Home Schooling Business Success Stories [2024]
The home-schooling business involves providing educational services to students in the comfort of their own homes. This can be done through various methods, such as online tutoring, in-person tutoring, or a combination of both.
To run a successful homeschooling business, the founder must have a solid educational background and a passion for teaching. It is also essential to be organized and create a structured learning environment for students.
One tip for running a successful homeschooling business is to create a clear and concise curriculum that aligns with the student’s goals and needs. Flexibility and adaptability are also essential, as each student will have unique learning styles and needs.
Another tip is to build a strong network of resources, such as educational materials and tutors, to ensure that students have access to a wide range of learning opportunities. It is also important to establish strong communication with parents to ensure that they are fully informed about their child’s progress and any concerns or issues that may arise.
Overall, the homeschooling business is an excellent opportunity for those passionate about education and who want to make a difference in students' lives. With careful planning and a commitment to excellence, this business idea has the potential to be very successful.
In this list, you'll find real-world home schooling business success stories and very profitable examples of starting a home schooling business that makes money.
1. Third Space Learning ($9.96M/year)
Tom Hooper, the founder of Third Space Learning, came up with the idea for his business after selling his previous online tutoring company, BrightSpark, to TES Global. He recognized the importance of market focus and decided to launch Third Space as a second venture, with a specific focus on making one-to-one tuition accessible to primary school students, particularly those from disadvantaged backgrounds. This market-oriented approach, combined with valuable feedback from teachers, allowed Third Space to gain traction and establish itself as the largest online tutoring company in the UK schools market.
How much money it makes: $9.96M/year
How much did it cost to start: $100K
How many people on the team: 80
Third Space Learning has become the largest online tutoring company in the UK schools market with around 75% of English primary schools and over 100,000 teachers signed up, generating around £8m in revenue this year and delivering nearly 800,000 hours of teaching to just under 70,000 pupils since 2015, with plans to expand globally in the future.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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