Online courses have become big business in the last few years.
With the rising costs of higher education, more people than ever are choosing an alternate route for learning.
As a keynote speaker, you can take advantage of this trend (that won’t be slowing down anytime soon) and ride the wave to more income in your pocket.
It’ll solve several problems for your keynote speaking business too – having to trade time for dollars, booking more and more speaking engagements, and trying to land higher-paying speaking engagements, too.
The biggest mistake that online-course-creating newbies make is spending time building something that no one is interested in.
Of course, you’re already an expert in an area – or you at least have a niche.
Capitalize on it.
Maybe you speak on a wide variety of topics, so it’s hard to narrow it down to one to focus your course on.
Ask yourself these questions to help you land on an idea:
It’s really as simple as paying attention to the people around you.
Once you’ve landed on an idea you think will be profitable, it’s time to try it out.
Do this BEFORE you build your course, otherwise you may be wasting your time.
Okay, great. You need to take your idea for a test drive. How?
There are two good ways.
You don’t have to get fancy with this.
Create the mini-course and deliver it via email.
This serves two purposes: You’re validating your idea and you’re building up an email list.
If you build it, they will come.
(Well, maybe and maybe not – we’re in the testing phase, remember?)
But, you CAN sell your course before you create it.
There are a couple different ways you can do this.
An outline is a great way to pre-sell your course. Once you “validate” interest in your course, then you can start working on creating the course content.
The truth is, your first course might not look fabulous.
But if the content is offering value, it doesn’t matter.
So don’t worry about creating or paying for something that’s highly designed and flowery. Something simple with lots of white space will work fine.
Provide practical, step-by-step guidance and instructions and your audience will eat it up.
There’s one thing that you may not realize – people actually like to buy online courses.
Even when they can get the same info for free.
The issue is they don’t always know where to find it, how to find it (or have the time to find it) or if it’s even legitimate.
So, the go for the alternative – paying for a course that someone else created.
A paid course also provides benefits that your audience couldn’t get any other way, like:
When you know how to generate recurring revenue from an online course, you’ll stabilize your finances, have more time to spend with family, and be choosy about the speaking engagements you take on.
And by following these specific steps, you’ll be sure to create a course that brings value to your audience.
Have you attempted to create a recurring revenue stream? How about an online course? What kind of results did you get?