Mastermind groups were brought into popularity mostly by the book Think and Grow Rich, which included a thorough explanation of the topic and their benefits.

However, simply put, Mastermind groups are group-based sessions where people in a similar community come together regularly to discuss their successes, failures and knowledge on a topic in an effort to help each other improve and succeed.

Generally, smaller groups with an agenda and a variety of experience levels will yield the best results.

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Mastermind groups work for people who work better with a team than by themselves. You see, each of us work in a different way. Some can work independently while others are more effective when they are in a team. A mastermind group works for people who works better in a team. It is a place where you can generate ideas, make commitments and encourage each other. It is like a mini-networking event.

A group of like-minded individuals come together and share ideas and experiences, help each other achieve goals, and hold each other accountable. It's basically a community that promotes progression towards a specific path or goal.