Thinkific

What: Thinkific helps you set up your own website aimed at teaching and selling online courses, allowing you to set the price and terms

Expected pay: varies

Husl$core: $$$$$

Commissions & fees: 10% of your course price or a monthly fee

Where: Nationwide

Requirements: Have a course to teach and the legal right to teach it

Review:

Like better-known Udemy, Thinkific allows individuals to design and publish an online course. It can be anything from “How to Master Excel,” to “How to Improve Your Abs.” However, Thinkific doesn’t dictate how much you charge for your course, nor does it limit your ability to communicate directly with your clients.

“You have total control over your clients, your marketing, your brand, your price,” said Patrick McGill, Thinkific’s business development manager. In fact, Thinkific often runs silently in the background of well-known teaching sites, such as HootSuite, McGill says.

The fact that the course was prepared with Thinkific software would only be disclosed if you happened to choose the company’s free plan. In that case, Thinkific places its logo on your site (much like Mail Chimp does with its free email service).

Also unlike Udemy, the only courses you’ll see on Thinkific’s site are those offered by people who have provided the site with testimonials and case studies. SideHusl chatted with one such client — John Michaloudis of MyExcelOnline.com.  He raves about the platform.

You do the marketing

What Thinkific does not do, however, is help you sell your course.  McGill suggests establishing a following elsewhere — Facebook, Instagram, or even at Udemy — before launching on the Thinkific platform.

Why does SideHusl rate Thinkific so much more highly than Udemy? Because it will not discount your class (Udemy will). And you can use the platform for free, paying just 10% of revenue if a course sells. This is a far lower commission than charged by Udemy.

Better yet, if you start selling a ton, as Michaloudis did, you can switch over to a monthly fee plan. That can save highly-successful users a fortune on commissions. The fact that the site will try to put you on the cheapest plan, is one of the many reasons users rave about the platform. 

What their users say (from SoftwareAdvice). 

“Thinkific won’t host all your marketing needs, but it will nail your online course, and I’m a big fan of that. They also offer GREAT webinars and opportunities for professional development, which I really appreciate. I really do feel like they want me to succeed.”

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