If you’re just beginning to research how to create and sell online courses, you’ll quickly find out that it does take hard work, a little patience, and likely more time than you think.
But as with many income-producing digital assets, this is what I like to call a front-loaded business model. All of the hard work and effort are spent on the front side of creating, launching, and selling an online course. Once the course is launched, then you just need to find students to take the course.
This is somewhat a passive income model, because most of the work is done up front. But the course will eventually, of course, require maintenance and marketing.
The great thing about this model is that you can make sales while you maintenance and market the course, as well as plan your next course.
So you can greatly leverage your time spent upfront. Not to mention, you get to make money while you sleep!
Low Risk, High Profit Margin, Low Overhead
Sounds too good to be true, doesn’t it?
And perhaps this is starting to smell like a “get rich quick” scheme. But, I assure you it’s far from it. While it is possible to make a great income from online courses, it will take time and hard work.
The best part about learning how to create and sell online courses and then getting one launched is that your profit margin on that course will be insanely high, while the risk is very low.
Just think about it…you can easily create a an online course for under $500, but the income potential is as high as you want it to be based on how well you market your course.
The only risk at hand is the risk of failure in getting people to pay for your course. If everything blows up and your online course venture fails, you’ll only lose the time (the most valuable asset) and money invested (which likely isn’t much) in creating and marketing the course.
At the end of the day, some businesses just don’t succeed. However, a failing online video course business is far different than losing a restaurant that you invested your life savings in.
But honestly, you’ll have not waisted your time entirely, because you will have learned some valuable lessons throughout the process which can be applied to your next attempt.
I mean, what other business can you start for less than $500 and has next to no overhead?
Your overhead for an online course is basically the hosting fees for your website or online course solution. And, sure, you may need to purchase some hardware to record video and software to edit video.
But you certainly won’t have the overhead of a traditional brick and mortar business. I’m speaking from experience. My business partner, Nate, and I have run a successful online business for the past seven years from the comfort of our homes with very little overhead.
Lopez has reportedly added to her real home in California
Lo managed to make it hers for $28 million. As the Bronx native acquires a new home in California, she is trying to sell a gated compound in the Golden State. The 17,000 square-foot Hidden Hills property with mountain views boasts nine bedrooms, including a master suite with private terrace and an entertainment wing, which includes a 20-seat theater, dance studio and recording studio. China’s youngest female billionaire has unloaded her triplex penthouse in Sydney.
The 17,000 square-foot Hidden Hills property with mountain views boasts nine bedrooms, includin. master suite with private terrace and an entertainment wing .
Following years of white-hot growth, luxury home prices in Sydney declined for the first time in years, slipping 1% between the second quarter and third quarter of 2018, according to the latest report from brokerage Knight Frank.The nearly 6,500-square-foot apartment has sweeping views.
The property, complete with a 30-seat screening room, a 100-seat amp hitheater and a swimming pond with sandy beach
She is trying to sell a gated compound in the Golden State. The 17,000-square-foot Hidden Hills property with mountain and city views boasts nine bedrooms, including a master suite with private terrace and an entertainment wing, which includes a 20-seat theater
- Struggling to sell one multi-million dollar home currently on the market
- Lopez has reportedly added to her real estate holdings an eight-plus acre
- The property, complete with a 30-seat screening room, a 100-seat amphit
- Lo managed to make it hers for $28 million. As the Bronx native acquires
The 17,000-square-foot Hidden Hills property with mountain and city views boasts nine bedrooms, including a master suite with private terrace and an entertainment wing, which includes a 20-seat theater.Black farmers in the US’s South—faced with continued failure in their efforts to run successful farms their launched a lawsuit claiming that “white racism”