The Best 3 Ways to Make Money as an Instructional Designer

TL;DR

Learn how instructional designers can earn through corporate roles, freelancing, or course selling.

Transcript

One of the main reasons why people become  instructional designers is because of the   high earning potential and the great work-  life balance. That's why in today's video   we're going to explore the top three ways that you   can make money and achieve financial  freedom as an instructional designer.   So my name is Devlin Peck, and this field ha... Read More

Key Insights

• 💦 Full-time corporate instructional designers enjoy high earning potential, stability, and remote work opportunities.
• 👨‍💼 Freelancing offers flexibility but requires managing income inconsistencies, client relationships, and business operations.
• 👻 Course selling allows instructional designers to have maximum flexibility, scalability, and impact by serving end users directly.
• 👨‍💼 Freelancers may face challenges such as income inconsistency, mastering client management, and balancing work on projects and business operations.
• 😚 Building a course-selling business requires understanding your audience, closing knowledge gaps, providing transformational learning experiences, and effective communication.
• ☺️ Corporate instructional designers may find predictability in pay, benefits, and a relaxed work environment, but with a cap on earning potential.
• ❤️‍🩹 Instructional designers transitioning to course selling can achieve greater financial rewards, impact, and scalability by serving end users directly.

Questions & Answers

Q: What are the key benefits of being a full-time corporate instructional designer?

Full-time corporate instructional designers enjoy high earning potential, predictability in pay, good benefits, and a relaxed work environment with remote opportunities.

Q: What challenges do freelance instructional designers face?

Freelancers have to deal with income inconsistency, client management, business operations, and the pressure to create a steady flow of projects to sustain their income.

Q: How does course selling differ from freelancing as an instructional designer?

Course selling allows instructional designers to serve end users directly, offering maximum flexibility, scalability, earning potential, and impact, without the need to adhere to client demands.

Q: What skills are essential for instructional designers looking to build a course-selling business?

Instructional designers need to understand their audience, close knowledge gaps, communicate effectively, and provide transformational learning experiences to create successful course-selling businesses.

Summary & Key Takeaways

• Corporate instructional designers can earn up to six figures with predictable pay and benefits.

• Freelancing offers flexibility but comes with income inconsistency and a need to juggle business operations.

• Course selling provides maximum flexibility, scalability, and earning potential, with direct impact on end users.