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.

I want to know.

We're working on subscription billing, and we need a few creators for the private beta. Interested? Give me a money GIF in the comments below if you want subscription billing.

When Skool releases the subscription billing option, will it only be to sell subscriptions or one-time purchases too? I'm currently having to link together multiple software since community is on Skool and product is hosted on Gumroad

Hey guys I really don’t get it.. When MY leads sign up to my Skool Group they have to enter their email addresses to create a Skool account. WHY aren’t those emails accessible to me, as the ‘owner’ of this lead, just like that? To my leads Skool is just an ‘engine’ , the inderlying platform, like Clickfunnels, powering my community in the background. Btw asking them AGAIN for their email in the signup questions is totally redundant - seen from the lead’s perspective. “Why am I asked my email again?” In fact, same with the SK thumbnail in the iphone app. My leads and customers are looking for the brand they signed up to - which is not Skool. Let me know if the above makes sense? Thanks!

Imagine making a calendar event only accessible to members at level 6. Is this something you want?

We think "Courses" is more intuitive. What do you think?

IM PUTTING THIS OUT AS AN ACCOUNTABILITY POST! MARK MY WORDS ON THIS.. We will make $500K/mo in the next 3-6 months or less with Skool ONLY.. At the moment we're doing $600K-$700K/mo with AppointmentSetterCom using IG/FB only but it's a total mess.. Everything is scattered among different platforms with our marketing strategies. Me and my lady who is also my business partner in this company are going to do 2 cool things over the next 7-14 days. We're going to build two low ticket courses, one for our B2C and one for our B2B. Here are my goals that I KNOW we will achieve in the next 3-6 months or less. 1. Make $500K/mo with our low ticket offer strategy for our B2C & B2B ON SKOOL ONLY.. 2. Make $10K/mo as a Skool Affiliate as we move fully onto the platform for marketing now too I'm already invested multi 6 figures into Skool and my next step is to also now truly use it as marketing platform for our companies because it fits so perfectly into what we're already doing. In the past we've already achieved these figures but then we used a Facebook Group where our DMs would go to spam, the course was on another platform and it was all scattered.. Now on Skool you'd land in primary, your emails land in primary, you can DM people WHILE they watch the course.. So we're now going to be building our LTOs and launch in the next 1-2 weeks. I'm grateful to be a part of this community and I'll be breaking down A to Z how we'll have achieved this goal once we've hit it in this community and using Skool ONLY. For now, this is just a post to hold myself accountable and use it as a future case study too for people who are on the fence of using Skool. Let's GO!

We made $50,000 last month using 2 Skool communities but... Do YOU need 2 communities? Maybe not. Let's find out: I just made a video going into depth on why we decided to use 2 communities, and why it makes sense for us from a profit perspective using our client acquisition method, however... Every business is unique... So you should ask yourself: • Am I using appointment setters? If so, 2 communities might be best. • Do I want to treat my prospects differently than my paying clients? If so, 2 communities might be best. • Am I okay with mixing paying members and free members together? If so, 1 community may be fine for you. Watch the vid below for more info to help you decide if 1 or 2 communities is best for you. Ted ✌🏼 P.S. Want 1 on 1 help setting up your Skool community (at no charge)? Send me a DM with the word "SKOOL" & I'll set yours up with you for free so it's set up like mine.

Hey guys, Is there a way for us to get this, as shown on the image below but with a custom CTA? Would be dope!!

