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I saw you comment on the guy with be ball sac in his U̶d̶e̶m̶y̶ Personal website video’s. I thought, “why not regurgitate my associates degree and throw it up on Udemy?” I already do youtube videos and have invested thousands of dollars in my production equipment. Is it really as easy as record 15 weeks of content?
As I said, I already have the infrastructure to do it. I also have the time needed to record the videos. I don’t have money to send on it but It wouldn’t cost me any more than free time which I already have.
What is the catch to making money this way?
But isn’t it like: It’s done when it’s done?
So if you are ready with your course and upload it to Udemy, doesn’t it stay there forever?
For example: Eli showed Udemy in one of his last livestreams and told the viewers, that he still gets money from the “Eli the Computer Guy Collection” without doing anything.
So yes, it may be much work. But once it’s done you will always get some money into your pocket without ever touching your course again?! And then one day you will maybe get to the point where you say: “Now I can say it was worth it”. Maybe this will take some time but again: It’s done when it’s done and it will stay there.
I don’t know about Udemy deleting outdating courses for example. But I think customers will simply not buy outdated courses.
So I would just go for it if I already have the equipment I need and won’t buy extra stuff only to do the Udemy courses.
I started working on a Udemy course for a while, but I stopped producing videos when it became clear that it wasn’t worth the time to continue. I had originally been intending to charge $100 for 20 hours of video in a very narrow technical field.
Here are a few thing that I didn’t realize about it:
- It takes a lot more time to prepare all of the videos than you might think, and you need to have comparatively good production quality for people to buy your course, especially if you are in a competitive field.
- The time cost for videos with high production value is huge. I taught a university course for a bit, and developing that course took about 5 hours per hour of lecture. Udemy was taking me ~10 hours per hour of content.
- Most people will only pay a sale price for your course, not the list price. You need to factor this in to the question of whether it is worth your time.
- They recently changed the pricing structure so you can only charge up to $50 for your course (the limit used to be $300), meaning that you have to do something with very broad appeal to really make money.
If you have the equipment and tons of free time, go for it, but the cost/benefit analysis you are doing right now may be wrong. The opportunity cost was too high for me, and the market was too small.
Is your question why wouldn’t you make a Udemy course and publish it ? Do you think you have a course worth selling and that people would be interested in purchasing ? If so, I say go for it. You mention that you already have the equipment (lighting, sound, video, etc) and all it would take is your time which you already have. At worst, you make no money, but you still have a course up on a major platform and you can put that on your resume.