Joshua Fraser paid $25,000 to join the Thrive Make Money Matter mastermind and got introduced to Grant Cardone and Tai Lopez. He warns that many high-ticket masterminds pressure members into investing in the host's ventures after charging $30-$100k upfront.
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Masterminds. This is something I am a big fan of, but at the same time, I want you to be very, very careful of. So the first mastermind I ever joined was Thrive Make Money Matter with Cole Hatter. And I literally put 25 grand down. I had never spent that much money on myself in my life, but Cole and I ended up becoming very good friends. He put me on a lot of stages. He introduced me to people like Grant Cardone, Tai Lopez. So many people he's introduced me to that I've had the pleasure of spending time with and learning from. Now, I will throw out a word of caution that there are some masterminds out there. They also have a pitch on the back end of them. So it's like you'll pay 30 to 50 to 100 grand to go and join them, and then within that, whenever they throw their big fancy events for you, they're going to try and raise money for some business. I would be very, very careful with that. You usually have your guard a little bit further down because you've already paid this person a pretty serious sum of money to invest in the Mastermind. But you're there to network and meet cool people and see if there's more business opportunities for you. So just a word of caution there.