Growth Operator Why The Power of Paid Communities
In this article, I am going to discuss a game-changing move made by Alex Hormozi that has the potential to make him a billionaire and could also make you rich. This move has completely changed the online business landscape and has massive potential for success. Alex Hormozi, also known as the Godfather of online entrepreneurship, is the founder of Acquisition.com, a company known for investing in e-learning businesses. Recently, he made his biggest investment yet into School.com, a platform that hosts paid communities.
The Power of Paid Communities
A paid community is a business model where people pay a monthly fee to access a community filled with like-minded individuals. These communities often provide support and resources related to a specific topic or skill. For example, if you wanted to learn how to resell sneakers, you could join a paid community that provides guidance on what shoes to buy, where to buy them, and how to flip them for profit. The beauty of this business model is that it is a digital product with low expenses and minimal fulfillment requirements. It allows individuals to monetize their expertise and passion while providing valuable resources to their community members.
Why Alex Hormozi’s Investment in School.com Matters
Alex Hormozi’s investment in School.com is significant because it signifies his belief in the paid community business model. As someone who has acquired and invested in e-learning companies, Hormozi understands the potential of paid communities. By going all-in on School.com, he is showing his confidence in the platform and its ability to become even better with his support.
The Two Paths to Building a Successful Paid Community
There are two paths you can take to start a paid community and potentially get rich in the process. The first path is to build and create the community yourself, teaching something you are an expert on or have experience in. This path is ideal for those who enjoy making content and already have a decent-sized audience. By leveraging organic social media content, you can monetize your audience and grow your community.
The second path, known as growth operating, is a partnership model where you work with a creator who already has a large audience and experience in a specific field. As a growth operator, you help them monetize their audience by building and scaling a paid community. This path is suitable for beginners or those who don’t want to create content themselves. It allows you to leverage the creator’s audience and earn a percentage of the profits.
How to Get Started with Growth Operating
To successfully start growth operating and potentially get rich, there are three steps you need to follow:
- Find a Creator to Partner With: Look for creators with at least 10,000 followers who create educational content and have the potential to build a successful community. Ensure that they are someone you can see yourself working with long-term.
- Conduct Market Research: Understand the creator’s audience and their needs. Ask them what they are struggling with and what they would want to see in a community. This market research will help you package your community in a way that appeals to the audience and meets their needs.
- Launch the Community: Once you have partnered with a creator and conducted market research, it’s time to launch the community. With a decent-sized creator, you can expect quick growth and potential revenue. Examples of successful launches include hitting $15,000 a month in just two weeks or generating $40,000 a month in 14 days.
The Future of Online Business
Alex Hormozi’s investment in School.com and the paid community business model has the potential to change the online business landscape forever. It offers an opportunity for individuals to monetize their expertise and passion while providing valuable resources to a community of like-minded individuals. Whether you choose to build a community yourself or become a growth operator, this business model has the potential to make you rich.
Take Advantage of the Opportunity
If you’re interested in learning more about how you can get started with growth operating and potentially earn $10,000 a month with a paid community, I hold a free growth operating class every Wednesday. In this class, I break down step-by-step how to get started and scale your community. You can register for free using the link in the description. While you wait for the class, you can also check out the free growth operating course in my YouTube playlist.
Don’t miss out on this opportunity to build a sustainable business and potentially get rich. Join the paid community revolution and start your journey towards financial success.
Peace out! In this article, I am going to discuss a game-changing move made by Alex Hormozi that has the potential to make him a billionaire and could also make you rich. This move has completely changed the online business landscape and has massive potential for success. Alex Hormozi, also known as the Godfather of online entrepreneurship, is the founder of Acquisition.com, a company known for investing in e-learning businesses. Recently, he made his biggest investment yet into School.com, a platform that hosts paid communities.
The Power of Paid Communities
A paid community is a business model where people pay a monthly fee to access a community filled with like-minded individuals. These communities often provide support and resources related to a specific topic or skill. For example, if you wanted to learn how to resell sneakers, you could join a paid community that provides guidance on what shoes to buy, where to buy them, and how to flip them for profit. The beauty of this business model is that it is a digital product with low expenses and minimal fulfillment requirements. It allows individuals to monetize their expertise and passion while providing valuable resources to their community members.
Eddie Cumberbatch. The first “Growth Operator” Guru
Eddie Cumberbatch is a 19-year-old from the United States who seems to be pioneering a new wave of “making money” online model called Growth Operating.
Like most, he had a burning desire to make money and started doing so at 15 years old. He has tried lots of side hustles, 8 to be exact. Such as flipping shoes but wholesale, real estate, lawn care etc. When searching for tactics to help grow a business he joined a paid discord. He realized that the owner of the discord had 1,000 other people signed up onto it and was making $20,000 a month
He suggests partnering up with other creators to charge their audience a monthly subscription for an info product related to their niche. How viable is this new method and should you give it a try?
System.io is the best platform to host your courses/info products. It is free but if you want to host webinars you need to pay $20 a month. It comes with pre-made courses and whole $80 cheaper than Skool, the program Eddie promotes
Before you consider being a “Growth Operator” understand that exposing a winning formula in business is only done if the person has something to gain. Eddie sells courses of his own teaching you growth operating. He might be making most of his money teaching people than actually doing it.
This isn’t really unethical, only if he lies about the figures you can make and/or says it will make you rich yet it doesn’t.
Pros
- Reach and trust: Influencers with large followings already have a built-in audience that trusts their recommendations. This can significantly increase your product’s reach and credibility, leading to faster sales and customer acquisition.
- Content creation and marketing expertise: Influencers often have strong content creation and marketing skills, which can be valuable in developing and promoting your info product and community. They can provide valuable insights into their audience’s preferences and help tailor your offerings accordingly.
- Social proof and hype: Influencers can generate excitement and social proof around your product, encouraging their followers to join the community and buy your info product. This can lead to organic growth and viral marketing.
- Shared profits and workload: Sharing profits with the influencer incentivizes them to actively promote your product and engage with the community, reducing your marketing workload.
Cons :
- Alignment and control: Ensuring the influencer’s brand and values align with yours is crucial. Differences in content or messaging can alienate your target audience. Maintaining control over the community’s content and direction can also be challenging.
- Dependence on the influencer: Your success is heavily reliant on the influencer’s engagement and continued popularity. Their audience might not be receptive to your product, or their popularity could decline, impacting your sales.
- Splitting profits: Sharing profits can reduce your overall revenue, especially if the influencer demands a high percentage. Make sure the profit split is fair and aligns with the value each party contributes.
- Potential for controversy: Influencer marketing can be susceptible to negative publicity and ethical concerns. Choose your partners carefully to avoid reputational damage.
Additional considerations:
- Contractual agreements: Clearly define roles, responsibilities, profit sharing, and ownership rights in a legal contract to avoid future disputes.
- Community management: Decide how the community will be managed, whether by you, the influencer, or a dedicated team.
- Long-term vision: Consider the longevity of the partnership and your exit strategy if the collaboration doesn’t work out.
https://www.skool.com/growthoperator/about
Private group How anyone can make $10,000 a month with a Skool community as a Growth Operator… support@creatorclique.io
How anyone can make $10,000 a month with a Skool community as a Growth Operator…
Click “Join Group” & we’ll accept you soon 🙂
Watch Eddie’s YouTube here: https://www.youtube.com/@eddiecumberbatch
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