10 Mastermind Groups to Help You Succeed as an Entrepreneur

A mastermind group is a group of people who meet regularly to share ideas, feedback, and support for their personal and professional growth. By joining a mastermind group, you can benefit from the collective wisdom, experience, and network of your peers and mentors.

Mastermind groups have been around for a long time, and they have been used by some of the most successful and influential people in history, including Benjamin Franklin, Thomas Edison, Henry Ford, and Andrew Carnegie. Today, there are many mastermind groups that cater to different types of entrepreneurs, such as online marketers, product creators, women leaders, and more.

Not all mastermind groups are open to anyone. Some of them have specific criteria or requirements for joining, such as income level, industry, experience, location, etc. To join the Genius Network, you need to have an annual revenue of at least $1 million and pay a membership fee of $25,000 per year. However, there are also many mastermind groups that are more accessible and affordable for prospective entrepreneurs. Some of them are free or low-cost, and some of them are online or virtual. You can also create your own mastermind group by inviting people who share your goals and values. The most important thing is to find a mastermind group that suits your needs and expectations, and that can help you grow as an entrepreneur.

In this article, we will introduce you to 8 mastermind groups that you can join or learn from. 

READ MORE:
MBA vs. Executive MBA: Which Should I Pursue?
Executive MBA vs. Masterminds: What Suits You?

1. GrowthMentor City Squads

Part of the GrowthMentor membership platform, Ctiy Squads are localized groups of entrepreneurs and marketers who meet in-person and communicate online via Slack to network, collaborate and learn from each other. While the GrowthMentor platform offers mentors organized by location, industry, niche, skill level, and interest, the City Squads are specifically location-based. However, GrowthMentor members are encouraged to also attend meetups at cities they travel to. 

Cost:
$49 per month or $490 per year. This includes access to the Mastermind Groups, as well as hundreds of mentors who can help you grow your business and skills. You can book unlimited one-on-one calls with mentors, access exclusive content and resources, and join a community of like-minded peers.

Benefits:

  • Meet other entrepreneurs and marketers who share your challenges and opportunities
  • Get feedback, advice, and support from your group members
  • Learn new skills and strategies from experts and mentors
  • Build relationships and partnerships with potential collaborators and customers

How to join:
To join GrowthMentor City Squads, first apply for a GrowthMentor membership. You can then find and join the City Squad in your local area.

2. Eccountability Virtual Masterminds

Eccountability is an online platform that connects small B2B and B2C business owners from different industries and locations to form tailored mastermind groups. These groups provide a unique space for entrepreneurs, business leaders, and individuals seeking accountability, support, and guidance on their journey towards success. Taking place on a custom-made platform, Eccountability offers services in effective goal setting, the Rockefeller habits, accountability, and peer mentoring.

Cost: 

There are three different membership levels to choose from, and you can sign up for a free trial of 4 Mastermind meetings.

Benefits: 

  • Connect with other entrepreneurs who can help you overcome challenges and achieve goals 
  • Members hold each other accountable for their goals and commitments.  an accountability partner who can keep you on track and motivated
  • Track your progress and getting feedback from your group and mentors 
  • Learn from the experiences and insights of individuals who share similar aspirations and challenges 
  • Gain access to a variety of workshops and training sessions on subject
  • Access a library of resources and tools to help you grow your business and personal skills

How to join: Visit the and 

Visit the Eccountability website and fill in the form to register your interest. You will need to become a member and fill out a profile asking about your skills and goals to be matched with Mastermind groups that are perfect for you.

3. Business Network International (BNI) MasterMinds

Part of the Business Network International (BNI) organization, BNI chapters are localized groups of professionals and business owners who come together once a month to network, exchange referrals and support each other. They have chapters in over 70 countries, organized by location and typically revolve around specific industries or niches, and offer online and in-person meetings.

BNI provides a structured platform for professionals to grow their businesses and tap into the power of word-of-mouth marketing through a network of trusted peers.

