20 Innovative Online Education and EdTech Business Ideas You Can Start Today [2024]
Interested in starting a edtech business in 2024?
We put together 20 of the best edtech businesses you can start in today.
For each business idea, we’ll show you real-world examples of other edtech businesses to help you see what it really takes.
Here's the full list:
1. Start a freelance writing business
Freelance writing can be a good career choice if you are looking for a flexible online job.
Working as a freelancer gives you the flexibility to define your work schedule. You can work from home at any time. Freelance writers work across various niches, writing about various topics assigned by the client,
To earn good money as a freelance writer, you need the following personal qualities:
- Strong writing skills
- Ability to meet deadlines
- Stay on the cutting edge
- Be a self-starter
- Be up-to-date with the current writing tools & writing trends
- Proper communication skills
How much you can make: $700 — $320,000/month
How much does it cost to start: $300 (?)
How long does it take to build: 30 days (?)
How David Tile turned a freelance writing gig into an $80k/month business, discussing lessons learned through managing growing demands and maintaining a remote team operation.
2. Create a web development course
A web development course is an educational program designed to teach individuals the skills and knowledge needed to create and maintain websites and web applications.
These courses typically cover programming languages, such as HTML, CSS, and JavaScript, as well as frameworks, databases, and other tools relevant to web development. Courses may be offered by educational institutions, online platforms, or coding bootcamps, catering to beginners or those looking to enhance their existing skills in the field of web development.
How much you can make: $500 — $110,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 60 days (?)
No Code MBA founder, Seth Kramer, has built a training platform for entrepreneurs who want to learn how to launch their very own businesses and build apps using no-code tools, recording over 150 real-world video lessons which have resulted in over 400 paid members in just 6-months and a focus on growing the No Code MBA community.
3. Start an educational blog
An educational blog business involves creating a website where you share informative content on a specific subject to educate your audience.
To start on a budget, choose a niche you're knowledgeable and passionate about.
Create quality content using free platforms like WordPress or YouTube.
Promote your blog on social media and through SEO techniques, and consider monetizing it with methods like affiliate marketing and selling digital products once you have a steady flow of visitors.
Consistency and providing genuine value are crucial for success.
How much you can make: $1,200 — $5,000/month
How much does it cost to start: $200 (?)
How long does it take to build: 60 days (?)
No CS Degree founder monetizes website interviewing self-taught web developers earning an average monthly revenue of $1,100, with email marketing and sponsored articles from coding boot camps, and plans to grow the site through job board and online course resources.
4. Launch an online tuition platform
Online tuition platforms provide a channel for teaching students one-on-one. The tutoring platforms enable students to learn and study online at their chosen schedule, choose a tutor and pay for the courses they can afford.
Examples of online learning platforms include Coursera, codecademy, Udemy and Pluralsight.
To start an online tutoring platform, choose a niche and create a website. You can offer the lessons yourself or keep the online learning platform open for other tutors to signup and list their lessons.
How much you can make: $34,568 — $830,000/month
How long does it take to build: 180 days (?)
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.
5. Start an online exams practice site
6. Start an educational technology product
How much you can make: $5,000 — $120,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 67 days (?)
Examples of a successful educational technology product:
Here are some great videos on how to get started with a educational technology product:
For further info, check out these books and products:
- High Tech Start Up, Revised And Updated: The Complete Handbook For Creating Successful New High Tech Companies
- How To Start Your Own Business: The Facts Visually Explained
Learn more about starting an educational technology product ➜
Learn also about other software startup ideas.
7. Start a webinar hosting business
Are you an app builder looking for a profitable business? Consider building a webinar hosting platform.
Businesses host webinars as a tool for helping them convert leads into paying customers.
Therefore, starting your webinar hosting service could be a profitable business venture.
To attract customers, focus on building a robust webinar hosting service that provides the users with all features they need to host an interactive webinar. A webinar hosting service should offer custom solutions and support for all technical issues.
How much you can make: $2,000 — $897,000/month
How much does it cost to start: $4,000 (?)
How long does it take to build: 183 days (?)
