Ways to make money — Teach an online course!

Teaching an online course is a solid way to generate passive income. All you need to do is put together a video walkthrough explaining a subject that you’re familiar with and then host it on your own personal website.

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Although it takes some effort up front, if you manage to design a popular high-value video tutorial series, you could be making money on a regular basis as people continue to enrol in your courses.

To start creating your first online course, brainstorm a topic that you know well enough to teach someone how to do from scratch. This can be literally anything – music production, social media marketing, web development – you name it.

Next, you’ll want to grab a screencasting app like Screenflow to record your screen and voice while you walk your viewers through your tutorial. Screenflow also comes with a built-in video editing suite, allowing you to shoot and cut your videos all on the same platform.

Why Teach an Online Course?

  • With an online course, you can literally set it and forget it. Take an afternoon to build an online course and you could be reaping the benefits for weeks.
  • You already have the knowledge, you just need to share it. Focus on teaching something that you’re already an expert at and the rest will come naturally, whether it’s building iOS apps, creating monthly budgets, or running Facebook ad campaigns.
  • Teaching someone a new skill is its own reward. While there’s definitely money to be made in teaching online courses, helping other people is always a satisfying experience unto itself.

Thinking about sharing your skills with the world? Here are some inspirational TED Talks and podcasts to get your brain moving:

Hurry and get started today!

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