The Side Hustle Show

269: How to Set Up and Sell a Paid Mastermind Group


Listen Later

Women pay up to $2000 a month to hang out with Natalie Eckdahl for a few hours.

The mother of 3 has turned her BizChix podcast (which started as a side hustle) into a thriving business based largely on paid mastermind groups. She curates groups of high-performing female entrepreneurs – and gets paid handsomely to do it.

Is this a revenue stream you could add to your business?

If you’re in a consulting, freelancing, or coaching role and trying to figure out what the next step is to scale up your business, a group mastermind program could be the answer.

In fact, a paid mastermind was the first thing I sold on Side Hustle Nation, but I put the program on hold after our son was born. All of a sudden that extra hour or two in the evening became a lot harder to part with!

I wanted to pick her brain on how she set everything up and sold it to her audience.

“What I’m trying to create is an amazing brainstorming opportunity for the women that join the group,” Natalie said.

Today she’s running five separate premium-priced masterminds for 5- and 6-figure entrepreneurs, with prices ranging from $600 to $2000 a month.

But it almost didn’t happen. She was a few weeks away from putting BizChix on pause, when a fateful few customers sparked a major turning point.

Tune in to hear how Natalie sets up her groups for success, structures the meetings, and 20x’d her rates in 3 years.

Full Show Notes and PDF Highlight Reel: How to Set Up and Sell a Paid Mastermind Group

...more
View all episodesView all episodes
Download on the App Store

The Side Hustle ShowBy Nick Loper of Side Hustle Nation | YAP Media

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

1,553 ratings


More shows like The Side Hustle Show

View all
The Smart Passive Income Online Business and Blogging Podcast by Pat Flynn

The Smart Passive Income Online Business and Blogging Podcast

3,451 Listeners

Afford Anything | Make Smart Money Choices by Paula Pant, Personal Finance Expert | Cumulus Podcast Network

Afford Anything | Make Smart Money Choices

3,565 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,749 Listeners

The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,842 Listeners

Build Your Tribe | Grow Your Business with Social Media by Brock Johnson

Build Your Tribe | Grow Your Business with Social Media

2,620 Listeners

Negotiate Anything by Kwame Christian Esq., M.A.

Negotiate Anything

718 Listeners

Love, Happiness and Success with Dr. Lisa Marie Bobby by Dr. Lisa Marie Bobby

Love, Happiness and Success with Dr. Lisa Marie Bobby

825 Listeners

Entrepreneurs on Fire by John Lee Dumas of EOFire

Entrepreneurs on Fire

3,842 Listeners

Marketing School - Digital Marketing and Online Marketing Tips by Eric Siu and Neil Patel

Marketing School - Digital Marketing and Online Marketing Tips

1,268 Listeners

The How of Business - How to start, run, grow and exit a small business. by Henry Lopez

The How of Business - How to start, run, grow and exit a small business.

510 Listeners

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business by Jenna Kutcher

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business

12,084 Listeners

ChooseFI | Financial Independence Podcast by ChooseFI

ChooseFI | Financial Independence Podcast

5,156 Listeners

Side Hustle School by Chris Guillebeau / Onward Project

Side Hustle School

3,285 Listeners

This Naked Mind Podcast by Annie Grace

This Naked Mind Podcast

2,566 Listeners

The Russell Brunson Show by Russell Brunson | YAP Media

The Russell Brunson Show

921 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,081 Listeners

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing) by Hala Taha | Entrepreneurship, Sales, Marketing | YAP Media Network

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)

1,345 Listeners

Leverage with Rebecca Zung by Rebecca Zung, Esq. | YAP Media

Leverage with Rebecca Zung

332 Listeners

Elevate with Robert Glazer by Robert Glazer | YAP Media

Elevate with Robert Glazer

351 Listeners

Creating Confidence with Heather Monahan by Heather Monahan | YAP Media

Creating Confidence with Heather Monahan

1,093 Listeners

My First Million by Hubspot Media

My First Million

2,660 Listeners

The Anxious Achiever by Morra Aarons-Mele

The Anxious Achiever

573 Listeners

The Trent Shelton Podcast by Trent Shelton Companies

The Trent Shelton Podcast

5,849 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,819 Listeners

The Greatness Machine by Darius Mirshahzadeh | YAP Media

The Greatness Machine

131 Listeners

All the Hacks: Money, Points & Life by Chris Hutchins

All the Hacks: Money, Points & Life

1,615 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

211 Listeners

The Koerner Office - Business Ideas and Deep Dives with Chris Koerner by Chris Koerner

The Koerner Office - Business Ideas and Deep Dives with Chris Koerner

257 Listeners

Leap Academy with Ilana Golan by Ilana Golan

Leap Academy with Ilana Golan

274 Listeners

The Dr. Leaf Show by Dr. Caroline Leaf

The Dr. Leaf Show

3,097 Listeners

MSTR Today: Daily insights of Michael Saylor and Strategy (MicroStrategy) by John Lee Dumas

MSTR Today: Daily insights of Michael Saylor and Strategy (MicroStrategy)

16 Listeners