This is a question that is asked often. Networking is a buzz word for groups everywhere. I have had very little success with them. A network group usually comes together or host events where people can put out their marketing material and/or say who they are and what they do. I have found, usually, people don't get much business by attending them. They lack the commitment and other components that mastermind groups offer to its members. On the contrary, a mastermind team is an organized group of committed people who meet frequently to brainstorm together while working with each other to help everyone in the group achieve success with their ventures. One of the great benefits of being a part of a mastermind team is that the members often share their contacts and will help promote each other.
Here's an example, if you are an author and have published a book, but you are struggling trying to sell your book, your team will pull out all stops to help you promote your book. The power of a mastermind group is almost limitless in how it can achieve your goals.