7 Ways to Think and Grow Rich In The Sharing EconomyThrough Mastermind Groups

How collaboration and synergy can bring you the best ideas

One of the most important things I learned when I was first starting out in business is that it was essential for me to find and work with a mastermind group if I was to survive and prosper.

A mastermind group is a peer-to-peer mentoring group. It is used to help members solve their problems with input and advice from the other group members.

The concept of these groups was coined in 1925 by author Napoleon Hill in his book The Law of Success and described in more detail in his 1937 book Think and Grow Rich. The benefits of having a supportive mastermind group are plenty:

1. You have a group of people available to help you succeed.

2. You get the benefit of differing perspectives, input, and feedback.

3. Your mastermind team can bring resources and connections to the table you might not have had on your own.

4. You receive accountability and inspiration from the group, thus enabling you to maintain focus in achieving your goals.

Napoleon Hill even went so far as to say there was a mystical quality created when a mastermind group was formed. He said: “No two minds ever come together without, thereby, creating…