Lessons from building 8+ communities - hear it from an investor

Scott Amenta might be the most experienced person you'll ever met when it comes to building community businesses.

He's simultaneously running multiple 7-8 figure community businesses through Sylva, and building software to help community founders scale.

Listen to this episode to understand:

• How he identifies healthy community businesses as an investor

• Why Slack is still his preferred platform (despite its flaws)

• Why data enrichment is crucial for personalization

Resources:

• Curated Connections, the app Scott uses to automate connections - https://curatedconnections.io/

• Scott's new product Miitra - https://www.joinmiitra.com/

• Chief of Staff Network - https://www.chiefofstaff.network/

• Scott's LinkedIn - https://www.linkedin.com/in/scott-amenta/

• Nityesh's LinkedIn - https://www.linkedin.com/in/nityeshaga/

• Beginner Maps crash course on community building - https://beginnermaps.com/

Chapters:

0:00 Intro

02:13 Understanding Healthy Community Businesses

03:28 Engagement Metrics in Community Businesses

05:15 Total Addressable Market and Growth Opportunities

08:51 Scott's Journey with Chief of Staff Network

11:00 Challenges and Opportunities in Community Building

11:48 Sylva's Role in Supporting Communities

12:34 Community business buying checklist

15:42 Revenue Streams in Community Businesses

17:05 Good communities vs bad ones

23:41 Not happening on LinkedIn

24:58 Pricing Strategies for Community Businesses

27:18 Growing a community business

30:54 Tools and Technology for Community Management

35:10 Why Slack?

37:43 Other tools

42:39 Conclusion and Final Thoughts