In the previous article we have discussed the 3 most important approaches to make money online. In this one we will consider the first option: digital products focusing on video content.
I’ve been interested in algorithms and data structures since university. Because I graduated as a physicist it was hard for me to grasp these concepts at the very beginning. I was lucky enough to gain access to lots of programming related ebooks in my former workplace. I read a lot about algorithms, machine learning and artificial intelligence. It took me approximately 2-3 years to get a good understanding of these topics.
Then I had a revelation. Maybe several other students are interested in these topics. Maybe they do not have access to digital libraries as I did so it must be very hard for them to learn these concepts from scratch. So this is how I started creating video courses.
One solution is to create your own website and host your own courses. The main problem is that without any marketing, no one will find your tutorials. So as far as I am concerned Udemy is a good start. You can register for free, you can upload your courses and lectures for free. Udemy will do the marketing for you – you keep 50% of the sale.
Udemy gets 50% of the revenue as well. You may think 50% is too much. But when you try to advertise your courses via social media or google adwords you will come to the conclusion that it is not that easy. Udemy is a good deal. If you have a huge audience already of course you can use your own website. But without any audience Udemy is the best platform believe me.
So what should be the first step? You have to make sure that the video and audio quality is excellent
- Camtasia: my personal favourite as far as recording the computer screen is concerned
- Blue SnowBall USB Microphone: my personal favourite as far as recording the audio is concerned
So I decided to give it a try back in 2015. I was motivated. And of course courious whether it is possible to make money online. I pusblished my first course: ‘Advanced Algorithms in Java’. It was staggering. I had to wait 3-4 days to make the first sale. Then another one. One month later at least 1 new student enrolled in my course every single day. So I knew it is going to work, I just have to create awesome courses. And basically thats all. So I created several other courses within the same niche (algorithms and data structures).
If I can make it, you can make it for sure. Just stay consistent. Day after day, week after week focus on your goals. As you can see there has been a period in the summer of 2016 when there has been a drop in the sales. I did not care. I kept updating the courses and lectures day after day. So, have a little faith. Take your first step!