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7 Tips to Keep Your Mastermind Group Alive & Kickin'

Why Seminars are Out and Masterminding is In


Written By: Victoria DelFrate, Mortgage Business Coach, and creator of ICanPlan.biz, an inexpensive online business planning tool!


Do you remember—not so long ago—sitting in a room with 2,000 of your closest loan officer friends (not!) and having someone preach to you on how THEY get a million leads and HOW you can too—if only you buy their fool-proof systems?

Those “mega seminars" are gone (for now) and it has ushered in a new era of idea sharing called MASTERMIND GROUPS.

Mastermind groups are formed by professionals for a number of reasons—with the top three being:

  1. To generate new ideas and share best practices in an effort to increase revenue and create efficiencies in each member's businesses.

  2. To establish a space for accountability, goal setting and encouragement amongst entrepreneurs who are not necessarily reporting up to or being pushed by a Manager. (They are the captain of their own ship.)

  3. To network and cultivate possible referral relationships with other professionals.

Professionals generally enter into mastermind groups with great enthusiasm and high expectations. However, after six months to a year of meeting, many groups find that the excitement has a tendency to wane and unfortunately, the attendance then follows suit.

Here are 7 helpful tips to help keep your Mastermind group engaged, consistently attended and growing...

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