The Business Of Education

Collaborative post – may contain affiliate links

Education is often seen as a vocation, but the sector is so large – and so consistently in-demand – that it is no surprise that education can also be a business opportunity. In fact, the education market is expected to be worth $2040 billion by 2026, so it’s fair to say that for those seeking a business opportunity, education could well be worth considering.

The question, however, is what type of education-related business a prospective entrepreneur could start – and it’s a question we have sought to answer, with the three options below all providing the opportunity to find your place in the ever-growing education marketplace.

Option #1: Set up a school

It may sound like an outlandish suggestion, but if you’re thinking big and want to do something genuinely different, then setting up an educational establishment could well be the right choice for you. There are countless options to consider, ranging from nursery schools to higher education colleges to vocation-specific schools, so you should be able to find an option that will work well with your existing schools and interests.

It’s also important to note that you don’t need to be a teacher to start a school, either; there are countless options such as working with vocational, primary or higher ed search firms in order to locate the talented personnel you need. Your responsibility as the owner will primarily be to manage the finances of the school, and ensure that you are compliant with all local and federal regulations as appropriate. So while the idea of starting a school may initially seem odd, it could actually be more viable than most people expect.

Option #2: Provide courses to teachers

Many schools and educational establishments regularly advise their teachers to take additional professional development courses on a variety of different subjects, including health and safety, classroom management, and team building courses. The vast majority of these courses will be provided by an external company, which means you have the opportunity to start such a company and market directly to schools.

You will, of course, need to satisfy a variety of legislative requirements in order to offer courses, especially if you intend to offer courses related to any aspect of health and safety. With that said, all business types have regulatory requirements, and if you’re passionate about helping teachers reach their full potential, then starting a business offering professional development courses could lead you to a bright, fulfilling future.

Option #3: Sell stationery and school supplies

Finally, a more ‘conventional’ business choice, but one that can undoubtedly be successful for those in the education sector. The business concept is simple: you buy stationery and other school supplies at a low price, then sell them directly to schools – or teachers, given that 94% of teachers spend their own money on school supplies – at a profit.

While this idea may be simple, it’s undeniably effective provided you can purchase goods at the right price. It’s also perhaps the one idea on this list that requires relatively little startup capital, so you could start small and then expand as your profits begin to grow.

In conclusion

By considering one of the ideas above, you may well find that education is the perfect sector in which to reach entrepreneurial success. Good luck!

University of Convenience

In the age of information, content is plentiful (not always important, but still readily available).

If you look at the rise of online education as an example, times are changing. Not only are University degrees not as prestigious anymore, but it also doesn’t guarantee you work like it did in the past.

udemy, online course, online education, online university, ipad, expert, credibility

Welcome to the DIY age where anything AND everything can be learned through doing a Google search.

Ease and convenience has become such a commodity that credibility isn’t as scrutinized.

Both as an entrepreneur and a consumer that means unlimited options. Not only can you enjoy instruction from the comfort of your home, but you can also get paid without being “live.”

Here are some examples:

  • Instead of attending a live event, you can watch a webinar at your kitchen table.
  • Why enroll in a college course, when you can get the same, if not better information on platforms like Udemy?
  • Marketing degrees can be outdated, but if you follow the best online marketing blogs their advice is priceless.

Technology has changed the way we learn, so now you have more choices. No longer do you have to pay to add some letters behind your name to be known as an expert. Credibility is earned through follower-ship, not credentials.

Your story and experiences are your foundation to helping others learn something you’ve gone through.

So get current and figure out how you can assist others…while sitting on the couch.