This Article is About
mastermind
mastermind group
brick and mortar
based business owners
important decisions
local university
time commitment
Home Based Business Owner Mastermind Teams
Join 1000's of Authors at StreetArticles Today!

Have you heard the word "mastermind" group or team lately? Sometimes the word gets bounced around with both positive and sometimes negative responses. Truth is.... it can prove to be your greatest business asset or a waste of your valuable time. Not much in between to consider for the busy entrepreneur.

Home based business owners as well as brick and mortar retail business owners can benefit from a well thought out mastermind team. Doing your "own" thing is great but input from other business executives can be extremely valuable when making important decisions about the future of your business.

Unfortunately, my gut feeling says there are very few Mastermind groups. I'm not sure of the reason but there is a time commitment from everyone who is willing to participate on your team. You might agree to meet weekly with your team or every two weeks as necessary. You decide if this makes sense for your business.

Your investment of time and energy can payoff big for your entire team. Careful selection of your team members is critical to your success. Internal executives should be involved in most or all of your meetings with the firm's mastermind team. Don't leave your executives on the outside when they are important to your growth and future success in the marketplace.

Research what others are doing with their mastermind team. How do you begin the process? Is there a particular background or expertise required? Maybe 5 or 6 is a good number to consider inviting from the business community as potential mastermind team members.

Another option to consider is the local university, to inquire if they have a formal system to be involved with the local business community. At the University of NC Charlotte there is the Ben Craig Center [BCC] which provides lots of expertise through their connection with the university. After writing this it prompted our inquiry with the University and the BCC to tell us about their current involvement with the local business community.

How do they evaluate their successes? Their failures? Whom at the university oversees the incubator system at the BCC. Are university students or graduate students involved?

If you have deep pockets then you can hire the necessary legal counsel and accounting expertise but every new business does not start off with excess cash. There are services and valuable guidance available through the Small Business Administration for both financial and advisory guidance. Usually, a large number of the SBA counselors are retired business executives in a group known as SCORE. Worth checking out!

As you know, our focus remains on the home based business owner. Our goal is to encourage everyone to build a Plan B for financial security. It takes little money to learn the insiders track to Internet Marketing and training from the experts. Remember, YOU are your own security, not your boss or employer. Join us in our effort to put America and the World workforce back on the right track for success.


Street Talk

No comments present
You May Also Like
Big Idea Mastermind Review
I decided to do a Big Idea Mastermind review myself after I was getting so many conflicting reviews about it while searching online. I accidently stumbled across Vick Strizheus (the founder of Big Idea Mastermind) while searching for ways to pick a good Clickbank product to promote. I watched a…
2
  Likes: 0

Big Idea Mastermind Scam
I stumbled across a program about two months back entitled "Big Idea Mastermind", which claimed how the creator made over $700,000 in 28 days. Needless to say, as a newcomer to the online job world, I was at full attention "Ah TENNN Tion!". After watching the full introduction video (much…
By: J. Stretch in  Internet and Businesses Online  >  Internet Marketing   Jul 20, 2013  
4
  Likes: 1

Do You Have A Mentor?
Are you an entrepreneur who is looking for a way to make some money online? Do you have any idea on even where to start? Do you know what a mentor is or even how they could help you? A mentor is a leader who is willing to help you…
By: Chery Schmidt in  Self Improvement  >  Abundance Prosperity   Aug 03, 2011  
0
  Likes: 1

The Law Of Attraction – The Power Of The Mastermind Group – The Ninth Step To Success
In his famous book Think and Grow Rich, Napoleon Hill says “Power is required for the accumulation of money! Power is necessary for the retention of money after it has been accumulated”. Behind success there is power and a marvelous way to generate such power is belonging to a mastermind…
By: Sylviane Nuccio in  Self Improvement  >  Achievement   Nov 10, 2011  
0
  Likes: 0

