Why You Should Avoid Paid Masterminds
Today’s caller to the Coach Pony Radio Hour wants to know if a pricy mastermind is worth it as a new coach.And of course, we’ve got hot takes and advice for deciding if a high-priced mastermind is right for you and your coaching business.In this very cheesy eighties-themed season of the podcast, join me, Christie Mims, a career and business coach, and Bobbi Palmer, a dating coach, as we answer your burning questions about your coaching business. Bobbi and I have built six and seven-figure businesses of our own, and we’ve learned a thing or two along the way. And now, we’re sharing all that knowledge with you.Today we’re giving you the down-low on what a mastermind is, why they can be valuable, and why we think they’re a bad idea for a new coach.Listen to the full episode to hear about:* What the value can be in a mastermind and why it’s just not there for new coaches* Why you should be wary of masterminds that don’t have a minimum income threshold* How making a major investment in a mastermind can set back your business and cause you unnecessary stress* The education and training that new coaches need instead. Bonus: it’s lower-priced* How to start your own mastermind for mutual support and ideasTo learn more about Bobbi Palmer:* Date Like a Grownup (http://www.datelikeagrownup.com/)To learn more about Christie Mims:* Coach Pony (https://coachpony.com/)* Linkedin (https://www.linkedin.com/in/christiemims/)* Build A Real Business (https://coachpony.com/barb-invite/)If you have some chocolate worth reviewing on the show, we are easily bribed! Email us at hello@coachpony.com (mailto:hello@coachpony.com) with your recommendation or if you want to send us something to try!