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65. Mastermind or Course - Which Is Right For You?
Episode 6525th April 2022 • The Business Journey Podcast • Rebecca Rice
00:00:00 00:19:06

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Let's continue the conversation circling around masterminds. We'll talk through masterminds and courses and really which one will suit you best! I'm also happy to announce my own mastermind application is OPEN!!! My next round goes from June - November and I can't wait to start filling in the spots for those of you who fit. You can fill out your application HERE. It's a first come first serve basis so don't wait, send in your application asap. Can't wait to get started!

Time Difference

Let's walk through the difference of the two - mastermind vs. course. Often, students ask me what they get that's different than taking one of my courses. The first major difference is the time commitment. In a course, it's up to you to go at your own pace. For some personalities that's great, but for others that means you really won't get it finished! A mastermind is much more accountable. The time commitment looks different because we'll go over something (educationally), then you'll get some homework. That requires you to stay invested. Usually you have a call each week or every other, then in between you're applying what was discussed. I think that's a big benefit with masterminds. They typically cost more, but you also are required to stay connected and get work done. 

Content Individualization

Courses really have to be broad. When I say that I mean they teach you an overall concept. Courses can be beneficial to a general public whereas masterminds are specific to those attending. See in a mastermind the coach or mentor is teaching to the individuals in the group. So if you have a specific question to your business you have the ability to ask and get direct answers. There are pros and cons to both, but you just have to identify where you're at and what you want. Maybe you're in a season where you can't be "all" in your photography, but you want to continue growing.. a course will allow you to do that! Masterminds exist to launch you into that next level. My mastermind is called the Level Up Mastermind because it will help you level yourself up!

Personalized + Accessible

One of the things I LOVE about masterminds is the feedback. One mastermind I took was about photography, but I ended up pulling on the coach for financial advice and to this day it has helped me tremendously! Not only are you getting coaching from an experienced person, but the community from those in the group is phenomenal. Maybe you don't look for that or need it, but we can benefit from an outsider looking in, saying "yes, you're doing a great job!" Remember the saying, it's not about what you know but who you know? The connections I've made over the years from masterminds are still ones I'm grateful for. 

Mastermind vs. Course

If you're still on the fence and not sure if you're ready or a good fit, fill out the application anyway! Let me look things over, have that conversation with you and ultimately help you decide if it's the right time. I never accept people into my masterminds if I don't think it's the right fit for them. Maybe you need a few months to get things more solidified and that's ok! I've done this a few times now and can at least point you in a direction that will get you there.  

Links Mentioned

+ Level Up Mastermind Waitlist

What We Discussed

Time Difference(3:29)

Content Individualization (8:53)

Personalized + Accessible (14:05)

Mastermind vs. Course (15;43)