Home Based Business Owners Seek Mastermind Group
Every month across America and the world another 50,000 home based businesses begin. Actually, somewhere in my reading time last week, that number showed up, you decide, there may be thousands more. Regardless of the daily, weekly or monthly start ups, I do recall that millions of us are home…
By:  in  Home Based Business   Jan 22, 2012  
0
  Likes: 0

Online Home Business Team - You Need A Team
Would you consider you need a online home business team. When you put plans together to build a home. You need a set of blueprints. Then you need to hire a team. Which consent of plumbers, electricians, framers, painters, brick layers, and general contractor to over see the job. When…
By: Ken Van Nortwick in  Home Based Business  >  Network Marketing   Jun 19, 2012  
0
  Likes: 1

How To Use An Autoresponder Properly For Your Affiliate Marketing Business
When used properly, an auto responder can be a terrific tool for your affiliate marketing business. It can save you a tremendous amount of time while allowing you to disperse a single email to a vast amount of people. The trick is knowing what not to do and what to…
By: Michael26 in  Internet and Businesses Online  >  Autoresponders   Dec 05, 2011  
0
  Likes: 1

Do YOU Capture Leads?
Do you capture “Leads”? This term is also known as Email Marketing. Email Marketing comes into action when you have to make a list by capturing leads of people who are interested or want more information regarding your product or services. Many times a visitor visits and leaves your site…
By: Shaishav Sood in  Internet and Businesses Online  >  Autoresponders   Aug 08, 2011  
0
  Likes: 1

Autoresponders - What Are They?
Ever receive an email that reads: " Your email could not reach the intended recipient because...". This is the work of an autoresponder. An autoresponder is basically a computer software program that automatically responds to emails sent to it. In the world of Internet Marketing, autoresponders are not only solely…
By: Andy Yeo in  Internet and Businesses Online  >  Autoresponders   Jan 10, 2012  
0
  Likes: 0

Home Based Business Automates With Autoresponder
Just a few years ago the word "autoresponders" was foreign to most entrepreneurs. My guess is that the majority of people have no idea how emails arrive on their computers personally addressed. Autoresponders can address each email sent out to subscribers with the recepients name, date and other personal information…
By:  in  Internet and Businesses Online  >  Autoresponders   Nov 14, 2011  
0
  Likes: 1

How to Use an Autoresponder
If your Internet marketing efforts are paying off and you’re making sales, are you keeping in touch with your customers? Keeping in touch means to show your appreciation for their support, and it also is the perfect way to nurture your new relationship with your customers. From a marketing standpoint,…
By: Tom Marchido in  Internet and Businesses Online  >  Autoresponders   May 23, 2011  
0
  Likes: 1

Autoresponders is it Worth it to Use A Service Or Do it Yourself??
AutoResponders are a must have for any internet business so the question is should I use a free autoresponder, buy software and run it on my PC or server or pay for an autoresponder from one of the many services out there?? The basic function of an auto responder is…
0
  Likes: 1

An Autoresponder Turned Advertising Powerhouse
Hopefully you have signed up for an autoresponder account and are ready to create an email campaign. If not, get one now, I prefer AWeber. Now AWeber has some great tutorials on how to get started and how to use their products and service, but what I want to get…
0
  Likes: 1

Having Email Classes Through Autoresponders
One method of marketing if you are in the internet marketing business is to offer something free to your website's visitors. This will often times result in many sales in the future. Delivering a class through email is quite popular, and potential customers will sign up for these classes regularly…
By: Marla Overton in  Internet and Businesses Online  >  Autoresponders   Jun 13, 2011  
0
  Likes: 1

What is An Autoresponder?
Life. It is all around us. We see the sun in the sky, the birds chirping and sounds all around us. How we react to the things around us is what we refer to as a response. For example, if you have a tickle in your throat, you may cough,…
By: Scott15 in  Internet and Businesses Online  >  Autoresponders   Sep 16, 2013  
0
  Likes: 0

Article Views: 1416    Report this Article