You probably landed on this blog post and wondered, “Why would a company offering mastermind groups write about why you shouldn’t join a mastermind group?”
You’re just about to find out why…
Tony Robbins, Oprah Winfrey, Grant Cardone, and even Mark Zuckerberg’s success are all products of mastermind groups.
But something else stands out among this group; they were once highly sceptical about joining mastermind groups. Some hesitated to seek outside advice, thought they could achieve success by themselves, or didn’t see value in a mastermind group.
But years later, these four people have completely changed and spoken publicly about the immense value that mastermind groups bring. Mastermind groups are important for personal and financial growth, networking and collaboration, and collective wisdom.
Across the world, mastermind groups have birthed legends. And despite your reasons for not joining a mastermind group, you may want to challenge those thoughts and see how far you and your business could go.
Mastering the Mastermind: Addressing Six Common Objections
Over the years, we have found similar reasons why people deny themselves the opportunity to join a mastermind group. In this blog post, we address 6 of the most common objections that we have received in the recent past:
- I don’t have enough time
- I don’t see its value. What’s the ROI?
- It’s too expensive
- I’ve tried other mastermind groups before, but they don’t work.
- I prefer face-to-face groups as opposed to online ones
- I don’t think I can add value
Six Reasons Why You Shouldn’t Join A Mastermind Group
1. You Don’t Have Enough Time.
Time is a sensitive matter for everyone, specifically for business owners. You can’t seem to get enough of it! And if you’re a solopreneur, things are even more problematic. You manage multiple departments all by yourself.
So, how can you expect to have enough time for a mastermind group?
Well, here are two reasons why a mastermind group should be part of your priority list items:
Improve your Time Management Skills
Surrounding yourself with like-minded business owners means one thing: You are likely to have encountered the same issues.
If your reason for not joining is that you don’t have time, I’m here to tell you that at Mastermind9, we can help you identify ways to prioritise your time and ensure that you make the most of your time.
Many business owners have presented time constraints as a challenge at Mastermind9, and we have helped them navigate the issue.
Leah Waller, one of the members, reports that just a few months after joining, she could take a two-week holiday without work while doubling her invoicing. She attributes all this to Mastermind9.
Set Aside Time To Work On Your Business
You don’t have enough time to commit to a mastermind group because you let too many things slip into the critical and urgent quadrant.
You spend too much time working IN your business to remember to work on the company, which can cost you dearly!
Mastermind9 ensures that you schedule monthly time to grow your business in all aspects. You go away with actions for yourself and report the progress when you return. You’re kept accountable.
2. You Don’t See the Value. What’s the ROI?
So what if you get advice from eight other small business owners? What does that have to do with your growth? They don’t know my business.
Well, to answer that, the statistics don’t lie.
100% of our mastermind members have reported success – They have managed to expand the office, hire new members, make A LOT more money, and create a work-life balance.
They’ve been able to do the stuff that they have been wanting to do for years! And they have openly shared that their businesses wouldn’t be where they are today without Mastermind9.
“Who would have thought somebody who runs a computer recycling company would be sitting here taking advice from someone who owns a kitchen refurbishment design company? We have different life skills, but we can support each other.”
Here are five benefits of joining Mastermind9:
Support in Your Business
You feel lonely and isolated in your business. You have no one to turn to for business problems, and no one seems to understand you. We want you to know that you are not alone!
Almost every Mastermind9’er reported these feelings before they joined. But with the group in place, these feelings slowly die down.
“I know if I’ve got an issue, even if it’s not to do with work, if I’m just having a bit of a rough day and don’t know where I’m going or whatever, I know that there’s someone else in the group that I can call or message at any time and they’ll be there just to either listen or to say they’ve been in that situation and this is what they did or don’t do this. “ ~Danielle Beeken
Business Growth
If you want to grow your business, Mastermind9 is the right place for you! No matter how you define growth, you will find it at Mastermind9.
How can we be sure? You set aside 4 hours per month to work on your business. You take away an assignment and are held accountable for working on it by the next session.
Surrounding yourself with people who refuse to see you fail can only mean one thing – Immense growth.
Accountability that Propels Your Business Forward
How many things have you said you would do for your business but have never done? Everyone has a to-do list that remains untouched because we don’t get around to doing those things.
In addition to being accountable as a group, every Mastermind9 member has an accountability partner who holds them to their promises.
Resources and Connections
With eight business owners and a facilitator in the sessions, you are guaranteed to pick up some gems every time!
Small business owners go through similar journeys and problems; you can always learn from one another. You’ll find that many of your questions have answers within the room, whether through resources or connections with other small business owners.
Quick Learning Curve
It’s pretty intense to have to learn things by yourself. But with a mastermind group, there are people to guide you every step of the way.
The members of your mastermind group will possess skills and ideas that may have taken them years to develop, and they can share them with you in a simplified way.
3. It’s Too Expensive
Sometimes, as business owners, we all need to be mindful about our expenditures. All the money you have is used to re-invest in the business. We completely understand!
However, Mastermind9 is an investment in your personal and professional growth. You become more confident, gain new resources and connections, and ultimately, your business grows.
When you join Mastermind9, you’re gaining access to a wealth of knowledge, networking opportunities, and mentorship that can propel you forward.
Almost all of our Mastermind9’ers have received a significant return on their investment and gained invaluable insights for their businesses.
