Hey all, I have an established newsletter (10 years) and planning on launching a community. I was going to use Heartbeat for my community (heartbeat.chat/) but know that Skool has been growing in popularity. My question is, why is Skool so popular? I can't seem to wrap my head around it. It seems pretty basic and the design (IMHO) is... ugly/boring. So why are so many people flocking to and promoting school?

You can now transfer ownership of Skool communities so they can be bought and sold 🚀 Communities as an asset class/category will now take off!

Forgive my "business English" pease. 👼I promise that within 12 months I will learn to speak more fluently. However, I believe my deep knowledge of Community M&A transactions, processes, and the overall Community Industry is worth it. Here, I'm sharing with you how I think when I want to acquire a community with business potential. 👇

Two days ago, it was shared in the official Skool community that the first people officially sold their community. Link to the post here + video directly to us. 👇 The price for which they sold it is still unknown to me. If you manage to find out, I’d be grateful! 🙏

Create a low-cost digital asset that can quickly start generating a side income for you and that you can sell within 9 –12 months. HERE'S HOW: 1) Allocate €2,000 from your budget and approximately 10 hours per week for the operation of this digital asset over the next 6–12 months. 2) Whenever you're about to do something, ask in Acquire Community and validate your thoughts with the other acquirers into the community industry. 3) Conduct a Community Investment Audit of the communities you’re already investing in. You don’t need to buy mine; a Google Sheet and about 8 - 16 hours of your time will suffice. 4) Define the primary topics that interest you. 5) Purchase a cool domain that clearly represents the focus of the community you want to create, like mine acquirecommunity.com, leavingsocials.com, or acquire4exit.com. 6) Set up a paid community on Skool. I recommend starting with a $9 monthly membership fee connect it with the domain. 7) Onboard the first 50 people from mainstream social networks and your contact list without charging them. Choose only those who have helped you advance in your career or who could help you move forward, but don’t be too accommodating. 8) Remember that from the 51st member onward, the membership must be paid! 9) Scale your community to 200 paying members within 2 - 3 months to recoup your investment by having each member pay $9 at least once. 10) Create a profile on a digital asset marketplace. I recommend Flippa.com, which I personally use. 11) List your community for sale. Set the price at monthly revenue x 12 months x 3 years. 12) Once your community is listed among your digital assets, focus more on quality than quantity. Instead of "massive" recruitment of new members, concentrate on encouraging existing members to renew their memberships regularly and to stay with you.