What is a Mastermind Group and is it for you?

Home Business Growth Strategies What is a Mastermind Group and is it for you?
What is a Mastermind Group and is it for you? thumbnail image

As a small business, there’s a good chance that you are looking for an aggressive way to grow your business. MYVCMO has recently partnered with Bold Networking to create a group of executives and founders to provide peer accountability and provide a group setting that allows business owners to sharpen their business and personal skills. In this article, we will explore some of the ways a mastermind group can help small businesses achieve success by challenging each other and setting powerful goals.

When partnering with a mastermind group, you will have the ability to create a goal and then achieve it. Throughout the process, small business owners will obtain help with creative ideas and guidance through the decision-making process, to help determine viable solutions to help ensure your proper outcome is available in the hardest situations. This approach ensures that the unique problems your business is facing are dealt with accordingly. By sharing your success stories, you can even help provide guidance for other small businesses that are facing the same issues.

Participation in the Mastermind Group program requires a commitment to bettering yourself as a business while also maintaining confidentiality while also ensuring that you are willing to provide advice for burgeoning businesses while being receptive to advise that is given to you. Throughout the process, your information will remain confidential; however, you will still provide data the provides opportunities for growth for similar businesses across different industries. 

Working with a Mastermind group functions similar to having your own objective board of directors or peer advisory group to help determine the best path when faced with a difficult decision. This provides all of the services you expect rolled into one service to ensure you are making the best decision possible as a business owner. Unlike a networking group, a Mastermind Group helps members grow together with a set standard for accountability as well as recognized management skills and ideas.

Through our partnership with Bold Networking, you have access to a team committed to your success. However, this involves submitting monthly financials, marketing plans and sells metrics to a C-suite advisory board, CFO, CMO or Chief Sales Officer. By being in the “hot-seat” quarterly, these positions will address any red-flags they are seeing and be held accountable for the actions plans they submit to affiliated businesses.

If you think your business may be a candidate for the mastermind program, the team at MYVCMO is here to help. Without our partnerships, we are committed to ensuring that businesses have the resources needed to focus on real growth. While these services are not a replacement for your existing plans as a CEO, they are a great opportunity to seek external help that shines a light on problems that may be present in your existing plans.

Ready to get started? One meeting and you are guaranteed to understand what makes us different from every other marketer you have ever met. I look forward to learning more about your business during your initial consultation to determine the best path for your business to achieve success. Contact us today to learn more or get started.

About Matthew Maennche

My name is Matthew Maennche, and I am a Virtual Chief Marketing Officer.

After years of helping small businesses recover from a Website Design Specialist who “fell off the planet” or those in dire need of Reputation Management as a result of hiring a not so well trained Social Media Management Expert, I realized how strong the need is for marketing expertise at the small business level.

By simply having access to someone who actually understands how digital marketing works, businesses can leverage things like Search Engine Optimization or Social Media Marketing to increase their presence, service area and most importantly bottom line.

I offer my nearly 20 years of experience managing marketing campaigns for businesses all over the world to you as your Virtual CMO.

As a vCMO, and by working with several companies on a part time basis, I am able to provide you years of experience and education for hundreds of dollars a month as opposed to the hundreds of thousands of dollars a year a full time candidate would require.

I look forward to learning more about your business and its journey in your free initial consultation.

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