If you’re a certified teacher looking to make some extra money, online tutoring might be the business for you. The market is exploding and was valued at more than $7 billion in 2022. If you’re ready to help your students get ahead while ensuring your financial security, here is what you should know about tutoring as a side hustle.
What to Know About Online Tutoring
While tutoring can, indeed, be a profitable venture, there are a few things to keep in mind when deciding if it’s something you should pursue. Several factors play into the profitability of online tutoring, such as:
- Time Requirements: The last thing you want to do after a long day of teaching is a task that’s equally stressful. While tutoring can be rewarding, it’s important to remember it takes patience and skill. You’ll also need to take some time to prepare your tutoring lessons while balancing your work and personal life.
- Subjects: The median hourly wage for tutors is $17.72, but this can vary depending on the subject. Math, English and science are three fields where online tutoring is especially profitable. Ranges for these hourly wages can vary from $20-$50 per hour for a standard tutoring gig, depending on your level of education in the particular subject.
- Expertise Level: While anyone of any skill level can become a tutor, having a degree and teaching certificate is always an added bonus. Certified teachers will be able to demand more because of their higher level of expertise and experience in the field of teaching.
How to Start Online Tutoring
If you’ve decided online tutoring is the right side hustle for you, it’s fortunately easy to break into the field. The following steps will help you set yourself up as a successful online tutor.
- Determine your subjects: Identify which subjects or skills you’re qualified to teach. By specializing, you’ll be able to attract students who are looking for exactly what you’re offering.
- Select a platform: While you can set up your business yourself, there are several online tutoring platforms available. For certified teachers looking to build and run their tutoring business, consider a platform like VirtuEd.
- Create your profile: Make your personal profile visually engaging while maintaining a professional tone. When writing your profile, include your expertise, qualifications and teaching style.
- Set your schedule: One of the biggest advantages to online tutoring is you can set your schedule around what works best for you. Set your hours of availability and make them public on your profile.
- Start tutoring: Once your profile and hours are set, it’s time to find your students! Give yourself enough time to prepare the lessons and feel comfortable with the material, then get out there and get to work.
Start Your Online Tutoring Business with VirtuEd
If you’re a certified teacher looking for a platform that efficiently combines the tools you need to start building your online tutoring business, then look no further than VirtuEd. From video conferencing and interactive technology to scheduling and payment processing services, and more, our single platform provides you with everything you need to get your online tutoring side hustle up and running. For priority access, reserve your spot by signing up today.