New Year New way to make some money - podcast episode cover

New Year New way to make some money

Jan 21, 202515 minSeason 1Ep. 1
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Episode description

Okay, here's a detailed briefing document summarizing the key themes and ideas from the provided sources on Skool and Skool Games:

Briefing Document: Skool & Skool Games

Introduction

This document analyzes two sources that focus on the Skool platform and the associated "Skool Games," a program led by business growth expert Alex Hormozi. The primary aim is to outline how individuals can leverage Skool to build thriving online communities and generate significant income, specifically targeting $20,000 per month or more. The core message emphasizes that Skool isn't just a platform; it's a system for building engaged communities, monetizing them effectively, and scaling businesses. https://www.skool.com/games?ref=d791581a333d49c58f3168eef4f87f02

Core Themes and Concepts

  1. Skool: A Community-Focused Platform
  • Definition: Skool is described as an online community platform that combines "the best elements of online learning, social interaction, and community building." It's a hub where users can share courses, host discussions, and engage with members.
  • Key Features: Skool facilitates teaching, member connection, and monetization all in one place. It's not just about content dumping but about creating interaction and relationships.
  • Target Users: Coaches, course creators, influencers, and anyone aiming to build a community around a specific skill or interest.
  • Emphasis on Engagement: The platform’s design is geared towards fostering active participation through gamification elements. "The more engaged your community is the more they'll stick around and pay to be part of it."
  1. Alex Hormozi & Skool Games
  • Hormozi’s Role: Alex Hormozi, a noted business growth expert, partnered with Skool’s founder to create Skool Games. He’s an authority on scaling businesses and profitability.
  • Skool Games Concept: It’s a gamified contest where Skool community hosts compete to attract the most paid members. "School games is a gamified contest designed to help you grow your community and maximize your Revenue on school."
  • Rewards & Learning: Participants earn rewards based on community growth and revenue generation. However, the "true value of school games" lies in the access to knowledge, insights, and strategies from Alex Hormozi and other successful community builders through monthly live workshops.
  • Learning Opportunity: Participation, even without winning, provides "gamechanging advice on growing your community, improving your engagement, and driving Revenue."https://www.skool.com/games?ref=d791581a333d49c58f3168eef4f87f02
  1. The 5-Step Strategy to $20K/Month
  2. The sources outline a clear 5-step strategy for achieving a $20,000 per month income goal using Skool and Skool Games: https://www.skool.com/signup?ref=d791581a333d49c58f3168eef4f87f02

Transcript

All right, so are you ready to dive into something that could like actually maybe change your bank account balance? Ooh. And possibly even your life? We're gonna talk about making serious money online. Okay. Like enough to finally upgrade from those ramen noodles to like, I don't know, at least gourmet ramen noodles. Ambitious goals. Right. But hey, a good bowl of ramen can be motivating.

Exactly. Yeah. So the past to those gourmet noodles might just be through building a thriving online community. Interesting. We're gonna dissect this YouTube video by Ben Analyst and he breaks down how to make potentially 20 grand a month using school. Wow. It's an online community platform and this thing called School Games. School Games, okay. The contest meets community growth. And it's all orchestrated by like the business guru, Alex Hormozzi. So turning your community building into a game.

Right. Sounds interesting. It's like leveling up your business, but with real world rewards. I like- What exactly IS School? Ben Analyst describes it as like this one stop shop for online communities you can teach, you can connect with your members. And most importantly, you can monetize everything all in one platform. The key here it sounds like is that it's not just about posting content and hoping for the best. Right.

Yeah. It's about cultivating a sense of belonging, a place where people feel valued and want to actively participate. That's what drives true engagement. And that's where the genius of School Games comes in. Okay. Imagine competing with other school users to grow your paid membership base. You're climbing the leaderboard for a chance to win prizes. Oh, I see. So it taps into our innate competitive spirit that drive to achieve and be recognized. Exactly. Turning business growth into a sport.

And even if you don't end up on the podium, you're still gaining valuable knowledge from the School Games experience. Yeah. You got monthly workshops, insights from Alex Hormozzi himself. Think of it as earning XP for your business, even if you don't snag the gold medal. I like it. But before we get ahead of ourselves, let's break down Ben Analyst's five steps to potentially reaching that 20k a month goal. All right. Starting with the foundation of it all, building an engaged community.

The foundation. He emphasizes the word engaged for a reason. OK. It's not just about having a bunch of people in your group. It's about having people who are active, invested, and contributing to the community. Absolutely. A group of passive bystanders won't get you very far. It's about fostering that vibrant interactive environment where people feel like they're part of something special. That's where the magic happens.

So how do you build this community that practically vibrates with engagement? Right. Ben Analyst drawing on Alex Hormozzi's wisdom. He breaks it down into three key components. All right. I'm right. First, you got to find your niche. And the tighter the better. The tighter the better. He uses the example of a fitness coach who focuses specifically on helping new moms regain their pre-baby bodies. OK. It's targeted. It's in demand. And it's a clear value proposition. I like that example.

