Stop selling info and do this instead

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Pat Flynn

Pat Flynn

Күн бұрын

Gone are the days where we can simply package information into something and put a price on it. There are ways, however, to position your expertise, serve an audience and generate revenue, which I'll share with you in this video.
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Пікірлер: 401
@caseycantrell-gh6fg
@caseycantrell-gh6fg Күн бұрын
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@PilouBen
@PilouBen Күн бұрын
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@caseycantrell-gh6fg
@caseycantrell-gh6fg Күн бұрын
@@PilouBen However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments
@PilouBen
@PilouBen Күн бұрын
@@caseycantrell-gh6fg Oh please I’d love that. Thanks!
@caseycantrell-gh6fg
@caseycantrell-gh6fg Күн бұрын
@@PilouBen Judith Ann peace is her name
@caseycantrell-gh6fg
@caseycantrell-gh6fg Күн бұрын
Lookup with her name on the webpage.
@MendyJanelle
@MendyJanelle 27 күн бұрын
This is so tiring. One video someone says this, other videos are saying SELL INFORMATION and other videos people are making a ton of money from their courses. It's all about this. Build your audience and be genuine. Take whatever path YOU WANT. You can be successful at any path you choose if you put in the work. People will always buy from people they like.
@yamuna-coach
@yamuna-coach 27 күн бұрын
Agreed - I am part of a community of 400 coaches / consultants and info-product sellers that are all doing 7 / 8 / 9 figures... why say that it doesn't work? That is a play taken from page 1 of the traditional scarcity info-marketing tactic handbook. There are people running successful 7/8/9 figure businesses in pretty much every vertical / niche / biz model out there.
@ahallaby
@ahallaby 27 күн бұрын
The point is that information alone does not work as well as it used to. The better or easier option (especially for starters) is to sell a service maybe with some info packed in. The idea is that you can reach your first income/revenue goals much faster by selling less at a higher price VS low ticket info. Once this machine is working and you understand your audience, THEN you can add in info products / workshops or whatever to the mix. It’s also easier to add these products after doing some DFY cause with DFY you quickly learn and understand your clients needs and that gives you the knowledge and IP you need to create great info products. These products can then be used to attract new people into your audience as free or paid leads magnets and potentially also make you a good amount of money over time. (This can be done from the start together with DFY, your chance of creating a good product is just lower) But starting with info products alone to build wealth or whatever your goal might be would probably be harder and take longer for 99% of people.
@Because_Reasons
@Because_Reasons 26 күн бұрын
Word. Selling information isn't going out of style in fact selling human information will have a premium soon over (AI information).
@NewYorkNadia
@NewYorkNadia 26 күн бұрын
He’s talking about creating a community on SKOOL and charging for membership.
@dablackdon
@dablackdon 25 күн бұрын
100% reason why you should not have KZbin to find mentors on KZbin, I've been selling info-products since 2002. You can't force 100% or even 20% of people to implement everything you've taught in your product. This guy is failing at it and putting his fears on US. 😅😂 All of what he touched on in this video is in all of my funnels. Front-End product + DFY Upsell + Video Course Upsell + DWY Upsell / SaaS Upsell. etc
@chrisjohnson4039
@chrisjohnson4039 27 күн бұрын
My business mentor said people buy two things: 1. A Solution 2. A Result When I wrote business plans for clients, I made sure it was for the right reasons and the right audience. I think there's a tendency for entrepreneurs to forget that their Driving Force is to solve the problems in the market. They only want "the bag". Yet, they forget that solving the problem leads to "the bag".
@themoneyhigh
@themoneyhigh 25 күн бұрын
The problem is not information, it is the repetition of the same information, but the creators of new and fresh information will always succeed.
@StephaniePerry
@StephaniePerry Ай бұрын
I sell the same information in course format and in challenge format with coaching and community included. The challenge outsells the course 10 to 1 at almost 2x the price. And I get great testimonials from the challenge, while the course students are silent. I assumed they were finishing but weren't reaching out to me. But now I think they likely aren't finishing. Thanks for these stats.
@patflynn
@patflynn Ай бұрын
10 to 1 that’s insane. Nicely done!
