In this episode, Tina Tower guides listeners on how to scale from their first dollar to their first hundred thousand dollars in the world of online course businesses. This is part two of a three-part series on making money online. The focus is on creating a sustainable and scalable business model.
Key Points:
Milestones and Expectations:
Understanding the journey from $0 to $100,000 is vital.
Emphasizing the challenge and necessity of getting past the $100k mark to reach sustainable growth.
Game Plan for $100k:
Create a scalable offer and price it for growth.
Decide between high price, low volume versus low price, high volume, based on what fits your business model.
Consider upselling to increase revenue per customer.
Building an Evergreen Funnel:
Importance of having a consistent revenue stream rather than solely depending on live launches.
Components of a successful funnel include a lead magnet and an evergreen sales process.
Marketing Strategies:
Leveraging organic growth before considering paid ads.
Consistency in content and engagement is crucial.
When considering ads, start small and focus on ROI.
Customer Experience Focus:
Deliver excellent transformation and use word-of-mouth referrals.
Consider implementing an affiliate program to encourage referrals.
Avoiding Common Mistakes:
Track key metrics and know your numbers to drive growth.
Avoid waiting for perfection before launching.
Don't rely solely on launches; focus on consistent audience growth.
If you're interested in scaling your business and learning more, consider joining "Her Empire Builder." The program provides step-by-step strategies, templates, and guidance to accelerate your journey to $100k and beyond.
Reaching $100k is challenging but achievable with the right strategies and consistency. Once surpassed, the journey to a million is much more streamlined. Stay tuned for part three, which focuses on scaling to $1 million in online courses.
Resources:
Join the Waitlist here: https://www.herempirebuilder.com/join
Part 1: From Zero to Your First $1 – Getting Started in the Online Course Industry
Where to find Tina Tower:
Her Empire Builder: https://www.herempirebuilder.com/
Instagram: https://www.instagram.com/tina_tower/
YouTube: https://www.youtube.com/@herempirebuilder
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.