• Skip to secondary menu
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Nick Jervis

Helping Service Business Owners To Grow Their Business & Enjoy Their Life

0117 290 8549

hello@nickjervis.com

Work with me?

  • Home
    • About Me
  • Free Growth Guides
    • Blogging
    • Coaches Marketing
    • Consultants Business Growth
      • Starting A Consultancy Business
    • Email Marketing Mastery
    • Get Clients Fast
    • Google Ads Mastery
    • Marketing Plan Template
    • Mastermind Group Launch
    • SEO For Small Business
  • Services
    • Business Mentoring
    • Digital Marketing Coach
    • Google Ads
      • How Much To Spend?
    • More Clients Academy – Business Growth Training
    • Small Business Marketing Consultant
  • About You
    • Coaches
    • Consultants
    • Freelance Copywriters
      • Freelance Copywriter Hire UK
    • Healthcare PPC
    • Mastermind Groups
  • Products
    • Digital Marketing Tools
      • OptinMonster
    • Mastermind Group Blueprint
    • More Clients Academy
  • Contact

How To Set Up And Run A Paid Mastermind Group

If you want to know how to set up and run a paid mastermind group, the Mastermind Group Checklist will help you to do this.

If you are thinking about setting up and running a paid mastermind group, you already know just how valuable this can be for your business.

You can leverage the power of several minds to help your clients solve the challenges faced in their businesses faster and in a more sustained fashion than if they try to go it alone at the same time as dramatically increasing your own income.

This page is all about setting up a Mastermind Group in the right way to ensure that it works for you and for your business. It is based on my own experience of running Mastermind Groups and attending many. I know what works and what doesn’t. I want to save you from making the costly mistakes that most people new to running a Mastermind Group make.

Why are Mastermind Groups so powerful?

When a group of individual minds are coordinated and function in harmony, the increased energy created through that alliance becomes available to every individual in the group.

Napoleon Hill

My Mastermind Group Experience (s)

How To Set Up A Mastermind Group To Grow Your Business
Nick Jervis, Mastermind Group Consultant

A Mastermind Group is a perfect business offering. At the same time as allowing your business to offer one to many business mentoring, which is far more scaleable than one to one consulting or coaching, your clients gain insights from a range of business owners in addition to your advice.

In this day and age of transparency where every business must get a great benefit from working with another one, Mastermind Groups really do fit this bill very well.

My name is Nick Jervis and since 2003 when I launched my business I have been in dozens of mastermind groups and run many for my own clients.

I have seen every mistake made and also seen every aspect of a marketing group that is done very well.

What I had not seen before now was a checklist showing new Mastermind Group owners the steps that they needed to complete to ensure that they get the basics right not only for themselves but also for their clients.

<The Mastermind Group Checklist PDFThis is why I have written one for you and it is available to download now.

Simply click the button below to instantly download this now:

Your Mastermind Group Launch Checklist. Click Here Now:>>

Where most people go wrong when setting up a Mastermind Group

It is important to start here. I have seen so many people attempt to set up a mastermind group and fail.

Why does this happen? They have already decided that a mastermind group is a good fit for them and for their clients so they decide to take the plunge and set one up. Then they fail miserably.

In my experience of setting up my own mastermind groups and coaching other expert business owners to set up their own mastermind groups, there are three main reasons:

  1. They do not fully ‘commit’ to setting up the group;
  2. They do not have a plan to follow to help them set up their mastermind group the right way; or
  3. If they have a mastermind launch plan, they do not stick to it.

The commitment part is absolutely crucial. If you take the eminently sensible position that running a mastermind group is a good thing to do for your business and your clients, you have an absolute duty to commit to seeing it through. Sadly, I know that so many expert business owners give up at the first hurdle when setting up their mastermind group.

They do an initial flurry of activity, send an email or two, speak with one or two people and then when they fail to convert them they feel deflated. Usually they fail to dive sufficiently deeply into the needs of the client and how a mastermind group will meet them, so when they come to the end of the call and mention the cost, the person on the other end of the call says that it is too expensive for them. I promise you this: price is NEVER the issue. It is the failure of the mastermind launcher to connect the value to the potential group member that is the issue.

I speak from experience here. I have set up mastermind groups for my own business and for my clients’ businesses.

I have seen some people, myself included, fail spectacularly at first, but then go on to get it right (my second attempt and each attempt since).

When you consider that ‘getting it right’ is usually worth anything from £5,000 to £20,000 a month in income to the person running the mastermind group, it is an end very much worthwhile working towards.

Let’s take a look at the range of prices for a paid mastermind group.

Paid Mastermind Groups – How Much Do They Cost?

How much you should charge for your paid mastermind group will depend on a number of factors, but the key factor is how much value you are going to add to your paid mastermind members’ businesses.

If you can always come back to the value that you add, the cost of joining your Mastermind Group largely becomes irrelevant, because you will add value way in excess of the cost.

There are a range of prices for paid mastermind memberships, ranging from a few hundred pounds per month to as much as £2,000/$2,500 per month for the established paid mastermind groups with a long track record of client success stories.

If you are launching your own paid mastermind group, my advice is to charge a price that you are happy with and that your members can easily afford. Your first paid mastermind group is the most important becuase it will provide you with all of the case studies and success stories that you need to then launch your second, higher priced mastermind group.

Online Or Offline For Your Paid Mastermind Group

The good news today, as we all discovered during the Coronavirus pandemic, is that the world is far better coped to work from pretty much anywhere than it ever has been before.

