137: What I Spend Each Month In My Online Course Business

When you’re starting an online course business, you probably have a lot of questions about what it will take to keep that course running smoothly every month. My business has evolved a lot over time, and that means my expenses have evolved too. And that’s what we’re here to talk about today! "You have to be your own CFO" - David Krohse No matter what stage your business is in, you probably have expenses! In this episode we’re taking a look at all the essential tools and services I pay for - and why I think they’re worth it. In This Episode, We Talked About: (0:47) Dave’s story about being in an online course mindset and cost/benefit analysis (3:52) My latest launch (5:25) Learning from imperfect leaders and thinking about success (8:39) A life update made possible by my online course business (10:04) Setting the stage for discussion of my monthly expenses (14:10) My credit card rewards recommendation (14:46) Spending on tools, ads, and cloud storage (21:46) What I’m doing for Instagram content so far (24:08) Physical pack components and how I handle shipping (28:04) More expenses and outsourcing costs (29:28) Why I love StreamYard (32:31) Staying organized, handling ads, and customizing communications (34:51) Thoughts on Wistia, Canva, and Zoom (37:07) Payments I handle outside of my credit account (37:25) How much did I spend on advertising, course supplies, and processing fees in April? (39:13) Contractors’ fees and handling business while away (39:56) My experience with Evolved Finance so far (41:27) My business wishlist and what I’m enjoying being able to afford for my business (43:22) Pitfalls new business owners should be aware of (46:34) Three key tools and why I didn’t include them in my monthly expenses (47:37) Wrapping up Thank you for listening in – I hope you enjoyed what you learned! We’ll be back with another episode soon of The Online Course Show soon. Links Deadline Funnel Free Trial ClickFunnels Free Trial Active Campaign Free Trial Bonjoro Free Trial Episode 28 Next Level Courses Evolved Finance Chase Business Backupify Auphonic GSuite Stunning WP Engine TrustPilot Later Custom Ink Lightning Press Moo Flashbay Sticker Mule Typeform Upwork StreamYard Ulku Logistics Calendly Conversion Owl PicSnippets Free Trial Wistia Vimeo Canva Zoom Zapier Sony A63400 camera Piano In 21 Days Instagram Jacques' Course - Piano in 21 Days David’s Course - Wellness Program Expert