Education is the bedrock of every society and clearly put, it has become a necessity for almost everyone to be educated. By Education, I mean the simplest process of facilitating learning, or the acquisition of knowledge, skills, values, morals, beliefs, and habits.
The global market for higher education has developed, driven by new, common diploma standards: schools and universities need to work harder than ever to attract the best students and the admission standard keeps rising.
As technology has kept evolving, so has it positively influenced how we teach and learn. You don’t have to be within the four walls of a classroom to continue learning as programs such as online degrees, online short courses, coaching sessions, Webinars have become more prominent.
There are numerous people who also need to continue learning but are constrained in various ways, they are on the look out for alternative sources which thereby creates a gap that needs to be filled.
More education means more prosperity
It’s proven that the more enlightened you are on a particular subject matter, the higher your chances for succeeding with it, therefore, more prosperity. 1992 Nobel Prize winner Gary Becker was the first economist to establish a clear link between investments in education and income growth, at both an individual and a national level. Relative to companies, his enlightening concept of “human capital” explains why companies that invest more in training encounter more success. This can also be replicated to individual trainers and course creators who offer value to a larger audience with the knowledge and skills they have developed.
Digital transformation will require this present generation and upcoming generations to possess more extensive scientific and technological skills than ever before because the application of these tech skills combined with acquired knowledge and talents can help in monetizing that knowledge through the creation of profitable online courses.
If you’re considering creating an online course but are unsure or lazy about it, here are a few reasons why you should get started now — plus an easy way to do it!
- There are thousands of people out there right now looking to learn skills you are a master at or have problems you know how to solve. And if you don’t have an online offering to sell to them your competitors will.
- You will be creating something you can sell many times over. You can enrol one student on it, or sell it to one million more people. Some people run their courses in cohorts, opening and closing it at specific times, while some others keep their courses open for people when they need them. Once you have created your course you can sell it at anytime, especially when you are making use of an automated sales funnel.
- Creating and selling your own online courses helps to position you as an authority on your field. It elevates you from practitioner to teacher, and indicates that you have enough expertise in your niche that you can teach a course on it.
- Time saving- This should have been number 1 on the list because you make your time more valuable by creating an online course that requires less of your time daily. You can use the time expended in live classes, commuting time and preparation to do other valuable things.
- Most Importantly, it gives you a new income stream, Following the COVID-19 lockdown, one the most popular words we saw businesses use was ‘pivot’. Freelancers and entrepreneurs lost income streams, if not their entire business revenue. And employees lost their jobs or were furloughed, ending any sense of job security. The need to have additional streams of income has become more crucial and online courses are an excellent, pandemic-proof income source. If you have skills or expertise that is valuable to other people you can sell to them via an online training course hosted on a Learning Management System.
Post-pandemic LearnDeck was introduced to help trainers, educators and coaches create, deploy and sell courses that offered value. The platform has been made to be extremely user-friendly because most people are just embracing technology and everyone loves having that easy to use solution.
Start creating your first course today
So if you’re ready to stay one step ahead of your competitors and earn money from your own online course, come and join other creators on the LearnDeck platform
