Marketing Against The Grain

How To Build A $20k/month Community Business (Beginner’s Guide) | Greg Isenberg (#187)

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Jan 2, 2024
Greg Isenberg, CEO of Late Checkout, shares his insights on building community-driven businesses. He differentiates between an audience and a true community, stressing the importance of authentic engagement. The discussion covers the TRIBE framework and how to turn customers into loyal advocates. Isenberg also highlights the challenges and strategies of creating exclusive communities, emphasizing uniqueness and connection in a crowded market. He warns that as AI evolves, only well-established communities will thrive, making community equity vital for success.
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ANECDOTE

Soho House Example

  • Soho House's popularity and exclusivity demonstrate the high demand for curated community experiences.
  • However, their success also reveals the challenge of balancing growth and maintaining quality.
ADVICE

Milestone Focus

  • Instead of broad categories, define communities by milestones, like "founders who completed YC."
  • Connect people with outcomes because individuals seek value in their memberships.
ANECDOTE

Rafa Example

  • Rafa, a cycling apparel company, successfully built a community around a shared milestone of improving cycling skills.
  • Their membership model and gear create a flywheel of increasing community commitment.
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