I am often asked what the truth about teleseminars really is. The following three questions were recently asked of me. The answers may surprise (and delight) you.

Q: Can someone really make a living from teleseminars?

A:Absolutely. There are lots of people making money with teleseminars from virtually every industry. Many professional speakers have replaced their live “have to travel to” seminars with teleseminars.

As with any revenue generator for a business, one must treat teleseminars as a viable revenue stream.

Q: How quickly can you make money with teleseminars?

A: The answer to this question can vary. Some people will never make money because they drag their feet and don’t do anything. Others, well others, can make great money in a very short period of time.

I have seen some people hit the ground running and make thousands of dollars from their very first teleseminar. They did this because they used the correct elements to develop, market and deliver their events.

Two clients come to mind on this. One made nearly four thousand dollars with his first two teleseminars. Another client made over $16,000 in two weeks from one teleseminar she delivered. She had an up sell at the end of her call. Prior to this she had never made any money from teleseminars.

A lot will depend on your market, how proactive you are in promotions, and whether or not people see value in paying for your information or services.

Q: What is one of the greatest mistakes people make when launching teleseminars.

The number one mistake people make with teleseminars is not knowing if there is a need or want for what they are offering. Far too often people will depend on the opinion of family and friends to tell them what they should offer. Huge mistake unless family and friends are your market.

Others will do a “straw” survey of their market and ask one or two people what they should offer. It’s not a good idea to base your decisions on what one or two customers say. Get a cross sampling of input.

In conclusion

Teleseminars are a great way to reach your market with cost effective solutions to their challenges as well as generate substantial revenues. Pay heed to the above Q&A to have a greater chance for success.