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Business Acceleration with Peer Mastermind Groups
About this episode:
In this episode, we are talking about Peer Masterminds. Here at the Braintrust Professional Institute, we are coaches, trainers, and facilitators. We work one-on-one coaching leaders, deliver management training to teams, and share our knowledge as keynote speakers. However, there is one mode of learning that many leaders have not had experience with a peer mastermind group.
A peer mastermind is a facilitated group with five to eight participants, all of whom are running successful organizations. Each person learns from the experiences of others, and the combined “mastermind” is an accelerant for business - and leadership - growth. It allows you to build connections with other leaders, test-drive ideas with your peers, and expose you to impactful new business concepts.
Randall Craig is here today to offer insights on how to leverage a peer mastermind group.
Part 1
Part 2
Topics Discussed
• How does a peer mastermind group fit into the professional development of a leader? (1:07)
• Go fast along or go far together: Does this apply to investing in a peer mastermind? (4:07)
• How is a peer mastermind group different from being part of a professional association? (5:57)
• How does the facilitator impact the peer mastermind group? (11:34)
• Who decides who can joins the peer mastermind group? (15:30)
• Does the personality of the leader of a peer mastermind group define the culture of the group? (18:39)
• Should the peer group mastermind facilitator be a subject matter expert, or is having facilitation skills enough? (22:55)
• Which is better: Meet virtually to assemble a best fit peer group or sacrifice the best fit talent pool in order to meet locally? (25:51)
• Organizing peer mastermind groups for employees of an organization. (0:11)
• Expert led group learning vs facilitated peer mastermind group. (2:56)
• Is it appropriate for an organizational leader to send a "stand in" employee in their stead to participate in a peer mastermind group? (7:23)
• What is the recommended length of time for a mastermind group to commit to meeting? (11:06)
• Should a peer mastermind group cohort onboard new members or stay private? (14:35)
• How can peer mastermind group members best prepare for each group session? (16:38)
• What is the better time investment for leader: Set up an advisory board or a peer mastermind group? (19:53)
• How can we get the most out of a peer mastermind group?(25:00)
Curious? Questions? Interested in exploring the possibilities?