Help me analyze the feasibility of this business idea

[DrBeer]

I was thinking of a possible business/work to start that will still give me the chance to do my online stuff and of all the things I thought of, these two seem to stand out.

1. I'm good in maths and science-related courses and have always loved teaching; my initial plan as a young person was to enter fully into the teaching profession when I grew up. But now I have grown to know how much teachers are paid and the fact that a single source of income isn't enough to sustain one in today's world and I'm looking at the possibility of doing a teaching job which is what I'm passionate about and use my remaining free time to focus on my crypto and other online stuff that I'm into. My issue with this is that some schools can be engaging and might not give me breathing space to face other stuff.

2. The other option I'm also considering is that, since I have basic experience in graphics, and also have little tech knowledge, I can start up a computer institute where I will focus on training young teenagers on the foundation of basic computer operation, graphics, some tech-related course and also use the working environment to conduct private lesson for them. My issue with this option is that there are people already using their cafe for computer training in the area where I intend to start this business so my fear is how best I can manage the competition although I have a unique idea that is different from what those existing cafes are doing.

Your little advice will go a long way!

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

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[panganib999]

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.

[Dr.Bitcoin_Strange]

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.

[icalical]

But now I have grown to know how much teachers are paid and the fact that a single source of income isn't enough to sustain one in today's world

The part when you say that salary from teaching will not be enough for everyday life is a bit sad actually, I thought it's only happening in my country, yet I am wrong.

I think this may depend on the area and whether you are an elementary or middle school or college teacher. In my country, many teachers have very low salaries and struggle to take care of their families, even forcing them to find other part-time jobs like what you and the OP mentioned. But besides that, many teachers have quite good income, in addition to income from school, they also open classes at home and have many students come to study. They don't even have time to rest and of course their income is huge.

In my country, teacher salaries are also low, so many teachers have to make money on the side by doing business, there are also those who sell online and quite a few are now taking advantage of developing technology such as YouTube, Facebook and TikTok. to become a content creator.

This is very different from developed countries where teacher salaries are the second highest after doctors and paramedics. Yes, in my country. The second lowest number is like disrespecting teachers. So this is the fate of the nation's children who do not give birth to intelligent people. The government should set teacher salaries because one of the reasons why great people are born is also because there are teachers who educate and teach. So we hope that in the future teacher performance will be increasingly appreciated. Sorry I vented, I talked like this. Coincidentally, my older brother is a high school teacher, he also earns extra income by giving private lessons and selling online too.

Education is the foundation that helps evaluate whether a country's economy is developed or not, the future of the country depends entirely on education. So it's terrible that many governments still don't see that importance and look down on the education sector. In my country, education is also gradually declining as schools and teachers begin to care more about students' achievements than their actual learning abilities. This is really alarming for the future of the country but it's too bad that the government doesn't see it and it's going downhill day by day.

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.

[bayu7adi]

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.

[MFahad]

1. I'm good in maths and science-related courses and have always loved teaching; my initial plan as a young person was to enter fully into the teaching profession when I grew up. But now I have grown to know how much teachers are paid and the fact that a single source of income isn't enough to sustain one in today's world and I'm looking at the possibility of doing a teaching job which is what I'm passionate about and use my remaining free time to focus on my crypto and other online stuff that I'm into. My issue with this is that some schools can be engaging and might not give me breathing space to face other stuff. 

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.

[barisbilgili]

1. I'm good in maths and science-related courses and have always loved teaching; my initial plan as a young person was to enter fully into the teaching profession when I grew up. But now I have grown to know how much teachers are paid and the fact that a single source of income isn't enough to sustain one in today's world and I'm looking at the possibility of doing a teaching job which is what I'm passionate about and use my remaining free time to focus on my crypto and other online stuff that I'm into. My issue with this is that some schools can be engaging and might not give me breathing space to face other stuff. 

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.

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.

[Gallar]

I was thinking of a possible business/work to start that will still give me the chance to do my online stuff and of all the things I thought of, these two seem to stand out.

1. I'm good in maths and science-related courses and have always loved teaching; my initial plan as a young person was to enter fully into the teaching profession when I grew up. But now I have grown to know how much teachers are paid and the fact that a single source of income isn't enough to sustain one in today's world

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.

List of 5 Countries with the Lowest Teacher Salaries in the World

Source: https://betv.disway.id/amp/19391/daftar-5-negara-dengan-gaji-guru-terendah-di-dunia-ternyata-indonesia-termasuk/16

2. The other option I'm also considering is that, since I have basic experience in graphics, and also have little tech knowledge, I can start up a computer institute where I will focus on training young teenagers on the foundation of basic computer operation, graphics, some tech-related course and also use the working environment to conduct private lesson for them. My issue with this option is that there are people already using their cafe for computer training in the area where I intend to start this business so my fear is how best I can manage the competition although I have a unique idea that is different from what those existing cafes are doing.

Your little advice will go a long way!

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.

[Ever-young]

Your little advice will go a long way!

