Make money with online teaching jobs

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Usually, when we think about online teaching jobs, we think about people in an actual university or high school. We think about physical buildings, bureaucracies, and some sort of chain of command. This is bureaucratic, structural, and formal tutoring.

Laptop and coffee
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But did you know that thanks to the internet, people from all over the world can come to you to get expert tutoring help? That’s right! You can turn your Skype connection or Google Hangouts access into US dollars. Welcome to the world of online teaching jobs from home.

Since you are going to be helping people on a one-to-one basis using a webcam, the value of the online teaching experience still turns on the content being exchanged.

You’re sharing your experience, teaching somebody how to do certain things, or sharing key pieces of information with another person through the internet. The amount of money they’re willing to pay depends on the perceived value of the information.

Online Teaching jobs are all about the law of supply and demand

Just like with anything else, if you are offering something that anybody can offer, then you are dealing with a commodity business. In other words, what you have to offer is not really all that different from what somebody else has to offer.

It’s as if you’ve seen one, you’ve pretty much seen them all. So, in that case, the only point of difference is price. This is a serious problem because if you’re going to be offering tutoring services and the only people are interested in is price, it’s easily going to be a race to the bottom.

People will offer cheaper and cheaper rates and before you know it, you’re making less than minimum wage. I’m sure as a senior citizen, you are looking for something more lucrative. I’m sure you’re looking to maximize the value of whatever spare time you want to invest in this kind of venture.

This is why it’s really important to zero in on the most crucial key to success in online teaching jobs from home.

Your key to success in online teaching: branded specialization

I’m not just talking about specialization. It would be great if you’re a lawyer and you are helping law students quickly understand basic legal concepts. It would be awesome if you’re a doctor and you’re helping people get into medical school as well as helping them with their first year in that system.

But outside of that, you should also develop a brand. You may think that the information you share is specialized already. After all, you got an MBA, you got a PHD or you went through some sort of specialized training program. Big whoop.

Remember, in the United States, there are hundreds of thousands of doctors. There are more than a million lawyers. In many developing countries, there are millions of lawyers and doctors. A lot of them can speak English.

You have to look beyond just the specialized knowledge you have. Maybe it’s engineering, computer programming, or some sort of molecular cell biology. You have to look beyond that specialized body of knowledge and focus on branding as well.

Moving Forward

Female student is studying while surrounded by books. She needs a online teacher to help her.
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This is where online marketing comes in. When people see that you have a specific brand associated with a specialized form of knowledge, they start preferring you. Maybe they think you explain concepts better.

Whatever their perception maybe, in the world of online marketing, perception is reality. So when you market yourself, look to create a personal brand and this enables your online teaching job to charge more money for every hour of service performed.

This will enable you to achieve the holy grail of any kind of freelancing. What is the holy grail? To get the most amount of money while putting in the least amount of work. That’s the bottom line.

In other words, if you’re going to be spending one hour doing a certain kind of work, you better insist on charging as much money for that unit of time as possible. That’s how you know you have a successful online tutoring business.

Unfortunately, if your skillset is focused on stuff that is fairly generic like math, don’t be surprised to earn little.

So you have to kill 2 birds with 1 stone. You have to offer a specialized body of knowledge that’s fairly rare and you have to create a brand for yourself. This way, people would seek you out and pay you top dollar.