It's not just fitness coach. It's laser focused. Exactly. That specificity helps you attract the right audience and build a community with shared goals and interests. Exactly. Next, you need to provide consistent value. Make exclusive content. Q&A sessions live. Calls challenges. Anything that gives your members a reason to stick around and keep coming back for more. It's all about delivering on that initial promise. Right.

Demonstrating that you're invested in their success and providing them with tangible benefits for being a part of your community. And finally, you've got to engage constantly. School has all sorts of built-in gamification features like points, levels, and leaderboards that can help you keep those interactions flowing. It's about turning community participation into something fun and rewarding. I see how that ties into the whole school games concept. Right.

It's about creating a culture of engagement, not just within your community, but within the broader school ecosystem as well. Now, having this thriving community is great, but we all know money talks, especially when you're trying to upgrade to Gourmet Ramen. Right, money talks. So how do we turn this engaged community into cold hard cash? Yeah. How do we? That's where step two comes in. OK, step two. Monetizing with memberships. He's all about that recurring revenue. Oh, recurring revenue.

That beautiful, predictable income that keeps your business humming along. OK. And memberships are the perfect way to do that. OK. Ben Analyst actually dives into a few different monetization models in the video. Multiple options. I'm all yours. He starts with the classic free-to-paid approach. Classic. You build up a free community. You establish your expertise and value, and then down the line. OK. You transition it to a paid model. Gotcha.

Maybe grandfathering in those early supporters who were there from the beginning. It's a smart strategy, building that trust first before asking for a financial commitment. It shows you're not just about the money. You genuinely care about building a valuable community. Exactly. And for those who are feeling extra confident in their offerings, there's always the option to launch directly as a paid community. OK. So you're going straight for it. But, and this is a big BUT. Big BUT.

You need a seriously strong value proposition right out of the gate. That's crucial. You have to convince people that what you're offering is worth their hard earned cash from day one. No room for wishy-washy promises. You've got to deliver the goods. Deliver the goods. Now, another option Ben Analyst throws out there is the tiered membership model. OK. Different levels of access, different benefits, different price points.

It's all about catering to a wider range of needs and budgets within your community. That makes a lot of sense. Not everyone needs or can afford the VIP experience, right? Right. But even those entry level members can still feel like they're part of something special. Exactly. It's like building a multi-level community mansion with something for everyone. I like it.

Now, I don't know about you, but just thinking about that steady stream of membership income makes me want to treat myself to a slightly fancier, instant ramen. Maybe with an egg this time. Well, hold on to that egg for a second, because step three might just be the key to unlocking that gourmet ramen lifestyle. It's all about leveraging the power of challenges. Challenges, huh? Sounds like something out of a reality TV show. But for entrepreneurs. Think of it this way.

Ben Analyst highlights how challenges provide that structure and accountability that so many of us crave. It's like having a personal trainer for your business goals. And let's be honest, we all love a little bit of competition, right? Yeah. Challenges life. Tap into that competitive spirit, pushing us to achieve more than we thought possible. Exactly. And it's not just about individual growth. It's about fostering a sense of community as everyone works towards a common goal.

Plus, and this is where things get interesting for our bank accounts, challenges can be monetized. OK. You can charge for participation, offer premium support, or create upsell opportunities, all while building that sense of camaraderie and achievement within your community. It's a win-win for everyone involved. Right. And the best part, challenges can be tailored to any new share industry.

Whether you're helping people launch their own businesses, lose weight, write a novel, or finally declutter their homes, there's a challenge format that can work. So we've got our engaged community. We've got our membership revenue rolling in. We're crushing challenges left and right. OK. But what if we want to take things to the next level? It's level, OK. What if we're ready to trade in those ramen packets for a Michelin star dining experience? Ah, aiming for the culinary stars.

Right. Well, in that case, Ben Analyst Step 4 is calling your name, offering high ticket services. High ticket services. That sounds fancy. Like private jet fancy. Think of it as packaging your expertise into a premium transformative experience. OK. It's about delivering results, not just information. So instead of just sharing tips and tricks in your community, you're offering a more personalized in-depth service that helps people achieve their goals faster and more effectively.

Exactly. Ben Analyst uses the example of a digital marketing expert who offers a $5,000 group coaching program to help business owners scale their marketing efforts. Wow. It's a high investment, high return proposition. Now I know what you're thinking. What am I thinking? Who would pay that much? But remember, you've already established yourself as an expert in your community. You've built trust. You've demonstrated value.

And now you're offering a premium service that caters to those who are serious about taking their business or their life to the next level. It's about recognizing that your knowledge and experience are valuable and there are people out there willing to invest in that value. And the best part? You could potentially hit that $20K a month goal with just a handful of high paying clients. Imagine that. Finally ditching the instant ramen and having a personal chef whip up gourmet meals every day.

