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What a Mastermind is and How You Can Benefit From Joining One

By Niels Reib,
Co-Founder of Masterminds Denmark

Napoleon Hill described the concept of a mastermind group in his timeless classic ‘Think and Grow Rich‘ from 1937, in which he writes about the power of deliberately seeking out the company of people who influence you to think and act on building the life you desire.

In his book, he talks about how being part of a Mastermind group helped Henry Ford establish and succeed with building Ford Motors through the help and association of Thomas Edison and Harvey Firestone. Other people you might have heard of who has benefited from mastermind groups are Alexander Graham Bell, Theodore Roosevelt, John D. Rockefeller, and Charles M. Schwab.

Napoleon Hill Quotes 20 MastermindsDenmark

What is a Mastermind?

“No mind is complete by itself. It needs contact and association with other minds to grow and expand.” – Napoleon Hill

In Think and Grow Rich, Napoleon Hill talked about something he called “a mastermind alliance.” He described it as, “A friendly alliance with one or more persons who will encourage one to follow through with both plan and purpose.”

While you must always do the work of becoming a great success, a mastermind group can harness and maximize the focus behind your success.

In short, “mastermind” is the power which comes to us from each other. Together, we know more and can focus more energy to help one another than any one of us can alone.

When a group of people puts their heads together, they can accomplish things none of them could have done by themselves.

In other words, if you want to grow, expand your capabilities, and improve your chances of success, you need other people around you to help and support you on that journey.

The proper use of a mastermind group is the cornerstone of all great achievements, and it is one of the steps that people most often overlook.

One of the most powerful tools ever used by successful people whether that being the world’s wealthiest industrialists from the early 20th Century like Henry Ford, Thomas Edison, and Harvey Firestone or today’s modern icons of business like Jeff Bezos, Tony Robbins, and Bill Gates — is called a mastermind group. A mastermind group can focus unprecedented effectiveness on your effort— in the form of knowledge, resources, and energy.

As a group, the mastermind meets regularly, which helps the members stay accountable and focused on their projects and growth.

How You Can Benefit From Being a Part of a Group

When you become a member of a Mastermind group, you become part of an alliance between you and other like-minded people who all thrive to better themselves.

Being a member of a Mastermind group, you benefit from strengths, experiences, education, and contacts of all its members, which will help boost your growth, whether that is in your business, career or personal.

Some of the benefits you’ll get by being part of a Mastermind Group are:

Mutual Support

Having support from likeminded people is crucial when faced with the obstacles you need to overcome to reach your next level, whether that’s in your career or business. It will accelerate your personal and professional growth, and help you get to where you want to go quicker.

New Perspectives

Hearing the different views from your fellow mastermind members on how to overcome obstacles, allows you to see issues you wouldn’t otherwise become aware of – in life, and the approach to your goals.  Whether you agree with the assessments or not, it always gives a better understanding of how to improve your approach to your challenges or goals.


Everyone in the group will have access to different skill- and mindsets and experiences. The best thing you can do when facing a challenge is to ask for help, and the resources a mastermind group provides can be the differentiator between plateauing or progressing towards your desired outcome and goals.


Your fellow mastermind group members hold you accountable to the goals you set.  Also, just knowing that you have a monthly scheduled meeting can help mentally drive you to make progress – because you most likely don’t want to be the only person reporting back that you haven’t made an effort to move your projects forward or finding a solution to your challenge.

On our own, we can only ever have a limited amount of experiences; a mastermind group allows us to draw freely from the experiences, training, skills, and knowledge of others. In other words, on your own, you’re a single brushstroke, but in a mastermind group, you could become a Monet or Van Gogh.

So, like Napoleon Hill said; No mind is complete by itself. It needs contact and association with other minds to grow and expand.

How do you think it would benefit your career or business, and life in general if you were part of a mastermind group?

Would you want to stay a single brushstroke, or would you like to accelerate your chances of success and become a Monet or Van Gogh?

If you want to know more about Masterminds and how Masterminds Denmark can help your growth, then go ahead and book a call with us.

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No matter if you’re a career-driven employee or an entrepreneur, having a group of people around you to help reach your goals are invaluable and can help 10x your personal and professional growth.

At Masterminds Denmark we strive to provide you with the best opportunities to thrive in your career or business by matching you with the right like-minded people who will help you reach your career or business goals.

If you’re curious about how you can benefit from being part of a mastermind group, then head on over and find out how you can apply and become a member of either an entrepreneurial, career professionals or personal development mastermind group.

You can apply for joining a group in Danish or English.

Becoming a member of Masterminds Denmark will not only make you a part of one of our mastermind groups, but it will also give you access to our private community and groups where you can interact with all our members on topics like leadership, personal development, communication, marketing, and many more.

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