Hi everyone, I realized I've never formally introduced myself though I've been in the group for awhile.
I teach jewelry making on YouTube (just passed 30,000 subscribers, yay!) and published my first course on Udemy in February and it's going great so far. I still have a lot of work to do in the way of setting up sales funnels to bring in steady sales from my own promotions, which is exactly what I'm focusing on now before moving on to create my next jewelry making course.
My main struggle is this transitional period where I'm trying to shift from one business model to another - from making and selling jewelry (exchanging time for money) to the more scalable version, selling digital products that can be sold infinitely. I still need them both for income right now but the first one is holding me back from making faster progress in the second. Very frustrating!
I can tell you though, I know I'm on the right track. Comparing profitability of the two businesses - 40% profit from selling jewelry for the first 2 quarters so far this year compared to 80% with the other. BINGO! I'm confident I can increase that margin even more as I get the ball rolling to increase sales and add more courses.
Anyway, sorry for the novel, but I'm sure many of you can relate. I'd love to hear your success stories and even your frustrations. Many thanks to +Mark Timberlake
and +Philomena Timberlake
for creating and running this vibrant and helpful community. It's great to be here!