Help me analyze the feasibility of this business idea

[SmartGold01]

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 it for me, the first might option might end up not giving you that much time you think it might for the reason you already mentioned, and to add to that is that, being a teacher, you at some point in time or from time to time will also have to study the subject you want to teach your students in the next class, you discover that, at the end of the day, you just got yourself into a rat race which may be difficult for you easily pull out from.

I chose this second option because, it is simply you running your own business, it gives you the ability for you to be your own boss, you have all the time to do all the stuffs you want to do online, and schedule the time you want you student to come for their computer lesson, this you can set at a time that is very convenient for you.
So, this option is much better if you have the financial capacity to start/run it.

You are correct from what op said, to me don't you think opening a business that he will employ a worker to take care while he continues doing his online business as he said is more better maybe boutique where needs to fill up the shop with goods and employed someone?
Reason because if he employ a worker his stress reduces and can likely focused to run his online business, opening cafe means he has to take all proper care of his students possible he will be doing the teaching by himself this may now lead to limited time to focused on his area of interest especially when he is more committed to the students.

[1714309009]

1714309009

[1714309009]

1714309009

[1714309009]

1714309009

[1714309009]

1714309009

[1714309009]

1714309009

[1714309009]

1714309009

[junder]

It's actually sad to know that teachers are so underpaid in every country while in reality, they are the ones who build the foundation of every profession in the world. And to be honest, teaching is one of the toughest professions in the world, in my opinion. A teacher does a lot more hard work than what they are paid for which is a fact. These are the reasons why I wouldn't recommend you go towards that profession even though I know you said that it's what you like to do.

Starting your own institute should be the thing you go with since you mentioned competition and then you said you have a unique idea or an approach, I would say you should go for it because when you do something which others are doing as well but you do it differently but in a good way, you will surely get noticed. So, I would suggest you go for that to have a better future.

I think being a teacher is good, because this profession is a great profession. it's not easy to be a teacher who has to educate a lot of children. even with a small wage, this profession is very difficult to carry out because the wage is limited and it is impossible to meet the basic needs of everyday life. but I really respect the teaching profession because this profession is quite noble for me, and I salute the teachers who want to teach even with limited wages.

doing the same thing as everyone else and daring to compete is not bad, it's just that he has to think about how to do something he does to get people's attention. like you said in a different way, I agree with that even if he does the same thing as everyone else but in a different way or in a more unique way it might attract more people's attention. that way something he does will generate more profit than other people because he does it in a unique way to attract attention.

[G_Besar]

Making decisions is one of the toughest challenges in life, we often regret the decisions we have made. The characteristics of people who take or make decisions with conscience are decisions taken or made by people who are happy, specifically not emotional, so that the decision does not tire and weaken anyone's mind unless otherwise.

Why can this be the toughest challenge in your life, mate? Isn't every decision made based on comprehensive in-depth research and analysis on everything from various sectors? So each person must always be ready for the decisions he or she makes based on their own thoughts and research in life because serious matters involving money and work must always be thought about wisely and not emotionally. After all, this must come from a healthier conscience and mind.

So it's true as you said, it's better to be able to combine the two jobs. If you have the same skills, there's no harm in choosing both. Aren't we required to look for work with two sources of income when the economy has been doing well in the last few years? Moreover, teachers and computer institutes can be combined if they can really manage their time.

Computer institutions also need several teachers to teach students in addition to the duties of a teacher to teach at institutions that have been determined by the government. So it will definitely be easier to combine things so that you can have two jobs with income coming from both directions and this also has a path that is not much different for a teacher who generally teaches all his students. So combining two jobs like that can actually be quite appropriate to do.

[Sanugarid]

1. The salary of a teaching professional depends on the organization you're working for. I was recently looking for a part-time job and I thought of being a tutor. I was pleasantly surprised with the salary range of some private institutions. It was relatively higher than the salary of my friends who are full-time teachers earn in a month. I'm pretty sure that those are also less demanding since those aren't full time. In my opinion, if teaching is what you're passionate about, you should pursue it and just take your time to really look for a good job posting. Of course, the offer will also depend on your skill sets.

2. Start-up businesses take a lot of time since everything depends on the owner, unless you have partners to work with. I think this will take more of your time, so this might not be the best option if you want to continue doing all of your online stuff. On the other hand, you can also use your tech knowledge for a teaching profession.