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.

[Smartvirus]

1. I'm good in maths and science-related courses and have always loved teaching; my initial plan as a young person was to enter fully into the teaching profession when I grew up. But now I have grown to know how much teachers are paid and the fact that a single source of income isn't enough to sustain one in today's world and I'm looking at the possibility of doing a teaching job which is what I'm passionate about and use my remaining free time to focus on my crypto and other online stuff that I'm into. My issue with this is that some schools can be engaging and might not give me breathing space to face other stuff.

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.

2. The other option I'm also considering is that, since I have basic experience in graphics, and also have little tech knowledge, I can start up a computer institute where I will focus on training young teenagers on the foundation of basic computer operation, graphics, some tech-related course and also use the working environment to conduct private lesson for them. My issue with this option is that there are people already using their cafe for computer training in the area where I intend to start this business so my fear is how best I can manage the competition although I have a unique idea that is different from what those existing cafes are doing.

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.

[Alpha Marine]

I know teachers that have two or more sources of income. Although you didn't explain the skills you have and the kind of things you want to do online, I believe you can do both.
You can be a classroom teacher and also have a computer center where you train people on whatever skills you have.

It's obvious you like teaching because both scenarios involve you teaching, but it seems you like classroom teaching more because from your post if the salary of a teacher was very good you won't think twice. Unfortunately, we live in a different world.
A world where the things you have passion for might not always bring you the kind of money you want.

So I'd advise you to do both. You can be a teacher who works only on weekdays and closes by 3 p.m. and has the rest of the day to pursue other stuff that can generate income.
You have to understand it's not going to be easy so you have to be ready for the workload that comes with it.

[Zlantann]

I was thinking of a possible business/work to start that will still give me the chance to do my online stuff and of all the things I thought of, these two seem to stand out.

1. I'm good in maths and science-related courses and have always loved teaching; my initial plan as a young person was to enter fully into the teaching profession when I grew up. But now I have grown to know how much teachers are paid and the fact that a single source of income isn't enough to sustain one in today's world and I'm looking at the possibility of doing a teaching job which is what I'm passionate about and use my remaining free time to focus on my crypto and other online stuff that I'm into. My issue with this is that some schools can be engaging and might not give me breathing space to face other stuff.

Following your passion gives some level of satisfaction that money cannot buy. So I will encourage you not to abandon the teaching profession because it is your calling. Mathematics and science teachers are in high demand so you can select a school that will not be too burdensome. There are schools where you have to teach many classes or subjects which will make you have limited time to focus on a side job. It is important to seek jobs in schools that will be flexible or possibly look for a part-time teaching job. Part-time teaching will give you more time to engage in other ventures.  

2. The other option I'm also considering is that, since I have basic experience in graphics, and also have little tech knowledge, I can start up a computer institute where I will focus on training young teenagers on the foundation of basic computer operation, graphics, some tech-related course and also use the working environment to conduct private lesson for them. My issue with this option is that there are people already using their cafe for computer training in the area where I intend to start this business so my fear is how best I can manage the competition although I have a unique idea that is different from what those existing cafes are doing.

Your little advice will go a long way!

This is also a very good idea because many people will be interested in learning computer graphics due to its relevance to the computer ecosystem. Your target shouldn't just be people in your area. It is also possible to attract students from outside your local or even your country that you will teach graphics through online platforms like social media. You don't need to be scared of competitors because they will always be around. But you have to constantly consider your strengths, weaknesses, threats and opportunities periodically. You can also check several online job platforms and apply for graphic jobs.

[gunhell16]

1. I'm good in maths and science-related courses and have always loved teaching;

Here's some advice you should seriously consider: it's tough to excel in a job you don't have a passion for. It should be all about your passion rather than just the paycheck. But, I get it – you've mentioned that the current salary of teachers in your country doesn't quite cut it. In that case, I'd recommend exploring online teaching. With your passion and teaching expertise, I'm confident you'll find some attractive opportunities on the web.

Since you brought up teacher salaries, would you be willing to share the typical figures for their salaries? Also, it would be helpful to know what you're aiming for in terms of salary. This way, we can get a clearer picture before diving into more specific suggestions.

According to what I can tell from this, the man in the OP appears to be diligent, and it is clear that teaching is his true calling. Additionally, he made it possible for him to develop other abilities outside of his primary occupation as a teacher that he wishes to use and benefit from.

And from what I can tell, he claims that even in graphics and technical courses, he can benefit from what little he knows about his computer skills. Since we are online, we use computers, and there is also something technical in what we do here, I believe his computer skills, graphics, and technical knowledge will aid him when he actually enters the Bitcoin or cryptocurrency company.

[romero121]

1. I'm good in maths and science-related courses and have always loved teaching;

Here's some advice you should seriously consider: it's tough to excel in a job you don't have a passion for. It should be all about your passion rather than just the paycheck. But, I get it – you've mentioned that the current salary of teachers in your country doesn't quite cut it. In that case, I'd recommend exploring online teaching. With your passion and teaching expertise, I'm confident you'll find some attractive opportunities on the web.

