Not a mastermind? No problem. They're all around
You don’t have to be a mastermind, but you can benefit from one. You can start or join a mastermind group. A mastermind group is a group of people who get together regularly to collaborate, help each other, offer advice and exchange contacts for the purpose of mutual benefit.
“Starting a mastermind group is a natural fit for retirees,” according to Tobe Brockner, who is quoted in a recent article in Business News Daily, “6 Smart Business Ideas for Retirees.” Brockner is the author of "Mastermind Group Blueprint: How to Start, Run and Profit from Mastermind Groups" (Aloha Group Publishing, 2013).
"Many [retirees] already have a network that they can tap into to find excellent mastermind group members, and by being the group organizer and facilitator, they can make a nice supplemental income," said Brockner.
Depending on the size of the area in which they live, Brockner said enterprising retirees can start and facilitate multiple mastermind groups, and charge a premium for the value of being a member.
"Mastermind group facilitators can generate between $1,500 to $3,000 per month per group for just a few hours [of] work," he said.
Stephanie Burns, founder and CEO of Chic CEO, a free resource for female entrepreneurs looking to start a business, wrote an article in Forbes magazine about seven reasons to join a mastermind group. They including being a part of an exclusive group, getting advice from people you trust, and picking up new learning.
What if you want to join a mastermind group instead of starting one? Here’s one source of information: The Success Alliance, headed by Karyn Greenstreet, author and small business consultant. The website lists various mastermind groups, some that meet in person and others that meet via videoconference and telephone. The site provides a description of each group’s area of focus and contact information. The list is updated monthly.
Looking for one in my neighborhood, I found Meetup.com with mastermind group contacts in the San Francisco Bay Area.
As a latecomer to the worlds of both mastermind groups and meetups, I found that there are tons of opportunities out there in both fields. All you have to do is look!