Can I Start My Own Online Teaching Business?
This is the fourth blog in a series of five, to read the previous blog click here.
If you don’t want to work for an online school like DaDa, or as a freelancer through a platform like iTalki, then you might want to consider your own online teaching business. In this option, you build your own online teaching business. You have full control of every aspect of your day including your students, income, and methodology. The income has the potential to be much higher but so is the risk.
- Total autonomy, you are your own boss.
- Possibility to scale. Growing your business to a point where you are talking about $100s/hour instead of $10 or $20/hour.
- Very steep learning curve. You need to build a website, learn to advertise to get students and create your own materials.
- Larger initial investment
It might seem overwhelming to start your own online business but fortunately, we have 2 solutions for you.
1. Teach English Online Course
We have recently partnered with Jack Askew, from TESLO, to promote his online course for those who would like to start their own online teaching business. While eTefl Online can train you to become an English teacher and help find you a job but Jack will show how to set up your own online teaching business from scratch – he’s done it, successfully. You’ll learn how to get students, how to create a website, payment systems, how to create online courses and tons more. It’s a very comprehensive course that only costs $597 for lifetime access and updates. But keep in mind that with Jack’s course he’ll only show you what to do, you’ll still have to go out there and implement everything you have learned, pay for website creation, pay for ads to recruit students, implement merchant accounts for processing payments and refunds. If you have experience in doing these things or are keen to try, then this is the best option for you.
Here’s what’s included:
45 Video Lessons (Main Course)
8 Bonus Tutorials
Resources and Worksheets
Lifetime access and updates
30-Day Money-Back Guarantee
With your own online business things start to get very interesting. Especially if you start creating your own courses. Jack will teach you how to create online courses that you develop once and then your work is done. You can then automate the sale of those courses to bring in money, even while you are sleeping, without having to work on it again. That’s how you go from $10-$20 per hour to $100s/hour.
Jack can explain all the details to you better than I can and has a free short video course for you to see how this all works. You can sign up for it here.
2: eEnglish Business Licence
This is one of the most exciting products I have seen in a while. eEnglish offers you a complete turnkey online teaching business platform. They provide the software and systems, take care of the payment systems like credit card and PayPal payments from students, train you in how to work with the software and even provide you with the students! It’s a complete package that includes everything you’ll need to start your own business and start earning almost immediately. However, there is a larger initial investment of $11 995 but there is a payment plan option.
You may be thinking that Jack’s course is the better option because of the price but as an online business owner myself, I can tell you that you by the end of the first year, you will have easily spent $11 995 on advertising, web development costs and other monthly expenses involved with having your own business. Whereas with the eEnglish option, it’s a once off payment and everything is taken care of for you for the foreseeable future so you can concentrate on teaching and, you’ll never have to pay another cent.
Another key feature with eEnglish is that they recruit the students for you directly, therefore cutting out up to 3 middlemen/agents and getting more of the profits to the person who is doing all the work – you – so you can earn up to $60/hour. For this service, they take 20% of what the student pays and you get to keep 80%.
You can find out more about this option here.
As you can see, teaching English online is far more flexible than you may have thought. You can work as an employee for 1 school or for several at the same time. You can work freelance and set your own rate and schedule, choose who you teach and specialise in specific areas of English that relate to your professional experience. Or you can work for an online school and as a freelancer. Or you can start your own business to control every aspect and grow your income to far beyond that of an employee or freelancer. The choice is yours.
Remember to join us tomorrow for the next and final blog post in this series.