The simple fact that you are reading this article right now means you are unsatisfied with how much money you’re getting as a guitar teacher (or you’re ready to take things to another level). Bearing this in mind, you are certainly not alone. Here’s the gloomy reality for most guitar instructors:
1. Many guitar instructors have a hard time making ends meet in their guitar teaching business and earn less than 35k annually.
2. Most of us who teach guitar don’t have any experience teaching highly skilled students.
3. The overwhelming majority of guitar teachers attain little success and only instruct for 1-2 years before quitting to work in a different profession entirely.
On the other hand, there exists a small percentage of highly effective guitar instructors that:
1. Make a minimum of 6 figures every year in their guitar teaching companies.
3. Can add additional value for their students because they have extra time, resources and energy to put into their guitar education.
4. Generally work no longer than a time hours every week.
As someone who has trained millions of individuals to develop successful guitar instruction companies (by linking the elite top 1% team), I understand all of these things to be authentic.
Also, the majority of guitar instructors out there do not fail since they’re always ‘bad’ at teaching guitar. Instead, they fail because they think in the ‘common knowledge’ they have heard being perpetuated by additional unsuccessful guitar instructors. These approaches seem rational at first glance, but in fact are highly damaging for your guitar teaching business in many ways.
Here are just seven commonly accepted guitar teaching approaches that guarantee failure:
1. Giving Guitar Lessons At A Local Music Store
Many guitar instructors think that it is easier to teach at a music shop (rather than on their own) and make Decent money because:
A. They will need to do less work to find new students because the music store will do this for them.
B. You look much more specialist teaching from a music store versus instruction from home.
Both these points are 100% untrue. If you teach from a music shop you’re highly likely to fail and here’s why:
In reality, music stores do not have a strong reason to locate new guitar students for ‘you’. Even if you work together with a music company, you will still have to think of strategic ways to get guitar pupils and develop your guitar instruction business. This makes it increasingly hard to earn a fantastic living as a guitar instructor. Oftentimes, you’re restricted to teaching only private 1 on 1 lessons and not allowed to assist your guitar students progress quicker with other formats. This makes it harder to get big results for your students.
Since you can’t get fantastic results to your pupils, it will be rather hard to develop the positive standing needed to grow your guitar teaching company to the next level.
The most successful and greatest earning guitar teachers never teach out of music shops. Instead, they run their own business and employ other guitar teachers to function for them. If you want to make a fantastic living teaching guitar, you must treat it as a company and learn everything you can to be able to improve every facet of it.
Many people assume that hunting for new students is the most significant part promoting their guitar instruction business. Obviously, understanding how to attract new students is very important. However, if this is the only thing you think about while trying to Construct your guitar teaching business, you will quickly come across these issues:
Since you don’t have a good strategy for ‘keeping’ your students, you have to invest countless hours into your promotional campaigns due to the fact that the new students you gain only replace the ones you lost.
You will only make gradual progress at best to build your guitar teaching business (even if you get more new students than you lose present ones). But, you can achieve much faster expansion by working in several distinct areas concurrently, for example: student retention, student referrals and converting potential students into real students.