Lot of people come online every single day with the hope to make a lot of money. They have heard that it is possible to make a living online and that it is not that hard.
But when they start this new venture they don’t have a clue about how hard they have to work to make money. And when they discover the reality they feel frustrated.
When you are starting out you need to build the foundation, there are many things that you have to learn in order to start moving forward…
•   Technical stuff
•   Traffic
•   Conversion
•   Copywriting
•   And much more
The truth is that in the beginning it is not that easy, but there is a way to shortcut the learning curve and achieve results fast… it is working with a Mastermind Group.
What Exactly is a Mastermind Group?
Napoleon Hill defines the Mastermind group as “co-ordination of knowledge and effort, in a spirit of harmony, between two or more people, for the attainment of a definite purpose.”
The participants of a Mastermind group:
•   collaborate
•   share ideas, principles, points of view and sometimes capital
•   create plans and give solutions to problems
Advantages of Mastermind Groups
There are many advantages to being a member of a Mastermind Group. You’ll be more motivated and will work harder because you’ll have others to answer to. It’ll provide you with a sense of security and make it harder for you to fail.
You’ll be able to get fresh ideas and a brand new perspective on things. This is vital, as you could never come up with everything on your own. Getting input from an outside party helps you to see things you didn’t before. You can help others in areas where you are strong and receive assistance in areas where you are weak.
Results Achieved Through Mastermind Groups
Through being held responsible by the other members of your Mastermind Group, you’ll be much less likely to procrastinate. You can accomplish more in a very short period of time than you could ever accomplish by yourself, which will lead to more and quicker results for you.
How do you become a member of a Mastermind Group?
You can build your own Mastermind group or join an already existing one. There are ways to create a Mastermind group both in your local area and online.
•   Local Area: Look for affinity groups, also Websites such as Meetup.com are perfect for connecting with like-minded people that you could invite to become a member of a Mastermind Group.
•   Online: You can find like-minded people in online forums, networking sites, communities and social sites (such as LinkedIn.com and Facebook). If you’re unable to meet in person, you can use tools such as telephone, skype, web casts, text chats and instant messaging. Using email isn’t recommended, as it’s extremely difficult to get the one-on-one interaction necessary for a Mastermind Group to succeed.
The ideal size for a Mastermind Group is around five people. Keeping the number at this level ensures not only that there will be enough people to be productive, but that there aren’t too many people. The more members there are, the higher the chance that they will have trouble getting along with each other.
Another key to success with a Mastermind Group is that all members have a shared vision. If members of the group are all working to achieve different goals, it will be difficult to achieve any measure of success.
Everybody in the group needs to be 100% committed to making it work, and they need to be open to trying new and different things. Having different people brainstorming for each other will undoubtedly create ideas that you’ve never tried before. If you aren’t open to trying them, you will not be successful.
It doesn’t matter if you are just starting out of if you are an established marketer, if you want to achieve success faster than you ever thought you need to be part of a Mastermind Group.
I know most people reading this article are newbies, but it doesn’t matter because you can connect with people that will be willing to share ideas, resources and point of views with you. You can even connect with people here and start a Mastermind Group immediately.
So, if for any reason you are without direction and confused it is the perfect solution for you… Get busy now!
And now I would like to invite you to claim your free instant access to my Powerful Tips To Start An Internet Business when you go to Internet Marketing for Newbie
38 Comments
Bruno Auger
October 27, 2008Reed
Before I even really knew any networkers online, I had taken the long way aroubd learning everything there was to know about internet marketing.
Once I started to know a few people it go easier to do. You do really have to know some basic stuff so you have an understanding on how things work.
Bruno Augers last blog post..Link Love for the last Sunday in October
Rivers Corbett
October 27, 2008Reed…I have been an entrepreneur for over 12 years and believe me…I could not do it by myself. It’s hard to believe but we are not experts at everything and Mastermind Groups are the way to go!!
