5 tips to run + grow a paid community
If you’re looking for a way to generate $10,000 a month of passive income and crave more free time to enjoy your life, running a paid business community is a great career path. However, if you’re unfamiliar with the idea of running one of these businesses or need some tips to ensure the group runs smoothly, you’ll need to follow our top five tips to run a thriving paid community.
1. Create your community culture
When you establish a community, it’s your job to help set the tone of the space. This usually means you’ll need to post a lot of your own content at first. However, once your community grows and starts posting according to your tone, your community will essentially run itself.
2. Create value for your members
Members of your community are joining because they want to find tools, content, and individualized information that they cannot find anywhere else. This might include teaching a specific skill set or providing unique industry knowledge.
3. Host one group event each month
In order to facilitate stronger connections throughout your community, host a group event each month where you have members share what works for them and what they need help with to be more successful.
4. Keep it small to foster connections
Don’t try to create a massive community as it adds too much noise to the space. Instead, focus on adding high-quality members to foster connections and create exclusivity.
5. More followers? More content
If you decide to create a giant community, be prepared to serve the needs of your members. Members who join more extensive networks want a higher volume of quality content posted every day.
Find your niche before starting a community
Paid business communities can offer their members a ton of value if they’re designed for a curated audience to share their knowledge or work towards the same goals. Examples of this might include a digital club for E-commerce owners who generate $100k per month or a stock trading group that provides more value to your group members.
Paid business communities can offer their members a ton of value if they’re designed for a curated audience to share their knowledge or work towards the same goals.
Think about what you want your community to be known for. Do you hold a specific skill set that is valuable to others, or do you have a particular passion that’s not represented? Make sure to narrow it down and find your niche to ensure you’re capturing quality members and retaining membership in your group.
In conclusion, create a paid community for your audience
If you have an audience and want to start a business overnight, Declaration might be the right place for you. There are many benefits to using the Declaration platform, including the non-existent cost to start your community, the networking tools, an easy-to-use dashboard, and the ability to leverage the networking effect to scale your membership quickly. For example, charge $20 a month and add 500 members to generate $10,000 a month. The Declaration platform was designed to help you start your dream career. Create a space now on Declaration and dare to be great.
