Tell me what you think of my idea.

10 years ago

Topic is great. If it's truly going to be a massive undertaking, I'd open it up to a monthly membership of some sort at least.
That, and combine it with a 2 or 3 tier pricing structure:
Bronze - 1 time access to the info
Silver - unlimited access and 2 personal coaching sessions
Gold - unlimited access and monthly coaching

Thanks
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ArcticPanda

10 years ago

Originally Posted by Mark Tandan

Topic is great. If it's truly going to be a massive undertaking, I'd open it up to a monthly membership of some sort at least.
That, and combine it with a 2 or 3 tier pricing structure:
Bronze - 1 time access to the info
Silver - unlimited access and 2 personal coaching sessions
Gold - unlimited access and monthly coaching

I had originally planned to make it a monthly membership site. However, I'm wary to take on such a big role, considering it's already a rather big undertaking.

The original plan was to lay it out like an actual university, and have "modules" and semesters", so they get a new semester with a couple new modules every month or whatever.

I think if I were to do such a large undertaking, I'd have to take on a co-owner to help me with everything

Thanks

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loaf1011

10 years ago

Wow, amazing timing, I actually just listened to a podcast this morning about a guy who did exactly that! He was a schoolteacher who started a website to teach people about investing in property, and now he runs a $1m+ business. Here's his site: BiggerPockets Real Estate Investing Social Network: Connect & Learn

I heard the interview on the Eventual Millionaire podcast... here's the link to the episode: Slow and Steady to an Amazing Online Business with Joshua Dorkin | Eventual Millionaire

Thanks
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ArcticPanda

10 years ago

Originally Posted by loaf1011

Wow, amazing timing, I actually just listened to a podcast this morning about a guy who did exactly that! He was a schoolteacher who started a website to teach people about investing in property, and now he runs a $1m+ business. Here's his site: BiggerPockets Real Estate Investing Social Network: Connect & Learn

I heard the interview on the Eventual Millionaire podcast... here's the link to the episode: Slow and Steady to an Amazing Online Business with Joshua Dorkin | Eventual Millionaire

Took a look at the site. That's obviously a lot "bigger" than I plan. I'm aiming at a community of MAXIMUM 1,000 people.

I was thinking of a $14.99 monthly membership cost.

On first "release" I was hoping to achieve 50-100 members. Then slowly build it up to 500+ over a year which includes several re-releases.

Thanks

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mhall8444

10 years ago

seems cool. I'd do a monthly subscription type of thing and figure out what you can throw in the course to get people paying like $15-30/month

Thanks

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Steve Waller

10 years ago

Do a video course and sell it on Udemy - you can add text manuals and reports too but video is the main teaching platform there.

By the looks of it nobody has done that sort of course yet.

Thanks
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ArcticPanda

10 years ago

Originally Posted by Steve Waller

Do a video course and sell it on Udemy - you can add text manuals and reports too but video is the main teaching platform there.

By the looks of it nobody has done that sort of course yet.

I was going to do "video lectures" as opposed to eBooks or whatever. My plan was to do powerpoints with my voice speaking/lecturing over the top of them.

Thanks

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ArcticPanda

10 years ago

Udemy.com is definitely quite an interesting concept. I've just got to figure out how I could combine it with affiliates, and membership etc.

I'm not planning for a release until June 1st. So there's plenty of time to work things out anyway

Thanks

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ArcticPanda

10 years ago

Right,

I'm just going to go for it. Full on membership site.

I'm just scared that I put so much effort in, and then nobody is interested in the end.

Thanks

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ArcticPanda

10 years ago

Right,

I'm just going to go for it. Full on membership site.

I'm just scared that I put so much effort in, and then nobody is interested in the end.

Thanks
1 reply

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AlexCN 10 years ago

Originally Posted by ArcticPanda

Right,

I'm just scared that I put so much effort in, and then nobody is interested in the end.

I don't want to try and shoot down your idea, but you yourself said it right above... you are worried about putting in MONTHS of work only to realize that no one cares...

Additionally, just because you 'advertise' it, most certainly does not mean that you will be able to easily fill up your membership.

Here is a little piece of advice.

Instead of spending months building out this behemoth of a site and then figuring out that it doesn't work, why not get paid to build your site out?

Much less risk, you can start generating cash quickly, and you can see which of your 'modules' are most in demand...

How to do that?

Create an info product around each of your categories.

Niche down deep, and create small 15-25 page reports that deal with ONE subset of real estate management at a time.

Once you have a few of these smaller, more specialized products that are successful, you will have a much better idea of what will work best to attract members to a larger membership site!

You can then start up your membership site knowing exactly what your niche likes and what they will pay for. Additionally, you will have some proof, feedback and testimonials to back up your membership site claims and a better reason that people should be paying a monthly fee for your content.

This is what I suggest instead of running out and installing the latest membership plugins and sitting down and trying to knock out 400 pages of hard core content.

Not only will you probably get burned out before you finish, by taking things in smaller, bite-sized chunks, you will realize that there is much more to successfully selling a product that just creating it.

Small steps will give you lots of practice in all facets of what it takes to successfully launch info products.

Alex
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AntonioSeegars1

10 years ago

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ArcticPanda 10 years ago

Originally Posted by AntonioSeegars1

As long as you know how to advertise it, you will make money.

I'm hoping to have at least 10 SOLID affiliates on-side, well before release.

I'm also aiming to have a minimum of 5 on-topic blogs which are willing to be "affiliates" as well.
- Thanks
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ArcticPanda

10 years ago

S2Member Plugin is currently being set up on my website

Thanks

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kapildeven54

10 years ago

Very good idea..

Thanks

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dmarc

10 years ago

A membership site doesn't have to mean lots of on-going work. Once you've got all of your content put together, you drip feed it monthly to your subscribers. There are plenty of membership scripts out there, or you can even simply email members monthly a link to that month's content.