Find Support and Strength with a Mastermind Buddy

“A Master Mind may be created through the bringing together or blending, in a spirit of perfect harmony, of two or more minds. Out of this harmonious blending the chemistry of the mind creates a third mind which may be appropriated and used by one or all of the individual minds The Master Mind will remain available as long as the friendly harmonious alliance between the individual minds exists. It will disintegrate and all evidence of its former existence will disappear the moment the friendly alliance is broken.”
— Napoleon Hill, Law of Success

So what the heck is a Mastermind Buddy?

Small Business Coach Strategist Maria MarsalaA Mastermind Buddy (MB), also called an Accountability Buddy, Mastermind Partner, etc is your on-going support between group meetings, a partner in support, available to provide assistance and advice.

Who

A Mastermind Buddy is:

      o  an excellent listener.
      o  your cheerleader.
      o  your accountability partner.
      o  ready to keep confidences.
      o  willing to push you.
      o  able to help look at places you’re stuck.
      o  able to discuss assignments or brainstorm.
      o  open to new ideas.
      o  honest with themselves and their Buddy.
      o  able to inspire you to stay focused.
      o  ready to change and grow.
      o  open to give willingly and freely.
      o  never a hog of the conversation.
      o  able to leave judgment at the door.

What

Agree to meet regularly to nurture each other’s business intentions and goals for “x” amount of time. Spend half of the time working on Buddy number 1’s situation, and half on Buddy number 2’s situation.

Where

Buddies can meet via phone, in person, conference phone, Skype, Dim Dim, email, etc.

When

Choose a day/time which both buddies agree to. In addition to talking on the phone, you can also arrange to email each other. Meet as often as daily, or infrequently, such the weeks which we don’t have a session. It’s up to you and your Buddy to decide what works best.

Sample Agenda: First Meeting

      o  Introductions.
      o  Discuss what each person wants out of the process.
      o  Each Buddy should give and be given permission to be direct and 100% honest.
      o  Be clear and supportive with all comments.

Sample Agenda: Typical Meetings

      o  Each Buddy shares WINS for up to “x” minutes.
      o  Each Buddy shares how they’d implemented a strategy gleaned from the last meeting to solve an issue for “x” minutes.
      o  Buddy 1:Shares one of the following: their biggest struggle, challenge faced in business at this time, homework assignment they’re stuck on, information a Buddy could use, feedback on a project, etc.
      o  Buddy 1:Explains the history of the problem, challenge, or area they are stuck in. Discusses:
a) How they would like things to be instead?
b) How would it look if it were different?
C) What’s been done so far to improvie the situation?
      o  Buddy 2: Asks clarifying questions for 1 minute; Buddy 1 answers.
      o  Buddy 1: “Zips their lips” and takes notes with no verbal or mental judgments.
      o  Buddy 2: Gives the gift of their suggestions, advice, resource(s), or what they have done when encountering similar situation, etc.
      o  Buddy 1: Thanks Buddy 2.
      o  Buddy 1: Chooses an idea from their notes which they’re willing to do before the next meeting.
      o  Repeat the process for Buddy 2 (next meeting Buddy 2 goes first).

Just remember: It’s about giving to get. It’s not about tit-for-tat.

© 2010 Elevating Your Business. Maria Marsala is strategic business coach, speaker, and author of eight workbooks geared toward helping financial professionals improve their bottom line. A former Wall Street trader, Maria helps CEOs, presidents, and executives build bigger businesses without sacrificing their personal lives. If your’e ready to grow your business empire faster than you can do on your own, visit Sign up for Focus! Ezine, a newsletter jam-packed with Maria’s singular brand of tips, tricks, and priceless strategic business advice. Visit CoachMaria.com

Some Differences Between Strategic, Tactical & Operation Planning and Execution

Here is how I define strategic, tactical, and operational planning and execution.

Strategic helps you create the critical short — and long-term goals that help you move ahead faster.

Tactical helps you implement your strategies and make sure that all the pieces of your business are in alignment.

Operational helps you systematize routine tasks first, then create systems for as many administration/operations/marketing processes as possible ALWAYS keeping your clients and employees in the forefront of every process as to not over systematize things.

(c) 2006 Maria Marsala, Elevating Your Business.

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