128: The Millennial Money Man & Courses
"It was the right product for the right audience at the right time."
- Bobby Hoyt
I had a great time chatting with Bobby and hearing his insights into what it takes to run a successful online course and more.
In This Episode, We Talked About:
- (2:32) Why David thought today’s guest would be the perfect interviewee for our podcast
- (3:46) An update on my Amazon affiliate issues
- (4:37) How is David’s business and course creation process going during the current pandemic?
- (6:54) Thoughts on keeping podcast content evergreen despite world events and what my Facebook live sessions accomplish that the podcast can’t
- (8:31) A minor glitch while jumping into the interview
- (9:16) How Bobby got started with online courses
- (13:12) Instant success vs. the more common reality
- (14:24) Why Bobby stopped putting out income reports
- (16:02) His current course offerings and number of students
- (19:23) How important is income diversification?
- (21:04) Bobby’s story about quitting his teaching job
- (23:36) Thinking through the big decision
- (25:17) The thrill of a successful first launch and a special bottle of wine
- (30:43) A disclaimer and a discussion of Bobby’s early conversion rates
- (32:46) Struggles along the way
- (34:56) Having a partner vs. working alone
- (36:21) The most stressful aspects of running an online course without support
- (39:41) Bobby’s favorite perk of having a successful course business
- (41:08) The top tools Bobby uses
- (43:33) His advice for aspiring course creators
- (44:20) Where to find more info from Bobby and his wife
- (45:59) David and I discuss our favorite moments from the interview
- (47:47) Ups and downs for online course businesses
- (51:24) How I handle certain tasks and how I may outsource them in the future
- (53:05) Thinking through when different people may decide to quit their day job
- (55:22) Wrapping up
That’s all for now, folks! See you on the next episode of The Online Course Show.
