What is a mastermind?:
Mastermind groups are different than group coaching. A mastermind group is a small group of people sharing what they know for the good of the group.
Why start a mastermind group?:
A mastermind is the fastest, simplest and most joyful way to go from one-on-one coaching to connecting with many.
Masterminds are a fantastic way to increase income, increase value and decrease the time and effort you have to put in.
A mastermind positions you as a leader. As a mastermind group leader you are the gatekeeper to the whole group.
How to start a mastermind:
- Get clear about why you want to do it.
- Be clear about what people will get out of it.
- Know what makes you a qualified leader.
- Make sure you have facilitation experience and collaborate well.
- Do don’t ask how much you should charge, instead get clear on the value you’re offering.
What can you include in a mastermind?:
There is no right way when it comes to what you include in your mastermind. Your mastermind can be a mix and match of a wide variety of benefits including:
- Monthly meetings
- Group calls
- Travel excursions
- Guest speakers
- Added coaching support
- Adventures
- Fancy dinners
- Participant presentations
How to sell a mastermind?:
Never pitch a mastermind.
Instead, keep your eyes, ears and hearts open for who would be a good fit.
Go to places where you’ll meet the kind of people you want in your group.
What else you need to know?:
Don’t try to do it on your own. Mastermind groups are more complex than group coaching.
Listen, Subscribe & Review in iTunes
Click to Tweet: Starting a Mastermind Group – Interview with Jay Fiset
Success Step: Scout out the people you want to have in your mastermind group
Resource Links:
Jay’s Special Mastermind Resources
Mastermind to Millions Live Training
Related Books:
Book by Jay Fiset Reframe Your Blame, How to Be Personally Accountable
Book by Tobe Brockner Mastermind Group Blueprint
Book by Joe Vitale Meet and Grow Rich
Related Episodes:
Create a Million Dollar Coaching Practice – Interview with David Steele
Filling Your Speaking Gigs – Interview with Jesse Koren
