Having huge launches that brought in 50 or a hundred thousand dollars into their business or even way more than that, and it sounded pretty enticing so after a lot of thinking and a lot of energy and effort and time spent, I finally created my first online course And I launched it, but unfortunately not a single person bought and it was pretty disappointing because I felt like I was doing everything right.

I had spent so much time not only making the course but studying for marketing strategies for how to get it out there and, like I said I put a lot of time into it. So in today’s. Video, I’m gonna be sharing with you things that I think you should know before you ever create your first online course things that I wish I had known before.

I started selling them. The first thing you should know is just something really practical: you can either sell your course to your own audience or you can have it for sale in a public marketplace such as udemy.

But if you have it for sale on your website, then you’re, going to be responsible for finding all of the customers, as opposed to. If it’s for sale on a public marketplace, there will already be some people there.

Who will find it and perhaps purchase it? This is also pretty similar to. If you were making YouTube videos, you could just put them on your own website and that’s. The only place that someone could find them, but then you’re, probably not gonna get very many views.

On the other hand, if you put them here on YouTube, there are millions of people already here watching videos, and so people can just stumble across your videos and watch them, and this leave this right into the second thing that I think you should know before you Create your first online course, and that is that it can be really tough to stuff your online horse.

If you don’t already have an audience now at first. This might sound almost like. It contradicts the last thing. I said because I told you that you could put it for sale in a public marketplace and people might buy it.

But even though that’s, true and you can make some sales on the public marketplace, it’s, going to be difficult to make enough sales to really earn enough money to make it worth your while to create. That course, if you haven’t taken the time and put in the work to build your audience before, you create your course that was one of the biggest mistakes that I made when I made.

My first online course was, I put all the time and energy into making an awesome, really valuable course. But I didn’t know anyone who actually wanted to buy it, and I didn’t have a list of those people.

I didn’t have a following anywhere on social media, and so, when I launched, I was launching to no one there wasn’t. Anyone for me to even tell that my course was available. So no one knew what was available and no one bought it.

The third thing that you should know before you create your first online course is that courses sell for drastically different price points anywhere from about five dollars all the way up to about ten thousand dollars.

People sell courses for those prices and people buy courses for those prices now. The average price transfer course is closer to between ten and two thousand dollars, but that’s, still a huge range it’s, not because some courses are really big or really awesome, and other courses are really small or really terrible.

It actually almost all comes down to marketing, specifically three things. How the course is positioned how the course is promoted and whether or not it gets in front of the right audience. So if you already have a big audience full of the people who are the right fit for your course and you position it as a premium product and you promote it effectively, then you’ll, be able to charge a high end price.

Perhaps a few thousand dollars, on the other hand, if you just put your course up for sale on a public marketplace, you’re selling to people who don ‘ T know who you are, and you’re, just positioning as a budget-friendly course.

Then you’re only going to be able to sell your course for five, ten or twenty dollars and since creating a good course is so much work. I would highly recommend that before you even record the first lesson of it, you really put a lot of thought into how you’re gonna position it and you start building your audience early, so that you later on, are able to charge a Premium price for your course and get well paid for the work that you put into creating the program.

The next thing I think you should know before you create your online course is that there are two different ways that you can host your course, and basically that means that there are two different ways that you can store the lessons of the course and allow your Course, students to access them, you can either sell post them, which means that they live on your website and students go to your website and you are managing the software and managing the students or you can host it on a full feature.

Third party platform that will do a lot of the work for you. If your self hosting your course, then most likely you’ll, do it with a plug-in on a wordpress website. The other option is to use a program like teachable or kajabi to host your course for you now.

This can get a little bit confusing because it can seem very similar to the question of whether or not you are selling your course on your website or selling it on a public platform. But this is really a different issue, because now we’re.

Talking about how your students are actually going to access the materials, so you could sell your course on your website and self host your course or you could promote your course on a public marketplace and have your students access to sit on the marketplace or you can Do a combination of those things in my case at this point, I’m, typically promoting my course selling it on my own website, but then I host a lot of my courses on a teachable, which is a third party platform.

Now this allows me to charge a premium price for my course, because I don’t have a lot of competition on my own site, of course, but it also means that I get to take advantage of the ease-of-use that that third-party host offers.

The next thing I think you should know, has to do with a big misconception that I think a lot of people have, and that is they think that if they don’t have an audience that that’s. Okay, because they can just run Facebook ads or they can just run Google ads and that that can be their shortcut to making sales of their course, and this is the reason why I didn’t build my audience before I created my course.

