Here Are Areas Where You Can Start Paid Communities Right Now

About this video

Sam and Shaan explore paid communities as a business model, discussing why certain professional groups (nurses, Google Sheets users, senior engineers) are ideal candidates for community-based businesses. They share concrete examples, including the Nurse Life Instagram account’s partnership with Bala shoes and Sam’s Club LTV e-commerce community, to demonstrate how communities can generate significant recurring revenue with relatively minimal ongoing effort.

Key takeaways

• Sam identifies three high-potential communities: nurses (underappreciated, large population, employer-sponsored potential), Google Sheets enthusiasts (large user base, profitable skill-building precedent with Excel), and senior engineers (scarce expertise, private knowledge not available online)
• Sam’s Club LTV e-commerce community generates $5,000/month in sponsorship revenue from just one sponsor with minimal time investment (~1.5 hours monthly for events), while remaining free to members to maximize attendance and sponsor ROI
• The strongest communities have gatekeeping (high barriers to entry increase perceived value), shared identity/grievance (us-versus-them mentality), and provide information unavailable publicly—making $10,000/month a realistic side-hustle goal with 500 paid members at $20/month

Episode details: published March 15, 2021 · 3.1K views · 16:23 long. Summary written by Self Growth Videos from the episode itself. The business ideas, figures and results discussed are the hosts’ and guests’ own claims, shared as brainstorming and entertainment — not verified facts and not investment advice.

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