Another Mastermind Group Model

Yanik Silver is launching a new Mastermind Group for Internet professionals / entrepreneurs. I came across his press release and he's got a different model from other groups that I've seen that I thought I would share.

The features include:

• Three, 2-day meetings per year. Two will take place in Bethesda, MD (outside of Washington, DC) and the final meeting of the year will be in another location around the country and include an optional adventure trip (like Baja racing, rafting, sky diving, etc)
  

• Six 15-minute 'one-on-one' pre-scheduled private phone calls with me personally every other month.

• Two 30-minute '911-Emergency-as-you-need-it' private phone calls with me.

• 12-Months Underground Secret Society membership ($1051.00+ value)

• Access to Yanik's private rolodex and joint venture introductions

• AND...Attendance for you and one other (spouse, partner, key employee) to the annual Underground Online Seminar(TM). ($3,400.00 value)

His pricing structure is split into models:

1. Group #1 "Millionaire MasterMind" will be $5,000 on acceptance and $1,250 monthly (for 12 months) or you can pre-pay $17,000.00 and receive a $3,000 discount.
   
   
2. Group #2 "Six-Figure MasterMind" will be $3,000 on acceptance and $995 monthly (for 12 months) or you can pre-pay $13,000.00 and receive a $2,000 discount. Note: Members in the Six-Figure group will have first right of refusal to move up to the 7-figure group for future years.

The price tag is very hefty compared to most Mastermind Groups and the number of meeting is also very low. Most groups will meet on a monthly basis as compared to only 3 times per year.

It's smart to segment based on income as if your members are too far apart, the higher earning members often find that they aren't getting value from the group and it quickly falls apart. Nonetheless, I'm always interested in seeing how people are using the Mastermind Group concept and what packages they are offering.