Would you pay $2,700/month for this...?

No, no and did i mention.. no?

wow thats a lot of dough

I only paid $37 to join the Warrior Forum War Room.

Not to mention the ability to develop your own 'Mastermind' group here at the WF for free...

.jrd

If you can easily afford $2700 per month, outside of what business expenses you may have, as well as living expenses....to take part in open communications with OTHER like-minded entrepreneurs who are OPEN to sharing ideas and the 'leader' of the pack has earned six-figures in less then 2 or 3 months...GO FOR IT...because I don't see that happening with the same level of ease here on the WF...

I'm doing so well...

I would.

But it depends, if you need to sell your car, mortgage your house and live on peanut butter sandwiches, then no, and I would never recommend anyone that's in a financial dire situation to pay that much.

There are alternatives to paying 2700$/month to getting around success-minded people.

I heard once the story of Derek Gehl (the CEO of IMC - a 20+ million dollar company I believe - of the late Corey Rudl) once on how he got into IM.

The gist of it, is that he basically persisted in wanting to work for Corey. After many, many rejections. For months, or years even I think. He kept presenting himself with a value proposition. Until, Corey could not refuse anymore. He later then became his right-hand man for many years.

Did he pay thousands to get close to Corey? No. He actually got paid for it.

Did he surround himself with the smartest Internet Marketers? Yes.

Many roads lead to Rome.

Personally, I would pay for it. All I'm trying to say is that there are many ways to get there. If you have the money, it's a great shortcut. If you don't, it's fine there are other ways.

I want to sign-up for Yanik Silver's Maverick Entrepreneurs group. That sounds like a lot of fun & killer networking. Or meeting Eben in person.

I definitely am NO, too!

Frank Kern is a top notch marketer and copywriter, if you can afford this amount on a monthly basis, then sure why not. Just make sure that you are profiting from your new skills and using them to grow your business.

I'd definitely say no if just starting, cause you don't want to put the stress of the $2700 investment on your business, especially if you can't really afford it. If you have money to throw away, that's a different story.

If you are up around the $100/day range, then it may be worth it cause you are only spending about a months earnings. For me, though, I think you can get most, if not all, of that 'inside' information far cheaper.

If you see the value in it, then it really isn't that expensive at all. If you see how it can benefit your business and you COMMIT to DOING it and using what you learn, then it is worth it. Not everything that is of great value has a high price tag. And not everything that has a high price tag is of great value. Your job is to figure out which is which and worth it for YOU.

The point of paying such a high price is to qualify people. You want to mastermind with people who have proven skills, not someone who just says they have the skills and just want to take and not give any information.

If you can't join a mastermind then hooking up with a partner to make each other accountable is the next best thing. Accountability often makes you take action when you otherwise wouldn't.

Hmm... it's a bit like that old chestnut that says, "The desire of someone to be in government should be the best reason for stopping them doing so". Basically, if you can easily afford to pay this kind of money, then you don't need to - you're already making enough. And if you can't, well, go back a few steps.

Does Jeff Walker pay Frank $2700 a month to get on the horn every so often? And does Frank do the same for Jeff's input?. Does John Reese say, "That'll be 10 large please" when Frank corrals him at a bar? Of course not.

People, I'm sorry, but you're being hosed. If you can't afford it then you shouldn't and if you can afford it, why pay?

When you think about it, if someone can pay $2700 a month obviously they are already making some good money. That's a mortgage payment! Anyway, before I would even consider joining something like this, I'd need to know a couple of things first such as:

1. Will I be assigned a personal mentor/coach who's earning 6 figures and will work with me one-on-one, for a minimum of 1 year to show me how to make the same kind of income they are making?

2. Also, will a portion of the $2700 / mo go toward marketing campaigns, seo, autoresponders, and other business related expenses?

If I have not at least broken even in 12 months, they should refund all membership fees, as long as there were detailed records showing that I followed all training instruction.

It's a known fact that some people just are not going to do the work, regardless of dropping 2 grand on training so these people would pretty much forfeit their refund but for those that are coachable, and follows the instruction of their mentor, they should have one heck of an income at the end of a year and won't need a refund, but if not, they should get their money back.

Paying $2700 / mo to join a mastermind group strictly on faith and blind hope is not something I would do, I don't care who the guru is. You ever join a biz thinking it was one thing and then find out AFTER you joined that it wasn't quite what it was hyped up to be? The concept would be the same with joining a mm group with this type of fee. I guess the question to ask yourself is are you willing to be out of 2 grand if it doesn't meet your expectations?

