Colin Theriot – Micro Membership Training – Minimal Memberships For Massive Profits
The idea with micro-memberships is to create plenty of opportunities for different subscriptions that are very cheap and low effort – around $10 a month. You promote these in a rotating manner, getting new members for each one day by day.
Until eventually, you are getting $100s a day, every day, completely passively. Then eventually $1000s. It grows and grows.
I’ve set up three micro-membership subscriptions myself in the past week, and they are already making me over $1000 a month and growing each and every day.
The basic idea is to get paid for work or research you wanted to do anyway. You’re just sharing what you learn with an audience for a monthly fee.
One cool thing about the model is you find “feeder content” from elsewhere that you can analyze and comment on. Totally solves the problem of writer’s block and racking your brain to come up with new content every month.
Instead of dumping out his knowledge (like most experts) and worrying about running out of content, he’s adding to his knowledge and improving himself.
For example, one micro membership he sells is to copywriters. He gets on the mailing lists of televangelists, gets letters in the mail seeking donations and he breaks down the persuasion tactics he sees in those letters. His main cost was the fee to rent the post office box.
Another micro membership is a private email list of copywriting assignments. He gets clients approaching him all the time looking for copywriters. So he lists all the assignments into a spreadsheet and sends it to his paying subscribers who are looking for work.
Another one is he has a big library of marketing books. He reads the books, extracts the biggest takeaways and shares with his subscribers.
Mark Manson had this great phrase that goes “find ways to monetize your free time,” and I think that’s the beauty of Colin’s micro membership model.
Before, his research and reading would be “lost time” – which takes time away from his paid work. Also less likely to get done because work would be the priority and he may be too tired after working to do his leisure reading.
With the micro memberships, it becomes “found time” – where he gets paid to do stuff he wanted to do. Also because he’s getting paid he’s more likely to do it rather than procrastinate and put it off. Money, deadlines and an expectant audience are good motivators.
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Archive: https://archive.ph/wip/cNBiY
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