Another way to make money online today is to teach what you know. You don’t have to have a degree, and it doesn’t even have to be a new idea to earn as much as six figures (some make more) every single year.
Tutor Others in Your Subject
You can make it super-simple by merely offering to tutor others in the subject you’re an expert in. You can often make $20 per hour or more tutoring kids, college students, and others in the topics they need to learn. If you are well versed in test-taking skills, you can also tutor people to excel in standardized testing like the ACT or the SAT.
Create an Online Course
Anything you know how to do, from making cakes to sewing pillows to doing complicated math, can be turned into an online course. You can video the lessons or write them using multimedia including text, video, audio, interactivity and more. Then deliver the lessons via a system like Teachable.com or membership site using software like aMember.com.
Start a YouTube Channel
You can also earn via advertising and membership by starting a YouTube channel to teach your audience about the topic you’ve chosen. Whether it’s about marketing or hair care, anyone can make it on YouTube if they try. At first, you’ll have to build up your audience to earn the monetization of your channel, but even before that (depending on your niche), you can earn money via donations, memberships, and sponsorships.
Start a Blog
You can also start a blog and use that as a way to deliver the information you want to teach to your audience. This will work great for any type of information you want to share that happens again and again. For example, you can teach people how to cook different types of meals, or how to sew clothing, or how to make money on Amazon.
Start a Podcast
The same way you can run a YouTube channel and a blog, you can start a podcast with all the same information as the other methods of distributing your information. Teaching your podcast audience about the topic you desire will work great once you set up monetization by opening subscriptions to your podcast and accepting sponsorships.
Write and Publish an eBook
You can also simply write a book to teach what you know. For example, if you’ve had the experience of overcoming something in your life, you can teach others how you did it so that they can do it in their own lives. A book is a great way to get information out and can be the starting basis of other monetization methods like public speaking.
Teach Lessons via Video Conferencing
You can also teach any type of lesson via one-on-one video conferencing. For example, voice lessons, piano lessons, and even cooking lessons can all work via video conferencing. Some yoga teachers offer a membership site and deliver live video conference practice sessions for an additional fee.
When you know something and can teach what you know to others, you can earn cash by teaching it to them at a distance using the internet and various technologies. All you need to do is set up a website, set up the method you’ll use to teach, and a way for people to sign up and pay you. Then you’re all set.