I've spent more for less, so yeah I would and will when I can. With the automatic filtering that occurs at those price levels you get a room full of the very best and its got to be encouraging and valuable. If all they did was get together for tea it would be worth knowing some of those people.

I'm in a local Mastermind group, and it's very effective for having accountability. When I tell them I'm working on some new hair-brained scheme, they give honest opinions about pitfalls they see. And the next month, if I haven't done anything to move forward, they'll hold me accountable.

It's very helpful. A key enabler for my biz.

But it's free. The $2700 group could be worthwhile if you were very focused, had a profitable biz, and wanted to take it to the next level with some guidance. But that's not appropriate when you're just starting out.

-glenn

One thing many people are not taking into account here is that not just anyone can get into Frank's "Plastermind" group.

The original 20 members were hand picked from a stack of applicants. Many people were turned down by Frank.

Why didn't he just take their $2700 a month as well?

Because he wanted a "True Mastermind". One that would benefit him, and all the members. I've met all the members, Peter included, and hung out with them all. Have had the chance to get to know some of their families and even helped out with their business.

It's a great group of people, and a true mastermind. The mix and diversity in the group is great. You have patent attorneys, successful dentists, guys in the dating industry, marketing nerds, etc etc.

Now many people were turned down for the mastermind that were willing to pay up. But Frank was smart and didn't take every person who wanted in. He took those that he felt could contribute to the group, and he accepted those that he honestly felt were ready to make that type of commitment.

During the mastermind sessions it's always fun to watch the faces of people when Frank goes into "True Frank Mode".

Here's how it works...

Someone will be doing a presentation or laying out the facts of their business. Everyone is having a great time, joking around, and giving ideas. We banter back and forth and share all our thoughts.

Then, out of nowhere Frank will stand up and say....

"Here's what you do..."

And what follows is a mad stream of genius consciousness that I've seen nowhere else. As Frank is freestyling some crazy idea of the top of his dome, all the Plasterminders are frantically grabbing pencils trying to write down the rant before he finishes.

These moments are extremely precious and the Plasterminders know exactly what I'm talking about. Everyone's jaw is literally hanging on the table tops as Frank goes into Frank mode. It's pure classic genius stuff.

But unless you've been there it's hard to really understand how valuable the info is.

$2700 a month. Yep, it's a ton of dough.

But if you know Frank the way I know Frank you'd likely kick down $2700 just for an hour with this guy.

There's a reason I had such quick success on the internet even though I was bumbling my way around and clueless when I got started. And much of that success is due to what Frank personally taught me about the intronets and selling.

Anyhow, the Plastermind rules and I consider them all a very witty group of people and am glad to call them my friends!

And oh yeah, I think they hold the record for the largest bar tab in marketing history! I won't say how much, but let's just say they got kicked out of the Four Seasons pool area in Maui for drinking too much Cristal!

Peter,
I really enjoy Frank Kern's offbeat style and humor. You invested lots of money for something you believe in. I hope you will keep us updated on how well you do and some of the things you have learned that help you succeed.

Some take a bus, some a taxi, some their own vehicle, some fly first class. Some even walk The object is to get to your destination. The beauty of IM is, No matter what mode of transportation, the way to success is open to all who are determined to find it. Good luck.

I would in a heartbeat if I lived in an area where I could easily join in on the 'in-person' aspect - it would be a sound investment in my business's future.

Think about this:
- Franchises are popular and a pretty successful business model because it includes a tremendous amount of training, thus increasing the franchisee's success rate - and you can rarely get a top franchise for less than a 100k. So based on the reasoning of why spend the money if you have the money to spend - this business model should fail, correct?

- How much does a good business school education cost? How about going for that MBA? Just paid my stepson's way through school - and it was darned close to the cost of this program - and none of the professors were in these guys income bracket

- Last but not least - my core business is the payment processing industry. We attend conferences for educational purposes (mostly legal updates) that are 3 days of nothing that improves my bottom line for $3500 and up.....

If you have the money to do something like this - it should be a no-brainer.
If you are making a decision between the mortgage and the mastermind group - that should be a no-brainer as well.

Kudos for having the mindset to see this as an investment rather than an expense.......

Melody

I would only pay that sum if it made me money in excess of it.

Moreover, If I was going to invest $32,400 a year into some training, I would want to directly earn at least $100,000 from it. Otherwise what's the point.

By the time you factor in your time of doing the training, travelling and then implementing the ideas, then if it isn't worth at least three time the investment then I wouldn't do it.

Otherwise you would be better off burning the money on PPC and fine tune your results until you got mucho paybacko.

