2:08WHY YOU SHOULD JOIN A MASTERMIND | My First Million Podcast
From My First Million · Published Jul 5, 2020 · Watch on YouTube
TL;DR
The speakers met and became close through a mastermind group that started as a book club. They argue that paid CEO/mastermind groups like Vistage ($18k/year) are overpriced and "dinosaurs," and that there is high demand for cheaper, community-driven alternatives. They are bullish on building such groups (e.g.
Key insights
- A mastermind group that started as a book club was the mechanism that allowed the two speakers to get to know each other.
- Over 400 people messaged the speaker asking for a playbook on how to run such a group, indicating high latent demand.
- Vistage charges approximately $18,000 per year and is a $400 million/year business, but the speaker views it as a "scam" and a "very basic service."
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