Studio Management

MTH has the wonderful option to send Lesson Notes after each lesson. Although designed to simply let parents know what’s assigned or happening at lessons, this is an opportunity to save yourself time and keep your customers informed!

Answering ten unnecessary emails = wasted time!

How many emails do you get asking  questions about schedules or upcoming events, even though you previously sent emails or other correspondence with that exact information?  [···]

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When I first began teaching piano lessons I had no idea what my pricing should be. I didn’t understand the economics of it all, I honestly was just looking to make some money on the side while I was going to school. I started off at $30 for an hour lesson. I was in college, and most of my friends were working some retail job for a little above minimum wage, so I thought $30 was really good, and it probably was. But what I didn’t realize was I was leaving a lot of money on the table.

As self employed teachers, the single most valuable asset we have is our time. If you price your lessons low, you may get more students, but you will be working more and making less. Before we start thinking about what we should be charging for lessons, we need to understand how the market works.

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SAKURAKO - Piano lesson.

It’s a harsh reality that the private music students you’re teaching right now will not be the same students you’re teaching a year or two from now. Every business goes through it. In the recurring revenue business world we call it “churn”, that is what percentage of your students quit from period to period. If you don’t refill the coffers with new students, eventually you won’t have a studio left. But what if you could just reduce your churn? What if you could keep your students much longer?

I’ve connected thousands of students to music teachers over the years, and have heard every reason in the book for why the student has to quit. Don’t just accept it! You can have a lot of control over whether or not your students continue.

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