Cost: $500/year 

Benefits: 

  • Generate more referrals and leads for your business. BNI’s core principle is “Givers Gain,” which emphasizes giving referrals to fellow members, which, in turn, leads to receiving referrals from others in the group. 
  • Learn new skills and best practices from the business education segments, where members can share their expertise
  • Enhance your business’s visibility in your local community and establish a positive reputation
  • Be motivated by accountability to fellow members and support other businesses
  • Access a range of resources and benefits from BNI and its partners

How to join: Visit the BNI website to find a chapter near you that suits your profession or industry, Visit one of their meetings as a guest. If you decide to join, you can apply for membership by filling out the application form and paying the annual membership fee. You can also start your own chapter if there is none in your area.

4. War Room Mastermind

War Room Mastermind is a strategic group of visionary business owners and marketers who reveal what’s working now in their businesses and industries. It was started by Ryan Deiss, Perry Belcher, Roland Frasier, Richard Lindner, and Frank Kern, who are some of the world’s top digital marketers and entrepreneurs. War Room members join exclusive quarterly meetings, master classes, deal-making sessions, and a private online community to network, collaborate, and learn from each other and from expert speakers.

Cost: $30,000 per year

Benefits:

  • Meet and partner with other successful entrepreneurs and marketers who share your goals and challenges
  • Learn from the best practices and proven solutions of the founders of DigitalMarketer and other industry leaders
  • Access exclusive research, data, and tools to help you grow your traffic, conversions, and revenue
  • Get honest, constructive feedback and advice from your peers and mentors
  • Enjoy VIP perks and discounts on events, software, and services
  • Make a positive impact on the world by supporting various charitable causes

How to join: Apply for an invitation here. You will then be contacted by a War Room representative to schedule an interview and discuss the details of your membership.

5. The Brightly Immersive Mastermind

This is a 6-month mastermind group program for women entrepreneurs who want to grow their businesses with purpose and impact. They offer bi-weekly 90-minute calls, chat on a Facebook group, and a 3-day retreat.

Cost: $3,500/6 months

Benefits:

  • Meet other women entrepreneurs who share your vision and values
  • Get personalized feedback and guidance from the founder, Brianne Dosier
  • Learn from the experiences and expertise of guest speakers and mentors
  • Attend an intimate 3-day retreat with other members
  • Be part of a mastermind group that meets you where you are and helps you achieve your goals

How to Join: Register for the upcoming webinar for more information on the next program.

6. Entrepreneur’s Organization

Entrepreneur’s Organization (EO) is a global, peer-to-peer network of more than 18,000 influential business owners with 220 chapters in 75+ countries. Founded in 1987, EO is the catalyst that enables leading entrepreneurs to learn and grow, leading to greater success in business and beyond. EO members join small groups of peers who meet regularly to share their experiences, challenges and insights. They also get access to executive coaching, workshops, events, and resources.

Cost: Varies depending on the program and location

Benefits:

  • Meet and connect with other successful entrepreneurs who understand your opportunities and challenges
  • Learn from the best practices and proven solutions of experts and mentors
  • Access exclusive research, data and tools to help you grow your business and leadership
  • Improve your personal and professional skills through education and training
  • Enjoy global and local events and experiences

How to join: Apply for an EO membership here.

7. Carlton Coaching’s Platinum Mastermind Group

Carlton Coaching’s Platinum Mastermind Group is a strategic mastermind of entrepreneurs and marketers who learn from and work with John Carlton, one of the world’s top copywriters and marketers. It was founded by John Carlton and Stan Dahl, who have decades of experience in creating and implementing successful marketing campaigns. Members join exclusive quarterly meetings, hot seats, critiques, and a private online community to network, collaborate, and learn from each other and from guest experts.

Cost: $30,000 per year

Benefits: 

  • Meet and partner with other successful entrepreneurs and marketers who share your goals and challenges
  • Learn from the best practices and proven solutions of John Carlton and other industry legends
  • Access exclusive research, data, and tools to help you grow your traffic, conversions, and revenue
  • Get honest, constructive feedback and advice from your peers and mentors
  • Enjoy VIP perks and discounts on events, software, and services

How to join: Apply for an invitation to the next 2-day meeting here. You will then be contacted by a Carlton Coaching representative to schedule an interview and discuss the details of your membership.

