Topic: Help me analyze the feasibility of this business idea - page 3. (Read 811 times)

The reward in teaching isn’t always in the salary you’re paid, these I have known from experience and those of others. If you have the grace to live long, you might as well get to witness the success of the people you’ve brought up and they may be the once to support you or maybe aid your wards in the times of need.

It’s no doubt that, teaching could be exhausting with having to prepare lesson notes, following the educational curriculum and your required to do extra work to ensure your students come out amongst the best in national and internal exams.

In all that, you can also create time if you will. There is always free time for leisure and if you will it, you can create that time for your online activities.

One thing I can tell you about this is,
If you’re afraid of the competition, you can never succeed in your field of business or investment.
You have yo recognize that, there are always those that might best you in whatever you choose to invest in or run as a business. Start and push for better, not minding the competition but instead, use it for a motivation to improve yours.

You have a unique idea, build on that. It’s your trick for success.

One thing about your two option is that you can schedule your self and do all little by little all at ones and it will help in increasing your financial income, since you are passionate about teaching you can get your self a teaching job and doing youth passion which will give you more comfort than the salary that you are going to receive, and teaching Job is always like a part time job which now give you the opportunity for the next one.

You can also be doing crypto which you don’t require to leave your teaching job this is a digital world and all goin need is just your internet enable device and you can access your crypto portfolio where ever you are and do your crypto activity in which ever way you want to earn from it.

For the graphic you can also be running it as part time job when ever you have a free time you will just use them to run your design that’s if you have one available, this period you don’t need to be in a physical shop first before you can engage on a design Job, you can market your self online and you will be contacted and you will have to agree with your client when you will be able to deliver their work to them.

I don't think being a teacher is a bad thing. Even though the salary you get is not too big, at least you can get a regular income every month. Apart from that, it would be a shame if the knowledge you have in the fields of mathematics and science becomes useless. So, in my personal opinion, it would be better for you to try becoming a teacher first and maybe later there will be a salary increase. Because to be honest, the country where I live is also included in the list of countries with the lowest teacher salaries. But what I know is that the teachers in the country where I live can still be said to be very prosperous and prosperous in terms of their financial affairs. So is it true that the salary of a teacher in the country where you live cannot support a person's life very well? And if you wish, you can check the link below to see if your country is included too. Then if it is not included, you should try to become a teacher. Because being a teacher is a very noble job.

Actually, these skills that you have can be done and carried out simultaneously with becoming a teacher. Because you can schedule the computer courses you want to run on school holidays. In addition, if you are already a teacher, it will make it easier for you to get customers or students for your computer courses. Because what is certain is that if you become a teacher, the confidence you have will definitely be greater. And you can promote your computer courses to students at the schools where you teach. So with that, I'm sure it will be a brighter idea. Because the point is that you can get regular income and side income.

Everyone who does their job certainly hopes for an income that can meet their needs, but if in one field of work they cannot meet their needs, I think it would be better to do several types of work and if they can spend time on crypto or other things, there is a possibility that they will be able to fulfill their needs. the needs he wants. Yes, you are right, depending on just one type of work, it will be difficult to meet the needs we need.

In my opinion, some people who pursue education do so because it is a field they really like and there are also those who just because after completing their education they feel that this field will give them a decent job, but the reality that happens after they complete their education is very different from the education they received live it.

If everyone think like this that salaries are not enough then i think there will be no teacher in future therefore you should accept the salary which your desire school offers to you and join some other field too for performing another good salary job. Its not only teaching but every job cannot give you enough money to easily fulfill your needs but issue here is not salary but the main issue is inflation.

If you cannot give time to crypto then hold some beneficial Coins that can give you much profit to accommodate daily expenses. In morning do you job and at night give time to crypto because just trading is not the way but you can also join some bounties and if you solely depends on crypto then it is also not a wise idea.

If no one accept the field of teaching due to less income then why we are getting education if we cannot spread it among others and then think that those who teach you were also humans who spend their lives with such a low salaries.

All of this aligns with your current situation, and you are the one who knows your circumstances best.

For option one, you can kick it off on your own, and you'll still have some time to dedicate to other endeavors, like keeping an eye on the crypto market or perhaps starting something that could yield future profits, such as becoming a content creator. As long as you have the skills, your well of content ideas won't run dry, and staying informed about the crypto market might only require about 30 minutes a day to keep up with the latest information.