OK, maybe that's a bit over the top, but you get the idea. I'm getting hungry just thinking about it. But before we all book reservations at the fanciest restaurant in town, let's not forget about step five, the one that brings us back to the game. Using leaderboards and gamification to keep those engagement levels sky high. Back to the game, huh? So it's not just about the prizes and the competition. It's about integrating that game-like experience into the entire community.

Exactly. Ben Analyst really emphasizes the power of schools built in gamification features. Leaderboards, points, badges, levels, all those little things that trigger our reward centers and make us want to keep coming back for more. It's like turning your community into a virtual playground where people are learning, growing, and having fun at the same time. And remember those insights from Alex Hermosi we talked about earlier?

Yes. He's a firm believer in the motivating power of competition and rewards. It's human nature we all want to win to be recognized, to see our progress reflected in a tangible way. And the beauty of it is the more engaged your community is, the more likely they are to invest in what you offer, whether it's memberships, challenges, high ticket services, or anything else you dream up. It creates a virtuous cycle. Engagement drives revenue.

Revenue allows you to invest more in your community, and the cycle continues. It's a win-win for everyone involved. It all sounds so exciting, almost too good to be true. But before we get ahead of ourselves, let's hear what Ben Analyst has to say in his concluding thoughts. Maybe he can sprinkle in a dose of reality to balance out all this optimism. OK, so we've explored those five steps. And I mean, it all sounds pretty enticing.

Yeah. But is it really possible to make 20k a month using school and school games? Right. Or are we setting ourselves up for, you know, like a ramen flavored disappointment? Well, it's a valid question. And Ben Analyst doesn't shy away from it in his concluding remarks. OK. He emphasizes that while the potential is certainly there, it's not like a guaranteed pass to riches. No but rich quick schemes here, folks. Right. You've got to put in the work just like any other business venture. Exactly.

School and school games provide the tools and the guidance. But ultimately, your success depends on, you know, your niche, your expertise, your dedication, and of course, your marketing skills. It's like having a state-of-the-art kitchen, but you still need to know how to cook. Right. You can't just throw a bunch of ingredients together and expect a Michelin star meal. Exactly. And Ben Analyst stresses that school is designed to be simple and effective.

OK. You don't need to be a tech whiz or a marketing guru to get started. So you're saying even if we're currently feeling more like a ramen noodle novice? Right. Then a gourmet chef in the business world, school can help us level up those skills? Precisely. And don't underestimate the power of those monthly school games contests. Yeah. They keep you motivated, accountable, and constantly learning from the best.

It's like having a personal trainer and a supportive team cheering you on every step of the way. And speaking of support, Ben Analyst really highlights the community aspect of school games. Oh, the community aspect. It's not just about competition. It's about connecting with like-minded entrepreneurs who are all on this journey together. So it's like a mastermind group. Right. Meets a support group with a healthy dose of gamified motivation thrown in. I like it. I like it.

So for our listeners out there who are ready to take the plunge and dive into the world of school and school games, what's the first step? What is the first step? You know where I'm going with this. Head over to the link in the description. Of course. That magical portal will transport you directly to the school website where you can explore the platform, check out pricing, and even sign up for a free trial. It's like a free taste test before you commit to the full ramen buffet. I like that.

And while you're exploring, think about your niche. Remember the tighter the better. Titer the better. What specific problem are you solving? Right. What unique value can you offer to a targeted audience? Think about it this way. If you're trying to build a community around everything, you're essentially trying to please everyone. Right. And as the old saying goes, trying to please everyone pleases no one. Wise words. Focus on your strengths, your passions, your expertise.

What knowledge do you have that others are eager to learn? Once you've got that niche nail down, it's time to start building that community. All right. How do we do that? Create engaging content, host live events, spark discussions, and don't forget those gamification features to keep things fun and interactive. And most importantly, don't be afraid to monetize your efforts. Right.

Explore those membership options, create irresistible high ticket offers, and find creative ways to generate revenue while providing exceptional value to your members. Remember, building a thriving online community is a marathon, not a sprint. It takes time, dedication, and a willingness to constantly learn and adapt. But as Ben Analyst's video demonstrates, the potential rewards can be significant, both financially and personally.

So for those of you out there who are dreaming of building a business that fuels your passions and allows you to finally ditch those instant ramen noodles, take that first step, click that link in the description, explore the world of school and school games. And who knows, maybe we'll see you on that leaderboard someday. And even if you don't hit that 20K a month mark right away, remember, the journey itself is incredibly valuable.

You'll be building a community, sharing your knowledge, and making a real impact on the lives of others. And who knows? Maybe those gourmet ramen noodles will taste even sweeter, knowing you build a successful business from the ground up. Until next time, keep learning, keep growing, and keep diving deep.

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