. In it, we share model agendas, ground rules, and facilitation tactics. We’ll also share tips on how to promote your Mastermind Group initially and when spots open up.