Manage episode 244542385 series 2355180
Some of you may remember me talking about my upcoming membership site, and how I was going to put it on hold for awhile. Well, I’ve found clarity, and Momentum will be launching in November. Tribe members and people who have listened to my episode with Stu McLaren know how valuable it is to be part of a membership site.
Today’s episode is special, because I’m going to be talking about my own membership site, and I want to share with you some of the lessons that I’ve learned. Up until a few months ago, I had reached a point where I was really stuck in the process of creating Momentum. Since then, I have learned so much. I have had so much insight and clarity, that I wanted to share what I’ve learned and the big lessons with you.
I think you'll get a lot of value from hearing about how we processed the information, how we went about putting things together, and if you do decide to create a membership site, you can walk away with these lessons already locked in. So, you my friend do not need to make the same mistakes that I made. Here are the five crucial lessons that I’ve learned so far.
- [06:48] The idea that I want to add so much new content. We want a community that is actively creating and launching courses. It's an extension of DCA to help implement the journey. We dive deeper into existing content to help implementation. We go from learning to doing.
- [12:17] Put a stake in the ground of who the membership site is for. By putting a stake in the ground, I had full clarity, because I knew exactly who I was doing this for. DCA alumni can grow with Momentum at a deep implementation level.
- [18:27] I've got to spend time with the content roadmap and revisit it. Each week something new happens. I follow the Tribe model. We have been talking about this for seven weeks. This is the first time I feel like I'm ahead of something. I have months to plan, so it feels good to revisit.
- [23:48] If it's not a hell yes, it's a hell no. I got to a point where it wasn't coming together, and it felt heavy. I wasn't excited about it, so I had to put it on hold. I couldn't get the content right, because I didn't know Momentum was just for my DCA alumni. Once I got clear on my ICA and got excited, I loved working on it.
- [26:53] I come from a place of always being a student. I purchased Tribe and went through it. Our master doc is created from everything we learned from the Tribe experience. We followed everything that Tribe teaches.
- [31:36] When Momentum launches, I can't wait to share the new things we learn and the tweaks we make. We can make it better every month. DCA students will get an invite when their 12 weeks are over.
This episode is sponsored by gravy. If you have a subscription model business or offer payment plans like I do for my online courses, you've got to listen up. One of my biggest frustrations was lost money due to failed payment plans. In fact, it used to keep me up at night. I would worry about all the people that were on a payment plan, because if they didn't finish that payment plan I was screwed.
That's when I decided I needed to do something about it, because I hated the worry. I started to work with gravy, and I promise you I never worry about payment plans anymore. Gravy sets up a system inside of your business where they contact your customers within hours of their failed payments, and they capture updated billing information and save the customer.
Our failed payment recovery rate increased from 33% to over 80%.That's a whole lot of saved payments. If your revenue is currently at $250,000 or more, and you know you're losing money due to failed payment plans each month, I want to encourage you to check out Gravy.
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