Podcast

Mastermind Groups

Join or create a Mastermind Group - Collective thinking and brainstorming

Deliberately seek the company of people who influence you to think and act upon building the life you desire - Napoleon Hill in his book, “Think and Grow Rich"

Today we interview Ronan Leonard - founder of Eccountability.io. It's about finding your tribe.

Ronan says:

99% of your problems have already been solved. Crowdsource the collective wisdom from smart, driven entrepreneurs to overcome the challenges you’re facing in your business.

Ronan Leonard is passionate about helping small business, entrepreneurs and anyone who feels isolated by creating a tribe. He believes that peer to peer connections is more valuable than paying external people to help you with your success.

Ronan has had a colorful past having been a Casino Manager on a cruise ship that sank! He personally saved 23 people that day and in spite of this experience, he continued sailing the seas!

Ronan explains that the Mastermind concept is the collective coming together of minds to create a "super-mind"

What is a Mastermind?

A Mastermind group is supposed to help you to overcome business challenges with help from the collective expertise and skill-sets of others within a similar niche as you. A group can meet monthly, weekly, or even daily to share support, advice, resources, and troubleshoot problems together.

An example of a Mastermind and a very early one is as follows...

If you have been to an Art Gallery and seen Renoir, La Gare & Monet. They created one of the first Masterminds. When they were all in Paris together, they would meet up in a Cafe almost nightly and they would share paints, canvasses and ideas. Effectively, they all worked together to create the Impressionist movement. They created something out of all their collective ideas and experiences.

A few tasters from the interview...

  • Small businesses are failing rapidly. There is more information available now that ever before in history and yet the rate of failed businesses has not fallen. The number of failed businesses today is the same as 30 years ago!
  • Entrepreneurs tend to work in isolation. We need a sounding board and we need a network beyond only our spouse. A Mastermind group will help you to connect the dots. Highlight things you hadn't thought of and identify with your struggles - you'll take comfort in knowing you are not alone.
  • When in a Mastermind group, someone will always have an answer to something
  • A new entrepreneur with only a little or no experience is valuable to a Mastermind group. Everyone has life experience. A new business person does not carry the same baggage as others and they are not stuck in the same old same old way of doing things. They can bring fresh ideas.
  • There needs to be an equal value exchange in a Mastermind group. There needs to be a wide spectrum of levels and experience that everyone can take value from.
  • You can get a fresh perspective on everything you do
  • When you label yourself an "expert" in a field, you may think that you can't learn anymore. When we are not learning and growing, we are stagnating.
  • You don't have to necessarily join a formal Mastermind group. You can start by finding someone who is a few years ahead of you in your career who you like and respect.
  • You don't know what you don't know
  • Business owners should collaborate more together. Collaboration is the only way you will grow
  • There is a section in the bookshop on "Self-Help" but there is nothing on helping others

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If you want to connect with Ronan Leonard, LinkedIn is the best platform.