Who Wants to be a Millionaire Tutor?

The Prolific Rise of Online Tutoring

The fact that there is someone in the world making nearly 7 million dollars a year tutoring online is monumental news.

Imagine being a tutor that lives like a rock star; a digital teacher making more than a professional athlete.  Envision being the center of advertising and marketing campaigns that would make even national celebrities jealous.

Welcome to the emerging canvas of worldwide online tutoring.  What makes certain famous tutors so exceedingly wealthy, and what does the road ahead look like for the industry?

The Recipe for Digital Tutoring Success

Before reporting on some of the more famous names, let’s take a look at the necessary elements:

  • Skill – A mix of professionalism, personality, and perseverance. The tutors with their faces on billboards are first of all excellent teachers. They have proven to students they can help them show results, and have followings like Hollywood icons because the product they’re selling is extremely valuable.
  • Marketing – Rather than being an asset to an institution or company, online tutors must turn themselves into a brand. Advertising can range from a simple brochure to high production TV commercials, and everything in between. Ultimately, it is spreading the word about results through social media and virtual word of mouth that truly attracts business.
  • Efficiency – Rather than tutoring one-on-one, or in small groups, through current and evolving online tools, teachers can reach multitudes of unprecedented size. This allows tutors not only to teach in their own community, but to charge a small fee to a lot of people at once, which can accumulate to thousands of dollars an hour.

The Balance of Brain Power

The online tutoring frenzy in Asia has taken off like a rocket at the same time westernized education is suffocating itself under trillions in outstanding debt. Two different models, with two drastically different results.

In Asia, students cram into schools with vigor to get ahead—and in fact, they even “cram” after school to keep up. The future ahead looks rather interesting for the west as well, as dominance shifts toward other choices for those college students who are depressed, disillusioned, and distraught about their education debts.

Opulent Tutors of Asia

  • Rose Lee – The so called “Queen of English” is perhaps the most popular English teacher in the Asian world. She now makes roughly $6-7 million a year by helping students prepare for crucial exams that can get them into good universities. Through her self-branding and virtual classroom results, she is a true marketing force of the 21st century – shaping the English speaking Asian culture.
  • Woo Heyong-cheol – This man most definitely took hold of the online education craze, and the obsession of South Korean children to study upward of 8-10 hours a day. Woo is a math tutor, but he is not affiliated with anything official.  He doesn’t have to be.  He is a private entity, and his own brand. He made a decent living teaching math afterschool in South Korea, but now provides 50,000 subscribers with tutorials online earning close to $4 million a year.
  • Richard Eng – This man was a teacher for decades before he became a celebrity tutor who makes millions. By word of mouth alone, so many students approached him for private lessons that he set up his first tutoring school.

That school was wildly successful for a small scale outfit, but the magic began when Richard decided he would begin an advertising campaign and create celebrity appearances for himself and his tutors. Fast forward to today, and this millionaire is branching out into Japan and China.

  • Phang Yu Hon – Another titan of tutoring, this private physics teacher out of Singapore had hundreds of students, and will soon have a seven figure income. When he first started, people heckled and teased him saying he was wasting his time. Now his perseverance paid off, and he’s the one laughing.

The Coded Path Ahead

These few tutors are likely just the beginning in a market that is expected to reach $100 billion in the next five years. Through the virtual classroom phenomenon, expect to see massive amounts of tutors who teach everything you can imagine setting themselves up with enviable incomes.

There may be a lull in the west right now, but no one can say Americans aren’t good at branding and advertising.  It may not be long before American teachers, specialists, and experts all head into their neighborhoods and online en mass to copy their Asian counterparts.

LRNGO Launched on 11/11/12

Hi everyone, as most of you know, we dropped everything recently to start this company and implement an idea that we thought might change the world.  The idea is to create a free website that is the first social marketplace of learning – a place where everyone can find each other locally or globally to connect, teach and learn.  As of 3PM today on 11/11 2012, we are now live here at www.LRNGO.com.  It is brand spanking new, so there is no one on it yet, but it is free to use and list.  If enough people use it the first year, we will keep it going.

Use this website how you wish.  If you want to advertise your hourly services to make money teaching what you know, you’re free to do so.  If you want to search for someone near you (or online) to teach you something of interest and contact them, go ahead–there are no restrictions.  If you want to match up and find someone to teach you in return for learning something from you, you can start a conversation.  Check back often as we will be adding a lot of new features.

I believe in the importance of group learning and schools, but true change in education will never come just from within the walls of the classroom. It’s going to come from us – all of us. There’s something we can all learn from each other, and throughout our lives we are all both students and teachers.  Please take a look and spread the word.  Love to all of you.

All the best,
David Brake

Education Going Digital, in More Ways Than One

Those claiming that the American Education system is broken aren’t looking hard enough. It’s not broken, it’s evolving.  It’s molding like water to a punch bowl.  Where universities are offering ebooks, teachers are getting paid online, and innovation is coming from people’s home computers. The dynamic is changing in relation to human progression. One lever of the system can’t be pulled without influencing all others.

For example, the industrialized free market economy based on raw materials is going digital. Where the money goes in America, so also will at least a part of education. Why should students pay huge amounts of interest on loans, when the rich ecommerce venture capitalists they admire say college can be a waste of time? They’re out creating online communities that connect teachers to students and teachers with teachers, sometimes raking in millions.

Deanna Jump and Freelance Education

What happens to teachers when an economy collapses and they find themselves in need?  Apparently, they get crafty, and through fascinating sites like TeachersPayTeachers.com, make decent money on the side. In fact, one extraordinary teacher named Deanna Jump sold her original content teaching guides to hundreds of thousands of people. Why not? Here’s what I find interesting: if one does a search on Amazon for her name…guess what?  They won’t find anything.

Ebooks are going this route as well. They’re condensing from epic novels, to small marketing/branding packages of 10-20 thousand words, and from hundreds of pages to roughly 20-60. Non-fiction ebooks are taking off like a lightning bolt strapped on an outbound meteor.

Laid off teachers, through the 21st century virtual world, are finding that they don’t need to deal with the educational system grappling with fiat currency collapse and social transition. Through solidarity, like farmers markets of the first depression era, people are sharing what they have for reasonable prices without interest, undue fees, greed, or crony capitalism.

Two Ways Teachers are Making Money Online

Teacher to Student

This could be anything from ebooks, to blogging or freelance work. A teacher could compose study guides and sell them on any number of sites that cater to parents of younger kids up through college students. They could get hired by online universities and teach from the comfort of their own home, or hired by individuals and go door to door. In fact, teachers all over the US are not only selling their expertise to students in America, but all over the English speaking world.

Teacher to Teacher

Speaking of which, English teachers are showing teachers in China how to teach English to their students through any number of ways. Through sites like TeachersPayTeachers.com, which has generated over fourteen million dollars in sales/income so far, teachers can empower one another and stay out of the clutches of a generically overregulated system that oftentimes strangles them.

Criticism Coming from the Oligarchs

It seems that this emerging and truly free market digital economic model where teachers aren’t supposed to make decent money is disrupting the status quo. Deanna Jump became a millionaire selling her teaching guides after that same establishment kept her living from paycheck to paycheck. How many teachers’ lives and classrooms did she influence in her spare time?

The top down model is crashing and burning, but as a flower will sprout up through the cracks of a decayed slice of road, human innovation will flourish. Expect to see an ebook by Deanna Jump available on Kindle soon, it’s inevitable. Perhaps a how to guide on making over $700,000 by writing the perfect lesson plan for kindergartners that can be bought all over the world.

She is one of many, a part of entire generations going online to make a living. It’s sad that teachers appear so under-valued in our society, but it’s invigorating and inspiring that they can contribute in new and innovative ways. Hopefully, these kinds of stories will cause a few light bulbs to go off in anyone’s head who has something inside them to teach.

Speaking of that, keep reading this blog.  It’s coming, we promise.  🙂