If you love teaching students and the pandemic has now made that impossible for you to get through, online tutoring is a raging business model at this point. Not only does it enable you to share your knowledge with the world, but it also enables you to earn some extra money as a side hustle. However, starting an online tutoring business is not easy. Not only does it require extensive planning, but you also need to invest in the best cheap VPS hosting to secure yourself a platform to host your website.
Aside from the online platform, you also need to be mindful of a few other factors. In this article, we have narrowed them down for you.
Come up with a business plan
If you are planning on starting your online tutoring, you need to first come up with a business plan. For the novices out there, you can always ask someone professional to guide you through the same. There is a plethora of information available online that you can check through and engage with. Make sure that your business plan contains an overview along with the details about the finances.
Find the ideal software
Once you have the business model set up for the online tutoring business, you need to then come up with a detailed understanding of the software you are going to use. Some beginners prefer using YouTube; however, we’d recommend you get cheap managed VPS hosting and then set up your website and integrate the videos for the students to watch. This way, the tutoring session remains exclusive.
Finalize the rates
Now that you have your initial setup and website done, the next thing to focus on is the rates. If you are starting new, you can always start with offering free classes first and then go around and finalize the rates after the free trials. It is always better you do market research and get an idea about the rates that other platforms are charging and then set your rates accordingly. Remember that you first need to market yourself and establish yourself as an authority to get surplus students at the set rates.
Establish a web presence
You can’t expect students to start coming to your platform if they don’t even know you or you don’t have a prevailing online presence. The best way to overcome that is by ensuring that you work on multiple social media platforms for your business and then work your way up from there. If possible, you can also engage with other tutors on the internet and collaborate with them to get your name out there.
Remember that setting up an online business as a side hustle is not an easy task. Not only do you need to keep a check on the quality of the product, but you also need to be mindful of the services you are providing. In this case, teaching kids is an extremely important responsibility, so you need to treat it accordingly and do things seriously.