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According to research, accountability can increase goal-setting success by up to 95%! That’s the kind of power masterminds bring to the table. In this post, I’m going to dig deep into what a mastermind really is, how it works, the benefits, and whether it’s worth your investment.
Jul 24, 2023 · Explore the value of mastermind groups in our comprehensive guide. Learn about the potential benefits, costs, and whether investing in masterminds is worth your money for personal and professional growth.
- Steven Pesavento
- Why We Join Paid Masterminds
- Are People Getting What They Want from Masterminds?
- How Much Are People Investing in Masterminds?
- Would You Join A Mastermind in The Future?
- What Can We Learn from This About Paid Masterminds?
- The Wrong Peer Group
- Should You Join A Paid Mastermind?
First, I really wanted to understand why we join masterminds. Of course, I had theories on why we invest money in our businesses and in ourselves in this way, but I wanted to go deeper. For this deep dive, looked at paid masterminds, as many of us are part of peer-led or informal masterminds. With this research, I wanted to ensure that the data col...
When you’re making an investment in your business, it’s important that you understand what you expect to get out of it. As you can see from the above, this group had very clear reasons for seeking the benefits of mastermind groups. The question then is: did these masterminds deliver? So I asked if they were satisfied with their most recent paid mas...
It’s not a secret that I believe the current culture of high-priced masterminds in the online business industry is some serious bullshit. But, as a good researcher does, I wanted to understand what kind of money was being spent on masterminds, especially when so many people were indicating they weren’t getting what they wanted out of it. Here’s a b...
Based on the mastermind experiences that many of these individuals have had, I was genuinely interested in knowing if they were open to joining a paid mastermind in the future and whether they thought the benefits of mastermind groups were worth the price of admission. Despite so many people having negative experiences, the answer was still an over...
Whenever I get curious and get outside perspectives from others in the industry, I’m always surprised by what I learn. I’m incredibly grateful to the 40 people who provided input for this post and episode. (You know who you are!) What I learned from the participants in this survey was no exception. It really highlighted some key issues with how mas...
One thing I’ve had to learn the hard way in my business is how, for masterminds, (and pretty much anything else), specificity rules. And it’s a big reason why I created a mastermind for service business owners (first called Double It, now theBS-Free Service Business Mastermind) and then one for agency owners. Turns out that I’m not alone in my need...
As someone who’s built a business based on running masterminds, it’d be easy for me to simply say everyone should join a mastermind group. While I believe in the power, magic and benefits of mastermind groups, this deep dive really shows how not every group is the same. Especially in the online business world where anyone can slap together pretty m...
Nov 2, 2022 · My mastermind cost me $65K this year — but was it really worth it? I’m digging into that exact question and will be talking about my personal experience, including the lessons I’ve learned from being in masterminds, both good and bad.
Considering joining a mastermind group but unsure if it's worth the investment? Definition and purpose of mastermind groups, advantages like networking opportunities and mentorship, potential drawbacks such as cost and compatibility issues are explored in this article.
May 3, 2024 · On the evening of October 4 that year, they took $17.3 million in cash from the vault, which at the time was the second biggest robbery in US history. Universal Pictures. It all sounds very...
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Apr 21, 2021 · A mastermind is a small group of people with similar business goals, and often the group is clustered into similar businesses. Ideally, a group of four to 10 people is best.
