This might shock you, but the e-learning industry will kill millions of businesses.
Before you buy an online course, you should consider your options.
Ill lay it out for you and you might decide for yourself.
Imnot against e-learning or online courses.
In fact, my company offers courses and we have several trusted partners who offer courses.
But digital education is not always the answer.
He asks, What important truth do very few people agree with you on?
Thiel asks this question because those who view the world differently often see the biggest business opportunitiesbeforeeveryone else.
I call it Getting in Early.
[Read:Heres how to make your virtual meetings more efficient]
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In a nutshell, correctly identifying trends separates the winners from the losers.
Dont let that be you.
Im sure youve seen or heard this line at least once: COVID-19 has changed the world forever.
Its a true statement.
Many brick and mortar businesses will fold.
Digital content and online services will explode.
Immersive gaming, interactive media, and virtual reality will go mainstream.
Working from home will be the new normal.
And yes, the learning economy will flourish.
As with any transition, there are pitfalls.
E-learning pitfalls
The problem with e-learning is that we arent living in the Matrix.
We cant plug ourselves into a training program and become experts in the blink of an eye.
There is still no silver bullet to replace the power ofexperience.
Ive started multiple businesses that have collectively generated tens of millions of dollars in revenue.
Ive also started countless businesses that never got off the ground.
A few weeks later, you realize youre drowning in courses and not getting the results you need.
So what are you supposed to do?
Thankfully, every tragic event in history has a silver lining if you look hard enough.
And COVID-19 is opening up a whole new playbook for how entrepreneurs can be successful.
Tens of millions of people are out of jobs, and most companies arent hiring.
I know what youre thinking.
Ive used Upwork and Fiverr, but its hard to find talented workers who can do what I need.
Ive experienced this before as well, but times are changing.
Among the millions of people entering the gig economy are highly skilled experts who were laid off.
Companies will hire these experts for one-off projects or as contractors.
The economy will revolve around theselfvs.
How many times have you bought a course and never done anything with it?
Buying and selling courses the right way
Not all courses are bad.
If youre thinking aboutofferinga course, do it the right way.
Companies likeMirasee, founded by Danny Iny, teach proven strategies for creating courses that actually work.
You cant be an expert at everything.
Pick one to three areas where you want to excel and buy courses for those things.
For everything else, consider hiring an experienced veteran for one-off projects as needed.
Now is the time.
The pandemic just accelerated it.
Story byJesse Tevelow
Jesse is an entrepreneur, writer, and tech investor.