I agree that if your business is ready to go to the next level and you can swing the payments.. It is a no brainer to learn from the guys who have been there. Why reinvent the wheel? Yes, you can form a free mastermind but you have to have people who are above you so you can learn from them.. What I still have to figure out is how to get someone above me to start mentoring me? I really believe in the power of a coach or a mentor. I strongly believe that if Hubby and I had a mentor our business would have a lot more zeros behind it...

I think the fee is ridiculous. What anyone really pays for is ideas. All of which can be had for free with a little legwork.

As far as "face time" goes, that's what you're really paying for here and even that can be circumvented.

Personally, no, I wouldn't.

I put myself in the shoes of someone running this kind of thing, and ask myself why they're doing it.

My name is James, and I'm a sceptic...

There is nothing that can compare to face to face brainstorming and sharing.

Energy breeds energy - thats why seminars are so popular. You can watch a video or listen to an audio and be inspired to do things but being in a room where people are blurting out ideas is really the most powerful. Not to mention the accountability factor created by peer pressure.

I'm part of the original Mass Control group and I missed the San Diego get together because I was babysitting a client project/launch. I've regretted it ever since.
Even the free stuff and "lower" level stuff Frank gives out - like info millionaire contains super valuable information.

Peter, the fact that you were selected to participate in this group is awesome. You should feel honored (I'm sure you do)

Effective mastermind groups can be difficult to cultivate. Being selective of who is in it is the only way to go. Too many times people join and don't have anything to offer (or refuse to offer). All too often people who join don't want to share - they just want to take.
Of course having a hefty price tag helps to weed out the lookie lou's

Peter,

I think what it comes down to is if your perceived value of the mastermind
far exceeds the cost of being a part of it.

Price is merely what you're willing to pay to get what you want.

Obviously you must have felt that hooking up with Frank as well as other
like-minded professionals such as yourself was worth the investment and
you believed that your ROI would far surpass what your cost was.

And I'm sure it has already.

Jason

One thing that hasn't been touched on here is personality. If the participants of a mastermind just can't into the zone as a group, then it probably doesn't have the kind of value one should pay $2,700 a month for. And if the personality of the group leader rubs you the wrong way, you should keep looking. Even if the experience level is there, if the personalities clash, not much productive will come from it.

I spied on Frank's plastermind members on Twitter during the last event. From the outside looking in, that group is one I'd certainly pay to be a member of.

John

For JIMRPIPS:

I agree, but a lot of people fool themselves into thinking that they have to pay big bucks to get useful information.

Or they think that because they have paid say $10,000 then they are more motivated to put things into action.

Sometimes a $97 dollar report can be worth a fortune if it is acted upon.

For some people earning an extra $1,000 a month to pay the rent or mortgage would be a success and quite rightly. For others it may be $100,000 or $1,000,000 or more.

Often people have more Time than Money and in these instances paying $2,700 a month wouldn't work.

I am all for mentoring, if it MORE than pays for itself.

Another poster mentioned that the should be a personailty fit somehow and this is certainly a factor. It doesn't necessarily mean there has to be a buddy buddy relationship but sometimes you can't always get on with someone even if they mean well.

Am definetly not...

There are some pin point accurate comments and responses to this thread and I thank you for allowing me a few moments to add in my thoughts on the topic. By the end of my post you'll see how a "newbie" could benefit from a $2700 a month program, like I was able to.

First...I'm a "Plasterminder" myself, I actually made a video about masterminding with Peter 2-3 days ago, and I am an Internet Marketer. I have been part of some free mastermind groups in the past and when I had the opportunity to join Frank's group I was financing the membership.

Today it's a monthly expense.

RISK - My initial thoughts - Damn this is expensive but it's an investment in my future as a marketer and an opportunity to fast track my success. When I applied I was one of the masses at his conference, just another face in the crowd. Willing and eager to learn and do whatever it took to succeed. I had a marketing list of exactly 302 people, I remember because I put it on the application, and had not crossed the 5 figure a month mark yet.

INVOLVEMENT- I've attended every call, participate actively with the group and have been to all 3 of our group meetings, plus when I leave Phoenix and happen to stumble upon the San Diego area I stop by and visit. We've even had a Mini-Mastermind session in between our scheduled ones because a few of us Plasterminders were launching around the same time. We met in SD for a little extra guidance and in person collaboration for a few days. Priceless!

LEARNING- With every single call, meeting, conference, etc, I walk away with something that makes it all worth while and helps my business in one way or another. None of this would have occurred if Frank was not the catalyst that he truly is. Outside of just Frank's pure genius, the experience that each of us brings and is willing to share in a closed door meeting is unparalleled. All barriers come down and every aspect is shared. I've learned heaps from the mistakes of others and have shared my failures and successes as well.