@teenageapocalypseusa5368
@teenageapocalypseusa5368 Ай бұрын
What is a challenge format?
@vincentcaudo-engelmann9057
@vincentcaudo-engelmann9057 Ай бұрын
Seconding the what is the challenge question.
@renosance8941
@renosance8941 Ай бұрын
@@teenageapocalypseusa5368 You give people a goal... like "wake up early for 30 days" then give people a community (group chat, Discord, FB group, etc.) that everyone joins to keep each other accountable. From there, people interact with everyone else doing the challenge, including the hosts/coaches, and shares their progress, accomplishments, setbacks... you can throw in little bonuses, do little live events, have weekly check-ins, and just keep people engaged with the program. When it's a group effort, and you know others are directly in the challenge with you, people are more likely to finish, compared to a course where... a solo individual can just fall off, and never finish.
@renosance8941
@renosance8941 Ай бұрын
@@vincentcaudo-engelmann9057 (see my reply above)
@Henry-hp3kl
@Henry-hp3kl 25 күн бұрын
I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.
@VictorB.Henrickson
@VictorB.Henrickson 25 күн бұрын
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
@KateShawn-jv6wh
@KateShawn-jv6wh 25 күн бұрын
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@user-ko1xu4ow4w
@user-ko1xu4ow4w 25 күн бұрын
Mind if I ask you to recommend this particular coach to you using their service?
@KateShawn-jv6wh
@KateShawn-jv6wh 25 күн бұрын
Leticia Zavala Perkins, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@LoseMike-og9in
@LoseMike-og9in 25 күн бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@toomuchdrivetothrive
@toomuchdrivetothrive 29 күн бұрын
A main reason courses are not selling is because there are so many terrible courses, not because information is free. People are wising up. Every time someone buys a course that is garbage, they are less likely to buy another one. I would say only 10% or courses are any good, if that.
@TheBlackManMythLegend
@TheBlackManMythLegend 28 күн бұрын
exactly as somebody said marketer ruins everything.
@AugustDavinDeepson
@AugustDavinDeepson 27 күн бұрын
@@TheBlackManMythLegendare you sure lol
@onseroll
@onseroll 27 күн бұрын
@@AugustDavinDeepson The majority of ads and products being sold today is mostly trash or impulse buying bait. Most of the good course I found were buried deep in bad course. Reason for this is because of marketing. People who do research like myself have to filter through multiple sources that are on the top search results because writers figured out how to market their product for clicks vs people who made something good but don't know how to compete with top page writers. It's why there been an increase of google searches that end with reddit in them.
@AugustDavinDeepson
@AugustDavinDeepson 27 күн бұрын
@@onseroll Brilliant. There is hope brother. The way you answered me, on point. We are good. Keep it up 💪🏼
@Catina28
@Catina28 24 күн бұрын
I've bought really good course which I eventually finish but it takes a while for me to do so. I'm just tired of reading learning and not implementing. I thi k he's making a good point here.
@juliekrolak1450
@juliekrolak1450 26 күн бұрын
I took an online course in 2021. The course creator made you finish the course by holding you accountable and giving you something at the end of the course for completing it. The course content lasted only 21 days, but if you did all the assignments, you got to keep the course content. Most people finished it and then signed up for his second course. His course was successful and a lot of his students were successful but if they were struggling, he came up with free and paid ways to help the strugglers - extra free course, coaching, mastermind groups, etc.
@avigailomichael
@avigailomichael 25 күн бұрын
Such a brilliant strategy! Can't thank you enough for sharing!
@theJustinRhodesShow
@theJustinRhodesShow 26 күн бұрын
Our membership has declined since 2020. It’s good to hear it’s not us but a macro change we can’t really control.
@patflynn
@patflynn 26 күн бұрын
We can't control the macro but what opportunity does this create for us? It allows us to get ahead, pivot and be proactive to find new ways to offer support, and it can force us to innovate.
