Virtual Mastermind Groups: Hassle-free Collaboration

small business mastermind
virtual business mastermind

If you want to become a more effective, take-action leader who improves your business leveraging the power and aggregate energy from a trusted board of advisors, you’re probably thinking about a Mastermind Group. You have a few options to get involved, including…

  1. Create one myself– recruit members, set up schedules and rules, organize destinations, invest in technology
  2. Join a Current Mastermind Group or one forming somewhere else– pay for involvement, but no frustrations associated with recruitment and organization
  3. Do nothing — continue to depend on willpower for your learning, action steps and personal liability; save energy and costs associated with ANY type Mastermind experience, LOSE THE PERKS OF MASTERMIND GROUPS FOR SMALL COMPANIES

A possibility we’ve developed falls into # 2 above. We have established a framework and hosting system for Mastermind Group participation that is hassle free for the regular small business owner or entrepreneur. One of the things we have done to provide the amazing advantages to small businesses of Mastermind Group participation without the disadvantages associated with more conventional groups; namely participation costs and unnecessary time loss for meetings. Introducing Virtual Mastermind is a service of Smart Company Growth to provide the Mastermind experience affordably and make it easy to get involved.

Define a Virtual Mastermind Group

Simply put, it is a Mastermind Group where all individuals meet virtually instead of in person. This offers remarkable adaptability for participants, lessened overall time commitments as a result of travel, and the removal of associated fuel and meal costs associated with meeting face-to-face. We use the benefits of modern technology to enable members to “meet” virtually, online using video-conferencing and online meetings.

Without a doubt, with modern technology, it really is the next best thing to being there, totally eclipsing audio teleconferences in connection and engagement for all participants. We have designed your Virtual Mastermind group to allow participation without any extraordinary technology needed on behalf of members.

Monthly time commitments are split into bite-sized trips to your home or office PC (don’t wear your bathrobe, you’re on camera). A normal month in the life of a Virtual Mastermind executive looks like this:

  • Mastermind Alliance group meetings (3 hours per month, 1 meeting or 2X90 minute as set up in each alliance charter)
  • 1-2-1 Executive Coaching sessions (2 hours per month per member)
  • Educational Experiences (1 60-90 minute Webinar each month by Subject Matter Experts)

Furthermore, all group video-conferences are recorded and in the cloud for your later browsing.

How is it all organized?

Monthly meetings are on-task, with agendas prepared beforehand by the facilitator based upon participant survey responses. These meetings are specific to covering group business such as establishing an initial charter and pairing accountability partners, or else group problem-solving and brainstorming on behalf of specific member company issues. The group meetings are where we leverage the collective intelligence of the group toward resolutions for individual executive and business problems.

Coaching sessions are targeted 1-2-1 experiences between facilitator and business CEO, designed to additionally examine and solution issues addressed in the group environment, or more often to form action plans and accountability metrics for each individual executive as applicable month to month. Typically executives will establish a strong relationship with their coach and share more personal challenges in their 1-2-1s than would be comfortable before the partnership. These sessions can be done over the phone, but again, we promote Skype video chats for enhanced connection and results.

Each group will identify key problems that afflict their business where education is needed, and using group decision making techniques will choose desired learning opportunities. Subjects can range from employee benefits to health care or environmental legislative impact to marketing to hiring and firing. Your Virtual Mastermind facilitator will solicit and find educational opportunities to match those demands to serve up group-specific webinars as scheduled once per month.

How Do I Get Into a Virtual Mastermind Group from

A virtual Mastermind Alliance is an affordable, low-barrier-to-entry, convenient and highly leveraged means of expanding your small business. At, we fastidiously developed the approach, technologies and tools to ensure success for your company, and quite frankly believe that our method is second to none worldwide to provide your highest value experience.

If you believe as we do that this might be for you and want to take the next step toward increasing your small business, visit to learn how to get involved now.

Listen, whether you get involved with a Virtual Mastermind group or seek a more traditional course of face-to-face hosted or home grown collaboration, I cannot stress enough that this is something you want to consider if you are expanding your business and lack the perspective and collective intelligence that comes from a legitimate, 3rd party peer group of advisors.

Author’s Bio

Karl Walinskas


Karl Walinskas is the CEO of Smart Company Growth, a business development firm that helps small to mid-size professional service firms build competitive advantage in an online world of sameness. He is author of numerous articles and the Smart Blog on leadership, business communication, sales & service, public speaking and virtual business, and Getting Connected