Since you brought up teacher salaries, would you be willing to share the typical figures for their salaries? Also, it would be helpful to know what you're aiming for in terms of salary. This way, we can get a clearer picture before diving into more specific suggestions.

According to what I can tell from this, the man in the OP appears to be diligent, and it is clear that teaching is his true calling. Additionally, he made it possible for him to develop other abilities outside of his primary occupation as a teacher that he wishes to use and benefit from.

And from what I can tell, he claims that even in graphics and technical courses, he can benefit from what little he knows about his computer skills. Since we are online, we use computers, and there is also something technical in what we do here, I believe his computer skills, graphics, and technical knowledge will aid him when he actually enters the Bitcoin or cryptocurrency company.

Having the mathematical and graphical skills were really great. He should consider a thing primary source of earning and further spend time to explore and find the opportunity to grab some additional earning through platforms like Fiverr or similar things. At the initial days this could be little difficult, over time this will give him good income based on the way he completes the work.

[BRINIRHA]

Being a teacher is actually not as busy as you imagine. My husband used to be a teacher at a large school. While teaching he helped me build a business. coming home from teaching he helps me and he also likes to look for opportunities online. So in the end our business grew and in the end my husband decided to quit teaching. And he became more focused on the business that we now run. But the essence of my story is that being a teacher actually won't take up much of your life. You will still have time to do side jobs. Both offline and online. It's just that you have to be really strong mentally. Because usually after teaching my husband also likes to complain about feeling tired and weak. Because according to him, speaking in front of many people (students) is more draining than working with muscles in the field. Maybe it means he became mentally tired.

[karabiber]

Most of my teacher friends around me are doing the first option. They have to do it because of the low salaries but since you say that you are good at math and science, the first option is very attractive for you. If you concentrate on math and science tutoring, i am sure the money you will earn will satisfy you. I know teachers who bought their houses and cars by giving private lessons. Not only do you continue your teaching profession but you are always a fit teacher with the lessons you give. In my opinion, i think you should proceed from the first option and make a name for yourself and move forward. In this way, in the future, this business can lead you to establish a training center. We are now in the computer age and learning basic computer learning and graphics is much simpler thanks to tutorials. Instead, it would be much more financially beneficial if you learn software yourself and focus on this field and develop your education in software. However, your ideas are valuable and i hope you can realize them.

[KiaKia]

Whether you like it or not, technology owns the future in today's world, whatever you plan to do make sure it has something to do with tech, the world is becoming more advanced and we are gradually leaving behind the old way of living, finance related is now more into technology than ever before, if you ask me where billions of dollars will be going in the future it will be into technology, web 3, mate verse, artificial intelligence, you name it, this is what I believe will reign big in the future.

I like been the boss of myself, I don't line working under anyone and that's why I am able to survive in this harsh country I am living in, if I had followed the same way my elder brothers in the family did I would be regretting right now, technology is the future of finance, simple.

Learn skills in these categories and you will be doing so well in the future, there will always be masters and bosses hiring people in this field, trust me, even teachers in schools today are now getting paid doing online jobs than their local school teachers jobs.

[Davian144]

Having the mathematical and graphical skills were really great. He should consider a thing primary source of earning and further spend time to explore and find the opportunity to grab some additional earning through platforms like Fiverr or similar things. At the initial days this could be little difficult, over time this will give him good income based on the way he completes the work.

Almost all jobs begin with difficulties because this is part of a person's struggle to get used to finding their main income and also additional income for themselves. From what you said, I think it is also quite logical for someone who has mathematical and graphic skills because not everyone has these skills so that he can use them well enough to support his own income. So he just needs to get used to doing what he has mastered properly in order to earn income in the long term.

[Winterfrost]

Your little advice will go a long way!

You seem to be someone who is intelligent and wise enough to make this decision on your own. Maybe you just want to hear others opinion so you can have a second thought on your decisions. I think you should combine those works together, science your a math and science specialist you can go on a contract job. So you teach with a specific time period this will give you more time to attend to other things. Also you can still set up your cyber center for tech savy and hire one or more workers to work for you so that all you is management. Lastly if you plan this very well you will still have more time to spend on your online stuff (whatever you called it).

Moreover if you don't want to do things this way. You can choose one from your list and focus on it. But i wont suggest you choose the teaching job because it doesn't pay well unless you are drive by passion and will want to teach. Since you have a unique idea for the cyber center then you should try that out its not not a bad idea.

[red4slash]

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.

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.

I don't think it's wise to say that a teacher's job is not difficult because a teacher is expected to be a role model for his or her students and that's not easy, but I might agree that teaching is a labor-intensive job that requires more muscle.
It goes back to our desires n intentions, whether we want to have more than one job or not. Because many people I see are not incapable but don't want to be more tired after doing their main job.
We need to get ahead and one of the ways we can do that is by putting aside laziness for as long as we can.