Today we’re doing a few things differently, so get ready: we have two guests and zero “traditional” online courses involved. But don’t worry, because my discussion with Craig and Zach of Fraternity of Excellence is still super-relevant to many aspects of having a more typical online course business or membership model.
“Don’t let the fear of not being perfect when you launch keep you from launching.”
“Inside a membership community, it’s all about relationships.”
In This Episode, We Talked About:
(0:40) Dr. K is back: where was he and what do lizards have to do with it?(6:18) Our Asheville, NC recommendations + David’s ideal Instagrammer(8:47) Getting recognized “in the wild”(10:27) An update on my quest for the ultimate course platform(11:37) Creating course content with other teachers and how I’ve set up compensation(14:25) Setting the stage for today’s interview(17:09) Why and how Craig and Zach partnered to create their membership site(21:06) The 4-Hour Workweek mindset versus the community-based membership model(21:35) Bootstrapping and their early business models(24:35) Figuring out pricing with nothing to compare to(27:38) The challenge of communicating value in exclusivity(28:56) How Craig and Zach would change their approach to pricing if they were starting over(30:27) Who their audience is and how they provide value to their niche(33:18) How Craig and Zach’s offer has evolved(36:25) A favorite story of how their group impacted one of their members(39:11) How Zach quit his day job as their membership grew(42:53) Getting started with their site and figuring out best tools and software(46:21) Slack, “babies,” and focusing on the end goal(50:47) Is the paid version of Slack worth it?(53:00) How Craig and Zach make sure their membership never gets too big for its own good?(55:32) The pen name dilemma(1:03:41) Live events: how important are they?(1:07:19) What Craig and Zach do to prevent member churn and encourage community-building(1:10:35) Dealing with trolls and naysayers(1:15:40) Making partnerships work(1:18:43) Advice for new and aspiring course or membership creators(1:22:19) David’s questions about the appeal of membership to me(1:24:08) App development stories (plus an AI interruption)(1:31:25) A not-so-shocking reveal(1:34:36) Thinking about the challenges inherent to partnerships(1:38:26) How I handle trolling plus how David avoided impersonating Michael Scott(1:48:46) Finding the line between trolling and constructive criticism(1:50:14) Wrapping up That’s all for now, folks! See you on the next episode of The Online Course Show.
Links
Offers and Tools:
Bonjoro Free TrialClickFunnels Free Trial Win of the WeekGuest Links:
Fraternity of ExcellenceFamily AlphaMasculine by DesignResources and Recommendations:
Chandler Corbin Tupelo Honey CafePizza MindUpworkFiverrPaid Memberships ProSlackZoomEpisode 95David's video about runningJacques’ Courses:
The Online Course AcceleratorNext Level CoursesPiano in 21 DaysDavid’s Courses:
Wellness Program Expert