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Like most people before gaining experience I have fear about my capabilities. As you grow you become more confident and thankfully confidence transfers across a whole range of activities in your life. Unfortunately the opposite is true too - if you don’t feel confident in general, then you don’t feel confident doing anything new to you.

It’s a lot easier to accept your fear when you don’t attach your ego to the outcome you want. If you want to achieve something and it relates to something very important - like for example, starting an Internet business and doing well enough that you can quit your job - the fear of failure is so extreme that it can bend your perception of reality. It can be so bad that your subsequent poor mindset as a result of the fear will guarantee the outcome you are so fearful of - failure. That’s a nasty catch 22 situation.

For a long time I was fearful of selling my own products online. I knew I could do it in terms of creating a product, but the fear was whether I could actually help people and whether people would buy from me. No doubt this is common for every person before they release a product of their own creation.

The day I became a lot more confident was the day I experienced someone else’s product similar to what I wanted to create.

In my case, it was making the decision to join Rich Schefren’s Business Growth System, which led me to find the confidence to believe I could launch a membership site too.

Remove Ambiguity By Seeing What Others Do

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The day after I arrived in Vegas I got an email from Tim Kerber, the guy in charge of Membership Site Bootcamp, a training program for people who want to profit by creating their own online membership site.

Tim was super nice to me. He gave me his cell phone number via email and asked if I wanted to meet up early before the official mastermind the next day. I had plans to go see Cirque Du Soleil that night, so I had to give him a raincheck.

The next day, Tim was one of the first guys to come up and say hello at Jeff Walker’s mastermind meet-up and to be honest, besides knowing his name from the very successful Membership Site Bootcamp launch from 2007 (1.7 Million in sales), I didn’t know much about him.

It turns out Tim is a regular reader of my blog. I chatted with him for a good half hour at the networking event and I was impressed by how down to earth and friendly he is.

My Favorite Business Model - Membership Sites

It’s no secret that I have made a big chunk of my living from Blog Mastermind, my first membership site. I made over $100,000 from this one site in the past year alone.

The money is obviously great, but what I’m most happy about is how the steady income proves that my members receive so much value that they choose to stay a member of my program for the long term. This is very satisfying intrinsically, as well as financially.

Membership sites are a solid business model because you foster an ongoing relationship with your clients. The recursive income is obviously a motivation, but as anyone who runs a membership site understands, the money is a result of delivering ongoing value, it’s not a one-hit-wonder style product where you make your money and then walk away.

I’m not a fan of releasing one product after another, going from launch to launch. Creating and marketing products is a lot of work, so I prefer to have flagship products that you invest in over time and improve to the point that you have a superior position in your marketplace. If you focus your energy on just your membership site, it can become the basis for an entire six, or even seven figure business.

Membership Site Training From Tim Kerber

This week Membership Site Bootcamp reopens again for only the second time.

Tim’s currently in prelaunch mode for his flagship training program and as usual, that means there are free videos and other educational materials flying around the Internet marketing community. This is a great opportunity to grab some training on what is definitely the best online business model I know of so you can learn how to start your own membership site.

You can check out Tim’s latest video here -

Membership Site Bootcamp Video

This first video shows the outcome of some of Tim’s recent student’s successes launching membership sites.

Some of the numbers Tim shows from his previous students are impressive, but don’t let that daunt you. I aimed for 50 members when I first launched my site because I figured even 50 members times $50 a month is a great starting income of $2,500 a month. I ended up with 300 after the launch week, which obviously was a great result and fully convinced me of the viability of the membership site model.

Put it another way - if you can attract just one member a week, that’s 52 members a year and even with a 10% dropout rate, you are still making good money. Chances are your site will grow quicker, so you won’t stay at one new member a week for long.

If you have an idea for a course or a subscription service or any kind of membership site, it’s worth checking out what Tim is doing. Take a look at the free 8 minute long Membership Site Bootcamp video and if you like what you see, opt-in to grab the rest of the free videos.

www.membershipsitebootcamp.com

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