Bedros Keuilian on the Power of Masterminds with Lewis Howes

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Episode Highlights
Structure
Creating a successful mastermind involves careful planning and structure. recommends holding three mastermind meetings a year, supplemented by monthly coaching calls. He emphasizes the importance of setting clear expectations and maintaining a structured approach to ensure participants stay engaged and benefit fully from the experience 1. Bedros also highlights the value of a private Facebook group where experienced members can support newcomers, fostering a collaborative environment 2.
The more the person pays, the more they pay attention and the more they execute.
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Advantages
Masterminds offer numerous benefits, particularly in the fitness industry. Bedros explains that traditional one-on-one training limits income and impact, whereas group training models, like Fit Body Boot Camp, allow trainers to reach more clients and generate higher revenue 3. He shares his experience with Joe Polish's Genius Network, which inspired him to create his own masterminds, highlighting the efficiency and collaborative advantages of such groups 4.
Our fears internally always cause us to go into the darkest side of, oh, man, I must crush them. As it turns out, I don't have to crush them. In fact, they compliment us.
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Success
Real-life success stories underscore the effectiveness of masterminds. Bedros recounts how showcasing successful clients during presentations can inspire others and drive engagement 5. He also discusses the importance of pricing strategies, noting that if more than 20% of clients pay in full, it indicates that prices might be too low 6. This approach ensures that clients are invested and committed to their growth.
If you have more than 20% who are paying in full, you're not charging enough.
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