If you are looking for how to make money on Skillshare, then you have come to the right place.
One of the best ways how to make money on Skillshare is to become a teacher on the platform.
Once you have created your lessons, there are then three ways how to make money on Skillshare – and don’t worry, this does not mean spending weeks finalizing lesson plans.
The great thing about Skillshare is that short and sweet is better.
Plus, you do not even need to be making content every few weeks to earn some extra dollars a month.
Still interested? Then read on to find out how you can make money on Skillshare.
Why Make Money On Skillshare?
Making money on Skillshare is a great way to supplement your monthly income. It allows people to pay their rent by just posting a single video for their students.
In fact, the top teachers on Skillshare often make over a thousand dollars a month.
However, take note of the ‘top teachers.’
At first, you may not receive this kind of money, but if you work at your Skillshare teaching, then there is no doubt that you can get there.
So put the time and effort in now, and reap the rewards later.
If you have a skill that you want to share with students, then now is the time to do it.
Ways To Make Money On Skillshare
Here are our top three ways to make money as a teacher using Skillshare:
Create A Class
To make money on Skillshare, you will want to create a really good class.
Not every Skillshare class is created equal. You will want yours to be full of top-quality information, engaging and useful, with an interesting class project.
Anyone can come up with their own class. What makes yours stand out? Is it too long?
A teacher earns money by the minutes watched on their videos.
For example, the average money made per minute watched is $0.05 to $0.10.
If you have 1,000 students watch your video, then all they need to do is watch 10 minutes of it for you to earn from $500 to $1,000. (Check out ‘How Do Skillshare Teachers Get Paid?‘)
This could pay your rent for the month, or you could save it up to use on a vacation.
The choice is yours.
Do note that this information could change, so check the Skillshare Handbook for up-to-date info on online course creation.
Make Money From Old Classes
It does not matter how old the video is, you will make money from every single minute that is watched.
This means that even if you posted a video two years ago, you will earn money from it.
There are a lot of teachers who do not post a video for a whole month – maybe they are on vacation – yet still earn a whopping thousand dollars.
The older videos are still being engaged with by new students, and that is one of the best ways how to make money on Skillshare.
This means that you will be able to make passive income for months, if not years.
Grow Your Channel
You will want to grow your channel over time.
This actually makes it easy to make money, despite only having less than 500 people watch your first class.
Skillshare has been particularly designed for bite-sized classes to be shown on a regular basis.
You also get rewarded for doing this because followers will get an email notification for every new class posted.
This means that this will engage students to watch a video, which will in turn rack up the minutes spent on their online education and increase your Skillshare earnings.
Also, newer students will find your old video courses and you will get a financial boost from that.
Membership Percentage
Another thing to note is that premium students pay for a membership on Skillshare.
They either do this monthly or annually – but what it means is that they have to pay money to have access to the whole platform.
Thirty percent of the revenue from memberships is put into a royalty pool each month to pay the Skillshare teachers.
However, free Skillshare classes and any non-premium student do not earn you money towards these payments.
Use The Referral Link
While this one is not the most lucrative, it is one way how to make money on Skillshare.
You will receive your very own referral link for other people to use the platform.
For each new signup, you will receive ten dollars.
If you get 10 people to use your link, then that is one hundred dollars.
How Should A Skillshare Teacher Design Their Class In Order To Make Money?
If you are serious about making money on Skillshare, then there are a few tips you should know to make sure that you are successful.
Getting your videos off the ground can be a challenge, but once you start seeing that students are watching your videos, then the money will begin to flow into your bank account.
- Keep the videos short – 25 minutes and shorter is the best way to keep them engaged.
- Make the videos worth it – you know the subject, so make it valuable to your students.
- Sign up at the start of the year – a lot of people will be looking for online courses to boost the new year. They might have resolutions that they would like to kickstart in January.
- Know your craft – make sure what you teach on Skillshare is something that you know inside out. The students will be willing to watch your videos if they know the subject well.
Final Thoughts
If you are looking for how to make money on Skillshare, then the best way is to use the platform to teach students.
Some of the top teachers make up to a thousand dollars, if not more, a month.
Teaching on Skillshare is a great way to supplement your usual income. (See also ‘How Much Do Udemy Instructors Make?’)
You can also make money on old videos too, even if they are over a year old.
So long as students are watching them, the money will be earned.
You will find that it is really easy to teach on Skillshare and make money using the Skillshare platform.
