I've been on both sides of this over the years. Running Masterminds (group business coaching) and as a participant myself.
If you're wondering if it's worth the investment, here are some of the pros and cons to consider.
Pro:
1. Learning from the Mastermind leader AND group members
2. Networking
3. Cost is least expensive than 1:1 and value is normally high if in the right group
4. It's a 100% tax right off (even better if you are VAT registered)
Cons:
1. It's not 1:1 coaching like a consultant, coaching or mentorship program
2. You can be mile ahead or miles behind the other members if there is no pre-screening for who signs up
3. It requires time, especially if there is a monthly or quarterly meet up
4. The accountability is less than 1:1 so if you struggle with execution, this can be a problem
For more information on my next Mastermind starting in September 2023, email brian@briankeanefitness.com
