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

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Dan Go, is a excessive efficiency coach for entrepreneurs and the CEO of Excessive Efficiency Founder. After the early demise of his mom, Go left a comfortable company job to develop into a private coach and finally introduced his message of taking well being critically to entrepreneurs. Go’s principle is that taking good care of your well being is a approach to rework your life — and your small business.

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

In response he created his on-line course, The Lean Physique 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 that is why 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 under and supply tips about how you are able to do the identical.

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Nurture: The Excessive Efficiency Journal

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

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

However, constructing your e mail listing is only the start. It is also vital to constantly nurture your viewers with beneficial content material that helps them make progress in direction of a selected objective.

Far too many course creators have unsuccessful launches as a result of they focus approach 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:

Apply strategic endurance. Maintain off on launching your course till you’ve got constructed and nurtured your e mail listing. Certain, you could have a bunch of social media followers, however e mail has constantly confirmed to be some of the efficient methods to promote programs to your viewers. And if you wish to cut back the danger, take into account providing a pre-sale, and solely construct the course as soon as you’ve got generated sufficient income from early supporters. For those who do not meet your threshold, you may refund their cash and check out once more from a distinct angle.

Associated: 7 Causes Why Entrepreneurs Should Exercise

Educate: The Lean Physique 90 Course

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

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As a substitute of overwhelming his viewers with an excessive amount of info, which may simply be interpreted as fluff content material, Dan focuses on influence and shares a streamlined method to getting match.

Key options embody:

  • 3×30 Exercise System: Quick, efficient 30-minute exercises 3 times per 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: Contains advisable dietary supplements, journey exercises, and meal recipes.

One other greatest apply, you may full the course in about a couple of hours, making it a lot simpler to use what you’ve got discovered.

How one can apply this to your course:

Take a “much less, however higher” method. Too typically course creators assume they need to cram as a lot info as doable into their on-line course as a way 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 advocate programs they received nice outcomes from, not programs they received a superb deal on, this low completion charge makes it tougher to develop by means of referrals and testimonials. As a substitute, maintain it easy and concentrate on influence. Most often, it is useful to design your course in order that it may be accomplished over the weekend.

Associated: 3 Methods Founders Can Join With Their Prospects to Drive Gross 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 hitch in.

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

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

Earlier than:

You may’t run successful webinar if you do not have sufficient attendees. Sadly, many entrepreneurs mistakenly consider sending one e mail asserting your occasion is sufficient. To extend registrations, we sometimes ship three or 4 invitations to his viewers. And, these invites do not simply ask subscribers to attend, we spotlight what they will 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 reside webinar is essentially targeted on educating his viewers, with the final 10 minutes put aside for selling his course. This concentrate on training will increase viewers retention and permits Dan to spotlight the transformation they will obtain by following his steerage.

My company handles all facets 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 sequence of emails over the subsequent 5 days which additional spotlight the advantages of Dan’s program and encourage them to hitch. 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 hitch a free group teaching name.

How one can apply this to your course:

Understand hope just isn’t a method. Certain, you labored laborious in your course and nurtured your viewers. It is tempting to imagine they will 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 spotlight the outcomes they will expertise and share tales they will relate to. It is also simple to really feel uncomfortable asking your e mail subscribers to make a purchase order, particularly while you’ve already requested them greater than as soon as. You might be involved that they’re going to get turned off or unsubscribe. Luckily, you may arrange automations that permit your viewers to choose out of additional promotions with out unsubscribing to your complete listing.

The Outcomes: Important 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 growing the income generated.

A portion of this income is reinvested again into his enterprise to pay for property and sources 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 laborious to realize these outcomes.

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

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