{"id":10818,"date":"2017-04-18T20:17:21","date_gmt":"2017-04-18T20:17:21","guid":{"rendered":"https:\/\/www.process.st\/templates\/3-11-fill-your-mastermind-process\/"},"modified":"2024-02-28T20:48:45","modified_gmt":"2024-02-28T20:48:45","slug":"3-11-fill-your-mastermind-process","status":"publish","type":"post","link":"https:\/\/www.process.st\/templates\/3-11-fill-your-mastermind-process\/","title":{"rendered":"3.11 Fill Your Mastermind Process"},"content":{"rendered":"
\n

The 5-Step Planning Process:<\/h2>\n
\n

Before diving in, it's crucial to begin with the 5-Step Planning Process so you have a clear picture of the entire map!  Remember! There are just 5 easy steps: Dream it, Map it, Book it, Chunk it & Do it!<\/p>\n<\/p><\/div>\n<\/section>\n

\n

Step #1: Dream It<\/h2>\n
\n

A MASTERMIND is unlike most other offers out there, so everything must be treated differently.  In short, a MASTERMIND is a long-term, high-level group coaching experience that brings together the right people to support each other in the obtainment of each others' goals.<\/p>\n

It's for this reason, that your #1 job and priority is to ATTRACT the RIGHT PEOPLE... NOT the MOST AMOUNT of people.  <\/p>\n

So, it's great to set GOALS here, but it's important that you make your #1 GOAL to put the RIGHT PEOPLE in the RIGHT ROOM together, and someone isn't the \"right\" person, just because they can afford it.  <\/p>\n

It's also important to keep the size of your mastermind rather intimate.  I suggest between 8 and 18 individuals for a 6 to 12 month commitment that includes AT LEAST two live events.  <\/p>\n

To craft, your goal, simply identify how many people and at WHAT PRICE would you like in your mastermind.  And, to get REAL SPECIFIC with your goals, create a wishlist of the people you'd like to see in your mastermind!  <\/p>\n

And the good news, you don't need a MASSIVE AUDIENCE to fill your mastermind.  If positioned and sold effectively, you can do this with a small list size and following. <\/p>\n<\/p><\/div>\n<\/section>\n

\n

Step #2: Map It<\/h2>\n
\n
<\/a>
\n <\/figure>\n<\/p><\/div>\n
\n

The following is the EXACT 3-Phase approach I've used to SELL OUT my Mastermind 2 years in a row and generate +$1 Million in revenue.  <\/p>\n

Phase #1: Build Momentum:<\/strong><\/p>\n

In the first phase, I create a \"waitlist page\" to build an interest list.  You can spend anywhere from a few weeks to a few months sharing buzz about what you are creating.  This can be as simple as letting your audience know in an email or FB LIVE, \"hey, I'm creating a mastermind.\" <\/p>\n

Phase #2: Attract Applicants:<\/strong><\/p>\n

This is the phase in which you'll attract applicants to fill out an application for your mastermind.  In the example above in the map, I use an \"informational webinar\" to explain more about WHAT my mastermind is all about, then I announce the price and how to apply.  Using a webinar is absolutely optional. Just make sure there IS a deadline to apply. <\/p>\n

You'll also notice that there is an option to require a \"Yes I'm serious about applying\" DEPOSIT from your applicants.  If you have a LARGE audience with a lot of interest, a DEPOSIT helps to identify who is really serious. <\/p>\n

Phase #3: The Applicant Interview:<\/strong><\/p>\n

In this final phase, you'll carefully interview your applicants to make sure they are a right fit for your mastermind.  If they are, this is also the time to collect payment for your mastermind. <\/p>\n<\/p><\/div>\n<\/section>\n

\n

Step #3: Book It<\/h2>\n
\n
<\/a>
\n <\/figure>\n<\/p><\/div>\n
\n
Phase I: Build Momentum<\/strong><\/h5>\n<\/p><\/div>\n
\n

In Phase I, you'll create a WAIT LIST Page for your Mastermind in order to build up interest and excitement for your mastermind! I recommend spending at least 2 weeks (ideally 1 -2 months) building up momentum for this!<\/p>\n<\/p><\/div>\n

\n
Phase II: Attract Applicants<\/strong><\/h5>\n<\/p><\/div>\n
\n

Now Accepting Applications! In Phase #2, you'll announce that you are now accepting applications! The best way to officially introduce WHAT your Mastermind is and if it's a right fit, is through a webinar! Just make sure there is a deadline to accept applications. <\/p>\n<\/p><\/div>\n

\n
Phase III: Select Applicantts<\/strong><\/h5>\n<\/p><\/div>\n
\n

Phase 3 begins the moment you close down applications and begin to interview and select the right members for your group. The steps here are simple:<\/p>\n

    \n
  1. Interview <\/strong>- conduct a follow-up interview call with each qualified applicant<\/li>\n
  2. Select <\/strong>- Select your applicants and notify them<\/li>\n
  3. Collect<\/strong> - Give instructions on how to collect payment with a deadline<\/li>\n<\/ol><\/div>\n<\/section>\n
    \n

    Step #4: Chunk It<\/h2>\n
    \n

    The \"Chunked\" Projects For Your Mastermind Launch:<\/p>\n<\/p><\/div>\n

    \n