How to choose a topic for your mastermind program that is in demand and profitable.
How to define your ideal mastermind participant and create a screening process to ensure that you attract the right people.
How to structure your mastermind program and create a schedule that will keep your members engaged and motivated.
How to price your mastermind program and create a payment plan that is fair to both you and your members.
How to market and promote your mastermind program to attract qualified leads.
Joining a mastermind group isn’t going to be for everyone. They can be exclusive and expensive; but if you’re ready to make that investment in yourself and in your business, the benefits and the results can be tenfold. Not only do you get to network with other successful business owners but you also receive critiques and input about your ideas from these peers. In turn, you have the opportunity to share your experiences and opinions with the other members.
The idea behind mastermind programs is that it’s peer-to-peer interaction rather than a traditional student-teacher set up. Of course, there’s always something to learn from your peers but the ideas and advice are more like a free-flowing discussion than a typical lecture in a “classroom” setting.
While there are many benefits for members to join a mastermind, running a mastermind program can be equally rewarding. You still benefit from the give-and-take of the peer group plus you benefit from the monetary earnings as each member pays a monthly sum to be a part of the program. However, no matter how much you’re charging for your mastermind, careful planning is vitally important to keep people enrolled and looking forward to each meeting.
In this planner, we will go through each step required to set up a profitable mastermind program. You’ll need to do some research and some deep thinking to answer the questions and exercises but you really can have an action plan in place, all in one weekend.
Let’s get started!
“It’s taken me a decade (plus hundreds of thousands of dollars) to get to where I am today. I have wasted hundreds of thousands of dollars on outdated training and foolish ideas…I have undersold myself for years and left millions on the table…. I have read hundreds of books and burned multiple years of my life that I will never get back trying to figuring this digital space out… And you know what? I didn’t just figure it out. I now have the exact framework for any online course to go from zero to 7-figures.
And I can show you how to do it. I have a blueprint that has been tested on over 50,000 people who have been very successful with their businesses. In a very real sense, this is my life’s work…”
– Justin Burns