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How to make thousands tutoring
here's your step-by-step guide
GM. This is Work "After" Work, the newsletter that leads you down the road to success in business. Hop in and enjoy the ride!
It’s Taco Tuesday. Let’s dig in:
🧑🏫 Making $1,000/day tutoring
😂 Meme of the day
Have you always wanted to start investing in real estate, but don't have $100k lying around? Don’t worry you’re not alone…
I recently came across this company called “Arrived” - they allow you to invest in real estate for a fraction of the cost. (Think $100 and you can own real estate!)
They do all the work on finding profitable properties
They deal with all the maintenance, upkeep, cleaning, etc.
They take care of all the legal jargon
All you have to do is buy shares of a home… kind of like a stock. And every quarter they’ll pay you on your investment!
It’s a great way to get exposure to real estate without having to put a lot of money down.
Even if you’re not ready right now at least subscribe to their emails that way you can see potential deals that become available! (It’s completely free)
THE RIGHT WAY TO RUN A TUTORING BUSINESS
If you're in school, fresh out, did really well on your standardized tests, or are currently running a tutoring business and looking for a way to scale it, this newsletter is for you.
The first thing you need to know is that most sell tutoring the completely wrong way. You don’t want to sell tutoring; you want to sell the outcome of tutoring.
So, if you were helping someone prep for their SAT - helping them achieve a higher score means they get into a better college, which gives them:
A better network of people to hang out with in college
Better companies that recruit from those schools
And a higher average salary coming out
How do you scale this business into something generating $1,000 a day in profit?
Take out your notepad - class is now in session. Ay-Ay-Ron please raise your hand.
The first thing you need to do is throw 1 on 1 tutoring out the window. The numbers just don't make sense unless you literally charge $300 an hour.
Semi-private group sessions are the way to go. If we follow the numbers, 1:1 tutoring will yield you maybe $60 an hour. Semi-private groups on the other hand, even at a lower rate ($35/hr), will yield you over 4 times more:
I even have a way to supercharge this business and make you well over $1,000 per day. I gotchu later in the email!
The other thing you need to know when starting this business is this simple formula: the more questions one practices before a test, the better one scores.
Your job is to get students higher test scores. Do this by having them constantly solve problems, answer questions, and give tips and tricks when they're stumped.
Now that we've got that under our belts, let's go over how to get this business goin!
HERE'S YOUR 3-STEP APPROACH
MEME OF THE DAY
Teach ‘em young 😂😂
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And that's a wrap! See ya in the next one!
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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