Here’s to your success
Rivers
http://myinternetbiz.ca
Michael
October 27, 2008This article is right on point. When I started out marketing online I trying to go it alone and it is just not as easy as if you have a group you consult with and bounce ideas off of.
Keep good articles like this coming.
http://www.comeheretosee.com
Michaels last blog post..50 Cent: The Money & The Power Reality Show
Max
October 27, 2008I think that is what happens to a lot of beginners. They think it is easy because of some
sales letter they get. The first word in Work At Home is Work. Once they realize that there is work involved most quit. This information would help if they would use it. Thanks for the tips.
Maxs last blog post..Difference Between An Affiliate and a Super Affiliate
Richard
October 27, 2008Nice post with some good ideas (and not just for newbies). The standard of these posts is amongst the best around.
Jay
October 27, 2008Having some experience with the best masterminds, I have been looking locally for like minded people in the Atlanta area. If anyone here is in my locale, by all means, contact me.
When all your brainstorming comes from one brain (yours) you are limiting your potential. Each of us holds a piece to the puzzle we have chosen to assemble.
Jay
http://TheSmallBusinnessNanny.blogspot.com
Jays last blog post..Time to Get Serious about Your Internet Business
Michael
October 27, 2008P.V.,
You hit the nail on the head! It is a crime the way hustler’s try to make the internet cash machine seem so simple, usually by touting their one-of-a-kind product.
Congratulations on exposing the truth.
Michael
PV Reymond
October 27, 2008@Bruno Auger yes when you exchange ideas and knowledge with others you move forward faster.
@Rivers Corbett that’s right, you can’t know everything… everybody needs help sooner or later.
@Max I agree with you, the most important thing is to put this information into practice. I hope that people understand the power of working with others.
@Richard thanks, this information is for everybody, no matter if you are a newbie or an expert… Mastermind Groups are crucial to success.
^PV Reymond
http://www.pvreymond.com
Peter
October 27, 2008Hallo Reed,
as you know I’m sarcastic and give more than friendly comments but sending a copywriter to this Blogpost is more than destructive to sponsor this is an damage to your… you should teach him a little longer
Peter
Terence
October 27, 2008This post really reminds me of what Chris Freville talked about in his Automated List Building course, among other useful stuff.
Mastermind groups are obviously a great way of accelerating one’s knowledge. Doing things in isolation often means learning by your own mistakes which could be avoided by having someone to talk to who has made those mistakes before you.
After all, a smart man learns from other peoples mistakes.
I still think that a total newbie would have to bring something to the table before they would let him join a Mastermind group. Unless the group saw something special in him or her that sparked their interest.
Terences last blog post..Join The IM Dream Team And Help Improve Childrens Lives.
Timothy Millar
October 27, 2008Hey Reed, Hows the Family? Great I hope!
Master mind groups are definately the way to grow your business but young entrepeneurs have
either a hard time getting in one or realising
they need the help to start with. Forums are the next best thing to a Mastermind group,
because you can get the knowledge from several
sources and mindsets.You must crawl before you walk.Knowledge is King! You can not know enough on a subject but you can never know too
much! Have a wonderful Day. Timothy Millar
Timothy Millars last blog post..Getting your Traffic from Ad Exchanges?
SCOT
October 27, 2008i NEED HELP IN ALL OF THIS SO i PAY FOR SOME OFF YOU AND IT IS HELP. IM OUT OF MONEY CAN YOU HELP ME OUT LET KONW
THING YOU FOR ALL YOU DUN SO FAR
SCOTT KINNAIRD
PV Reymond
October 27, 2008@Michael thank you, there is no doubt that it’s the way to go.
@Jay you can find people in your region using meetup.com
@Michael thanks, it’s important to make people know how this really works.
@Terence I know that it is difficult for a newbie to be accepted in a Mastermind Group with experts on board, but a newbie can bring constructive criticism to the table, for example saying if he would buy or not from a specific website and why.
On the other hand, a newbie can be good at writing, designing, generating ideas, etc.
