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Predict your digital course profit potential in 4 easy steps
Have you ever wondered how much money you could actually make from creating a digital course?
You already know that a digital course can help free up more of your time, allow you to work from anywhere, and scale your business — but by how much?
If you wonder, then pay close attention to this episode, sweet friend – because I’m going to show you exactly how to calculate your digital course profit potential in four easy steps.
Including how to calculate exactly how many students you’d need to enroll in your course to meet a series of three goals you’ll set – a good goal, a great goal, and a big, scary goal.
I think you’re going to be pleasantly surprised to see how enrolling even just a small number of students can absolutely change your life!
Here’s a glance at this episode…
- [05:18] The first step in determining your potential course profit is to create a good, a great, and a big scary, yet exciting income goal.
- [05:51] A good revenue goal is a sum you’d be happy generating every month.
- [08:45] A great revenue goal would make you do a happy dance.
- [09:54] A scary yet exciting revenue goal is something that’s a little bit unreasonable.
- [12:00] List out possible price points for your digital course.
- [15:30] If you need to make $1,000 a month, you can create a starter course that’s sold for $100. You would only need ten people to sign up.
- [18:04] Enrolling a small number of students can change your life.
- [18:30] Adia Gooden enrolled 16 students in her first signature course. The price was $1,997. She made over $26,000 in her very first launch.
- [19:00] Margherita created a digital course teaching Italian. It cost $370. She enrolled 136 people and made $45,000.
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