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Marketing School - Digital Marketing and Online Marketing Tips

Are Masterminds Really Worth It? | Ep. #1101

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Business, Marketing, Careers

4.61.4K Ratings

🗓️ 6 August 2019

⏱️ 7 minutes

🧾️ Download transcript

Summary

In episode #1101, we discuss whether Mastermind groups or worth the time and money. Tune in to hear if you should be in a Mastermind. TIME-STAMPED SHOW NOTES: [00:25] Today’s Topic: If Masterminds are Worth It [00:33] A Mastermind group is a discussion session centered around a specific topic, industry, or purpose. [01:15] You can have one with as little as 5 people. [01:48] The groups can also get as large as a couple hundred people. [02:05] Some groups make a profit and others are free. [02:33] In India, the groups are very costly. [03:10] Spending $10,000/year is worth it to Eric, because Masterminds helped save his business. [03:40] If it doesn’t work out, you probably picked the wrong Mastermind. [04:14] Ideally, other group members should be on your level or higher. [04:30] You don’t want someone to be just starting out, because they won’t help you. [04:54] That’s it for today! [05:02] To attend our Growth Accelerator Mastermind, go to the Marketing School site for more information and to apply. Learn more about your ad choices. Visit megaphone.fm/adchoices See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Welcome to Marketing School, the only podcast that provides daily top-level marketing tips and strategies from entrepreneurs that practice what they preach and live what they teach.

0:11.5

Let's start leveling up your marketing knowledge with your

0:14.2

instructors Neil Patel and Eric Sue.

0:17.0

All right guys before we start we got a special message from our sponsor.

0:24.0

If you want to rank higher on Google,

0:25.9

you got to look at your paid speed time.

0:28.5

The faster your website loads, the better off you are.

0:31.3

With Google's core vital update,

0:33.0

that makes it super, super important

0:34.8

to optimize your site for low time.

0:37.6

And one easy way to do it is use the host

0:40.0

that Eric and I use, Dreamhost.

0:42.0

So just go to Dream Host or Google it.

0:44.8

Find it, check it out, and it's a great way

0:47.0

to improve your low time.

0:49.8

Welcome to another episode of Marketing School.

0:53.0

I'm Eric Sue.

0:54.0

And I'm Neil Patel.

0:55.0

And today we're going to talk about if masterminds are really worth it.

0:58.6

So first and foremost, Neil, what is a mastermind?

1:01.4

So a mastermind is where you go to with the group of people

1:05.2

you guys all get together and you discuss stuff that's

...

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