Now is the Best Time to Start a Virtual School
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Look, creating virtual school vacancies benefits both you and the world that’s recovering from the crisis. Once your business grows you can start to outsource the work. It’s not always you who has to do the teaching. There are thousands of qualified teachers looking for virtual school jobs since the pandemic. And needless to say, thanks to the Internet you can connect to teachers all over the world. If you’re teaching French, why not find french teachers from… France!
If you’re not yet sure if you want to start with your own business yet, you can look up various virtual school job vacancies. Many companies are looking for freelance teachers and working for someone else gives you the chance to try it out.
And once you’re ready to start your own online company, the first thing to do is to choose an appropriate business model.
Pick the Right Business Model
All virtual school ideas need an effective business model that fits the services. An effective business model for your revenues determines both the prices of your classes and the value you’re providing. Even more, it defines your target audience. You should also put down the key points that make you different from the competitors.
Let’s take a look at the two best business models for a virtual school:
Offer Individual Classes for a Fee
This business model lets the students enroll in a class for a specified fee. It works especially well for beginning teachers. When you’re just starting it’s good to give the students a chance to try out individual classes before subscribing to the whole program.
In this model, you enable students to access a certain number of classes after they’ve signed up for a membership. Purchasing the membership plan can come with some additional benefits like individual payment plans and various discounts. It’s up to you to customize the plan to meet your business goal
The Costs of Creating the Content
The amount you need to pay for someone to create the content depends on the time your chosen freelancer needs to complete the project.
An instructional designer’s typical hourly rate (according to Salary.com) is $37. If you need a Subject Matter Expert, you should be ready to pay about $43 per hour.
The basic necessities to create online courses are a computer and an internet connection. However, it’s a good idea to make your life easier with some good multimedia software.
One of the best programs out there is Adobe Premiere Pro. This software is packed with so many useful features, that even top Hollywood editors use it on blockbuster movies. It comes with a monthly price of $34.
Needless to say, you will also need a good web camera to record your videos. Some of the best options out there are all under $60.
• Genius WideCam F100. The best cam for wide-angle shots. $29.
• Logitech HD Pro C920. A 1080p camera. $59.
• Logitech HD C615. A portable 720p camera. $43.
And let’s not forget the microphones. Audio quality is super important in your videos and most computers don’t come with a good quality mic.
Sennheiser is always a trusted choice. ME 2-II, a lavalier mic, is a convenient option that captures high-quality sound. You can get it from Amazon for about $220.
Another popular choice is the Blue Snowball. You can get this quality mic for only $70.
How to Set up Your Business on a Small Budget
If you’re having trouble finding your virtual school funding, and you’re only operating with a minimal budget, you can still create a profitable course:
• Start by creating short videos with quizzes. Then expand your course once you get more pupils.
• Conduct live webinars. The best part is that recorded live webinars can later be a part of your course videos.
• Don’t worry about producing the whole course at once. You can start with the first two training units and sell the following courses for an early-bird price. This way you can build up your budget before making the more advanced videos.
• Most smartphones have a pretty decent camera to record your videos.
When given the choice virtual school vs. public school, more people than ever would choose to receive their education via the Internet. And that’s great news for all teachers and people with valuable knowledge to share. The market is hungry, it’s easy to enter it, and you can start making a profit already in the first months. Unfortunately in many places of the world, the teachers’ salaries in regular schools remain low. In the online world, it’s all up to you how much you earn. With a little ingenuity and some focused effort, everyone can start making a proper living solely from their online school.
What’s the key technology that has helped you to launch a successful virtual school? Or are you still in the planning stages of starting your virtual lessons? Let us know in the comments section and let’s learn from each other.