For Example- A simple mistake by a programmer caused our recurring billing to fail just prior to our first in person meeting as a group. I shared not only the experience, what went wrong and how we fixed it, but also discussed what minor changes we made in Authorize.net that 2 other members incorporated themselves for international ordering issues. While only a minor part of the example I think you get my point.

Another example is a current project. At our last meeting in January we announced a new market that we were going into. Instead of being concerned that someone else was going to steal and compete with me in my market we have picked up two potential JV partners from within the group that will help enhance the domination of this new niche. 6 months ago our projects and niches were not even close to being related, but it just so happened that our new projects weave together perfectly now. The Plastermind afforded me a lucrative opportunity that was not available or even foreseen 6 months ago.

SUCCESS- I can honestly say I would not be in the position I am today without the help of Frank Kern and the Plastermind group. Notice how I included the group as well. See, Frank is amazing and he is a big factor but the cohesive group Frank has formed is what sets us apart. I know that without a doubt I can pick up the phone or blast out an email and receive help, guidance, or even just a kick in the rear. There's a feeling of family and a common goal.

Since becoming a member we have crossed the 6 figure mark for one of our products, earn over 5 figures a month as an affiliate marketer, been hired to help run product launches incorporating video (my passion), and have other JV deals in the works. I can honestly say that the Plastermind group and being a member have helped fast track our success. This mastermind is worth far more than the $2700 a month we pay. Plus, It's a fun group to hang out with til 2-3am and then be at our meetings at 8am.

NOT FOR EVERYONE - The large payment and workload is definitely not for everyone. I took the risk and it paid off for me, but I was willing to put in 18 hour days to help fast track the progress and reach my goals. Most people aren't willing to sacrifice or risk so much as a newbie. I'm grateful for having the opportunity to take that risk.

To clarify the non-compete clause. There was NOT a non-compete document signed or discussed within the group. Some of us overlap and even cross promote. The professionalism and respect we have for each other prevents such a problem.

Looks like my video is done rendering over on my Mac and I have to get back to work. Thanks for your time and I hope this helps from a newbie perspective.

Remember, I was in your shoes less than a year ago...

Cheers,
Jeff "Herschy" Schwerdt

P.S. - What about those free groups I was in? They just meandered about and faded away with no real mentorship or guidance.

P.P.S. - The 4 seasons shenanigans is totally true!

Thanks a lot for this post. I have heard Michael Chaney talk about a group like this, is the same one?


Thanks a lot,


Micah Rush

<><

Peter and Herschy,

Frankly, I thought the video was boring. That's not intended to be a slam on you guys. It just didn't turn my crank.

But after watching the video and reading Herschy's post above, here's my take-away.

Herschy took a calculated risk, put his money where his mouth was, and took massive action. He may like hanging out, screwing off, and drinking 'til the wee hours of the morning with the crew. But he's serious about his business.

Warriors, if you ain't where you wanna be, take note.

John

Well said dude.

For the record, the Plastermind group is closed and we have no plans of accepting any new applications.

AND those sick *******s said they wanted to haze any new people that came in anyway.

AND (I swear to God this is true): So far, someone has had to go to the hospital in 2 of the past 3 meetings.

AND the level of debauchery has escalated to the point that I think we need to bring in Dr. Phil to give us all a good "talking to".

AND it's only a matter of time before someone (Marty) loses an eye.

So with that said, I would not advise anyone in their right mind to even begin to consider paying $2700 to be in my Platinum Group (which can out-drink both Yanik and Eben's groups *combined*).

Wow, thanks for that insightful response. Helpful

If you read the thread, you would have known that 20 people DID pay - out of 57 people who applied.

A very wise person once told me, and I quote,

" Your income will be the average income of your 5 closest friends or aquaintences"

wow ... would I spend $2,700/month for this??????? .... Hell no, as I don't have it to through out such an amount month for month!

I wouldn't spend $2,700 on anything a month. Even if I had an extra $2,700 a month.

Hello No! I say quit giving money to these "guru's" and start spending it on campaigns.

No. I have learned most high end "experiences" just aren't worth it. Personally, too much TIME involved that I don't have where just getting to the point is one of the real wealth secrets...without info overload which can include this type of thing. It may be fine for some, but not for me.

I wouldn't pay that either. It is to much free stuff out here on the net that you can learn from. I've learn so much from forums, articles, and video tutorials on YouTube for free that it is ridiculous. Just search the net and you shall find.

Brandon

Just out of curiosity, does the membership fee include airfares to the meetings, accommodation, drinks etc?

I would!
I think this is a better investment than paying for University...

OMG, Found a way to get into this group for FREE!

