Maxwell5
New Contributor
- Joined
- Jun 28, 2022
- Messages
- 4
Rep Bank
$90
$90
User Power: 25%
Hi guys, about a year ago I read the Great Rat Race Escape and became a member of this forum, but only now I took the courage to introduce myself and talk about my business ideia. I already failed two businesses (food industry, ecommerce store) and I'm about to start my third, but this time I have more experience and better knowledge of what I need to do to make it succeed. So I'm making this post to document my entrepreneurial journey, and keep myself commmitted. This is gonna be a long one, but I hope I can get some insights and also help other people just starting out.
I've been a language teacher for some time now, and I noticed that, here where I live, a lot of the online language teaching programs/courses are really shallow and click bait ("my secret method is going to make you fluent in 3, 6 months!", "learn by just watching netflix series!"), they don't offer very good customer support, trail periods, refund policies, and the way they structure their course is truly awful (no logical order, from easy to complex, they just throw a bunch of random classes in there and make it into a course, a clear cash grab), and the few good ones are not affordable for most people (since most people want to learn a language to get better job oportunities, like English and Spanish, most don't have a lot of money to pay for a course).
So even though the industry of language teaching online is saturated, it's full of crap cash grabs, and the few who aren't, are really expensive. So I tried using my experience as a language teacher and adapt it to an actual worthwhile online course/program, that actually teaches you the language, gives you support and is affordable. The result is a business that really stands out from the crowd and I think is worth persuing, but I still need to make a few tests to make sure.
Before even thinking about the teaching method, I had some ideias in mind. My course had to have an excellent customer support. Really fast whatsApp communication and the students are able to schedule one on one conversations with me if needed. I also wanted to have an unconditional money back guarantee. At any point in the training, if you feel you're not learning enough or it's not worth your money you can ask for a refund. I also provide you with tools to evaluate your knowledge in the language, meaning you will know if you are truly learning and can ask for a refund if you find you are not. This forces me to make the very best course/program that I can, making sure you actually learn from it, and makes it a no brainer/risk free purchase from anyone looking to learn the language.
Now it's time to actually make the course content. I'm building my course to have:
-step by step teaching. Don't overwhelm the student with too much information. Have a nice learning pace.
-practice focused. Everything that is taught is put into practice (writing, reading, speaking and listening)
-tools to evaluate your knowledge in the language. That way you know exactly what you need to review before going to the next module and you can record your progress.
-techniques that help you memorize vocabulary faster and never forget.
-the course has a fixed daily study routine. Making studying and practicing a habit.
-have real world situations explained (how to do job interviews in the language, asking for directions, going to the supermarket etc)
-reading recommendations and other activities you can do besides the course to learn the language.
-Have any doubts? Just contact your teacher through whatsApp, email or even schedule a one on one online call. I'll make sure you learn or I don't want your money.
-free trail. I'll give you the first few modules for free and you can decide if the method is a good fit for you.
-All for an affordable price.
To make sure I accomplish all of that I'm making a sample of the course and will send it to a few people to try. I'm think of putting an ad up and try to collect a few emails of interested people, that way I'll have a list ready for when the course launches. This course is gonna cost me an immense amount of time to build (literally thousands of hours of recorded content alone), so I decided to divide the content into smaller chuncks, launch them one by one and bundle them together once they're all ready.
I tried comparing this course model with the big players, some of them have those perks but none of them have them all together. If I actually pull it off I think I'll have a winner this time.
I'll test the sample, gather feedback and only then I'll start building the actual thing. The amount of work I have ahead of me makes my head spin, but it's definitly worth it.
These are the steps I need to take now:
-build the course sample
-test the sample by sending it to a few people and using ads like meta ads, tiktok ads, google ads etc and collect emails.
-give the business a name, buy a domain and hosting service
-create social media channels (youtube channel, tiktok, instagram) so I can build an audience even without a product first, and hear what they say about my content
-launch the course when ready. It's definitly gonna take a lot of time, but hopefully I'll have a following on social media by then, this will deminish my ad costs.
I hope I'm giving people enough value to have a good business this time? What do you guys think?
I'll be posting updates now and then and record my progress here. Hopefully that can be useful to someone. And if this doesn't work out, we can think of other business ideias together. Thanks for your time if you read it all until here
I've been a language teacher for some time now, and I noticed that, here where I live, a lot of the online language teaching programs/courses are really shallow and click bait ("my secret method is going to make you fluent in 3, 6 months!", "learn by just watching netflix series!"), they don't offer very good customer support, trail periods, refund policies, and the way they structure their course is truly awful (no logical order, from easy to complex, they just throw a bunch of random classes in there and make it into a course, a clear cash grab), and the few good ones are not affordable for most people (since most people want to learn a language to get better job oportunities, like English and Spanish, most don't have a lot of money to pay for a course).
So even though the industry of language teaching online is saturated, it's full of crap cash grabs, and the few who aren't, are really expensive. So I tried using my experience as a language teacher and adapt it to an actual worthwhile online course/program, that actually teaches you the language, gives you support and is affordable. The result is a business that really stands out from the crowd and I think is worth persuing, but I still need to make a few tests to make sure.
Before even thinking about the teaching method, I had some ideias in mind. My course had to have an excellent customer support. Really fast whatsApp communication and the students are able to schedule one on one conversations with me if needed. I also wanted to have an unconditional money back guarantee. At any point in the training, if you feel you're not learning enough or it's not worth your money you can ask for a refund. I also provide you with tools to evaluate your knowledge in the language, meaning you will know if you are truly learning and can ask for a refund if you find you are not. This forces me to make the very best course/program that I can, making sure you actually learn from it, and makes it a no brainer/risk free purchase from anyone looking to learn the language.
Now it's time to actually make the course content. I'm building my course to have:
-step by step teaching. Don't overwhelm the student with too much information. Have a nice learning pace.
-practice focused. Everything that is taught is put into practice (writing, reading, speaking and listening)
-tools to evaluate your knowledge in the language. That way you know exactly what you need to review before going to the next module and you can record your progress.
-techniques that help you memorize vocabulary faster and never forget.
-the course has a fixed daily study routine. Making studying and practicing a habit.
-have real world situations explained (how to do job interviews in the language, asking for directions, going to the supermarket etc)
-reading recommendations and other activities you can do besides the course to learn the language.
-Have any doubts? Just contact your teacher through whatsApp, email or even schedule a one on one online call. I'll make sure you learn or I don't want your money.
-free trail. I'll give you the first few modules for free and you can decide if the method is a good fit for you.
-All for an affordable price.
To make sure I accomplish all of that I'm making a sample of the course and will send it to a few people to try. I'm think of putting an ad up and try to collect a few emails of interested people, that way I'll have a list ready for when the course launches. This course is gonna cost me an immense amount of time to build (literally thousands of hours of recorded content alone), so I decided to divide the content into smaller chuncks, launch them one by one and bundle them together once they're all ready.
I tried comparing this course model with the big players, some of them have those perks but none of them have them all together. If I actually pull it off I think I'll have a winner this time.
I'll test the sample, gather feedback and only then I'll start building the actual thing. The amount of work I have ahead of me makes my head spin, but it's definitly worth it.
These are the steps I need to take now:
-build the course sample
-test the sample by sending it to a few people and using ads like meta ads, tiktok ads, google ads etc and collect emails.
-give the business a name, buy a domain and hosting service
-create social media channels (youtube channel, tiktok, instagram) so I can build an audience even without a product first, and hear what they say about my content
-launch the course when ready. It's definitly gonna take a lot of time, but hopefully I'll have a following on social media by then, this will deminish my ad costs.
I hope I'm giving people enough value to have a good business this time? What do you guys think?
I'll be posting updates now and then and record my progress here. Hopefully that can be useful to someone. And if this doesn't work out, we can think of other business ideias together. Thanks for your time if you read it all until here
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
