Hi I’m Oli 👋 I run several paid Communities on Skool that make around $800k /month collectively. Today, I’m sharing with you how to fill, sell, operate and retain a successful Mastermind Group. In this post I’ll be covering: - How to fill a Mastermind Community - Captaining your group and managing Mastermind Operations - Protecting your recurring revenue with a Retention Playbook To illustrate I’ll be spotlighting one of my Communities called NextLevel Scale™. Quick context about this particular Mastermind and Me… I started this Community about 5 years ago back in 2018. Primarily to help other info Business Owners who are scaling to 7 and and 8 figures with their own Masterminds, Group Coaching Programs, Memberships and Online Courses. The investment has risen each year, but currently stands at $48k for 12-months Membership. Right now we have 50 active members which contributes to around $2.4 million in annual recurring revenue. My role is to lead and facilitate the group with a Team that comprises of one full time Coach and a part time assistant. But I didn’t start here. My journey goes back over the past 20 years of being in the info business. Since then I’ve ran virtually every kind of model you can imagine: Full Format Franchising, Online Memberships, Area Exclusive Licensing, Online Courses + Digital Products, In-person training centre, Group Coaching Programs, a National Association, Home study courses, Marketing Agency, Publishing Partners, Live Events, Equity based Consulting, Retreats, Private Consulting, Certification programs, Printed Monthly Newsletter Subscriptions… …and obviously Masterminds Groups. The high ticket Mastermind Community model is hard to beat. It’s almost like “alchemy“, and the timing to grow your own Community like mine is especially fortuitous right now. My goal here is to summarize the lessons I've learned, share what has worked, and what to avoid. Fair warning: this post will likely be long, so be sure to bookmark it now in your browser to refer back to later.
Skool has blown my mind. I have had Facebook Groups for my programs since 2017 and they don't even compare. And I only started with Skool about 75 days ago (February 27th 2023). My group already has (3) Level 8 people and it's become the #1 group in my niche absolutely. I almost didn't join Skool. The reason? "I already have everything setup and don't feel like changing it." What changed my mind? The SIMPLICITY and RESULTS I kept seeing from Skool success stories. So... I tried it out and an extra $50,000 a month in results and making my life more simple has been the result. Pretty solid I think. Glad I went for it rather than listen to my ego. @Nick Hauser asked me to share the things that have been successful in creating such a Skool group (here is the link to my Skool if you want to look to see how I'm doing it: https://manifestwithscott.com/group). ➡️ How I'm Using Skool: I have a free "Manifestation / Personal Development" Skool group (1,600 people in it right now) and convert the members into my paid "Manifestation Mentoring Program" Skool group. My Strategy: Have everyone become engaging friends sharing what they learn from our content. And if they want more, enroll into our programs. I have been trying to keep it super simple. Here are a few elements of the Strategy: (a) The type of posts I do that have been SUPER successful are NOT me posting value. But rather posts where members engage with each other. Examples: "What are your unique talents / skills?" "What time zone are you in? Accountability buddy?" These have been super engaging because members learn about each other. I text / email my list about these posts, so they get more than 1 notification of the post. That has been helpful in creating a lot of engagement. (b) And I partner these with action-based content. Examples of those: "3 Day Money Challenge! Are you in?" "Watch this video of 'The Law of Attraction Explained' every day for 30 days straight"
We've got a SICK Black Friday deal for you... - Skool 1-year subscription (usually $1,200) - Wetube self-study course (usually $9,800) - Total: $11,000 This Black Friday - get both for $999. That's $10,000 in real savings. A true 91% discount. Interested? Join the waitlist here to be notified the moment it goes live. 🔥🔥🔥
@Roger Garcia is there any kind of notification from your bank that has been sent via email? If not, is there any kind of notification within your online banking that you can click to lift the block on your account/card? If not, is there another card you can try to use?
From my post yesterday, here is a video explaining my strategy on how I started profiting $50,000+ extra per month from my new Skool group in 75 days. Hope this helps! Again feel free to actually join my group so you can scroll the particular posts I'm talking about in the video: https://manifestwithscott.com/group That way you can see the engagement in real time that I'm talking about. @Nick Hauser