How Course Creators & Consultants Can Monetize In The 4th Industrial Revolution
You’ve most likely heard about industrial revolutions but how can you as an online course creator or consultant benefit from this industry?
Before I share the benefits let’s go back in time and take a look at the last 3 industrial revolutions. The question that I want you to ask yourself is when you heard about what was happening in the past did you have ideas that you failed to act on or heard the stories your great, great grandparents who could of struck gold but failed to do so because they were stuck in the mindset of this is how things always has been.
Or who am I to think I could do something like that?
I remember when the tech industrial boom came about and the buzz around it. I had just suffered a major loss from 2008 and had lost everything after the stock market crash. You see as a Licensed Financial Advisor for Wall Street, I was right in the middle of the investment and mortgage boom and seeing my business of 13 years collapse in what seemed overnight left me a little skittish of taking that next risk.
I was advised to invest in Facebook (lol who would ever use computers) after all know one around me was doing it. I was told to invest in bank stocks when they fell from high $60 to $70 down to $2 or less. Now that I did take advantage of because for one year out of the last 25 years, I spent at the bank as a financial advisor.
So my biggest lesson over the last 24 years as an entrepreneur is to always be opening to listening, learning and then evaluating the evidence before you say NO to an idea.
The first industrial revolution was water and steam power which made it possible to scale the manufacturing industry. Then electrical, rail, telegraph and telephone became the 2nd industrial revolution which popularized the global economy. Then the 3rd revolution was the digital world (facebook, instagram, snapchat,) all changed how we communicate, exchange, collect, use and distribute knowledge. As we approach a new decade I want you to look back over the last 10 years and see how much has truly changed in life.
Are you going to be at the forefront of that change or will you be reliving that missed shot that so many people talk about from sports or business for the rest of their life?
So what is the 4th Industrial Revolution about and how can you as a consultant or a course creator capitalize on this wave?
So let me first share what Forbes and other top publications are saying:
AI (Artificial Intelligence) the software boom. It is said to be controlling how we travel, manufacture and care for the young and elderly.
Autonomous Vehicles (AV) is about road safety, decreasing pollution, reshaping travel and transforming cities. This along will impact employment for millions according to a Forbes article.
Blockchain will change the way we transact business with cryptocurrencies and bitcoin being used in just about every sector.
The Global Volume Of Data is predicted to double in the next 4 years which will create a massive opportunity for growth for the energy and education sector. Largely lead by the ML (programing) and AI (artificial intelligence) boom.
Global Finance and Trade provides the opportunity to invest from anywhere around the world. Were talking trillions of dollars that is moving across the globe and growing daily.
Unnamed Aircraft Systems (“Drones”) this system is impacting agriculture, taking away the risk of dangerous occupations and is revolutionizing the way goods and people are transported.
Climate Change with a focus on biodiversity and ocean health which are in urgent challenges so new technology which means education, management tools, small satellites, robotic platforms, novel sensors AI and genetic sequencing will be in high demand.
Internet Of Things (IoT) these devices are projected to exceed 20 billion in 2020. With the advancement of technology and the decline of cost of computing, storage and connectivity there will be a need to grow in other areas. There is a big opportunity for people working with electric grids, public infrastructure, vehicles, homes and the workplace to make them more functional and create new technology.
Precision Medicine will be a focus with genetic testing and biological data allowing this industry to give a more holistica and personalized approach to crenning, diagnosing, treating and curing diseases.
The question you should be asking yourself right now is how and what can I capitalize on as a course creator or consultant.
The one thing that will be needed universal across all these sectors is continued education.
So how does that apply to you?
In the world of online education many corporations are opting out of requiring the traditional degree to get started or that corporate trainer who is on their payroll which means lower taxes and expenses for them.
This is your chance to use or learn a new skill and teach it to others. If you know more than the next person, have experience some success in your past career or simply are willing to adapt to the current trends you can create an Online Course or Consultant Business.
You have two choices on getting that done….
You can learn the Online Business System for yourself or you can hire someone to do it for you and either way the knowledge that you will be teaching is not something new you need to learn it’s something that you have already acquired through your past jobs or entrepenurialship journey. Now it’s just a matter of packaging it into a program that you can sell and scale.
Social media has become a very popular platform for sharing, selling and scaling across the globe. This is the season to “Unleash Your Expertise”.
If you are ready to help others by shorting their learning curve go to EcourseU.com “Expert Course University” and register for our next masterclass to learn how you can be at the forefront and start an Online Course Or Consultant Business.
Cathy McReynolds
Your Online Course & Business Consultant.
