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New Ideas for My Online Teaching Business

In the book, The Choose Yourself Guide to Wealth, James Altucher talks about the power of coming up with new ideas.

I’m constantly thinking about new projects, ideas to generate sales, and ideas to make my life better.

In my latest Facebook video, I went through 7 ideas that I’ve had recently.

I also talked about how to execute an idea and whether you should act on an idea or not.

Check it out!

My Latest Ideas

1. Create a recurring subscription for feedback on speaking and/or writing. Hire others to give this feedback

2. Create a secondary email series based on the answers given on a survey at the end of the first series. So, if someone tells me that they can’t afford the course, I could send another course and ask these people to share my content for access.

3. Create a subdomain (courses.mysite.com) where teachers can create courses. Learners take these courses and leave reviews. Some type of profit sharing agreement would be needed.

4. Give every learner who signs up to my course the opportunity to join the affiliate program.

5. Hire someone to take longer videos and create content (smaller videos, articles, pictures) from this.

6. Create a viral competition

7. Hire someone to create viral quizzes and pump them out!

What am I Going to Do?

My two courses, TEOC and TFP are my two main income streams.

I want to keep doubling down on these while spending 10-20% of my time growing other revenue streams.

There are so many ways that I can improve what I already have. For example, I’m looking to double the amount of learners going through my email funnel. With all being equal, this will double sales. The viral quizzes, advertising, and my affiliate program will help with this.

My question for you is this: what ideas have you had recently? Are you going to act on them?

WANT TO TEACH ONLINE? START HERE...

If you're curious about online teaching, get my free video series on how you can get started. Click the button and enter your details to get instant access to video 1!

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earn more online

Online Teachers: What’s Stopping You from Earning More?

One of my first posts talked about how starting your own teaching business gives you the potential to earn more.

The reason is simple: you are in control of all aspects of your teaching business.

You can set your own prices. You can teach more lessons. You can create online courses.

However, many never earn what they set out to earn.

I wanted to know more so I asked the following question on my Facebook page:

The answers were fascinating. I decided to make a video to explore this further. Here it is:

NOTES

  • Think about your priorities. Is this really important to you? Are you making it enough of a priority?
  • If you’re not getting enough students, look at your conversion funnel, how you get the benefits of your lessons across, and what you’re doing to bring in more learners.
  • If you’re hesitant about raising your prices, know that they can be flexible.
  • If you’re against earning more because you think it will affect your work/life balance or your happiness, know that I have an amazing work/life balance, I’m happy, and I’m earning more. These things aren’t mutually exclusive.
  • If you want to earn more, get started, enjoy the process, keep improving, and be grateful for what you have.

Don’t just read these notes. Watch the video. I think you’ll get a lot out of it.

Prefer to watch it on YouTube? Click here.

And then, get my free training here. Or my premium training here.

Thanks for reading!

WANT TO TEACH ONLINE? START HERE...

If you're curious about online teaching, get my free video series on how you can get started. Click the button and enter your details to get instant access to video 1!

how-to-teach-engish-online