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    Home»Passive Income

    Master the Art of Passive Income with Dan Go: Building Wealth Through Online Courses

    SwankyadminBy SwankyadminJuly 24, 2024 Passive Income No Comments7 Mins Read
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    Dan Go, is a excessive efficiency coach for entrepreneurs and the CEO of High Performance Founder. After the early loss of life of his mom, Go left a comfortable company job to turn out to be a private coach and ultimately introduced his message of taking well being significantly to entrepreneurs. Go’s concept is that caring for your well being is a approach to rework your life — and your corporation.

    And though Dan enjoys stay teaching, like many entrepreneurs he wanted an answer for scaling his time, income and affect.

    In response he created his on-line course, The Lean Body 90. And though he initially noticed some success, gross sales started to dwindle over time. Sadly that is frequent for a lot of course creators and because of this Dan selected to accomplice with my company, HeyCreator, to create a sustainable course of for monetizing his programs.

    I am going to share the playbook beneath and supply tips about how you are able to do the identical.

    Nurture: The Excessive Efficiency Journal

    Dan produces a weekly e-newsletter that teaches subscribers find out how to construct your physique and improve efficiency, and it takes simply 4 minutes to learn.

    He builds his checklist by posting on social media, doing stay occasions, and taking part in ConverKit’s Creator community; a platform that lets you develop your e mail checklist by partnering with different creators.

    However, constructing your email list is only the start. It is also essential to persistently nurture your viewers with precious content material that helps them make progress in the direction of a particular purpose.

    Far too many course creators have unsuccessful launches as a result of they focus method an excessive amount of on promoting to their viewers versus offering partaking content material in change for his or her consideration.

    Dan spends about a number of hours per week writing his e-newsletter which has been endorsed by different creator-entrepreneurs together with Mark Manson, Dan Koe, Gia Macool, and Ali Abdaal.

    How one can apply this to your course:

    Observe strategic persistence. Maintain off on launching your course till you have constructed and nurtured your e mail checklist. Positive, you could have a bunch of social media followers, however e mail has persistently confirmed to be probably the most efficient methods to promote programs to your viewers. And if you wish to scale back the danger, take into account providing a pre-sale, and solely construct the course as soon as you have generated sufficient income from early supporters. In the event you do not meet your threshold, you’ll be able to refund their cash and check out once more from a special angle.

    Associated: 7 Reasons Why Entrepreneurs Must Workout

    Educate: The Lean Physique 90 Course

    Dan’s course is designed to assist high performers construct muscle, improve power, and burn fats with out intensive time commitments.

    As an alternative of overwhelming his viewers with an excessive amount of data, which might simply be interpreted as fluff content material, Dan focuses on affect and shares a streamlined method to getting match.

    Key options embody:

    • 3×30 Exercise System: Brief, efficient 30-minute exercises thrice every week.
    • Straightforward Consuming Vitamin Plan: Simplifies wholesome consuming and fats loss.
    • Excessive Efficiency Sleep System: Improves sleep high quality to spice up power and focus.
    • Complete Video Library: Demonstrates over 20 actions.
    • Bonus Supplies: Consists of really helpful dietary supplements, journey exercises, and meal recipes.

    One other finest apply, you’ll be able to full the course in about just a few hours, making it a lot simpler to use what you have discovered.

    How one can apply this to your course:

    Take a “less, but better” method. Too usually course creators assume they must cram as a lot data as potential into their on-line course in an effort to make it a “whole lot” for his or her viewers. Nevertheless, the completion charges for on-line programs is round 10-15%. And since individuals suggest courses they obtained nice outcomes from, not programs they obtained an excellent deal on, this low completion fee makes it tougher to develop by means of referrals and testimonials. As an alternative, preserve it easy and concentrate on affect. Generally, it is helpful to design your course in order that it may be accomplished over the weekend.

    Associated: 3 Ways Founders Can Connect With Their Customers to Drive Sales

    Monetize: The Course Launch Technique

    Dan companions with my company, HeyCreator, to supply and optimize promotional webinars the place he highlights the advantages of his program and encourages attendees to affix in.

    To keep away from coming off as too salesy, these promotions usually solely run to new subscribers to new subscribers that signed up inside the final three months (often 10-15K are eligible).

    And, this is the precise playbook so that you can leverage.

    Earlier than:

    You possibly can’t run successful webinar if you do not have sufficient attendees. Sadly, many entrepreneurs mistakenly consider sending one e mail saying your occasion is sufficient. To extend registrations, we usually ship three or 4 invitations to his viewers. And, these invites do not simply ask subscribers to attend, we spotlight what they’ll count on and the outcomes Dan has already delivered to 1000’s of scholars. We then create a conversion optimized touchdown web page to show guests into registered attendees.

    Throughout:

    The stay webinar is basically targeted on educating his viewers, with the final 10 minutes put aside for selling his course. This concentrate on schooling will increase viewers retention and permits Dan to focus on the transformation they’ll obtain by following his steerage.

    My company handles all features of manufacturing the webinar so Dan can concentrate on delivering a tremendous expertise. He additionally saves loads of time to reply questions, which will increase readability and belief.

    After:

    As soon as the webinar has concluded, attendees will obtain a collection of emails over the subsequent 5 days which additional spotlight the advantages of Dan’s program and encourage them to affix. On the gross sales web page we embody a brief video of Dan explaining this system and embody testimonials from earlier college students who share their transformation.

    To extend conversions, Dan additionally features a 24 hour quick motion bonus. Attendees who make a purchase order inside that point interval can even be eligible to affix a free group teaching name.

    How one can apply this to your course:

    Notice hope shouldn’t be a method. Positive, you labored exhausting in your course and nurtured your viewers. It is tempting to imagine they’re going to simply “get it” and make a purchase order. They will not, not with out extra effort in your finish. However the bottom line is to focus on the outcomes they’ll expertise and share tales they’ll relate to. It is also straightforward to really feel uncomfortable asking your e mail subscribers to make a purchase order, particularly once you’ve already requested them greater than as soon as. You might be involved that they will get turned off or unsubscribe. Fortuitously, you’ll be able to arrange automations that enable your viewers to choose out of additional promotions with out unsubscribing to your total checklist.

    The Outcomes: Vital earnings from digital course gross sales

    Dan is not one to brag, however his promotions carry out extraordinarily nicely and he runs 4 of them per 12 months. He additionally upsells into one other product after buy, additional rising the income generated.

    A portion of this income is reinvested again into his enterprise to pay for belongings and assets wanted to maintain his course enterprise working on autopilot.

    Are these outcomes typical? No. Dan is an instance of extraordinary success and he is labored exhausting to realize these outcomes.

    However fortuitously, success leaves clues and you may observe his blueprint to producing income out of your programs as nicely.



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