Alex Hormozi recently announced his largest investment to date in Skool.
Skool is not your traditional school but a buzzing digital education platform.
It is a community-based online learning resource that is helping redefine how we learn together on the web.
You can turn any passion or skill into an online course within a community and monetize it.
In this post, we will review the main features of this educational platform.
What Is Skool?
Skool is an online community and course-hosting platform.
It was founded in 2019 by the entrepreneur Sam Ovens and underwent initial beta testing.
Recently, Alex Hormozi has invested to become a co-owner.
There are a variety of private and public groups in Skool.
You can join existing communities or create your own group.
Some are free to join, while others may require a subscription fee.
Communities are categorized into different themes making it easy for users to find and engage with like-minded individuals.
There is a broad spectrum of communities on Skool.
They range from self-improvement and digital marketing to fitness training and the creative arts.
Each group typically features a specific mission, a membership count, and, in some cases, a fee structure.
Skool is primarily a community-driven educational platform.
Everything else revolves around this community spirit.
It serves as a dynamic place where individuals can explore their interests and build connections.
They can participate in discussions or activities offered in the community.
There are advantages to learning in a group environment.
The sense of belonging and camaraderie within a community creates a supportive atmosphere.
Members can share experiences, seek advice, and find encouragement during challenging times.
They provide fertile ground for individuals to expand their social and professional circles.
There are opportunities for networking, collaborations, and partnerships.
Lastly, communities serve as dynamic hubs for continuous learning and skill development.
Skool taps into the increasing demand for online learning.
People are searching for alternatives to traditional education, which leaves them massively in debt and with a degree they may not even use.
On Skool, the classroom feature allows you to host an online video course and build an interactive community around it.
Anyone with a skill or passion can create an online course on Skool, build a community, and grow an online business.
You can add a community calendar feature to your group.
This allows members to see when events are happening in their time zone.
People often miss out on important events, like live events and Q&A calls, due to geographical differences when they get the timing wrong.
Members can add those events to their personal calendars with a single click.
The Calendar feature is also where you set up your live events and Q&A calls in your group.
Skool has both iOS and Android apps you can download from the Apple and Google app stores, respectively.
You can access your community, courses, calendar, and chat on your phone and iPad.
One of the unique features of Skool is gamification.
People are rewarded for adding value to the platform and helping others.
For example, you get one point when someone likes your post or comment.
Your level shows as a blue dot with a number in it on your avatar and profile.
As your points grow, you level up.
There is a leaderboard that shows members who gained the most points in the last 7-days, 30-days, and all-time.
Group admins can award “gems” to posts and comments that are deemed to be of exceptional quality.
They can also offer prizes to members that appear in the top 10.
Gamification incentivizes members to take their learning seriously and maximize the benefits of being in a group.
The Skool Games
Skool Games is a gamification incentive program with Alex Hormozi.
You need to create a group to participate in Skool Games.
The top 10 on the leaderboard will win a one-day mastermind event with Alex Hormozi at his Las Vegas headquarters.
Everybody who gets 10 paid members will get the recordings of the mastermind event.
If you refer three friends to the school games, you get Skool for free.
Skool has a simple single plan.
The platform costs $99 per month.
You have access to all the features unlimited.
Users can cancel anytime they want.
Pros and Cons Of Skool
- The interface is simple and easy to use.
- Setup is easy
- You get access to highly engaged communities.
- The mobile app allows you to stay engaged with your community while on the go.
- Gamification provides an incentive to provide high-quality content and engagement.
- There is a single, simple pricing plan.
- Beginners may take time to build their community.
- It does not provide all the tools to build an online business, like website and funnel building, email marketing, and CRM.
Alternatives To Skool
GoHighLevel is an all-in-one sales and marketing platform designed primarily for marketers and agencies.
You can build your websites, funnels, email marketing, online courses, membership sites, and social media planning all in one location.
There are over 500 features that include 2-way SMS, Missed-Call-Text-Back, chat widget, mobile app, and Reputation Management.
Agencies use GoHighLevel to offer these services to local businesses.
A huge attraction of the platform is the ability to white-label the software, called the SaaS Mode.
You can rebrand the software with your logo, domain name, and colors and then resell it as your own, completely removing all GoHighLevel branding.
GoHighLevel has a community feature on which you can create free or paid groups.
If you are already paying for the software, it is cost-effective to build your online course and community one platform.
Circle is an all-in-one community platform.
It provides features to build, engage, monetize, and scale communities.
Features include organized discussions, posts, online courses, events, and private spaces.
Monetization options include flexible payments, tiered access, subscriptions, one-time payments, upsells, and cross-sells.
For online courses, features include drip lessons, masterclasses, personalized coaching, and live Q&As.
Circle has a 14-day free trial without requiring a credit card.
Thinkific is a comprehensive online learning platform.
You can create and sell online courses, build communities, and monetize memberships.
Thinkific is a collaborative platform where you can engage with your students, and host live lessons and events.
There is a branded mobile app.
You can build your business websites and automate your emails on the platform.
FAQs Regarding Skool
What is Skool?
Skool is an all-in-one educational community and course hosting platform founded by Sam Ovens in 2019. Creators can build and monetize their content around a community.
How much is Skool?
Skool costs $99 per month. This allows users to create a group with unlimited members, courses, and a calendar feature.
Is Skool free?
No, Skool costs $99 per month. There is however a free 14-day trial.
Skool provides a platform where anyone with a skill or passion can build an online business around a community.
The demand for online learning grows every day.
Skool allows you to create and monetize an online course by providing an interactive environment within a group.
There are several ways to build and scale an online business.
Using Skool to build a community-driven educational business is certainly one of the most accessible to anyone at a reasonable cost.
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