What do you need to create an online course?

Question:

Say... for instance, I went to a vocational school, worked in the field for several, several years and would like to be able to build a course for other people. Given that my education is only in this particular suject, and do not have a background in Education (teaching, that is), what would I need to do? Would I need to go back to school? Would I only need to get some sort of accreditation, and if so, of what kind and where can I get it?

Answer:
You would need some affiliation with a school, or other group that offers onlines courses. That is not to say that you can't just offer a course, but, who would take it? Why?
There are lots of other things to think about here. Would you offer a certificate at the end of the course? What incentive would someone have for taking your course instead of just reading a bunch of books from the library on the same subject?

Also, what kind of course is it? Do you have the time to commit to perhaps hundreds of students?

FYI- I am taking an online Chinese course right now. It is just offered by one guy in China. Every week, he posts recorded lessons and worksheets on his site. It is not for credit or a certificate or anything. And other than posting comments or questions, the students don't have direct contact with the instructor. This allows him more flex ability .

What do you need to create an online course?

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