Course Creators Weekly #47 🗓 May 17th, 2021 - Passive income is bullsh*t

In this article, Khe Hy debunks the myth of "passive income", and how it's a distraction from harder and more important questions about life.

My biggest takeaways:

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  Every source of passive income requires either time or money; do the math
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  There are always maintenance costs, from real estate investments to online courses
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  Delegating everything will eat into your "passive" income + you're project managing
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  "Passive income" is a myth—it's more like "time decoupled income" (h/t Tiago Forte)
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  If you're chasing "passive income", ask yourself why + how will you spend your time?

Check out the article for more details!

Julia Saxena shares lots of golden nuggets in a short interview with Ish Baid…

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  Nail your transformation—truly understand what students want
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  Use stories, metaphors and analogies to help students grasp new knowledge
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  Get students to discuss their learnings in breakout rooms and take actionable steps
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  Teach what you're passionate about + have experienced first-hand or through clients
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  Take inspiration from other CBCs—join them so you can see all the elements in action
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  Encourage active learning through assignments + exchanging feedback with peers
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  Create opportunities for people to meet and bond early, even before the official kickoff
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  Use teaching as marketing—be your audience's trusted guide, even if they don't buy
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  Find a partner, if you can, to help you with your course operations—lots to do

Amy Porterfield talks with Luvvie Ajayi Jones about writing, fear of rejection, and what jumping out of a plane has to do with it!

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  Take your audience on a journey with you—let them get to know you (#buildinpublic)
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  Get comfortable with being uncomfortable—great advice and the title of her TED Talk
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  Learn to detach your feeling of self-worth from how your work is received by the world
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  Focus on the work itself, the truth, and why it matters to you—as if nobody is watching
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  Strive to serve and connect with ONE person, even if that person is your past self
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  Stop judging your own work—it can can be imperfect, yet incredible to somebody else
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  On feeling like an impostor: "If you're doing the work, you've earned the title"—Luvvie

Listen to the episode to learn more about Luvvie and her inspiring story!