- No new joiners
- Lack of structure
- Too many takers vs givers
- Too big a gap in the skill set
- Along for the Ride
- Not enough accountability within the group
- Clash of personalities or dominant alpha
If you have a bad experience at a restaurant, would you avoid all other restaurants for the rest of your life? Of course not. Using the same logic, if you’ve been in a Mastermind group that failed, it’s time to forget about that group and try something else. When you join the right Mastermind group, everything falls into place. The exchange of great ideas, the amazing support, the feeling of community: all of these things are what make up a truly beneficial Mastermind group. As you start to fit in with your new group, your confidence, productivity, and business begin to soar beyond your expectations. You no longer search aimlessly for good advice or worry about your business strategy. When you can get past that overwhelmed feeling and start concentrating on your area of expertise, you’ll find renewed success. The question is: how do you find the right group? Learn to identify some of the common failure points. Look out for those red flags. Start to see them pop up, and it’s time to look elsewhere. I’ve put together a list of some of the most common problems that plague unsuccessful groups. Although this list is not all encompassing, we’ve assembled seven common reasons that Mastermind groups fail.