In his book, “Think and Grow Rich,” he talked about something called a “mastermind alliance.” He goes on to describe a mastermind group as, “A friendly alliance with one or more persons who will encourage one to follow through with both plan and purpose.”
In his book, “Master Key to Riches,” Napoleon Hill says, “Every mind needs friendly contact with other minds, for food of expansion and growth.” To Hill mastermind groups are established to help create an environment that nurtures and supports growth.
Notice how he uses the word “friendly” throughout his discussion of mastermind groups? Hill believed that a harmonious groups of two or more people who come together for a specific purpose, or around a specific topic, bring forth the power of creativity and support that you can’t find when you go it alone. Napoleon Hill feels so strongly about this that he says in Your Magic Power to be Rich, “Maintain perfect harmony between yourself and every member of your master mind group. If you fail to carry out this instruction to the letter, you may expect to meet with failure. The master mind principle cannot obtain where perfect harmony does not prevail.” That’s a strong message about what makes a mastermind group succeed or fail.
In Hill’s book, “The Law of Success,” he adds another element to the idea of a mastermind group: the group helps to organize useful knowledge, creating a virtual encyclopedia from which each member can draw information.
When starting a mastermind group, or joining an existing one, look for these three hallmarks: friendly, growth-oriented, and willing to share information.