๐Ÿ”ฅ
Sep '24 (edited) in Other
๐Ÿฆ„ Skools Biggest Secret
We recently lost all of our off-platform Stripe clients
INCLUDING our 5k/month clients
No explanation. No warning.
in a normal situation i would be freakin the shit OUT
but, this isnt normal...
cuz I have skooooool babyyyyyy
(And its happening to A LOT of poeple lately.)
See, there are 2 kinds of stripe accounts
for simplicity, we'll call them "B2B" and "B2C."
B2C is the relationship YOU have with Stripe
(Stripe carries the risk- & youre guilty till proven innocent.)
B2B is the relationship Skool has with Stripe
(Skool carries the risk, & youre innocent till proven guilty.)
Skool doesnt even advertise this.
but it might be one of the biggest reasons ill never leave.
and guess what? Ya donโ€™t even have to ask, ya big cutie.
Yet another reason this many actually be:
"The happiest place on earth for your online biz"
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56 comments
๐Ÿ”ฅ
โ€ข Sep '24
Yes sir how good?
10
๐Ÿ”ฅ
โ€ข Sep '24
super DUPER good.
10
โ€ข Sep '24
very demure.
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View 5 more replies
โ€ข Sep '24 (edited)
Oh I didn't know this was happening
Glad we are building things on Skool as our main platform
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๐Ÿ”ฅ
โ€ข Sep '24
yeah man, its all these little things that make it so aewsome pawsome
7
โ€ข Sep '24 (edited)
I heard saying this in Evelyn's podcast that so many people don't even know all the hassles they don't have to bother about with membership sites that Skool as a platform just takes care of.
So many will never know the pain it takes to build your own membership site with recurring revenue and the fricking tech stack and integrations it takes to make it work.
Skool as a platform makes it so easy and the optimizations that Sam and the Skool teams keep adding is just flawless
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โ€ข Sep '24
Yes, itโ€™s so underrated! ๐Ÿ’ฏ
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โ€ข Sep '24
1
โ€ข Sep '24
We heard about this from Buon on our Deepy Dive!
4
๐Ÿ”ฅ
โ€ข Sep '24
thats my dude! he knows all of those sneaky ins and outs the secret slinger.
5
โ€ข Sep '24
can't wait for you to sling some of those secrets our way
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โ€ข Sep '24
I have had a business of mine get a stripe ban. Super brutal. Had to move everyone to square suddenly. Huge hassle.
So glad this perk comes from being on skool. I didnt even realize skool was carrying the risk. Thats amazing!
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โ€ข Sep '24
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๐Ÿ”ฅ
โ€ข Sep '24
Yes, itโ€™s so nice to be off social media too, but still be social without the ads!
4
โ€ข Sep '24
I never felt anything so deeply in my life. I would say I actively hate social media; Skool gives me nostalgia vibes for old forums..
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๐Ÿ”ฅ
โ€ข Sep '24
yessss totally!
0
โ€ข Sep '24
Thanks for bringing this up ... that is HUGE! Dealing with payment processors is a nightmare until you reach a high transaction level and it puts you (the customer) in the driver's seat.
With Skool, you get on the same huge bus and get all the benefits of high transaction level ... DAY 1.
That is awesome!
2
โ€ข Sep '24
The Stripe setup here is gold!
1
๐Ÿ”ฅ
โ€ข Sep '24
Yup. I wonโ€™t use stripe for anything else other than skool stuff, cause itโ€™s a huge pita I havenโ€™t run into with other processors.
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๐Ÿ”ฅ
โ€ข Sep '24
another problem with stripe? ๐Ÿ™€ shocker
1
โ€ข Sep '24
Another reason to use Skool - woo hoo glad I jumped on the bandwagon!
1
โ€ข Sep '24
I came in for the gif, I stayed for the post ๐Ÿ™Œ
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โ€ข Sep '24
My stripe account got shut down today due to high risk when Iโ€™ve had no disputes or no issues ever. Anyhow, my question for anyone who might have dealt with this before
Not sure what the point of having stripe express was?
Will I still be able to enroll members into my community and will I get paid directly from Skool to my bank?
What about affiliate earnings?
1
๐Ÿ”ฅ
โ€ข Sep '24
your main stripe was shut down. Your Stripe express is run by Skool and it a separate thing. Long as you run your payments through Skool it works.
1
โ€ข Sep '24
my stripe express was shut down as well
Iโ€™m just confused and concerned..
All my members have signed up via the about page
1
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โ€ข Sep '24
Itโ€™s in some of the faq material, I remember trying to figure out what my tax obligations were.
While I hear youโ€™re not worried, thatโ€™s still crappy that happened to you. I hope itโ€™s rectified ๐Ÿซถ๐Ÿผ
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โ€ข Sep '24
1
๐Ÿ”ฅ
โ€ข Sep '24
Al the big players like stripe, AC, hubspot and others...
come to a point where someone, i wonder if its an extra position like senior-money-grubber, fucks all the clients up...
every and every time again...
0
โ€ข Sep '24
Omg, must have been a bit freaky
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โ€ข Sep '24
Not just a crazy pretty face!!
0
โ€ข Sep '24
This is good to know, do you guys know other platforms like stripe? unfortunately outside of Skool
0
โ€ข Sep '24
You make a great point!!!! You do lose a few things but the benefits seems to outweigh the negative.
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๐Ÿ”ฅ
โ€ข Sep '24
Yes!! I feel so protected by Skool ๐Ÿฅฐ
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โ€ข Sep '24
That's what a lot of people outside of Skool don't realize. There's minimal to no risk to run your community here!
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โ€ข Sep '24
I feel protected.
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๐Ÿ”ฅ
โ€ข Sep '24
interesting thanks for sharing...Still sucks for you. But nice angle I never thought of ๐Ÿ™Œ
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โ€ข Sep '24
Too good๐Ÿ’ช
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๐Ÿ”ฅ
โ€ข Sep '24
Jeezus, sorry that happened, m'Goose. ๐Ÿ‘€ But yeah, go Skool! ๐Ÿ’ช๐Ÿผ
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โ€ข Sep '24
Assume youโ€™re talking Stripe the payment provider? Someone asked for others - please reach out as I have been running a series on payment service providers at workโ€ฆ
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โ€ข Sep '24
I've heard quite a few stories like yours recently. Stripe is shutting down accounts they think are "risky" with no warning. It's a great idea to have multiple ways to get paid so it's easier to pivot if it happens.
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โ€ข Sep '24
That IS super Kool!
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โ€ข Sep '24
Yeah, can be risky. Having your own merchant account is also a GREAT way to protect yourself from erroneous bans, freezes etc. I'm happy to share a few EXCELLENT merchant service providers if you want to get that set up before you are in a jam ๐Ÿ’ช
0
โ€ข Sep '24
Love this.
0
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