@debasmitabasu_456
@debasmitabasu_456 Ай бұрын
The speaker, Pat Flynn, suggests three ways that creators can sell implementation instead of information: Do it for them: This means providing a service where you do the work for the customer. For example, if you teach people how to build websites, you could offer a service where you build websites for them. Do it with them: This means coaching or consulting with customers to help them achieve their goals. For example, if you teach people how to lose weight, you could offer coaching services to help them create a weight loss plan and stick to it. Do it with others: This means creating a community or cohort where people can learn from each other and hold each other accountable. For example, if you teach people how to start a business, you could create a community forum where people can ask questions and share tips. Flynn believes that these methods are more effective than selling information because they provide more value to the customer. Customers are more likely to succeed if they have someone to help them implement what they learn.
@sharimubarak8000
@sharimubarak8000 29 күн бұрын
Thank you, this was super helpful to read through while listening to the video. I appreciate you.
@JoyfulMaverick
@JoyfulMaverick 29 күн бұрын
Thank you.
@StephenBeale
@StephenBeale 29 күн бұрын
ChatGPT summary of transcript?
@ReeveScaleViews
@ReeveScaleViews 29 күн бұрын
Do you mind sharing how you got this summary - was it from a AI tool? :)
@user-es3dz9vn5i
@user-es3dz9vn5i 29 күн бұрын
@@ReeveScaleViews am curious too...
@reneholz66
@reneholz66 29 күн бұрын
I love it when leaders or influencers tell people not to do something anymore. It's good for the one who is still doing it. It´s not about the product type it´s the place where to sell. And on top, you offer (and sell) the DFY. Thanks.
@CallMeMKJ
@CallMeMKJ 29 күн бұрын
Love this, Pat! The reason there is "too much information" is that it is ubiquitous since the internet. Community built around the topic that enables them to support a movement is what allows that information to be implemented! The connection and collaboration of a community is the value, and is what lifts all members up. Such great info! Thanks for sharing.
@jillymonson
@jillymonson Ай бұрын
When I started seeing direct ads from some of the "big names" in course creation, it was clear that wave was over. AND after taking courses in the past and finding most are b.s. or a regurgitation of b.s., I was over it. I feel like so many people don't know what to teach, so they take a course and then start selling a course on the same topic. sigh.
@dadbod591
@dadbod591 27 күн бұрын
this is so real. people read a book or take a course and then sell a watered down course on that course or book.
@EcomCarl
@EcomCarl 29 күн бұрын
Absolutely agree! 💡 Shifting focus from just providing information to offering implementation solutions adds tangible value to your audience's lives, making your business indispensable in today's overloaded world of information.
@iamrebeccaanne
@iamrebeccaanne Ай бұрын
I’ve been selling online courses since 2020 and have definitely seen exactly what you’re talking about however we also provide mentorship and community which is why we are still in the game 🎉
@patflynn
@patflynn Ай бұрын
Awesome! How exactly do you and your team insert mentorship into your program?
@garye729
@garye729 29 күн бұрын
@@patflynn following
@garye729
@garye729 29 күн бұрын
Hello @iamrebeccaanne , can you please share how you incorporate mentorship/community?
@itsirenechan
@itsirenechan Ай бұрын
In the start of 2023, I intended to publish a course and sell it. I've been freelancing for almost two years by then. But for some reason, I could never record the videos for my courses. Later that year, I made a change. I started hiring people to get some of the work done. When I started doing that, the growth was almost immediate. I was able to grow my team, revenue, and this year, I officially started my own company helping early-stage startup founders 10x their marketing results with half the budget using freelancers in the Philippines and leveraging AI workflows. And for me, selling execution is a lot more fun. This video confirmed my decision! So happy that I followed my gut. Glad that there are videos like this that are looking at the hard facts and pivoting.
@bunnystrasse
@bunnystrasse 29 күн бұрын
What AI workflows did you use?
@Ihateteenagerstheyrecringe
@Ihateteenagerstheyrecringe 7 күн бұрын
That's exactly what Im trying to do as well. Selling value by saving businesses time and let them focus on growing. Are you a apart of any groups? Maybe we can connect since we're doing the same thing. I already have funding and domain bought btw, and a first' sandbox' client
@jmarino715
@jmarino715 Ай бұрын
Wow... never thought I'd see you of all people to make a video like this. Thanks for being open and honest about it.
@BobbyRayBurns
@BobbyRayBurns Ай бұрын
So... we're simply back to trading "time for dollars" - working. LOL
@patflynn
@patflynn Ай бұрын
Not exactly, but we're clearly moving away from automated income from information only. Creating a software to solve a solution, for example, is far from time for dollars.
