Aug 16 in General discussion
Stop charging by the hour ⏰ - here's how 💰
Do you want to earn more as a teacher? Stop charging by the hour.
Here's a super simple tweak you can apply today.
And if you have any questions about how to price your offer, drop them in the comments below. 👇
Charging by the hour doesn't really work with educational freelance work.
It can work in other industries - therapy, law - since the hourly rate is usually significant. But charging $25/hour? It makes earning a living challenging.
Class cancellations, late payments, and an overall diluted value proposition to name a few of them.
Don't worry: here's a super simple tweak.
Instead of quoting an hourly rate, quote a flat rate for the result. This doesn't even mean increasing your rates, at least at first.
For example:
You currently:
- charge $25/hour
- sign students up for 10 lessons over ten weeks
Now, when a prospect comes to you, tell them:
I'll get you from X to Y in the next ten weeks. The investment is just $250.
It's exactly the same money, but it's a quick mindset switch in your pricing.
I know you'll be surprised by the results. And from there, it's pretty simple to go from $250 to $350 and upwards.
Try this the next time you're enrolling a new client and let me know how it goes.
Hope it helps.
Do you have any questions on how to price your offer? Add them below 👇
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Stop charging by the hour ⏰ - here's how 💰
skool.com/grassroots-teacherpreneurship-8136
Learn how to escape precarity by increasing your income. Build & sell an offer to build a career on your terms.
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