A Daily Curation of the Web's Best Content for Startups

How Khe Hy built a $500k creator business

Khe Hy's $500k creator business

How Khe Hy built a $500k creator business

“Learn how creator Khe Hy left a job on Wall Street to find fulfillment – and turned a 36-person email list into a $500k creator business along the way.”

“RadReads started as an email Khe sent to 36 people while on vacation from his Wall Street job. He’s gone from those 36 people to an email list of 31,000 — and has brought in over $500k on Podia in the last 18 months.

Today, Khe works with a team to keep growing and reach more people with his message. His cohort-based course, Supercharge Your Productivity , opens three times a year (over 550 people have enrolled). He also offers business consulting through The Rad Studio and is building a community for his students and alumni. He’s been a full-time creator for seven years.”

99% of creators are not ready to sell high-priced courses

Justin Welsh The Myth of the Masterclass

99% of creators are not ready to sell high-priced courses

“As someone who has sold over $500,000 in courses at an ARPU (average revenue per user) of $79.25, here’s my parting advice for new course creators:

• Keep your course between 30 and 45 minutes.
• Focus on high-value information, not production value.
• Make sure your customers achieve one very specific outcome.
• Use automated systems to turn everyone into an affiliate for word-of-mouth.

Thousands of happy customers + word-of-mouth chatter + motivated affiliates = a scalable course business.”

Summary of Jack Butcher’s Million Dollar Build Once, Sell Twice Course

Summary of Jack Butcher’s Million Dollar Build Once, Sell Twice Course

Simple overview of Jack Butcher’s course that had sales of over $1m in 2021.

“Here’s the operating system:

1. Start sharing ideas
2. Attract like-minded people
3. Figure out their problems
4. Build products that solve their problems
5. Extract proof you’ve solved their problem
6. Document/share your process along the way (which becomes a product)”

The Power of a Great Idea: @dickiebush and #Ship30for30

Dickie Bush Ship30for30
Dickie Bush’s Ship30for30 writing challenge is a brilliant business idea. I write about the four key insights that make this such a good business on this atomic essay on Twitter.

The cohort-based 30-day writing challenge is now getting more than 250 people signing up every 6 weeks at the current price of $250. That’s more than $50k every six weeks and it is a part-time project.

This is the type of business that exemplifies what I mean by IdeaEconomy. Success is all about solid execution on good ideas. 
 

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How Harvard’s Star Computer-Science Professor Built a Distance-Learning Empire

How Harvard’s Star Computer-Science Professor Built a Distance-Learning Empire

Here is a fascinating story from The New Yorker about Harvard professor David Malan and his popular online introductory computer class. More than 2 million have signed up for CS50 over the years. Check out the preview video on edX to see what it is about. This is a great example of what remote learning can be with an engaging teacher and a well-designed curriculum. With online learning exploding in popularity, there are big opportunities for instructors willing to put in the effort to become exceptional. What can you teach? There is a surplus of courses, but a shortage of great instructors. Salman Khan of KhanAcademy is another inspiring story in the online learning space. Starting with videos to tutor his cousins, Khan Academy has become a global non-profit educating millions around the world.

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Unexpected Digital Course Topics That Will Inspire You Into Action

Unexpected Digital Course Topics That Will Inspire You Into Action

Amy Porterfield shares some of the unique courses that her students are finding success with. As they say, the riches are in the niches. These might help you generate some innovative course ideas. Psychic medium, Marilyn Alauria has made. $500k from her courses. Kasey Snelling earned $45k in two launches selling designs for Cricut and  Silhouette cutting machines on Etsy. Tanya Smith earned $25k from her launch of The Profitable Boudoir and Portrait Academy, Danira Cancinos made over $120k from her caramel-apple course and another $60k from a course on sugar cookies. It’s pretty safe to say that almost any idea can be successful. Seth Godin’s advice to focus on a minimum viable audience, sounds pretty solid.

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