Are you the mystical teachings of jesus time making money as a guitar teacher? Are financial struggles in your guitar teaching business holding you back from living a freer lifestyle? Are you cynical toward the idea of making a great living by teaching guitar?
Truth is, making big money ($100k and above per year) in your guitar teaching business is a very obtainable goal, even though the reality is such that most guitar teachers have not achieved such levels of success. After earning very little money in their businesses, over time many guitar teachers start to doubt their abilities to make a living through teaching guitar.
In order to help you get started toward reaching your financial goals as a guitar teacher, I want to show you why most guitar teachers have a hard time making money with guitar lessons. After reading the list below, you will be able to avoid the costly mistakes that other people make while teaching guitar. By knowing what NOT to do as a guitar teacher, you can make much faster progress toward making a lot more money with guitar lessons.
You do not have a specific strategy that will get you from your current financial situation to earning $100k+ with guitar teaching.
Guitar teachers who earn 6 figures or more each year have not built their businesses through ‘luck’. They have achieved their success through investing many hours to test and implement many specific strategies. Unfortunately, most guitar teachers do not take the time to create effective systems to grow their guitar teaching businesses. Instead, they simply copy what they think is working for other teachers in their local area. The downfall of this approach is that the other guitar teachers are almost always in the same exact financial position of making very little money! If you want to truly earn a good living from teaching music, you must learn from someone who is a highly successful guitar teacher and who can show you the proven methods to make money in your guitar teaching business.
You consider one on one guitar lessons to be the #1 method for teaching guitar.
It is true that one on one guitar lessons can be great in some cases; however it is not true that teaching guitar in this manner is the only way to get great results for your students. Additionally, this approach is very limiting to your potential to make a lot more money teaching guitar. In order to earn A LOT of money in your guitar teaching business, you need to combine one on one lessons with group classes and other unique teaching formats. This will not only make you more money, but will also help your guitar students to reach their goals much faster than if they were taking one on one lessons only.
You get in the way of your own progress.
When thinking of ways to make money in their guitar teaching businesses, most guitar teachers usually think about 3 things:
- The price of their guitar lessons.
- How many hours they spend teaching each week.
- How many guitar students they have.
If these are the only 3 factors you are using when thinking of ways to increase your guitar teaching income, you are greatly reducing your potential for financial growth. These factors are important; however they are only a small part of the big picture when it comes to making money teaching guitar. The truth is, you can MASSIVELY increase your yearly income from guitar teaching without raising the rates of your lessons or teaching more hours in the week.
You are not sure how to fully understand your guitar students’ unique personal needs.
Most guitar teachers do not understand that teaching guitar is based around meeting the emotional needs of your students first. In order to reach high levels of success as a guitar teacher, it is essential that you learn how to directly communicate the following points with your guitar students: