269: How to Set Up and Sell a Paid Mastermind Group

Published: Feb. 8, 2018, 10 a.m.

b'Women pay up to $2000 a month to hang out with Natalie Eckdahl for a few hours.\\nThe mother of 3 has turned her BizChix podcast (which started as a side hustle) into a thriving business based largely on paid mastermind groups. She curates groups of high-performing female entrepreneurs \\u2013 and gets paid handsomely to do it.\\nIs this a revenue stream you could add to your business?\\nIf you\\u2019re in a consulting, freelancing, or coaching role and trying to figure out what the next step is to scale up your business, a group mastermind program could be the answer.\\nIn fact, a paid mastermind was the first thing I sold on Side Hustle Nation, but I put the program on hold after our son was born. All of a sudden that extra hour or two in the evening became a lot harder to part with!\\nI wanted to pick her brain on how she set everything up and sold it to her audience.\\n\\u201cWhat I\\u2019m trying to create is an amazing brainstorming opportunity for the women that join the group,\\u201d Natalie said.\\nToday she\\u2019s running five separate premium-priced masterminds for 5- and 6-figure entrepreneurs, with prices ranging from $600 to $2000 a month.\\nBut it almost didn\\u2019t happen. She was a few weeks away from putting BizChix on pause, when a fateful few customers sparked a major turning point.\\nTune in to hear how Natalie sets up her groups for success, structures the meetings, and 20x\\u2019d her rates in 3 years.\\nFull Show Notes and PDF Highlight Reel: How to Set Up and Sell a Paid Mastermind Group\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'