How to Create a Recurring Income as an Online Teacher
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SGD10.00
SGD10.00
I created this original business idea for my clients who are math tutors. This idea is suitable for any teachers, tutors, coaches, trainers and bloggers.
Tutors face two main problems.
First, they cannot scale their business. The more students they take, the more time they incur. And there is a limit to the number of students because their time is limited. My friend who is a tutor said she comes home late at 11pm for her dinner and still she has to do the marking late at night. She complaints that she does not even have time for lunch on Saturday which is the busiest day of the week. She was always tired. Tutors are trading time for money. Work long hours and limited earning.
Second, they are working for free. Many tutors are solving people's math problems for free. They attract freeloaders. While it is good for their exposure, they are not monetizing their effort. Bloggers give away their tips for free and are not adequately compensated for their effort.
My business ideas solve these problems:
Earn a recurring income through a membership program. Plus earn a second stream of income through affiliate marketing.
Have a scalable business. There is no limit to your earning. It is not limited by time.
You get paid for the work that you had shared for free. Subscribers pay you for the tips you share.
What make this a great business?
I was inspired by a biz model that had been running since 1996. so I know this business idea will work. I combine with another idea that I picked up from the online summit business model.
This business attracts buyers because I have added these elements:
curiosity
free
impulsiveness
urgency
There is no need for cold call or to message people to close a deal. No chasing after rabbits.
I use client attraction. Just putting the carrot out. The rabbits will come out from their holes and bite it. Once they are addicted to your good stuff like drug, they will want more naturally.
Hint: It has some element of Patreon but it is not Patreon.
Requirement
Spend about an hour a day, sharing 5 minutes worth of content every day or every other day. That's all it take for your content creation.
You either love to write or talk, otherwise how are you going to communicate with your audience? You must be a good content creator.
Benefits:
* You earn recurring income through membership subscription and affiliate marketing
* You can work at home.
* Work any time, any day.
If you are a stay-at- home mom, you'll love this business. If you have quit your corporate job to look after your family, you'll love it too. Or do it for a second income after your office hours.
There is no running cost or setup cost because you will be using free tools. You need just one webpage to show some pictures and a Paypal link to collect money.
I love this business idea so much, compared to other biz.
This is not spammy. Not salesy. No hard sell.
It is gentle and loving.
I know you have some objections.
"I am not a teacher"
Answer: If you can share a 5-minute tip, you are good to go.
"I am technically challenged".
Answer: "I will demonstrate the whole process from beginning to end".
"I don't have much money"
Answer: This is a no-money method because you are using free tools.
"How fast can I make money?"
Answer: Give yourself one month to test market response and see whether you are enjoying the work while growing your audience. If the signs are positive, you should be able to start generating money by the second month.
"How much can I make?"
Answer: It depends on how big your audience is. A few hundred a month is within reach. A thousand or more is possible. As more people know about your service, your income will grow. I am confident that you can earn at least $100 or more a month recurring if you put in an hour's work a day. Not even counting the affiliate earnings.
What you will discover:
* what this new biz idea is about
* an explain of the whole process setup from beginning to end.
* how to price it to make it a no-brainer for people to buy and the psychology behind the pricing.
* business strategies
Tutors face two main problems.
First, they cannot scale their business. The more students they take, the more time they incur. And there is a limit to the number of students because their time is limited. My friend who is a tutor said she comes home late at 11pm for her dinner and still she has to do the marking late at night. She complaints that she does not even have time for lunch on Saturday which is the busiest day of the week. She was always tired. Tutors are trading time for money. Work long hours and limited earning.
Second, they are working for free. Many tutors are solving people's math problems for free. They attract freeloaders. While it is good for their exposure, they are not monetizing their effort. Bloggers give away their tips for free and are not adequately compensated for their effort.
My business ideas solve these problems:
Earn a recurring income through a membership program. Plus earn a second stream of income through affiliate marketing.
Have a scalable business. There is no limit to your earning. It is not limited by time.
You get paid for the work that you had shared for free. Subscribers pay you for the tips you share.
What make this a great business?
I was inspired by a biz model that had been running since 1996. so I know this business idea will work. I combine with another idea that I picked up from the online summit business model.
This business attracts buyers because I have added these elements:
curiosity
free
impulsiveness
urgency
There is no need for cold call or to message people to close a deal. No chasing after rabbits.
I use client attraction. Just putting the carrot out. The rabbits will come out from their holes and bite it. Once they are addicted to your good stuff like drug, they will want more naturally.
Hint: It has some element of Patreon but it is not Patreon.
Requirement
Spend about an hour a day, sharing 5 minutes worth of content every day or every other day. That's all it take for your content creation.
You either love to write or talk, otherwise how are you going to communicate with your audience? You must be a good content creator.
Benefits:
* You earn recurring income through membership subscription and affiliate marketing
* You can work at home.
* Work any time, any day.
If you are a stay-at- home mom, you'll love this business. If you have quit your corporate job to look after your family, you'll love it too. Or do it for a second income after your office hours.
There is no running cost or setup cost because you will be using free tools. You need just one webpage to show some pictures and a Paypal link to collect money.
I love this business idea so much, compared to other biz.
This is not spammy. Not salesy. No hard sell.
It is gentle and loving.
I know you have some objections.
"I am not a teacher"
Answer: If you can share a 5-minute tip, you are good to go.
"I am technically challenged".
Answer: "I will demonstrate the whole process from beginning to end".
"I don't have much money"
Answer: This is a no-money method because you are using free tools.
"How fast can I make money?"
Answer: Give yourself one month to test market response and see whether you are enjoying the work while growing your audience. If the signs are positive, you should be able to start generating money by the second month.
"How much can I make?"
Answer: It depends on how big your audience is. A few hundred a month is within reach. A thousand or more is possible. As more people know about your service, your income will grow. I am confident that you can earn at least $100 or more a month recurring if you put in an hour's work a day. Not even counting the affiliate earnings.
What you will discover:
* what this new biz idea is about
* an explain of the whole process setup from beginning to end.
* how to price it to make it a no-brainer for people to buy and the psychology behind the pricing.
* business strategies
