What It's About
A language teacher creates audio lessons, bringing in a recurring passive income.
Business Model
Skills Required
Complexity
Profit Potential
Words of Wisdom
Although the initial investment of time for Janina was significant—it ate a lot of her spare time to upload years of language lessons and games—once everything was in place she could save countless hours per week, just pointing people to one link every time they asked her for help or advice.
Fun Fact
If you’re fluent in a second language, you don’t need a qualification to become a language tutor. You can set yourself up on a platform like iTalki and have a new side hustle in no time.
Notes from Chris
Episode 243
For language teacher Janina Klimas, time was starting to become a real problem. The immersive lessons, games, and projects she’d created had turned her into a highly sought after teacher by both students and other teachers alike. But although she wanted to increase her income and loved working with students, she didn’t want to spend all day locked in the classroom. She decided she needed to increase her income without having to work more hours and keep the work life balance she’d worked hard to create. Janina is now at the point where she makes $500 per month completely passively every month. Each course she creates is based on what she’s already teaching her other students and requires around 20 hours to upload. But once it’s ready it continues to sell itself without any extra work.
MENTIONED IN THIS EPISODE:
- Real Life Language: If you're interested in learning a new language, check out Janina's courses
- Teachers Pay Teachers: The educational marketplace that Janina listed her audio products on
- iTalki: A language learning social network that connects students and language teachers
- These Resume Templates Make $462/month in Passive Income: A student creates a visual resume service to make extra cash, then transitions that service to work smarter, not harder. It now brings in $462 in month in completely passive income
- High-School French Teacher Earns $8,000 Writing & Selling Curriculum: A busy high-school teacher uploads more than 600 digital products to a peer-to-peer sharing site, where she’s paid a royalty for each sale
- Woman on Food Stamps Earns $86,000 Teaching People to Bake Bread: In the face of adversity, a woman creates a series of online courses teaching the art of baking sourdough bread. Stop loafing around! If she can do it, you can too
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To infinity and beyond,
