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The Amy Porterfield Show

#285: 5 Crucial Lessons Learned From Creating My First Membership Experience

The Amy Porterfield Show

Amy Porterfield

Entrepreneurship, Business, Marketing

4.95K Ratings

🗓️ 17 October 2019

⏱️ 37 minutes

🧾️ Download transcript

Summary

Enjoy a free gift from me! I’ve created a free 3-month plug-and-play content calendar template so that mapping out your upcoming content can be breezy - and dare I say - fun?! You’ll love this template because it allows you to seamlessly plan out your weekly AND social media content. Click here to snag your free 3-month plug-and-play content calendar template.  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.  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. Subscribe & Review in iTunes Are you subscribed to my podcast? If you’re not, I want to encourage you to do that today. I don’t want you to miss an episode. I’m adding a bunch of bonus episodes to the mix and if you’re not subscribed there’s a good chance you’ll miss out on those. Click here to subscribe in iTunes! Now if you’re feeling extra loving, I’d be really grateful if you left me a review over on iTunes, too. Those reviews help other people find my podcast and they’re also fun for me to go in an read. Just click here to review, select “Ratings and Reviews” and “Write a Review” and let me know what your favorite part of the podcast is. Thank you! Links mentioned in this episode: All About Membership Sites: Your Top 10 Burning Questions with Stu McLaren Gravy Tribe

Transcript

Click on a timestamp to play from that location

0:00.0

Raise your hand if you are ready to level up your business in 2023.

0:06.0

You're over the fluffy strategies and you're ready for tangible ones that actually get you results.

0:13.1

And you love tuning into my podcast, but you aren't sure which episodes you should focus on

0:19.0

after all, there are over 500 to choose from.

0:22.5

Well, I hope you have your hand raised right this minute because I have something special for you.

0:27.6

I'm introducing my brand new four question online marketing made easy quiz that's going to give you

0:34.8

a personalized playlist to catapult you into the next stage of your business journey.

0:40.8

That means you'll receive 10 episodes tailored to exactly where you are right now on your entrepreneurial

0:48.1

journey. Whether you're just starting now or you're already well into building your dream

0:52.6

business or you're ready to scale, I've got a playlist for you.

0:56.8

Your personalized playlist will also come with snackable nuggets of wisdom to get you into action

1:02.1

and a little message of encouragement from yours truly. If you've got just 45 seconds,

1:08.5

head to amyporterfield.com forward slash playlist and you could take my brand new quiz and get your

1:14.8

results in personalized playlist delivered right to your email address. That's amyporterfield.com

1:21.5

forward slash playlist. Hey there, amyporterfield here. Welcome to another episode of the online

1:29.1

marketing made easy podcast. Today, we are talking membership sites and specifically, I'm going to

1:36.1

take you behind the scenes of my own upcoming membership site momentum. Now, the reason why I wanted

1:44.0

to do this episode is holy cow. I have had so many learnings, lessons, mistakes and missteps along

1:52.4

the way to launching momentum. And I have just really had so much clarity and insight over the last

2:02.3

few months. At the time at this recording, we still have a few months before we launch. So truth be

2:08.2

told, I'll probably have even more learnings along the way and I'll definitely be sharing those

2:13.9

on the podcast as we get going. But at this point, I decided I was ready to share with you some

...

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