In conjunction with the burgeoning online education marketplace, Silicon Valley graduate, Udemy continues to expand. According to a recent announcement, however, they’re not the only ones raking in the benefits. A few months back the company said its top earning instructors were making six-figures simply by teaching courses on the online education site. As it turns out, a good number of their peers are pulling in impressive numbers as well.
The company recently told GigaOm that a quarter of its approved instructors will close out the year with at least $10,000 in income from courses purchased on its site. According to the article, “The company declined to share the total number of instructors offering classes on Udemy but said the figure has climbed 300 percent in the last year. About 60 percent of all instructors on the site are “approved,” meaning their courses meet a checklist of standards and can be searchable by students online. The site has attracted about 400,000 registered students, which is about a 520 percent increase from last year.”
While the most profitable courses tend to fall in the technical realm (Microsoft Excel or Python), instructors teaching courses on topics like yoga and cooking can make their fare share as well. Photographer David Nightingale, for example, has made $31,000 in just four months with his “art of black and white photography” course, suggesting that if a Udemy course is made well, it can attract a large audience.
To learn more about Udemy and the success of their instructors, click here to read the full article on GigaOm. If you are interested in teaching or taking a course on Udemy, check out their website for more information.
Microsoft BizSpark - Microsoft BizSpark is a global program that helps software startups succeed by giving them access to Microsoft software development tools, connecting them with key industry players, including investors, and providing marketing visibility to help entrepreneurs starting a business. Microsoft BizSpark is a worldwide partner of the Founder Institute, providing software, support, facilities, and mentoring to many entrprenuers within the Fouder Insitute network. Learn more about our partnership here, and sign-up for BizSpark here.
Clifford Chance is one of the world's leading law firms, with 33 offices* in 23 countries and some 3,200 legal advisers. www.cliffordchance.com
Sanoma Media is a media company that crosses frontiers, with her expertise, creativity and appealing content Sanoma creates the right context for advertisers to achieve their objectives. Sanoma Media Netherlands B.V. is a part of the Sanoma Group, an European mediagroup operating in several media sectors in twenty countries www.sanomamedia.nl
V-Ventures is a holding company with a portfolio of Dutch investments geared towards news- and information supply and management www.v-ventures.nl