On this week’s podcast episode we have chosen to share part 1 of Sylvia’s – MindTeam Solutions CEO – conversation with Dr. Assegid Habtewold, the host of the TV show “Pick Yourself Up”.  “Pick Yourself Up” is designed to inspire, inform, and equip immigrants, job seekers, and those who are experiencing continual setbacks in their personal life, relationships, profession, and/or business”.  Inside this episode, Sylvia discusses the power of masterminds and why they are important. 

4:32 Why did you make the shift to masterminding from ideation? 

Sylvia explains that there is a big connection between the two, people and ideas come together in many ways – Sylvia has chosen to make them come together in mastermind groups and create a business around that. 

The goal was to figure out how people in companies can come together, share ideas and make companies more innovative & build culture. As this is Sylvia’s passion, being able to bring this idea to life in a business sense and create a business around her passion has been a huge driving force.  

6:05: The benefits of masterminding

Sylvia breaks down the difference first between “masterminding” the verb: coming together of people and “mastermind” the noun, like a mastermind group — which is a small number of people who come together with a similar goal.  When you do this, you can gain other people’s ideas and thoughts that are different from your own.  

8:30: Whether you are a speaker or not, masterminding is beneficial 

Getting together with other people is huge.  Success does not come alone and any business anywhere can benefit from working together and sharing ideas with each other in the form of a mastermind.  It’s not a competition.  It is the outreach and connection that will propel your business forward.  

10:03: Why is masterminding important now?

We have just been through over a year of dealing with the pandemic. This means we have been isolated socially, this has affected our minds and bodies in so many different ways.  We as humans need to connect and feel connected to other people.  That’s why now more than ever we need masterminds.  

11: 40- What makes a mastermind group successful? 

Sylvia leaves us with her top tips to make sure a mastermind group is successful: 

• Long-term, small groups

• Same people – builds trust 

• Facilitated

• Have an agenda 

• Regular – same time & date 

• Commitment

Connect with Dr. Assegid Habtewold

LinkedIn: https://www.linkedin.com/in/assegidhabtewold/

Pick Yourself Up Show: https://www.mmctv.org/programs/pick-yourself-up/