If you love knowledge, you have an online program trapped in your head

May 11, 2024
Assalamualaikum!

This newsletter is for you if you are:

A Full-time employee, You’re feeling limited by your career/ job/ work and feel this drive inside to share your knowledge, skill, or passion with others because you know it can help others.

A new online entrepreneur or content creator, You feel like you’re constantly second-guessing yourself, and have been trying to make an income online by trying different methods or offering anything and everything just to get your foot in the door. You are feeling unsure, unfocused, and overwhelmed about what direction you’re headed in and wonder what type of services or products you can create for impact and income. 

After talking to so many professionals over the last few years, I’ve come to an understanding that so many are trapped in the wrong ‘career path’! 

If you love inspiring and educating people by sharing your knowledge, then you likely have an online program in your brain. 

I know this community has hard-working professionals sitting on a goldmine of life experiences that can be turned into a digital program.

If you’re planning to create a different kind of life, and secretly dream about transitioning from your job to becoming an online entrepreneur, then this is a MUST READ. 

And if you’re not planning on it, this could be an eye-opener for you.

More and more people every day are starting their side hustle because of the endless opportunities available online to anyone with wifi and a laptop. No business experience, or high-level certifications needed.

But not all online business models are a good fit for creating a flexible lifestyle and true impact in others. 

After working as a full-time online entrepreneur for the last 4 years and after having quit my career as a doctor with an online program business, let me share with you a well-kept secret by the online industry experts:

THE best method to access the powerful alchemy of impact + income + freedom is to convert your knowledge into an online digital program/ service.

If you’re a young, single employee, you have the BEST advantage. 

You have the time to spend on turning your idea into a digital program business on the side of your 9-5. 

Once your online program business can sustain you, you can free yourself from the 9-5 life sooner rather than later. 

This way, you’ll be able to work from home and have the freedom to travel and design your work schedule before you become a parent. All the things that will help you be more present and have the space to parent your kids well. That was my goal.

Rizq is COMPLETELY from Allah SWT, but what you strive and ask Allah SWT for, you can get it. 

It’s my goal to help Muslim professionals like you transition into online program business if it’s the path for you and I am incredibly passionate about it!

Here are a few key reasons why you need to turn your knowledge and expertise into an online program this year…

…what does it look like to transition from being a career professional to an online entrepreneur and why this can be the next step for you?

 

Freedom to Design a Work Schedule on Your Terms

 

There’s something incredibly empowering about being able to employ yourself and create your work schedule. 

Let’s discuss the differences in the work schedule of an online entrepreneur vs. that of an employee.

QUICK EXERCISE: Note what does your work schedule look like right now and what does your DREAM work schedule look like? Map it out on a piece of paper if you want.

 

The Best Way to Create a Deep and Wide Impact = Content, Community, Courses

 

Impact = To solve a problem for someone.

The deeper the problem you solve, the deeper the impact you create. 

The more people you help with solving a problem, the wider the impact you create. 

There are 3 main ways of creating an impact on the life of others:

  1. with money
  2. with service
  3. with knowledge

 

With an online digital program/service you can make an impact using ALL THREE, here’s how:

1. Service – with an online program or service, you have the opportunity to serve your clients/ students in the best way, with Ihsan. There are too many business owners that trick and cheat people, and have built their business as ‘business owner focused’ not ‘client/student-focused’.

Serving people by solving their problems with the highest level of ethics and Ihsan is an act of Ibadah.

2. Money – the money you earn will go into increasing the reach of your work to help impact more people and also allow you to create more free content for those who genuinely can’t afford your high-level paid services. There are too many businesses that don’t create free material for the masses and just create paid content (not cool!).

3. Knowledge – you will be able to share your knowledge with someone who desperately needs it at the right time and coach them through implementing it.

It’s mind-blowing when you think about it. 

The #1 reason that sold me on the idea of transitioning from my career, medicine, to online entrepreneurship was the ability it gave me to create impact with service + money + knowledge. 

Most career paths don’t offer you the opportunity to create impact in all three ways at the same time. 

 

Opportunity to Earn Income with Leverage rather than Time

 

I’ve learned the Rizq that you are meant to earn will find you. (I’ll share more on the perspective of money and Rizq in another newsletter)

And He provides for him from (sources) he never could imagine. And if any one puts his trust in Allah, sufficient is (Allah) for him. For Allah will surely accomplish his purpose: verily, for all things has Allah appointed a due proportion.” (Quran 65:3)

I believe ‘Income’ can be A factor but should not be the decisive factor in choosing your path of work.