@thecontentproducer
@thecontentproducer 29 күн бұрын
Basically, but SaaS is the new vending machine.
@annaraphaeladrumond4673
@annaraphaeladrumond4673 28 күн бұрын
I thought the same thing... Not interested
@CoconutPete
@CoconutPete 27 күн бұрын
lol and that means you work for less than McDonald's wages due to heavy outsourcing and a horrible economy
@CoconutPete
@CoconutPete 27 күн бұрын
​@@thecontentproducerthe saas grift has been going for years
@VincentPolisi
@VincentPolisi 29 күн бұрын
You nailed it! I've been doing this since 2009 via a JVP (bona fide joint venture partner with executed agreements) program/platform and it's something literally no other person/provider/company in the space does (and I've done it across multiple industries). Excellent job, Pat. Zero filler. All pure gold. 💪
@Motiv8Malik
@Motiv8Malik 23 күн бұрын
The main principles of what to stop selling and what to start selling instead, according to the video, are: Stop selling: 1. Information/Online courses alone Start selling: 1. Implementation 2. Accountability 3. Community The main points mentioned in the order they appear are: 1. People are not buying online courses like they used to, and completion rates are abysmal (5-15%). 2. Information alone is no longer valuable because there is too much free information available. 3. What is scarce and valuable today is time, so sell implementation instead of just information. 4. Three ways to sell implementation: a. Do it for them (service-based business) b. Do it with them (coaching/consulting with accountability) c. Do it with others (community/cohorts for accountability) 5. Convert the convenience, not just the information. 6. Understand the differentiation between what you offer and free information. 7. Proof is priceless (use case studies and transformations). 8. If starting out, use the "1-1-1 strategy" to get proof and results. For more details WATCH THE VIDEO UNDERSTANDING IS IMPORTANT FOR THESE MAIN POINTS
@marketingwithwilliam
@marketingwithwilliam 21 күн бұрын
Thanks for the breakdown 👍
@DaveSoltura
@DaveSoltura 29 күн бұрын
Pat, I needed to hear this from you. You're one of the first digital entrepreneurs I've followed who's has massive success with info marketing/courses. I've been meaning to do courses again and again, but the landscape really has changed. Perhaps at best, I'd consider doing micro offers between $9-27 for larger audiencese, but community power is the way to go. You've also reinvigorated my perspective on service--even passive income goes dry. Thank you for the wisdom!
@isairodriguez2241
@isairodriguez2241 29 күн бұрын
This is 100% accurate! I've noticed this also. Trying to sell just Info is not cutting it anymore. I've been thinking of different ways to pivot and this is great info. Thanks Pat!
@brandonb8807
@brandonb8807 Ай бұрын
Thanks so much Pat! I've been trying to figure out how to get started with the experiences I've had in my life (I'm 45, lol) and I couldn't see a way to package and monetize what I know that hasn't been already put online. But you've given me a knew way to look at it. Now I'm reinvigorated to take another look at all of this!
@karimh9785
@karimh9785 26 күн бұрын
Don’t invent the wheel, rake sometjing ghat aleeady exist and improve it
@drmonthie
@drmonthie 24 күн бұрын
Retention in MOOCs and online courses has been studied for a while. There are many reasons people don't complete them. Anyone trying to create and sell online courses should have experience and/or training in adult education principles. The industry is shifting because people are sick of trying to learn something from someone who might not know how to teach. I highly suggest the book, "The Adult Learner" by Malcolm Knowles for anyone wanting to develop a successful online course / education-based business.
@richardpryn
@richardpryn Ай бұрын
Love this Pat - I've been following you for almost 10 years now and I have so much respect for you and what you do. Really appreciate this advice 🤘🏼
@MultipleCareers
@MultipleCareers 22 күн бұрын
I agree that selling useful services will do very well. The problem is that to sell services it requires the providers time, 1:1 in proportion to the service rendered, as opposed to selling knowledge (or other digital products) which can be done once and sold multiple times. I think that is what a majority of people are trying to do by starting a youtube channel or selling courses/ebooks. Still, it was a great video and provided some food for thought! Just making any content doesn't work anymore, it has to be information that is not out there yet and that solves a specific problem.
@realMartinHamilton
@realMartinHamilton 28 күн бұрын
Great to hear someone confront the truth about selling information. Gaining attention is key. Pitch yourself as a KPI: key person of influence. If they know you, like and trust you they are likely to choose you.
@EllyKlein
@EllyKlein 23 күн бұрын
Pat, I couldn't agree more and I've been trying to sell implementation over information for ages now. The trouble is people don't think they need help with implementation. They think if they just keep consuming all the free information, they'll eventually implement it and get the results they want. How do you convince someone that they'll probably still be stuck in the same place years from now if they don't get help with implementation?
@Itravelbackintime
@Itravelbackintime 4 күн бұрын
It comes down to the target quality of your email list as not all email list quality are created equally regardless of quantity. Ultimately, it's the relationship with your list and how you brand yourself. What value do they use from what you have and the reputation generated from it.
@MBContentCoach
@MBContentCoach 25 күн бұрын
Mr. Pat Flynn, this is DEFINITELY the most important VIDEO to watch in 2024. Many people will SCOFF or PLAY DEFENSE on what was REVEALED here, but TRUST ME, I heard you LOUD AND CLEAR. Thank you for pulling back the CURTAIN, revealing what is necessary to SUCCEED, and then providing the Algorithms and Strategies for Successful TRANSFORMATION. You got DOWN with this Video - You Hear Me - You GOT DOWN....
@Kozette88
@Kozette88 Ай бұрын
Thanks for telling us, Pat. 🙏🏽
@christophhehemann
@christophhehemann 27 күн бұрын
Hi Pat, you showed a graph of "change in revenue" to support your argument that selling online courses was no longer working. However, the graph went down to +0.6% change in revenue, meaning that your revenue was still growing. So essentially you were still making more or less the same amount of revenue as you were during the pandemic. I would interpret that to mean that online courses are still a very attractive revenue model. BR, Christoph
@English.Fluency
@English.Fluency Ай бұрын
Thank you Pat, I just stumbled on your video, and you answered a very pressing question I had. Again, thank you! I happily subscribed to your channel
@Chickasawndngirl
@Chickasawndngirl Ай бұрын
Thanks Pat! Love the All Access Pass! The community, Accelerators and courses have helped me more than I can say! ❤
@patflynn
@patflynn Ай бұрын
I appreciate you saying that - thank you!
@AlbeiroOchoaGutierrez
@AlbeiroOchoaGutierrez Ай бұрын
I have been selling tutoring services since before the pandemic. Clearly, it is complex to scale, yet it commands a higher price and has a higher completion rate.
@sherylm.franks4536
@sherylm.franks4536 11 күн бұрын
I am so thankful I saw this video before I wasted time creating online courses. This gave me the clarity I have been seeking! Thank you!
@yashaofsauga
@yashaofsauga 24 күн бұрын
i can honestly say that a had a flat tire on the road and the small information pamphlet that came with the vehicle on how to change the tire was invaluable and empowered me to do answer the call the life had required of me in that moment. maybe the information you are providing isn't as valuable as it once was and the market is letting you know, either way i've subscribed
@DigitalUniversityHQ
@DigitalUniversityHQ 29 күн бұрын
very genuine video, love the authenticity. thank you!
@LIPA-NY
@LIPA-NY Күн бұрын
Emphasizing quick, impactful delivery and authentic interaction can revolutionize product success in consumer technology, guiding strategic development and improving user retention.
@IleaneSmith
@IleaneSmith 22 күн бұрын
Thanks Pat! This is great advice for anyone looking for a way to pivot.
@thisisalejo
@thisisalejo Ай бұрын
I like whatever it is you are using to write on your slide you’re displaying!
@patflynn
@patflynn Ай бұрын
Thank you! Experimental, and we're liking it so far on this end as well!
@telluwide5553
@telluwide5553 Ай бұрын
Back in the day, rock stars first made their money mostly from live events, and records used to be a way of promoting themselves. By the 1970s, it was the other way around. Bands toured to promote their latest albums. By the time Napster came around and people could get music for free, the music industry was up in arms... When the music industry realized it was basically a losing battle, they went back to making most of their money through live events again. Only this time, they charge much higher ticket prices and make tons selling merchandise at concerts. Seems like a similar business model.
