Description
Scott Amenta might be the most experienced person you'll ever met when it comes to building community businesses.
He's simultaneously running multiple 7-8 figure community businesses through Sylva, and building software to help community founders scale.
Listen to this episode to understand:
• How he identifies healthy community businesses as an investor
• Why Slack is still his preferred platform (despite its flaws)
• Why data enrichment is crucial for personalization
Resources:
• Curated Connections, the app Scott uses to automate connections - https://curatedconnections.io/
• Scott's new product Miitra - https://www.joinmiitra.com/
• Chief of Staff Network - https://www.chiefofstaff.network/
• Scott's LinkedIn - https://www.linkedin.com/in/scott-amenta/
• Nityesh's LinkedIn - https://www.linkedin.com/in/nityeshaga/
• Beginner Maps crash course on community building - https://beginnermaps.com/
Chapters:
0:00 Intro
02:13 Understanding Healthy Community Businesses
03:28 Engagement Metrics in Community Businesses
05:15 Total Addressable Market and Growth Opportunities
08:51 Scott's Journey with Chief of Staff Network
11:00 Challenges and Opportunities in Community Building
11:48 Sylva's Role in Supporting Communities
12:34 Community business buying checklist
15:42 Revenue Streams in Community Businesses
17:05 Good communities vs bad ones
23:41 Not happening on LinkedIn
24:58 Pricing Strategies for Community Businesses
27:18 Growing a community business
30:54 Tools and Technology for Community Management
35:10 Why Slack?
37:43 Other tools
42:39 Conclusion and Final Thoughts
Building a 5,500+ member paid community isn't easy. Abbey is one of the rare people who's managing just such a community at Health Tech Nerds.
This episode is a must-watch for newsletter creators who are looking to turn their audience into a paid community.
We cover:
- Why direct member...
Published 11/19/24
John Faulkner-Willcocks built a 250+ member paid community in just 4 months with an astonishing 1.5% churn rate.
His inspirations? On Deck and World of Warcraft (yes the video game).
He's the cofounder of Open Org, a paid community for progressive People & Culture leaders who believe in the...
Published 11/12/24