Breakthrough Brand Podcast - Online Business Growth, Website Design Strategies, Grow a Podcast, Motherhood and Business, Passive Income, Christian Faith, Showit Templates

223: Why I Closed My 170-Member Paid Membership (+ My 3 Biggest Mistakes!)


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In the online space, we often talk about the good without the bad, right? When we hear about memberships, they are often praised as recurring and consistent revenue and when we think about memberships failing, it’s often because we didn’t “sell” enough. These things were NOT necessarily the case for me, and while I could have “fixed” the mistakes I made, I ultimately decided to close my 170 person membership last year. While I don’t regret it (starting it OR ending it), this episode shares the behind-the-scenes pretty vulnerably and I hope you enjoy it!

 

In this episode, I’m talking about all things memberships, including:

  • What mine was (Breakthrough Brand All Access)

  • How I created and launched it

  • Why it ultimately didn't work

  • How I decided to ultimately shut it down

  • 3 mistakes I made along the way (and how to avoid them). 

 

Make sure to tune in next week too for some of the biggest lessons I learned when launching a membership!



Links Mentioned:

  • Get the full show notes: https://elizabethmccravy.com/223

  • Grab your free copy of the reasons people buy: https://elizabethmccravy.com/reasons 

  • Shop all of the Elizabeth McCravy Shop templates: https://elizabethmccravy.com/shop  

  • Join my FREE Breakthrough Brand All Access Facebook Group: https://elizabethmccravy.com/facebook 

  • Connect with Elizabeth on Instagram: https://www.instagram.com/elizabethmccravy/ 

 

Thanks to our sponsor, Christian Healthcare Ministries! CHM is a faith-based, budget-friendly alternative to health insurance— at half the cost. And, you can join anytime! My family has trusted CHM for 5+ years through multiple pregnancies and health needs. With CHM, you’ll save money and know that 100% of eligible bills are shared when medical needs arise. Learn more at elizabethmccravy.com/CHM

Over my 9 years of business, I have learned some financial skills the hard way and a few years ago, I developed an an 8 step process I go through at the end of each month. This process helps me know how my business is doing financially, pay myself well and allocate money for things like taxes and expenses. And, it's yours for FREE at https://elizabethmccravy.com/profit 


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Breakthrough Brand Podcast - Online Business Growth, Website Design Strategies, Grow a Podcast, Motherhood and Business, Passive Income, Christian Faith, Showit TemplatesBy Elizabeth McCravy

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