by skysnap » 04 Nov 2016, 10:19 Here are some of the things you need to have before you start a tutoring business -
1. Good communication skills.
2. Good internet access.
3. Good understanding of topic.
If you have these three things setup properly then you can start your own tutoring business.
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Some of the tutoring options are as follows -
Skype Tutor : This business model is getting popular these days. Here tutor gets paid in advanced per skype hour session. You have to use paypal or any other payment method system. And once the student pays, then you two can decide on the time for the tutoring. From here onward you can begin the lessons on skype. Here the earning can be really good if your student recommends you to others. Many people are making around 500$ to 3000$ per month through this system.
Online Courses : This can be a good option when you don't want to stay online while teaching. You can record the content of the class and then host it on sites like Udemy, teachable, memberful etc. And then charge some specific amount each month or flat fee. This way the money can be made on recurring basis. You can call it passive earning. You may find that online courses pay a good amount if you have quality content. You can make from anywhere from 49$ to 499$ or more. It's always a good idea to host your own content to save on fees in other sites. However if you go self hosted route then you have to handle payment processing and refunds.
YouTube: Posting free content on Youtube can increase your online visibility. You can keep few videos on YouTube to attract users. And then offer the paid courses links within the videos. This way you can get some good leads for tutor business. YouTube also offers selling the video courses right from the dashboard itself. You can try both free and paid videos options and see what works inside the YouTube. Usually earning from YouTube is fixed at 20$ to 200$ a month.
Freelance Tutor : There are always a demand for freelance tutors. These tutors usually fill out the temporary position in existing online teaching sites. The job can be visual or text form for helping the students. Here they have to make sure that they are ready to work on the part where earlier tutor left. Earning for such tutor is often high but the jobs are short termed. And you have to take the opportunity as soon as it comes. You can expect earning from 400$ to 2000$ depending on available hours of work.
If you are good at something, you can easily teach it to others and make money for the time spent. At first it's not easy to get students. But as your popularity among students increases, you'd earn with each referral. This can be a steady stream of income if you learn how to teach students and create a demand for your service.
