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

<p>Women pay up to $2000 a month to hang out with Natalie Eckdahl for a few hours.</p> <p>The mother of 3 has turned her <a href= "http://bizchix.com/category/podcast/">BizChix podcast</a> (which started as a side hustle) into a thriving business based largely on paid mastermind groups. She curates groups of high-performing female entrepreneurs – and gets paid handsomely to do it.</p> <p>Is this a revenue stream you could add to your business?</p> <p><em>Note: <a href= "https://nickloper.lpages.co/leadbox/1403c5733f72a2%3A12b7a20bab46dc/5658017982840832/" target="_blank" rel="noopener">Click here to download Natalie’s top tips for creating and selling a mastermind group program from this episode.</a></em></p> <p>If you’re 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.</p> <p>In fact, a paid mastermind was the first thing I sold on Side Hustle Nation, but I put the program on hold after <a href= "https://www.sidehustlenation.com/a-letter-to-my-son/">our son</a> was born. All of a sudden that extra hour or two in the evening became a lot harder to part with!</p> <p>I wanted to pick her brain on how she set everything up and sold it to her audience.</p> <p>“What I’m trying to create is an amazing brainstorming opportunity for the women that join the group,” Natalie said.</p> <p>Today she’s running five separate premium-priced masterminds for 5- and 6-figure entrepreneurs, with prices ranging from $600 to $2000 a month.</p> <p>But it almost didn’t happen. She was a few weeks away from putting BizChix on pause, when a fateful few customers sparked a major turning point.</p> <p>Tune in to hear how Natalie sets up her groups for success, structures the meetings, and 20x’d her rates in 3 years.</p>