Selling Your Skill To Build A Fortune

Skills To Pay The Bills

Ever wonder if your skills are, if you have a skill in demand, odds are someone is trying to learn that skill. Online tutor is a lucrative secondary job, as you can choose your own shifts, and requires moderate to minimal attention, best of all you can do this from the comfort of your home. Tutoring from your home can save you the ordeal of renting a physical location, and dealing with sporadic cost and problems.

Finding your customer

Your niche will be limited to your capabilities, but it is not hard finding your customers as long has you have the credentials to teach your skills. You can teach anything and not just academic education. Ui designer, Jiujitsu practitioners, Photographers, and even eyebrow dancing

Aanyone with high level of expertise in their skill can teach online. You can advertise through through Facebook or reddit, however one common mistake that people make when advertising , is that they advertise through Linkdin. If your employer sees that you are making additional income on the side, odds are they’re going to terminate you, and in some cases companies in European countries has the authority to make you return your wages. Keep your side business ventures private and do it through a medium that doesn’t involve your employers.

Legalities

Generally you don’t have to worry much about your business practice, if you are small business, no police in the world has the time to deal with your sort of legal business, long as long as you are not doing something blatantly illegal. The only thing you really should do is to register an LLC to to protect your personal asset from legal pursuit. Another major issue is if you plan on teaching something like finance, you may need to have Finra license to qualify.

How To Start

You will need to set up your curriculum, so you may have a organized form of teaching. you must develop, plan, find resources to back up your claims.

You then will need tools to starts, basically you just need a website to do bookings and Microsoft Team. It’s best to not cheap out on software as it can save your time.

You will need a form of payment system, the most reliable will be Stripe

Partnership is essential for the times where you may have an emergency and need someone to teach in your stead. Ideally you should join tutoring networks, and find people with the same expertise as you, to teach your student.

Profit Tip

It is ideal to teach a class instead of teaching an individual, because you can make more charging a class of 8 student at 40 percent discount instead of one student at full price.

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