PLR.me has released a new bundle for coaches that are interested in Mastermind Group (A mastermind group is a collection of like-minded people who are pursuing similar goals and objectives). You can get 4 done-for-you brandable resources related to Mastermind at a 16% discount. All 4 items come with a standard private label license so you can brand it and sell it as your own. The regular cost is 24 Credits, and now you can get them for 20 Credits.
Mastermind Group – PLR Bundle
After you have purchased the bundle, you will be downloading a single zip file that is about 160MB in size. The zip file contains 3 folders as listed below.
The template/reports come in various formats: pdf, docx, and pages. The bundle comes with 3 cover images as well.
This folder contains 2 products:
A) Highly Effective Mastermind Group – Executive Summary
This report contains about 1700 words, that consists of the following sections:
- A Little Help From Your Friends
- Step #1: Define Your Focus and Purpose
- Step #2: Create the Ground Rules
- Step #3: Invite People
- Step #4: Create a Meeting Agenda
- Step #5: Choose the Right Tools
- Step #6: Meet
- Step #7: Periodically Evaluate
- Should You Charge Money?
- Avoid These Pitfalls
B) Highly Effective Mastermind Group – Templates
The template comes with 3 pages, each contains the following topics:
- Meeting Agenda Template
- Member’s Meeting Preparation Sheet
- Questions to Ask Potential New Members
This folder contains the “Highly Effective Mastermind Group” report. This report is beautifully formatted with some images and contains about 5100 words.
Below is an extract from the report:
Avoid These Pitfalls
If you want your mastermind group to succeed, there are best practices to follow (previously discussed) and certain pitfalls you must avoid. The more you can avoid the pitfalls, the better your group will function.
Here are some of the most common reasons mastermind groups don’t succeed.
Lack of Commitment
If the members of the group aren’t committed, it will be very difficult for you to gain momentum.
What does lack of commitment look like?
- Not showing up to meetings
- Making excuses for failing to reach goals
- Not participating in meetings
Solution: If it seems that a member isn’t committed, talk to them privately first. There may be a totally valid reason (health problems, financial troubles, or other issues).
If they don’t want to be part of the group, give them the chance to leave. Otherwise, ask them to change their behavior. If they don’t, follow the process you established for removing members.
The goal of a mastermind group is that everyone would be able to actively participate. If the group becomes too large, this becomes very difficult. People are left out of discussions, communication becomes clunky, and members become dissatisfied.
Solution: Consider how you might split the group into smaller, more manageable mastermind groups.
It can be tempting for the group facilitator to act like the mastermind group is a class or coaching group. Instead of actively soliciting the insight and advice of everyone, they lecture the group. This will quickly disenfranchise the members.
Solution: If you’re the facilitator, make a deliberate, conscious effort to involve every member of the group. If you delegate the job to someone else, ensure they know exactly what is expected of them.
Lack of Accountability
One of the great benefits of a mastermind group is that members can hold each other accountable. If this doesn’t happen, it’s much less likely that everyone will achieve their goals. If they don’t achieve their goals, they’ll be less motivated to participate in the group. It’s a downward cycle.
Solution: Have every member share their goals with the group. During each meeting, have a time when members share updates on their progress.
Lack of Transparency
The group will only succeed if members feel like they can open up and be honest about their struggles and difficulties. If they think they’ll be ridiculed, judged, or looked down on, they won’t share openly.
Solution: Set an example for the group by consistently being open, honest, and transparent. If anyone ever openly ridicules or looks down on someone, shut it down immediately and address the situation.
Slide Deck Presentations
This folder contains the “Highly Effective Mastermind Group” coaching workshop presentation slide deck, which comes in the following formats: key, pdf, and pptx.