(And How This Affects Facebook Groups/Communities In The Future) I've had some incredible conversations lately. Conversations concerning how to BUILD, SCALE and (perhaps) SELL businesses... while minimizing stress, burnout and getting a work-life balance that you can actually call that. Here are 3 core lessons that have made that light bulb go off for me& why MRR is going to be the focus of everything we focus on going forwards in this group. 𝗟𝗘𝗦𝗦𝗢𝗡 𝗡𝗨𝗠𝗕𝗘𝗥 𝟭: ➕𝗔𝗖𝗤𝗨𝗦𝗜𝗧𝗜𝗢𝗡 + ⭕ 𝗥𝗘𝗧𝗘𝗡𝗧𝗜𝗢𝗡 = 🚀𝗚𝗥𝗢𝗪𝗧𝗛 It's very simple. Step 1: Get a client (on a monthly payment) Step 2: Keep a client for as long as possible Step 3: Repeat steps 1 & 2 for as many clients as possible Let's look at this and how it works. Let's assume you have a high ticket model that has a fee of $2.5k/m & you get just 3 clients a month for 6 months. - Month 1 = $7.5k - Month 2 = $15k - Month 3 = $22.5k - Month 4 = $30k - Month 5 = $37.5k - Month 6 = $45k That's THREE clients a month taking you to $45k/m in cash collected at month 6. 3 closes come from 10 sales calls a month if your calls are actually qualified and you've got a reasonable sales process that has you closing 30% of calls. That's 2.5 sales calls A WEEK. Easily something you can do while growing as a solo biz owner, and even easier when it comes to hiring. Compare that to the $5k one-off programs, where you'd need to take on 9 new clients a month. Closing 30% that's 27 calls a month. Not to mention the fulfillment headache on the back-end. Been there. Done that. Never again. 𝗟𝗘𝗦𝗦𝗢𝗡 𝗡𝗨𝗠𝗕𝗘𝗥 𝟮. 𝗣𝗥𝗘𝗗𝗜𝗖𝗧𝗔𝗕𝗟𝗘 𝗖𝗔𝗦𝗛 𝗙𝗟𝗢𝗪 = 𝗦𝗘𝗖𝗨𝗥𝗜𝗧𝗬. We've all had great months. And months of 0. We all know the mental strain from having seemingly great cash flow to a MASSIVE lull and wondering why on earth we started business in the first place. I personally can't stand the feeling. And I refuse to create a monster of a business that keeps me feeling like I have to hustle like a mad man just to hit a target. Recurring revenue is predictable.

is it possible to tag course modules in comments? Some of my students want to know where a certain training is or I publish a new video and want to let the group know. It would be great to be able to link to that new video in the discussion post

It’s would be great to set user access to specific chat channels for certain communication. It can help funnel communication for paid members vs free members in your group or depending on course access. What do you think?

Here's our roadmap. The image below shows you what's in progress and what's up next. You probably noticed we shipped many new features in the last 2-weeks. We hired some amazing talent, reorganized our teams — and our development velocity increased — significantly. Some of you were a little concerned at the rate of change. When we dug deeper, we found that lack of communication was the real issue. We learned from this and will improve moving forward. Sharing this roadmap is a way of keeping you in the loop of what's coming soon. We're super excited to share these new features with you! Internally, our team agreed, it feels like we're just getting started. Let's build this thing together 🔥

Sup team - would be a great feature to add in! One for the roadmap perhaps, but behind group chats & voice messages & the ability to edit chat messages haha V

Hey gang.. is there a way to change the order in which groups pop up in the drop down menu on the top left side? I'd love to have my own groups at the top and then other groups I really care about nearby. Thanks V

Step 1: Start a Skool community Step 2: Get people in it Step 3: Wait for members to start their own communities (Skool's auto-affiliate pays you for this) Step 4: Do nothing Step 5: Profit

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. 🔥🔥🔥

Sup team, accidentlly hid some announcements, and now for the life of me I can't find the "unhide" button. Where would that be?

@Sam Ovens do you still use and recommend & use CF? Does skool have any plans to add funnels? 😉

Anyone here running paid ads to grow their group?

Just a quick thought here team, I LOVE what you are doing with Skool. A bit of context for what I'd love to see on the roadmap: I run a paid group/community focused around building MRR consisting of two tiers - Growth Hub & Inner Circle people. Both get the same resources but the Inner Circle get access to more calls, me 1 on 1 etc. My question is whether it would be possible at some point t have a group chat with the whole community, or some kind of announcements via chat function, and second to that group chats with specific people. For my scenario I'd have a group wide group for everyone and an Inner Circle group for those people specifically. Currently we do the latter on FB but I'd love ot have it all in one place. Big love! V

Does Skool have the possibility to tag all members at the same time? Facebook Groups have made a great improvement by adding the possibility to tag @everyone

Sup peeps, new here. Seeing MASSIVE potential in using groups on skool to scale businesses (I might completely replace our FB offer). Were currently using a software called flowchat to manage group members as well as outbound DM, setting etc. My question is this -- are group chats on the road map for skool (we use this in FBG to intro setters to leads, it's such a smooth handover) and is there a way to find the "chat url" belonging to specific chats in skool? We could easily integrate this into what we're doing right now, but the connecting piece is the chat Url to be able to access to chat easily from flowchat. Thanks V

Hey guys, Is it possible to have multiple calls showing up at the top of the commnuity at the same time? I've got two calls that happen - one inner circle and one mastermind, but it only shows the one that's next (they are within 2 hours of each other on the same day). See image. Would love to have them both have a count down. V

Hey guys, How do we select who the members are that have access? I'm adding a paid masterclass and some restricted stuff into my skool, but I want to manually select who gets access. Can't figure out for the life of me how to do it