The World's Most Perfect Business
Free Book Reveals
How To Turn
Into A Massive, Passive Income
Through Online Courses!
Welcome and thanks for visiting!
I'm Dave Espino and I am committed to helping you succeed with your own "How-To" video courses!
I help you leverage who you are so you can live your best life!
Why learn from me? Well, I’ve sold over $140 million of my own "How-To" video courses and related services, so I'm pretty qualified to help you with YOUR "How-To" video courses!
This was Dave Espino, and I thought I'd talk to you about the world of online teaching. I've been teaching online for almost two decades, and I wanted to do something I'm asked about a lot which is giving some tips about online teaching.
Well One of the Tips I Would Give is Just Get Started
Don't hesitate, don't slow down. Don't, don't stop because of you. Stop. You lose momentum, and if you lose momentum, you go into a negative spiral.
So I would recommend just get started. And the second tip I would give is forget about perfectionism. Forget about getting the course just right. Perfect. 100 percent on your first course. When you're first doing your very first course, you want to just get it done. You want to get through the process so that you learn the process so you can come back the second time and be much stronger.
Why Perfectionism Can Hinder Success
So that would be my second tip is forget about perfectionism. It doesn't have to be perfect, it just has to get done which is important because so many people waste a lot of time. Thinking I've got to get this perfect, I've got to show my best side, it's gotta be just right; and the problem with that is that also stops you and gets you into a negative spiral.
Anytime you stall in creating your online course business, that's not a good thing. It'll not only stall you bit, it might slow you down and might even stop you. I've seen a lot of people get stopped completely with either perfectionism or just they never got started at all.
Make Sure You Have the Proper Tools
The third tip I would give is start off with a screen recording tool. Don't use a face to camera course like this. Do a screen recording course because those are a lot easier to do, a lot easier to create and there are a lot easier to edit so you can get a screen recording course done very, very quickly.
It's very, very easy to do so those are three tips I would give you if you're just getting started in the online course business. Now if you're just getting started, I'm in the process of creating a fast start starter kit just for you. It's for anyone who's just getting started with the online course business. I'm going to have that link for you when it's available, so be sure to check out my future posts soon. I’ll see you next time.
Hey this is Dave Espino, the InfoBoss, and today I wanted to answer a question I heard recently which is “how do I know I'm good enough to create an online course?” You know, that's kind of a common thing that people deal with before they create their first online course and before they start getting some feedback from students.
Now here's the thing. Let me ask you this question. Have you ever shown anyone how to do something? Have you ever taught your kids how to tie their shoe? For example, have you ever shown a teenager how to fix a flat tire or how to change out a tire? Have you ever shown anyone anything? Chances are good that you have, whether it's been on your job, whether it's been in, in parenting, or whether it's just been in the world in general, right? So if you ever taught anyone how to do anything, then you have the skill of teaching.
Making a Course Exciting and Interesting
The question now becomes, how can you make a great course that people will be excited about and they'll be interested in? First of all, you've got to sell the course as is and not over promise on your course. The ideal thing would be to under promise and over deliver so you can do that by making sure you have a great outline for your course, making sure your cover all the different aspects of that topic, and by targeting an audience that's going to be grateful for your knowledge.
Now, understand that you're not either a world's leading expert or nothing. There are different degrees of expertise and so you can be an average knowledge person about a topic and you can still teach people who are below average knowledge, right? Those who are newbies or beginners, so you can still be the expert to these people.
Getting Better, and More Advanced
Likewise as you get better and better at your business or whatever it is that you're teaching, then you can start to teach more and more advanced topics, but there's a range. Understand it's not either I'm a top the world's leading expert on this or nothing.
There is a range and you can be in that range and you can find your best target market that will benefit from your level of knowledge and expertise, so understand that, that it's not about whether you're good enough or you know enough. It's really about whether you can find that market of people who are below you in terms of knowledge and expertise, and skill and train them to get to their next level. That's really all we're doing.
And another thing I would recommend is take a look at some of the other courses that already exist on your topic; do a little bit of research and find out what other courses are out there.
And very soon you'll see that you could do better than some of these other people who are teaching online courses.
You're going to think about it and you're going to go, “oh, I could teach this, that they're not teaching,” or, “oh, I could teach this better by using this process or this example than what they're doing.”
