In a post in Skoolers from 2024, someone asked what a "good" retention rate is for your community. Sam Ovens gave the following statistics for churn. Churn is the opposite of retention. It is the number of paying members who leave your community: 2-9% = Amazing 10-19% = Good 20% = Average 21-30% = Bad If we translate this into retention rate, which is what is what is now reported by Skool in your settings instead of churn, it looks like this: 91-98% = Amazing 81 - 90% = Good 80% = Average 70-79% = Bad I looked at my own numbers and was confused, so I asked him for clarification. His response was that the retention rate in the CLASSIFIEDS is "exceptional!" Why exceptional? Because the retention rate is better than 100%. It is actually 105%!!! Retention is defined by Skool as "the amount of MRR revenue at the start of last month which is still active at the end of last month." In the Build Lab, my other community, the retention rate is 96%. Want to know how to improve your retention rate in your community and the #1 thing I do to ensure that my own retention rates stay high? Check out the new Standard tier of the Build Lab. We discuss this and many other factors that play a real role in making sure that your community is successful for the long term (and none of them have anything to do with flames, games, or insane MRR goals)! I'll be doing a live training at the beginning of August on my top 6 retention strategies so that you can start implementing them immediately. Oh, and there's a 38% discount if you sign up for the year - because we all know that it's going to take longer than a minute to get your community where you want it to be. 😉 Check out the Build Lab here! I can't wait to support you in creating a successful Skool community that gets meaningful results for both you AND your members!

Come and join us in SkoolHers! It's a community for you to learn about building on Skool, ask questions, get support, get accountability to make sure that you are actually working and not just busy, and make friends with other women who are as obsessed with Skool as you are! 𝗡𝗼 𝘁𝗶𝗲𝗿𝘀! 𝗡𝗼 𝘂𝗽𝘀𝗲𝗹𝗹𝘀! 𝗡𝗼 𝗹𝗼𝗰𝗸𝗲𝗱 𝗰𝗼𝘂𝗿𝘀𝗲𝘀! 𝗘𝘃𝗲𝗿𝘆𝘁𝗵𝗶𝗻𝗴 𝗶𝘀 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗗𝗔𝗬 𝗢𝗡𝗘! Only $9 a month with a 7 DAY FREE TRIAL!!! See you there! SkoolHers

Well, @Faith Adebayo our moderator extraordinaire would tell you millions because we are a public group and we get indexed by both search engines and AI "things" like ChatGPT and Claude, but just this last month, we had more than 9,000 visitors to the community. How cool is that?!?!?! Oh, and we are getting dangerously close to hitting the 2k mark of genuine Skool group owners as members! Know anyone you might want to refer????

It's time to celebrate each other! In the COMMENTS BELOW, please share a Skool community you think is doing really great things. It can be one you've participated in yourself or one that you've heard from others is amazing. Please do the following: 1. Tell us the name of the community and link to it (affiliates allowed). 2. Tag the person who owns the community. If they are not in the CLASSIFIEDS, then please send them a DM and let them know that you mentioned them here. I promise you will make their day! 3. Describe why the group is so wonderful and how it has helped you. Please DO NOT just copy and paste the About page! 4. Comment on each others comments and scroll through the referrals to see if there's an amazing group you are missing out on! Thanks so much for supporting each other and this community! Please note that any #FriendFriday mentions that are created as new posts will be deleted. Thanks! Please DO NOT promote yourself. 🤨. The entire community is for promoting yourself. This post is for celebrating someone else. 😊

A free workshop coming soon in Midlife Momentum (for women) Get over the "ick" - this workshop will leave you feeling more calm and confident talking about your offers and what you charge for them. Come over and get comfy! ☕️