$100M RETENTION: The 9-Step Churn Checklist That Cuts Customer Loss by 80% (3.3x Your Lifetime Value Without a Single New Customer)
$100M RETENTION: The 9-Step Churn Checklist That Cuts Customer Loss by 80% (3.3x Your Lifetime Value Without a Single New Customer)
Your business is a leaky bucket. π§ You're working 80-hour weeks getting new customers while they're walking out the back door. At 15% monthly churn, you lose 83% of customers in a year. That's not a businessβthat's a nightmare.
This isn't about working harder. This is the exact 9-step Churn Checklist that took gym owners from 15% monthly churn to 3% (3.3x increase in lifetime value) and saved an entire industry from collapse. π
Here's the brutal math: π₯
At 15% monthly churn: Start with 250 members January 1st β Need 208 NEW members by December 31st just to stay flat β Fall behind by 2 customers/month = you lose your business. π
At 3% monthly churn: Same 250 members β Need only 37 NEW members to stay flat β That's 171 fewer customers you need to replace. Game changed. π°
The math? Cut churn from 10% to 3% = 3.3x your lifetime value PER CUSTOMER. Without acquiring a single new customer. π€―
Inside $100M Retention, you'll discover: π
- The 9-Step Churn Checklist: Activation points, onboarding, incentives, community linking, customer correction, annual pricing, exit interviews, surveys, and customer journey mapping π
- The "5 Horsemen of Retention" that saved 1,000 gym owners: Track attendance, reach out 2x/week, handwritten cards, member events, exit interviews (cut churn from 15% to 3%) ποΈ
- "Shaking the Tree" phenomenon: Why churn spikes 50% month 1, drops 50% month 2, drops another 50% month 3 (and why that's GOOD) π
- Activation points framework: How to identify the exact actions that predict customer retention (and drive everyone to do them) π―
- The Harvard Business Review study: 5% increase in retention = 25-95% increase in profits π
- Complete implementation scripts: What to say, when to say it, how to onboard, how to save cancellations β‘
- Real Skool data: Millions of memberships analyzed to reveal what ACTUALLY keeps customers vs what people think keeps them π
- The retention economics: Why it costs 5-25x more to acquire new customers than keep existing ones π°
- Customer journey mapping: The 4 milestones every customer must hit (activate, testimonial, refer, ascend) πΊοΈ
The "leaky bucket" problem: π§
You think you can make up for one customer leaving by selling two more. And it works... until it doesn't. Here's why:
- Acquiring customers costs 5-25x more than keeping them πΈ
- High churn means you accelerate how fast your market knows you suck π€
- You're running on a treadmill that keeps speeding up π
- One bad month and you're out of business β°οΈ
- You never build momentum or compounding growth π
Naval said it best: "You're doing sales because you failed at marketing. You're doing marketing because you failed at product." Fix the product. Fix retention. Everything else gets easier. π‘
The 5 Horsemen of Retention: π
HORSEMAN #1: Track Attendance
3+ sessions/week = they stick. 2 or less = they churn. Pattern: Week 1 (3), Week 2 (2), Week 3 (2), Week 4 (1), Week 5 (CANCEL). Reach out when it drops to 2 = rescue them. π―
HORSEMAN #2: Reach Out 2x Per Week
Praise participation. Praise progress. Solve small problems. Consistency matters more than perfection. π
HORSEMAN #3: Handwritten Cards
Sign up, 3-month milestone, 6-month, 12-month, holidays, birthdays, referral requests. Never a bad time for a handwritten card. βοΈ
HORSEMAN #4: Member Events
Every 21, 42, or 63 days. Keep regular to you, random to them. Use handwritten invites. Reduces churn AND generates referrals. Win-win. π
HORSEMAN #5: Exit Interviews
Talk before they leave. Set expectation upfront. Save ~50% of cancellations. If half show, that's 25% churn reduction = 33% LTV increase. π°
The Results: Month 1 (+50% churn - "shaking the tree"), Month 2 (-50% churn), Month 3 (-50% more). Final: 15% β 3% monthly churn. Business saved. π
The 9-Step Churn Checklist (complete breakdown): π
STEP 1: Figure Out Activation Points
Leading indicators of retention. Template: "Every customer that does X or gets Y result stays longer." Find your top 20% customers. Learn everything about them. Find common factors. That's your activation point. π―
Gym Launch Example: Best customers made investment back in 30 days. Created "Fast Cash Play" to push everyone to recoup in 30 days. Churn: 8% β 3% in 6 months. π°
STEP 2: Onboard Your Customers
Teach them to hit activation points. Custom beats generic. Personal beats group. Live beats recorded. Carrots beat sticks. Some beats none. π
