Accelerate Your Firm's Growth with Your Own Legal Mastermind Group

Accelerate Your Firm's Growth with

Your Own

Legal Mastermind Group

888-432-1529 www.rocketmatter.com

A Mastermind group is a success

building tool. It’s used to bring

together achievement-minded

people who are determined to

reach their highest goals.


Is there anything in your business,

professional development or

personal development that you’ve

been putting off?


Benefits of a Mastermind Group

• Be a part of a group of inspired people you

respect and admire

• Accountability to stay on course for getting what

you want

• Support of your team and access to their

expertise and network of resources

• New ideas can come from the exchange and

people offering new perspectives


First:

Define Objectives for Your

Mastermind Group


Your Mastermind Group is

Your Advisory Board!


Example: Young Presidents Organization

• A Mastermind group with 8 members, that has been together over

10 years

• Meets in person once monthly, take summers off

• Does multi-day retreats 1-2 times per year

• Openly discusses:

✴ Hiring the Right People

✴ Business Plan Reviews

✴ Opportunity Reviews

✴ Pro Forma and Financial Reviews


Top 4 Tips for Starting Your

Own Mastermind Group


1. Start your group with one other

person and grow from there.


2. Look for successful

people in your

personal or

professional life that

have inspired you.


3. Seek out group

members in

organizations, Facebook

or LinkedIn groups that

specialize in your area of

interest.


4. If virtual

Masterminding

appeals to you,

look for potential

members at

national events.


How do you cultivate the

right group?

• They must relate to your on a personal level

• They must have similar, yet different experience

• Competitors v. Allies

• Vary the temperament, strengths and

personalities of your members: idea people, detail

people, risk takers, etc.


Next:

Establish a Structure for

Your Group’s Meetings


Critical Questions to Ask

• How often will you meet as a group?

• Which day of the week or month? What time?

• How long is each meeting?

• Is there a limit to how many members can join the group?

• When and how are new members added to the group?

• What is the criteria for evaluating new members?


Sample Agenda and Structure

• Start with informal catching up (10 mins)

• Updates on where each person is with goals from last session

(5-10 mins)

• “Hot Seat”- Take a dive into a specific challenge that one

member is having and offer up potential actionable solutions

(20-30 mins)

• Wrap up with an open forum to discuss any major outstanding

challenges from other members, state goals that each person

wants to accomplish before then next session, then book the

date and time of the next session (10 mins)


Decide on a Group Leader

• This will be the person who keeps sessions on

track, schedules the next meeting, does the

agenda for each session, and sends recap notes

with everyone’s goals.

• In charge of organizing the Mastermind group,

recruiting new members, managing the logistics

of getting everyone together in person or online.


Decide on a Moderator

• This person keeps the

meeting organized and on

track with the time you’ve

allocated to each activity

• They may also organize

group retreats and once-

yearly training on how to

run a better meeting


Other

Critical Rules


Confidentiality

• You’re creating a

safe environment

where everyone

can be a “work in

progress”


Preparation

• Review your vision, goals, and the concrete

measurable results you’re trying to achieve

• Refresh your action plan, and bring a version

you can share with your group

• Bring questions you want to ask your group,

and a clear sense of what you want to walk

away with


Give and Receive

• Giving feedback and

ideas to others is great,

but being willing to open

up, be honest, and

receive will also

determine your value to

the group as well.


No Judgment

• You cannot force a

Mastermind group member to

take action, but you also

cannot stand in judgment of

their decisions. Find another

way to keep a member

accountable.


Share Evenly

• A regular practice of pitching in to solve

problems that are outside of your typical area

of expertise will give you new perspectives and

idea to implement within your own business


How to find a pre-existing

Mastermind group

• There are professionally-run mastermind groups that pre-

qualify you and place you into the right group for your

needs

• If you’re interested, do a Google search for a group in your

area

• Sometimes these groups revolve around a specific goal

such as writing a book or growing your business.

• They can also be holistic, focusing on all areas of life


You can get greater,

more focused results if

you just start your own!


Q & A

Thank You!Jeff Shavitz | [email protected]

Nefra MacDonald | [email protected]

Law

Accelerate Your Firm's Growth with Your Own Legal Mastermind Group