Chapter
Selling Online Courses and an Alternative to Facebook Groups
41:10 - 44:21 (03:11)
The speaker shares the story of a guy who made 30 million dollars selling a two to three thousand dollar course on how to start a consulting business. The same person also launched a new company called School which is an alternative to Facebook groups.
Clips
The revenue generated by a course business can be profitable, but sustainability and growth may depend on the size and loyalty of an existing audience and the need to scale up expenses for growth.
41:10 - 42:03 (00:53)
Course Business
Summary
The revenue generated by a course business can be profitable, but sustainability and growth may depend on the size and loyalty of an existing audience and the need to scale up expenses for growth.
ChapterSelling Online Courses and an Alternative to Facebook Groups
EpisodeAre the Olympics a Waste of Time?, The Tinder Swindler, Paper Cut Companies, Money Therapy, and More
PodcastMy First Million
The speaker reveals that around $15-16 million out of their revenue was coming from selling a course worth $2-3K on how to start a consulting business.
42:03 - 44:21 (02:17)
Business
Summary
The speaker reveals that around $15-16 million out of their revenue was coming from selling a course worth $2-3K on how to start a consulting business. The speaker also compares the buyer to the character Patrick Bateman from the movie American Psycho.