Top 10 Udemy Instructors Earn $17 Million From Online Courses

If you were still left wondering if there was any money to be made in creating online courses just ask any of the top earners on Udemy.

In a PRNewswire article released by Udemy on the 26th of February 2015, it was reported that their top 10 instructors generated between $500,000 and $8 million in earnings. Now that’s more than just a little pocket change wouldn’t you say?

You can read the whole article here.

Now this post is not about promoting Udemy, there are many other emerging platforms out there that may well serve your purposes better. This post is all about the earning potential of online courses.

What must be understood is that instructors on Udemy and other platforms are making an incredible residual income simply by sharing their knowledge.

You may be put off by the  technical aspects of creating a course, or the cost of equipment. But I ask you, would you be willing to spend a few hours learning how to create and record a PowerPoint presentation if the prize was a healthy ongoing residual income?

And would it sweeten the pot if I could show you how to create an online course on a shoestring budget. I definitely didn’t have money to throw around when I first started out.

These are truly exciting times for aspiring instructors. The online education market is still well and truly in it’s infancy.

This is only going to get bigger, and if you want a piece of the pie it’s there for the taking!

So, I hear you asking, “Who’d want to learn from me?”, “What skills can I teach?”. All I can suggest you do is jump onto Google or the Udemy website at www.udemy.com and start searching for courses in your area of expertise or interest. Udemy is the largest online education marketplace, boasting 3 million students, over 8,000 instructors and courses covering hundreds of topics.

The good news is creating courses is really very simple. Like everything there is a formula to putting a course together and once you know the steps it’s as easy as A, B, C.

Do you currently teach skills face to face? Can that be transformed into an online course and made available worldwide?

Do you have a special talent that amazes family and friends? Create a course and show the world!

You really are only limited by your imagination.

The bottom line is that online education is a growing industry that anyone can get into. You don’t have to be an expert or a scholar. You just need passion and a desire to help and teach others.

Don’t get tied up about the technical stuff, I’m here to help you with that.

In fact, if you’ve got a question why don’t you pop it in the comments box below.

I’d really love to hear from you.