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.
- Founder Night Out
2014-12-04, 07:00 PM
Sheppard Mullin is a full service AmLaw 100 firm with more than 600 attorneys in 16 offices located in the United States, Europe and Asia. Founded in 1927 on the principle that the firm would succeed only if its attorneys delivered prompt, high quality and cost-effective legal services, Sheppard Mullin provides legal counsel to U.S. and international clients. Companies turn to Sheppard Mullin to handle a full range of corporate and technology matters, high stakes litigation and complex financial transactions. In the U.S., the firm's clients include more than half of the Fortune 100 companies.
Elance-oDesk is reinventing the way we work. Today, more than 2 million businesses tap into Elance and oDesk to find, hire, and pay the world’s best freelancers, making it easier than ever to build successful companies and thriving careers.
North America's leading provider of Property & Casualty claims management solutions