@ProfePlaysMinecraft
@ProfePlaysMinecraft Ай бұрын
Extremely timely!!!! Totally needed to hear this as I’m working on creating courses…. Which apparently might be obsolete.
@patflynn
@patflynn Ай бұрын
Nah, not exactly. Think about how you can be sure your students can implement - or what you can do to ensure they get results. Info alone is a tough thing right now unless it’s truly unique and can’t be found anywhere else.
@lululemonbar9110
@lululemonbar9110 Ай бұрын
Makes sense. Thanks
@ChristopherShawnShaw
@ChristopherShawnShaw 25 күн бұрын
You be da man, Pat! Father God bless & keep you & your loved ones always!!!
@Catina28
@Catina28 24 күн бұрын
As someone who buys a lot of course.. Just because, I've also been thinking about this. I don't complete and sometimes I wish I could just get someone to just do it for me. Initially I thought I was using it as an excuse not to start but it was a legit concern. I agree that implementation is the way to go. Now I just need to figure this out for my relationship knowledge set and experience.
@franchise.licensing.institute
@franchise.licensing.institute 19 күн бұрын
I found this quite helpful and eye opening. "Stop selling information start selling implementation!"
@telluwide5553
@telluwide5553 Ай бұрын
You know with all the hoopla around AI, loneliness and isolation issues, people are yearning for human to human contact and connection. Human to human contact and connection will be at a premium. This is the future ....
@patflynn
@patflynn 29 күн бұрын
100% - well said
@vanessa_simmons
@vanessa_simmons 18 күн бұрын
But the CRAZY part is that this "premium experience" is already being sold! Retreats for example have become so popular since the pandemic.
@telluwide5553
@telluwide5553 18 күн бұрын
@vanessa_simmons That's like saying, Well, Apple already built the personal computer and iPhone, so you can tell Samsung, Dell, etc. There's no more need for smartphones or PCs....
@MadalynSklar
@MadalynSklar Ай бұрын
Pat, your videos are always inspiring. I discovered you when you first started 15 years. Thank you for being you. 😀
@patflynn
@patflynn Ай бұрын
Such a long time ago Madalyn! Thank you for being there along the journey, I remember seeing your name often!
@viktorfromsales
@viktorfromsales 29 күн бұрын
Loving the insights you backed the examples up with👏🏻
@travisminneapolis
@travisminneapolis 17 күн бұрын
So many courses sell the transformation and fail to share HOW to actually step by step get there. They up sell the course gap, that they sold you on buying the first one. If you dont buy the next level, your failure is because you didn't buy the upsell. If you call them out in their "community", they ban you (and dont refund you since its past the small refund window)
@MaruHieta
@MaruHieta 29 күн бұрын
Valuable info! This confirms my hunch. Convert the Convenience.
@nyoracl
@nyoracl 9 күн бұрын
The whole point we went into smart passive income is to exit service, agency, coaching or workshops
@UDoIt2
@UDoIt2 Ай бұрын
Thank you Pat! - John
@PeterSu
@PeterSu 27 күн бұрын
Hi Pat - super helpful video and as someone that has been in SPI and taken the community building course this is a very helpful reminder. Question, any suggestions on how we can make CBCs more passive or less manual? Especially if giving custom feedback to students on docs or a mock interview are part of the current live curriculum?
@CarlosRosario
@CarlosRosario 29 күн бұрын
Much needed and thank you.
@NathanJamesLarsen
@NathanJamesLarsen 29 күн бұрын
I think this is definitely accurate - I am seeing as my competitors in the music space are trying to sell courses and not having much success - but we are still doing pretty good. I think a big reason is because we leverage a community element with weekly calls and focus quite a bit on that implementation piece - but I think we can also do better and find more ways to improve. Also, Pat - met you in the hallway at the Think Media conference in Vegas I think 2 years ago and was awesome being able to chat and meet you. Thanks for all you do.
@KendallMatthews
@KendallMatthews Ай бұрын
Thanks for sharing. It's time to partner with implementation teams.
