Creator Science #232: Dan Andrews – Secrets of building a 1300-member, international community (with in-person events)
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Dec 17, 2024 Dan Andrews, founder of the Dynamite Circle and host of the Tropical MBA podcast, shares deep insights into cultivating thriving communities for remote entrepreneurs. He discusses the evolution of the Dynamite Circle from a podcast into a vibrant membership community with over 1300 members. Dan highlights the importance of in-person events, strategic communication, and effective delegation in enhancing community engagement. He also emphasizes innovative branding strategies and the significance of fostering authentic connections amongst members.
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Capacity Planning with LER
- Use Greg Crabtree's LER (Labor Efficiency Ratio) to simplify capacity planning.
- Divide gross profit by direct labor; the ratio should be at least 2.0 for healthy profit margins.
Community over Events
- Prioritize community-focused individuals over event planners when organizing events.
- The community aspect is harder to cultivate than event logistics.
Plan Events Early
- Plan events at least six months in advance to allow ample time for attendees to prepare.
- Early communication and leveraging volunteers are key for successful event execution.