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Thursday, April 23, 2020

Are Online Courses Really Passive Income - NO #Best Education Page #Online Earning

Are Online Courses Really Passive Income - NO



my name is Doug Huntington I am from
niche site project I talk about Amazon
affiliate marketing internet marketing
in general and project management I was
a project manager in my previous
corporate job and I sort of bring
together some organization and project
management and ideas to internet
marketing that I think they're missing
so this video is a bit of a continuation
of the passive income video I talked
about four different kinds of passive
income that you could take a look at the
fourth one that I mentioned was creating
your own products so I wanted to
emphasize the fact that there's a lot of
work upfront for creating a sort of
passive income particularly around
creating a product so whether you're
doing a physical product on Amazon FBA
for example or if you are creating say
an e-book or even a physical book that
you can sell over and over again which
is a great thing there's a lot of work
upfront there now I have personal
experience in a few different areas one
is a rant ebooks rotary ebook and I
self-published it and sold it myself
from my site it just Knight project and
it went well I sold it for I think
between 80 and you know one hundred and
twenty seven dollars during different
periods of time and it was great I also
wrote a 100-page book and had it
professionally edited I worked on a
cover and orchid none of that stuff was
very easy in fact that process was one
of the hardest things that I've worked
on and another area that I have
experience in with passive you know
so-called passive income is creating a
course and I know a lot of different
courses out there teach you how to
create a course which is a little funny
but I will say that they are helpful
actually took one and it was
instrumental in me creating my course
five figure niche site and the thing I
want to emphasize around the passive in
idea around courses is that it's not
actually that passive and it depends on
how you create the course and the sort
of customer service that you offer but I
could tell you that my course is not
very passive I spend hundreds of hours
over the course of a quarter working
with you know my students in five figure
niche site and it's a lot of work
there's also a lot of work around
marketing the course and you know
working on a launch all that stuff takes
a tremendous amount of work it's not
really passive at all now there are
Sprint's of work and the more I'll say
launch the course and work with more
students the better I get at it so
certain pieces can get easier or take
less time like the launch but working
with students and teaching people how to
do things is unique every time so
there's you know for example a teaching
like a a college course or let's say
your middle school teacher high school
teacher whatever there's nothing really
passive about teaching the class you
have to you know show up you have to
teach people each individual that you're
working with each individual student may
require some special help
so are there certain areas of an online
course that are passive sure I don't
have to recreate the course over and
over again but there is a lot of work
around creating launching and
maintaining a course especially a a
premium high quality course like the
women that I have right it's not one
that people casually get into it's a
serious investment in both time and with
money so I have to provide really high
quality service so that said I can tell
you my course in many other courses like
it courses of the caliber that I'm
talking about they're not passive income
at all could you set up a passive income
source using a course sure you
definitely can but you would have to set
up certain things in a certain way
you're right you'd have to set up your
systems you'd have to hire customer
service people and set up other things
to take care of the level of commitment
that you would have and it's totally up
to you you know for me I enjoy teaching
I think it's really important for me to
spend time with the students it's okay
but it's not passive income for me I
have other sources of income to provide
passive income like Amazon affiliate
niche sites so I'll get off my soapbox
that was a bit of a rant but that's just
my take on online courses if you agree
or disagree you police let me know in
the comments below I'll respond to all
of them and finally if you are new to
the channel welcome thanks for watching
the video please consider subscribing if
you found what it said interesting and
if you didn't like it leave a comment
let me know thanks
#Best Education Page #Online Earning

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