In this episode of Million Dollar Mastermind podcast, Host Larry Weidel speaks with Sigrun Gudjonsdottir, Best-Selling Business Author, Host of the SIGRUN SHOW Podcast, and Creator of SOMBA. They discuss what a mastermind group is all about, the difference between a networking group and a mastermind group, and how a mastermind group helps an entrepreneur improve their business.
Key highlights include:
- A mastermind group is a unique gathering of entrepreneurs who interact with each other, and attend retreats where they share business ideas with one another. They help each other grow
- As a facilitator of a mastermind group, it's essential to attract the right people into the group
- A mastermind group is usually a group of at most twelve people, anything more than that is automatically a networking group. This is the main difference between the two
- What makes a mastermind group unique is usually the type of people that makes up its the audience
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