YYoung and Profiting
← All frameworks
EntrepreneurshipJosh Fechter

Ask-the-Community Monetization

Don't guess what to sell — poll the customers who already showed up.

Difficulty
Easy
Time to result
~weeks to results
Steps
2
Confidence
74%

When you have a community but no product yet, Fechter's monetization method is simply to ask the members. He runs polls asking whether they'd want a course or e-book and whether they'd pay for it, then builds what they validate. His reasoning: the members are the customers and he isn't smarter than them. He generalizes it into a principle — founders with only a vision effectively run nonprofits, while founders who put the customer first build real businesses, citing Bezos and the Waltons as customer-first builders.

Origin

Fechter polled his community about a b2b course, found strong interest, and used that direct demand signal to decide what to build — the opposite of guessing from a founder's vision.

Core principles

  • 01You are not smarter than your community — they are the customers.
  • 02Poll members directly on what they'd want and whether they'd pay.
  • 03Let demand from the community dictate the product (course, e-book, etc.).
  • 04Founders who put customers first build real businesses; founders with only a vision run nonprofits.

How to run it

  1. 1

    Poll the community

    Ask your members directly what they'd like you to release — a course, an e-book — and whether they would pay for it.

    Pro tip Treat members as the customers; they'll tell you what to build.

  2. 2

    Build the validated offer

    Create the product the community said it wants and would pay for, putting customer demand ahead of your own vision.

    Pro tip Customer-first founders build real businesses; vision-only founders effectively run nonprofits.

In the wild

Polling for a b2b course

Fechter asked his community whether they wanted a b2b course and they said they were really interested, so he began building it.

The poll gave him a validated product direction driven by actual customer demand rather than a guess.

Common mistakes

Running on vision instead of customers

Founders who build from vision alone without asking customers effectively run nonprofits; the real businesses come from customer-first decisions.

Is it for you?

Best for

Community and audience owners deciding how to turn an engaged group into revenue.

Not ideal for

Pure-vision innovators building something the market can't yet articulate wanting.

From the transcript

I would ask the community members I don't think I'm smarter than them they're the customers at the end of day and I would just…

Josh Fechter · 52:00

founders with visions run nonprofits but founders who put their customer first actually build real businesses

Josh Fechter · 52:00

From the episode

Josh Fechter: Growth Hacker Marketing Secrets

Josh Fechter