New Media
New Media is a podcast for founders and creators building independent media businesses. We explore how to grow and monetize audiences without depending on algorithms, advertising, and platforms you don't control. Each episode shares practical insights on building profitable media and education businesses.
A GrowLetter podcast, hosted by Matt McGarry and Kolby Hatch.
New Media
The Fastest Way to Turn Your Expertise Into a $1M/Year Business
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Traditional online courses are dead. People don’t need more information. They need execution. In this video, I break down why live cohort-based programs are the fastest way to turn your expertise into a $100K+ offer and eventually a $1M/year business. You’ll learn how to craft your cohort in 8 simple steps, even if you have no audience, testimonials, or teaching experience.
Get the full guide and next steps here.
Timestamps:
01:35 Introduction
3:00 Why courses are dead
5:25 The execution problem
5:48 Why cohorts win
7:22 Step 1: Pick the outcome
10:45 Step 2: Structure it
14:22 Step 3: Homework plan
15:06 Step 4: Build the system
16:11 Step 5: Gamify + track
19:40 Step 6: Track results
20:43 Step 7: Scarcity
21:22 Step 8: Social proof
26:58 Step 9: Cohort outline
30:15 Step 10: Build anticipation
31:17 Step 11: Always sell, then build
31:55 Step 12: Marketing schedule
Want to learn what's working in media right now? New Media Summit brings together 500+ founders in Austin Feb 26-27 with Codie Sanchez, Ryan Deiss, Matt Paulson, and more. Get tickets here!