teachers
welcome to somos!
getting started
apply to teach
getting paid
creating courses
teaching courses
marketing @ somos
co-ownership @ somos
students
introducing somos
our cohort based courses
teacher-led workshops
peer-to-peer practice groups
chat channels
homework
after your course
refund policy
community
community guidelines
using heartbeat
impact fund
faqs
getting paid
once you’re an approved teacher on somos, we’ll need to get you set up for payments!
🏦 connect to stripe
click the toggles👇🏾 for screenshots
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not in a stripe supported country? check out this step-by-step guide on connecting a wise account to stripe
💰 how payments work at somos
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- teachers/course creators are independent sellers on somos and will need to set up stripe connect accounts to receive payments.
- when students buy a course:
- 85% (minus stripe’s payment processing fee) goes straight to you.
- 14% comes to us
- 1% goes to our impact fund.
- notable items under your control as a teacher:
- pricing for your courses.
- set your own refund policy on a course by course basis.
- create your own early bird promo codes/discounts.
- control your payout schedule from your stripe dashboard.
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- we want to ensure you get your money quickly + with limited processing fees.
- your share of the course payments goes straight to your stripe account and you can decide if you want to set your payouts to daily, weekly, monthly. somos never holds your money.
- we recommend holding the balance in your stripe account until your course starts in case you have to process any refunds for students.
🤔 frequently asked questions
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- teachers are welcome to set their own rates within a recommended range of $25-$100/student per course.
- assuming 12 students/per course & a minimum charge of $25/student, you should be able to earn around $240/course (net of commission & payment processing)
- to help you plan, we've put together this handy calculator.
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- it's entirely free to join somos as a teacher! we do however charge a commission on courses.
- as a social enterprise, it's particularly important to let you know what we charge for and how.
- take a look at our commission breakdowns here.
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- we use stripe as our payment gateway. this means:
- we can accept payments from students anywhere in the world.
- teachers are independent sellers on the platform and will need to set up stripe connect accounts to receive payments.
- in order to do this, you will need to either:
- be a resident in one of stripe's 47 countries; or
- if you are outside stripe’s 47 countries but have a wise account, you should be able to connect this to stripe. wise is available in 170+ countries, please follow the guide below to connect your wise account to stripe.
- once you are set up, you control your own payout schedule from your stripe dashboard.
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- we can accept payments from students anywhere in the world.
- in order to teach with somos, you must be able to connect with stripe.
- there are two ways you can do this:
- if you are a resident in one of stripe’s 47 countries, you’ll be able to connect directly.
- if you are outside stripe’s 47 countries but have a wise account, you should be able to connect this to stripe. wise is available in 170+ countries, please follow the guide below to connect your wise account to stripe.
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- possibly! if you are outside stripe’s 47 countries but have a wise account, you should be able to connect this to stripe.
- this extends coverage to 170+ countries.
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- we are able to work with teachers from 170+ countries and would love to increase that as soon as we can. however, due to banking restrictions we are not yet able to partner with teachers based in:
afghanistan, burundi, central african republic, chad, congo republic, crimea (sub-territory), cuba, democratic republic of the congo, eritrea, iran, iraq, myanmar, north korea, somalia, sri lanka, republic of south sudan, state of libya, sudan, syrian arab republic, ukraine, venezuela and yemen.
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- when you join somos, you'll be invited to host your own patreon style gated community for your past, current and future students.
- how it works:
- when a student buys a course, they are automatically added to your community
- you will be able to share content, host clubs, discussions, & events, market & upsell any new courses (or language products you sell outside of somos) to your students.
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- yes! it's important to us that our team, communities we work in and course creators not only have a say in how somos is run but also benefit financially in any growth.
- course creators will be able to invest in the business via targeted fundraising rounds and in addition, long-serving course creators will be eligible for our share/stock option scheme.
- we have recently partnered with ownco to make this a reality - check out the announcement.
- if you’re a teacher/course creator and would like to find more about how the scheme works, take a look at our co-ownership page.
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