How to start an online teaching business with $100

Jashan Mangat
July 11, 2020
4 min read

Education is one of the most sought after service industry! Ideally, this line of work has very high job satisfaction ratios, since it is a full circle of gratification. And it gives you the luxury of a disposable income, on your own terms. Fun fact - according to a  survey by Get Educated, an average online instructor makes $1,500 - $2,500 per semester. Which sounds like a pretty neat deal 💸

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Building a business from scratch can be overwhelming, but with a combination of the correct exposure and well calculated decisions, your coaching class will be a massive hit! With the plethora of tools available on the web, you can start tutoring with $100 (and buy us a coffee ☕). Below, are our two cents, while you set out to starting your coaching career or just a side-hustle:

Networking

Networking is the key to running any successful business, and so you should attend as many conventions and lectures. Don't be afraid to dig up those long lost contacts on your phone. You can also list your business on websites like Google, LinkedIn, Trep Up or on local Facebook pages - the best part is that they are absolutely free, and this will catalyze the process of starting your teaching business. Cost: $0 per month

Note Sharing

Construct your own rich repository of notes and other study material, by compiling all of it in one place. Curated notes will boost learning, and also make your coaching classes exclusive. Create these archives on a cloud based software, allowing your staff and students total accessibility and ease of sharing. Conduct live conferences and upload course videos to Youtube,which is becoming an increasingly popular network for local businesses. If you don't know where to start, take a look at Reportcard, an end to end coaching center management software, which is free of cost for up to 50 students.Cost: $0 per month

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Online Class Setup

According to a survey of high school students by Babson Survey Research Group, 33.5 percent of them took at least one online course in 2012! Don't restrict yourself to classroom lectures, setup your classes online as well. Remote classes allow wider reach and you can operate from the comfort of your home. Many institutions use apps like Skype, Zoom, BlueJeans and Google Hangouts to conduct online classes. Most of these apps are free to use and give your teaching business the sophistication of being online!Cost: $0 per month

Marketing

Maintain a steady marketing strategy, this will drive students, and potential staff to come to you and not the other way around. You can try traditional marketing methods like flyers, radio ads and social media, but don't be afraid to experiment with unconventional techniques, be it answering industry specific questions on platforms like Quora and Reddit or sharing some of your proprietary notes as bait for new students. Marketing will be the breath of your business, it will help you connect to students, far and wide. Cost: $0 to $50 per month

Website

Build yourself a website and your coaching classes will boast credibility. There are a variety of website builders on the internet, the most well known ones being Weebly, Go Daddy and Wix. Most of these software are free of cost or have minimal charges, but spending these bucks will prove very beneficial.Cost: $5 to $20 per month

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Teaching Apparatus

Equip yourself with a steady table and you’re good to go! For a more traditional take on things, If you’re considering to conduct online classes you can take a look at some websites that provide online blackboards. Video conferencing is a brilliant solution, all you need is a webcam at eye level and good lighting!Cost: $20 - $40 for 6 Months.To conclude, determination is the single, major force to drive your teaching business to success! We wish you the best of luck in your venture, and don't hesitate to drop a comment if you have anything you'd like to add to this list!

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Entrepreneurship
Jashan Mangat
Twitter

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