A mastermind group is a peer-to-peer mentoring group used to help members solve their problems with input and advice from the other group members.[1][2] The concept was coined in 1925 by author Napoleon Hill in his book The Law of Success,[3] and described in more detail in his 1937 book Think and Grow Rich.[4] In his books, Hill discussed the idea of the Master Mind, which referred to two or more people coming together in harmony to solve problems.[5]

Cooperation through the use of mastermind groups was one of the "laws of success" which Hill allegedly studied from successful Americans including Henry Ford, Thomas Edison, Alexander Graham Bell, Theodore Roosevelt, Andrew Carnegie, John D. Rockefeller and Charles M. Schwab.[3]

Several companies offer mastermind group environments to members and guidance in planning effective groups.[6][7]

Organization edit

There are two types of mastermind groups: one is focused on an individual's success, and the other is focused on the success of everyone in the group. Research suggests that optimal groups limit their size to 8 to 10 participants that meet regularly with rotating leadership.[8]

See also edit

References edit

  1. ^ Tacker, Katherine A.; Dobie, Sharon (2007-12-20). "MasterMind: Empower Yourself With Mental Health. A Program for Adolescents". Journal of School Health. 78 (1): 54–57. doi:10.1111/j.1746-1561.2007.00266.x. PMID 18177301.
  2. ^ Paetow, Glenn; Zaver, Fareen; Gottlieb, Michael; Chan, Teresa M; Lin, Michelle; Gisondi, Michael A (2018-07-20). "Online Mastermind Groups: A Non-hierarchical Mentorship Model for Professional Development". Cureus. 10 (7): e3013. doi:10.7759/cureus.3013. ISSN 2168-8184. PMC 6207281. PMID 30397564.
  3. ^ a b "15 Laws of Success From Napoleon Hill". simplethingcalledlife.com. Retrieved 2016-06-20.
  4. ^ "7 Reasons To Join A Mastermind Group". forbes.com. 2013-10-21. Retrieved 2016-06-20.
  5. ^ "The Law of Success — Lesson One: The Master Mind". anthillonline.com. 2010-02-17. Retrieved 2016-06-20.
  6. ^ "Could a Mastermind Group Help Your Business Grow?". americanexpress.com. 2016-01-08. Retrieved 2016-06-20.
  7. ^ "4 Powerful Ways to Find Members For Your Mastermind". dexconnects.com. 2022-03-08. Retrieved 2022-04-27.
  8. ^ McDermott, Lynda (July 2011). The Power of Peer Coaching. American Society for Training and Development. ISBN 9781562867928. Retrieved 2016-06-20.