Signing Up For Premium - Let The Lesson Begin.
I think we can agree that everyone loves to get things for free, but in many cases we find there is a cost associated in taking the next step. All of a sudden the expense becomes an obstacle to moving forward. A luxury car salesman once told me, "they love it and everyone is happy - all of a sudden it gets real when the sales contract and pen comes out".
Our cynicism, experience with the unscrupulous gets the better of us and we don't progress or move forward. In many cases that may have saved you some valuable time and money in the past. "Premium" at WA is a completely different situation, and with the amount of resources presented for free, signing up for Premium, at a discount, was a no-brainer for me. WA was different because Kyle and Carson earned my trust - they gave me enough first.
But in conversations with people in the WA community a thought occurred to me about the whys? and whats? being addressed about the Premium service. Signing up for Premium is in a sense a lesson as much as anything else I've read. I know some of you are saying where is he going with this?? I'm getting there.
In messages with other members, there seems to be a degree of concern on how to monetize our sites? How do I make this into a business? After all that's why the vast majority of us are here.
Just follow our mentors.
You start by offering quality information for free like WA, and you really do some good by providing something useful. I think its important to note that you can't just offer fluff. Smart people will see through it, and I believe there is an element of "karma" here. Whatever you believe in that keeps you doing the right thing, use it. After all - how else are you going to earn that all important trust. With this done you could then offer a subscription for your ongoing, and extended services. Not only does this monetize your site, but you have created an ongoing stream of income from each and every person who signs-up.
I liken it to real estate investing where you can buy and sell a property once for a nice profit, or you can acquire something that will become an ongoing stream of rental income. I have nothing against selling products online, but by creating an ongoing stream of income you will not only increase your revenue, but smooth it out a little bit. Consistent income is a pretty powerful thing given the peaks and valleys associated with straight sales. This is especially important to those of us who think this business might replace a job, or are looking at a retirement supplement; a consistent income, your own personal ATM is incredibly important.
What could be better than having an audience that has committed to you and your site and is asking you for more?
That's the first lesson I got from being encouraged to invest in Premium. This may have been obvious to some of you, but I never claimed to be a genius. I will however be following closely the genius that is around us in this community.
Here endeth the lesson I learned..
Recent Comments
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Hi Greg, you paint a picture when you write, it's a style that I try to produce myself in my writing, you explain the abstract very well, it made me want to read it until the end, which is what we all set out to do. I am sure that you have a great future writing on your websites.
archan - Thank you for your very kind words! I do appreciate you taking the time to give me some feedback and encouragement. I have a few more blogs I've been drafting mentally. I am excited to get them to the digital page as soon as I can. All The Best!
I agree, you are a natural at this. You communicate things in a clear and understandable way. Notice I said "communicate". This is what this entire content thing is going to be about going forward.
Regardless of your audience/niche, we are communicators and we need to connect with our respective audiences in order to see create trust and create relationships (the key components to success).
Thank you for the kind and helpful words Kyle! I find this writing and the website training really enjoyable. Eventually turning this into an income stream will be wonderful!
Hello Greg, well you certainly went for it big time didn't you? This is a good post. I hope you enjoy being with WA. I love it here. Well done and I look forward to watching your successes.
Jackie
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Thank you Jackie! The training is great and has inspired two more blogs..... Stay tuned. All The Best Wishes to You
Hi Greg! Very nicely put! There is a presence of integrity within the WA community. It starts at the top with Kyle and Carson. When one feels trust, they learn how to gain trust. That is why we will all be successful You are going to do just fine here! Thank you for sharing your thoughts!
Thank you for your kind and thoughtful words. I was really excited that someone read my blog, and didn't think I was totally out of my mnd - haha!
All the best - have a wonderful day!
Hey there Rich - I really appreciate you taking the time to read my blog and give me some feedback! I value your opinion.
All The Best to you!
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This all about the benjamies