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Episode #1101
Are Masterminds Really Worth It?
August 06, 2019

In episode #1101, we discuss whether Mastermind groups or worth the time and money. Tune in to hear if you should be in a Mastermind.

TIME-STAMPED SHOW NOTES:

  • [00:25] Today’s Topic: If Masterminds are Worth It
  • [00:33] A Mastermind group is a discussion session centered around a specific topic, industry, or purpose.
  • [01:15] You can have one with as little as 5 people.
  • [01:48] The groups can also get as large as a couple hundred people.
  • [02:05] Some groups make a profit and others are free.
  • [02:33] In India, the groups are very costly.
  • [03:10] Spending $10,000/year is worth it to Eric, because Masterminds helped save his business.
  • [03:40] If it doesn’t work out, you probably picked the wrong Mastermind.
  • [04:14] Ideally, other group members should be on your level or higher.
  • [04:30] You don’t want someone to be just starting out, because they won’t help you.

[04:54] That’s it for today!

[05:02] To attend our Growth Accelerator Mastermind, go to the Marketing School site for more information and to apply.

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