The Power of a Mastermind

Napoleon Hill, author of Think and Grow Rich and many other personal development books was strong on the Master Mind. Two or more people working in complete harmony to accomplish a specific goal constitute a Master Mind. Each brings a unique set of skills and attributes to the table. Their combined competencies brings to bear a great deal more power to solve problems and achieve goals than either could marshal independently.

But Hill also suggested that a third element enters the equation in the form of a third mind of sorts. The very act of joining forces and focusing the minds of the members of the group on the common goal Hill suggested gives rise to insights and problem solving abilities that transcends the sum of those of the collective group. This he called the Master Mind.

A Current Master Mind Application

I have come to realize that even I cannot succeed without help from other people. I have always been fiercely independent and either accomplished what needed to be done on my own or I failed in the attempt. Of course I learned from my mistakes and honed my skills so I could succeed with a different approach. But I was still a one man show. I realize now that approach was in fact my biggest mistake. It took me a long time to realize I had not learned from that fundamental error which is why I continued to struggle. The “if I can’t do it myself I just won’t get involved” attitude was getting me nowhere.

That brings me to my current project; selling physical products on Amazon. I’ve been able to find and evaluate products. I have found manufacturers or wholesale suppliers for those products. I’ve negotiated price and minimum order quantities. Freight forwarders and shipping providers have been selected and I have imported products into the United States. Finally those products have been successfully shipped to Amazon warehouses and are for sale under my personal brand. This has all been accomplished in my usual do it yourself style. For the most part.

I Have Learned to Ask for Help

The program I bought into which allowed me to learn how to sell on Amazon provided detailed, step by step guidance. In addition there is a forum for students to learn from each other. The program instructors and a number of experienced Amazon Sellers who have taken the course are available in the forum to provide answers to specific questions and solutions to problems.

I found the forum to be a valuable resource. I realized as long as you don’t have an answer, there’s no such thing as a dumb question. My questions about things like minimum profit margins at various stages in evaluating potential products were quickly answered. Likewise I was provided valuable advice about negotiating minimum order quantities, packaging and unit prices for products. All I had to do was ask. That was relatively easy.

It was a lot harder for me to ask some good friends to assist with the process of launching my new product. Sales velocity and conversion rate are important factors in the process of attracting attention to any product. Having a few good friends willing to help get the product exposed to people who need it is a big help in the early stages of product launch. I had to overcome my reluctance to ask for help or favours, but almost all who I asked were happy to help. I’m still a little uncomfortable with doing that. I guess that’s what “getting out of your comfort zone” feels like.

So what’s this new product of mine? You can explore that by clicking the button below. And thanks for reading.

HERE IT IS

May the Power Be Yours

Master Mind

 

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Terrence Neraasen
 

Just consider me a Boomer with no need or desire to retire. I'm constantly learning and striving for excellence. My passions are Family and the natural world to which I dedicate myself and all my efforts.

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