Episode 23: Creating Monthly Recurring Revenue through Memberships w/John Jurica

SHOW NOTES:

This week one of my favorite guests, Next Level Physician Entrepreneur and Physician Non-Clinical Career Expert Dr. John Jurica returns, and he and I take the conversation to another level as we converse about Creating Monthly Recurring Revenue through Memberships.

Highlights from the conversation:

The book that opened my mind to memberships “The Automatic Customer” blew my mind about what you can create memberships around
While package based services (like consulting and coaching) can be profitable, memberships allow for consistency through monthly recurring revenue
There are ups and downs of converting from course or coaching fee for service/product model to membership model.
Even though you are making the same amount of revenue at first, it seems that monthly income goes down. That’s because it’s spread over time
Membership requires continued addition of content, however we don’t often realize how much content we are ACTUALLY producing that has value.
Once the membership builds up, the consistent revenue can help bridge the gap through slow periods.
Pricing: Perceived value is everything. Think about the transformation on the other side of the consumed and applied content to really get the value of the transformation provided.
Webinars are a great (and fun) way to launch and continually promote membership
Dr. Jurica’s newly launched membership and what it entails!

Learn about Dr. Jurica’s Physician Non-Clinical Career Academy by visiting her/him at http://www.nonclinicalcareeracademy.com

Get the Next Level Podcast Discount when you join the membership by using the code: NEXTLEVEL

You can also follow Dr. Jurica on social media at:

Follow his FB Page: https://www.facebook.com/johnvjurica/

Instagram IG/Johnvjurica

Twitter: @johnjurica2

And

Join his Facebook group: Physician Nonclinical Career Hunters

Finally, listen to his podcast Physician Non-Clinical Careers

See you on the next one!

Hosted by: Dr. Maiysha Clairborne

Looking for a Coach or Mastermind to Join? Ready to Take Your Career, Business, and Life to the Next Level? If you want to Learn more about Dr. Maiysha's coaching, courses, and masterminds. Visit www.DrMaiysha.com. Choose from of our Free Mini Online Masterclasses on Mindset Mastery, Manifestation, and Next Level Entrepreneurship Right on the Home page to start your journey now.