The world has become more online than ever, and our appetite for online courses and digital learning is on the rise. In fact, online learning is the quickest growing market in the education industry with a whopping 900% growth rate since 2000.
Coaches, professionals, consultants and people just like you are turning their expertise into passive income by creating an Online Course for their unique skillset, perspective and brand.
So if you provide a service that specialises in providing consulting, training or coaching to your clients, there’s never been a better time to create an online video course for your customers.
The Undeniable Reasons Your Business Should Create An Online Course:
1) Scale your business far beyond trading time for money
Most coaching, training and consulting-based businesses tend to run on a “time in exchange for money” model, meaning your income is limited by the time that you have. Creating an online video e-course for your business removes these limitations of earning, without needing to constantly invest your own time.
Not only will you benefit from this model, but your clients will too. They can complete your course in their own time, at any time of day, without needing to synch up both your schedules to find a suitable time.
2) Expand your customer-base like never before with a global online course
Another limitation with offering these services is that customers can only access your service when you’re available, and in some cases customers even need to be located in the same place as you. But with an online course, you can sell your service around the globe - and you can even do it while you sleep…
Expand your customer-base and your impact by reaching people all around the world.
3) Turn your service-based business into a product-based business
Creating an online course provides you with a highly valuable product that you can easily package and sell to your customers. Turn your most popular workshops or classes into an online version that can be accessed from anywhere in the world. You can package up a specific learning outcome, or create multiple programs that your customers can advance through.
By creating an online course you can continue providing your face-to-face services - while also selling a pre-packaged online product, significantly growing and diversifying your sales and income streams.
4) Create a residual income to ride out the ebbs and flows
For those of us who’ve been there, we know all too well how stressful those “ebbs and flows” can be! Building an online video course into your business-model effectively creates a residual income that flows nicely in the background, keeping the business running comfortably and allowing you to either: a) focus your time where it’s most needed; b) continue to offer your one-on-one service, or c) kick back on the beach, sipping frozen margaritas and listening to the waves lapping at your feet….
I’m gonna leave you with that lovely image….
And don’t let the actual video-course-creation part hold you back - it might feel overwhelming in knowing where to start but we can actually do most of the work for you - right down to providing on-camera training if you need it. So reach out, or check out our Videos for Online Courses page for more info in getting your business more online than ever before!
