Start by taking other courses you’re interested in: Not only is this important competitor and opportunity analysis, but it also gives you an idea of how a course could or should look and feel. What’s the pacing like? Is it via email, video, in-person chats? Once you understand how you want your course to look, it’s time to decide what it should include. Those same courses are a great starting place. How can you make your course better or more interesting? Do you have experience others don’t?
Coming in at #6 is Multi-Level Marketing, also called MLM. This is one of the better known ways to make money online because it is promoted to death. This is a great option for those who want to grow and develop a sales team. Basically, the way MLM works, is you promote one product, but then you also build a team of people under you. A lot of people don’t like MLM, myself included, because it sort of mimics a pyramid scheme. If you’re not at the top of that pyramid, you’re not going to make a lot of money. But if you do get to the top of the pyramid, you will earn an income based on sales that everyone below you is making. This can really give you a good passive income stream.
It shouldn’t come as a surprise, but people who regularly monitor their finances end up wealthier than those who don’t. When you were a kid, keeping track of all of your money in a porcelain piggy bank was pretty easy. As we get older, though, our money becomes spread out across things like car payments, mortgages, retirement funds, taxes, and other investments and debts. All of these things make keeping track of our money a lot more complicated.