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Beginner Maps

Beginner Maps

Nityesh and Piyush

Interviews with operators of top community business where they share their secret magic sauce. Learn the best of what operators of top community businesses have already figured out.

41 - Hosting masterminds that lead to a ridiculous retention rate
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  • 41 - Hosting masterminds that lead to a ridiculous retention rate

    Ryan Wardell is the CEO and cofounder of Startup Sauce, a private membership for SaaS founders outside of Silicon Valley doing $5k+ in MRR.


    This community is special for a couple of reasons:


    1. It's members are super accomplished CEOs who only have extremely nice things to say about the community


    2. The guy who runs it, Ryan, is not a "startup expert". In fact, he has never even been a SaaS founder.


    In this episode, Ryan shares his "magic sauce" that has allowed him to get there.


    Resources:


    Beginner Maps, our free email course containing the "magic sauce" of top communities - https://beginnermaps.com/ Startup Sauce, Ryan's community for founders doing $5k+ MRR - https://www.startupsauce.com/ Ryan's master list of 320+ places for SEO backlinks - https://www.startupsauce.com/list Ryan's LinkedIn - https://www.linkedin.com/in/ryanwardell/ Nityesh's LinkedIn - https://www.linkedin.com/in/nityeshaga/


    Chapters:


    0:00 Intro

    02:43 Startup Sauce stack

    05:47 Aha-moment masterminds

    07:58 Magic number for a mastermind

    10:23 Making introverts feel comfortable

    14:30 Magic sauce: matching people

    20:18 Facilitation tricks

    20:57 Tangent: Hiring a rockstar community manager

    23:06 Facilitation tricks contd.

    23:50 Giving people a reputation

    27:10 Don't pretend to be the expert

    28:26 Getting ridiculous retention

    30:45 But why $33/month???

    33:18 Screening calls for new members

    36:29 How he really makes money

    42:13 Ryan's future end game

    44:00 Why the 5k MRR barrier

    48:45 The idea

    52:12 First 20 customers

    01:01:05 Content marketing miss

    Mon, 27 May 2024 - 1h 08min
  • 40 - How to host 200+ meetups in 35 countries in one year

    Shreman Shrestha is the Head of Community for the Friends of Lenny’s Slack community. This community comes bundled with the Paid subscription for Lenny’s Newsletter and at the time of recording there are 17k+ members in here.


    In this episode, Shre discusses how this community is able to organise 200+ in-person meetups per year, challenges with organising a great mentor matching program, working with volunteers and more.


    Resources: • Beginner Maps - free crash course on building a community business - ⁠https://beginnermaps.com⁠

    • Curated Connections, the community engagement app - ⁠https://curatedconnections.io/⁠

    • Shreman's Twitter - https://twitter.com/itsDrDrewithaSh/

    • Lenny's community + newsletter - https://www.lennysnewsletter.com/p/community

    • Nityesh's Twitter (host) - https://twitter.com/nityeshaga/

    Chapters: 0:00 Intro

    03:09 Lenny's community persona

    04:33 Why people join the community

    09:12 Increasing retention

    10:52 Shre's story

    13:10 Shre's responsibilities

    17:52 Member-led city meetups

    22:18 Guidelines for meetup hosts

    25:29 Finding hosts

    26:45 Financials of a meetup

    28:21 Dealing with low attendance

    31:46 Mentor matching program

    37:07 Workbook for mentor and mentee

    38:54 Building a great volunteer program

    42:49 Advice for creators with audience

    48:33 Observing members to get new ideas

    Fri, 17 May 2024 - 50min
  • 39 - How to build a community business that does $400k+/yr

    Daniel Vassallo is the cofounder of Small Bets - a private community membership for indie hackers, solopreneurs and wanna-preneurs.


    This community recently crossed 5000+ paying members and has been doing $400k+ in annual revenue every year since its inception ~2 yrs ago.


