E-Marketing Professionals

Another invaluable resource that won’t cost thousands of dollars, like many mentors, is a mastermind group. A mastermind group is a group of people who get together to share their insights and experience to help each other’s businesses.

Some gurus are offering to let you into their mastermind group for several thousand dollars. Unless they’re hand picking members who they believe they can benefit from masterminding with, I seriously doubt you’re really getting into “their mastermind group”. More likely, you’re joining a group coaching program.

I’m not saying that group coaching isn’t valuable, nor am I saying that masterminding doesn’t happen in their groups. But if anyone with a few thousand dollars can get in, that’s a group they’re going to teach, not a group they’re going to bring their problems to. If they’re not going to coach — if all you’re getting for your money is the chance to mastermind with a bunch of other people who may have no other qualifications than that they paid a guru thousands of dollars — then you’ve been had.