James, thanks for responding to the comment…

Well, it’s okay…, I’m really glad to talk about this to you. Well, my first eBook writing is really mess, and it was a bit delay..

Uh…I found a lot of bloggers make money with Udeny, and I want to start it as well. However, I’m a none native English speak. I think that it is harder than writing…

Anyway, advice…?

Hey Mark! Good to see you again and sorry I missed your comment, everything’s a bit crazy right now haha.

The cost of attending a college or university today is just plain ridiculous. Like you said, it’s not like that money is going back into making the school better – much of it is going to higher administration costs and salaries. It’s just ridiculous.

Sure, there are degrees that provide a good return on investment despite the higher costs but they are getting fewer and fewer. Eventually people are going to realize that it’s just no longer worth it, if this trend continues. That’s a good thing for e-Learning though, and instructors who are active on these platforms.

By the way, did I ever get you that free coupon for my 1st course? If you emailed me I may not have gotten it – I think my email client has been having some problems. Let me know!

Talk soon!

Hi Kimsea! Sorry I missed your comment, I thought I had already responded to it but I guess it never went through.

I’m very glad to hear that you’re writing your own book! That’s awesome! Sounds like you’ve made a lot of progress too – 5000 words is a great start. The first book is always the hardest, once you’ve written one the second one is a lot easier.

I’ve slowed down my book writing a bit now to focus more on course publishing. I think e-Learning platforms have a lot of room to grow and there aren’t many instructors there yet, so I’m jumping in now. It’s not quite as passive as Kindle publishing, but Udemy is a nice revenue stream that is worth pursuing in my eyes.

Let me know how your book goes!

You mentioned the way they had you study for a course that cost $1,250 dollars.
That seems like the one that should priced somewhere between $67-$97 dollars for the semester!LOL!

Although, since you brought up such an extremely valid and highly relevant point, with regards to the overall pricing of courses.

Especially at the four year major university level. I’d really love to see some really in depth analysis, breaking down and itemizing some of those costs!

Like “what” percentage actually goes to the tenured Professors and their really cushy pensions and base salaries and other perks etc!LOL!

Because without a doubt, it’s those bloated salaries and other administrative costs and perks, that are constantly driving the cost of college education up and up!

A break down itemize look at how and what percentage of each dollar actually goes to, would be extremely revealing, to say the least!LOL!

I definitely agree with you, that this trend of e-learning will only continue upwards! Great post and thanks for sharing it!

Thanks for sharing about coming up idea, actually I really planned about e-course training. I heard about Udemy, and I have affiliate account over there. But I’m not ready to make money yet.

Hi Sherman!

Yeah, I completely agree that the main factor behind the education is the piece of paper that says you did it all. The real change is going to come with the employers. Like I said, they want to hire the person that will do the job right and make them the most money. A degree doesn’t hold the same weight they used to, and I think more and more people are starting to realize this.

The sad thing is that even with that degree, the money made from the job often is not enough to merit the cost of obtaining it. This is becoming more true every day. Of course there are exceptions but the sheer abundancy of degrees are lowering their value.

e-Learning is definitely on the rise, at this point we can only speculate how much further it will continue to grow. One thing’s for certain – if there are people spending money, I want in on it. So far, the sales I’ve made on the platform have not let me down!

Good to see you again Sherman and I’ll be over on your site here pretty soon!

Hi Donna!

Udemy is awesome. My experience with them so far has been awesome. I managed to bring 15 new students in the first day with no marketing whatsoever. While I’d much rather those people be paying customers on my own site where I make more per sale, that is still 15 sales I would have never made if I did not put my course on their platform.

I think heading forward specialized education is going to be more important to employers. What I’m hoping is that doesn’t mean people have to pay to get their master’s degree over a bachelor’s. I’m hoping specialized courses will be sufficient enough to teach employees everything they need to know.

I’m reading a book at the moment called “Think And Grow Rich” by Napoleon Hill. A timeless book that I’m sure you’ve heard of. Well, one of the lessons it teaches is that specialized knowledge is more important than general knowledge, which is what a lot of college/university courses teach. He asks why people waste time filling their heads with unpractical general knowledge when they could spend that time and/or money specializing in something. If you are able to access general knowledge when you need it, than don’t waste your time learning it.

It really makes a lot of sense. As an entrepreneur, I want to learn how to make money. Therefore, I spend my time educating myself about making money, selling, and business. If I want to learn the history of the United States, I’ll look it up on Google or something if I actually ever need to do that. Why clutter my head with knowledge that doesn’t help me achieve my goals right?

I love these online education platforms because I can pay to learn specialized knowledge that I’ll be able to actually apply, rather than pay 10x more for a college course where I may only apply a fraction of what I “learn.”

If you have any questions about Udemy or there’s anything I can help you with let me know!

I’ve heard of Udemy but I never dove into it. But I do have to say that you’re right. Why would anyone want to pay for a $1200 course for a semester at a unversity where they can take the same course which is has more quality for under $100?

It seems more logical to do this, but I think a lot of people are still focused on getting a title from a prestigious 4 year university. Right now it’s all about image. But from my experience a degree is great for getting a job interview, but not necessarily the job itself. It’s more about who you know and how you can be an asset to the company.

As far as elearning, I do believe it holds a great future. You even added the stat that it grew 213% within a year. That really tells you something!

Thanks for sharing James! Have a great rest of the week!

You are brilliant! I was not familiar with Udemy but I will sure look into it. Marketing online is something that people have a need for. But…marketing the right way! I took a look at your course and it is fantastic. Everything one needs to know to get up and going.

I do believe in this economic climate we are in, things will be going from bad to worse. It makes sense to get an online course, put it into action and start making money. Sure beats the heck out of spending so much money for a college education, unless one wants to learn specific things like engineering, becoming a doctor etc.

But for the average Joe, going to college to learn Entrepreneurship? What a joke! I had to laugh when I seen that one lol.

So now you have me thinking, as I do sell courses. Hmmm….I will look into Udemy a little more closely. Hey after all David has an M.ed. He did teach some college courses in the past, but couldn’t take the BS. Once an entrepreneur, always an entrepreneur 🙂

-Donna