So very, very soon you'll see and you'll start to gain that self esteem and that confidence that yes, you can teach online courses. If you like the online course business and liked the way it sounds, I have an online course fast start kit that's going to give you tips, tricks, and resources to get you off to the best start in your online course business.
That fast start guide should be available soon, so keep an eye out for that in future articles. I'll see you next time.
This is Dave Espino, the InfoBoss. Today I wanted to answer a question I've been hearing a lot, “which is the best website for teaching online or creating courses, which website is paying more now?” It's kind of a loaded question too, because there are really a variety of websites out there where you can publish your online course.
Publishing on a Marketplace – The “Marketplace Model”
If you're talking about a marketplace business model. Then one of the best websites is Udemy. Udemy has 24 million students at this point, and they have this tremendous ecosphere where they bring a lot of people in, they do a lot of marketing and then people find your course through their search engine and that's a great model.
I call it the “training wheels” for the online course business.
There were other similar sites like Skillshare, Skillsuccess, CyberU, Learning.ly, and several other sites like this where you can publish your course on these websites.
None of them hold a candle to you in terms of market reach right now. That can change in the future. If you already have a captive audience of people and guess what?
Amazon, Google, Youtube, Facebook; they already have massive captive audiences. It'd be a no brainer for these companies to launch into the online course business and then watch out. It's going to be incredible when that happens.
My Favorite Method – The Self Hosted Model
There is this marketplace model with Udemy and some of these other marketplaces I mentioned, but there's another way. If you really want to make a lot more money with your online course, use the self hosted model.
That's where you decide to be your own boss, host your course on your own site using either a website called Teachable, Thinkific or even Clickfunnels, and you're able to drive your own traffic to your own course and you can charge as much as you want.
That's a big difference between a self hosted model and the marketplace model. The marketplace model typically has pricing restrictions or they determine the pricing of your courses, which is horrible, right? With a self hosted model, you determine the pricing and you can price as much or as little as you want. Self hosted courses can sell for $67, $97, 200, $297, $597, $997 and $1,497 just to give you some ideas.
That's a lot better than selling a course for $14.99, right? A lot better.
Now You Must Decide
So in answering that question, you've got to determine; do I want to go the marketplace direction or do I want to go the self hosted direction?
The marketplace direction is where you create a course and you publish it on the marketplace and they kind of take over from there. They do the marketing, they set the pricing, they have guidelines and restrictions, and there's competition as well that you have to deal with and that kind of thing. You really leave a lot to someone else.
When you go to the marketplace model. In other words, you have very little control over your earnings other than let me create another course. Let me add another course. Let me add another course. And I've been there. I've done that. I have 52 courses on these various marketplaces, and I can't complain because they give me a good base income that I can then grow.
What Works For Me?
But I make a lot more money on my self hosted courses, and only have eight self hosted courses and at least 10 to one versus the marketplace courses. And I don't have to deal with all kinds of guidelines and restrictions and competition and any of the self hosted. So it really is worthwhile to look at the self hosted business model as the way to go, and if you're just getting started than Udemy is great. I call it the training wheels. For the online course business it's great because you don't have to do as much, but very, very quickly you should get into looking at the self hosted model because that's where the real action is.
That's where the money is and that's where ultimately your full satisfaction and success is gonna come from.
If you were interested in the online course business at all, I call it the world's most perfect business. If you’re interested in the online teaching business I'm launching a brand new online course fast start kit. This is a brand new fast start kit with tips, tricks, and resources to get you off to a fast start with your online course business. I'll be releasing my fast start kit soon, so be on the lookout for the link in a future article! I hope my information helped, and I’ll see you next time.
Hey my name is Dave Espino, the InfoBoss, and today I want to discuss the differences between teaching online or teaching live classes as an introvert.
Now I'm an introvert, so I think I'm a perfect person to answer this question and really there's no doubt that the best way to teach if you're an introvert is online. Online courses allow you to teach one to many, and yet feel like you're talking to just one person; one on one.
Tips for Teaching Online Classes
So if you're doing it right, or if you're creating your online courses correctly, you should be speaking to the camera or to the microphone as if you have a close friend right next to you. Maybe even pretend to be looking over your shoulder as if you're showing them how to do something.
