E105 – How to Grow a 7 Figure Membership Business w/ James Schramko
James Schramko is a well respected business coach and expert when it comes to growing highly profitably membership communities. He is the author of “Work Less Make More” and the is the host of the Superfast Business podcast.
During our interview we discuss:
– James shares his background including how and why he got into online marketing.
– He shares the fact that his business generate over 7 figures in profit.
– James talks about the #1 strategy that he uses to get new clients today.
– We talk about different membership models including Saas, coaching, membership communities and service based businesses.
– James shares the biggest reasons why membership business models are so valuable.
– We discuss how and why James structured his Superfast Business paid membership community.
– James shares THE KEY STEPS to help anyone interested in launching a highly profitable membership business.
– James shares his approach to retaining members and how he is able to have less than 5% member churn in his businesses.
– We talk about what James would do to get further faster, if he could start his business all over again?
– James shares is favorite online tool/software that helps him grow his business.
– Then he shares and recommends one of his favorite books in and around GROWTH.