Tina Tower - Million Dollar Micro Business

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Discover how to launch a profitable online course from scratch  In 
, entrepreneur and author Tina Tower delivers a new and smarter way to do business that avoids huge overheads and large capital investments. Fueled by recent innovations in technology and shifts in consumer behavior, the accomplished author shows you a new way to have a big impact with few resources. 
You’ll learn how to create a digital course based on expertise you’ve gained through your life, business, academic work, and career. The book is a practical and tangible guide to getting started and offers a proven framework and case studies of people who have scaled courses into seven-figure ventures. 
This important book teaches you: 
How to turn your passion and expertise into profit, using what you know to create a global, online course Why bigger is not always better, and how less overhead and investment is often a good thing for a scalable business An alternative to the 9-5 hustle and grind of a traditional workplace Real-life case studies from people who have been on this journey before Perfect for entrepreneurs, seasoned professionals, educated experts, and anyone else interested in sharing their knowledge with the world around them, 
 is an indispensable guide to creating a lucrative online course from scratch.

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I launched my first online program at the beginning of 2018, which isn't that long ago, but even then not everyone was open to learning online. Since then I have witnessed the shift from up close, especially the acceleration through 2020 when the COVID-19 pandemic locked down the world. That brought about not only a broader acceptance of online learning, but also a massive increase in people packaging their skills and expertise into online programs, and customers searching for new things to learn.

There is certainly still a place for traditional educational institutions, but more often now we want to learn something specific to further our life goals, rather than to obtain that precious, overpriced piece of paper at the end of a traditional educational course.

Whether you want to learn how to grow a backyard organic vegetable garden or how to write code for computer programs, you can find a specific course online that will deliver exactly what you need. As consumers, we want quick, easy and economical solutions so we can get on with it. We don't want to sit through an hour-long lecture to glean five minutes of gold; we no longer have the patience to sit through irrelevant content. We are in an age of short attention spans and a world that screams for our attention at every turn. Education has changed to cater for this consumer demand.

Launching an online course business can be a daunting challenge. I wrote this book both as a practical guide to the whole demanding, exhilarating journey and to try to allay the sense of overwhelm that may be holding you back from going for it. You may choose to work through each chapter, implementing each step as you go, but I recommend you do a full power read first, then, with a clearer understanding of the whole process, come back to put into action each step sequentially as you build up your momentum for the big launch.

At the end of each chapter, and throughout chapter 6, the action steps make it nice and easy to check what tasks you need to have completed before progressing to the next stage. Follow these tangible steps and I guarantee you'll get results. But I don't want this to be just another ‘how to’ book, so I've folded in some of my own story and experience. To supercharge the inspiration, I've included interviews I conducted on Zoom at the end of 2020 with some outstandingly successful course creators. These role models have been mentors to me as I've progressed on my own online course journey. As you read their stories, you'll soon notice that, rather than following a single, standardised program, each of these remarkable course creators has a different way of doing things. One of the great things about designing your own business is that you get to do it your way , the way that best works for you.

I'm a systems girl and love to use good frameworks to make life easier. You, dear reader, can freely access all the beautiful digital resources to support each part of the book at milliondollarmicrobusiness.com. Lastly, a word on terms: You'll find that course participants are variously described as students , clients , customers , even members . I use these terms more or less interchangeably. Given that most people I work with are super-qualified professionals, referring to them (accurately enough) as students often sounds wrong. Once they have signed up for a course, I generally think of them as clients.

I recommend you read this book from cover to cover for an overview then use it as a practical handbook, so that by the last page you're well on your way to your first million dollars in online course sales.

I believe everyone has a skill they can package into an online course. You have skills and expertise that other people will want to access for themselves. In sharing your knowledge and skills, teaching others in short, easily digestible lessons, you will embrace the new way of doing business as an online digital course creator and educator. Now let's dive in and I'll show you how.

Part I How it begins

01 Start small

Often it's not coming up with an idea for your first digital course product that's the challenge; it's choosing just one. People I work with constantly tell me about all the different, sometimes overlapping courses they're going to create. I've shared my first steps already, so you know I started three completely different businesses while trying to discover what I really wanted to do. But I gained traction only when I finally picked just one, starting small and allowing it to grow and evolve.

You've picked up this book, which means you're already interested in online courses and have probably been looking around at them. Maybe you've listened to some podcasts and heard some success stories too. My goal with this book is to persuade you that it's possible to create a million dollar business based on your existing expertise and to show you how to put it all together, ready to launch it out into the world. But I don't want to give you a bum steer. I don't want you to think that when you go live with your gorgeous new website the dollars will come rolling in so thick and fast you won't be able to count them.

Overnight success is possible, but my gosh it's rare. What a digital business does is it allows you to scale and leverage, and it absolutely accelerates your success, enabling you to reach your goals way faster than anything you'll see in a traditional business.

I was talking to someone who runs a course teaching people how to do gorgeous hand lettering. She put everything together in under a month, launched it out into the world … and got 23 people to buy her product. She was devastated. She'd wanted 100 people for her first course launch. Where that particular goal came from I don't know, but let me tell you, 23 clients for a brand-new online business is something to happy dance about. Once you've started, you can take that experience and build on it.

A digital business gains traction and compounds fast. When you first launch, people who don't buy will at least know about you. Thanks to social media, word spreads rapidly, so, from your first year's performance, if you maintain consistency and keep showing up and adding value for your audience, you'll continue to grow month on month.

If you're looking at how to begin, my advice is to start with what you know. Ask friends and family, ‘What do you think I'm best at?’ If you're going with what you already know, your credibility in that area is probably already established.

So start small. Your business, like the chapters that follow, won't stay small for long!

02 Personal branding

What follows may trigger some resistance, because if you’ve never put yourself out into the world before in a big way, man oh man it can be scary! Building a digital business through content marketing and a personal brand is the most effective way to accelerate your growth and reach your goals faster.

‘Online’ can prompt the misconception that the transaction isn't as personal as shopping in a traditional bricks-and-mortar business. Actually it's more personal. In order to buy from you, your prospective client needs to:

know you

like you

trust you.

You will be able to achieve this so much faster if you step forward and own your expertise rather than hiding behind a brand name. If you never want to show your face and be the one talking about your business, then I suggest creating an online course may not be for you. You may create the most valuable product that the world absolutely needs, but if no one ever sees it, you've totally wasted your time. The way for your products to be seen is for you to be seen. It's time to step into the light.

We all feel like we're not good enough in some way. Everyone is unique, but having hang-ups is far from unique. So rather than let it stop you, embrace what makes you uniquely you. This shift in perception can sometimes take time. I know that when I first became a franchisor I had an idea in my head of what a professional woman looked like and decided that was the image I should project. So I marched into Portmans womenswear store and bought a suit and some terribly uncomfortable high heels and practised being more ‘professional’. Thankfully, gone are the days when we needed to ‘look the part’. That was the old way of doing business. You're now more likely to find the wannabes in designer clothes and the successful ones in jeans and a t-shirt.

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