MBA1305 Q&A Wednesday: Should I attend a mastermind retreat that costs $5K?

The $100 MBA Show

Omar Zenhom

Careers, Entrepreneurship, Business, Marketing

4.9 • 1.2K Ratings

🗓️ 10 July 2019

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Mastermind groups are all the rage, but are they worth the (sometimes hefty) price tags? This week’s Q&A comes from a listener who has an opportunity to attend a pretty exclusive Mastermind, at a pretty substantial cost. At $5,000, it’s worth taking a moment to make sure it’s a good investment.

Transcript

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0:00.0	Heyo! Welcome to the $100 MBA show because the entrepreneur journey is a long one.
0:14.4	That's why we deliver daily 10 minute business lessons for the real world.
0:18.2	I'm your host, your coach, your teacher, Omar Zenholm.
0:21.5	I'm also the co-founder of the $100 MBA, a complete
0:24.8	business training and community online. And today's episode is a Q&A
0:28.5	Wednesday episode. On our Q&A Wednesday episodes I answer a question from one of
0:32.4	you, one of our listeners.
0:34.0	If you have a question you want to ask, just email me over at omar at 100MBA.
0:39.0	Today's question is from Hubby and Hubby asks,
0:42.0	I have the opportunity to attend an intimate entrepreneurial mastermind retreat.
0:47.0	The people that will be attending are high caliber and it seems like it's going to be a lot of fun.
0:51.0	But the price tag is $5,000. Any advice on how to make
0:55.8	a decision on whether to attend or not would be greatly appreciated. Thanks, Hubie.
1:01.0	Great question, Hubie, because often we have opportunities to go to events, go to masterminds, go to retreats like these.
1:08.1	Then we look at the ticket price and like, whoa, how is this so expensive?
1:11.9	Why is it so expensive? The good news is that you do
1:14.6	recognize some value to this retreat. So in today's lesson I'm going to try to give you a
1:21.4	framework to make this decision.
1:24.0	This will help you to decide whether to attend not only this retreat,
1:27.0	but any other experience or event.
1:29.0	So let's get into it. Let's get down to business. Today's episode of the $100 RBA show is supported by PODIA.
1:40.0	PODIA helps thousands of creators earn money from their passion.
	...

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