Stop me if you've heard this one: I want to develop a passive income stream. You've heard it; you might have thought of it—I definitely have.
But I've also been in the Internet marketing industry long enough to know that while evergreen, scalable monthly recurring revenue is possible and can over time be largely automated, passive is at best an exaggeration of the work involved in keeping that kind of machine turning—and at worst a damn dirty lie to sell you a quick fix.
When people think of passive income or, more realistically, scalable evergreen product-based income, courses are usually at the top of the list. Creating a course is treated like getting your very own golden goose that's going to lay profit eggs for you every single month.
The thing is, it can work and be an amazing way to scale your business, serve more people, and make a bigger impact in the world. But it is not a fit for every business, and it is not a fit for every stage of every business.
My guest today understands that and has built the criteria for success with courses into every level of her own company. And she has some very interesting thoughts on how podcasts and scalable products like courses and group training programs can work together.
Kachina Gosselin is the founder of Founders Path. She graduated from MIT with a degree in aeronautics and astronautics and now specializes in helping experts monetize their expertise and thrive in the creator economy.
If you want to leverage your expertise and generate more impact, listen to the episode or read the blog post: podcastingforbusiness.com/the-company-show/
Tune in to the full episode to learn about:
Don’t forget to join us for our free monthly strategy calls on the third Thursday of every month!
This episode was originally a live Strategy and Networking call which we hold on the third Thursday of every month.
There was actually another 30 minutes of amazing discussion and Q and A with Kachina about how these ideas can be applied in different contexts and creating community - if you want to hear it, register for the calls, and you’ll have access to the recording.
Each one has a training and learning portion, followed by Q and A, hotseats for whatever you’re working on with your podcast, and a chance to network with other podcasters, industry professionals - they’re so much fun, and I’d love to see you there.
Learn more and register for free at PodcastingforBusiness.com/StrategyCalls.
As always, this is Megan Dougherty, and The Company Show was made possible by the team at One Stone Creative.
If you know a business owner that you think should have a podcast, do us a favor and send them to podcastingforbusiness.com!
"I don't want to be intimidating at all, but I think we do just have to acknowledge those harsh realities, that a course is a really advanced product to sell." - Kachina Gosselin
"The standard for what is expected for an audiovisual product. It's getting higher every year—here are fewer and fewer excuses." - Megan Dougherty
"Simple is not easy." - Kachina Gosselin
One Stone Creative | LinkedIn | Twitter | Facebook | Instagram
Make sure to check out our free Monthly Strategy Calls!
Podcasting for Business Conference 2023 Recordings
Learn about what other business podcasters are doing:
Kachina Gosselin Website | Instagram | LinkedIn
Sophie Lechner Website | LinkedIn
Case Study: Podcasting as a Long-Term Marketing Strategy with Susan Friedmann
Maximizing the Value of Your Podcast Archive with Racheal Cook
Pitching and Podcasting for Authors with Angie Trueblood
A Tale of Three Podcasts with Megan Dougherty
Joy, Email and Your Podcast with Shannon Hernandez
Using LinkedIn to Supercharge your Relationship Building with Sophie Lechner
13 Questions to Ask a Podcast Production Company Before You Hire Them
Protecting Your Podcast: Intellectual Property and Fair Use with Erin Ogden
Positioning Your Podcast for Business Growth with Beate Chelette
Does Your Podcast Format Match Your Podcast Goals?
Case Study: Growing a Media Business Through Podcasting with Rayna Rokicki
Practice Makes Prepared with Meridith Grundei
How to Measure the Impact of Your Podcast
Mastering Facebook Ads for Podcast & Business Growth with Stacy Reed
Should You Book A Podcasting Studio? with JP Davidson
Achieving Business Goals with Podcast Managers | Ted Cragg
What to Expect at PFBCon 2023 with Tom Fox
Podcasting for Business Refresher
The Ultimate Guest Pitching System with Kris Ward
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
The Marketing Secrets Show
Right About Now with Ryan Alford
The Agile Brand™ with Greg Kihlstrom
B2B Agility™ with Greg Kihlström
The Goal Digger Podcast