How to Create a 6-Figure Membership for your Business EP449
ProjectME with Tiffany Carter – Entrepreneurship & Millionaire Mindset
Tiffany Carter
4.9 • 1.9K Ratings
🗓️ 28 September 2022
⏱️ 26 minutes
🧾️ Download transcript
Summary
Determine if your business is ready for membership.
You may love the idea of reoccurring monthly revenue but aren't sure if you have a large enough audience to fill a membership.
In order to have a successful membership, you don't need hundreds or thousands of members. Some of the best clubs and support groups I've been a member of had less than 20 people in them.
Now, of course, if you're going to start by creating an intimate membership, your price point should be higher for this exclusivity, and for you to feel good about the time and energy being put into your members.
10 members X $100/month = $1000/month
10 members X $25/month = $250/month
While you may get more people willing to quickly join at $25/month versus $100, you will need far more people to reach a monthly revenue that feels good for your efforts.
Something else you need to consider is the amount of focused content/topics you will need to create for your membership. You want to make sure you pick something that you're extra passionate about teaching; otherwise, you will hit a burnout point after a few months. (same holds true for podcasting and blogging)
There are no rules, you get to create a membership in a way that your audience and ideal clients will be excited to join and stay. Equally as important, it needs to feel fun and easy for you!
Listen to this episode, where I break it all down for you and give some options for getting reoccurring revenue into your business right away.
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Welcome to ProjectME the Podcast with your host Tiffany Carter, who takes the mystery out of making BIG money. A former NBC and CBS TV journalist, turned multi-millionaire entrepreneur, teaching you all things wealth, health, worth, and business. You can follow Tiffany on Instagram @projectme_with_tiffany on Facebook @projectmewithtiffany and watch her TV episodes on ProjectME TV with Tiffany Carter on YouTube.
Subscribe to Tiffany's FREE weekly digest, The Secret Posse, and get exclusive content you won't find anywhere else: millionaire mindset exercises, custom weekly abundance affirmations, and her best money-making tips.
Transcript
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| 0:00.0 | If you're tired of hearing the same old basic mindset and motivational fluff talk, you've |
| 0:09.3 | come to the right show. |
| 0:11.0 | Welcome to Project Me with Tiffany Carter, the podcast where we dish on everything from |
| 0:15.4 | managing that crazy brand of yours to manifesting abundance to my straightforward, actionable |
| 0:21.3 | steps that will make you major money online. |
| 0:24.9 | Now I'm not your typical multi-millionaire entrepreneur. |
| 0:28.2 | It takes a small village to keep my anxiety and depression in check. |
| 0:32.7 | I'm inherently disorganized with an intense obsession with office supplies. |
| 0:37.6 | Your girl here is a digital marketing content expert who's generated over $200 million |
| 0:43.6 | in sales. |
| 0:44.6 | I promise by tuning in twice a week, you will get a much needed refreshing dose of truth, |
| 0:50.2 | clarity and cash making advice. |
| 0:52.4 | Now let's get to it. |
| 0:58.4 | What up my people, my posse, my fellow crazies. |
| 1:01.4 | I'm your host Tiffany Carter and let's start today with a declaration for fall. |
| 1:07.2 | I shared this inside my secret posse weekly digest, which if you're not a part of that, |
| 1:12.7 | it's free. |
| 1:13.7 | The content's exclusive and I give you weekly custom affirmations, excerpts from my |
| 1:19.3 | own journal entries that I feel will really bring up stuff for you so you can process |
| 1:25.5 | so you feel less alone in it, you feel less stuck, less weird because you're not any |
| 1:32.5 | more, well, maybe you are more weird than me. |
| 1:35.4 | But there's nothing worse in feeling like you're alone in life and everyone else is |
... |
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