However, that has been the case for some years now.

I launched my first online mastermind group in 2012 and charged a monthly fee of £750 per month despite that paid mastermind group being completely online.

So you can easily launch an online paid mastermind group.

Are You Serious About Launching A Paid Mastermind Group?

So, are you ready to set up your mastermind group?

Are you committed to running a paid mastermind group?

Would you like a mastermind group launch process which I have used myself and which works?

Would you like that mastermind group launch process to be yours now and without cost?

Ok then.

Why do I offer this free of charge?

You might ask me to coach you through the process later. You might want some help from someone who has been there and done it. You might not too – that is fine too!

Whatever you do, if you download this Mastermind Group Launch Checklist, you will be in a much better place for setting up and running your group. As my business is based around helping other expert business owners to grow their business, I am fulfilling a part of my mission.

Enjoy.

Your Mastermind Group Launch Checklist. Click Here Now:>>
<Mastermind Group Launch Checklist

Primary Sidebar

How To Get Clients Fast

Why Me?

  • I focus on marketing that brings clients to you when they are ready to buy your services (easy life client attraction I like to call it).
  • I ensure that every penny you spend on marketing creates a return on investment for you. Vanity marketing does not pay your bills, so I won’t let you do it.
  • I have been marketing service businesses since 1991.

Best Selling Amazon Author

Two best selling marketing books on Amazon:

Best_Selling_Marketing_Books

As Featured In

Daily Express In News Nick Jervis Small Business Marketing Consultant

“Before we started working with Nick, we had no clear idea of our paid traffic strategy.

We knew there were people looking for what we offer, but we just weren’t getting them landing on our website, and when they did, they weren’t converting in the way we wanted them to.

That’s when we enlisted Nick’s help, and it’s made a profound difference both to the number of leads coming into the business, but the quality too.

He’s helped us bring in several very high-quality leads, which will be worth many hundreds of thousands of pounds, as well as helping our website become better and more conversion-focused too.

I couldn’t recommend Nick more highly – if you’re looking for more leads and more sales, it’s a no-brainer to have a conversation.

Elliott Myatt, Play Area Hygiene Services, Kingsbridge.

“I run an HR business dealing with the nasty bits of HR (disciplinaries, grievances, terminations, etc). I have been working with Nick for 12 months now and it has really changed the quality of leads I am getting. My website is now attracting the right type of clients and brings in a lot more quality, and easy to convert, leads. Nick is clear in what the marketing priorities are to get me the results I want. Very easy to work with and cuts to the heart of the matter – no excuses!”

Carolyne Wahlen, GAP HR Services, Goring

“After working with Nick on our Google My Business strategy we are now ranking in the “Google 3 pack” and generating leads purely from our ranking!Nick also carried out a fee review resulting in a fee increase of 40% and no detrimental effect to volume. Double whammy with increased leads and increased income. Well worth taking the time to talk to Nick and definitely worth working with him going forward, it’s a no brainer!”

David Aggiss, Three Sixty Mortgages, Plymouth.

“Nick’s advice and guidance has been excellent. He cuts through all the noise and brings clarity. His focus is on what is effective and what will achieve the objective. He knows what works and what doesn’t and shows you the best way to approach a strategy.

One particular aspect of marketing was hard to get my head around but Nick made everything so clear and easy to understand. When you speak to him you will see, he knows his stuff!

Thanks Nick.”

Shan Phoenix, Geneva Wealth, Harpenden

Before meeting Nick, I was wasting money with Google, I had a high price per click and a trickle of leads. Now, having worked with Nick for 3 months my Google business page is optimised, my price per click is greatly reduced, customers are finding me and quality leads are flowing! Which means, my Google Ads spend is now profitable with a 3:1 return!

That is why I would strongly recommend working with Nick if you want consistent leads and a greater return on your investment – thanks Nick”.

Richard Linden, The Rent Guarantee Company, Harlow.

“Through Nick’s advice and on going encouragement I have almost doubled my client base and am now looking to take on members of staff to deal with the increase in demand for my services. My success has been in no small way facilitated by my business coaching with Nick. I would, and I do, recommend him to anyone who wants to grow their business.”

Ben Winter, Bristol Wellness Personal Training, Bristol.

“I’m new to google Ads, Nick is managing my ad campaigns and doing a great job, I’m receiving a steady flow of leads with a low cost per click meaning my marketing is paying for itself. Would recommend.”

Wendy Clarke

“Nick’s professional advice, expert knowledge and constant encouragement have proved invaluable this past year. He has helped my business from the outset, offering me support and guidance every step of the way. His services come highly recommended.”

Charlotte Laken – Copywriter

“Nick is an excellent marketing consultant. His knowledge of Google PPC is unparalled. Well worth a chat.Every time I use him my results improve and I make money. Do the sensible thing and pick up the phone to him as you won’t regret it.”

Phil O’Connor, Whitewell Financial Planning, Bolton.

Footer

Get in touch today…

I am here to help you grow your business, so please do get in touch. Simply enter a few details below and I will personally come back to you.

    Nick Jervis SME Marketing Consultant

    Best Marketing Resources · Business Growth Consultant · Get More Clients · How To Grow A Consulting Business · Online Marketing Coach/Mentor · Small Business Marketing Consultant · PPC Consultant Bristol

     

    NickJervis.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a way for websites to earn advertising revenues by advertising and linking to the Amazon website.

     

    Copyright © 2023

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT