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I was recently introduced to an online service that I wish I had known about in school.  It’s called Student of Fortune and it’s a web-based tutoring service for college students to get help with their homework.  Anyone can join the site as a tutor and then as you answer questions for the students you get paid.  Here’s the description from the company:

“If you’re a student, just post a question you’re struggling with. We’ll send your question to all of the tutors on Student of Fortune, and those expert in the subject will write custom tutorials to teach you how to answer your difficult homework assignment (and others like it). Pick a tutorial that looks good, buy it, follow up with questions until your aha! moment, learn the material, and ace all of your classes!  If you’re expert on a subject, write great tutorials to earn lots of money, even thousands of dollars… all for helping students to learn!” StudentofFortune.com

This business model is very fascinating and seems to be very helpful for both the students and the tutors.  If you’re a recent college grad looking to make some extra cash, you could use your knowledge from school to help other students.  The top tutors on the site have made more than $70,000 in the last few years answering questions for students in their free time.  Every question you answer has a different dollar amount associated with it, based on what the student is willing to pay.  You can search for higher priced questions to answer but you are competing with the other tutors to win the student over.  In other words, you will have to market yourself a little and provide quality content in order to make a name for yourself in this niche market to make more money.  As a beginning entrepreneur, or simply someone looking to make some part-time cash, it seems to be a viable solution.  I wouldn’t bank on this being a full-time tutoring gig, but it takes very little effort to get started and you could add tutoring to your resume.

As a tutor you can pick any question to answer and the questions are divided into relevant categories, similar to college majors.  For example, if you have a degree in political science you could help current poli sci students.  The best part is that the content you create can be purchased from many students over time, which increases your opportunity to earn more.

If you’re interested in getting started just visit StudentofFortune.com, sign up for a free account, and start answering questions.  Who knows, this could be the beginning of a new career path for you.

Don’t forget to check out my new revolutionary eBook for conquering life after college!

The Clueless Graduate,

Jeff & Tessa Sanders

Jeff Sanders