Have you heard that Udemy.com is going to establish a minimum wage?
The way it works, is that from hence forth (well, starting in April) all prices on Udemy shall be regulated.
All Udemy classes must be priced within $20 – $50.
The Udemy gurus and amateurs are freaking out over this news. It’s the biggest news to hit Udemy in years from what I gather.
Being as I’ve mainly been publishing on Udemy for the last 5 or 6 months, how does this make me feel?
Well, I actually love it.
Does that mean that I’m some kind of socialist? Am I subconsciously endorsing Bernie Sanders by supporting Udemy’s new pricing structure?
In actuality, no.
The reality, is that when other instructors are charging $300 for a course, guys like me have no choice but to raise prices.
So, I feel like instructors have been competing on price, instead of competing on merit, passion, and love for teaching.
At least this way, the big bad gurus are forced to compete with their teaching ability. They won’t be able to price you out of the market.
So if you love to teach, this is great news.
If you’re a flashy guru who likes to overcharge everyone, hell, you’ll be running for the hills. And probably leaving Udemy.
And for that reason, I honestly believe, that the timing has never been better to be a Udemy instructor.
The way it works is simple. You can create a course, help people, and get paid for it.
Will you make less money? Well, I’m not sure.
But I can tell you this. If you don’t publish anything, you’ll never make a dime anyway.
Besides… At the end of the day, it doesn’t matter how much money you make.
If you don’t enjoy what you’re doing, it doesn’t mean a thing.
You’ll discover how to start making your first Udemy course, so you can share your own unique thoughts and experiences with the world.
Even if you thought you could never compete with the big bad wolf gurus of yesterday.
Those big bad Udemy wolves?
Well, they’re toast.
Food for thought. And talk later.
Mike “Ever A Teacher” DeVincent