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Profitable Course Idea — The free course to validate your online teaching idea
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Conrad Wadowski
Maker
AMA: Down to answer any questions you might have on the course here.
For some background, we ran the data and found that folks who've used V1 of Fedora (http://usefedora.com) have brought in 26,447 students from ProductHunt launches. This is attributed to $207,152 in revenue..not too bad.
Profitable Course Idea is based on research we've done with our most profitable teachers who've grown audiences on basically any topic–from marketing to Japanese rope bondage (although I haven't seen anyone yet combine those two..)
I also throw in some lessons learned validating and getting my own growth hacking training program, which set it up for success and generating over $50,000 in revenue in a month.
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@conradwa Very exciting idea and product. Going to check this out.
Is there any way for me to create a course that is free to students? Or do I have to charge people for it?
Maker
@samhouston Awesome, and yes. We're actually going to cover exactly how you can do this using a photography course as an example.
Big fan of the @UseFedora team. The online education market is set to hit $100 billion this year and they are moving quickly to grab a nice chunk of it.
AMA: Any plans to move into traditional higher-ed to give professors an easier way to control their content?
@UseFedora @brentsum Not planning on focusing in that direction any time soon -- we have a few tech-savvy professors using us to go directly to their audience, and that will probably continue to grow organically (albeit slowly).
The way I think about it is a very small percentage of education (i.e. people teaching other people) is actually happening in universities -- relative to the amount of "teaching" happening online via blogging, social media, Youtube, Reddit and hundreds of other platforms you might not even think of as a platform for education.
@UseFedora @brentsum what would a higher-ed professor want?
I've taught at RIT as an adjunct professor (iPhone apps in CS department).
UseFedora.com is already a perfect compliment to an in-person course. You can easily adjust the digital syllabus with videos, text, PDF, downloads, etc – super easy. Just make sure your videos are focused 5-15 minutes or you'll lose the attention span of your audience.
When you move to online teaching you need to move away from traditional 1 hour lecture style teaching and make it easier for students to start/stop on new topics – without digging into an entire 1 hour lecture to find one piece of information. Keywords and topics need to be separated for faster consumption – don't waste people's time searching through video.
Hey Conrad! I signed-up and am excited to learn more. I wasn't aware of Fedora before but obviously am now and think that's a really cool platform I'll consider using in the future. Curious to learn how the process of finding a profitable course idea is different (or similar) to the lean startup methodology. Also interested to learn how to find a course idea that I have the necessary knowledge base to create.
I'm a personal finance junkie (www.happyhealthywealthy.co) and offer a mini-course through my site that's free. I'd love to expand in the future on niche topics that could be paid content.
I am more of a course consumer vs. creator right now though. :) :)
Good luck and look forward to participating.
Maker
@jkent2910 Hey Julie, great start and welcome.
Having done it from both perspectives, I do see a strong parallel with lean and a validating your teaching idea.In both cases, your goal is validate whether there's a market for your product.
Here's post that draws a parallel between lean for software and courses:
http://blog.usefedora.com/post/1...
Overall, a course can be easier to validate and grow for a few reasons:
1. It's socially acceptable to presell a course. We've all been conditioned to do this with in person training or going to college.
2. It's significantly easier to iterate on content than it is on code and design.
3. Once you've created high-quality content for your course, you can use or reposition it to grow your course.
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