One of Udemy’s highest-earning teachers laid out her strategy for me
Let me introduce you to my friend Louise.
She’s a digital nomad and serial entrepreneur who, for the last five years, has built a passive income of five figures a month. She also travels around the world with her husband.
Through her Udemy courses and YouTube channel, she’s helped over 230,000 students learn new skills, and she’s in the process of building an Amazon store.
Last year, I spoke to her for my podcast. I wanted to know how she makes Udemy courses, the lessons she’s learned, and how long it’s taken her to get to this point.
Here are three principles I learned from those who type for a living
I’ve published 53 articles since September 2020. They’ve received over 50,000 views and have made more than $1,500.
As someone who writes as a hobby, this blows my mind!
However, I want to take my writing to the next level. This is why I attended Google University.
Google University is a phrase Tom Kuegler coins in Design Your Dream Life. His belief is this: If you want to learn a new skill, Google can teach you how. The same goes for writing.
With this in mind, I opened my laptop, jumped online, and searched “how to become a full-time writer”…
One friend does this for me every time we talk
I love spending time with Holly. We can be on the phone for hours, sharing our dreams and secrets, and I’m energised by our calls.
The funny thing is, we live in different countries and have totally different careers. Oh, and we’ve never met in person.
Nonetheless, she makes me feel like I’m the only person in the end world when we speak. Because of this, my feelings of unworthiness slip away. It’s magical.
How does she do this? Here’s what I’ve found.
1. Magical people ask questions that matter.
Holly doesn’t preamble about the weather. Instead, she cuts to the chase:
“What’s your one over-arching fear?”
…
Passive income streams can give you the power to leap from employee to entrepreneur
In September of 2018, I questioned everything.
I’d just graduated with an economics degree and was working as a prison officer. I hated every second.
After quitting, I started a business (which failed), cleaned toilets for 3 months, was rejected by companies in London, and then stumbled into SEO. This is the industry I’ve been working in for the last two years.
Now don't get me wrong — I enjoy my work and the people I work with. The problem is, I’m bored, and I feel like I’m drifting.
Luckily, I’ve had the pleasure of interviewing many talented entrepreneurs to…
Best of all? A 25% stake means this entrepreneur continues to earn passive income.
In 2017, Travis gave himself 30 days to launch a Kickstarter and documented his entire process on YouTube. It went on to raise $14,752. He then began selling his product on Amazon, making $300 per day within twelve months.
I’ve been glued to his content ever since.
Four years later, Travis is a YouTuber and the founder of Performance Nut Butter: a Fulfilled by Amazon (FBA) business that he recently sold in a deal worth over $1.1 million.
He still has a 25% stake in the company but no longer has to run it. His business partner handles this and…
Loan officers, Israeli judges, doctors — they all point to the same thing
An article inspired by The Economist Magazine.
In a paper for Royal Society Open Finance, Baer and Schnall examine the decisions of loan officers working at a leading bank.
The study looked at proposals to restructure loans, with each credit officer analysing 46 requests per day. The approval rate was around 40%, so the default decision was rejection.
Officers tended to start work between 8am and 10am, took lunch between 1pm and 3pm, and left at 6pm.
The researchers found the approval rate declined significantly between 11am and 2pm (as lunch approached) and picked up again after 3pm. …
The success of your online course is not about the videos
You don’t need webinars to sell online courses.
Platforms like Udemy offer a passive solution. You can tap into their resource and watch the money flow.
Granted, it’s not perfect. My courses sell for a fraction of the price compared to if I self-hosted them. It’s also a drop in the ocean compared to what other creators are making.
However, I don’t feel guilty about wasting people’s time because I don’t market the courses. Udemy does. They promote my courses, leverage their audience, and deliver passive income every month.
I’ve told the story of how Louise Croft makes over $17,000…
Talking to a professional is one of the best investments you can make
“It’s okay to feel nervous. Start whenever you’re ready.”
I breathed in the aromas and looked around the room. The softness of the furnishings. The hazy light of candles.
“I don’t know who my dad is,” I stumbled, “and I think it’s affecting my relationships.”
The words tasted uncomfortable.
She sat there, writing on her clipboard. No emotion on her face. It wasn’t unkind, though.
She looked up for me to continue.
I went on to tell her things I’d never told anyone. Not knowing my dad. Feeling discomfort in groups. Being afraid of love. …
We’re six months in and she may be “the one”.
I had serious doubts about the L-word.
“It was nice speaking with Molly. Seems to me the most interesting women have boyfriends. It’ll happen, Scott. Keep believing.” — Journal entry on January 8th 2021
A couple of weeks later, a writer commented on one of my articles. I’d read her work before. I thanked her and asked if she wanted to email.
She did.
We messaged back and forth, progressed to WhatsApp, and then I asked her on a date:
“In the spirit of the dating mistakes article, how would you feel about going on a virtual date? I think…
Four lessons from 24-year-old videographers who get paid to travel the world
Meet Josh and Alex.
Since 2016, they’ve travelled to 35 countries to create videos for big-name brands. They count Visit Australia among their clients.
They do this under the umbrella of Dream Beach Media. This is their award-winning agency specialising in travel, lifestyle, and wellness.
Last year, I spoke to Josh for my podcast. I wanted to know how he finds clients and how many hours a day he spends on the company. I also wanted to hear any tips he has for entrepreneurs.
Here are four lessons I picked out.
Lesson #1: “They’ll eventually reply.”
Josh and Alex didn’t get paid for their work…
Scott Stockdale
Host of Entrepreneurs Can Party 🎉 Get my free 6-month plan on how I’m leaving the 9–5 → scottstockdale.co.uk/plan
