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.
Spiegel Sohmer is a firm of attorneys offering state-of-the-art expertise to a diversified business clientele seeking solutions that are innovative, concrete, and pragmatic. Our firm groups some forty five attorneys who concentrate principally within three broad specialties: business law (including Intellectual Property), tax law and litigation. Spiegel Sohmer has extensive experience representing companies at all stages of their life cycle, from start up through to exit, and also represents a wide array of investors: www.spiegelsohmer.com
Richter is, above all, a financial consulting services firm offering strategic support and has been a recognized member of the business community since 1926. Richter entire team consists of more than 450 partners, experts, high-level professionals and administrative employees. Because of this collective expertise, our firm has an unrivalled reputation and has earned the respect of the business community: www.richter.ca
Futurpreneur Canada is the only national, non-proﬁt organization to provide ﬁnancing, mentoring, and support tools for every business stage to aspiring business owners and startup founders: www.futurpreneur.ca
La Gare is a collaborative workspace. A place to work, connect and learn in the heart of the Mile End. It is a rallying point for the community. It is a welcoming and collaborative workspace for entrepreneurs, designers, artists, freelancers, social entrepreneurs, small teams and entrepreneurially-minded employees. It also offers close proximity to a dense network of clients, suppliers, partners and collaborators.