[SteveGerencser]

Agreed. Top CEOs at "top" companies tend to be outliers anyway, so basing how you grow your business on those few unicorns is never a great idea to begin with. A solid mastermind group can to wonders for nearly everyone else. They can take beginning business owners and make them better business owners and offer support for struggling, or even not struggling, business owners.

This strikes me as another one of the many, I didn't do this thing so you don't need to do it either articles.

[AlexandrB]

The idea of a community of people facing similar struggles and problems meeting to help each other perform better doesn't seem that outrageous. But paying thousands of dollars to some guru for the privilege does.

I think this kind of thing used to happen "organically" on the golf course or at the country club. But at least there you get a round of golf for your money, not just the privilege of being in the same room.

[vorpalhex]

Choosing to spend money instead of spending time, when your time is worth a lot of money, is entirely reasonable.

[KyleBerezin]

The book "Good to Great" was based on this idea. I understand I am in a minority opinion here, and may be wrong, but a large portion of that book seemed based on that one fallacy.