3 Secrets of Creating a Million Dollar Course from Actual Course Creators

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Category: Online Courses

Tags: entrepreneurshipmarketingonlinescalingstrategy

Entities: Authority AcceleratorBrandon WalrennanJeffreyMonicaYouTube

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Summary

    Business Fundamentals
    • To create a successful online course business, focus on making your program transformational, not just tactical.
    • Align your course content with your personal experience or that of your clients to create unique and impactful offerings.
    • Avoid creating a course before validating it with pre-sales to ensure there is demand for your content.
    • Quality over quantity is crucial; focus on creating targeted content that reaches your ideal audience.
    Marketing and Sales
    • Identify a niche within a niche to dominate a specific market and stand out from competitors.
    • Use organic traffic strategies, such as YouTube, to attract leads without relying on paid advertising.
    • Develop a proven offer with a clear value proposition to generate consistent revenue.
    Actionable Takeaways
    • Ensure your online course is aligned with your unique story and experiences for maximum impact.
    • Pre-sell your course to validate demand before investing time in content creation.
    • Focus on quality content that targets your ideal customer, rather than producing a high quantity of content.
    • Utilize organic marketing strategies to build a sustainable business without heavy reliance on paid ads.
    • Consistently refine and adapt your course offerings based on feedback and market demand.

    Transcript

    00:00

    I've been working in the online course industry  for a long time now nearly a decade which is kind   of crazy and I've helped thousands of people  monetize their skill set their expertise and   not just turned it into a one-off course but turn  it into an actual full-time business where they  

    00:15

    can detach their time from their money you know  stop trading time for money and really be able   to scale something super meaningful that has  a massive impact and there are very consistent   themes that I see with the people I work with  regardless of what Niche they're in I've helped   people in so many different niches today and so if  you're at a place where you're trying to create an  

    00:32

    online program that you want to work and to have  a massive impact on the people who need you most   while also being able to not have to trade time  for money anymore then this is the video for you   if you're excited about this give this video a  like be sure to subscribe for new videos every   week and in this video I'm gonna break down three  key themes that I see over and over and over again  

    00:50

    in my most successful clients and in this video  I'm actually going to share three clients with   you and three very key lessons that will apply to  anyone trying to create an online course business   the same the test of time and these are all  people that have generated well over a million   dollars with their online programs from scratch  if you're at a place where you're really serious  

    01:07

    about creating an online education business and  packaging your unique skill set and expertise into   an online course and be sure to grab the free  guide that I've created just for you on the 10   steps to scale your skill set and 10x your impact  without trading time for money and grab that in   the description below it's free you got nothing  to lose and it's a proven step-by-step process so  

    01:26

    be sure to grab that right now without further  Ado let's get into it secret number one is it   has to be transformational not tactical and in  addition to this which you're gonna understand   more in just a second with a real example is it  has to be aligned with experience your experience  

    01:43

    or the experience of a client that you've worked  with or somebody that you've served and creating   a really incredible outcome based around your  skill set and expertise so I wanted to share this   with you this is a story that I reference  often because it really does hit home why   ensuring your program topic and the curriculum  you lay out for your program is aligned with  

    02:04

    your own story is so important so Monica is one  of my clients inside of my authority accelerator   program and she is a dancer and she had a studio  in person for about a decade and unfortunately   when the pandemic hit she was forced to close  her doors and she was now all of a sudden in this  

    02:21

    world where she wasn't sure how she was going to  generate revenue and she wanted to tackle creating   an online course so I wanted to just share her  six month update so this is now a few years ago   but this is her six month update of using our  curriculum and I'm going to share why making the   small tweak of transformational from tactical  ensured that she was able to scale to the Moon  

    02:40

    with her program so she said when today is my six  month anniversary with the authority accelerator   and I'm celebrating I was too embarrassed to admit  it but before joining your program I created a   course and in seven months I made 640 dollars  just two sales the second course I created will   be a part of this program and using your strategy  fifty thousand dollars in 5.5 half months and to  

    02:59

    date Monica's program has now generated well  over a million dollars and she's consistently   generating around fifty thousand dollars a month  with her program now why is this so important   because when Monica created the program that only  sold two copies in a seven month period she put a  

    03:14

    ton of time and effort into actually creating  the program itself before selling it and more   importantly the topic she chose was teaching  people how to dance of course she knows how to   do that that's a great thing to teach people  but it's what we call a googleable versus a   profitable topic good Global topics are not unique  they blend in with the masses and they're topics  

    03:32

    that generally people could just look up online  for free to learn about so it doesn't create   urgency or a sense of why somebody needs to invest  now when we worked with Monica in the beginning   we really dug into what is her story what is her  unique experience and her unique take so she can   stand out in the marketplace and we really dug in  it's actually quite remarkable Monica was a really  

    03:49

    shy and secure teenager and she had a really  hard time when she would go to school dances   or any sort of social function and she found that  teaching herself self how to dance you would watch   MTV recordings music videos teaching yourself  at home she found this newfound confidence to  

    04:05

    build relationships get on the Dance Floor feel  empowered in Social settings so her program now   teaches adults how to dance in Social settings so  they can build their confidence and improve their   relationships so when you go from how to dance  to that that's what's the true key to standing  

