59 min
Real Talk: Should You Create a Membership Site? Part One Lifestyle Business School
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- Entrepreneurship
Pre PS We've currently waitlisted our Lifestyle Business School program and we'll be reopening soon. Join the waitlist here if you want to get updated on the best deal and the special VIP bonuses soon as we re-open doors.
Should you create a membership site?
So often, it's sold as the ultimate dream:
"Create a membership site and you too can enjoy recurring revenue - forever", they say.
Which is kind of true.
Only, it also comes with a very, very big asterisk:
Memberships are one of the most advanced, psychologically trying, long-game, difficult leveraged business models out there.
And, no-one is sharing THAT when they are selling the dream.
In October 2023, I launched my very own online membership site.
Believe me when I say that I have aged 26 Internet years in the months since (just kidding - kind of).
Here's the truth though:
They are no joke, and this is coming from someone with six years in the online business space, experience in every leveraged business model under the sun, an advanced understanding of data and advanced marketing concepts and serious grit and resilience.
Cliff notes, though: I am a sucker for punishment and I actually enjoy the game of it.
But, honestly?
I think I'd be in the minority here. It's kind of like an Ultra Marathon runner:
It takes a special breed to want to put yourself through it, but it's worthwhile if you have what it takes, you're willing to play the long game and you're up for the task 😅.
If you're finding yourself wondering "should I create a membership site?", I want to share with you the cold, hard truth about running a membership site based on my own personal experience.
Take from it what you will. My hope is that it will help you go into this model with eyes wide open, because misaligned expectations is the ultimate dream killer.
Want more?
📫 Subscribe to the Newsletter:
For Expertise-Based Founders ready to engineer a lifestyle business that passes the Monday Morning test with flying colours. Get one actionable step each day, and then weekly thereafter. Subscribe here.
🎧 Subscribe to the Podcast:
With 1m downloads, make sure you hit the follow/subscribe button right now.
📝 Download our FREE 26 Page Expertise-Based Business Diagnostic:
Get clarity on what to work on first or next. Click here to get it for free.
🎓Join Lifestyle Business School:
Get the complete Operating System for starting or growing an expertise-based online business to the Lifestyle Business Sweet Spot. Click here to join the waitlist today.
📲 Instagram:
Follow Stevie on Instagram at https://www.instagram.com/steviedillon_...
Pre PS We've currently waitlisted our Lifestyle Business School program and we'll be reopening soon. Join the waitlist here if you want to get updated on the best deal and the special VIP bonuses soon as we re-open doors.
Should you create a membership site?
So often, it's sold as the ultimate dream:
"Create a membership site and you too can enjoy recurring revenue - forever", they say.
Which is kind of true.
Only, it also comes with a very, very big asterisk:
Memberships are one of the most advanced, psychologically trying, long-game, difficult leveraged business models out there.
And, no-one is sharing THAT when they are selling the dream.
In October 2023, I launched my very own online membership site.
Believe me when I say that I have aged 26 Internet years in the months since (just kidding - kind of).
Here's the truth though:
They are no joke, and this is coming from someone with six years in the online business space, experience in every leveraged business model under the sun, an advanced understanding of data and advanced marketing concepts and serious grit and resilience.
Cliff notes, though: I am a sucker for punishment and I actually enjoy the game of it.
But, honestly?
I think I'd be in the minority here. It's kind of like an Ultra Marathon runner:
It takes a special breed to want to put yourself through it, but it's worthwhile if you have what it takes, you're willing to play the long game and you're up for the task 😅.
If you're finding yourself wondering "should I create a membership site?", I want to share with you the cold, hard truth about running a membership site based on my own personal experience.
Take from it what you will. My hope is that it will help you go into this model with eyes wide open, because misaligned expectations is the ultimate dream killer.
Want more?
📫 Subscribe to the Newsletter:
For Expertise-Based Founders ready to engineer a lifestyle business that passes the Monday Morning test with flying colours. Get one actionable step each day, and then weekly thereafter. Subscribe here.
🎧 Subscribe to the Podcast:
With 1m downloads, make sure you hit the follow/subscribe button right now.
📝 Download our FREE 26 Page Expertise-Based Business Diagnostic:
Get clarity on what to work on first or next. Click here to get it for free.
🎓Join Lifestyle Business School:
Get the complete Operating System for starting or growing an expertise-based online business to the Lifestyle Business Sweet Spot. Click here to join the waitlist today.
📲 Instagram:
Follow Stevie on Instagram at https://www.instagram.com/steviedillon_...
59 min