James Schramko Podcast

Looking at creating an online course for your membership? Check out this episode of SuperFastBusiness for a deeper look at the hows of course making.

In a solo podcast episode, James Schramko goes step-by-step through the diagnostic questions he uses in his high-level business coaching program.

What are the pros and cons of revenue share deals, and how is Outsourcing Angel’s Charley Valher doing in his recent pursuit of them? Find out in this episode of SuperFastBusiness.

In this episode:

01:50 - Who’s your best customer?

05:49 - Creating a product for yourself

08:20 - Choosing your space

09:57 - The danger of being a pioneer

11:59 - How to validate your idea

16:50 - What a course feeds

18:32 - More on the back end

21:58 - Do something that is going to sell

24:56 - Two big tips

26:17 - Wrapping up

Create, sell and leverage valuable online courses with James’s personal coaching

Part 5 of the series

Grab Getting The Most Out Of Making An Online Course (and the PDF transcription)

Transcription:

James: James Schramko here. Welcome back to SuperFastBusiness.com. This is Episode 619 - Which Online Courses Will You Create in 2019? Today, I brought along my special guest, John Lint. Welcome back.

John: Hey, everybody. Nice to be back. Thanks for having me, James.

James: John, I'm enjoying doing this Membership Series with you because we are covering some really great topics. Some of the things we've talked about have really only ever been discussed behind closed doors, and certainly not freely available online up until the series, and that's because we've been working away behind the scenes. I've been working inside SuperFastBusiness membership. You have been helping members of 10XPRO.io software, which is your baby, and you've been growing that and it's turned into quite the machine.

So today, we're going to tackle this subject of which online courses will you create in 2019, because it's a great time to create a course, because the platform has never made it easier. And with some of the ideas we're talking about in this podcast series, we're actually getting some usable information. So get out the notepad, grab a coffee, this episode is going to be punchy. And we're going to cover a few things you might want to do, especially in that research phase, which is probably the most critical phase before you go launching that course. You ready?

John: Yeah, ready. Let's do it.

Who’s your best customer?

James: So something I look at is who is your best customer. And often that best customer in the past many times has been me. I’ve been the one going through the research phase. I've been the one pulling out the credit card. I've been the one buying things and joining memberships and getting courses. And as I did that, I became quite the expert in what things were good and what things were not good.

And I remember one of the first successes that I had online was being an affiliate for some software,

Keeping a paid membership running all on your own is not ideal. James Schramko and John Lint talk about building and sustaining a supportive team in this episode of The Membership Series.

What goes into the everyday running of a successful paid membership? Find out in our latest episode of The Membership Series.

How do you bring quality members into your paid membership? Find out in the third installment of the Membership Series.

If you have or ever wanted to grow a successful business on the internet then http://www.superfastbusiness.com/ can help you. You will find many great tips videos and podcasts covering related topics such as websites,

The first step to a successful paid membership is an idea that sells. Find out how to validate your membership idea in this first episode of the Membership Series.

In the podcast:

01:31 - Why this episode?

03:39 - The situation at time of quitting

05:19 - Post-job nightmares

06:39 - Surprising success in speaking

08:03 - From workshop to forum

10:22 - Globe-spanning experiences

11:39 - Continued developments

13:59 - Shifting perspective

14:47 - A rewarding pursuit

16:31 - A life of choice

17:59 - Is it really important?

20:31 - The good of helping others

21:43 - It's up to you

23:08 - What can happen in a decade

Pave your way to financial freedom with James’s personal coaching. Click HERE.

Download the PDF transcription

Transcription:

James Schramko here. Welcome back to SuperFastBusiness.com.

In today's episode, 593, it’s just me. I want to share with you a journey, a journey of a decade, and an important lesson that I've learned as a result of that journey.

If I think back to Sunday nights when I still had a job, they sucked. I mean, they were better than a few years before that when I was working seven days a week, but on these Sunday nights, I'd had the day off on the Sunday, and now it was time to polish my shoes, hang out my tie and my suit and grab a freshly-pressed shirt that I was getting from the laundromat so that I was ready to go in the morning.

In the morning, I dropped my kids off to school on the way to work. I remember my daughter actually rolling her eyes, saying, “Dad, this sucks.” And I said, “Yes, it does.” And I knew beyond the job there had to be an escape.

Why this episode?

The reason I'm doing this podcast episode is that it's been 10 years since I quit my job.

I remember that pressure cooker of a dealership. It was a Mercedes-Benz dealership. I had all these managers and staff - there were over 70 people in three different sites that I was responsible for. And I still had to report to the owner of the business and to head office, who were pretty picky with their numbers and their standards.

I needed to get out because I was worried I'd become one of those bitter old car people. You've probably met one of them in your time if you've ever been to a car dealership.

I remember driving into work on the last day and handing in my keys and saying, “Thank you very much, but I'm leaving.” And this is pretty much unheard of, to hand in your notice on a $300,000 a year circa package. I was a little bit scared. It was probably one of the most frightening moments of my entire life. And the now me can hardly fathom or comprehend how the then me had the balls to do it. It was crazy. And it was, even in hindsight, a little bit reckless, but I had managed to swing an equivalent income for myself from my own business. So I had some confidence in the ability for me to swing from one vine to another. But gee, it’s been a 10 years of unbelievable journey and growth and challenge and conquests. It's been an amazing ride, and I just want to share some of the things and see what lessons are revealed.

At that time, I had a couple of properties and a share portfolio. Now I had to hand in the company Mercedes-Benz and my wife's company Mercedes-Benz, and I borrowed a car from my mom and dad at the time to drive home, but it actually broke. So I remember walking into the used car manager's office and I put down my credit card and I bought a trade-in. It was a little Saab Griffin Turbo,