Question
I am getting ready to launch a local small business mastermind group, and expect 25-30 attendees. My goal with this is to offer a structure to local entrepreneurs who are interested in the mastermind concept.
I would like to keep the actual mastermind meetings free or low cost in order to get people in the group, however I would like to explore other opportunities to monetize using this platform. Bi-Weekly Accountability Calls? Bring in local professional service providers? (accountant, lawyer, insurance agent, etc.)
I have a business development consulting background, so maybe something around structuring joint ventures?
Answer
Define the target for your group and what pain point you are solving for them.
You can work on a lead sharing concept and can charge for that.
Also, you may want to start a sponsor slot where external business can present their offering in this group.
