How to Increase Prices and Grow Your Community!
Flipped Lifestyle™ Podcast
Shane Sams
4.9 • 575 Ratings
🗓️ 12 March 2024
⏱️ 34 minutes
🧾️ Download transcript
Summary
Want to know more about creating product tiers in your membership community?
In this episode, we will discuss this strategy with our our Flip Your Life guest member, Joe Muench.
Joe is a pharmacist who works in a hospital's intensive care unit, and has been practicing since 2000. His wife Daphne is an elementary reading teacher and supports him in his online business through brainstorming and doing all the editing.
They spent the first year building their audience with their podcast, but didn't have a product yet. At the end of the first year, he wrote a book, called "A Pharmacist's Guide to Inpatient Medical Emergencies" to teach hospital pharmacists and residents what to do during a "code blue" in the hospital.
Joe pre-sold and then launched the beta version of his critical care pharmacy academy – intended as a recurring membership site. The membership successfully launched and has garnered him over 90 members to date.
Joe and Daphne are wanting to flip their lives by growing their online academy, so they can have the flexibility to spend more quality time with their two kids.
Join us as we help Joe decide how to deliver different product levels in order to get more people onboard. We will share our insight on the advantages of using pricing strategies and get a deeper understanding on customer lifetime value.
We would love to have you as a member of The Flipped Lifestyle Community! We believe you have God-given talents and experiences you can use to start an online business! All you need is 100 people to pay you $50/m online to make $5,000/m, $60,000/y! Let us help you start a membership of your own. Click here to learn more: https://flippedlifestyle.com
Transcript
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| 0:00.0 | Hey, y'all. On today's podcast, we help Joe take his Pharmacist's Academy business to the next level. |
| 0:06.1 | Welcome to the Flip Lifestyle podcast, where life always comes to forward. |
| 0:11.9 | We're your host, Shane and Jocelyn Sam. |
| 0:15.8 | We're a real family that figured out how to make our entire living online. |
| 0:20.7 | And now we help other families do |
| 0:22.7 | the same. Are you ready to flip your life? All right. Let's get started. What's going on, |
| 0:29.6 | everybody? Welcome back to the Flip Lifestyle podcast. It is great to be back with you again this |
| 0:34.8 | week. For those of you who are new to the Flip Lifestyle podcast, welcome. |
| 0:38.4 | This is the place where we help you figure out what to do next in your online business. |
| 0:43.6 | We are not your typical online business podcast. We do not do expert interviews or bring on a list |
| 0:48.8 | guests who are promoting their latest book or course. We bring on real members of our Flip Your |
| 0:53.6 | Life community, real people building |
| 0:55.4 | real online businesses, and we help them on the air take their business to the next level. |
| 1:00.5 | And then we let you guys listen in so that you can take your online business to the next level as |
| 1:05.1 | well. All right, guys, we're excited to welcome Joe Minch to the show today. Joe, welcome to the |
| 1:09.4 | program. Hi, Shane. Hi, Jocelyn. Thanks for having me. Hi. We're excited to talk to you today. You have a really fascinating business that we're looking forward to diving into. And Joe is also one of our private mastermind members. So this will be a little bit longer podcast than normal because we're going to dive deep into his business and we're going to get into some higher level stuff. So Joe, man, tell everybody a little bit about you and what you do online. |
| 1:32.4 | Sure. I am a pharmacist. My job is in an intensive care unit in a hospital. Everyone there |
| 1:38.6 | knows me by pharmacy, Joe. I've been practicing since about 2000. My wife Daphne is an elementary reading teacher, |
| 1:46.8 | and she is my biggest supporter, even though she can't pronounce the medication names. |
| 1:52.7 | And we both work full-time in addition to our business. And what I do is I have a podcast |
| 1:58.8 | where I share critical care pharmacy information for other |
| 2:02.9 | pharmacists. And then I have a membership academy where I train pharmacists and build a community |
... |
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