Framework: Outline value β Drive to activation β Resell purchase β Show unlockables β Explain communication β Follow up. Always schedule next touchpoint. β‘
STEP 3: Incentivize Customer Activation
Make it worth doing the stuff. Unlock features, recognition, discounts, access, status. Skool gives free lifetime access at level 8. Works. π
STEP 4: Community Linking
"It's easy to quit a membership. It's hard to leave a relationship." Connect members to EACH OTHER, not just you. More scalable. More powerful. π€
Tactics: Group events, manual introductions, community podcast, elevate micro-celebrities, 1-on-6 onboarding (not 1-on-1). π€
STEP 5: Fire or Correct Bad Customers
They ruin it for everyone. Incentivize good behavior (pin posts, public praise). Eliminate bad behavior (3 strikes). Delete bad posts. Explain what good looks like. π«
STEP 6: Add Annual Pricing Options
Customers who pay for longer STAY longer. Mandatory = lower sales, lower churn. Optional = some take it. 10-20% typically choose annual at "buy 10 get 2 free" pricing. π
Alternative: Big upfront + small monthly. $6,800 setup + $199/month. Appropriately prices one-time vs ongoing value. Can 2x LTV. π
STEP 7: Exit Interviews / Cancellation Videos
Save 50% who get on call. Half say F-you (get great feedback). Half you save via: Redo ("Let me make it right"), Upsell (credit toward higher program), Resell (remind them of goals and what they lose). π¬
STEP 8: Survey Customers Regularly
Twice yearly: "If I removed everything but one, what would you keep?" and "What would bother you least to remove?" Do more of what they love. Cut what they don't. π
STEP 9: Create Customer Journey
4 milestones: Activate β Testimonial β Refer β Ascend. Customers get itch to buy more. Let them buy from you, not competitors. Least likely to churn right after new purchase. πΊοΈ
Why retention is THE highest-leverage activity: π
5-25x cheaper to keep vs acquire: Your CAC is your highest cost. Retention has almost no cost. Math isn't debatable. π°
Harvard study proof: 5% retention increase = 25-95% profit increase. Small changes, massive impact. π
Only path to compounding: If referrals > churn, you never stop growing. Even at zero ad spend. Even with zero new activities. π
Happier customers = more referrals: Everything that reduces churn makes customers happier. Happy customers refer. Virtuous cycle begins. β
Real business transformations: π¬
1,000 Gym Owners: 15% monthly churn killing businesses. Implemented 5 Horsemen. Result: 3% monthly churn. 250 members needed 208 new/year β now need 37 new/year. 171 fewer sales needed. Industry saved. ποΈ
Portfolio Company: Switched from group to 1-on-1 onboarding. 25% boost in ascensions. Higher LTV enabled ad scale. $2M/month β $2M/WEEK. Onboarding was THE lever. π°
Newsletter Business: $500K/month. Tried adding more (weekly calls, extras). Churn increased. Went back to 1 Q&A/month + 1 newsletter/month. Churn dropped. Less but better = better. π§
Skool Communities: Millions of memberships analyzed. Bottom 2 engagement tiers = most cancellations. Top tier = highest retention. More usage = longer stay. Pattern holds across ALL communities. π
"Shaking the Tree" explained: π³
Month 1: Churn UP 50% (scary but expected). Why? Three groups:
- People who would've canceled anyway β°
- People who already churned mentally but billing continued (you reminded them) π³
- People on the fence who you shake out now vs later π€·
Month 2: Churn DOWN 50%. Activities kick in. Patterns emerge. π
Month 3: Churn DOWN another 50%. New baseline established. 3% monthly = world-class. π
Don't panic at month 1 spike. It's cleaning house. Stay the course. β‘
What's actually included: π¦
- Complete 9-Step Churn Checklist with implementation details π
- The 5 Horsemen of Retention framework π
- Activation point discovery process π―
- Onboarding scripts and frameworks π
- Community linking strategies π€
- Exit interview scripts and save tactics π¬
- Customer journey mapping template πΊοΈ
- Survey questions that reveal truth π
- Annual pricing implementation guide π
- Real data from millions of Skool memberships π
- Complete action step checklist (tear-out ready) β
The retention economics that change everything: π°
Your existing customers are:
- Already trust you β
- Already received value from you β
- Already gave you their credit card β
- Have ZERO acquisition cost β
- Are your ideal customer (they already bought) β
This isn't a prospect. This is a goldmine you're ignoring. π
Cutting churn 10% β 3% = 3.3x LTV. Try tripling your sales instead. Which is easier? Which costs less? Retention wins. Every. Single. Time. π
Common objections (destroyed): π₯
"I need more customers, not better retention!"