That's probably the best way and the best approach to take because it eases you have any nervousness. You're talking to your friend so it should be pretty easy, and it comes across as very personable and friendly when you do it that way.
I always just imagined I'm talking to a friend, a close friend, and I'm just relating to them either on camera or when I'm narrating a Powerpoint presentation.
Even Introverts Can Teach Live Classes
That's a great way to go, but I've taught in classroom settings as well. I used to be in the financial services business, and I used to teach insurance classes and securities classes. That is mutual fund investments. I have IRA’s, retirement plans and things like that.
So I've been on both sides of the fence and you know, you'd be amazed that even if you're an introvert, you still could teach real classes, live classes, you know, to a group.
I used to have groups as large as 50 or 60 students at a time. And you know, introversion doesn't necessarily mean that you don't ever want to talk to anybody. It just means that your batteries get a uncharged very quickly if you're in a large setting with a lot of people in that kind of thing.
Why I Prefer Teaching Online
That's all it really is, but you can work your way into teaching live classes by starting first with online classes. If I were to choose between the two I would say that teaching online classes is a far better way than teaching live classes, but not just for the introverted aspect. You can reach a lot more people with an online pre recorded course. Right? Right now I have over 70,000 students around the world in 182 countries, so I have people right now all over the world that are taking my courses right now.
It's amazing. I could not duplicate that in a live setting because in a live setting, you have to be there. You have to be there live and presenting, so in a live setting it also limits your financial ability; your ability to earn income because you can only be in one place at a time.
With the online course business, you can be in all these places at the same time. So there's my answer. I strongly recommend the online course business. I call it the world's most perfect business, and if you're interested in this business I have a free ebook that goes over the business. It's called The World's Most Perfect Business, and you can get a free copy at DaveEspino.com/freebook. I hope my information helped, and I’ll see you next time.
Hey this is Dave Espino, the InfoBoss, and I want talk about some of the things needed to get started with online teaching.
The Four Things Needed to Teach Online:
A Good Topic
The first thing you need is a really good topic. It's amazing how far you can get when you have a great topic that's in demand, and having an in demand topic makes everything so much easier. If you have a topic that's not quite as in demand that really slows you down. You want to focus on a topic that's going to be massive appeal or at least as mass appeal as possible, given your particular talents, skills, and abilities.
A Good Course Outline
The second thing you need is a good outline for your course, and in another one of my articles I've walked you through that whole process of how to outline your course and how to do it. So you come out with an amazing course, so that's what you need next is a good outline for your course
Screen Recording Software
The third thing you need is a screen recording software, and the one I recommend is called Screencast-o-matic.This screen recording software is so awesome.
It's super inexpensive, only 18 bucks a year. Okay. It outputs very high quality HD video as well as a HD audio. It's an awesome tool because it allows you to create tutorial videos by just recording everything you're doing on your computer screen. You could use it to go to a website and show people how to use a website if it's an online tool, or you can use it to open up software on your computer and record everything you're doing in the software.
The fourth and final thing you'll need is a decent microphone. You can get a decent microphone for anywhere from $40 to $60. I use a blue Yet, and that one's more in the hundred dollar range, but really you could get by with a good $50, $60 microphone, even a good headset that gamers use can be good enough just to get started.
And That’s Everything!
So really for about $70 or $80, you can get started in the online course business. You can create as many courses and info products as you want!
And every one of those becomes a new passive income stream that's bringing you income for years and years to come.
If you’re interested in the online course business, but still don’t know where to start I have a free ebook called The Worlds Most Perfect Business that talks all about this business. If you are interested in the online course business, you can grab my free ebook at DaveEspino.com/freebook. I hope you found my information helpful, and I'll see you next time.
Hey this is Dave Espino, the InfoBoss, where I teach you how to sell your Info like a Boss. In this article I'm answering the question "what are different types of information products that one can profitably sell online?"
This is a great question because when we think of information products, we often think of a video course video training of some kind, right? But there are all kinds of information products that you can create and sell online.
Basic Types of Information Products
For example, at the most basic level, you've got the Ebook. You can create an Ebook by writing a word document, converting it into a pdf file, or saving it as a pdf file and there's your Ebook. You can also put that ebook on the Kindle Marketplace and let Amazon sell your ebook for you. You can then take that ebook and, just like my book, you can turn it into a physical book by using the CreateSpace service on Amazon as well.
