Sep 17 (edited) in ✳️ Skool
✳️ The Games Live Feed (with AI summary)
Overview
In the recent Product Update and Strategy Meeting, key discussions highlighted the exciting upcoming School Games, which will feature enticing prizes such as a Cybertruck or $100,000 cash for winners across September to December, alongside the introduction of a 'Battle Royale' format in October. The meeting emphasized diverse community offerings, including both free and paid groups, showcasing success stories to encourage user engagement, and outlined new features like annual payment options, Apple Pay and Google Pay integration, and an affiliate program. The platform's goals to help 1 billion people find community and empower creators to achieve a full-time income were underscored, along with action items to develop and implement upcoming features and training content. Overall, the meeting set a clear path toward enhancing user experience and increasing revenue through innovative strategies and community-focused initiatives.
Notes
🚀 School Games and Prizes
Cybertruck or $100,000 cash prize for first place in September, October, November, and December School Games
October games will be 'Battle Royale' style, allowing previous winners to compete
November winners will meet at School headquarters in LA
School Games winners get to fly to Vegas for mastermind with Hormozi
Physical awards given to winners
No fake MRR or artificial inflation of numbers allowed
💰 Making Money on School
Various community types on School: friends, painting, AI, goat care, dating, forex, jazz guitar, weight loss, etc.
Free and paid communities available
Success stories: Samuel Earp (artist), Evelyn Weiss (marketer), Hamsa (YouTuber)
Opportunities for School experts and operators to help celebrities and influencers
🔧 New Features and Path to $10k/month
Annual payments feature introduced
Prorated upgrades for members switching from monthly to annual
Benefits of annual payments: more cash upfront, lower churn, higher LTV
Path to $10k/month: become top contributor, start free group, monetize through various methods
💳 Upcoming Features
Apple Pay and Google Pay integration coming soon
Free trials feature in development
Affiliate program for members to earn commissions
New training content in collaboration with successful School users
📊 Platform Statistics and Future Plans
Free groups converting at 18%, paid groups at 4% on average
School aiming to help 1 billion people find community online
Goal to help creators earn full-time income building communities
New features focused on increasing income and conversion rates
❓ Q&A and Closing Remarks
School Games will continue beyond the next four months
Most common strategy for $100k MRR: lower-ticket communities with targeted traffic
Annual payments will be divided by 12 for MRR calculations in School Games
End goal of School: help people find community and creators earn full-time income
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✳️ The Games Live Feed (with AI summary)
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