Do you teach music lessons? Okay, you could make $120,000 a year if you follow the logic in this post.
Imagine you're in the Pacific Time zone like me. (Maybe you are.)
And you want the rhythm of a 9-to-5 job in your career, which might already include teaching music lessons...
And finally, you've got a solid online music lesson offering from your own home – plus some evidence of it, like lesson videos and testimonials.
In those conditions, I'm thinking about how you could make a 9-to-5 job for yourself out of music lessons.
But wait... most students take lessons in the afternoon and evening (say, between 4pm and 8pm), right?
Well, online lessons are normalized enough now that you could cut across time zones with your teaching studio. If you're a great instructor, you no longer have existential barriers to getting students in other parts of the world.
So we can clock in at 9am Pacific Time, and from then until maybe 12:30, teach three 1-hour lessons (allowing for buffers) in the Central European time zone. That's 9 hours ahead, so your students would be taking the lessons between roughly 5pm and 8pm.
Then from 1pm until 5pm Pacific, we can teach three more lessons in the Eastern Time zone, three hours ahead. Similarly, your students would have 4pm - 8pm slots.
So if you had 15 European students and 15 Eastern Time students across the five weekdays, you'd have a full workweek.
Depending on what you charge, this online studio could gross $50,000 to $120,000 annually, with a two-month summer break.
And your margin would be 80%+ with Stripe / PayPal / etc. payments. That'd give you a North American middle-class pretax salary's worth of income.
All that said, the problem – as it always is in this industry – is solving for demand, is finding those 30 students, is enticing them to study with you despite the fact you live elsewhere and you may never meet.
Maybe you only have the time to add a couple students like this, and pick up a bit extra income. That's kind of where I'm at right now.
You might also need/want to outlay a big acquistion cost for those students and spend on ads and content.
But I've seen worse business models in music for sure!
It's not like that demand problem is harder to solve than the one where you sell CDs...
Would this idea work in your time zone? I bet there's another hookup if you're in Europe and can reach over to some Asian time zones.