3 Hours of Money Making Advice You Needed To Know Yesterday

18 Sept 2024 · 160 min
2:40:16

Panel discussion (Alex Hormozi with Sam Ovens, Zane, Goose and others) about building and monetizing communities (Skool platform examples). Main practical threads: use free Skool groups as lead magnets (traffic → free group → auto-DM → short classroom ‘webinar modules’ → calls or VSL → paid community), optimize bio/description links and short-form content to drive discovery, and break long webinars into short classroom videos. Pricing discussion centers on the four levers (traffic, conversion, price, churn), LTV = price / churn, and testing price to maximize earnings-per-click. Community/retention advice emphasizes culture (reward/punishment rules), engagement tactics (pin/rotate posts, categories, memes/GIFs, onboarding calls, 15-min intro calls, member pinning), gamification (leaderboards, team competitions) and product packaging (separate one-time educational value from ongoing/consumable value to improve renewals).

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