    04:21

    on the marketplace creating a completely unique  offer with proven demand and actually being able   to scale so I want to hear your thoughts right  now if you have an idea for a program and you're   thinking well sounds kind of like surface level  right now how can you make it transformational   throw those ideas at me in the comments below  and let's start brainstorming secret number two  

    04:37

    do not build a course before you sell it please  I pick a few I have a whole playlist Below on   how to pre-sell an online program and why it's  so important but this story should really drive   it home you might remember or know Jeffrey he  is one of my clients I've worked with him for  

    04:52

    also quite a long time now he's phenomenal I just  couldn't adore him more and when we started work   working together he famously you might remember  couldn't afford avocados it was something that   he mentioned when I interviewed him and it  was something that really stuck with people   now here's the thing behind Jeffrey's story is he  had actually worked on building his online course  

    05:10

    for about two years prior to selling it prior  to having any proof for validation or clients   in the door and I remember him sharing this with  me when he first enrolled into the program and it   just pains my soul because he's incredibly good  at what he does he has phenomenal client results   and for those two years he was unfortunately  kind of hiding away working on a curriculum  

    05:27

    that wasn't proven and he had no proof behind  it and so he was kind of stealing himself away   from the people who needed him most and he was  so burnt out and count about his width and by   the time that we actually started working together  that he reminded me you remember what I asked you   on that call I asked you I don't think so one of  the biggest fears I have Sonny is I launched this  

    05:48

    thing and I get crickets remember that and  then you said no you're not gonna get that   and he certainly did not launch to Cricket  I following our strategy and pre-selling   the program to validate it he has now had this  proven offer for years just one program okay so  

    06:05

    in each of these cases it's one online course one  program it's not multiple offers it's one program   he's been able to scale that program to multiple  seven figures each year and this is going from   no audience no business no clients to generating  his first million with his online program in 18  

    06:24

    months secret number three I harp on this all  the time but quality over quantity there is a   huge misconception in the online space that if  you're not constantly marketing and constantly   making content and constantly putting yourself on  social media you don't have a business and I can   assure you that it's just not true you don't  have to work so hard and it kind of defeats  

    06:45

    the entire purpose of being an entrepreneur  and creating an online program where you want   to detach your time from your income if you're  constantly grinding away it just doesn't add up   it doesn't make sense so a prime example of this  is another favorite client of mine not that I have   words but he's done really well and I'm super  happy for him Brandon walrennan and Brandon  

    07:02

    has done a really phenomenal job scaling his  business and so we started working together   but when we started our journey together he was  kind of in a spot where he had tried everything   he had done webinars he had done paid advertising  he was breaking even every month for about four   years he couldn't cross the 20K a month threshold  and he was feeling really frustrated and one of  

    07:21

    the key pieces to that was he was kind of throwing  spaghetti at the wall when it came to his content   and it wasn't until I really started working  with you and your team closer to understand like   the formula and to give people some context what  we're talking about is I went like I specialized  

    07:39

    in not only just real estate but a niche within  a niche within a niche you know so we're looking   for keywords that I could absolutely Dominate and  it just happened to be what how I built my real   estate business which is which is which is going  out there and serving people that were selling  

    07:55

    their home on their own wait I have to pause this  for a second because this is so freaking important   for anybody here who's thinking about and create  about creating a course and so we really honed   in on quality and intention behind his content  particularly when it came to YouTube content so  

    08:10

    that he could Target the exact ideal client with  his content not the masses not a broad audience   of people who were never going to actually invest  in what he had to sell and Brandon is in the real   estate space so it would be really easy to just  sort of talk about everything real estate related   the more intentional he got the more that his  channel started to generate Revenue so he may  

    08:30

    not have the biggest channel in the world but he's  actually been voted one of the best real estate   channels on YouTube and his channel is generating  several hundred thousands of dollars in program   sales each month consistently and this has been  happening now for years so when you know exactly   who you're targeting you can make less content  with a bigger impact he has a proven offer and he  

    08:49

    also has paired that now with an evergreen traffic  strategy and this is all completely organic he's   not having to put money into paid advertising  because he has leads coming to him through these   organic methods now YouTube is very specific and  I have a whole playlist when it comes to building   your business with YouTube because it's very  different strategy than trying to become a Creator  

    09:07

    on YouTube not an entrepreneur and so if you want  to know more about that there's the playlist below   and that free guide that I mentioned it's going  to give you the sequential order of events to   actually make your online course business grow  and scale and stand the test of time just like   in this case so these are all different niches  we have dance we have saving your marriage and  

    09:25

    we have real estate and a very specific Niche  within real estate so regardless of the area or   the category you're in having done this for so  long and worked with so many people I know that   there are key factors to creating a program that  actually sustains itself and can grow and scale   with ease and these are three of the key themes  so this hit home for you please give this a like  

    09:45

    be sure to subscribe for new videos every week and  be sure to let me know in the comments what your   biggest takeaways were and if you haven't yet grab  that free guide because it's going to help you   get this off the ground and turn your expertise  and your skill set into a highly scalable online   education business now I've also put together  a playlist below with each of the full stories  

    10:03

    behind Monica Jeffrey and Brandon which you can  check out as well and get some extra inspo As   you move forward on this journey thank you so much  for watching and I will see you in the next video