Business idea · Education
CEO Mastermind Groups
CEO Mastermind Groups is a networking platform where business owners with established companies can join exclusive mastermind groups to share insights, experiences, and strategies for growth. It was pitched on My First Million in the episode "I talk to Ben about creating luck, his barbell method, plus 6 half-baked business ideas" (aired June 23, 2025).
At a glance
| Podcast | My First Million |
|---|---|
| Hosted by | Sam Parr and Shaan Puri |
| Episode | I talk to Ben about creating luck, his barbell method, plus 6 half-baked business ideas |
| Aired | June 23, 2025 |
| Category | Education |
| Real companies on the episode | ClubLTV, Moku, Hoop Group, K Academy, My First Million (MFM), Whatnot |
The problem it solves
It solves the challenge of isolation for entrepreneurs, providing them with a support system and access to collective knowledge and resources.
How it makes money
Membership fees for access to mastermind groups, potentially tiered based on revenue or business size.
Skills you need
Facilitation, networking, group dynamics, and business strategy.
The market, and why this works now
The rise of remote collaboration tools like Zoom and Slack has created an environment where entrepreneurs can connect without geographical limitations. Launching the mastermind groups through platforms like LinkedIn Groups can facilitate initial engagement and networking among potential members. A key risk to consider is the dependency on these platforms for member acquisition and retention, as any changes in their policies or algorithms could impact visibility and access to target audiences.
Our analysis, written after the episode. Not a quote from the show.
Real companies discussed on this episode
- ClubLTV
A group created to connect e-commerce business owners for sharing insights and strategies.
- Moku
Moku is an AI-powered tool that automates the transfer of data from documents into PDFs, streamlining the process of creating professional documents.
- Hoop Group
A basketball camp that gathers ambitious founders to play basketball and network.
- K Academy
A basketball fantasy camp hosted by Coach K for individuals aged 35 and older, combining sports with networking opportunities.
- My First Million (MFM)
A podcast focused on entrepreneurship and business ideas, sharing insights and strategies from successful entrepreneurs.
- Whatnot
Whatnot is a live shopping platform where users can buy collectibles through live video streams, allowing sellers to showcase items in real-time.
Where this idea came from
Podcast: My First Million, hosted by Sam Parr and Shaan Puri
Episode: I talk to Ben about creating luck, his barbell method, plus 6 half-baked business ideas
Aired:
Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.