Here are two reasons why Mastermind9 is not too expensive:
The ROI is Great
All factors considered, Mastermind9 is not too expensive. As a result of the group, members have made up to 300% more money in sales, and others have expanded their team and office space.
Some members have been able to take a holiday for the first time in years! In short, the value you get from a mastermind group is incredible!
At a cost of only £175, you enjoy:
- Monthly peer advisory mastermind group meetings
- Accountability actions
- Twice monthly networking groups
- Business planning workshops
- Company membership to The Alliance
- Business Listing
- 1-2-1 ad-hoc support
- Facilitated introductions to the right people
It’s Affordable
We have looked around and compared what we offer with other mastermind groups in the area. We can, without a doubt, say that we are affordable compared to many groups, but we pack a punch!
With Mastermind9, you get more value at a lower cost.
4. You’ve Tried Mastermind Groups Before, and They Don’t Work.
Yes, there are mastermind groups that don’t work for everyone, but we can confidently say that Mastermind9 is not one of them.
We look for the right fit—it has to work for both sides. If we think Mastermind9 isn’t right for you, we’ll signpost you to a group that might be.
We look for diversity. This is not about industry or gender specifics. You won’t be the only guy or girl in the group. You will be surrounded by various skills, personalities, industries and experiences. We believe that this diversity in opinion and ideas makes the magic happen. We make sure that everyone has their input, their time in the spotlight, and every voice is equal.
“There are different people in the group that can support me with different things. They call me out and say, “That’s not big enough” or “That would be easy for you to do, so push it up.” ~Leah Waller
Here are two reasons why I can guarantee that Mastermind9 will work for you:
Careful Selection
At Mastermind9, we critically analyse different personalities before placing them in a group.
We examine various emotional, social, mental, and moral aspects. We do everything in our power to ensure that you end up with ambitious, like-minded business owners who refuse to see you fail.
100% Success Rate
All of our Mastermind9ers have experienced growth on some level, whether financial, taking on team members, office space, confidence, or clients. And all of our Mastermind9ers have overcome challenges that they would ordinarily have struggled with with the support of their group.
Simon Crisp of Green Machine Computers says, “I honestly don’t think my business would still be here if it weren’t for Mastermind9.”
5. You Prefer Face-To-Face Groups as Opposed to Online Ones
Oh yes, the never-ending debate “Online VS face to face?”
Here’s what I’ll tell you…
Face-to-face meetings have benefits. They can be less structured, with more opportunities for informal one-on-one conversations.
On the other hand, online meetings have many advantages that we can’t ignore. In today’s world, it might be worth giving online communication a chance and seeing how many benefits you can reap.
Here are four reasons why you shouldn’t shy away from online mastermind groups:
Saves You Time and Money
Working a 9-5 essentially means working from 7-7, depending on where you live. If you factor in commute time, you’ll find it’s more than eight hours.
Online mastermind groups allow you to save on time driving to find your location and back. That time can then be spent on more useful tasks.
Good For Introverts
If you are quiet, shy, or prefer to spend time alone, online communication is much easier to master. Introverts tend to feel more comfortable in controlled environments.
Online communication allows you to attend and gain the benefits of a mastermind group from wherever you feel comfortable.
Convenient
Online communication is less intimidating than face-to-face. It’s also more comfortable and convenient because you can take your meetings from practically anywhere in the world.
It doesn’t disrupt your entire day.
Saves the Planet
A 2020 study in the UK showed that transport produced 24% of the country’s total emissions and remains the largest emitting factor.
By having more online communication rather than face-to-face communication, we are contributing to lowering that figure as much as possible.
6. You Think You Can’t Add Value
Impostor syndrome will make you believe you don’t have much value to offer others.
But I will tell you this…
We have heard this objection countless times, and the irony is that some people who came to us saying this ended up adding the most value.
As long as you are a business owner, you can certainly add value to another business owner’s life.
“I’ve learned that I have something to offer. My life skills are more than my business skills. So what’s lovely, is the exchange of support and resource and information. Knowing that everybody has something to offer. Some people might think they don’t, but they do. You just have to get going with it.” ~Danielle Beeken
Here are two reasons why we are certain that every business owner can add value to our groups:
Fresh Perspectives
The beauty of life is that no two people are the same. Our experiences, backgrounds, upbringing, education, geographic location and ideological beliefs are all factors that create perspectives.
Therefore, we all have value to offer someone else by suggesting a new, fresh perspective they probably hadn’t considered before.
Similar Experiences
As we have repeatedly mentioned in this blog post, many business owners face similar challenges.
You have a lot of value to offer if you can successfully navigate an issue. And for that reason, you have something to bring to the table!
Summary
I am so glad you have made it to the end because hopefully, I have explained the six reasons why you should join a mastermind group.
Mastermind groups have repeatedly proven to be a secret to success. They create immense value for the client by providing them with resources, connections, support, accountability, knowledge, and, most importantly, growth.
In summary, this blog dives into six objections that we commonly face from great potential clients and debunks the reasons why you shouldn’t join a mastermind group:
- You don’t have enough time
- You don’t see the value.
- It’s too expensive
- You’ve tried other mastermind groups, but they don’t work.
- You prefer face-to-face groups as opposed to online ones
- You don’t think you can add value
You could join a free taster session if you want to learn more about Mastermind9.
Or, please get in touch with us to chat more.
