I Enjoyed a Multiple 7-Figure Exit After Starting This Community! episode artwork

EPISODE · Feb 7, 2024 · 49 MIN

I Enjoyed a Multiple 7-Figure Exit After Starting This Community!

from Niche Pursuits Podcast: Find Your Next "Niche" Business Idea!

You can probably list loads of reasons why starting a community could be valuable. And Chris Yates, the founder of Rhodium, is on the podcast to share a BIG reason with his awesome success story. He talks about his journey of transitioning from owning a digital marketing agency to buying online businesses and eventually founding Rhodium to connect with others in the industry. He emphasizes the importance of building a community and the benefits it brings: Learning from others Making deals Forming partnerships Chris also highlights the value of community in providing tactical ROI for businesses - like how engaging with a core group of customers with direct feedback can lead to valuable insights and improvements on everything from pain points to pricing. He gives lots of examples but the stand out is definitely his own experience. He was offered to buy a business from a Rhodium member for 5 figures thanks to the inherent trust from shared beliefs. He then grew it with help from the community and sold it to another Rhodium member for a multi-7-figure exit. Overall, this is a discussion that is both a great success story and guide to the benefits of building and nurturing a community of like-minded people in your niche. Be sure to get more content like this in the Niche Pursuits Newsletter Right Here: https://www.nichepursuits.com/newsletter  Want a Faster and Easier Way to Build Internal Links? Get $15 off Link Whisper with Discount Code "Podcast" on the Checkout Screen: https://www.nichepursuits.com/linkwhi...  Get SEO Consulting from the Niche Pursuits Podcast Host, Jared Bauman: https://www.nichepursuits.com/201crea... 

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I Enjoyed a Multiple 7-Figure Exit After Starting This Community!

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This episode was published on February 7, 2024.

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