The Hotseat Guide
What is a Mastermind Hot Seat?
The Hot Seat is where you get to be in the spotlight, and the group spends the majority of the session focusing on you and the particular problems or issues you are facing. It’s where they harness all their wisdom, experience and knowledge to help you. It’s one of the most valuable parts of being in the Mastermind.
How Does it Work?
You will talk about a specific goal, a current challenge you are facing, and a desired outcome or clarity around the support required. The group then offers advice, suggestions, recommendations, resources or specific help if they can contribute.
How to Get the Most Out of the Hot Seat
Powerpoints are optional. If you decide to use a Powerpoint keep it brief. The first slide must state your Challenge. The supporting slides will be used to provide context and clarity around the Challenge (not explain the details of your business).
The Format (PowerPoint is optional)
- State Your Challenge or Goal FIRST!
- Provide context by explaining your business or project. This will be timed at 5 minutes.
- The Group discussion. What exactly do you need help with? Ideas, suggestions or practical advice on starting something with which you are unfamiliar.
- Lighting Round. Following the discussion each member will give a 10 second piece of advice.
- Accountability – At the end the host will ask you to commit to one or two specific actions you will take in the next 1 to 4 weeks based the group discussion.
Be Open and Frank
By being vulnerable, you’ll create more space for improvement. Masterminds are deeper, more caring, community-orientated spaces, so you need to drop all pretenses (everything is hunky dory) and open up about the real issues and problems with which you need help. If you want to achieve real growth, share the innermost fears and frustrations you are facing.
Actively Take Notes
When others are offering advice, notes will help you reflect later on. Sometimes it may be information you already knew or have heard before, which is fine because it can help you validate your initial idea and know you are on the right path. Once you have information that is useful, take action!
Remember to thank the group for all of their suggestions. All of it may not have been useful—or even actionable—but it’s come from a group of people that have your best interest at heart, so try to remember that.
The Hosts Responsibility
The host has a responsibility here to keep the Hot Seat member and the group focused. This ensures that everyone can fully understand the problem and what contribution they can make. Be aware that it’s not about judging you or your goals, but rather about being focused on your best interests, and the outcomes that can be achieved.