8. Young President’s Organization (YPO)

Young President’s Organization (YPO) is a global, peer-to-peer network of more than 34,000 influential business owners with 220 chapters in 75+ countries. Founded in 1987, YPO is the catalyst that enables leading entrepreneurs to learn and grow, leading to greater success in business and beyond. YPO members join small groups of peers who meet regularly to share their experiences, challenges and insights. They also get access to executive coaching, workshops, events and resources.

Cost: Inquire for details.

Benefits:

  • Meet and connect with other successful entrepreneurs who understand your opportunities and challenges
  • Learn from the best practices and proven solutions of experts and mentors
  • Access exclusive research, data and tools to help you grow your business and leadership
  • Improve your personal and professional skills through education and training
  • Enjoy global and local events and experiences that enrich your life and business

How to join: Check the requirements and apply for a YPO membership here.

9. Indie Brand Builder Mastermind Program

Indie Brand Builder’s Mastermind Program is a learning community to help purpose-driven, consumer product entrepreneurs build sustainable business. Led by Dan Chadney, a successful internet business owner and coach, it offers over 2,000 members proven processes for selling products and actionable advice. The program provides weekly training, interviews with successful product entrepreneurs, and support from a like-minded community. 

Cost: Free

Benefits:

  • Meet and connect with other successful entrepreneurs who share your goals and challenges
  • Learn from the best practices and proven solutions of Dan Chadney and other industry leaders
  • Access exclusive research, data, and tools to help you grow your business and skills
  • Get honest, constructive feedback and advice from your peers and mentors
  • Enjoy free tools and resources on AI, SEO, content creation, marketing, and making money online

How to join: Enter your email here to join the Mastermind Waiting List.

10. Mastermind alternatives

There are many existing and popular platforms which host mastermind groups on various topics and formats. Accessible to all, these platforms are generally more flexible and affordable, but they may vary in quality and engagement. You can find and join mastermind groups that suit your interests and needs, or you can create your own mastermind group and invite people who share your goals and values. Some examples of mastermind alternatives are:

  • Meetup: A platform that helps you find and join local groups of people who share your interests. You can search for mastermind groups by location, category, or keyword, or you can create your own group and host events.
  • Facebook Groups: A feature that allows you to create or join private or public groups of people who have a common interest or purpose. You can search for mastermind groups by topic, name, or location, or you can create your own group and invite members.
  • LinkedIn Groups: A feature that allows you to create or join professional groups of people who share your industry, niche, or expertise. You can search for mastermind groups by keyword, category, or location, or you can create your own group and invite connections.
  • Reddit Communities: A feature that allows you to create or join online forums of people who share your hobbies, passions, or opinions. You can search for mastermind groups by subreddit, name, or topic, or you can create your own subreddit and invite users.

Cost: Usually free or low-cost, depending on the platform and the group.

Benefits:

  • Find and join mastermind groups that match your preferences and goals
  • Create your own mastermind group and invite people who share your vision and values 
  • Access a variety of topics and formats for your mastermind group 
  • Enjoy more flexibility and affordability for your mastermind group

How to join: If you haven’t already, sign up for the platform of your choice and then create or join a group that interests you. 

eMBA vs Masterminds

For those who want to succeed as an entrepreneur, earning a traditional Executive Master of Business Administration (eMBA) qualification is just a viable option as the more contemporary option of joining a Mastermind Group. Ultimately, the choice between the two depends on what you want to achieve and how you want to learn. You can also do both if you have the resources and motivation. The most important thing is to find a learning option that suits you and helps you grow as an entrepreneur. To learn more about both pathways, here is some further reading:

MBA vs. Executive MBA: Which Should I Pursue?
Executive MBA vs. Masterminds: What Suits You?

You can also browse the Global Admissions platform to learn more about various eMBA programs available around the world. We’re here to help you simplify the application process for an eMBA and guide you on your journey towards professional and personal success.

 

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