MFM #160: How to Build a Paid Community Making $20M a Year

The Hustle presents - My First Million. A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us.

0:00 Intro
2:08 Tiger 21, a peer group doing 20m+ in revenue
18:13 Sole Savy, a sneaker community that started on Slack
21:04 What makes communities and paid group work
24:03 Community ideas you can start right now
31:57 Why communities are great and how Shaan built one quickly and profitably
39:59 What is inertia and why it's stopping you
53:40 The Dave Selinger of Deep Sentinel interview
1:12:40 Dave applies the principles of Deep Sentinel for other sectors
1:19:02 Why Shaan and Sam might invest in Deep Sentinel