Learning how to make more money as a teacher might be one of the reasons you’re reading this blog today. But, let’s bring this article back to the heart of the matter and remember why we got into business in the first place.
If you’re a teacher just getting started in the online business world, or in any entrepreneurial adventure, you should know that you have something important to add to the table in terms of business value.
You may be a teacher at heart, but you also are a great entrepreneur!
Here are some key things to remember as you kick off this next stage in your career.
1. A Teacherpreneur’s goals differ from the typical entrepreneur or business person
A good chunk of people would love to go into business for themselves.
Mostly, we’re all looking to be passionate about what we do; we’d like to be independent as well as generate a healthy income.
However noble our passion and independence may initially be, they can quickly take a backseat to the worry and hustle of generating a profit or at least staying above water.
The value of a teacher-entrepreneur is their firm principle when it comes to going into business for themselves. That principle is to be of service to others; it’s usually the reason they’ve gone into teaching in the first place.
It may be counterintuitive to put profit at the bottom of any entrepreneur’s list and, yes, we want to learn how to make more money as a teacher. But, this principle is what sets teacherpreneurs apart from other business people.
Teachers lean more toward the value of education and (not to sound too philosophical) enlightenment. If they are truly helping people and meeting a dire need in the market, then this is where a teacher will feel fulfilled and be making a true impact in the business world.
2. Your communication skills make you effective and accurate
Ensuring that they are always meeting demand means that an entrepreneur has to consistently stay in contact with his or her clientele. And, when it comes to communication, teachers are naturals.
Not only do teachers have extensive communication experience, but they also have a wide variety of it!
From the young and eager students to the more hesitant teenager (even to the willing intellect that is the grad student), teachers have pretty much seen it all when it comes to language.
Whether a teacher realizes this or not, the single, powerful skill of communicating can put them miles ahead of other entrepreneurs.
The art of communicating is everywhere and in all facets of business—any and every business!
If your vision and needs for the business aren’t clearly communicated to your team—if you have a team—then you’ll never get your business to that very place you’re envisioning.
If you fail to understand and relay what it is that your clientele is looking for, then you’ll, in turn, consistently fail to meet their needs.
A business’s success is largely due to its ability to deliver a clear and concise message. On the same note, a business that can also receive criticism, understand and even anticipate the needs of its market will flourish as well.
3. Teacherpreneurs don’t sell; they educate
If you have kids, or if you’ve ever been a kid (that should cover everyone!), then you might remember countless nights shoveling your way through concepts and formulas you didn’t yet grasp.
You might also remember those times when a teacher was able to walk you through them step-by-step until you did understand. (Trust us – your teacher felt just as much satisfaction from your “lightbulb” moment as you did.)
We can, many times, get the impression that salespeople don’t necessarily need to believe in what they’re doing to sell. It’s their job.
Teachers, on the other hand, can show you just what kind of value a topic, product, or service can add to your life because of their ability to – you’ve guessed – teach!
There’s a great difference between selling and educating, in this instance. Usually, the latter comes with a sense of empowerment from the student (or potential client).
That being said, teachers have the uncanny ability to make you (as a student or client) believe not only in what you’re being taught but also in your own ability to make things happen for yourself.
Related article: Why Teachers Make Some of the Best Entrepreneurs
4. Teachers can easily handle going off-script
In the academic/education field, it’s all too common to go “off-script”.
Imagine, you have your course outline planned out for the day. A student—say, one who usually doesn’t share ideas and is feeling particularly inspired about a subject—brings your topic of discussion to a whole other angle that you hadn’t even considered.
Would you try to bring this student back to your direction for the sake of the class schedule, or would you let your student build on this newly found idea? (No need to answer this question, right?)
In fact, most teachers, especially those who are seasoned, come to class prepared with a framework rather than a detailed and extensive outline.
Not sticking to the original “business plan” doesn’t bother you at all or take you by surprise anymore. In fact, you might thrive on this veering of ideas and perspectives.
We can get even more philosophical here and say that life, especially business, is just one big classroom.
Part of the “risk” of taking on or starting your own business is the unexpected. Most people would rather stay at a job where you come in knowing your task and expecting a paycheck at the end of the day simply because you’ve completed it.
Teachers, however, go into their jobs expecting different perspectives, ideas, opinions, and even temperaments.
Can you imagine the value in bringing the skill of mediating a classroom and organizing various ideas from different people into a business?
Most people, especially if it’s their first time in business, would panic at any change and unexpected situation. Teachers, on the other, simply scoff and roll up their sleeves.
5. They are a strong example of mentorship
There is no question as to this last reason for becoming an entrepreneur if you are a teacher. The world sorely needs your leadership.
In an economic world where the only thing that seems to be valued is the bottom line, the business market can certainly benefit from a teacher’s perspective and value system.
Related article: How Rocky Biasi Went from Teacher to Accidental Counselor
If you want to become outrageously successful and financially wealthy, then, in all honesty, you don’t become a school teacher.
This is exactly why we need teacher-entrepreneurs. They go into their work with a purpose in mind, their only bottom line being the success of their students and the value and positive change that knowledge can bring.
The job market seems to be getting more and more volatile with big corporations cutting benefits and pensions for the sake of their profit margins.
Business seems to be, more than ever, riddled with the principles of bureaucracy and politics rather than purpose and service.
A teacher can begin to change the business economy not because of skill but because of passion and a need to do what is right. Contrary to popular belief, doing the right thing is how you make more money as a teacher.
Every single entrepreneur started out with merely a vision. You’d be surprised (and a bit relieved) to know how many business people aren’t necessarily “business savvy.”
Don’t take for granted your ability to turn that vision into a reality – not just for yourself, but for all the people who your business will positively impact.
Whether you realize it or not, you, as a teacher, were made to be more than just an educator. Your leadership is what it takes to run a great business!
Want to learn how to automate, delegate, be more productive, enjoy life, and boost your profit? Check out our high-level mastermind for educators.