Education Matters: Interesting Courses for the Entrepreneur

When I left university, I thought I was done with school. I’d learned the basics of reading, writing, and ‘rithmatic. I could get a job and make a living now. The more I talk to people with higher ed degrees, the more I realize how much education really matters. It’s not about knowing facts but improving your own emotional intelligence. Some of us might not be able to take the time to go get a Master’s degree. This doesn’t mean we can’t continue in our education. Entrepreneurs love to read books. And they love to give courses. But one thing many of us neglect is real coursework. If you’d like to continue in your education, here are some of the most interesting courses any entrepreneur could take right now. 1. Digital Marketing with Udacity Digital marketing is such a broad topic. And when you don’t know where to start, you might just […]

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My March 2017 Monthly Income Report

Welcome to my March 2017 Monthly Income Report. Fun fact: This is the 102nd monthly report published here on the blog. As always, I’m happy to share with you what happened during the past month, from the actions taken to the lessons learned, and, of course, the earnings report and where it all comes from. March was an extremely busy month, but also very exciting. A lot of hard work from the past six months paid off in March, and I’m stoked to talk about the results of two course launches that happened. Yes—two courses. 🙂 Am I crazy? Probably, but also very excited to be moving forward with the goals I set for myself and the business. With no more delay, let’s get right into it. Important Goings-On in March Two courses? Yes. Let’s start with the one that’s more well known, Smart From Scratch, which opened up for […]

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My July 2017 Monthly Income Report

Welcome to my July 2017 Monthly Income Report. Thanks for checking it out! Each month, I write a detailed report about my online businesses, including what I’ve been up to, the lessons I’ve learned, and, of course, the money I’ve earned online. I’ve been publishing these reports since October 2008, so make sure you check out the income reports page if you’d like to go back in time and check out the complete history. If this is your first time at Smart Passive Income (SPI), thanks for being here. SPI was built to serve others by experimenting with my own trials and errors. Sometimes the business experiments I try work well, and other times they don’t. But each time there’s a lesson involved that I can pass on to you so you can have better insight and knowledge moving forward with your own business or project. Smart Passive Income isn’t […]

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31 Tips from 31 Course Creators on How to Build and Launch a Successful Online Course

Entrepreneurs from various niches share their number one lesson learned from creating an online course. Pat Flynn August 7, 2017 This was my first year experiencing what it was like to create and sell online courses. With one public course launched (Smart From Scratch®) launched earlier in the year, and another one that just launched last month (Power-Up Podcasting®), I’m already experiencing the benefits I always heard other course creators talk about: Increased income, yes. But, more importantly, increased amounts of success stories. Truly, there’s no better way to package up information you have to solve a problem, and provide a win for your customer while also getting paid at the same time. As an advisor now to Teachable, the online platform I use to host and sell my online courses, I knew there were tons of other course creators out there—many more and different experiences than my own—who could offer […]

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SPI 222: The Right Products at the Right Price Point with Ramit Sethi

Ramit Sethi is back on the show this week, and as usual, he’s brought some serious strategy with him. Today, he’s talking all about matching your digital products or services with the perfect price point for your audience. I discovered Ramit and his blog back in 2006, before I became an entrepreneur myself. He taught me valuable lessons about online business, building wealth, and designing an income. Ten years later, he continues to teach me so much! I’ve invited him on the Smart Passive Income Podcast twice before (for Episodes 92 and 170), and it’s my pleasure to have him back today. You’ll hear Ramit’s hard-won wisdom on identifying your audience’s pain points, designing the product they crave most, finding qualified customers, and guiding them through to purchase. Ramit also gets honest about pricing your products, the danger of discounts, and how often he sees entrepreneurs fail to value their products appropriately. This interview is packed full of expert […]

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SPI 219: How Meghan Telpner’s Culinary Nutrition Academy Makes You Rethink Traditional Online Courses

Meet Meghan Telpner, founder of The Academy of Culinary Nutrition, an online certification program with a jaw-dropping 97 percent success rate. Meghan’s students are clamoring to pay top dollar for her nutrition certification course, and I’ve invited her here today to find out why. Before creating her wildly successful online course, Meghan taught aspiring nutritionists out of her home, but meeting demand wasn’t easy. Transitioning to online meant she could reach a greater audience, generate more income, and enjoy more time to herself. That transition has paid off in a huge way: Not only is her course more successful than ever, but Meghan was also just ranked as one of the top 100 female entrepreneurs in Canada by PROFIT magazine! Meghan’s course requires a serious investment from its students—financially, energetically, and mentally. Today, Meghan’s going to share exactly how she attracts students willing to make that investment, how she continues to grow her course, and […]

