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E119: When & How to Successfully Raise Your Lesson Rates
Manage episode 378625823 series 2975048
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If you've been around the Teach Music Online podcast for a while, you have heard me talk about raising your rates time and time again, because music teachers are so valuable and should be paid what they need! But I'm sure you've wondered just how to make it happen. Listen in as I talk about 3 common myths about raising your rates, and 3 reasons that you should!
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
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