Everyone Has the Knowledge to Teach on a Subject Where They Have Some Expertise
By chance have you ever had the idea of teaching adults?
Has it ever crossed your mind that you could teach adults and market yourself at the same time?
If so, then SkillShare is the best alternative for you when it comes to work-at-home jobs.
In its simplest form, SkillShare is an online platform that pays people to teach.
The company takes great pride in the fact that it has managed to grow into somewhat of a small community consisting of lifelong learners.
For those who have never heard of this type of business opportunity, SkillShare is an online company that helps experts in various fields develop their own courses and market them.
Being an online platform that offers people the chance to earn revenue from teaching, the company largely partakes in the following:
- Creating classes for teachers
- Allows teachers to market their expertise on social media networks
- Teachers can engage students by providing developmental feedback
One of the good things about SkillShare is that you do not have to undergo specialized training.
The company simply needs experts with real-world experience.
However, most instructors on the site still have degrees, have taught at some point in their lives, or are published authors.
Those who sign up with SkillShare are considered to be experts in their respective fields or subject matter they are creating a class to teach.
In fact, the teachers on this site are not only limited to the United States.
This provides users the opportunity to learn different cultures and practices.
Kinds of classes are offered by SkillShare
The main schools of study are:
- Film and video
Each school has its own individual classes based on a variety of topics.
For instance, for those taking graphic design classes, there might be a Photoshop or Adobe illustrator class.
The classes are designed to be consumed in very small segments of maybe 5-7 minutes long each with a total class time of only about 20 minutes or so.
Their aim is to be able to offer instruction and lessons in a format which can even be consumed and taken on the go for the busy learners who may not have 30 minutes at a time to spend on a segment or course.
As further proof of its legitimacy, when you click on the Entrepreneurship class, you can find Barbara Corcoran, who is an investor on the popular American T.V. series, Shark Tank.
In addition, there’re 17 other bestselling authors, all teaching a class on the online platform.
Most of the classes offered range from $19-$99 for a non-member student.
On the other hand, students who are members can take advantage of the unlimited classes offered at $9.95 a month.
There is also a 7-day free trial period that people can sign up for.
Students have a specific segment on the website where they can share projects and assignment progress.
Each of them also has a tab for a particular teacher, discussions, lessons, and projects.
How To Earn Money on SkillShare
In order to make money from premium enrollments, you will need to publish one class with a minimum of 25 students.
Publishing five classes with five students in each one will not be counted as an overall of 25 students.
Instructors must get 25 students in a single class. However, this can either be free or premium enrollments.
Once you have achieved your target, you will be eligible for the SkillShare Partner Program.
You will then have to input your PayPal address in your account settings to receive payments.
Additional Ways to Earn Money on SkillShare
Another way to generate more revenue from SkillShare is to refer potential premium members to the site.
For this type of undertaking, you will receive $10 for each person you sign up.
The process basically involves promoting your class via a special link provided by the site, and anyone who happens to go for a premium account will lead to cash in your pocket, also known as affiliate marketing for the site.
Even if you are not an instructor, you can sign up for an affiliate account and if accepted you can promote the site and get $10 for each signup as well.
In some cases, you may be eligible for bonus payments.
This mostly occurs when you bring in a certain number of new premium members.
For instance, if you manage 10 new sign ups, you will earn an additional $250 on top of the referral fees.
You can also earn a one-off bonus by developing a class as a novice teacher.
If 25 students sign up for it within the first month, regardless of whether they are free or premium members, you will receive a bonus of $50.
However, certain classes like those for Design or Culinary subjects can bring in as much as $250.
How Much Money Can You Earn From SkillShare
Every month, approximately 30% to 50% of SkillShare’s Premium revenue is directed towards the royalty pool for teachers.
The remaining amount is put into marketing and promoting instructors’ classes, investing in the website platform, and running of day-to-day activities of the business.
The scope of the royalty pool tends to fluctuate from month-to-month depending on the level of subscriber activity, effectiveness of marketing and promotion of classes, and costs of operating the website.
How SkillShare Assists Instructors to Create Their Courses
Affiliate codes are developed to assist teachers with marketing their online courses, mainly through social media channels.
The Teacher Help Center on SkillShare’s website provides more insight on this matter.
The set guidelines for creating your teaching videos, online course, and necessary materials are also found in this section.
As an instructor, you will need to ensure that you have the right equipment for creating high quality classes that will adhere to the site’s standards.
There are also various kinds of software, lighting apparatus, and cameras that you can use to aid your cause.
Instructors also have the option of renting out a studio for recording their classes if they want but honestly, most digital recorders, including many smartphones, are capable of filming high quality HD content when used the right way.
Requirements, Special Training or Skills Required to Work for SkillShare
As mentioned earlier, the main requirement is that you be an expert in your field.
This and a passion for educating others is basically what it takes.
Most people do have an area of expertise in a field or hobby which they can teach others about.
Are Instructors Employees of SkillShare or Independent Contractors?
Teachers, instructors, or trainers are considered be independent or freelance contractors and are therefore responsible for their own taxes.
Based on its current algorithm, instructor payments are mainly calculated using the number of minutes viewed by Premium members in each class.
This is a great opportunity to make extra money using a variety of ways from this service.
Either by becoming an instructor for a 20-minute class, or by promoting the service to others, or both!