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Get rich quick: become an online teacher

Will Oremusv (via Slate/ SMH) | June 25, 2013
How a freelance web developer made $490,000 in just 18 months posting lectures online.

Unlike schoolteachers and professors, Udemy instructors don't need credentials, and you don't have to quit your day job to get started. The Silicon Valley start-up says most publish their first course within two to four weeks, then spend an average of five to 15 hours per month updating course materials and responding to students' questions. They receive some initial support from Udemy and share tips on best practices, but they can craft their own curriculum and teach basically whatever they want.

The company is quick to point out that it's not a get-rich-quick scheme: The average instructor on the site has earned more like $US7000 in total, and only a minority quit their day jobs. "You don't start teaching purely for the money," Udemy spokesman Dinesh Thiru told me. "You start teaching because you're passionate about something." That said, the site is set up to give top billing to its most highly rated classes, which means that popular instructors have a chance to reach large numbers of students - and reap the rewards. That open-marketplace model is in contrast to similar sites like Lynda.com, which produces its courses in-house and sells them via membership rather than a la carte.

When I first heard of Udemy, I mentally lumped it with the MOOCs - massive, open, online courses - that have sprung up in great numbers in the past two years. These include Coursera and Udacity, the rival for-profit start-ups launched by Stanford professors, and EdX, a nonprofit that started as a collaboration between Harvard and MIT. In fact, Udemy stands apart. The courses are not free, the teachers are not affiliated with universities, and the lectures and course materials are served on-demand, rather than by semester. If the MOOCs are disrupting higher education, as the cliché has it, Udemy is aiming to disrupt something less grandiose - night schools, perhaps.

In general, online lectures fall short of a full classroom experience, and I've argued in the past that the MOOCs are better seen as a replacement for textbooks than a replacement for university as a whole. By those lights, Udemy and its kin could be viewed as a 21st-century hybrid of the how-to book and the professional development seminar. Or maybe an Airbnb for career skills instead of accommodations.

Cynics might wonder if Udemy courses are a rip-off, since one can often find similar material for free elsewhere on the Web. Codecademy, for instance, offers a free interactive crash course for computer-programming newbies that covers some of the same ground as Bastos. On the other hand, Codecademy's automated lessons lack the human touch of Bastos' homespun lectures. And Bastos tells me he prides himself on promptly answering all his students' questions, which is not something you'll find on a free YouTube channel. Besides, the cost is hardly exorbitant, particularly given how valuable programming experience is these days.

 

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