Business idea · Education
Personal Coaching Mastermind Groups
Personal Coaching Mastermind Groups is a coaching service that organizes small groups of individuals seeking personal and professional development, allowing them to share experiences and learn from one another under the guidance of a coach. It was pitched on My First Million in the episode "Ex-Amazon VP tells us what it’s really like working with Jeff Bezos" (aired October 28, 2026).
At a glance
| Podcast | My First Million |
|---|---|
| Hosted by | Sam Parr and Shaan Puri |
| Episode | Ex-Amazon VP tells us what it’s really like working with Jeff Bezos |
| Aired | October 28, 2026 |
| Category | Education |
| Real companies on the episode | Prometheus, Tony Robbins, HubSpot, Amazon, Twitch, Hampton |
The problem it solves
Individuals often feel isolated in their personal growth journeys and lack structured support to help them achieve their goals.
How it makes money
Membership or tiered pricing for access to group coaching sessions and resources.
Skills you need
Coaching, group facilitation, curriculum development, and interpersonal skills.
The market, and why this works now
Most people assume personal coaching is a solo endeavor, but group dynamics can significantly enhance individual growth. Platforms like Meetup provide a way to gather interested participants in local areas, creating an immediate revenue opportunity through ticket sales for initial group sessions. A major constraint will be the time required to establish trust and rapport among group members, which can slow down the pace of growth and retention in the first year.
Our analysis, written after the episode. Not a quote from the show.
Real companies discussed on this episode
- Prometheus
Prometheus aims to develop artificial intelligence specialized for engineering purposes, focusing on building and manufacturing solutions.
- Tony Robbins
Tony Robbins is a motivational speaker and author known for his self-help seminars and coaching.
- HubSpot
HubSpot is a developer and marketer of software products for inbound marketing, sales, and customer service.
- Amazon
Amazon is a multinational technology company focusing on e-commerce, cloud computing, digital streaming, and artificial intelligence.
- Twitch
Twitch is a live streaming platform primarily focused on video game streaming, where users can watch and interact with gamers and streamers in real-time.
- Hampton
Hampton is a community for entrepreneurs with a focus on providing support and resources to help founders achieve business success.
Where this idea came from
Podcast: My First Million, hosted by Sam Parr and Shaan Puri
Episode: Ex-Amazon VP tells us what it’s really like working with Jeff Bezos
Aired:
Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.