You don’t have to snag an adjunct professorship at your local university to share your knowledge with your peers and earn some cash in the process. Thanks to the magic of the Internet, you can cut out the middleman and teach classes directly to lifelong learners without leaving the house. Here’s what you should keep in mind to begin and maintain a successful at-home teaching enterprise:
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Pay can vary greatly, depending on your level of experience and area of expertise. For example, management consultants, who help organizations identify strategies to increase efficiency, can make anywhere from $17 to $170 an hour, on average, according to PayScale. RenoFi, an online marketplace for home renovation loans, is seeking renovation project consultants to review and report on the feasibility of residential construction projects. The job listing does not specify pay rates but notes that ideal candidates may have worked previously as a general contractor, a position that pays an average $15 to $63 an hour, according to PayScale. Affiliate Marketer
Create a Home Office Space. First things first: You need a professional setup that helps, not hinders, your prospecting activities and writing work. If you don’t already have one, set up a home office – anything from a spare bedroom to a corner of your living room – with a comfortable chair, spacious desk, ample lighting, and physical storage space for papers. Buy a reliable laptop with a reputable word processing suite, like Microsoft Word, and video chat capabilities via Skype or a cloud-based phone system. Strongly consider investing in a printer. Upgrade to the fastest consumer Internet package your Internet service provider offers. Purchase a lightweight cloud accounting program such as Quickbooks or sign up for a free version. You’ll need it once you have more than a few clients. Note that many business-related expenses qualify for tax deductions.
Michael is a long time entrepreneur and founder of Offshore Capitalist Specializing in LEGAL international tax strategies, banking, asset protection, residency and payment processing services. Over the last 10 years he has become known for providing cutting edge tax planning and structuring solutions to online entrepreneurs in the affiliate, ecommerce, and crypto spaces. His unique take combining hands on business and operational understanding with international law means the solutions he provides are practical to run as well as legally compliant and effective. He travels all over the world building connections in fields of banking, citizenships, and residencies plus just plain enjoys it. He also loves strategy games, technology, and card magic Internet Marketer