The Ugly Underbelly of Mastermind and High End Coaching Programs

Corporate Fugitive Sherri Garrity recently decided it’d be a good idea to blow the lid off some of the “Mastermind” programs out there — ones which I’d call a scam. I find it hard to believe that people would charge (or pay!) $20,000 a year for a mentorship program that doesn’t provide regular one-on-one mentoring (read: no individualized input), especially one that consists largely of flogging other programs which cost even more money. Excuse me? As a small businessperson, you can buy a fair bit of consulting for $20 grand, and I’m sure it’d go a lot farther in filling in your knowledge gaps. Seems a heck of a better idea than joining some shady MLM scheme. Anyway, Sherri writes,

The Ingredients of Innovation

I enjoyed a recent post on Wally Bock’s Three Star Leadership Blog about innovation — Wally contends that ideas are easy, but innovation requires work. He quotes Robert Tucker, who said: “Anyone who has ever taken a shower has had a good idea.” He may be right… I had a great idea in the shower today too… and a good strategic one at that. The ground he covers from there is to illustrate how some ideas die on the table, and others get killed.