But it’s good to know that the online program business model offers an opportunity to earn limitless income.

We all know what it’s like to lose out on life, family, and Deen in the pursuit of wealth.

So it’s important to choose a path that can give us our time back and the opportunity to do good work for the Ummah while earning Rizq.

Another thing to note is that in the online teaching/ coaching/ service business model, you are solving problems for people with your knowledge and expertise. 

You save your best clients/ students time, money, and stress and that’s why people are happy to pay you for your service or program. 

Plus it takes you the same amount of time and effort to make an educational program/ course/ service that enrolls 1 student vs. 100s of students, and that’s why the earning potential from a program is limitless.

You can earn a full-time income from just ONE program or service even with a small audience.

I can share the different sub-models of the online program business and the math behind each model to figure out the best path for you based on your life experience. If you’re interested, reply to this email and I’ll share a private training.

(I earned $4000 from my very first coaching clients after sending a handful of emails to just 24 people)

With proper guidance, even brand-new online coaches and consultants can make their first $10-$20K with just a handful of clients in their first year. 

And from there, it only goes upward!

Forbes reports the projection that the online knowledge industry will be a $350 billion-a-year industry by 2025. 

So what does that mean for us? 

It means that online digital programs and services are here to stay and grow more and more over the years. 

Professionals are quitting their soul-crushing careers right and left by replacing their income online. 

This is the Digital Era – which means, things are and continue to be online for the most part. 

Including education. 

That means more and more people are looking to hire coaches, consultants, and online teachers to solve their problems. 

And especially in the Muslim market!

The Muslim online space is not saturated yet,

  • there are so many gaps in the market waiting to be filled,
  • there is NO competition as there are only a handful of smart experienced coaches who stay in the long game (TOO many entrepreneurs start and quit in the first 5 years!), and
  • there’s a greater demand from Muslim clients than the supply of high-quality Muslim coaches!

 

If you want a 9-5 Exit Strategy with an online coaching program business, my program Empowered Muslim Entrepreneur would be the perfect fit for you. I’ll work with you personally to build your authority, grow your online community, and help you monetize with an online program as a skilled Muslim coach. Apply here to work with me.

 

Low initial costs, Low Operating, and Overhead expenses 

 

The only investments you need to turn your knowledge and expertise into an online program/ service are:

  • strong internet connection, 
  • a laptop, 
  • an open mind, 
  • an aptitude to learn and grow, 
  • time and more time,
  • relentless and resilient attitude,
  • hard work, honest effort,
  • money to invest in learning skills from courses and coaches,
  • and a few hundred dollars a month at the most to sign up for paid apps (this too only after you’ve started earning at least $2K per month from your program – until then you can use the free plan of those apps)

 

The best part? They are the easiest type of product to create and sell online. And easiest to change, edit, and modify too.

The profit margins are also incredibly high (around 70-90%) with online programs.

The other online business models like Shopify, Amazon FBA, buying and re-selling products, e-commerce, crypto, etc. require a hefty amount of initial investment with no guarantee of an ROI and other complications with lower profit margins.

Certain business models are simply passion projects. E.g. writing and publishing a book, creating Etsy products, selling journals, etc.

I call these passion projects because, for a new entrepreneur, these are the WRONG business models to start with.

Passion projects offer very poor profit margins and are incredibly difficult to monetize simply because of the math behind them for a new entrepreneur – something I wish I had learned earlier in my journey.

For example, if you’re in the first 2 years of your online journey, you likely have a small online audience/network, and little or no authority in the online space. This means you need a high-level coaching program/ service, so you just need to work with fewer clients in a 1-1 or group and focus on getting them great results.

Start your online business the right way to exit your 9-5 faster. THEN, choose which passion projects you want to pursue.

Don’t do it the other way around which leads to the path of an overwhelmed professional with a struggling side hustle, no authority, little income, tiny impact, and no freedom.

Once your business is generating income to provide for your lifestyle, you can explore your passion projects.

Bottom line – the online program model is quite a simple, clean, and straightforward business model.

 

Next Step

 

  • Start brainstorming your online program idea.
  • Create a 9-5 Exit Plan to get started.

 

It’s time to create and share the program trapped in your head so others can benefit from your knowledge and experience. And you can follow the path you’re meant to be on.

Thank you for reading the newsletter!

Remember our Muslim sisters and brothers of Gaza in your duas and efforts.

May Allah SWT be with you, Ameen.

Aimen

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