@PresencePioneer
@PresencePioneer 16 күн бұрын
Thank you for the INFORMATION in this video, Pat. Very helpful.
@bobninda
@bobninda 29 күн бұрын
Very valuable info - thank you!
@aliabdaal
@aliabdaal 29 күн бұрын
great video :)
@arron-oz9vb
@arron-oz9vb 15 күн бұрын
I agree 100% with Pat, I've pivoted and went differently about selling online by following people like Elon Musk and Grant Cardone I focus on UIUX , Saas, and went back to Real Estate and a Solid Network Marketing company and mixed it all into a Social Community! Lets Go!
@AndresArosemena
@AndresArosemena 25 күн бұрын
I didn't know you had a KZbin channel! Great video, I'm going to check your other ones (Nice hoverboard back there by the way)
@rise_up_media
@rise_up_media 29 күн бұрын
Really insightful takes! Appreciate it, Pat!
@MishanZia
@MishanZia 27 күн бұрын
Hi Pat! This video was so helpful - thank you! I completely agree - this message is invaluable for me as I'm creating my health coaching program. Just curious, I love the way you did the rectangular talk bubble as you shared your screen - can you share what app or software you used for that?
@kurtyaz
@kurtyaz 26 күн бұрын
Great perspective, thanks for Pat!
@seabeedeedaily
@seabeedeedaily Ай бұрын
Great advice. You have me marketing ideas too even tho I'm not in the course business
@theofficialgwiz
@theofficialgwiz Ай бұрын
This is valuable for me just starting on my entrepreneurial journey. I’ve been leaning more towards building communities and interactive courses to help people get through to the results they wish they had. Thanks for sharing! How do you do your presentations where you’re in the phone and you have the info on the left?
@realexpatslivinginitaly
@realexpatslivinginitaly 28 күн бұрын
Try with Keynote or Canva
@Raspil
@Raspil Ай бұрын
Pat you are awesome
@wonderboy855
@wonderboy855 28 күн бұрын
It's same concept coaching also is information and the thing is about course completion percentage it's same since long time the issue with online course is very long so many chapters if the course is short and consize it will be better
@sethwilliams43
@sethwilliams43 29 күн бұрын
Great video. I needed to see this!
@Nocare89
@Nocare89 29 күн бұрын
I learned programming, 2d art tools, 3d art tools, video editing, etc all online for free and like in dial-up days. I honestly never understood why these 'courses' worked for people at all over the following 20 years. Same useless junk as selling pdf's most of the time. Anyway I support this message
@23movements
@23movements 12 күн бұрын
I so dislike when people say "that won't work" "that's not gonna happen", when so many people are clearly still doing it. Why not just present your POV without pushing absolute statements?
@CoconutPete
@CoconutPete 27 күн бұрын
grifters will always find a new way to grift. The reality is once a grifter is selling a course, that market is already saturated. There's already all the information you need for any subject for free. Don't give any of these people a penny as they are all full of BS
@ClearCallMinistries
@ClearCallMinistries 13 күн бұрын
Thanks, Pat! Great stuff! Very helpful. Have a blessed day!
@craiginzana
@craiginzana Ай бұрын
I work at an automation company for a specific segment (event promoters) we give away a lot of information that used to be gated or paid and make money when we give people their time back via automations. I think this could be more hands-on via Zapier and other tools, like automation agencies. Doesn’t have to be fully fledged software like us.
@patflynn
@patflynn Ай бұрын
Love this 💪
@yetijoeyetijoe
@yetijoeyetijoe 29 күн бұрын
I am building something similar myself but for another segment. I first thought about selling an automation template for people to use. The challenge is that the person/company will have to then pay for the individual services that my template will automate. As of this week, I am leaning towards just providing the automation for them. Working on how to build the front end for this service and pricing.
@TheDigitalGrowthHacksClub
@TheDigitalGrowthHacksClub 29 күн бұрын
Good stuff Pat
@travisminneapolis
@travisminneapolis 17 күн бұрын
The problem is that people LIE to get you to buy. They sell you the dream, and then the course sells you a giant gap in information. Like they sell you how to make a recipe and then when it gets to seasoning, they say "buy our proprietary seasoning" to get the flavor.
