Coach Pony

Coach Pony


Why You Should Avoid Paid Masterminds

August 31, 2023

Today’s caller to the Coach Pony Radio Hour wants to know if a pricy mastermind is worth it as a new coach.


And of course, we’ve got hot takes and advice for deciding if a high-priced mastermind is right for you and your coaching business.


In this very cheesy eighties-themed season of the podcast, join me, Christie Mims, a career and business coach, and Bobbi Palmer, a dating coach, as we answer your burning questions about your coaching business. Bobbi and I have built six and seven-figure businesses of our own, and we’ve learned a thing or two along the way. And now, we’re sharing all that knowledge with you.


Today we’re giving you the down-low on what a mastermind is, why they can be valuable, and why we think they’re a bad idea for a new coach.


Listen to the full episode to hear about:

  • What the value can be in a mastermind and why it’s just not there for new coaches
  • Why you should be wary of masterminds that don’t have a minimum income threshold
  • How making a major investment in a mastermind can set back your business and cause you unnecessary stress
  • The education and training that new coaches need instead. Bonus: it’s lower-priced
  • How to start your own mastermind for mutual support and ideas


To learn more about Bobbi Palmer:


To learn more about Christie Mims:


If you have some chocolate worth reviewing on the show, we are easily bribed! 


Email us at hello@coachpony.com with your recommendation or if you want to send us something to try!