Community Sponsorship Model
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Sam proposes a minimal-effort community monetization strategy for his 3,000-member Facebook group (former Trends community) that maintains quality while generating enough revenue to support a community manager.
Key Points:
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Current Community Stats:
- 3,000 members
- Dozens of posts per day
- Members are small business owners ($100k-$1M revenue range)
- High engagement and natural traction
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Monetization Strategy:
- Implement 1-2 sponsors per month
- Generate enough revenue to pay a salary for a community manager
- Keep community free for members
- Maintain quality and engagement
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Management Approach:
- Delegate operations to younger talent who want to work with the community
- Minimal personal involvement (10 minutes per month)
- Focus on keeping the community "awesome" rather than maximizing revenue
- Let the manager keep all revenue generated from sponsorships
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Key Philosophy:
- Don't actively try to monetize or grow
- Prioritize community quality over revenue
- Use sponsorships only to sustain the community manager's role
- Keep the original community spirit alive while providing opportunity for someone to run it
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.