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How to Build a $100,000 Online Community in 3 Easy Steps - Mighty Networks Founder | 062

How to Build a $100,000 Online Community in 3 Easy Steps - Mighty Networks Founder | 062

Episode 62 Published 1 year, 2 months ago
Description

Today I'm joined by Gina Bianchini, founder of Mighty Networks, to discuss what her data shows makes online communities succeed or fail.


Gina shares her frameworks for creating engagement between members and reveals the one metric that predicts a community's success with 93% accuracy. We dive into specific strategies around transitions, monthly themes, and daily engagement that keep members active.


You'll learn how to build genuine connections between members, identify the right people to seed your community, and create lasting value that has members sticking around long-term.


Timestamps:

00:00 Building Your Own Community

01:20 Signs Your Community Will Fail

05:04 How to Make Money from Your Community

07:05 Turning Around a Dying Community

08:24 The Role of Network Effects

09:19 Creating Member Engagement

14:47 Creating Community Engagement with Monthly Themes

20:07 How to Use Polls to Drive Community Interaction

24:36 Facebook Groups vs Dedicated Community Platforms

32:23 What is People Magic and Why It Matters

36:35 Creators Defining Their Own Terms

38:44 Positioning Your Community: Force of Choice vs Comparison

40:59 Building Long-Term Community Success

45:13 Using Nominations to Grow a Paid Community

50:42 When to Revive vs Restart a Community

53:23 How Member Connections Drive Growth

01:06:41 Closing Thoughts


If you enjoyed this episode, please like and subscribe, share it with your friends, and leave us a review. We read every single one.


Learn more about The Nathan Barry Show: https://nathanbarry.com/show 


Follow Nathan:

Instagram: https://www.instagram.com/nathanbarry 

LinkedIn: https://www.linkedin.com/in/nathanbarry 

X: https://twitter.com/nathanbarry 

YouTube: https://www.youtube.com/@thenathanbarryshow 

Website: https://nathanbarry.com 


Follow Gina:

LinkedIn: https://www.linkedin.com/in/ginabianchini 

Instagram: https://www.instagram.com/gbianchini 

X: https://twitter.com/ginab 


Featured in this episode:

Mighty Networks: https://www.mightynetworks.com 

Christopher Lochhead: https://lochhead.com 

Eddie Yoon: https://www.eddiewouldgrow.com 

Mastermind Talks: https://www.mmt.community 

Creator Flywheels: https://creatorflywheels.com 


Highlights:

06:19 The Problem of Churn in Communities

44:38 The 70/30 Rule for Community Growth

01:00:22 Mighty Networks + Kit Collaboration

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