286. Q&A: How To Choose A Mastermind Or Mentor, How Much To Invest Each Year And Evaluating The Pros And Cons Of Mastermind Programs

Nov 23, 2021

How do you know if you are ready for a mastermind? This is one of  the most common questions that we see within our Powerhouse Women community. And today, we are addressing it, along with several others! As someone who not only hosts masterminds, but has also invested in several over the years, I am so excited to address this topic today and help guide you through how to choose the right mastermind for your business based on your goals, how much to invest in your 2022 mastermind, how to weigh the features and value certain masterminds have to offer, and so much more. 

 

In this episode we talk about:

• Expectations: no one mentor will have all of your answers
• Doing your research and listening to your Intuition before making a decision on the mastermind you choose to join
• How to evaluate what you need more of in this season such as strategy, space to implement and expansive people.

 

Text us your questions to [phone] and you may get a shoutout on a future episode!

 

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|| EPISODE TIMELINE ||

( :50 ) Welcome back to the Powerhouse Women podcast!

( 3:40 ) Today we are focusing on this Q&A about masterminds.

( 4:56 ) What is a mastermind?

( 9:11 ) Jen B. asks, “How do you know you're ready for a mastermind versus one-on-one coaching or a course-based program?”

( 14: 14 ) Hannah asks Lindsey, “I want to hear how you think people know they are ready for a mastermind.”

( 21:12 ) Hannah asks Lindsey about the numerous questions that came in about people feeling the fear of making the wrong decisions around choosing a mastermind or mentorship. What is  your perspective on that?

( 25:53 ) Hannah shares her perspective on this question.

( 27:07 ) Heidi B. asks, “What features of the mastermind do you consider before investing––is it about the number of participants, the additional support coaches, the number of in-person retreats––and which do you think deliver the most value?”

( 31:11 ) Samantha M. asks, “How do you know when you're making the right decision hiring a mentor or joining a mastermind and not just getting caught up in ‘fomo’"?

( 33:17 ) Hannah asks Lindsey, “How do you know if you’re financially ready to invest in a mentor or mastermind, especially if you’re just getting started?”

( 41:14 ) Text us your questions at [phone] and you may get a shoutout on a future episode! 

( 42:18 ) Text us the word MASTERMIND to [phone] so we know to keep you in the loop about that program specifically.