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Last week on the My First Million podcast, Shaan and Sam discussed some big-money paid communities.
Such as:
- Tiger21: for people with net worth of $10m+ … estimated $24m annual revenue
- Evanta: for C-level executives … estimated $1b annual revenue
- Vistage: for business leaders … estimated $100m annual revenue
- SoleSavvy: for sneaker heads … estimated $160k MRR
Shaan considers paid communities to be the #1 way to earn $10k a month as a side hustle.
He has a free community for people who own ecommerce stores earning more than $100k per month. Only takes him about 3 hours each month to run it. 75 members, and one sponsor paying Shaan $5000 each month.
If you already have a big audience or a strong network, perhaps there’s an opportunity there to create your own profitable community? 🤔