137: What I Spend Each Month In My Online Course Business
"You have to be your own CFO"
- David Krohse
No matter what stage your business is in, you probably have expenses! In this episode we’re taking a look at all the essential tools and services I pay for - and why I think they’re worth it.
In This Episode, We Talked About:
- (0:47) Dave’s story about being in an online course mindset and cost/benefit analysis
- (3:52) My latest launch
- (5:25) Learning from imperfect leaders and thinking about success
- (8:39) A life update made possible by my online course business
- (10:04) Setting the stage for discussion of my monthly expenses
- (14:10) My credit card rewards recommendation
- (14:46) Spending on tools, ads, and cloud storage
- (21:46) What I’m doing for Instagram content so far
- (24:08) Physical pack components and how I handle shipping
- (28:04) More expenses and outsourcing costs
- (29:28) Why I love StreamYard
- (32:31) Staying organized, handling ads, and customizing communications
- (34:51) Thoughts on Wistia, Canva, and Zoom
- (37:07) Payments I handle outside of my credit account
- (37:25) How much did I spend on advertising, course supplies, and processing fees in April?
- (39:13) Contractors’ fees and handling business while away
- (39:56) My experience with Evolved Finance so far
- (41:27) My business wishlist and what I’m enjoying being able to afford for my business
- (43:22) Pitfalls new business owners should be aware of
- (46:34) Three key tools and why I didn’t include them in my monthly expenses
- (47:37) Wrapping up
Thank you for listening in – I hope you enjoyed what you learned! We’ll be back with another episode soon of The Online Course Show soon.
Links
- Deadline Funnel Free Trial
- ClickFunnels Free Trial
- Active Campaign Free Trial
- Bonjoro Free Trial
- Episode 28
- Next Level Courses
- Evolved Finance
- Chase Business
- Backupify
- Auphonic
- GSuite
- Stunning
- WP Engine
- TrustPilot
- Later
- Custom Ink
- Lightning Press
- Moo
- Flashbay
- Sticker Mule
- Typeform
- Upwork
- StreamYard
- Ulku Logistics
- Calendly
- Conversion Owl
- PicSnippets Free Trial
- Wistia
- Vimeo
- Canva
- Zoom
- Zapier
- Sony A63400 camera
- Piano In 21 Days Instagram
- Jacques' Course - Piano in 21 Days
- David’s Course - Wellness Program Expert