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Four Techniques you can use to increase your income as a private music teacher

Private Music teachers are teachers who teachmust be something that customers actually
one instrument, usually one on one with awant, it cant be something that you think
student, or in small groups of students.might  be  good!
Often these lessons are in the teachers or
the students homes, or sometimes they areStrategy #3 - Increase your retention rate
held within a school situation, often withand  don't  take  on  every  student
the student coming out of a larger class to
spend  the  time  with  the  teacher.Increasing your retention rate is vital for
all businesses - but particularly for music
In a private studio or in a school, theteachers - where your income is determined by
monetary arrangements for this kind of musicthe number of students you are teaching
lesson involves the parent paying the teachermultiplied  by  the  dollars that you charge.
"per lesson" and it is these kind of teachers
that this article hopes to help increaseIf you increase the quality and standard of
their  income.the students you teach while simultaneously
cutting down on the number you lose you'll
In this article are four strategies forsteadily increase your income, and have a
increasing income as a private music teachermore  satisfying  day  to  day teaching role.
- some of them may not be suitable for every
teacher, but hopefully they will give youThere is no way you should accept every
some insights on how private music teachersstudent that you get offered. Not every
can  improve  their  income.student is going to be right for you - they
often are looking to learn different things
Strategy #1 - Never refund or credit a lessonto what you offer, and they might not be as
because  its  in  the  clients  best interestreliable in terms of paying their fees and
attending lessons as your regular students,
Students miss lessons. It's a fact. Peopleso you should always meet and interview
get sick, there are special sporting eventsprospective students before you agree to
that happen, there are times when forteach  them.
whatever reason students are going to miss
their music lesson. The fact is that this isBy avoiding "problem" students in the first
unavoidable. What you can do as a musicplace you'll be able to spend your time with
teacher is have a policy that says thatmore productive activities and better quality
"lessons are always made-up, they are neverstudents.. and this will increase your income
refunded or credited to your account",in  the  longer  term.
however the important thing that is often
missed in this is the WHY of thatMost of the problems with retention can be
statement... it should be because it istraced back to one thing - the students lack
necessary for the student's progress on theirmotivation because they don't practice
instrument.enough. At the fun music company teachers
blog we have a few strategies for increasing
If you use this philosophy you won't everyour retention rate, including practice
have to argue with parents over it - becausesystems and ideas for making lessons more
its in the students interest, not yours! Iffun.
you start the arrangement with this agreement
in place you'll find it much easier toStrategy #4 - Add passive income streams to
enforce it - the parents will make the effortyour  business
to make up the lesson rather than you having
to insist on it. If you have outcomes for theTeaching income is active income - if you
student (such as an assessment or exam) instop teaching the income stops. That is ok..
place it makes it even easier to make surebecause it is like any earned income. What
that  it  happens.you should be looking to do is also add
passive  income  to  your  business.
You will need to make time to make the
lessons up - it might be necessary to allowDo you write any teaching materials which can
one or two days in the holidays or duringbe  used  in  music  classes  or  lessons?
non-contact time to do it, but you'll find
that the ability to do this will be worth itIf so you are in the perfect position to add
in extra income. Very often the parents willpassive income to your income mix. All you
not bother making it up, and you'll not havehave to do is find a way to publish your
to  credit  or  refund  any  money!materials so that your students and others
can access them. It can be as simple as
Strategy #2 - Find your Niche and makegetting the materials printed and bound at a
yourself  exclusive  in  that  Nichecopy  shop  just  for  your  students  only.
If you have something special about yourDo you purchase books and music for your
teaching you'll find that you'll attract morestudents  and  pass  them  on  to  them?
and better quality students, and you'll be
able  to  charge  more.If so you may be able to negotiate bulk
discounts from suppliers and then add the
For  example,  lets say you teach the guitar.full retail cost of the books to the students
account. Parents will appreciate the
If you teach anyone who comes you'll probablyconvenience of not having to go into a shop
end up with some young children, some highto purchase the books if you put it through
school children, and maybe one or two adultsyour  business.
and you'll have to teach a variety of styles
depending on the type of music that theCan you sell leads to other teachers or
students  like.businesses?
If however..... you start a niche business,For example students all need to purchase
specializing in only one area you'llinstruments. Sometimes possible is an
eventually find that people will seek you outarrangement where you can can get a monetary
because you are a specialist, and you'll becommission from a music store if you refer
able to charge more for your services andyour students to purchase their instruments
you'll be able to only take on the studentsthere. This is certainly possible on the
you  want.internet,  via the use of affiliate programs.
Examples of a niche business for guitar mightI hope this article has given you some ideas
be: - A business that specializes in guitarof ways that you can improve your income as a
for young children - A business that helpsprivate music teacher. I was a private music
adults fulfill their dreams of playing guitarteacher for over ten years, and I've used all
in a band - A business that specializes inof these strategies during that time. Private
heavy  metal  guitarmusic teaching should be fun and rewarding,
and it gives you freedom to practice what you
These are just examples - there are literallylove, which is sharing the joy of music with
thousands of possibilities, but the nicheothers.



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