Business idea · Education

Voice Memo Editing Course for Writers

Voice Memo Editing Course for Writers: Offer an online course that teaches writers how to effectively use voice memos to brainstorm, draft, and edit their writing. It was pitched on My First Million in the episode "How To Master Storytelling" (aired May 27, 2024). How it makes money: One-time purchase for course access or subscription model for ongoing content.

At a glance

Voice Memo Editing Course for Writers at a glance
PodcastMy First Million
Hosted bySam Parr and Shaan Puri
EpisodeHow To Master Storytelling
AiredMay 27, 2024
CategoryEducation

The problem it solves

Many writers struggle with the initial drafting process, feeling blocked when writing directly on a page. Existing writing resources do not emphasize the use of voice memos, which can facilitate a more natural and fluid writing process.

How it makes money

One-time purchase for course access or subscription model for ongoing content.

Skills you need

Experience in teaching writing, familiarity with audio editing tools, and knowledge of the writing process.

The market, and why this works now

Advances in mobile technology have made voice memo applications, like Apple’s Voice Memos, widely accessible and user-friendly, allowing writers to capture thoughts quickly without the pressure of traditional writing. A good first-revenue move could involve promoting the course through writing-focused subreddits, such as r/writing or r/writers, where members often seek new tools and methods for overcoming writer's block. A key risk is the potential for high customer acquisition costs, especially if competition emerges in the online course space, requiring effective marketing strategies to ensure profitability.

Our analysis, written after the episode. Not a quote from the show.

Where this idea came from

Podcast: My First Million, hosted by Sam Parr and Shaan Puri

Episode: How To Master Storytelling

Aired:

Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.

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What to do next

  1. Listen to the episode. "How To Master Storytelling" on My First Million
  2. Find an idea that fits your budget, hours and skills
  3. Compare it with a similar idea: Library Writing Workshops

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