How to Create and Drive a Success Circle
If you do an internet search on “Success Circle” or “Personal Advisory Boards”, as they are also called, you will get an idea of how popular this practice has become. The concept is this: an entrepreneur creates a network of peers and / or mentors that will benefit his business through advice.
Everything has a way of coming full circle. Having a group of peers or mentors to help you succeed is not a new idea: US President Roosevelt had the author and success coach Dr. Napoleon Hill as his advisor. Dr Hill called it “Mastermind Alliances” in his book Think and Grow Rich (1937). “The Mastermind Alliance consists of an alliance of two or more minds working in perfect harmony for the attainment of a common definite goal. When a group of individual minds are coordinated and function in harmony, the increased energy created through that alliance becomes available to every individual in the group.”
I read an article the other day about Personal Advisory Boards (1), explaining how well a Board can be adapted for a variety of people and their businesses.
Reading this article, I felt how perfectly it tied in with Pareto’s new online tool: www.My8020.com this website allows you to create an exclusive network with your fellow entrepreneurs. It’s a protected environment, allowing you to keep your communications confidential. As you to post a comment on the message board, each participant can see your post and comment at a time suitable to them, which is a great feature for those of us who travel for work, or who simply share a business idea with someone across the continent. You can create and be a member of however many networks you choose.
Duncan MacPherson with Ingrid Takai
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(1) Got an Issue? Take it to Your Board by Melissa Dunne - Globe and Mail June 4th, 2008