Tiiny.Host is a web hosting company that's doubled its monthly recurring revenue every three months, amassing 40,000+ users by providing an easy-to-use hosting and file sharing solution, and built up its brand through SEO.
8. Start an educational bots business
9. Start an educational app development business
10. Start an online academy business
How much you can make: $54,000/month
Learn how a student counselor who charged his first customer $1,200 built a six-figure side hustle that earned $650k in a year through his consultancy that advises medical school applicants.
11. Start an educational website business
How much you can make: $10,000 — $3,735,000/month
How much does it cost to start: $2,500 (?)
How long does it take to build: 190 days (?)
Cottage Software co-founder Neil Granberry shares how they built their software agency business, which helps designers and developers turn designs into code fast and affordably, through their platform powered by learning developers, bringing in $25,000+ per month in revenue as a tech-enabled agency of just two people, with plans to sell directly to web design and development agencies.
12. Start an augmented and virtual reality business
How much you can make: $10,000 — $300,000/month
How long does it take to build: 120 days (?)
MazingXR is an augmented reality solution for e-commerce that generates $120k/year, and has grown from an MVP to a team of 9 people, with a focus on organic growth, personal customer connections, and continuing to develop the innovative potential of AR and NFTs.
13. Start a youtube channel
For anyone looking to start a successful YouTube channel, there are plenty of YouTube channel success stories that can be used as inspiration and encouragement. In addition, YouTube has an established monetization system and boasts incredible popularity, making it a potential platform for revenue generation.
In this article, we'll look at different approaches you can use to help promote your channel and grow your viewers. While there's no quick and easy way to success, you can take these tips to build your own YouTube Channel Success story. If you love content creation, you can capitalize on YouTube's popularity to earn extra income.
If you want to join the Youtube partner program to monetize your channel, you will need to reach a minimum of 1,000 subscribers and 4,000 watch hours in the previous 12 months.
How much you can make: $800 — $4,500,000/month
How much does it cost to start: $500 (?)
How long does it take to build: 48 days (?)
Time commitment per week: Min. 5 hours/week
Learn how this entrepreneurial couple made $5-7k a month by helping others find legitimate work from home jobs and creative ways to make money online through their blog and YouTube channel, as well as offering two flagship products designed to help beginner freelancers and new bloggers accelerate growth.
14. Start a live classroom business
How much you can make: $75,000/month
How long does it take to build: 180 days (?)
Edtech entrepreneur Laura Bresko shares how she and her partner developed a platform called TeacherMade that digitizes classroom activities and generated $900K in revenue, with a focus on leveraging SEO and developing a friendly, empathetic customer support team.
15. Start a special kids platform business
How much you can make: $4,333,333/month
ZenBusiness, a guided platform for entrepreneurs, has grown over 400% since March 2020, helped over 300,000 businesses, and became Austin's largest SaaS finance provider in 2022 after receiving a $200M Series C investment.
16. Start an online education fair and summits business
17. Start an online course sales business
Do you know you can make money selling what you are passionate about? People are making money creating courses and selling them online. Common online courses include music, cooking, coding, web design, dropshipping, etc.
Thus, you can turn it into a passive income by launching online classes if you have a skill. All you need is to choose a target audience, create the online course and choose an online learning platform where you can sell the course.
The e-learning market is expected to be worth over $645 Billion in the next few years.
How much you can make: $100 — $1,666,666/month
How long does it take to build: 190 days (?)
A multipreneur shares how she built a successful print on demand side hustle, generating $120,000 per year through multiple brands spread over various platforms.
18. Start a gamified courses and classes business
How much you can make: $40,000 — $55,000/month
How long does it take to build: 112 days (?)
Morningscore, an SEO tool with gamification elements, grew to 600+ customers with an MRR of $40,000 in 3 years without VC funding, and achieved 300% YoY revenue growth; the founder shares insights on launching too early, not comparing growth to bigger-funded competitors, and the necessity of funding for hyper-growth in high-competition industries like SAAS.
19. Start an ethical hacking courses
How much does it cost to start: $1,000 (?)
20. Become a computer training provider
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings