Iโve built a brand new community for like-minded people called Productivity Lab. Weโll have online classes, workshops, and coaching to help you double your productivity. You can find out more here ๐
https://eu1.hubs.ly/H0bwKcd0If you want to see how Jordan helped us build Productivity Lab, you can find out here ๐
https://growthcommunity.co/ali/
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https://eu1.hubs.ly/H0bwKnY0
In today's episode, I discuss with Jordan the process of building a $10,000 per month online business through online communities. We delve into different types of communities, the challenges associated with managing them, the misconception of passive income, and effective pricing strategies for membership programs.
Enjoy ๐
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01:41) The Path to $10,000 a Month
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02:38) Solving Existing Problems vs. Creating New Ideas
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03:36) The Pros and Cons of Online Communities as a Business Model
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05:30) Different Types of Online Communities
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09:45) Why People Pay for Online Communities
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12:05) Peer Communities: Low-Ticket Value from Connection
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15:18) Proximity Communities: High-Ticket Value from Close Relationships
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21:32) Community-Powered Courses
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24:21) Transformational Communities
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29:36) The Reality of Building and Monetising Online Communities
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37:18) Designing the Offer
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37:48) The Power of Accountability
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45:00) Value-Based Pricing and Transformation
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54:36) Navigating the Emotional Aspects of Pricing
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58:18) Aligning Incentives with Recurring Revenue
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01:02:06) Different Pricing Models for Different Audiences
๐ CONNECT WITH JORDAN
๐ CONNECT WITH ALI
๐SHOW NOTES & TRANSCRIPT
๐ ABOUT THE PODCAST
Deep Dive is the podcast that delves into the minds of entrepreneurs, creators and other inspiring people to uncover the philosophies, strategies and tools that help us live happier, healthier and more productive lives.
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You can also Tweet @AliAbdaal with any feedback, ideas or thoughts about the lessons you've learnt from the episodes and we can thank you personally for tuning in ๐
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What is Deep Dive with Ali Abdaal ?
Dr Ali Abdaal is the worldโs most followed productivity expert and author of Feel-Good Productivity, the brand new book that reveals why the secret to productivity isnโt discipline, itโs joy. In his podcast, Deep Dive, Ali sits down with inspiring creators, thinkers, entrepreneurs and high performers to help listeners build lives that they love.
Aliโs cheerful style, positive approach, and well-researched content have made him a trusted voice when it comes to productivity. The internet means that we have access to more knowledge and information than ever before - but it can also be overwhelming. So, Ali and his expert guests focus on simple, scientifically proven, and actionable steps you can take to make real changes in your life.
Aliโs a firm believer that happiness isnโt the result of success - in fact, happiness is the key to success in the first place. Ali made this discovery while working as a doctor in a chaotic hospital ward. In the past, hard work had been the answer to every obstacle in his life. But no amount of hard work was going to combat panic and burnout.
So, Ali dedicated himself to figuring out a new approach to productivity - one that focuses on enjoying the journey and working towards truly meaningful goals. Deep Dive, with its authentic and engaging conversations, will give you all the insights you need to do just that.