Have you been looking for ways to generate income online? Have you encountered people claiming to be internet marketing gurus that would teach you how to make $10 000 online quickly and easily?
Well, I'm sorry to be the bearer of the bad news but generating a solid income online takes time and those who promise that you'd be able to do it within a week or even a month is just trying to sell you something without the intention of actually helping you out.
When it comes to generating income online, I think by far one of the best ways is to teach online! Why do I think so?
Firstly, you can start small without an upfront investment! This has to be highlighted because it's a drawback for many "systems" that gurus teach. The typical scenario - create a Wordpress blog and a squeeze page, then find affiliate products to promote and one final little thing is left to you - buy traffic. So to put your system to work you have to buy traffic which can be quite expensive! When you teach online you don't have to worry about that, especially when you are starting out.
Secondly, each and every course you create is a long-run asset that is going to bring you revenue month after month after month. You are not restricted by the amount of courses you can create. Many instructors at, say, for example, www.udemy.com has more than 20 courses and they make around $3k to $30k per month!
Thirdly, I cannot think of a better way to build your personal brand! Online education has been developing rapidly and being an online instructor with thousands of students and hundreds of positive reviews, speaks volumes!
Fourthly, you don't have to quit your job. Start teaching online part-time. Show determination and slowly but surely your part-time income will overtake your other income.
Fifthly, and this is a huge limiting belief, you DO NOT have to be a professor or Ph.D. in order to teach online. I don't want to say: "You don't have to be an expert", because what does it mean to be an expert? An expert is one who knows a little bit more on a particular topic than you do and their knowledge can help you solve a particular problem. According to the Oxford Dictionary, this might not be the case, but in the world of online teaching, I can assure you it is.
Sixthly, it's no use gathering huge amounts of information just for the sake of it... it is about applying what you know, thus online teaching is a great way to monetize your knowledge. I'm from Bulgaria and here teachers get paid approximately $350 per month (in some cases even less) and those are people with 15-20 years of experience, meaning they do have a lot of knowledge to share but unfortunately... (I don't want to continue on this one.)
In the information age, some of the most important skills we can acquire are: managing, applying and leveraging information and more specifically knowledge. Now you have 6 solid reasons to consider whether to teach online and generate income from home or not.