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How to Increase Your Income as a Private Music Teacher

In Private Music teaching the teacher customers actually want, it cant be
often is forced to teach small groups or something that you think might be good!
one on one lessons at low fees, which are Strategy #3 - Increase your retention
sometimes fixed by the school or rate and don't take on every student
association they teach within. Increasing your retention rate is vital
In a private studio or in a school, the for all businesses - but particularly for
monetary arrangements for this kind of music teachers - where your income is
music lesson involves the parent paying determined by the number of students you
the teacher "per lesson" and it is these are teaching multiplied by the dollars
kind of teachers that this article hopes that you charge.
to help increase their income. If you can cut down on the number of
In this article are four strategies for students you lose, while you
increasing income as a private music simultaneously increase the quality of
teacher - some of them may not be those students you'll have a better
suitable for every teacher, but hopefully income, and a more satisfying teaching
they will give you some insights on how career as well.
private music teachers can improve their There is no way you should accept every
income. student that you get offered. Not every
Strategy #1 - Never refund or credit a student is going to be right for you -
lesson because its in the clients best they often are looking to learn different
interest things to what you offer, and they might
Students miss lessons. It's a fact. not be as reliable in terms of paying
People get sick, there are special their fees and attending lessons as your
sporting events that happen, there are regular students, so you should always
times when for whatever reason students meet and interview prospective students
are going to miss their music lesson. The before you agree to teach them.
fact is that this is unavoidable. What By avoiding "problem" students in the
you can do as a music teacher is have a first place you'll be able to spend your
policy that says that "lessons are always time with more productive activities and
made-up, they are never refunded or better quality students.. and this will
credited to your account", however the increase your income in the longer term.
important thing that is often missed in Most of the problems with retention can
this is the WHY of that statement... it be traced back to one thing - the
should be because it is necessary for the students lack motivation because they
student's progress on their instrument. don't practice enough. We have various
If you use this philosophy you won't ever strategies for increasing retention rate
have to argue with parents over it - by encouraging practice at the Fun Music
because its in the students interest, not company teachers blog, which you'll find
yours! If you start the arrangement with a link to at the end of this article.
this agreement in place you'll find it Strategy #4 - Add passive income streams
much easier to enforce it - the parents to your business
will make the effort to make up the Teaching income is active income - if you
lesson rather than you having to insist stop teaching the income stops. That is
on it. If you have outcomes for the ok.. because it is like any earned
student (such as an assessment or exam) income. What you should be looking to do
in place it makes it even easier to make is also add passive income to your
sure that it happens. business.
You will need to make time to make the Do you write any teaching materials which
lessons up - it might be necessary to can be used in music classes or lessons?
allow one or two days in the holidays or If so you are in the perfect position to
during non-contact time to do it, but add passive income to your income mix.
you'll find that the ability to do this All you have to do is find a way to
will be worth it in extra income. Very publish your materials so that your
often the parents will not bother making students and others can access them. It
it up, and you'll not have to credit or can be as simple as getting the materials
refund any money! printed and bound at a copy shop just for
Strategy #2 - Find your Niche and make your students only.
yourself exclusive in that Niche Do you purchase books and music for your
If you have something special about your students and pass them on to them?
teaching you'll find that you'll attract If so you may be able to negotiate bulk
more and better quality students, and discounts from suppliers and then add the
you'll be able to charge more. full retail cost of the books to the
For example, lets say you teach the students account. Parents will appreciate
guitar. the convenience of not having to go into
If you teach anyone who comes you'll a shop to purchase the books if you put
probably end up with some young children, it through your business.
some high school children, and maybe one Can you sell leads to other teachers or
or two adults and you'll have to teach a businesses?
variety of styles depending on the type For example students all need to purchase
of music that the students like. instruments. Sometimes possible is an
If however..... you start a niche arrangement where you can can get a
business, specializing in only one area monetary commission from a music store if
you'll eventually find that people will you refer your students to purchase their
seek you out because you are a instruments there. This is certainly
specialist, and you'll be able to charge possible on the internet, via the use of
more for your services and you'll be able affiliate programs.
to only take on the students you want. I hope this article has given you some
Examples of a niche business for guitar ideas of ways that you can improve your
might be: - A business that specializes income as a private music teacher. I was
in guitar for young children - A business a private music teacher for over ten
that helps adults fulfill their dreams of years, and I've used all of these
playing guitar in a band - A business strategies during that time. Private
that specializes in heavy metal guitar music teaching should be fun and
These are just examples - there are rewarding, and it gives you freedom to
literally thousands of possibilities, but practice what you love, which is sharing
the niche must be something that the joy of music with others.




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