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MOTM #546: Should You Start an Online Membership?

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Manage episode 396046015 series 2398560
Content provided by Dr. C. Shante Cofield, The Movement Maestro, Dr. C. Shante Cofield, and The Movement Maestro. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dr. C. Shante Cofield, The Movement Maestro, Dr. C. Shante Cofield, and The Movement Maestro or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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!

Catch me on the socials: Instagram | YouTube | Threads | TikTok | Facebook

  continue reading

402 episodes

Artwork
iconShare
 
Manage episode 396046015 series 2398560
Content provided by Dr. C. Shante Cofield, The Movement Maestro, Dr. C. Shante Cofield, and The Movement Maestro. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dr. C. Shante Cofield, The Movement Maestro, Dr. C. Shante Cofield, and The Movement Maestro or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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!

Catch me on the socials: Instagram | YouTube | Threads | TikTok | Facebook

  continue reading

402 episodes

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