@Timothy Millar the point is that not everybody recognizes that brainstorming with others is key.
Forums are good, but the point is that they consume a lot of time. Of course, if you are not a member of a Mastermind Group you can use forums. But I encourage people to be part of a Mastermind Group to accelerate the process.
^PV Reymond
http://www.pvreymond.com
Carrie Pierce
October 27, 2008Hi Reed,
Yet another great post -when I needed it most!
You are so very correct:
1)It isn’t EASY stuff, this online marketing business…
2)Most folks are woefully ill-prepared when first starting out, and the learning curve can be murderously steep.
3) One simply CANNOT-and should not- do it all themselves!
Thanks for the timely reminder that a Mastermind Group can certainly be a great way to go!
Makes me feel like I’m not alone in this after all!
Carrie Pierce
Kenny Ritchie
October 27, 2008I agree PV and you can and should use the mastermind principle in all areas of your life.
It’s a scientifically proven fact that groups make better choices than the smartest individual within that group.
Your not better off alone.
Kenny Ritchies last blog post..How are elephantitis of the testicles and internet marketing success related?
Dale Kydd
October 28, 2008I have to agree with all the posts here but there is one hick-up and thats geting these people to mastermind with you. You can go into any of these sites and try yes I say try but who answers. I was in a good group years ago and Donald was an old hat in the game he tourt us a lot and I will always be gratefull but this group folded. Do not ask me why because I do not know.
From what I learnt there you must have a leader, one who has done all these things and can help to divert any troubles before they start and one who is dedicated enough to stay with those people until they realy start making good money. Not just $500 per week or so but a lot more. Remember you will be tried out by those who know what is what and if the people are not confident enough to take what is dished out as a lot of you will know they will quite because of it.
It is so exciting to be geting income that they forget that they are only starting and there is more work to be done, so until they do all this and get over the humps that come up then they will be able to continue on their own if they want to but the best is now for them to form their own mentor-ship or group as this will keep them focused and is this not what we all have to do to get anywere? Stay focused.
Thanks all
Take care
Barb Hicks
October 28, 2008I’ve been thinking about getting a group of folks together who own internet stores. Not affiliate sites per say, but actual stores where we can patronize each other’s shop ie; shoes, wines, candy, gift baskets, flowers, clothing, toys, collectables, etc.
I’ve networked with others in the past and all I got from them was their ads trying to sell me something, or they copy my work. Even when communicating on a personal level such as emails, I had to scroll down past numerous ads just to read their emails to me.
Just something I am thinking about. 🙂
Dale Kydd
October 28, 2008Thanks Reed,
Your email was most welcome and as I have only just finished changing the nesesary things to direct back to me I am so EXCITED.
This sertainly looks to be a great benefite to us all and it will sertainly help the money to come in for everyone.
I do not know if it is wright or wrong to put your link here but if it it wrong then please delete it.
Thanks
Dale
4 Cutting-Edge SEO Tools That Have Quietly, And Effectively Helped Generate BILLIONS Of Website Visitors…
http://daleky.sephantom.hop.clickbank.net/
Wayne Bell
October 28, 2008Nice post and some good advise for newbies and even us not so new newbies. My wife and I have always been the type to do things ourselves but when we started out over five years ago marketing online, we new we needed help. We where lucky enough to happen open an affiliate program by Ron and Rick Davies at:> http://cbtopsites.com/s/58e22c
What started out to be a business relationship has turned out to be an ongoing frienship.
Regards – Wayne
The Beast
October 28, 2008Hi and Thanks Pv as michael said for telling the truth ,I have been a newbie for almost 2year (Iam crazy) I should be so fed up and iam but I cant stop searching,FOR What?
This is something I hope many of us do now set up or look for a Mastermind group.My speciality is music,build audio,play.guitar,build pc.My dream is maby doing filmmusic/ Webb sites are now strongly comming with video and also music I guess? (Iam swedish I hope you understand my swenglish) Thanks Pv (Reed)
PV Reymond
October 28, 2008@SCOT if you really need help just let me know, contact me: pvreymond at yahoo dot com
@Carrie Pierce it is the way to go, go ahead and contact a couple of people to start working together.
