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How to Increase Your Income as a Private Music Teacher

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



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