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Lately, you may have noticed a radical increase in the amount of membership and subscription-based businesses that are out there. I’ve been hearing from a lot of you that they seem to be popping up everywhere and for some very good reasons!
Membership and Subscription businesses are...
That is a huge game-changer! Don’t you think?
As someone who has a membership, I’m able to predict different outgoing costs in terms of my business. I’m also able to look up when is the best time to increase hours for the people and contractors that I have on my team.
Before COVID-19 happened, there were people with brick-and-mortar businesses that had a membership element to them. They were able to predict how many staff members they needed to have on the floor at any given time. It’s because of the recurring revenue and stability of the membership that they were able to predict this.
What I’ve mentioned above are only some of the benefits from having a membership or subscription, and there are loads more!
Today, on the Mums With Hustle Podcast, I’m going to be answering your most pressing membership and subscription questions.
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This podcast is brought to you by Tracy Harris. Explore our offerings to elevate your business:
This episode of the Mums With Hustle Podcast is proudly brought to you by the TRIBE Experience. As I’ve told you, the month of April is all about memberships, subscriptions and recurring revenue. So stick with me because you’re in for one heck of an episode!
If you’re not familiar with the TRIBE Experience, it is an incredible online course led by my mentor, Stu McLaren. Stu is the go-to guy when it comes to helping business owners come up with recurring revenue streams in their business aka memberships and subscriptions.
Have you been thinking about starting a membership or subscription? Or maybe you have one but it’s not growing the way you want and it’s starting to burn you out? Then you may want to check out Stu’s FREE workshop that kicks off THIS WEEK on April 23, 2020.
You can go to mumswithhustle.com/tribe to get registered for your free seat.
I’m also excited to share with you that I am going to be hosting an exclusive pop-up Facebook Group experience to support members of the Mums With Hustle community who have saved their seat for Stu’s free workshop. The Facebook group is called “TRIBE Workshop Pop-Up Group with Tracy & Karl Harris.”
You will be able to join me and my husband, Karl, who will be in the group as your additional coach. We will help you implement the lessons and teachings inside Stu’s free workshop. And we’ll also be hosting Q&As and bonus coaching!
We’ll be there to help you with accountability so that you are going through Stu’s workshop and coming out to the other side with total clarity of what your membership or subscription can look like.
This week’s episode is going to be all about memberships, and I’ve invited one incredible lady who is a TRIBE graduate and member of my Inner Circle Mastermind onto the podcast. It’s Liv Morgan from By Liv!
During this episode, Liv is going to share what prompted her to join TRIBE as a product-based business and how TRIBE has helped her decide what type of membership suits her unique business and her audience. She’s also going to share her top membership tip for those of you who are thinking about starting a subscription or membership in your business.
For your reference, I also went through the four different types of memberships in last week’s episode of Mums With Hustle podcast. If you want to know more about which type of membership best suits your niche or business, go back and listen to the episode just before this one.
Okay... Let’s get into it!
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This podcast is brought to you by Tracy Harris. Explore our offerings to elevate your business:
What would become possible for you if you are able to have reliable revenue coming into your business month after month? What would that do for your business? What would that be able to do for your household?
Memberships can do just that - provide you with a regular income. You may have seen that memberships and subscriptions are popping up everywhere at the moment. That’s because they are an incredible way to serve people online. We live in a digital era and that means everyone’s attention is going to continue to move into the online space.
People are constantly looking for better ways to do things in their life, a new skill to learn, ways to automate and streamline, even the basic everyday needs and wants that they have in their lives without having to leave their homes.
You’re really going to love this episode as you will get a ton of clarity about what a possible membership or subscription could look like for you and for your business.
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This podcast is brought to you by Tracy Harris. Explore our offerings to elevate your business:
If you have a product-based, service-based or information-based business like myself, then you’re going to love this episode! I know so many of you are interested in learning how to bring recurring revenue into your business month after month. And it’s important to note that having regular income reduces stress and increases stability in your business.
This episode is proudly brought to you by TRIBE. An incredible online course and community led by Stu McLaren, one of my main mentors and a dear friend. He is literally the go-to guy when it comes to pitching business owners on how to come up with a recurring revenue model in their business AKA simple monthly subscriptions, whether it’s a service, a product or a membership site.
Back in the day, Karl and I were contemplating having a membership for the Mums With Hustle brand, but we didn’t know what type membership it would be. I’m really glad we did not start pursuing the idea until we started educating ourselves. At first, Karl and I were scared to buy TRIBE because we have not spent that much in an online course. But, it was such an eye-opener!
ABOUT OUR TODAY’S GUEST:
Our guest for this episode is Jessica Donovan, an Inner Circle Mastermind mentee and a TRIBE graduate who is running a thriving membership of her own. She’s a mama of two and a qualified naturopath. Jessica helps mums to raise super kids with healthy food and natural medicines.
This week, Jessica will share how she launched her membership in the early days and her top tip when it comes to running a membership.
Let’s get into it!
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This podcast is brought to you by Tracy Harris. Explore our offerings to elevate your business:
If you are in the early days or seed stage of starting your business, this one is for you! We talked about one of the biggest mistakes a lot of women make when they start their businesses and what those ladies who have existing businesses (and wish to grow them) have missed doing the first time.
A lot of business owners say that one mistake they made, most often their “regret” is not building an audience. When they focused more on the image of their brand - the website, the logo, the colours - they are forgetting that they need an audience when it is the time to launch.
When this happens, the excitement of having a new business becomes insanely stressful and overwhelming. If you’ve asked yourself these things:
- “Who’s gonna buy my product?”
- “How long can I survive in the business without making money?”
- “How do I begin to get clients?”
Then let me help you, ladies, on how to get a clearer picture on who your ideal customers are. If you are already a member Social Method Society, you can access one of our trainings called “Social Beginning” to help you nail that. If you’re not a member yet, you can also check this free related podcast.
So let’s get into it!
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This podcast is brought to you by Tracy Harris. Explore our offerings to elevate your business:
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