@Kenny Ritchie that’s the point.
@Dale Kydd you are right, you have to try because if you don’t try you will never be part of a group. You have to keep trying you’ll see that there are people willing to work with you…just try, it costs you nothing.
@Barb Hicks I see you had a bad experience, but it doesn’t mean that you can’t put together a MMG. Try to find the right people and clarify the objective and the way it works up front.
@Wayne Bell thank you
Luca - Reach Success Online
October 28, 2008Great post PV Raymond and also great site you have. I agree totally that it’s very difficult when you first start out. I’m there now and feel that I have to do everything myself. The amount of learning and trial and error seems to be endless. I’ll take your advise and joing a group to ask questions and hopefully feel more like part of a team
James and Helen
October 28, 2008Great ideas and information that we use to our benefit and really like what we learn here.
http://www.sucopycat.com/r/GodISAlive/home.html
We get team help here with no one left behind as we are here to help everyone. James and Helen
PV Reymond
October 28, 2008@The Beast 2 years are a lot, but I know people that have been trying to make money online for about 5 years without results. What I can tell you is that it can be done.
You have to find out what is stopping you. When you identify the things that are stopping you then you turn them into goals, you prioritize then and you start working on the most important one.
When you accomplish it then you move forward to the second one and so on…
@Luca – Reach Success Online thank you for your words, and don’t wait just go ahead and start connecting with people, you’ll love the results.
@James and Helen thank you very much
^PV Reymond
http://www.pvreymond.com
TRIPTI SONI
October 28, 2008Hi reed
Nice post its true that threr is work involved in everything you want to take resuls for and you need a mentor or guide also everybody thought it iseasy to make money online due to fancy salesletters and spending lot of money to read different e-books but nothing works then people quit.it really take time to learn and imlement everything correctly
keep up giving good posts
Tripti
http://quickincomewithsuccess.com
Mark
October 28, 2008I have nothing to say here, PV it is clear what you are saying about mastermind group. No one can do it alone.
Chris Imamshah
October 29, 2008Very timely post for me as I am currently in the early stages of a mastermind group of 5 people from all around the world, sharing ideas and the workload and coming out with our own line of products.
My belief has always been that you can learn from your competitors and sometimes a collaboration in a mastermind group where each is working towards the same goal can escalate your learning curve and path to success.
Thanks PV for that excellent post.
Chris
http;//www.christineimamshah.com
PV Reymond
October 29, 2008@TRIPTI SONI having a good guide that you can follow is essential to move on faster.
@Mark thanks, I agree with you, nobody can do it in isolation, it is really hard.
@Chris Imamshah thank you very much, keep working with the MMG because the results you’ll achieve will be amazing.
Thanks,
^PV Reymond
http://www.pvreymond.com
normz2
October 30, 2008Good post. I like the idea about only about 5 people in a mastermind group. In a regular forum there could be 50 or more people. With a fewer number everyone can have their say and learn faster, or even relearn things that they forgot. It would certainly help with the learning curve. There should be a team coordinator and have an agenda. What is not covered in one session can be brought to the next sesion with some research.
admin
October 30, 2008Thank you PV and everyone else who commented.
PV Reymond
October 31, 2008@normz2 thank you, I agree with you.
@Reed you are welcome
delords
November 1, 2008Great writeup Reed
delordss last blog post..
Jussi Koiranen
November 12, 2008Masterminding is a very cost effective to boost your business, your energy, your knowledge, you! My success this year with internetmarketing is due to two things and other one of them is my team in T-era.
Pat Gunning
November 19, 2008We love brainstorming sessions. They are stimulating and often very educational. This is how you expand yourself in business when others successful actions are brought directly to your attention.
This gives you the impetus to learn and expand. Marketing is all about growth, practice and focus. Get those and you will always have success!
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