27d • General discussion
Ultimate Goal of Teaching Guitar
It’s easy to get students. It’s easy to put in the hours. True freedom is creating passive income. This can be a challenge if you don’t have a plan of action. I’ve been able to offload most of my students to another teacher that i pay to teach guitar.
Here is the truth, if you’re running ads, you will come across other people who are passionate about playing and could be a good candidate for teaching your students.
While I charge $70/hour for my lessons, I pay my teacher $22/hr. This is where time freedom comes into play.
I’ve spent several hours coaching my teacher how to teach my students, and he simply teaches. At this point, all you have to worry about is scheduling, getting paid, and paying your teacher weekly.
I say all this because more than helping you learn this type of business model, it’s more important to me to show you there is an option of getting paid to sit back and collect cash every month. This is a true example of passive income.
Everything is a process and takes time…but if you are really dedicated, you too can create a side hustle for yourself that makes money while you sleep.
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Ultimate Goal of Teaching Guitar
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