You can see how here

On the down side - $2700 per month if you are not up to that level is a waste. It would be like teaching brain surgery to a first year medical student. You would take in maybe 10%. And the pressure to turn that investment into results would screw with your mind. You would have to be doing atleast 10k a month to be a viable investment.

On the upside - your income is said to be the average of the 5 people you hang out with the most. Who do you hang out with and to they challenge you to succeed?

Hahaha, if I was earning this amount per month I could consider myself almost retired! So nope, even thus it sounds appealing... lol

Well lets see... 2700 x 12 months = $32,400 in "tuition"

With the people in this Mastermind group... your business can (more than likely) produce 6 figures a year.

So even if you "bottom-out" at 100,000 a year, you've still made 67,000 in profits, which is on the low-end.

I don't think its a bad investment at all. But if you're struggling to make a living while paying 2700 a month, then that's not very bright.

HEEEELLLL NO!

this business is more about who you know than what you know...

getting to know the people who can put you on the map is never a waste of money

Yeah I would pay that amount..for sure. Like the old addage goes.."You get what you pay for"

Frank Kern is an absolute genius at direct response marketing and creating a message that creates huge loyal fans that buy anything that he tells them to buy. Frank even laughs when he talks about how he sends out emails and specifically tells people not to buy a product through his link. But they do anyway.

So yeah..if you can afford to spend that kind of coin to get face time with Frank Kern...then it's worth it!

Yeah sorry man, id have to say no aswell. Lower the price get some people down for you, then maybe up the price when you get some testimonials coming in.

This just proves that perople are willing to pay anything for value.

It would depend entirely on what percentage of my income $2,700 was. If it was a drop in the bucket, why not take the risk and see if it can supercharge earnings. However, if I had to dip into my savings just to afford it then the answer would be no. I think you first need to be enjoying reasonably good success in IM before going down this path. Once you've put the building blocks in place yourself then what they are trying to teach you will be just that much more easily understood.

I get so many emails from Frank I think he has a mancrush on me.
Anyone think he will knock a zero off the price for me?

Seriously go for it guys and in the future set up your own Mastermind
Groups.The more you give the more you get and that goes for more than
just gurus.

I think if you could afford to pay $2,700/month then you would have to already be in pretty good shape with your income and fail to see why you would pay that to earn more it's a huge amount of income. But then i'm not in the situation to be able to spend $2700/ month so maybe if I had the money I would. I've just started out on the web hoping to eventually quit my Job soon.

Hmm I wonder if this might be an attempt to create desire. I wonder if there will be a product coming out down the road.
Best of the Plastermind New Unrevealed Secret Conversations. Get yours for only a 1 time price of 1997 dollars. For those that can not get into the group or better yet a monthly
Cd for only 197 dollars a month.
j/k

The key.. is ..you don't know what you don't know..
I'm in this for business.. if you know that profit is inevitable.. then act..

otherwise.. it's guessing, gambling.. and not investing in the business..

S

Peter,

Absolutely!

In fact, the more you already make, the more you'll make given a mastermind.

Mastermind groups totally transformed my business.

Mark Robbins

I guess its a no for me. $2,700 seems like a lot of money to me. but if it really is such a good offer you think you can't resist it, and also if you have that spare amount of money to splurge on it, i would say you could give it a go.

For that amount you can get a REAL Bachelor's degree in internet marketing.

There are other ways to get on a guru's radar if you can afford almost 3
grand a month. Product an amazing product using that cash and offer the guru
of your choice a can't be turned down deal. That gets your foot in the door.
He still makes money and you have an awesome product.

It's a huge money. But if it would help me get started then I would certainly consider it. But before I take the plunge I have to assess my financial position. $2,700 a month is a lot of money for me.

I would pay 27k a month and would do everything in my power to add more value to the group. Something can not be quantified by instant income alone my relationship with Ruth has cost me way more than it has made me but I'm a better man for it.

I think having a fee and a high fee keeps out certain people only for cash reasons, but if you keep adding value to others hopefully one day you will be invited to a 100k a month group long as it fits you.

I wasn't going to post a response here but after reading can see that some trap themselves in a lack mentality.

Freedom comes from believe I have seen with my own eyes some one take their last and invest in themselves and it empowered them rapidly so much that they never have to look back.

While I also seen others with more resources squander it.

Faith destroys fear and the more you have of either the less you have of either.

I would also like to say who in here has a million dollars in positive mind set why not start a "free" million dollar a month master mind group, I'm game if you need any help holla!

More than willing to digg,stumble or tweet value into the world a team of 12 even newbies with a positive mindset could enhance the IM world starting now ;-)