Wrong. If you have leaky bucket, adding water doesn't fix the leak. Fix the leak FIRST. Then add water. Otherwise you're just running faster on the treadmill. π
"This seems like a lot of work!"
It is. But acquiring 5-25x more customers is MORE work. And more expensive. And never ends. Pick your hard. πͺ
"My churn isn't that bad!"
Every business under 3% monthly churn makes great money. Every business over 10% struggles. Where are you? Be honest. π
"I don't have time for this!"
You don't have time NOT to. Retention is 100 tiny things that each save a few people. Those people stack into mountains of cash over time. π°
"My industry just has high churn!"
Some industries have "structural churn" (customers go out of business). That's okay. You STILL reduce it. Shopify and Skool both serve very small businesses. Both built massive companies. So can you. π
When you implement the Churn Checklist: β
- Grow every year even if sales stay flat π
- Create more profit from same customers π°
- Your business compounds π
- Sleep great knowing bills are paid π΄
- Get positive word-of-mouth (free customers) π£
- Keep best talent (they see you help people) π
- Build an actual brand (not just a logo) π
- Sell for massive multiple when ready π
When you ignore retention: π
- Need new customers every month just to stay flat π
- Never create compounding business π
- Business becomes hard to sell (less valuable) πΈ
- Sleep poorly (only as good as last month) π°
- Get negative word-of-mouth π¨οΈ
- Can't keep employees motivated π€
- Lose credibility continuously π
- Always creating "new stuff" to survive πͺ
- One bad month = business over β°οΈ
The price-value-churn relationship: βοΈ
Warren Buffett: "Price is what you pay. Value is what you get." Keep value > price = customers stick. π
Two ways to do this:
- Provide more value (preferred - keeps customers longer, justifies higher prices) π
- Lower price (race to bottom, not recommended) π
The inversion technique: Instead of "How do I retain customers?" ask "What would make 100% of customers leave?" Then do the opposite. π
Churn 100%: Ignore them, break promises, miscommunicate, treat poorly, set unrealistic expectations, hide progress, isolate them, make stuff hard. π«
Retain 100%: Talk with them, keep promises, communicate clearly, treat like royalty, set realistic expectations, show progress, connect them, make stuff easy. β
Seems obvious. Nobody does it. Because it's work. Be different. Do the work. πͺ
The complete implementation timeline: π
Week 1: Identify activation points. Find top 20% customers. Document what they do. π
Week 2: Create onboarding process. Script it. Test with 10 customers. π
Week 3: Add incentives and unlockables. Map customer journey. πΊοΈ
Week 4: Implement community linking. Host first event. π
Month 2: Add exit interviews. Survey customers. Track results. π
Month 3: Refine based on data. Scale what works. Cut what doesn't. β‘
Ongoing: Reach out 2x/week. Send cards. Host events. Survey twice yearly. Iterate forever. π
The truth about retention: π‘
There's no magic bullet. It's 100 tiny things that each save a few people. Those people stack into mountains of cash over time. π°
Alex has NEVER implemented this checklist and not made more money. Never. Not once. Across dozens of businesses. Every single time it works. π
This is THE checklist used in portfolio companies. Same one. Nothing hidden. β
Why you need this NOW: π₯
Every month at high churn is a month closer to business death. If you need 208 new customers/year just to stay flat, one bad month destroys you. π
Fix retention FIRST. Then scale acquisition. Otherwise you're pouring water into leaky bucket faster and faster until you collapse from exhaustion. π
The compounding effect of retention means every month you wait costs exponentially more. Start now. See results in 90 days. Transform in 6 months. β°
Stop running on the treadmill. Stop the leaky bucket. Stop losing customers out the back door. π
Get $100M Retention now and implement the Churn Checklist THIS WEEK. Same framework that saved 1,000 gym owners. Same system used in multi-million dollar portfolio companies. Same checklist that ALWAYS works. π
Remember: You're doing sales because you failed at marketing. You're doing marketing because you failed at product. Fix the product. Fix retention. Everything else gets easier. π
P.S. - Churn is the invisible hand that suppresses your growth. It's a monster so small you barely notice it until it's so big you can't escape. Fix it now while it's small. Your future self will thank you. And your bank account will too. π°
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