You can also sell a special report as an information product. A special report might just be a downloadable pdf, and maybe has live links in it and that kind of thing. Or you can create is what's called a White Paper, which is just a fancy word for a special report. That is all of the information products in the realm of kind of the books reports.
Different Types of Online Information Products
Another type of information product is a video course, such as an online video course. Now the online video course is so much better because it has a higher perceived value, and it has a higher actual value. That's because people can get transformation much more easily through an online course where they're hearing you and seeing you demonstrate things than they can in a book.
So that's an incredible information product by itself. Also When you attach to an information product or an online course, attach some coaching to it. Now you can sell that for a lot more money because now you're providing a lot more value. When you attach a private Facebook group where they can get support or email support or one on one coaching, you can really raise the price on that information product.
Now, there are other forms of information products, for example you could create a Powerpoint presentation and you could put that up on a website called Slideshare. If you have a little bit of promotional things towards the end of that presentation, you can drive traffic using that slide presentation.
Another form of information product is a podcast. Now, a podcast is monetize differently than an online course. You might monetize a podcast by getting sponsors for your podcast or by advertising different products on your podcast, same as being a Youtube creator, although that's come under fire in recent days.
Becoming a Youtube creator is not nearly as profitable as it used to be. A lot of channels have been demonetized, but blogging is still a great way to create information and information products. And the blog is monetized through ads. Monetization comes through either the Google Adsense program (where you automatically populate your blog with Google ads), or offering affiliate products along the side of your blog or in your blog and creating an email list of all your visitors so that you can then also offer them affiliate products in the future.
Those are just a few of the different ways that you can create an information product. I love the online course business so much. I call it The World's Most Perfect Business, and I recommend that you get my free ebook. It's all about the online course business; the information products business. It's going to blow you away and it's going to amaze you with how much there is in this business, and how incredible it is for you to be able to make an ongoing passive income with your content, your superpower, your talents, your experience, and your skills. You can find my free ebook at DaveEspino.com/freebook. I look forward to seeing you next time.
Hey this is Dave Espino, the InfoBoss, and today I wanted to talk about some examples of really valuable information products.
The Most Valuable Information Products
The most valuable information products typically come with some coaching or some mentorship. I have a mentorship program for example, that sells for $997. In my mentorship program I give more of myself than I do in my standard online courses. That's what makes an online course or an information product valuable is how much access you have to the expert.
Although my mentorship program sells for $997, I've sold mentorship programs for as much as $5,000 and some of my friends in the information product space have really high end coaching offers. These are more like high level masterminds that require all of the expert's time and sell for 50,000 to $100,000.
What Gives Your Information Product Value
The really high ticket information products, anywhere from $1,000 all the way to $100,000, are typically going to require more of your time as the expert. So just to give you a quick example of my mentoring program, it's called The World's Most Perfect Business mentorship program. In it I walk you through an entire six weeks of training, about nine or 10 hours of core training. That includes action guides, one on one calls with me, group coaching sessions where we get together as a group and I do a little bit of training and answer some questions and help you coach you along. It also includes a private Facebook group. All of these things require some of my time to help you to be successful.
So whenever you have that type of dynamic happening, you can charge a lot more for an information product.
How do you Create a High Ticket Information Product?
You give more of yourself; I call it the hierarchy of you. In other words the less of you that they get, for example an inexpensive course that you might find on a marketplace platform, the lower the cost is going to be. With that the more of you that they get, the more it's going to cost because there's only one of you, and you could sell hundreds of thousands of individual courses that don't require your time. So when you are willing to give up your time, then of course you should be charging a lot more.
Think of it as a consultant or a highly paid consultant where you're actually giving of your time, and that holds a huge amount of value. That's how you create a high ticket information product, by either giving an action guide, supplementary resources, supplementary training, one on one coaching, group coaching, private Facebook community; all these things add up.
I know I could charge a lot more than $997 for my program right now, but my goal is to get so many people successful in the information products and online course business that I can then bump it up to $1,997 to $4,997 and so on.
So that's how you create a high ticket information product or online course. If you like the information product business in the online course business, be sure to get my free book. You can find it at DaveEspino.com/freebook. I'll see you next time.