Road Show wrote:Considering that there have been attempts here to form similar groups, what qualifications and or group structure would you be contemplating for this "Mastermind" group you're proposing?
There doesn't have to be just one. In fact, for these kind of (probably teleconference-based) peer groups to work, the members need to have similar levels of relative expertise. They can work for newbies as well as for highly experienced people. In my experience, though, the real payoff is to people who have a substantial base of experience: they are the ones who tend to know that they don't know everything but are confident enough in their capabilities to take the risk of asking questions.
An easy enough way to start one of these is for one inventor to invite another to join his new peer group under a short list of conditions. First of all, each person will commit to participate in a monthly conference call of, say, no more than 90 minutes in duration for a period of, for example, six months. Second, each member would commit to lead one monthly discussion. (So, a six month term would require six members.) Third, each member will agree to recruit one other participant.
This kind of approach helps ensure that the group is compatible and that each can contribute to, and learn from, the others. By making commitments specific and finite, it makes it easier for participants to join (they aren't on the hook in perpetuity) and allows for graceful exits. If the forum works, it can be extended for successive six-month periods. As people fall by the wayside, others can take their place.
Just to be clear, I'm not proposing anything. Peer groups work when they are run for and by peers. I'm not not inventor - I'm an innovation capitalist. So, I don't belong in an inventor peer group. For some, I could represent a resource or guest participant in a targeted call, however.
I've facilitated lots of these kind of things. Most don't last beyond the initial commitment. Some last for years. Of those, participation waxes and wanes. In almost every case, though, I've seen how people can learn very cheaply and effectively from their peers.
It might be worth a shot for one or more of you inventors. Don't cost much.