How can teachers make money online? #Teachers can easily make money online by joining the knowledge economy by selling digital content like online courses. This can quickly turn their side hustle into passive income that ultimately takes less of their time to maintain.
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There are a number of ways teachers can make a profit online. Most of the options that are relevant to teaching revolve around selling digital knowledge products. Here are a few specific ways teachers can earn money online:
Online courses are a natural fit for teachers, seeing that they already have an existing classroom teaching specialty. For example, an elementary school teacher could make courses for their grade level for students who need extra support or practice. Or, the teacher could branch out into another subject they are knowledgeable about. Some offer test prep or college planning courses, while others offer courses for teachers themselves.
Because it mirrors tutoring, coaching is also a great fit for teachers. It’s a super fast way to get started since you don’t need to produce a ton of material to open up shop. You can use your existing skill set to guide your topic, but your students’ needs will define the specific lessons or coaching sessions. Like tutoring, coaching can take place in a one-on-one or group setting.
Many teachers already sell their educational materials online, either to other teachers or to parents looking for supplemental activities for their children. If you’ve created worksheets, curriculum, study guides, rubrics, assessments, and other supporting classroom materials, those could be digital downloads ready to go!
A membership site can be a great way to generate recurring revenue. For teachers, they could sell ongoing access to their worksheets or educational materials, like we just covered. But to keep people renewing, it’s important to keep adding fresh content on a regular basis. And ideally, you’ll produce content that subscribers can’t readily find elsewhere.
Membership sites can include access to courses or an interactive community. These help add additional value and can encourage parents or students to sign up.
What makes teachers a good fit for selling online courses? Why are teachers a good fit to become content creators?
In the knowledge economy, teachers are already one step ahead of the crowd. Teachers have the skills and experience in educating others, creating lesson plans and materials, and keeping students engaged.
Teachers know first-hand what works and what resonates with students. They know what students struggle with, and have the strategies to help them overcome those challenges.
So then, the next step is simply to apply these existing skills to the creation and distribution of materials in a different channel.
A teacher’s schedule also works to their advantage. Having holidays and summers off allows them to dedicate time to their online business. Even just a few weeks of uninterrupted time can be enough to launch an online business and get some sales under your belt.
When teachers offer their skills online, they get to teach the way they want - free of mandates, strict lesson plan rules, or time constraints. It provides the freedom to incorporate the best parts of education and ultimately make a positive impact on the students.
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