Raise your hand if you’re in a mastermind! 🙋🏽♀️
Raise your hand if you’ve been thinking about one, but you’re just not sure it’s for you or if you should stick with your coaching program.
I hear you. I feel like I’ve done it all in the almost two years since starting my business. (Truth be told, I have. And there’s no shame in that at all.)
But while the terms mastermind and group coaching are often used interchangeably, they’re actually very different. Here’s a quick guide to help you see the difference:
|Ideal for a growing business||Ideal for a scaling business|
|You’ve been in business 6 months to 2-3 years||You’ve been in business 2 years or more|
|You’re trying to have consistent income||You’re consistently billing $5k or more each month|
|Something that comes before a paid mastermind||Something you do after coaching|
|You’re looking to learn from others and a coach||You’re looking for strategic partners|
|You receive from your coach throughout the program||You both give and receive throughout the program|
|You need leadership and industry knowledge to help you get your footing||You’re ready to uplevel and start making more money because you’ve already had success|
|All about learning and growth inside your business||All about refinement and support inside your business|
In short, group coaching is perfect for the new business owner who needs some guidance from a coach. Masterminding is a great option for someone who has been in business for a little while and wants to build connections by offering and receiving expertise from others.
Both group coaching and masterminds are a step forward in business growth for those who need actionable advice and have the capacity to take that action.
Both are invaluable resources in business. What do YOU need next?
Hover over the image to pin it for later!
If you’ve ever wondered what you should invest in next in your business, grab my free workshop to help you decide.
Share with your biz bestie