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Lean Out Your Business Podcast


Feb 22, 2022

Joining a mastermind and getting into a room of like minded entrepreneurs may be the best thing you ever do to grow your business. Surrounded by successful individuals who are willing to encourage and challenge you, drawing on their experiences and learning from their mistakes could help launch your business to the next level, if you join at the right time for you and your business. 

If you’re in the beginning stages of a business (either the launch or emerge phase) you most likely will want to consider a group teaching or maybe a DIY course around a certain topic rather than joining a mastermind group. 

It’s really in the growth, scale or influence stage of business where entrepreneurs seem to receive the largest return on their time and monetary investment. 

However, it’s important to remember, not all masterminds are created equal, in fact there are a lot of different types to choose from and a lot of things to consider when deciding which (if any) are a good fit for you. 

In today’s episode of The Lean Out Your Business Podcast, Crisa Grasso, draws on her experience from attending and hosting masterminds to help you consider whether or not this is the right time for you to join a mastermind and if so, which type of mastermind might be the best fit for you. 

Show topics include:

2:07 the benefits of joining a mastermind

2:35 the 5 stages of business and which stages best align with masterminds

5:35 things to consider when deciding if now is a good time to join a mastermind group

8:20 why it’s important to have a mindset of abundance

8:35 the average cost of a 12 month mastermind

10:25 the top 10 things you should consider before joining a mastermind

  • 10:45 what is the commitment requirement
  • 11:25 how will you be expected to interact with the group
  • 12:50 the size of the mastermind group
  • 14:20 what’s your access to the mastermind leader
  • 15:10 the variety of businesses represented in the mastermind
  • 18:01 the level of business success of other attendees in the mastermind
  • 19:20 who is the leader of the group and do you know, like and trust them
  • 23:54 will there be any in person or virtual retreats
  • 25:43 what is the structure of the mastermind (will there be additional resources beyond meetings)
  • 28:10 what is the application process

Links from Today’s Episode:

Are you ready to grow your business to $500,000? Apply to join our Change Maker 500 Mastermind

Book a free consultation at scalingstrategycall.com

Ready to build your signature, scalable offer? Join our 90-day Build to Scale incubator program. 

Apply to join the Simplify to Scale Business Accelerator program, a program for those who have completed Build to Scale or who already have a proven scalable signature offer. It helps you grow and scale that offer and then develop your full scalable signature offer suite.

Want to start your strategic planning? Order your 90 Day Planner to help you create and execute your plan, remembering to plan "just in time."

If you have a plan but are struggling to execute, are not getting your desired results or are wondering if your vision needs some fine tuning, your book your 1:1 business intensive session with Crista and start getting the outcomes you knew you could. 

If you loved this episode then you won't want to miss the opportunity to join like minded, high achieving women at the Lean Out, Level Up Retreat. Reserve your spot today!

Love this podcast? Then you want to join the Lean Out Method community on Facebook for weekly mini trainings with Crista.