Taken from Chapter 10 of Napoleon Hill’s 1938 “Think and Grow Rich,” the term ‘mastermind’ and its principles have been used by entrepreneurs such as Thomas Edison and continue to be implemented today by brands such as Disney.
By creating their own mastermind alliance of successful and driven individuals, they create a strategic advantage by meeting regularly and discussing business concepts, and brainstorming new ideas for controlling the marketplace or recreating it.
Spearheaded by Jeremy Shapiro, along with other top business owners and entrepreneurs, Bay Area Mastermind in Northern California analyzes members’ businesses and provides strategic feedback and guidance on what they can do to improve their businesses, overcome hurdles, or even next steps for growth.
This kind of facilitated peer advisory allows what Shapiro calls “collaboratively working on the business instead of in the business” which helps members strategically grow their business from real-world first-hand advice, expertise, and experience.
“Navigating through the struggles of a small business owner is an extremely daunting task, especially when you know that the success of your company relies solely on you,” says Jake Nguyen, COO of the Flying Locksmiths of San Jose. “Prior to joining the Bay Area Mastermind group, my father and I struggled to determine the next major step to better our business. Smothered by the countless issues at hand, we had little idea of what to focus on. After joining the Mastermind, the unique experiences of every individual have helped guide me to take that next right step.”
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