How to make more money teaching English in Taiwan

This is everyone's favorite subject. How to make more money. Well, I don't have any secrets here -- the best option to make more money is going to be work. More work, the more money you can make.  Yet, the smarter you are about it the more money you will make.

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(1) Ask for more money from you boss. Are you a better teacher than you were before? Try to get a raise. That simple, generally bosses in Taiwan do no give out raises under any circumstances. The only circumstance they "might" give out a raise is if you are attracting and retaining students. Do that and the boss will let you get away with murder. Now the opposite is true. Having a hard time getting students or students don't sign up for your course again? Well, you might not have a job for long.

(2) Start to private tutor on the side. Meet lots of Taiwanese people and tell them you teach English. Also mention you do private tutoring. Eventually someone will ask you about it. How much should you charge? Well it depends on your experience and things like that -- I'd so 600-800NT is reasonable price right now but it really depends.

(3) Start your own school. I'd actually put this on the list of losing money but if you are in an excellent location with a good reputation you might be able to make this work. Be careful of rents though, some places in Taipei have ridiculously high rent -- so high that it will be nearly impossible to have enough students to make it profitable. I have a good friend who started a school in the middle of nowhere in Taiwan, he is doing reasonably well.

(4) Start you own mobile school. Personally, this is where the money is in terms of teaching English. Not many people do it, and few people do it well so there are a few tips. I hope it helps.

(a) You'll need a to find a "networked mom" -- this is some mom who really wants their kid to learn English and knows lots of other moms. Since a one-on-one classes don't do well for little kids it's best to do group classes, also one-on-one classes are cost prohibitive for young families.  So what you do is, charge 200 to 300 for each kid in a class for an hour of teaching. Try to get 5-6 kids in class you can start with 4 but really 5 is the sweet spot. At 5 kids at 200 you get 1,000NT a hour. Lots of times parents want to do more than 2 classes a week so you can make 2,000NT a week just off this one class.  Do a good job on these small classes and they will grow organically. One mom introduces you to another mom. All of the sudden you'll have 20 of these classes a week (only 20 hours) and with five kids in each class that's 20,000NT a week. Pretty darn good. Best part is these classes are mobile. So sometimes these classes will be at a third party like a dance studio or other times they will be at a parent's house. As long as you are charging 200 to 300NT an hour the parents are getting a very good deal out of it and will work with you.