What It's About
A listener wants to partner with someone to publish an online course. How can they negotiate a fair revenue share?
Notes from Chris
Episode 1442
Today’s listener has a unique question about course creation. If you’ve been listening for a while, you may have heard me talk about platforms such as Teachable, Skillshare, Udemy, and others. Well, this listener wants to make courses that go on another platform: that of a small business that offers trainings, either to their employees or the general public. She’s wondering about revenue share: how much should she expect to receive?"Hey, Chris, this is Nicole from Washington, D.C. I'm calling with a question as a potential future course creator. I'd like to make some courses to leverage my professional experience. As an alternative to a platform like Teachable or Udemy, I would like to partner with a small business that already hosts similar trainings in order to sell the course. If I find a partner who's interested in adding my content to their course library, what should I suggest in terms of a profit-sharing agreement? I'd appreciate a sixty-five/thirty-five split, given that I'll do all the work of creating the course as well as spearheading marketing efforts, however, my gut says that the business partner will push back, suggesting that they have all the leverage given their content distribution network. Any tips for negotiating and what seems like a fair starting point to you? Thanks for your help and for making such a wonderful and valuable resource for the community. Nicole. Thanks for your help and for making such a valuable resource for this community. "Listen to today's episode to learn more...
SEE ALSO:
- Psychologist Earns $74,000 Helping Students Make the Cut: After overcoming childhood barriers, Shirag Shemmassian leveraged his educational success to launch an admissions assistance side hustle.
- UX Designer Posts in Facebook Groups to Earn $1,000/Month: In need of cash to pay for a medical emergency, a Utah man experiments with creating and selling online design courses.
- Bilingual Insurance Agent Translates Problem-Solving into Profits: After working for free doing odd jobs for friends, an insurance agent with a love of Chinese culture carves out a $40,000/year side business.
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