ASK ALICE: WHAT A GREAT CRYPTO/BLOCKCHAIN MASTERMIND IS….AND HOW YOU CAN COME WITH ME TO ONE IN ANTARCTICA
Good masterminds are everywhere, but great ones are few. To discern which ones are the best, you must: 1) ask for the list of speakers, 2) research percentages of people who signed up, and 3) find the participants who attended previously. Sometimes you don’t get these answers….but the financial risk is worth it. I took mine, when I signed up for Nik Halik’s cryptocurrency mastermind (http://www.adventureodyssey.com/
) which takes place December 13-23rd
, in Antarctica.
Ask for the speaker list:
The speaker list is SUPER IMPORTANT for any mastermind. Typically, the well sought-after speakers charge tens of thousands of dollars per day to make a conference appearance. For example, Kevin Harrington the Original Shark from Shark Tank, charges $50,000 and Les Brown the motivational speaker offers a comparable rate. Now, image when the two attend a mastermind for 2–3 days? What would their fee be? Masterminds are the next version of intimate conferences. Organizers reveal the speaker list only after you sign up with last minute event details few weeks prior to the conference.
Research the percentage of people who sign up:
This one is tricky. Naturally, people are inclined to attend large conferences for the perceived value of large crowds. I recently participated in the Blockchain Nation Conference in Miami that was advertised to have 3,000 attendees. When roughly 10% showed up, I was concerned that the value of the conference would go down. But, in fact, of the 300 or so participants many were quality folks with whom I had the pleasure of engaging in great conversations — including Frank Abagnale whose life inspired Steven Spielberg to produce the film Catch Me If You Can.
Typically, if the conference is good or well advertised tickets sell out weeks if not months in advance. Its like for any music concert — I remember when Madonna advertised her conference in Rome during one of her tours….there were rumors she would hang herself on the cross, tickets sold quickly and low and behold, she hung herself on a cross. My rule of thumb is, don’t become discouraged by a low turn out. You never know what magic will come from a small conference.
Find the participants who attended previously:
Conference hopping or jet-setting in the blockchain industry is quite niche. The technology of blockchain is new, investors are curious, and the majority of them are not yet ready to invest. It’s important to warm them up to the idea, the potential of a blockchain-inspired future. After a while you run into the same investors, founders, attorneys, etc. They share their stories, and many more introductions come out of such engagements. Look at Restart Week in Puerto Rico or the many blockchain weeks that take place in NYC, Miami, and San Francisco.