Grow a Profitable Online Community!
Jeff Lenning discusses the successful establishment of online communities and membership models, emphasizing the importance of leveraging technology and AI to enhance business efficiency. He explores the transition from traditional consulting to scalable online platforms, the challenges of overcoming fear in making such transitions, and the potential for tax credits related to technological innovations.
The discussion highlights the benefits of creating clear offerings and the value of community engagement in driving business growth.
Takeaways
• Starting a community can lead to significant financial success.
• Leveraging online platforms allows for greater reach and efficiency.
• Transitioning from consulting to membership models can stabilize income.
• Building a community requires patience and gradual development.
• AI can enhance business operations and customer engagement.
• Clear offerings help define customer expectations and reduce scope creep.
• Utilizing technology can lead to innovative tax credit opportunities.
• Community engagement fosters loyalty and long-term relationships.
• Flexibility in work schedules can improve work-life balance.
• Continuous learning and adaptation are key to business success.
Sound Bites
• It's a game changer.
• Take it one step at a time and build it up.
• It's a low barrier to entry.
AI is a really helpful tool for Excel users.
• We might be able to get her like $100,000 back.
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