Do Young Entrepreneurs Struggle with Group Collaboration?

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The last poll conducted on my blog, asked young entrepreneurs “What is the biggest challenge in your business?”  After wrapping up and reviewing the results, I found some interesting data.

23% of readers saw their biggest challenge in business as finding like minded people to mastermind.  Similarly, 22% find themselves having trouble staying motivated. I will come back to this.

An almost equal percentage of people feel their biggest challenges are finding a mentor, battling negative influences, time management and finding their passion.

2009 07 23 0033 Do Young Entrepreneurs Struggle with Group Collaboration?

Survey respondents: 118

Now, I included masterminding in here because it is a big part of my business.  I am at an accelerated growth rate because of the people I surround myself with.  In relation, I stay motivated because the passion for what I do is strong, but more also from group collaboration.  I find it so inspiring to partner up with like minded people to help each other profit, grow and complement the others weaknesses.

My Virtual Mastermind Group

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69821764 66cff01bbb My Virtual Mastermind GroupI was recently involved in an amazing teleconference that brought together two great authors and thought leaders, John Assaraf and Kevin Hall, to inspire, educate and empower emerging leaders and young entrepreneurs.

John and Kevin discussed how important it was to have coaches and mentors in their lives.  John addressed he has a health coach, meditation coach and two billionaire business coaches that guide him along his journey.  As John was sitting in his home office while speaking on the call and he said that in addition to having his coaches, he also has a virtual mastermind group

John has many greats minds in his virtual council including: Sir Issac Newton, Albert Einstein, Johannes Kepler, Nikola Tesla, Galileo, Leonardo Da Vinci, Steven Hawking, Robert Kennedy, Mahatma Gandhi, Andrew Carnegie, Mozart, and Thomas Edison.