The unspoken danger of business masterminds

The unspoken danger of business masterminds

Today, I need to share something that really bothers me about masterminds. In fact, this applies to give business advice in any situation.

It’s something I see frustrate a lot of business owners. It can even lead them down a path that is damaging to their business if they don’t know how to recognize this problem.

But once you know how to keep an eye out, you can avoid this pitfall and still get all the amazing benefits that mastermind groups offer.

(SIDENOTE: I have a few spots left in my mastermind for coaches, consultants, and other experts. Click here to get the details and apply.)

Once, I was sitting in a mastermind meeting where one of our group (I’ll call her Erin) was in the hot seat asking for ideas to generate more leads for her business.

Immediately, someone jumped in to share with Erin how they were doing really well with paid ads and sending leads to a webinar.

As soon as there was a gap in the conversation, another member of the group started talking about how much his podcast had been growing his email list.

It continued like this for the next fifteen minutes. Bit by bit, I could see Erin’s eyes glaze over. I knew this look. She was totally overwhelmed. But because she didn’t want to seem ungrateful, she wasn’t saying anything.

I see this happen a lot in masterminds. The problem is two-fold.

First, people want to appear accomplished and smart. This leads them to offer advice even when it might not be the best fit for the person they are helping. Read more

Do you ever suffer from this entrepreneurial malady?

Do you ever suffer from this entrepreneurial malady?

Putting yourself and your ideas out there for the masses can ironically be a lonely business at times.

You sit in your home office wrestling with decisions, wishing you had someone who could jump in the ring with you, even for a moment, so that you don’t have to bear the entire weight of those decisions alone.

You have the freedom of choosing your own path and yet you feel adrift in an ocean of possibilities with nobody to help you choose where to navigate next.

Even if you have a team, you can still feel alone as a leader with nobody to talk to who feels the same pressures, has the same kind of vision and understands the nature of your day-to-day journey.

To succeed, we all need fresh perspectives to shine a light on our blind spots.

We all need consistent feedback both to push us further as well as to remind us how far we have come.

We all need a safe place to share the real struggles of entrepreneurship and thought leadership with those who understand. Read more