Selling Courses Online
You can take your teaching knowledge one step further, and rather than signing up with a tutoring service, create your own web-based course and charge people to attend. The e-learning boom is giving rise to an online course industry that could be worth as much as $325 billion in 2025 [source: Forbes].
Courses can be academic in nature, creative (how to make candles), technical (how to learn Python) or business-focused (how to grow a business). If you're stuck for ideas, visit a site like Udemy, which has over 10,000 listings. Generally, you will either pay a monthly fee to the platform that hosts your business or it will allow you to host for free in exchange for a cut of the tuition fees.
To succeed in this area, you need to be able to break down complicated subjects for a general audience, and be able to create video or a PowerPoint presentation for your topic. (There are plenty of premade templates on platforms designed just for these purposes.) You also need to have good marketing skills so that potential students can find your course and be interested enough to sign up for it.
But not to worry, there is a lot of information on the internet to help you with the business side of this venture, from tips on creating a business plan to deciding how to title your courses to keeping your students motivated. You can even pay for an online course that teaches you how to sell online courses.