Live data from Hacker News

Ask HN: Anyone making money with online courses?

news.ycombinator.com

11–20 of 23 posts

Re: Ask HN: Anyone making money with online courses?

#12

Yes but not much, I earned $5k+ over the course of two and half years. 1. Yes, I am selling ebooks related to iOS development 2. I sell on Gumroad 3. You might have heard this before, but I will repeat it again, build trust with your audience first before selling them stuff, so they know you are actually skilled in your trade and your product is actually worth the money. eg: if your product is for python dev, then yo…

Your books and copy look great! Why don't you prices a bit?

Re: Ask HN: Anyone making money with online courses?

#13
I started with just YouTube screencasts. After I had a couple hundred subs, I made a video asking if people were interested in additional premium content and shared a link to a survey. About 70 people saw the video, 22 filled out the survey with their emails and seven paid when I offered an earlybird discount.

After that, I built a "real" but very minimal site and created a subscription business. I've put very little effort into marketing other than the fact that most my videos are free.

I probably picked too small of a niche but it's what I was into. It may be hitting its growth limits, but it's in the 4 figures / month MRR range.

My main advice is to focus on being helpful over UI, business models, growth hacks, etc. The first step is to provide value. After you can do that, then start worrying about how to capture it.

Re: Ask HN: Anyone making money with online courses?

#14
I write ebooks, which is currently my sole source of income (which is not for everybody as my living style in this part of the world needs about $150 a month).

I use leanpub/gumroad to sell them. I'm not good at marketing and find it difficult to adapt advice from articles I've read on that topic. Whenever I publish a new book, I put them up for free for a few days and I still get paid as both leanpub/gumroad allows paying more than the price set.

I post about my books on reddit/hn/twitter and other social sites. Getting attention is hit/miss, for example my recent book had good response on https://www.reddit.com/r/perl/comments/jognf5/i_wrote_a_cook... but not much here https://news.ycombinator.com/item?id=25006829

I'm active on stackoverflow and reddit subs related to programming. I've had readers thanking me for the help and some have mentioned that they found out my books from my profile. And I learn a lot too from trying to answer questions.

Based on my experience, the biggest lesson I'd say is not giving up.

Re: Ask HN: Anyone making money with online courses?

#15
post #10

My "How to make money with online courses" course is all sold out.

And all it contains is the old joke: ‘just start your own course on making money on courses’

On the old warrior forum there were WSOs (aka info products sold on a special thread) about how to sell WSOs. Since WSOs themselves are about how to make money, they were selling a book on how to make money by selling books on how to make money!

Re: Ask HN: Anyone making money with online courses?

#16
I started making paid content this year. I have made around 7k USD so far.

My take-aways:

- Pick a niche you know really well. A lot of sales come through reputation, since there is always going to be other competing products out there. My niche is Vue.js (not that niche).

- It is a lot of work. I'd estimate my profits around 5 USD / hour after it's all said and done?

- You need to build a brand! Start using Twitter and Reddit, interacting with your community. I am NOT a twitter or reddit guy normally, I do it for my professional image and content primarily.

- Build an audience first. I collected emails starting in Jan (day I decided to make a course). Around 500 ppl left their email before my launch, which was in June. Majority of my traffic from from my free ebook [0].

- Practice screencasting before you make a course. I did by posting free screencasts on my course website to get my skills up and show my content was worth $. [1]

- I rolled my own platform, hard to say if it was worth it. I posted my content on both my own platform and Udemy. I made around 5k from my platform, 2k from Udemy, but sold way more courses on Udemy (since they take a cut and they reduce the price based on country.

- Rolling your own platform has costs. Dev time, hosting videos (vimeo) hosting content (digital ocean), domain (namecheap) and the overhead of maintaining your stack.

- Udemy, while they take a cut, do a lot of marketing for you. Since I have put less time into marketing, sales on my personal site dropped, but Udemy is consistent (around $500 a month - I only spend around 3h answering questions a month).

I am now writing a book and will sell on Gumroad. Easy to set up, and they handle payments etc.

I will write a more detailed blog post soon on this topic.

[0] https://lmiller1990.github.io/vue-testing-handbook/

[1] https://vuejs-course.com/screencasts

Re: Ask HN: Anyone making money with online courses?

#17

Earlier quoted context omitted.

And all it contains is the old joke: ‘just start your own course on making money on courses’

On the old warrior forum there were WSOs (aka info products sold on a special thread) about how to sell WSOs. Since WSOs themselves are about how to make money, they were selling a book on how to make money by selling books on how to make money!

I have a book called "The Art of Self-Promotion for Musicians" by someone who quit being a musician to write such books.

There was once a one-day course in my city about how to make money as a jazz musician, but I couldn't afford to go. (I think it was $10 or $20.)

I have a book called "Ideas Generation: Tools for Being Constantly Fresh, Creative and Original" by Rosemary Herceg, Tim Flattery. (2000) I will never forget reading that Rosemary Herceg had been caught repeatedly plagiarising most of her monthly magazine column from a column in another country.

(Now years later when I google it, hardly a single mention! Huh? She's now apparently some kind of business/ad guru.. I can't help thinking she had that story erased from google. It was outrageous. She seems to have blamed a photographic memory!

https://mumbrella.com.au/crazy-photographic-memory-rose-herc... - one of the sole remaining references. The pink highlighting in the image shows the extent of the plagiarism in her articles. I didn't forget, Rosemary.)

Re: Ask HN: Anyone making money with online courses?

#18
I do have a Python course at educative.io [1] which nets me around 100€/month. I was approached by one of the founders because of an ebook I did and shown here on HN [2]. I do have a personal blog [3] where I have some articles on Python and related things but I think I don't have an "audience". I'm also working as a teacher btw.

Next year as my current contract gets downgraded (no more exclusivity - less salary), I'm thinking about providing 1:1 lessons and make other courses.

Although I do have some things to show, I do not have any actionable advice to share, I am as "lost" as you! :)

  [1] https://www.educative.io/courses/full-speed-python
  [2] https://github.com/joaoventura/fullspeedpython
  [3] https://joaoventura.net/

Re: Ask HN: Anyone making money with online courses?

#19
Udemy has been a bust for me. In fact, I went on a mini-rant on Twitter this morning about it (https://twitter.com/walkingriver/status/1325772355449344001).

I've had decent success with Gumroad selling directly (https://walkingriver.gumroad.com).

I also sell book versions of the same content on Gumroad and Amazon (https://amazon.com/author/mcallaghan).

I think you should shoot for an hour or two of valuable content onto Gumroad, set a fair price for it, maybe even give away all or part of your first course. Build an audience to give you some fans to sell the second course to. See how it goes.

Good luck!

Re: Ask HN: Anyone making money with online courses?

#20

I do have a Python course at educative.io [1] which nets me around 100€/month. I was approached by one of the founders because of an ebook I did and shown here on HN [2]. I do have a personal blog [3] where I have some articles on Python and related things but I think I don't have an "audience". I'm also working as a teacher btw. Next year as my current contract gets downgraded (no more exclusivity - less salary), I'…

Thanks for the input anyway João! I didn't know about educative.io, how hard was it to publish a text-based course there?
Post reply on HN