I thought that I could just advertise it and you can just advertise, but what I didn’t realize was the amount of time and money that it takes to get paid advertising right. It often takes several thousand dollars, and several months before you’re able to start generating sales, that’s, because if you don’t have an audience already, then you are often blindly testing things before you find something that Really works, so what that means is that paid advertising is certainly an option and in some cases it’s, a really good option.

But if you’re just starting out and you don’t have an audience yet, unless you have a fair amount of money to invest, to really build your audience and get that data that you need in order to successfully sell your Course then, I’d, recommend that you first work on building your audience.

The last thing that I want you to know before you create your first online course is that making a living with online courses is not just a pipe dream. When I first started thinking about creating an online course, I was really excited about it.

I was hearing all of these success stories. All of these people who were earning a full-time living are a really good money with online courses, and so I was excited about it, but then, after I launched my course and I didn’t make any sales I started to have my doubts.

I wondered if people really made money this way, or maybe it was all just an illusion. I wondered if all of these success stories that I here ain’t. We’re, really true or if maybe people are making them up, but at this point I can honestly say that it’s, not a fantasy.

It is a reality once I took the time to actually build my audience, and we worked on our marketing strategy to create a sales funnel that guided our prospective customers to ultimately buying the course we were able to start making sales.

I’ve, been selling online courses now for about two years, and every month we’ve been able to sell more and more online courses, and I’m – really excited about this, because not only does it mean that my Business is revenue is increasing month after month after month, which is allowing us to scale the business, but it also means that we’re being able to reach and help more and more people.

Every month, every person who buys one of my online courses they’re, not just buying a course or a bunch of videos and worksheets. They’re buying something that trains them how to get a result that they want in their life, and I just love that I’m able to impact so many more pupils lives with online courses.

Then I would be able to if I was working individually with one person at a time, but something that I’m really curious about is whether or not you’ve already created an online course yourself. If you have tell me in the comments below what your course is about, and if you haven’t tell me what’s, holding you back from actually starting creating the course.

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The reason why I enter etc, etc, and you’re gonna see the drive trade happen. So today we’re gonna go through it, and this video is not to be missed, so preparation is needed. These palm trees and all some of us are living in the snow.

Today it’s winter. Well, here’s, not really that wintery, but this is the setup guys, as you all know, simple laptop. So today guys we’re gonna break it down step by step. I know you guys enjoy these kind of videos where you get to see me.

Trade live in the stock market. I’m, also going to show you my discord, chat and show you their results for today, because we’re gonna be trading the same stocks based on the same strategy that I’ve, been teaching you guys on This channel now guys this is the discord chat.

We call it the monopoly family because everybody shares the same thoughts and beliefs here, especially at 8:30 a.m. we’re all analyzing the stocks, as we’re doing someone’s. Still asleep because they’re in the united states, the ones who are awake and now from europe.

But we’re waiting for the US stock market to open because that’s, where the volatility is and we’re, also watching the stocks that have released this the news. So we still have plenty of time guys and now we’re gonna have to go so i’m gonna have to pause this and when it comes to time to trade it i will analyze it with you guys and At the end, i will sit down and answer some of the common questions.

You guys asked the common ones that i’ve, keep repeating myself on, but again there’s, no harm done. I will still tell you guys what you need when it comes to trading and, like I said, a simple laptop is all you need fast with executions that’s, not laggy, nothing else right! So what strategy one stock? One trade that’s today, we’ve, got 10 minutes to market opening.

At the moment, I just loaded up the stock called Under Armour Under Armour just released an early report and ticked all the boxes that we look for every single day on my chat room. So remember one trade a day that’s.

All we focus on is one stock, one trade, one stock, one trade, I mean you can make two trades a day if you want to, but one trade a day on one stock is all I look for, because I’m, not a robot. I cannot focus on multiple stocks.

I need to see the price movements and put my full focus into the stock every single day. How many people use all these big screens to have all these tickers? But when the market opens you, probably don’t know which stuff to go for so let’s just go right into it guys and go through this checklist.

Real quick number. What fund the stock with the news? Because the news will give you volatility on the day analyze the news. This will give you a direction of where the stock is heading. Ask the question: how will the investor react that backs up this direction? Base your trade and one of the four partners under monopoly Chapman, so I gave you guys four patterns that come up time and time again with burnings powers are just behaviors that occur time and time again, every single day in a single stock.