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SPI 209: The Power of Community—How Noah Bradley Made Art Camp

It’s my pleasure to introduce you to Noah Bradley IV. Not only is Noah an incredible visual artist (Magic: The Gathering, anyone?), but he’s also the founder of an incredible community and online school called Art Camp. Before founding Art Camp, Noah was frustrated by the options available to fellow artists who wanted a quality education. Art school isn’t cheap, and many artists take on enormous debt in order to get the training they need. Noah saw a way to help: he’d offer up his years of professional experience in an online course, using a series of videos to teach key skills to fellow artists. Today, Art Camp isn’t just a profitable passive income stream for Noah—it’s a thriving community of artists who support and learn from each other online. Noah’s here with me to share how that community grew, plus the tools he uses to produce and maintain his course material. He’ll also open […]

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SPI 207: The Voice Within and Jess Lively’s Journey from Jewelry to Over $200k in Online Business Revenue

Today, we’re getting into the deep stuff. Jess Lively is here to explore what can happen when entrepreneurs listen to their own intuition—and how it’s impacted her journey to a successful career as a business coach. Jess got her start early as a jewelry maker, but as her business grew, she realized her passion lay elsewhere. Today, she inspires other entrepreneurs through her coaching business, online courses and education, and one seriously awesome podcast. In this episode, Jess shares how she built her incredible business empire, but she also digs into a side of entrepreneurship we rarely talk about: what to do with those “gut feelings” and that voice inside of us that pipes up whenever we’re facing major career crossroads. She delivers some amazing advice you’ll want to listen to over and over again. I’m so excited for you to hear this truly special conversation. Thanks for Listening! Thanks so much for […]

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How SPI Made Me More Income Than 3 Bestsellers and 2 Movie Deals

Karan Bajaj is a number one bestselling Indian novelist who created his first online course just a few months ago. In this post, he describes how SPI helped him create a profitable course with no email list or prior online business experience in less than a month. A must read for anyone who is on the fence, debating whether online courses are right for them. I was at the end of my rope. For eight years, I’d been writing novels on weekends after working all week at my day job. My novels were number one bestsellers in India and optioned into films, one by a Hollywood production house who produced Talladega Nights and Get Shorty. And now, Penguin Random House will be publishing my first international novel, The Yoga of Max’s Discontent, on May 3 in the US. On paper, this writing resume may appear solid, but let’s peek under […]

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(Updated Recording) Types of Passive Income Generated Online and What to Expect From Each – Part 3

Today’s episode is the final chapter in my revamped, three-part series on getting started with your own passive income business. Part one brought you the basics, exploring what to put in place before creating your business. Part two walked you through building an audience once you’ve laid your foundation and a few different models for generating passive income. In part three, I’ll explore even more passive income business models that will help you break free from trading your time for money. I’ll explore how to get started with membership sites, software, and productizing other freelance services. Each of these passive income models allows you to put in time up front, reap long-term profit, and experience the flexibility and freedom that makes the passive income lifestyle so incredible. No matter what approach you choose for your online business, I hope this series inspires you to take the plunge! Thanks for Listening! Thanks so much for joining me again this week. […]

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(Updated Recording) Types of Passive Income Generated Online and What to Expect From Each – Part 2

Last week, I kicked off a brand-new, three-part series on getting started with your own passive income business. This week, I’m back to bring you part two! Part one covered the basics of starting out with passive income and explored what to put in place before creating your business. In part two, I’m going to walk you through what happens once you’ve laid that foundation, and you’re ready to build an audience. The types of passive income I’m covering today include affiliate marketing, advertising, e-books, and online courses. I’ll teach you some key first steps for getting started, some thing to do and some things to avoid as you start creating, and my personal experiences with each income model. I’ve also got some great resources recommend—tools I’ve either used myself or seen others use while building successful online businesses. And don’t forget to join me next week for part three, where I’ll explore four more […]

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