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๐Ÿฆ„ Course Creators Weekly #47 ๐Ÿ—“ May 17th, 2021 - Passive income is bullsh*t

Khe Hy debunks the myth of "passive income", Ish Baid talks with Julia Saxena about her experience with CBCs, and Amy Porterfield talks with Luvvie Ajayi Jones about fear!

Enjoy! ๐Ÿ˜Š

The myth of passive income in Real Estate, eBooks, and Digital Courses The myth of passive income in Real Estate, eBooks, and Digital Courses
โœ๏ธ Article ๐Ÿง  Mindset

The myth of passive income in Real Estate, eBooks, and Digital Courses

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:

  • โž•
    Every source of passive income requires either time or money; do the math
  • ๐Ÿ‘จ๐Ÿผโ€๐Ÿ”ง
    There are always maintenance costs, from real estate investments to online courses
  • ๐Ÿ’ธ
    Delegating everything will eat into your "passive" income + you're project managing
  • ๐Ÿฆ„
    "Passive income" is a mythโ€”it's more like "time decoupled income" (h/t Tiago Forte)
  • ๐Ÿค”
    If you're chasing "passive income", ask yourself why + how will you spend your time?

Check out the article for more details! ๐Ÿ‘‡๐Ÿผ

Khe Hy via radreads.co
Julia Saxena on Building Her First Cohort-based Course Julia Saxena on Building Her First Cohort-based Course
๐ŸŽ™ Podcast โœŠ Cohort-Based Courses

Julia Saxena on Building Her First Cohort-based Course

Julia Saxena shares lots of golden nuggets in a short interview with Ish Baidโ€ฆ

  • ๐Ÿ’ซ
    Nail your transformationโ€”truly understand what students want
  • ๐ŸŽญ
    Use stories, metaphors and analogies to help students grasp new knowledge
  • ๐Ÿ—ฃ
    Get students to discuss their learnings in breakout rooms and take actionable steps
  • ๐Ÿฅฐ
    Teach what you're passionate about + have experienced first-hand or through clients
  • ๐Ÿ‘€
    Take inspiration from other CBCsโ€”join them so you can see all the elements in action
  • โœ๐Ÿผ
    Encourage active learning through assignments + exchanging feedback with peers
  • ๐Ÿ‘‹๐Ÿฟ
    Create opportunities for people to meet and bond early, even before the official kickoff
  • ๐Ÿงญ
    Use teaching as marketingโ€”be your audience's trusted guide, even if they don't buy
  • ๐Ÿค
    Find a partner, if you can, to help you with your course operationsโ€”lots to do
Ish Baid + Julia Saxena via tryvirtually.com
How To Get Noticed Online (& What Jumping Out Of A Plane Has To Do With Entrepreneurship) How To Get Noticed Online (& What Jumping Out Of A Plane Has To Do With Entrepreneurship)
๐ŸŽ™ Podcast ๐Ÿง  Mindset

How To Get Noticed Online (& What Jumping Out Of A Plane Has To Do With Entrepreneurship)

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

  • ๐Ÿš
    Take your audience on a journey with youโ€”let them get to know you (#buildinpublic)
  • ๐Ÿ˜ฌ
    Get comfortable with being uncomfortableโ€”great advice and the title of her TED Talk
  • ๐Ÿ˜Œ
    Learn to detach your feeling of self-worth from how your work is received by the world
  • ๐Ÿ˜‡
    Focus on the work itself, the truth, and why it matters to youโ€”as if nobody is watching
  • ๐Ÿ™
    Strive to serve and connect with ONE person, even if that person is your past self
  • ๐Ÿ†
    Stop judging your own workโ€”it can can be imperfect, yet incredible to somebody else
  • ๐Ÿ…
    On feeling like an impostor: "If you're doing the work, you've earned the title"โ€”Luvvie

Listen to the episode to learn more about Luvvie and her inspiring story! ๐Ÿ‘‡๐Ÿผ

Amy Porterfield + Luvvie Ajayi Jones via amyporterfield.com

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Hey, I'm Merott ๐Ÿ‘‹๐Ÿป

I'm an indie maker and freelance web developer from London.

I'm building my own business, because I'm terrible at following other people, and because I want my work to matter. I hope it will, to you and to your students.

Making progress, slowly and steadily, I'm also documenting and tweeting my journey every Monday @merott .

Thanks for visiting!

Merott