Extremely Low Cost
Packaging up your knowledge, skills, or unique message is one of the lowest cost ways to start a new online business. You don’t need to spend money on an office or hiring employees, and there’s no inventory or even logistics to worry about. Your course is delivered digitally at the click of a button from anywhere in the world!
No Expertise Required & Beginner Friendly
You don’t need any expertise to start, and with all the easy-to-use technology now available, it’s about as “beginner friendly” as it gets. And if you’re thinking you don’t have some special unique knowledge or skill set but you still like the business model of selling online courses… Just simply do what we do here at Foundr and partner with world-class experts to teach your courses! We show you exactly how we do it inside The Rapid Course Formula.
Quick & Easy Production
Did you know that many six-figure courses have been produced in just a few weeks using nothing more than a laptop and smartphone? Seriously, you’re already carrying a viable film studio around in your pocket. Creators are getting paid thousands to create content they record straight from their phone teaching on things they’re passionate about. Talk about a dream business.
High Profit & Price Flexibility
In business, profit margins matter...a lot! Since online courses cost almost nothing to create and don’t need to be shipped or stored in some expensive warehouse or office, these products have the highest profit margin of nearly anything you could possibly sell. Plus they’re incredibly price flexible. They can be sold from $7 to $7,000 and everything in between. One of the biggest lessons we’ve learned at Foundr -- after having 100,000+ paying customers and producing 100+ successful online courses... ...is that success is rarely about “being cheap”. Instead people want their problems solved and they’re willing to pay for results.
Evergreen & Highly Scalable
One of the most powerful aspects of online courses is that the content can be made “evergreen” and is highly scalable. Meaning you can create it once and without changing a thing, sell it for years to come to an almost unlimited audience! That’s why we always say “create it once and you can leverage it again and again”. And it’s how you can finally stop trading time for money. You can make “doctor money” without the doctor hours, headaches, and mountains of debt.
Perfect Side-hustle Or First Online Business
Starting a new business is really all about risk reduction. How can you stack the deck in your favor and “test” your idea in such a way as to minimize any potential losses. That’s why so many first time entrepreneurs find first time success in selling online courses. The products are quick and easy to create, plus it doesn’t require time while they’re at work. And it doesn’t require them to be “all or nothing” having to bet the farm that it’ll work.