Premium Database Partners

Shaan suggests using a premium database of internet research tools as a way to build a high-value community rather than focusing on direct monetization. The strategy leverages premium pricing to attract quality members who could become future partners or opportunities.

Key Points:

• Target Audience:

  • People with disposable income interested in internet research tools
  • Not mass market - specifically for people like Steph who enjoy finding interesting things online
  • Quality over quantity approach to community building

• Monetization Strategy:

  • Charge around $99-100/year for access
  • Don't focus on maximizing direct revenue
  • Use it as a "honey pot" to attract valuable connections

• Value Creation:

  • Primary value comes from community building, not direct monetization
  • Potential outcomes:
    • Investment opportunities
    • Valuable introductions
    • Future business partnerships
    • Serendipitous connections

• Long-term Strategy:

  • Build goodwill and reputation first
  • Focus on quality of members over revenue
  • Use as foundation for larger opportunities later
  • Create bandwidth for bigger future projects