255: The Magic Power Of Recurring Revenue

She Means Business Show

Carrie Green

Womenledbusiness, Femaleceo, Entrepreneurship, Womanceo, Business, Femaleentrepreneur, Businesswomen, Womeninbusiness, Marketing, Womenentrepreneur, Womanentrepreneur

4.9 • 628 Ratings

🗓️ 2 April 2024

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

If you’ve ever felt trapped in a feast and famine cycle with your income, worried about when you’re going to make your next sale or how you’re going to get your next client, then you have to listen to this chat I had with the one and only Stu McLaren.

Stu is at the top of the game when it comes to all things memberships and recurring revenue - he’s helped thousands of entrepreneurs to start successful memberships.

He even helped me back in the day to grow my Members’ Club from 1000 to 3000 members.

He always shares the most incredible knowledge, and this episode is full of the best tips! Tune in to learn about:

The power of recurring revenue and how to get started with it.
My feast and famine income struggle before I built my membership.
The problem most business owners face when depending on one income stream.
The secrets behind the most successful membership owners.
Stu’s top tips for getting started with your membership.
Why courses and memberships go hand-in-hand together.

If you need more help starting your membership, then definitely join Stu’s free workshop here: https://mo311.isrefer.com/go/workshop/cgreen/

Transcript

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0:00.0	It is super specific, teaching people how to draw realistic animals using colored pencils.
0:07.0	Can we really build a business going after like a super niche like that?
0:11.0	And the answer to that is yes, that's the power of the internet.
0:13.0	And the more specific you are, the easier it is for you to attract your people.
0:21.7	Hello, hello. I am so excited that you are here for this episode of the She
0:26.0	She Meeds Business Show because I am talking about something that comes up so much.
0:30.4	And that is how to build a membership, how to generate recurring revenue. And I am joined by
0:35.3	the one and only Stu McClaren to talk about this, which is so exciting. Steve, thank you so much for joining me. Well, I am joined by the one and only Stu McLaren to talk about this,
0:37.8	which is so exciting.
0:38.8	Stu, thank you so much for joining me.
0:40.5	Well, I am thrilled to be here.
0:41.9	We were just chatting before we hit the record button that, Carrie, this is like the year
0:46.8	number 10 that we have known each other.
0:48.5	Isn't that crazy?
0:49.2	It is so crazy.
0:50.8	And I just feel like it's been such a wild adventure over the these past 10 years of actually
0:56.5	me building a membership and obviously you've built like and helped people built my god so many
1:01.4	memberships um and yeah it's just one it just time goes by so fast though um it does yeah but and think
1:09.2	to think though that like in this whole 10 years I still have my membership and it still does really, really well.
1:14.0	I was just about to take a moment and acknowledge you for that because when we first met, we met because you had questions about like growing your membership.
1:23.2	You had already launched it. You didn't have all the answers, but you figured out how to at least get it
1:27.6	going. And that was a huge, you know, boost to you. And by the way, like, that's just what an entrepreneur
	...

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