Many black-owned businesses have suffered during the pandemic. But there were others who were able to monetize their knowledge and earn record incomes. Entrepreneurs who tapped into the economy of course-makers were able to teach others profitable skills from the comfort of their own homes.
If you are thinking of starting an online course, here are some inspirations from three black women who have hit the million dollar mark.
In 2017, Teri Ijeoma quit her job as deputy principal in a primary school. She traveled the world and used her income from stock trading to fund her lifestyle. She also started teaching others how to make money on the stock market. Three years later, his career, Commerce and travel, has generated more than $ 10 million on the Teachable platform.
“I did not try to start a course,” Ijeoma explained on the Social proof Podcast. “I just wanted an exit strategy. While I was traveling, people started asking me to teach them how to trade. I did my first class in Thailand. People loved it and asked me to do another one.
Ijeoma’s mission is to help more people earn $ 1,000 a day on the stock market. Her course allowed students to remove family members, pay off debts, and travel the world.
“Only the creators of two courses made over $ 10,000,000 in 2020 and I’m one of the two,” Ijeoma said. David never sleeps.“You don’t become one of the top selling courses on Teachable by Marketing. The course should actually get results for people.
After being laid off in 2015, Danielle Leslie earned $ 10,000 in 30 days teaching her network how to start online courses. Eventually, she developed “Course from Scratch”, a training program that generated over $ 4 million in revenue.
Leslie’s success didn’t happen overnight. She had to identify her niche and develop consistency. Leslie urges entrepreneurs to keep going, stay focused on an idea, and monitor their progress. She also thinks it’s important to marry your story and your skills.
“Know the power of your unique story,” Leslie explained during a podcast interview. “I think that’s why I was able to grow so quickly. I have drawn on who I am and who I appeal to. Accepting whatever your difference is will get you this far.
Leslie has experienced tremendous revenue growth over the past four years. She’s committed to engaging her audience, hiring coaches, leveraging social media, and automating her processes. Leslie went from $ 85,000 in 2017 to $ 2.5 million in 2018. Her business made more than $ 9 million in 2020, according to her. Instagram page.
“My first $ 1 million was about freedom – freeing myself,” Leslie explains in an Instagram post. “Going over $ 10 million is dealing with the legacy — freeing the others. “
When Danielle Pierce launched her Masters in Property Preservation Online course In 2017, she earned just over $ 21,000. Fast forward to 2020, Pierce was on an exclusive list of million dollar course makers. She hit the million dollar mark teaching others how to make more money during the pandemic.
Pierce has been an entrepreneur since she was fired from her accountancy role in 2007. She has explored many real estate issues, including investing in tax liens and on-site property appraisals (BPOs). But it wasn’t until Pierce invested in a business coach that she really started to see her profits skyrocket. After hiring trainer Thomas KR Stovall, his online course sales increased by over 4,000%.
“He is the only factor that explains why there has been and will continue to be such massive and predictable revenue growth for Real Estate Profit Lab,” Pierce said in a Facebook post. “If you are good at what you do, are laser-focused and are a true expert in the field, I’m here to tell you that working with a specialist will change your life. “
Pierce uses his real estate background to help others build profitable six-figure businesses without the stress of selling or building a team. Its mission is to help more people develop businesses that fit their lifestyle.
“Being able to articulate and deliver consistent results for the client is how you build a profitable and enjoyable business. In other words, don’t take everyone’s money.