FL255 - Launch a Product + Affiliate Marketing Tips + Solving Problems + Coaching Business Ideas

Hey Y’all, welcome to another Flipped Lifestyle Podcast Q&A w/ S&J!

In the Flip Your Life Community, we hold a members-only Q&A twice a month where we answer online business questions of our members live on air!

This podcast episode features some of the highlights of these recent live member Q&As to give you a glimpse of how we help the members of our community, and help you as well in online business by listening in.

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Today’s Q&A highlights answer the following questions: 

Question One:

"I formed my beta group with 4 members, yay!! We kick off this week, with weekly live lessons and live office hours, running for 10 weeks. What should be my #1 focus here? My head wants to spyder out to do ALL the things, but I want to make the most out of this opportunity to retain these members and grow that. I think my focus should be to be there for my members, teach, answer all their questions, and regularly ask them what they want next. Interestingly, the 4 members are not at all the avatar I had pictured in mind. So I feel like I have to roll with the punches to morph my membership site to what they asking for."

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Question Two:

"I just gave birth to baby #3 6 weeks ago so I temporarily closed registration to my membership to keep my life from getting too crazy. I'm now feeling ready to get back in the game, open up registration and re-launch. I currently have about 50 members and I'm considering creating some kind of affiliate program for a few members who have been in my program for long enough to vouch for it. My question is- how do I figure out a revenue sharing arrangement when people are paying a monthly fee- and some members stick around for a month, while others stay for a year? It's obviously more straightforward when selling a course for a 1-time fee. Also- given that I'm a certified sleep consultant for babies and kids, and given the fact that I now have a 6 week old at home, how can I leverage my current situation to connect with my audience and add value to my membership? In my membership, I've already started giving them regular updates as to his sleep and what I'm doing so that they can follow my journey with him!"

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Question Three:

"My site’s mission is helping people learn God’s way with money and create financial margin so they can give more generously and start enjoying life again. Product plan is to create courses/lessons on many biblical finance topics from big picture like financial freedom and treasures in heaven to practical topics like tackling debt and biblical investing and generosity. Some will be directly motivational, others may actually be church-style bible teachings. Three brief questions: Do I have to do the get out of debt piece because it’s an ‘aspirin'?  Does the word ‘Courses’ convert better than ‘Lessons?'  I’d like to eventually charge $49/mo, is that realistic when members may be in financial hardship? Do I have to focus on debt because it is the really hard hitting pain point?"

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Question Four:

"Are there key things you like to do when you are holding a coaching session? I'm offering these for sale and would love to know what are your top priorities for making sure that you help someone who has paid for your time. My top guess would be; LISTEN, ask them what they are having TROUBLES with, ask do they have a SUGGESTION or plan, give your suggestions, make an ACTION plan."

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