MOTM #546: Should You Start an Online Membership?
Maestro on the Mic
English - January 18, 2024 09:00 - 31 minutes - 43 MB - ★★★★★ - 260 ratingsHealth & Fitness business health entrepreneur interview entrepreneurship finance selfhelp leadership success fitness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Should you start an online membership? No. No you should not. I say this as someone who actually *does* run one, but many membership models out there aren't all they're cracked up to be, and the dream of “effortless, passive income” isn’t real. Buuuut if you’re going to ignore me and start a membership anyways, […]
Should you start an online membership? No. No you should not. I say this as someone who actually *does* run one, but many membership models out there aren't all they're cracked up to be, and the dream of “effortless, passive income” isn’t real. Buuuut if you’re going to ignore me and start a membership anyways, here’s how I’d do it.
Let’s chat.
Welcome to Maestro on the Mic, a podcast that helps online business owners find their passion, generate more profit, and build a life that they love. I'm your host, Dr. Shanté Cofield, aka The Movement Maestro, and I’m stoked to have you here. I hope this podcast inspires you to make moves and do the thing. Action is the answer.
In This Episode You'll Hear:
Membership models are trash
Building the Mafia
The math is easy, the work is not
On-going solutions are hard to sell
Valuable deliverables
Facilitating community
Expect slow growth
Capping membership
Price it however you want
Links & Resources For This Episode:
MOTM #425: Practical Pricing Strategies for Online Business
Check out the transcript for this episode!
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