As for option two, it demands a substantial network and initial capital. You're essentially starting a new institution, and building your reputation and making your presence known will require a significant amount of time and extra effort. It's a great long-term play because, once it's on autopilot, you can relax. However, remember, the process will be quite lengthy.

Considering my own perspective based on my current situation, I lean more towards option one for now. Nonetheless, it's important to prepare for any projections you might have for the future.

The kind of method where education was more focused on the end results and a good score on the test has been happening for a long time in my country. I don't think it's merely teacher's will, they may be encouraged by the school, because in here when the school has students that has great score in a national test the school will be viewed to have more prestige.

Working as a teacher, well, I know it comes with some work loads that would be taking your time, because definitely, as a teacher, you have to also keep studying and improving yourself to face the students. If you also go by the second idea, which I think is pretty good, it will still take your time, but in that case, you are the boss of the business, and you can always manage your time better than if you are working for someone, which will require you to be very dedicated. I do business, and it doesn't really distract me from also focusing on my crypto investment. I know some of my friends who are working with some company or the government leave their house from 7 a.m. to 4 p.m. from Monday to Friday. Some of them that are working for a private company are even closing by 5 or 6 p.m., and the worst part is that even during the weekend, they might still be busy with some work that concerns the company they are working for. I am boss of my own, although I also have a company I am also working with as marketing personnel, for which I get paid in percentage immediately I sell a product. I don't bother much about the job because I give more priority to my business, and in the job, I am paid based on the products I sell for them, so there is no penalty even if I don't sell, the reason being that I will not also earn anything if I don't sell any products.

The second option can't be taken without sufficient knowledge in the field of tech. You're going to set up a teaching institute, and I know you're not going to be the only person to teach in that learning center you're building but as its founder, you'd have to set an example and a guide with which your peers would follow you. So minimal knowledge wouldn't cut it. If you want to teach people in tech, you have to get balls-deep into it.

On the other hand, I don't think your issue with the option's THAT massive, if it's time you're worried about I'm pretty sure you'd be able to make time for it, especially if it's something as easy to do and manage as trading and investing in cryptocurrency. No matter how time-consuming your job could be, all you really need to do is fall upon a schedule and be disciplined enough to follow through with it.

Any earnings, I suggest diversifying. let there be training, let there be cryptocurrencies, let there be outsourcing and development for "big data" or "neural network" tasks. No one says that you should give 100% of your time to training. Do not dissipate your strength and knowledge !
For example, training - I would distinguish here 2 directions - preparation for final exams and for admission to higher educational institutions. It does not take up all the time. allows you to choose 2-3 students who can pay well. It will take conditionally 1/3 of your time to work but will form for example 50% of your total income. 1/3 of your time will be devoted to cryptocurrencies, 1/3 to development. There may be seasonality in these areas - adjust as you see fit. Perhaps something over time will develop into the main channel of income, but do not neglect the "secondary" - it is a reassurance and additional income

You can do them at the same time but it's better to initiate with any of those plans first and do it accordingly. Don't think about the competition and just execute any of that plan and let yourself handle it when you're already there. These worries will stop you from executing any of these plans and might just let you stuck to the thinking that you shouldn't do any of it. But if you do really like to teach, there are companies that allow you to do that part-time and while you're establishing that institute, you can do a step-by-step procedure until you establish the other.
At the end of it, this is the main point. You'll never know the result of any of them if you're not going to try it. In teaching, you don't know what's waiting for you and the people that you'll meet might have connections to help you pursue your #2 plan and the same goes for that 2nd plan of yours. You know that there are a lot of mysteries that we can't solve for our personal issues, dreams, and goals if we're too afraid to start one. Let your worries do all the things later and we're natural problem solvers when we're already dealing with it. So, my farewell message to you is to overcome your worry and like the famous quote from Nike, "just do it".

Exactly, Someone should follow their heart. Everybody has their own interest and this can give them motivation to improve their abilities in that certain sector. Also we should keep in mind that everything is changing very fast. It seems times have become shorter and if we can not catch something earlier then we should consider missing the train. We need to be adaptive as well so that we can suit our abilities in this forever changing world.

