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online business

Never Worry About Collecting Annual Membership Dues Again – Not Quite, But You Should Hear What Shane Sams Has To Say About What You Can Do Instead

#034 – Today I am speaking with Shane Sams.  Shane has one of the most popular episodes on Pat Flynn’s Smart Passive Income Podcast.  His episode #122 is one of SPI’s most popular.  To put this in perspective, SPI has more than 500 episodes and over one million downloads.  Shane’s episode has more downloads than Tim Ferris and Gary Vaynerchuck combined.

Shane started the flipped lifestyle with his wife Jocelyn.  Their mission is to help 100,000 families flip their life by turning it upside down thru starting, building, and growing an online business.  

Although they primarily work with individuals, they also work with nonprofits and I think there is a lot of potential for our small mission driven organizations, especially those that rely on membership dues.  Our organizations can use what Shane teaches to start a fun online business and use the funds generated from that effort to fund their organization’s programs and ditch their membership dues.

Shane says that in building a successful membership group….

“You’ve got to provide value with content. You’ve got to provide value by uniting the community and you’ve got to bring access to the people”.

AND

“People are only going to exchange their proof of work, which is money, for your proof of solution”.

Be sure to stick around to hear how Shane, in his words, “about wrecked my lawnmower”.

Check out Shane at – flippedlifestyle.com

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Resources

  • Website
  • SPI Episode #122
  • How The Life Coach School’s Brooke Castillo Built Her $35,000,000 Membership!
  • Flipped Lifestyle Podcast

4 Key Takeaways  

#1 You make money when you sell your knowledge, your wisdom, and you help people solve problems;

#2 The membership model will work, whether you’re for profit or non-profit, doesn’t matter;

#3 Create content that solves a problem and a place for your people to hang out and connect;

#4 It’s simple – you create content, you build an email list, you get people in your membership.

Show Notes

**Click the time stamp to jump directly to that point in the episode

[4:05] Shane’s story.
[9:43] And I about wrecked my lawnmower.
[14:06] Shane and Jocelyn started elementarylibrarian.com.
[16:55] After we quit our jobs, we helped someone in our Sunday School group.
[17:50] You can monetize that with training, leadership, and coaching.
[18:10] The membership model will work whether you're for profit or nonprofit, it doesn't matter.
[23:59] Provide content that solves a problem, a place for your people to hang out, and provide leadership.
[25:34] Two success stories - a financial one and a crazy one.
[29:43] Our mission is to help a hundred thousand families flip their life.
[30:33] Find Shane

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Posted in PodcastTagged 501c3, Flipped Lifestyle, fundraising, fundraising ideas, Groupfinity, membership, nonprofit, online business, relationship building, Shane Sams, Strategy
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