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The Foundr Podcast with Nathan Chan

310: How To Convert Your Passion Into A Profitable Online Course, With Teachable’s Ankur Nagpal

The Foundr Podcast with Nathan Chan

Nathan Chan

Marketing, Business, Entrepreneurship

4.8662 Ratings

🗓️ 16 June 2020

⏱️ 51 minutes

🧾️ Download transcript

Summary

What does it take to create, market, and sell a profitable online course? This question is likely on the minds of many people⁠, especially now that the pandemic is pushing people to turn to online courses as a way to level up their skill sets. Ankur Nagpal has a wealth of knowledge when it comes to this topic, from running his startup Teachable for the past six years to growing his online course platform to host 50,000 creators and reaching over 30 million people since its launch. Nagpal shares insights on everything from how to create a full-time income from an online course to best practices to follow as a beginner course creator. He also predicts what the future of the online course industry looks like. If there’s any other type of content you’d like to see that would be valuable to you during this time, please don’t hesitate to reach out at [email protected]. Key Takeaways How Nagpal got started with Teachable, the startup that converts passions into online courses The three factors that are contributing to the growth of the online course market How the pandemic has impacted Teachable What it takes to create a full-time income from an online course business The importance of an NPS, and how it distinguishes the top 1% of courses Nagpal’s best practices for online course creation, especially for first-timers Strategies to drive more sales How to overcome limiting self beliefs Nagpal’s best advice when it comes to niches, tools, and list building A look into the future of the online course industry What Teachable’s recent acquisition means for the future of the business

Transcript

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0:00.0

This is episode number 310 with Uncle Nagpal of the Founder Podcast.

0:07.6

What you need is thirst.

0:09.5

You need to be a thirsty human who is intent on learning.

0:13.5

It's a really fascinating exploration of human potential.

0:17.1

Now.

0:19.8

The Founder Podcast.

0:22.4

Even the greatest entrepreneurs had help.

0:25.3

If you want to learn from the most successful founders on the planet, you are in the

0:29.6

right place.

0:31.0

Branson, Mark Cuban, Tony Robbins, Tim Ferriss, Ariana Huffington, Steve Case, Gary V,

0:35.4

Sophia Amoroso, Barbara Corcoran, Damon John.

0:38.0

Learn from the greatest minds in business today with interviews hosted by Nathan Chan.

0:42.6

This is not your average entrepreneur podcast.

0:46.4

The Founder Podcast.

0:53.6

What's going on, Founder Fam?

0:55.8

Hope you are doing okay and well during this crazy time.

1:01.4

My name's Nathan Chan, Cian, I'm publisher of Founder magazine, and also the host of this show.

1:08.9

So if you are new, we interview some of the greatest entrepreneurs of our generation and really

1:14.6

break down and distill their experiences, lessons learn on what it takes to build and grow a

1:21.4

successful business.

1:22.5

So let's talk about today's guest, Uncle Nagpal, founder and CEO of Teachable.

1:31.1

Now, if you do want to create an online course, you have probably heard of this software

...

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