This is very true, working in a field that you hate will not end up making you richer, it just not possible. I think it is smarter to love what you do because that would make it so that you do not hate your jobs and you do what you want as long as possible.

Just like everyone always says "if you love your job, you do not have to work one day in your life" it is a cliche sentence but it is very true. I love my job, I think I would do this for free, it is very very fun, maybe I wouldn't work this long, but I would still do it no matter what, and that means that I get to have fun while earning money as well. I look at all my friends, and there are only a few of them who likes their job, and they are the rich ones, because they like their job.

If you are truly an education enthusiast and are able to provide educational support for one of the academic levels, then you can certainly succeed in working on both projects simultaneously. This falls within the framework of exploiting skills to diversify sources of income. There are only some differences that you must be aware of before you start choosing, especially those differences between real education (department and students) and online education, because they both have their own characteristics, including advantages and disadvantages.
I worked in teaching for a short time and was surprised by how difficult it was and quickly became convinced that I could not continue doing it. At the same time, I know of many successful examples.

I agree with you that teachers' salaries are low. If your profession provides you with a salary, you can try to teach the subject that will benefit you the most in the time you have left. If you have limited time and can't spare time for online education, you can only find out if this is true by experimenting. Maybe when you start doing this job you will learn that you can actually make good use of your time. So if you are interested in this business, I recommend you to start something you love and do it as a side job.

If I understand what you are saying correctly, you are trying to spend the rest of your time teaching something you love, but you are hesitant about time. I think you should choose the one you like the most between these two subjects and start.

I love the idea of a teaching career because I understand this one a lot. To make it into a business, you could start your own school and hire other teachers over time, build an online brand over it. I don't mean an official school, with the licensing and tons of kids. I mean more like those English language schools, you know, where some people have group lessons, some have private lessons, but it's all a matter of private additional education rather than a substitute for proper official education. Depending on where you live, you might even simplify this by making your school 100% online, so you don't need to worry about accommodation and can reach more people who live in different cities.
If it's your own business, you can decide how much time and effort you put into it and how much is left for cryptos. And eventually, you can also try making a course on blockchain, perhaps, who knows.

Your first in wanting to go into schooling and at the same time doing a business, is something that you will find a good level of difficulty.
because as a businessman you are always occupied with your business, you always want to check your profit margin your products if they are coming and how well you are selling your products, on the other hand merging it with schooling is very difficult. why did I say so,  schooling will take your time especially when you are studying science related courses, you will have to involve your energy, your time and your intellect. so you will have to do one to leave the other, because combining the two is a task that is too Hercules.

Your second option of starting a computer training lessons for teenagers is something that is what while, even if there are other person's that have similar thing doing within your environment. Don't bother about that, just come with your own uniqueness, since you know what you have to offer.

In my opinion, the job of a teacher is not difficult and does not require energy, and as long as you like it and consider the teacher's job as an unsung hero, then you will not feel tired.
And many teachers nowadays have side jobs because they feel they still have a lot of free time after teaching, and I think it would be best for the OP to do both, just set the time to do the second job. Since there is still time after teaching in the afternoon or evening and both jobs do not require energy, I think both can be done.
And you can still invest in crypto even if you do both, because you still have plenty of free time to open your laptop, computer and cellphone. Since OP is so young, I think she can do all that, and even more.

Well what you said is very good, why do we have to choose one, when we can do everything simultaneously? It has a lot to do with our intentions and also time management that must be very well organized. Maybe it will be a little tiring, but now if we are defeated by fatigue then we will never be able to progress. Moreover, what OP wants to do is not heavy work that must consume energy, but focuses more on brain performance.
If we are faced with 2 choices, but the 2 choices can be done simultaneously, then the best choice is to do both.

Looking to teach science related subject is good, teaching is a noble profession, but asides the very poor salary for teachers in some countries, the satisfaction some teachers get for still teaching is that they are educating the future generation. There is a better satisfaction that you can get and that is teaching and knowing that by doing so, your knowledge is increasing, and you are creating opportunities for yourself from the increased knowledge that you are getting too. You can get this from teaching Tech, and we know that the knowledge of tech is becoming more important and people who have these knowledge are highly sort after.

Your unique idea will be your competitive advantage, you do not need to be bothered by that. If you cannot get a better place and have to use the place that you already have competition, focus on your business and offer better services.