5 Benefits Of A Leadership Mastermind

Little Known Secrets of Mentoring: 5 Benefits of a  Mastermind Group

 

Being a leader is tough. And often isolating.

A business or leadership mastermind group can help you gain a competitive advantage. With a combination of brainstorming and co-mentoring, members network with high-achievers and gain these five little known career benefits.

  1. Supportive Insight

Work peers understand what it’s like to be at the top. They can provide encouragement to make tough decisions and to elevate your leadership skills. Wisdom often comes from a different perspective or an experienced advisor.

There’s a story that goes around in mastermind groups about a wildly successful chicken farmer whose farm was on the banks of a beautiful river. The only problem was, every few years, the river would flood the farm and kill all the chickens. 

The farmer went to the leadership mastermind group and asked for their opinion about what she should do. 

After some brainstorming and discussion, the group agreed on their advice: “Buy ducks.”

  1. Accountability

Joking aside, neuroscience has shown that accountability is the fastest way to keep you on track. It leads to action and actions create success.

The peer pressure of being in a group helps you close the gap between where you are and where you want to be. 

  1. Renewal

Burnout, cynicism, and exhaustion seem to be something women leaders live with in the world of ambiguous change. Juggling draining work interactions and family responsibilities can take a toll on your health and peace of mind. 

A mastermind group is where you can go to get reenergized and learn how to control your environment instead of it controlling you. With ideas from other smart achievers, it is possible to work smarter, not harder. 

  1. Be Promoted 6 x More 

Women who co-mentor are promoted six times more than those who do not mentor. Even being mentored increases the chances of employees being promoted by five times.

In a mastermind group, you will mentor others and they will mentor you. This process of co-mentoring increases your chances of being promoted, according to a recent case study at Sun Microsystems.

  1. Strategic Advantage 

Smart leaders make time for planning and reflection. Without it, confidence wanes.

Members of my mastermind groups take a few hours once-a-month to step out of the day-to-day crush and focus on setting an agenda for their career and  business. By focusing on leveraging their strategic advantage, they create amazing results in income and time freedom.

Ask yourself: What would you gain by having a few hours each month to receive each of these essential benefits? Enrollment opens for my Women’s Mastermind groups this summer, join us? 

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Dana Mayer Career Coach

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