What They Do
Masterclass is a streaming platform that makes it possible for anyone to watch or listen to hundreds of video lessons taught by 150+ of the world’s leaders and innovators.
Mastermind is an online platform that allows course creators, consultants and coaches to create online courses, workshops or masterminds so they can share their knowledge with the world.
What You Get
A big difference between Masterclass and Mastermind is the outcome of the service. With Masterclass, you pay a fee to access video lessons.
With Mastermind, YOU are the course creator delivering video lessons. So while Masterclass is a monthly cost, Mastermind is an investment that you can earn back with the sales you make from your course or workshop.
The Mastermind free trial gives new members 14 full days to try things out for free.
Masterclass does not have a free trial period.
Having a free trial means members can get in and see what the software and community are like before committing to a payment schedule…
So with Mastermind, you get a 14 day test drive free of charge. With Masterclass, you must pay to access content.
After your free trial, Mastermind rolls into automatic monthly payments of $47.
Masterclass pricing varies based on the number of users streaming. There is the Individual Plan (1 account, 1 device) that includes one annual payment of $180 to access services.
And then there is the Duo Plan (1 account, 2 devices) that costs $240 per year and finally the Family Plan (1 account, 6 devices) that costs $276 per year.
Both Mastermind and Masterclass deliver new content on a monthly basis.
The difference is in the type of content being shared. Mastermind is focused on helping course creators get started and scale their knowledge business. So the mini courses delivered each month aim to build momentum and accelerate your success.
Masterclass courses connect students to instructors within different teaching categories.
So while Mastermind course content helps sellers grow success, Masterclass helps buyers connect with their interests.
To reward action takers for their commitment to Mastermind, new members will receive multiple free bonuses immediately after signing up. Bonuses include:
- 30 Day Launch Blueprint Training
- Belief Busting Workshop With Tony Robbins
- Members Only Training 2x A Week With Dean Graziosi & Mastermind Coaches
- Monthly Mentoring In The Mastermind Inner Circle Plus All Past Trainings
- Closed-Door Group Coaching Call
- Invitation To Our Private Facebook Group
- Private “Communication Secrets” Masterclass
Aside from its primary streaming service, Masterclass mentions no additional free bonuses on their website.
Masterclass support is made up of an online team to answer questions and provide feedback.
Mastermind also has a customer support team available to answer any questions that come up throughout your journey. But Mastermind takes it one step further…
And Mastermind members will also have access to LIVE interactive trainings with our co-founder Dean and master coaches on a weekly and monthly basis to build momentum and provide answers to questions you didn’t even know you should be asking!
With Masterclass, course sessions are available virtually and can be downloaded in the Duo Plan and up. There is no mention of an interactive element on their website.
Mastermind connects its members in a private Facebook group for ongoing support and encouragement. The Mastermind team has spent years building a family environment through live coaching sessions, where members can interact with one another and the team of coaches on a weekly and monthly basis.
Masterclass does not mention a digital community to connect all users in its list of services.
Who They Serve
Mastermind is an “all in one” digital platform for course creators, coaches and consultants to sell what they know successfully and effectively.
Masterclass is a streaming service for students to watch virtual sessions from industry experts and leaders.
Mastermind is an outlet for buyers to sell, and Masterclass is an outlet for students to buy.
Masterclass and Mastermind both work to connect students to knowledge-based digital products.
But these two are fundamentally different services. Both are meant to connect students with teachers… but Mastermind is focused not just on sharing information online, but on helping creators get started, scale and make sales.
*Analysis created based on Masterclass public pricing breakdown
Comparison analysis conducted by the Mastermind team