Is it cost-effective (affordable) for a single person to conduct online video training?
I looked into this years ago, and the technology existed, but it was really expensive. I don't just mean the video-streaming software; I mean the cost of bandwidth. But I'm now seeing a few individuals -- not big companies -- offer online tutoring for relatively low prices. One guy is teaching an 8-hour programming course
and charging people $400 for it.
I'd like to do something similar: I'd like to teach online classes and change students $300 - $500 each, maybe limiting class size to 10 people max, so that I can field questions without being overwhelmed.
I've been looking into options, but I can't quite figure them out. How much would it cost me to stream video (of my desktop) and audio to, say, 5 or 10 people? Would charging them $400 each recoup my expenses? What are other things I should know about doing this (pitfalls, tips, etc.)?
If it matters, I am Mac based and have high-speed (cable) Internet access.