Frequently Asked Questions
What is a BOI Mastermind Alliance?
Business Owners International, Inc. organizes and facilitates elite peer groups of CEO’s and Presidents. And because BOI groups are industry-specific and non-competing, members are instantly connected with leaders in their industry who truly understand their world. We call these groups Mastermind Alliances.
Strategic Insight:
Your competitors are constantly striving to commoditize your product. It’s up to the CEO to implement strategic ideas focusing on growth, differentiation, protecting margins, developing the executive team, forging a unique competitive advantage, etc. These discussions are an important part of our meetings.
Performance Benchmarking:
A priority at meetings is sharing key financial ratios. These periodic sessions allow for an interactive, live benchmarking discussion among industry peers. “What gets measured, gets managed.” — Peter Drucker.
Problem Solving:
It’s lonely at the top and many times the only person to turn to is yourself. As a member of a Mastermind Alliance, you could share your toughest problems with other Business Owners who have very likely experienced the same problem you’re facing.
Leadership:
Leaders help people learn more, grow more, become more. Belonging to a Mastermind Alliance can promote your growth as a leader in your industry and your company. Surrounding yourself with others who are as good as you or even better, is a highly effective way to excel at anything you choose to do.
Who should join a BOI Mastermind Alliance?
Mastermind Alliances are designed for:
- Select, invited businesspeople who want to become world-class leaders
- Business owners who want to grow their companies and ensure they’re built to last
- Executives who want to fulfill the role of president/CEO, not simply “operator”
- Successful people who want to surround themselves with others who will help them become better at both business and life.
Napoleon Hill, who is widely considered to be one of the greatest writers on success, said “Every great leader, from the dawn of civilization to the present, was a dreamer.” Mastermind Alliances are specifically geared toward the successful, practical dreamers of the world who lead by example and who are dedicated to continual learning.
It’s important to note that BOI’s Mastermind Alliance groups are not formed simply to give members someone to chat with. Members are chosen for their achievements, their desire to learn, and their ability to help each other reach their goals – because each of us can improve only by surrounding ourselves with people who are as successful as, or more successful than, ourselves.
How often does a BOI Mastermind Alliance group meet?
We meet two times per year, for two days per meeting. In addition, we share information throughout the year in the form of emails and conference/video calls. Abraham Lincoln, the 16th CEO of the United States is quoted as saying “If I had three hours to chop down a tree, I’d spend an hour sharpening my axe”. At BOI we believe that stepping away from the everyday demands of business is essential and helps us sharpen our axes but we also understand your time is your most valuable asset.
How many members make up a BOI Mastermind Alliance group?
Each group comprises up to twenty companies from across the United States, and members are specifically selected from non-competing geographical areas. We want our members to feel safe as they discuss their trade secrets, so we only allow members who do not compete with one another geographically or otherwise.
What happens at a BOI Mastermind Alliance meeting?
The majority of our time is spent discussing the topics members have brought to the table: new ideas, former experiences, sales, organization, operations, marketing, financials, strategy, and getting the right people “on the bus” are part of a typical agenda. At most meetings, one member shares specific insights into an area where he or she has expertise that the rest of the members can learn from. In addition, we bring in other Masterminds in their fields – carefully chosen leaders who offer strong insights to help us grow.
Altogether, at every meeting we work on solving problems and becoming better leaders of our families, communities, and businesses.
How do I become a member?
To join a BOI Mastermind Alliance contact David Chionio at 314 304-3824 or apply here.
What can I expect in return for my investment?
The benefits of belonging to a Mastermind Alliance include:
Profit:
You’ll never leave a meeting without at least one quantifiable idea that will save you money or generate revenue for your company.
Growth:
Your game will improve, and you will improve. No matter how good you are, there’s always someone else who can help you get better.
Support:
You’ll gain an instant network of industry insiders you can respect and trust.
Leadership:
Leaders help people learn more, grow more, become more. Belonging to a Mastermind Alliance can promote problem solving and creative thinking. You’ll consistently improve and continually work toward becoming a great leader of your family, community, and business.
Can I trial a Mastermind Alliance meeting?
The BOI guarantee: If, after attending your first meeting you are not 100% satisfied and wish to discontinue your membership, BOI will reimburse you for your meeting’s travel costs.
What are BOI membership requirements?
- Attend all meetings
- Own/run a profitable, growing business
- Treat others the way you’d want to be treated, and be ready to give as well as receive knowledge
- Willingness to change behavior paradigms
- A desire for lifelong learning
- No blatant selling to fellow members
- No attempt to recruit BOI members for any other peer group
- Strict confidentiality between all members