When and How to Successfully Raise Your Lesson Rates
If you’ve ever wondered when and how to raise your rates, this episode is for you! In many episodes of the podcast, I’ve talked about teachers raising their rates so that they can make their dream salary. In this episode, I walk you through 3 common myths about raising your rates, and 3 reasons why you should, then give you some tips on how to make it happen! Listen in and let me know about your journey with raising your rates.
Time Stamps
[0:35] Episode Intro
[1:10] Sponsor Message - Practice Space
Common Myths About Lesson Rates
[2:55] 1. I Need To Charge the Local Average
[4:55] 2. If I Raise my Rates, Students Will Leave
[6:51] 3. I Should Raise My Rates a Little Every Year
Why It's Okay to Raise Your Rates
[8:04] Higher Rates Create Demand
[9:20] Less Committed Students Will Leave (And That's Okay!)
[9:54] You Will Show Up Differently
Make It Happen
[10:58] When To Raise Your Rates
[11:56] How to Raise Your Rates
[12:55] Email Template Example
Sponsor
Today’s episode is sponsored by Practice Space, an app that allows you to create digital assignments for your students and motivate them to practice harder than they ever have before! As many of you have heard Tonara is closing it’s doors to music teachers and I know that so many teachers are currently looking for a new platform to host their lesson assignments and allow them to communicate with students
With Practice space you can send PDFs, videos, mp3s, and more! You can also send real-time feedback to student’s practice videos. The interactive features adds a social side encouraging your students to complete assignments, participate in challenges, and more.
Practice Space also has a feature that allows you to export your data from your Tonara login and import directly to the Practice Space app, this will save you HOURS of work creating new lesson assignments.
To check it out visit this link today!
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