Bonus: Poll The People - Paid vs. Free, Peer-Led Masterminds

Cubicle to CEO

Ellen Yin

Business, Marketing, Entrepreneurship

5.0 • 580 Ratings

🗓️ 3 May 2023

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Thank you to our contributors who we quoted in this episode: @shinewithnatasha @thetiffanycoyle @ericapowellandco @thelistcoach @joyymichelle @hayleyluckadoo @erinhurleymd @sigruncom @kc_creativellc @MizDailey Check out these previous podcast episodes: Meet My Biz Besties w/ Tessabella Jelten+ Laura Markz 3 Practical Ways To Use AI To Create Content: How Jasmine Garnsworthy Runs A Media Company As The Only Full Time Employee This NON-WEBINAR “Open House” Funnel Generates 25% Application Rates For A High Ticket Program w/ Veronica Romney 3 Life-Changing Lessons I Learned From My First Personal Wellness Retreat Our Company's Big 3 Goals For 2023 Subscribe to our channel on YouTube! https://www.youtube.com/c/CubicletoCEOAccess the transcript of this episode HERE: https://otter.ai/u/Vd4q1_8r8ea03ZzmG-r4yMAqpz8?utm_source=copy_urlIf you enjoyed today's episode, please: Leave a positive review or rating at www.ratethispodcast.com/cubicletoceo Sign up for our text notifications at ellenyin.com/superfan so you can be the first to know when a new case study has dropped! Post a screenshot & key takeaway on your IG story and tag us @missellenyin & @cubicletoceo so we can repost... Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome back to Cuvicle to CEO, the podcast where we ask successful entrepreneurs,
0:10.2	the business questions you can't Google.
0:12.5	I'm your host, Ellen Yin, and this week on the pod, we kicked off a brand new mini series
0:17.3	called Retirement for Entrepreneurs.
0:19.5	We're showcasing how entrepreneurs from various
0:22.3	industries and business models are utilizing different investment vehicles to plan and fund
0:28.5	their retirement. And on this topic of conversation about investing, I thought it would be
0:34.6	interesting to also look at investment from the standpoint of not just using money to compound money, but how we're investing to grow ourselves as leaders, as entrepreneurs, as people.
0:46.6	So I actually posed this question to my community a while back. I asked them to weigh in on their experience being in masterminds and whether they found paid
0:56.7	masterminds more valuable or free peer-led masterminds more valuable. And about 20 people answered,
1:03.3	it was quite interesting to hear their responses in terms of why. I'll quickly just share the
1:09.6	high-level data so you know what we're working with.
1:11.7	Like I mentioned, 20 people answered 14. So the majority of people shared that they preferred
1:18.6	paid masterminds. Five people voted for both. And then there was one person who actually
1:25.6	advocated for peer-led unpaid masterminds.
1:28.4	So I collected some of the best responses from the people who had weighed in, and I'll be
1:35.3	sharing some of their thoughts with you here today, as well as sharing my own thoughts and
1:40.1	experiences in participating in both types of masterminds, both paid and unpaid, and sharing
1:46.4	how my view on investing in myself has changed a little bit in this current season of business
1:52.8	that I am in. So we'll start with the data from the community, and then we'll go to my own
1:59.6	thoughts on this. So first, let's talk about
2:02.5	the people who said paid. Like I said, this was the majority group. And there were a couple,
	...

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