@dr.guyshkolnik_composer
@dr.guyshkolnik_composer 25 күн бұрын
Great video, Thank you!
@TheFeed365
@TheFeed365 Ай бұрын
Wow! Really good info! 😊
@leiahmae
@leiahmae 27 күн бұрын
Golden info. Thank you
@kathryncainmadsen5850
@kathryncainmadsen5850 22 күн бұрын
So I'm hearing short practical courses where you walk people through it. I know that's what I look for these days
@andredei8492
@andredei8492 27 күн бұрын
What’s the software you use for your communities @pat ?
@ericfromshuckabuck
@ericfromshuckabuck Ай бұрын
What are you using to draw on? That just an ipad or something specific for these videos??
@patflynn
@patflynn Ай бұрын
Yep, just an iPad 🤙
@ericfromshuckabuck
@ericfromshuckabuck Ай бұрын
@@patflynn thanks. great video!
@brownreport
@brownreport 25 күн бұрын
So True. the game is changing or has changes. way to get in front of it.
@matteotrovato_
@matteotrovato_ 28 күн бұрын
Hey Pat, just curious..which app do you use to annotate full screen on the ipad?
@patflynn
@patflynn 28 күн бұрын
Procreate 💪
@FabioGalleraniOfficial
@FabioGalleraniOfficial 29 күн бұрын
real talk
@Brian-Downard
@Brian-Downard 27 күн бұрын
Affirmation I needed. We’re on track 🎉
@miguelsalvado
@miguelsalvado 5 күн бұрын
This is very interesting. Thank you for the value.
@theShepherdess
@theShepherdess 24 күн бұрын
solid gold.
@MortgageMarketingRadio
@MortgageMarketingRadio 18 күн бұрын
What tools are you using for the digital screen/teaching in this video? iPad? Streamdeck?
@patflynn
@patflynn 18 күн бұрын
iPad writing on slides I imported into Procreate
@mrluckydarius
@mrluckydarius 24 күн бұрын
Courses were easy to sell for $1000-$1500. Now you can still sell for $100-$500 but add in affiliate offers and paid memberships to get recurring income. Drop Servicing is better tho cause you can resell services.
@manpowergenius_com
@manpowergenius_com 20 күн бұрын
We actually started selling courses on how to hire remote workers because its valuable information that saves people money which is all people want.
@hatebreeder999
@hatebreeder999 24 күн бұрын
Great insights. I am selling online course but majority of my revenue comes from what this guy mentioned here.
@niranjanp65
@niranjanp65 Ай бұрын
People might worry, trading “time for money”. This business can still be passive if you perfected making a team that either manages your community well, does consulting and even does the service that you do. To make this business model passive, you need to act as a founder and give your employees a part of the business equity.
@patflynn
@patflynn Ай бұрын
Not necessarily - I see a lot of creator led businesses that have zero employees and definitely do not share equity, but still automate their processes to remove the time required, or hire the right people (even contractors) to remove that work from the creators plate as well.
@KeepItReels
@KeepItReels 29 күн бұрын
Pat was/is the most transparent marketer of all time. And someone rewarded him with a hacking of his website. What did Pat do? Shared how to protect your website and the details of the ordeal. Legend.
@SaroDogTraining
@SaroDogTraining Ай бұрын
Hey Pat. Love your videos, your work, and you. Just a note that the audio of this video was bad.
@patflynn
@patflynn Ай бұрын
Yeah - I had an XLR cord touching a power adapter causing a buzzing sound. Added music to help 😔
@JilianToree
@JilianToree 24 күн бұрын
People are sick of being scammed! Point blank. Course creators think they’re so genius but most just got lucky that what they kept trying actually worked. & not every approach works for every client so that should be reflected in your prices, genius! But hey, you wouldn’t get rich that route…
@KulwantNagi
@KulwantNagi 6 күн бұрын
00:02 Selling information is no longer viable 01:33 Focus on providing valuable content instead of just selling information 03:10 Stop selling information, start selling implementation 04:46 Offer coaching or consulting for accountability and success in online courses 06:28 Stop selling info, start selling implementation 07:56 Community-driven learning is more impactful than just selling information. 09:25 Convert convenience, not information 11:06 Differentiate your coaching by highlighting unique value and offering proof.
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