Teaming Up To Make Business Dreams Come True A New Generation Of Entrepreneurs Turn To Each Other For Motivation, Accountability, And Strategies

Released on = September 26, 2006, 9:58 am

Press Release Author = Evan Carmichael & Associates

Industry = Small Business

Press Release Summary = One of the great idioms of our time claims, "Great minds
think alike." Entrepreneurship expert Evan Carmichael would beg to differ.

Press Release Body = One of the great idioms of our time claims, "Great minds think
alike." Entrepreneurship expert Evan Carmichael would beg to differ.

Carmichael runs the Toronto Entrepreneur Mastermind Groups, sets of small business
owners who meet on a regular basis to collaborate, brainstorm and provide support
for each other's goals. They are part of the growing number of entrepreneurs who are
beginning to realize that there is strength in numbers.

"Not all great minds think alike," says Carmichael. "Our entrepreneurs come from all
different walks of life, each with their own unique experiences, and are able to
share with each other what they have learned along the way."

While the concept of Mastermind Groups has recently been enjoying a rise in
popularity, it is nevertheless nothing new. Napoleon Hill first described the idea
in his 1937 book, "Think and Grow Rich." Self-made steel billionaire Andrew Carnegie
had commissioned Hill to interview the most successful people of their time and
discover what were their secrets of success. The one thing they all had in common?
Mastermind Groups.

"Mastermind Groups are like having your own personal board of directors," says
Carmichael. "Not only do they help you work out your business model, but they make
you accountable for your goals. It's harder to make excuses for your business when
you have to go back and answer to your group of fellow entrepreneurs."

Masterminding is not just for those business owners who are lost or who lack
motivation. Everyone from Henry Ford to today's multi-million dollar entrepreneurs,
including 1-800-Got-Junk owner Brian Scudamore, attribute much of their success to
their peer networks.

"Hill used to say that in joining two minds, you would create a third," says
Carmichael. "That is the principle behind Mastermind Groups. You get feedback,
support, and motivation from a group of peers who are rooting for both you and your
business to succeed."

The Toronto Entrepreneur Mastermind Groups meet once a month, with scheduled check
ups in between. Each meeting consists of a short presentation by a member or a guest
speaker on an important lesson learned, followed by discussions among the members of
their own challenges in the past month. Feedback is exchanged, encouragement is
given and goals are set for the next month. Members also receive exclusive advice
and reports from other successful entrepreneurs.

Membership in a Mastermind Group is, however not for everyone, Carmichael warns. "We
screen our applicants to make sure they are serious about building their business,"
he says. "Members should be committed both to their own goals and to helping the
other members of their group achieve theirs." To this end, members are always from
non-competing industries.

"With Mastermind Groups, entrepreneurs get an instant and valuable support network
for their business," says Carmichael. "You learn that you are not alone and that we
all face challenges along the way. But, with the joint commitment and shared passion
that are found in these groups, you can find solutions to those challenges and make
real progress towards achieving your goals."


###


Evan Carmichael is available for an interview. Please contact him at
evan@evancarmichael.com.

Evan is an entrepreneur and international speaker. At the age of 19, he became an
owner and Chief Operating Officer in Redasoft, a biotechnology software company. The
company quickly grew to over 300 organizations as clients, including NASA and
Johnson & Johnson, in 30 countries. He started Evan Carmichael & Associates with the
goal to give entrepreneurs the Inspiration to follow their passion and the
strategies they need to succeed. Evan has delivered over 100 keynote presentations
to entrepreneurs in North America, Europe, and Asia. He has been interviewed by
newspapers, radio stations, and television stations including The Globe and Mail,
CHUM FM, CityTV, Global TV, OMNI TV, Enterprise, and the Toronto Sun. Evan\'s
website,
Web Site = http://www.evancarmichael.com

Contact Details = Evan Carmichael & Associates
http://www.evancarmichael.com
stefanie@evancarmichael.com

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •