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‘MBA in a day’ course helped instructor make over $1 million in passive income on Udemy
“I realized that I felt alive and this was my purpose.”
Click here to read the full article on CNBC’s Acorn Website
Chris Haroun was getting tired of the financial sector when he started teaching business and MBA courses at local colleges. He’d been working in hedge funds and venture capital for years, and he just didn’t feel fulfilled. But with teaching, “I realized that I felt alive,” he says. “This was my purpose.”
One Saturday in January 2016, Haroun taught a group of 9-to-17-year-olds an “MBA in a day” course through the LEMO Foundation, which serves under-resourced student athletes, and immediately saw how focused and engaged they were. “Even the 9-year-old was watching with his mouth open the whole day,” Haroun says. He realized the class had potential and decided to upload it onto online courses platform Udemy.
Today, the eight-hour course, which has a typical list price of $199, has been downloaded more than 370,000 times, providing a steady stream of passive income. Over the years, Haroun has added dozens of other courses, covering subjects as varied as personal finance to the how-tos of making a career creating content on the internet. All told, he’s made millions of dollars on the platform.
Here’s how he was able to build his explosive Udemy-based business.
How he made his ‘MBA in 1 Course’ successful
When you figure out what’s missing and fill in those knowledge gaps based on what’s within your expertise, “everybody wins,” Haroun says.
He credits the success of his “Entire MBA in 1 Course” in part to its “gap analysis” approach. That is, he thought about “what MBA schools don’t teach us, or undergrad schools don’t teach us.”
The course takes students through the lifecycle of a company, from inception to IPO to eventual decline. These practical, on-the-ground lessons aren’t being taught in schools but are critical for anyone curious about business, he says.
Chris Haroun in his “classroom.”
‘I failed a lot’: How to learn from mistakes
Haroun also attributes his success to his willingness to try new things even if there was a chance they wouldn’t hit. “I failed a lot,” he says. “I published a bunch of courses that haven’t done that well.” In fact, he’s taken down about 15 courses because they weren’t working.
But his willingness to try a variety of different course types, even ones beyond the realm of business, brought him to his current 35-course lineup.
“I always tell teachers that want to teach business on Udemy, ‘Just go to my courses, go to the reviews, read the one-star reviews ― of which there are many ― and make better versions of these courses.’”
Go to my courses, go to the reviews, read the one-star reviews ― of which there are many ― and make better versions of these courses.
Chris Haroun
UDEMY INSTRUCTOR
‘I found my passion’
Probably the biggest key to Haroun’s success is that he loves his job. Growing up, he was sure that working in finance was his dream. But going from job to job within the sector, he quickly found that it didn’t make him happy.
When he started giving courses and built his hustle on Udemy, “I found my passion: teaching.”
“I don’t feel depressed anymore. I feel happy,” he says. That enthusiasm keeps him going, keeps his courses fun and entertaining, and helps captivate that worldwide audience.
Click here to read the full article on CNBC’s Acorn Website
The Disruptors: ‘An Entire MBA In 1 Course’ — And More
Chris Haroun, author of 101 Crucial Lessons They Don’t Teach You In Business School and founder of An MBA In 1 Course, is now offering three levels of a 300-hour online MBA program.
A Columbia Business School MBA. An associate at Goldman Sachs. A portfolio analyst for a major hedge fund. Founder of his own investment firm.
Talk about bona fides. Chris Haroun had the pedigree for a successful career in finance, and two feet in the door. But he didn’t have what he wanted.
He wanted to teach.Click here to read the full article on PoetsandQuants.com
Investing In Cloud Innovations: An Interview With Venture Capitalist Chris Haroun
Click here to read the full interview on Forbes.com:
How to Successfully Start a Side Hustle
January 29, 2019
It’s no secret that a long day or week can be exhausting, and often requires a period of recovery. But instead of binge-watching Netflix, lounging around the house, or getting together with friends to break away from reality, imagine turning to a second job.
Chris Haroun's TEDx Talk on How Education Can Fix Every Problem In the World
Venture Capitalist Who Raised $1 Billion Opens Up on How to Start a Business in Online Course for Entrepreneurs
June 22, 2016
Chris Haroun is an influential leader in Silicon Valley. He founded several tech companies, serves on the boards of several Bay Area tech companies and charities and is a venture capitalist. In this article, Chris shares his views on how education can help Silicon Valley tech companies and charities, his leadership insights around disruption and innovation and much more.
This is the most popular book of 2016 so far, according to Business Insider readers
Aug. 4, 2016 • Kelsey Mulvey
We've recommended thousands of products across many different categories, some of which were exceedingly popular. Like Chris Haroun's book "101 Crucial Lessons They Don't Teach You in Business School." It is the most popular book of 2016 so far, according to Business Insider readers, so we couldn't help highlighting it again today. Plus, Forbes said it's a book all entrepreneurs should read.
6 Books Every Entrepreneur Needs To Read Right Now
October 12, 2015 • Murray Newlands
As an entrepreneur, you should constantly be learning. Whether you have your MBA already or you haven’t yet attended business school, there are thousands of books from which to choose that will rev up your entrepreneurial savvy without spending hundreds of thousands of dollars.
To save you the time of seeking through all of the great business books available, here’s a pared down list of my six favorite practical and inspirational books — that are also the best value for your time.
Q&A with Chris Haroun: Venture Capitalist, Best-Selling Author and Business Educator
March 15, 2016 • Kathleen Goolsby
Chris Haroun is an influential leader in Silicon Valley. He founded several tech companies, serves on the boards of several Bay Area tech companies and charities and is a venture capitalist. In this article, Chris shares his views on how education can help Silicon Valley tech companies and charities, his leadership insights around disruption and innovation and much more.
A former Goldman Sachs employee has condensed an entire MBA into one online course
August 17, 2016 • Tyler Lauletta
There’s a lot to learn before you’re ready to break out in the business world; you need to be knowledgeable in everything from analyzing markets to preparing presentations to taking a company public if you want to make an impact in the industry.
Investment banking jobs are among the most prestigious positions in all of finance today — this online course can help you land one
July 20, 2016 • Tyler Lauletta
The world of investment banking can seem overly complex, even to those with a working knowledge of the stock market and the basic principles of trading. While you might manage your personal investments through a mutual fund, and know which numbers to check to see if that investment is going well or poorly, concepts like mergers and acquisitions, initial public offerings, and financial modeling still may go over your head.
Chris Haroun student profile: Chris Backofen
Chris was an avid follower of Chris Haroun, a well-known author and business coach and highly regarded figure in the tech startup world, and had read Haroun’s column for Inc.com. That’s how he found out Haroun also offers courses on Udemy, including “An Entire MBA in One Course.”
ARTICLES BY CHRIS
When a company founder resigns, investors should head for the exit too
November 22, 2014 • Chris Haroun
Most large tech companies are no longer run by their founders. This is problematic for investors, because a painful corporate bureaucracy develops when a founder leaves and, as a result, risk-taking and innovation deteriorates. Any large tech company no longer run by its founder that tells you otherwise is being disingenuous to its investors.
Amazon Web Services: This generation’s Berlin Wall tear-down deflationary event
July 5, 2015 • Chris Haroun
Amazon Web Services (AWS), with its ‘Walmartesque’ everyday low prices strategy, has single handedly altered the enterprise software pricing model and has created the most important deflationary impact of this century.
Why the Public Cloud Will Win in the Enterprise Cloud Wars
Chris Haroun
The land grab for enterprise cloud computing is only in the early innings, and as price and security issues are addressed, adoption of this technology will continue to grow. Tech bellwethers like Google, Microsoft and Amazon are all vying to capture as much enterprise cloud market share as possible, and as these three Cloud Service Providers (CSPs) scale their cloud offerings, they are able to aggressively cut prices thanks to economies of scale.
Sputnik, Hippies and the Disruptive Technology of Silicon Valley
Chris Haroun
Sit down and talk with anyone about technology and you’ll have little trouble arguing that the San Francisco Bay Area is the quintessential location for tech startups. The area offers unparalleled access to high quality engineers, venture capitalists and superb universities. But the reason this particular spot ended up at the heart of the technology industry might surprise you, and it all starts with Sputnik.
Fighting the Big Fight: What the Cloud Wars Mean for Netflix, Spotify, Airbnb
Chris Haroun
It's no secret that the enterprise cloud wars are in full swing. What may be less obvious is the fact that without these battles, we’d have a lot less innovation in tech — and just a fraction of the products and services we’ve come to enjoy. If cloud storage prices had stagnated eight years ago when the technology first started gaining popularity, our lifestyles would be markedly different.
A Brief History of Silicon Valley, the Region That Revolutionizes How We Do Everything
December 8, 2014 • Chris Haroun
If you live in Silicon Valley, chances are that you are reading this article from your iPhone, while riding in an Uber car to the company you work at that holds the next world-changing technology.
Amazon Web Services: This generation’s Berlin Wall tear-down deflationary event
July 5, 2015 • Chris Haroun
Amazon Web Services (AWS), with its ‘Walmartesque’ everyday low prices strategy, has single handedly altered the enterprise software pricing model and has created the most important deflationary impact of this century.
Tech Innovation Thrives in the US Due to Youth with Confidence
August 26, 2015 • Chris Haroun
“We are witnessing the downfall of the U.S. economic growth engine as U.S. student test scores are way below test scores of other countries.” I have seen the aforementioned quote in countless media publications for my entire life, but the quote is flawed. American students, whether or not they were born in the U.S., are number one globally in the most crucial economic category that nobody acknowledges, which is confidence.