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May I ask how you're able to make a living for several years with only 400 students? Do you sell each course for like $500 or more?
by Xevi 6y ago
May I ask how you're able to make a living for several years with only 400 students? Do you sell each course for like $500 or more?
- simonbarker87 6y agoNot OP: Probably a monthly membership program, $25 per student per month would be $10k gross. Ionic Academy is a good example I can think of, I was a member for just under a year, super helpful and regular content and probably doesn’t need huge amounts of members to be viable
- Xevi 6y agoI guess that's true. I didn't really consider monthly fees for a course from one person. But then I would say that he/she probably didn't have 400 students in total, but instead 400 subscribed students at all times. Unless each student stayed subscribed for several years, which I find unlikely unless he/she releases new high quality content every week.
- simonbarker87 6y agoYeah, Simon Grimm from Ionic Academy releases a big course about every 6-8 weeks I think and two or three minis in between
- DeusExMachina 6y agoi actually hate subscriptions like those, both as a customer and as a seller. I prefer to buy/offer a high value course with a price that matches it. I bought several of such corses myself in the past years. I do offer payment plans for people that can't pay a big lump of money at once, but that's not a subscription they can stop. They still have to pay all installments.
- DeusExMachina 6y agoYes, my basic course is $500. My advanced one is $1.000 and it's probably underpriced. Most of my students buy both courses.