What direction will the stock end up in? We talked about that support the resistance and have to ask you a question: where is the support? Where is the resistance and that’s simple? Anybody can do that and then wait for a pullback and execute your trade again.

The pullback is something that we have to focus on, but many people have this formal. You know fear of missing out, so they ended up executing their trade quickly. So I already shared my game plan with the chatroom.

As you can see, this is the monopoly chatroom and hopefully this chat. Iran gets to do well and gets to kill it. So let me pause this. Let me stop talking and let’s. Get right into it guys let’s, make this trade okay, guys so Mike it just opened.

Literally two seconds ago, I still haven’t entered a position, but I’m waiting for the pullback. As you can see, the stock doesn’t want to pull back, but I will be going in with a thousand shares on the stock.

Here is the pullback happening now watch this price. I need you guys to watch this price, especially if you have this course, because that’s, when my entry is gonna be right there, that’s. What my entry happened right right there so 150 dollars, hun $ 200 here’s to $ 7,300 real, quick guys.

I haven’t paused, anything it’s happening as we’re talking now. I could have taken this profit and went again, but I believe in the big drop there’s more sellers than buyers, and you can see it in the price movement.

So I just took profits, but I’m going again on the second pull back. If it shows, I execute it and cover it 500 shares, but it’s, not that complicated I could have just held on to it. So here’s, the pullback and my entry is going in again once it breaks 18.

All right, I’ll, go again here’s, the pullback guys 34 [ Music ]. All right, probably too early to this position goes shorten again, so we’re short again. Here we are once again $ 200. There’s, always a pullback after every spark deserves a pullback 350.

I want you guys to look at the price movement. The price tells you where it wants to go now. In this case, I’m right right. That’s. All I need is to be right. So here’s $ 500, guys and time to walk away with the money $ 600 [ Music, ], [, Music, ], [, Music, ] frier.

I’m at here’s $ 500 guys. So the total for today was here is 2000 profit so far from the chat room, so the chat room is already killing it 74 dollars, two thousand dollars, seventy eight. So for me it was six hundred on that short position.

Now, here’s, the pullback, but I won’t risk it. This stock, doesn’t want to play by my rules. I’m, not gonna play. I’m, not gonna play around with it. So literally five minutes guys in this trade here’s, the chat now this is where we get to share our profits.

Five minutes in to market opening, literally the recorder, has been gone for four minutes. So as soon as I started it, you know it kept going so $ 600 on this trade, so guys the chatroom so far is doing well.

There’s more people type in, but I just want to show you the progress for today. We had mixed results for today, guys, but majority of it is profits, profits, profits. Obviously, some people trading with large capital, some people with small capital and that’s, reflecting their profits here.

So people take smaller positions, whichever you’re comfortable with at the end of the day yeah. What is this reserve monopoly? The Conor McGregor of trade – I appreciate all that, but I appreciate it when you guys are killing it and here’s, the grind it’s funny when your students do better than you but yeah Green is green.

That’s. All that matters Green is green guys and, as you’ve seen this stock done exactly what we wanted it to do, as predicted before market open, and basically, we took the 20 30 cents. Just like I said in this chat line.

I said I told you guys I was gonna take twenty thirty cents. So with that being said, hopefully you learned a thing or two. Hopefully you go file you. If you did smashing smashing. If you’re, not making profits consistently, then you need to go back to square one education, paper, trade and practice to build up your confidence to build up your knowledge and that’s.

What mine is at the end of the day so making money here and there isn’t good enough. You have to understand why you’re trading, while you’re making money in the stock market, because you will have to use it again and remember after every spike, there’s, a pullback after every pullback there’s always a spike, and that’s just the way the stock market works, nothing stays the same, and that’s.

Why I take my profit quickly? I don’t, wait for whatever you know, a specific figure and when people ask me how much money I need to start to start trading, I always say start with five hundred two thousand with money that you’re willing to lose Because emotions is a huge role, plays a huge role in trading, and the fear of losing money will always hold you back when it comes to pulling the trigger or taking profits from the stock market right so go in with money.

You don’t need literally say to yourself. I don’t care about this money, not that you’re gonna lose it, but because you know you’re gonna detach yourself emotionally from that money, and that’s. What matters at the end of the day, I look.

If you’re willing to use leverage, then you can go ahead and use leverage. Everybody can use leverage. That means, if you have five hundred, you can make it into two thousand five hundred using leverage.

Yes, it is risky. You could lose all the five hundred if you end up losing the on leverage, but again that’s, just the stock market and the way it goes. We come to term with these things, so I ‘

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