Your topic + cool domain + Skool = Affordable digital asset for beginners
Create a low-cost digital asset that can quickly start generating a side income for you and that you can sell within 9 –12 months. HERE'S HOW: 1) Allocate €2,000 from your budget and approximately 10 hours per week for the operation of this digital asset over the next 6–12 months. 2) Whenever you're about to do something, ask in Acquire Community and validate your thoughts with the other acquirers into the community industry. 3) Conduct a Community Investment Audit of the communities you’re already investing in. You don’t need to buy mine; a Google Sheet and about 8 - 16 hours of your time will suffice. 4) Define the primary topics that interest you. 5) Purchase a cool domain that clearly represents the focus of the community you want to create, like mine acquirecommunity.com, leavingsocials.com, or acquire4exit.com. 6) Set up a paid community on Skool. I recommend starting with a $9 monthly membership fee connect it with the domain. 7) Onboard the first 50 people from mainstream social networks and your contact list without charging them. Choose only those who have helped you advance in your career or who could help you move forward, but don’t be too accommodating. 8) Remember that from the 51st member onward, the membership must be paid! 9) Scale your community to 200 paying members within 2 - 3 months to recoup your investment by having each member pay $9 at least once. 10) Create a profile on a digital asset marketplace. I recommend Flippa.com, which I personally use. 11) List your community for sale. Set the price at monthly revenue x 12 months x 3 years. 12) Once your community is listed among your digital assets, focus more on quality than quantity. Instead of "massive" recruitment of new members, concentrate on encouraging existing members to renew their memberships regularly and to stay with you.