    Daniel is a guy filled with hot original takes. He does things differently in this community and it works. Things like charging a one-time fee for a lifetime access or paying guests to do live classes in the community. Or, even the existence of this community itself, which is more than 5,000 members strong, but still very engaged.


    Needless to say, Daniel has been a dream guest of mine and this is one of my personal favourite interviews.

    Resources: • Beginner Maps free crash course on building a community business - https://beginnermaps.com/

    • Curated Connections, the community engagement app - https://curatedconnections.io/

    • Small Bets - https://smallbets.co/

    • Daniel's Twitter - https://twitter.com/dvassallo

    • Nityesh's Twitter (host) - https://twitter.com/nityeshaga/

    Chapters:

    0:00 Intro 03:31 Why pay guest speakers for live classes? 07:45 Paying as a filtering mechanism 11:45 Daniel's selection process 15:49 Hot takes for running a great Zoom class 20:22 ROI of a repeat class 23:18 Lifetime membership - a great business strategy? 32:26 Overdelivering as a marketing strategy 34:30 Referrals 36:38 Why Daniel doesn't like doing surveys 38:45 Case study from a lifetime customer 41:37 Negative referrals from churned members 42:58 Case for recurring subscriptions 44:52 Small Bot 52:22 The failed community business 57:32 Small Bets origin story 01:00:56 New revenue streams
    Tue, 07 May 2024 - 1h 10min
  • 38 - How to build courses that busy professionals love

    Kyle Hagge led the community efforts at Morning Brew's Learning division as a Director of Community. This interview is a “reflection episode” where Kyle takes us back to this time and shares his “magic sauce”. Among other things, he shares how his team decided which courses to pilot, why he chose Circle to host the community and why it's a good idea to automate connections. Resources: • Our free crash course where you can learn the "magic sauce" of top communities - https://beginnermaps.com/ • Curated Connections, the tool that allows communities to automate connections - https://curatedconnections.io/ • Kyle's LinkedIn - https://www.linkedin.com/in/kylehagge • Kyle's Twitter - https://twitter.com/kylehagge • Nityesh's LinkedIn - https://www.linkedin.com/in/nityeshaga/ • Nityesh's Twitter - https://twitter.com/nityeshaga/ Chapters: 0:00 Intro 02:55 What was Learning Brew? 05:36 Deciding which courses to run 10:27 Making a boring old topic interesting 12:53 Alumni Advisory Board 17:56 Transforming students through discomfort 22:28 Recording acceptance videos 24:52 Tracking outcomes 27:01 Engineering connections through automation 29:55 Circle vs Slack vs Zoom 35:28 Creating a party at virtual events 39:39 Breakout rooms 42:02 Final advice for community builders

    Thu, 02 May 2024 - 49min
  • 37 - Bootstrapping a paid community to 100+ paying members

    Charlie Ward is the founder of Ramen Club - a private community of 300+ bootstrapped SaaS entrepreneurs that gives them the support and education to grow their business.

    In this interview, Charlie shares the origin story of Ramen Club, how he organises the masterminds, how he organises in-person meetups in different cities of the world and more.

    Resources:

    • Curated Connections (our tool to connect your community members) - https://curatedconnections.io/

    • Get Powerup (Charlie’s Slack app for creating leaderboards) - https://www.ramenclub.so/studio-ramen/powerup-app

    • Ramen Club - https://www.ramenclub.so/

    • Charlie’s Twitter - https://twitter.com/charlierward/

    • Nityesh’s Twitter - https://twitter.com/nityeshaga/

    Chapters:

    0:00 Intro 02:13 What's Ramen Club 10:58 First 10 customers 15:04 Next 100 customers 17:52 Building tools for marketing 21:21 Event recordings to podcast 26:36 Organising masterminds 37:15 Organising local meetups 46:27 Charlie's engagement strategy 50:22 Favourite book on community 52:45 His accountability tool for communities

    Mon, 22 Apr 2024 - 56min
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