Online Courses Business

Business Idea: Start An Online Courses Business in 2024

Updated: September 3rd, 2024

Avg Monthly Revenue
$118K
Avg Startup Costs
$11.7K
Score
81
Market Size
Avg Revenue
Min Revenue
$2.5K/month
Max Revenue
$500K/month
Avg Days To Build
90 days

If you're a mechanical engineer, you can share your knowledge and make money by creating an online course.

Start by picking a specific area in mechanical engineering that you know well, like designing cars or understanding how engines work. Make your course interesting with videos, assignments, and helpful materials. Create a user-friendly website where people can access your course, and use social media and emails to tell others about it.

When people enjoy your course and find it helpful, they'll spread the word, and your business will grow. As you gain experience, you can even add more courses or explore other engineering topics to expand your online teaching business.

Revenue & Profitability

How much do online courses businesses make?

Startup Costs

How much does it cost to start an online courses business?

  • It can cost as low as $140 to start an online courses business.
  • It can cost as high as $100,000 to start an online courses business.

Learn more about the costs of an online courses business.

Examples Of Successful Online Courses Businesses

Successful online courses business businesses and case studies

This case study article is about ContentCreator.com, an online education platform that teaches professional content creation, which started with just $60 spent on Facebook ads and scaled to over $35,000 in sales per week within the first month, becoming an 8-figure business that has helped launch the careers of thousands of aspiring content creators.

$500K Monthly Revenue
$2K Startup Costs
Read by 6,724 founders

Solopreneur Justin Welsh built a knowledge business through social media with over $2M in annual revenue and no full-time employees, offering flagship digital courses with a monthly revenue of $80K and $45K respectively, through LinkedIn and Twitter growth as well as organic and affiliate marketing.

$317K Monthly Revenue
$1K Startup Costs
Read by 28,969 founders

See full list of successful online courses businesses.