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Episode 3: $1.5 Billion for a Membership Site? Membership Site Dream Team

By Ravi Jayagopal | Podcast

WordPress, Theme, Membership Platform, Media Hosting & Payment Processor

 

Let’s do a quick flashback. Back in April 2015, LinkedIn purchased online learning website Lynda.com for a cool $1.5 Billion. Lynda.com, at its very core, is nothing but a membership site offering online courses with videos and checklists and PDF document downloads.

So when you have a membership site that earns recurring revenue, you increase the value of your business as a whole, and it will be easier to sell your site to a prospective buyer in the future, if you ever decide to walk away from it all.

So a web site with recurring revenue has greater lifetime customer value, which will help you sell your site for a lot more than if you had just one-time products. Which is why a site like Lynda.com could get a valuation of 1.5 billion. Of course, they had millions of members, but the point is, that they weren’t just regular members, but members paying a monthly fee.

And you too can create your own mini version of Lynda.com.

Here are the 5 members of my Membership Site Dream Team:

1) Content Management System
2) Theme
3) Media Host
4) Payment Processor
5) Membership & Marketing Platform

So which ones did I choose for my dream-team? Listen to the show to find out 🙂

Cheers!

Ravi Jayagopal

Episode 2: DOGPOO vs DOSAA, Apple’s New Membership Model, How To Get Ripped To Shreds On SharkTank & Trolling My Own Indian Accent

By Ravi Jayagopal | Podcast

Even Apple – a $700 Billion Company – Can Benefit From Starting A Subscription Program

10/03/2015
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Episode 1: Making, Marketing & Monetizing Your Digital Content

By Ravi Jayagopal | Podcast

How To Create A Successful Long-Term Business With Online Courses & Membership Sites Using Recurring Subscriptions

9/25/2015
SubscribeMe.fm by Ravi Jayagopal Making, Marketing & Monetizing Digital Content w/ Membership Sites & Online Courses - Ep #1 9/25/2015
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