E115: Six Figure Success: Mastering Online Music Teaching Income
In this podcast episode, we're addressing a common question in our Teach Music Online community: Can you significantly boost your teaching income without overloading your schedule?Many educators aspire to reach a yearly income of $100,000 while maintaining a work-life balance. We'll explore this topic and share three practical methods to help you achieve your financial goals without sacrificing your time. Let's get started![1:33] Podcast Review[2:45] Overview of the Episode[3:40] Membership Question About How to Teach Online & Make Money[4:20] Advice About Feedback from Other Teachers - And How to Stick to Your Goals![7:05] 3 Methods to Making Your Ideal Income[7:30] Method 1: Know Your Numbers - do the backwards math (what you want to make, divided by 12 months, divided by 30 days, divided by # of students)[9:06] Method 2: Diversify Your Studio Offerings - offer more than 1-on-1, group classes can be great in helping you earn more while teaching fewer hours[10:47] Method 3: Sell Digital Courses - digital courses are a great way to have passive income - the price you sell it for can make a huge difference in your salary[12:00] Course Creator for Musicians[12:40] 5 New Affirmations[13:15] More about the Teach Music Online MembershipHave you left a review?Please take a moment to review this podcast on iTunes, your reviews mean so much to me! Your reviews also help other teachers find the podcast and know that it's one that can benefit their business as well. Click the link below to review the podcast:https://podcasts.apple.com/us/podcast/teach-music-online/id1522634913Don't forget to watch my free masterclass!Learn how to DOUBLE your studio income without wasting a cent on ads! If you're looking for serious studio growth, help with social media, and studio branding then you need to watch my free class. It won't be available much longer! Click the link below to check it out.https://www.teachmusic.online/trai