Making a Mastermind Successful — Part 2

At this point in my career, I’ve had enough experience with masterminds to know what makes them work and what doesn’t. As we launch Mastermind PH next week, I want to make sure everyone who signs up is signing up for the right reasons.

Having spent most of the past decade doing business in the Philippines, I’ve got volumes of experience to draw on.

Mastermind PH marks my 7th business venture in my adopted country since 2011. The first one failed spectacularly, the next two based on learning the ropes through hard knocks did ok. But by the 4th go around I got the formula right and enjoyed massive success.

So lucky #7 will have every reason to succeed. Why do I feel so confident? Because it’s a business mastermind forged out of everything that came before it and everyone that contributed (good & bad) to getting me to where I’m now at… the sweet spot.

I’m also in the right place at the right time. A lot of great ideas and business plans here in the Philippines misfire because of not being in the right place at the right time. Over the years spent here, having worked with the hundreds of businesses and the thousands of Filipinos in my circle, the biggest challenge to success I see is the broke brother in law concept. If you are Filipino, it’s a concept akin to the “crab mentality”.

If you are surrounded by people whose only goal is to keep everyone down in the miserable place they are, you will fail. Stop taking advice from people who are never gonna be as successful as you plan to be. You need to leave them behind and get signed up to be part of a business mastermind.

Now as a recap for those who hadn’t heard of the term business mastermind before, a mastermind group is a peer-to-peer mentoring concept used to help members solve their problems with input and advice from the other group members.

The concept was coined in 1925 by author Napoleon Hill described in more detail in his 1937 book, Think and Grow Rich. Find the book, the audiotape or do a google search. If you truly want to Think and Grow Rich, it all starts here!

So to help me build my first mastermind in the Philippines I’m looking for Filipinos from a certain mold. The goal is not just to sign them up to be in my mastermind, but to get each one to a point where they can run their own mastermind as well.

I’ve learned from two of the best in the business, Bill Walsh & Michael Silvers. I’ve set up a couple of masterminds in Central Florida. I know Napoleon Hills concept down. And I’m part of one of the biggest, baddest, most accomplished mastermind groups out there, Powerteam International’s Win Global Mastermind.

So to summarize my point… the 3 biggest reasons I know Mastermind PH will be a huge success; adaptability, market awareness and being surrounded by people who make me better.

Daniel Meyer heads Sonic Analytics, an analytics firm with offices in Manila, the San Francisco Bay Area and Ocala, FL. With over 20 years in Big Data, Dan is one of the most sought-after public speakers in Asia and offers big data coaching and analytics training seminars on both sides of the Pacific. Dan has also recently joined the Powerteam International family as a small business analytics resource speaker.

Sonic Analytics(www.sonicanalytics.com) brings big data analytics solutions like business intelligence, business dashboards and data storytelling to small and medium sized organizations looking to enhance their data-driven decision-making capabilities. We also advocate the use of analytics for civic responsibility through training, consulting and education.

As citizens of this great democracy, we need to look at the data (analytics), plan a course of action (strategy) and share our data-driven viewpoints (presentation). This approach to a data savvy work force starts in school. So, we started an internship program to empower our youth to use Analytics, plan Strategy and Present their insights… ASP!

When not training current and future analysts, you can find Dan championing the use of analytics to empower data-driven citizenship by volunteering his expertise with schools and non-profits dedicated to evidence-based social progress like Saint Leo University’s Women in STEAM 2020 Conference.

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