9 April 2023 · by Tracy · Blog · Podcasts · memberships

MWH 377 : The Power of Recurring Revenue: Top Tips For Starting a Membership with Stu McLaren

In this week’s episode, I have the pleasure of welcoming back my very good friend Stu McLaren to talk about the power of recurring revenue and how to create stability for your…

In this week’s episode, I have the pleasure of welcoming back my very good friend Stu McLaren to talk about the power of recurring revenue and how to create stability for your business!

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Subscriptions are the business model of the future, and Stu is the absolute best person to demonstrate how to implement them successfully. Since 2008, Stu has been working intimately with tens of thousands of authors, speakers, coaches, consultants, and business owners to transform what they know, love, and do into recurring revenue by launching, growing and scaling 6, 7 and 8-figure membership businesses.

The Power of Recurring Revenue

Listen to this episode to learn:

  1. What is recurring revenue and how does it create stability in a business
  2. What are some ways that a product based business can have recurring revenue?
    1. Service
    2. Coach
    3. Course creator
  3. Top tips for starting a membership from scratch
  4. How do you know it's time to start a membership?
  5. Launching with no content
  6. Can you have a membership if you have a small audience?

If you want to know more about recurring revenue, I highly encourage you to join me in Stu’s workshop! Go to tracyharris.co/membershipworkshop to sign up. If you did it last year, come and do it with me again.

This is literally my fifth or sixth year. I’m just taking things to a deeper level, taking things, taking the information to mastery. I love to rally and run alongside all of my ladies, but also I’m taking my own knowledge to a deeper level every time. So come along and do it again with me.

Until next week, stay happy in your hustle.

CONNECT WITH STU

Instagram: @stumclaren Facebook: www.facebook.com/stumclaren Twitter: @StuMcLaren Youtube: @StuMe Tiktok: @StuMcLaren

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