Leveling Up with Eric Siu
Building a Skool Community with Sam Ovens
Nov 8, 2022
Sam Ovens, Co-founder and CEO of Skool and Consulting.com, discusses his Mastermind program and the importance of alignment. He shares why Mastermind is a great cashflow machine and his take on Info vs SaaS. They also talk about the value of the agency business, building a platform for course creators, and investing in assets like real estate.
15:02
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Quick takeaways
- Optimizing an info business for maximum profit with minimal time investment by streamlining it to a mastermind model.
- The benefits of a mastermind group within an info business, including collaborative problem-solving and the opportunity to invest generated cash flow into other ventures.
Deep dives
Finding the Right Balance between Info Businesses and Platforms
The podcast episode discusses the challenge of reinvesting money for info businesses once they start making a lot of profit. Opportunities like real estate or other assets have less asset value compared to platforms or software, which require substantial cash flow. The speaker shares their experience with Consulting.com, a business that provided significant cash flow but required a large time commitment. They explain how they optimized Consulting.com to make as much profit as possible with minimal time investment. By dismantling and streamlining it to a mastermind model, they freed up time to focus on building Skill, their platform for course creators.
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