[abel1337]

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!

Is online teaching good to you? It's way more profitable than teaching on other schools especially if you are living on a third world country. Tutoring online with multiple clients is a good option too, you can leverage your time with this option and also improve your skills on finding clients online. After getting the experience of getting clients, that's the time to do a business. Recruit teachers that you know or source online and make a outsourcing company that focus on teaching where you can teach your own clients at the same time have a business that involves teaching. You can continue doing crypto if you have a flexible time of course.

Though this will be a different thing if you prefer teaching live or face to face where the time you have is strictly on your current job.

[ChiBitCTy]

I think it's a pretty good idea to ask for others advice but solely as a resource to help gather your thoughts on your future plans.  Depending on where you live in the world, being a teacher may not be as bad as the media makes it out to be.  I know here in the United States many teachers earn a solid wage yet still complain.  Of course, this is not necessarily how the rest of the world operates.

I think there could be more money in option 2, but how about doing what you're most passionate about?

[bettercrypto]

It's actually sad to know that teachers are so underpaid in every country while in reality, they are the ones who build the foundation of every profession in the world. And to be honest, teaching is one of the toughest professions in the world, in my opinion. A teacher does a lot more hard work than what they are paid for which is a fact. These are the reasons why I wouldn't recommend you go towards that profession even though I know you said that it's what you like to do.

Starting your own institute should be the thing you go with since you mentioned competition and then you said you have a unique idea or an approach, I would say you should go for it because when you do something which others are doing as well but you do it differently but in a good way, you will surely get noticed. So, I would suggest you go for that to have a better future.

Besides that, the job of a teacher is also not easy, to be honest. Here in our country, if you are a private teacher, most of them are not well compensated, and the teachers who are under the government here are also not paid enough because it also depends on the salary grade of the item they have.

Because there are other government employees among public school teachers who still need to study for a master's degree just to increase their wages every month, they should have completed a master's degree in their profession in education. So doing part-time here in Bitcoin or crypto, I think it's fine as long as they can manage it correctly, which won't affect their job as a teacher.

[hafiztalha]

I think it's a pretty good idea to ask for others advice but solely as a resource to help gather your thoughts on your future plans.  Depending on where you live in the world, being a teacher may not be as bad as the media makes it out to be.  I know here in the United States many teachers earn a solid wage yet still complain.  Of course, this is not necessarily how the rest of the world operates.

I think there could be more money in option 2, but how about doing what you're most passionate about?

Teaching is respected profession and it is profession of profits. Most Government teachers are paid handsome money by government . But in my point of view, graphics is best to earn high income. Because by teaching, teacher can earn from only one side ,teacher is knowledgeable person,he  can increase his income by doing part time tuitions but he has no high paying skill. Graphic designing is high income skill and now a days ,it is necessary for every business. Average Graphic designer professional can earn more income than an average government teacher. Business is long lasting and job is limited with limited resources.

[8rch7]

Besides that, the job of a teacher is also not easy, to be honest. Here in our country, if you are a private teacher, most of them are not well compensated, and the teachers who are under the government here are also not paid enough because it also depends on the salary grade of the item they have.

Because there are other government employees among public school teachers who still need to study for a master's degree just to increase their wages every month, they should have completed a master's degree in their profession in education. So doing part-time here in Bitcoin or crypto, I think it's fine as long as they can manage it correctly, which won't affect their job as a teacher.

To be honest, teacher is not really promising job if you still freelance and not get certificate as government agency and in my country many teacher have cheapest salary payment every month. But difference when have been get certificate government agency and they earn above $500 every months including other add on payment from 100$ to $200. Become teacher on junior until senior high school in my country not really need to upgrade until master degree because have the same payment salary amount.

Actually rely on one passive income only is not enough yet, beside as teacher half a day has chance for teacher looking for side job as freelance and finding what worth job without get more time as teacher.

[Manny@11111]

My thoughts on these are simple as both options mentioned will not give you the needed time to focus on your online duties if you are to practice them the conventional way but first option of teaching can still give you needed time if you can do it part time or as extra lesson and most times you make more doing this when you are good at it.

As you are in luck, in most places, maths teachers are always in need as parents want their child(ren) excel in it thereby paying extra more to upgrade them. With this you only work in the evenings except weekends and still have time to run your online show since they are just for maximum of 2-3hrs per day depending on negotiations and number of kids.