Latest news with #Skool
Time Business News
a day ago
- Business
- Time Business News
Is Skool a Pyramid Scheme? Honest Truth You Need to Know
The rise of online platforms has opened up countless opportunities for creators, coaches, and entrepreneurs. Among them, Skool has gained attention as a popular platform for building communities, hosting courses, and helping creators grow their businesses. But with its fast growth and referral program, some people have asked: Is Skool a pyramid scheme ? In this article, we'll break everything down clearly—what Skool really is, how it works, and why it's not the shady scheme some people assume. By the end, you'll know the honest truth and be able to decide whether Skool is worth your time. Skool is an all-in-one platform designed for people who want to create and grow online communities with paid memberships and courses. Instead of juggling multiple tools (like Facebook Groups, Slack, and Teachable), Skool combines everything into one simple hub: Community Spaces: A private, clutter-free forum where members can connect. A private, clutter-free forum where members can connect. Course Hosting: Easy setup for video lessons, training, or structured programs. Easy setup for video lessons, training, or structured programs. Calendar & Events: Built-in scheduling for live calls, Q&A sessions, or workshops. Built-in scheduling for live calls, Q&A sessions, or workshops. Gamification: Leaderboards, points, and rewards to keep members engaged. So, in reality, Skool is not about 'making money off recruiting people.' It's about building genuine communities and delivering value through courses and memberships. The confusion often comes from Skool's affiliate program. Here's how it works: Skool has a flat monthly fee of $99 . . If you refer someone to Skool, you earn 40% monthly commissions on their subscription. This means if you refer one person, you earn around $39.60 every month as long as they stay subscribed. Refer ten people, and you're earning nearly $400 a month in recurring income. Because this is so rewarding, some critics mistake it for a 'pyramid scheme.' But there's a big difference: Skool's business model is based on selling real services—community and course hosting—not on endless recruiting. Let's make it simple: Pyramid Scheme: No real product. People make money only by recruiting others into the system. Eventually, it collapses because there's nothing of actual value. No real product. People make money only by recruiting others into the system. Eventually, it collapses because there's nothing of actual value. Skool: Offers a real platform that creators, entrepreneurs, and businesses use to host communities, courses, and events. The affiliate program is just an added bonus—not the core product. So when people ask, 'Is Skool a pyramid scheme?' the answer is no. It's a legitimate software platform with a sustainable model. Now that we've cleared the confusion, let's look at why so many creators and educators are moving to Skool: Simplicity: No tech headaches—Skool is beginner-friendly. No tech headaches—Skool is beginner-friendly. Community + Courses in One Place: Instead of juggling multiple apps, everything is under one roof. Instead of juggling multiple apps, everything is under one roof. Engagement Tools: The gamified system keeps members motivated and active. The gamified system keeps members motivated and active. Recurring Income Opportunities: Beyond running your own community, the affiliate program is a nice way to earn passive income. Beyond running your own community, the affiliate program is a nice way to earn passive income. Clear Pricing: At just $99 per month, the flat rate is predictable and affordable for serious creators. The 40% monthly commissions are powerful, but they're not the main focus of Skool. The platform thrives because it helps people build thriving communities and sell courses, not because of the referral program. Think of the commissions as a reward for spreading the word about a tool that already delivers real value. Many software companies—like ClickFunnels, Kajabi, or Teachable—also run affiliate programs. Skool just happens to offer one of the more generous ones. If your main interest is to get rich quick, then Skool probably isn't for you. But if you're a: Coach, consultant, or educator Business owner who wants to train and engage customers Creator who wants a strong community around your brand …then Skool could be the perfect fit. It's built for long-term growth, not quick tricks. And that's exactly why it's winning trust. So, is Skool a pyramid scheme? Absolutely not. It's a real, reliable platform designed to help creators grow their communities and deliver value through courses. The 40% monthly commissions are simply a bonus for those who spread the word. At the end of the day, Skool is about building something real—a community, a business, and long-lasting relationships. And in the world of online platforms, that's exactly what sets it apart. TIME BUSINESS NEWS
Daily Maverick
26-05-2025
- Entertainment
- Daily Maverick
Tackles, tries and total mayhem — welcome to Rugby Skool with Daron Mann
It's a unique blend of brute force and bizarre etiquette, and no one really knows what the rules are. But it's a glorious mess! Ever wondered what happens when 30 athletes engage in a contest where the rules are optional and tackling is a language of love? Welcome to Rugby Skool, your guide to a sport that often resembles a bar fight with a ball. It's a glorious, chaotic mess where the participants chase an egg-shaped ball for 80 minutes, all the while beating the bejaysus out of each other before sharing a beer and singing bawdy songs together once it's all over. Why? Pride, mostly. And that beer. Oh, and also, it beats staying home and doing chores on weekends. Picture this: a field, about 100m long and 60m wide, with H-shaped goalposts. Two teams of 15 er, um, 'athletes' try to score points by carrying, kicking or passing (backwards only, because rugby loves chaos) the ball towards their opponent's goalline in order to score a 'try'. A try is worth five points. Every try is followed by a conversion attempt (a kick at the H-shaped goalposts) which earns an extra two points if it goes over. And then there are penalty kicks. These are kicks that add three points (obviously!) if they go through the posts. Penalties are awarded by referees when players misbehave and break the rules. Plot twist: penalties can happen at any given moment because no one REALLY knows what the rules are. Oh, and there's also something called a 'drop goal' that scores three points, but we'll cover those in a later lesson. Rugby's charm lies in its unique blend of brute force and bizarre etiquette. You'll see 150kg giants hugging in a scrum, before politely apologising for physically assaulting someone and then being told off for it like a naughty schoolboy by a 5-foot-5, finger-wagging, whistle-wielding referee with the authority of a tiny dictator in shorts. It's like if WWE and a tea party had a baby. Warning: the first time you watch it, you'll think it's just organised anarchy. Stick with it. By game three, you'll be yelling at the ref like a pro. Note: When we say 'rugby' we mean Rugby Union, not Rugby League – a watered-down derivative of our great game played by teams of 13 a side sans scrums. League appeals mostly to people who find scrums confusing or just like running in straight lines. Next time, we'll decode that thing called the scrum – think human Jenga with extra sweat and testosterone. For now, grab a pint, watch a match and embrace the insanity. Rugby doesn't make sense, but neither does love. DM
