12 months ago (August 2023), I made this post where I broke down how my Skool community went from 0 to 100k in 20 days. $1,035,987.93 later, … Here are 12 things I’ve learned from 12 months using Skool… #1) TTV (time to value) makes or breaks LTV (lifetime value) The quicker you can get each new member a win, the longer they’ll stay. We noticed that our members who, on day 1 or 2 after paying us, share this one specific template on their social media and to their email list… …They stay on average 60-90 days longer than those who wait until day 3 or later. Now, when someone pays us, we even send that one template to them via email so they don’t even have to enter the classroom to get it, and we tell them to share it before anything else. Figure out what your “quick win” is, and your profit margins will thank you later! #2) Less is more When I interviewed Sam (the interview is here) about running a successful community a year ago… I didn’t “get it” when he told me “less is more,” for communities. After all, my team and I had been offering bespoke consulting and coaching for the best part of a decade. But after doing an 80/20 analysis on the components of our offers and looking at what really drives member and client results… 20% of the “stuff” = 80% of the results. When we cut all the stuff that they weren’t using to get results, guess what happened? Our members were GRATEFUL and thanked us for always helping them more and more to drive the core desired results they’d come to us for. Trim the fat and your members will be less overwhelmed… And they’ll commit fully to the small actions they must take to win. #3) Skool needs to add different payment plan options. -Annual -Pay for the year in 2 payments -Pay for the year in 3 payments -Weekly -And then the current monthly billing (But change it to every 4 weeks so we get that extra payment cycle each year, c’mon… we all learned that one from you Hormozi!)

I know we see a lot of focus on MRR, but is anyone here doing super well with the inbuilt course buy/upsell feature within Skool? Just working out whether I build a free community + have upsells or just focus on MRR. TIA!

This breaks down exactly how we went from 0 to $100k in cash collected in less than 3 weeks with our new Skool community. This is my first post in here, after 1 week on the platform. And I'm LOVING what Skool is doing for my business so far! For context, we’ve been selling $25k-$100k packages organically using social media DMs for the last few years, focusing exclusively on helping successful entrepreneurs sell their knowledge online through building a brand on social media and automation. Although we’re only selling access $1.2k billed every 4 weeks or $10k upfront of the year… Using Skool has allowed our members to get results in 1 week that would usually take 2-3 months in our 1:1 containers. This is crazy. And here’s how we had such a successful launch: First - we knew WHY we wanted to have a Skool community. As the founder of the business, while it was nice to have days where you collect multiple six figures, my goal was to shift the business from “hunt and kill” to living by our values of freedom and fulfillment. All our payments from the past were via wire initiated on the client's end, meaning there were often big delays on us getting paid. Having to constantly hire consultants from McKinzie (etc) as we added additional clients to our business was becoming something I was resenting, and having a huge and stressful sales team just wasn’t “it” for me. Two - we needed to come up with a proposed value proposition. To launch successfully, we had to create a hypothesis as to why members would choose to join. Importantly, however, we knew this was just a hypothesis and we had a plan of action prepared if our marketing didn’t match up with the reason why people were buying. This is critical to remember for later on in this post. Three - we built a one-page sales page (OPSP) We always do this whenever we launch a new product. It’s the way we’re presenting that product to the market (the “offer”). We made 0 promises, guarantees. Actually, it was pretty soft. But I wanted to see if it would sell.

Hi guys - any plans to add an annual pricing option soon?

I'm wanting to up level my X game soon, does anyone run a community on building with X/Twitter or know of one? *edit: OR who are the best people on X to learn from, or are there any courses etc out there? cheers!*