If you're ready to start tracking expenses & earnings with ease, I highly recommend the course “Quick & Dirty Quickbooks” by Andi Smiles. It will teach you how to use QuickBooks and includes a coupon for 50% QBO off for an entire year! Normally it's $147 but until May 15 you can buy it for only $99 as part of this toolkit: bit.ly/sonia-toolkit
I use to charge $25/hour in January of 2020 I did the same as the women in the video and was going after my public teaching job to the library and realized this pay is a slap in my face. Now fast forward to summer 2020 and I'm charging $40/hour and will hit $100/hour by next year as I build my street credibility. Word of advice to anyone "know your WORTH and never settle, because people will pay you if you can solve their problem" but you have got to be confident 😊
Hi, the private tutoring business is definitely a life-long career. No overhead cost. With most businesses, you need to put in money in order make money. Tutoring is an exception. Thanks for your content.
The "not charging enough" mistake is a plague in our field I think. There are two aspects of that I think: 1) There are people (that are not teachers) and also teachers who charge something like 7$ per hour. I really think it is something very similar to the thing people do on the street by night, if you know what I mean.... 2) Some tutors just surrender to the competitors who charge less than how they should charge. I did both, I used to teach for 5$ (€ actually but let's say $) and I also used to cut my fees when someone said "No it's too much, can I pay you less?" so I know what I'm talking about. It's something teaches should never ever do, if you ask 10$ per hour, you are saying that the years you spent at the university, your work, your time, your knowledge worth 10$. Is it true? I don't think so teachers!
So well said! You took a lot of time & money to gain your expertise through degrees, teaching experience, and personal learning! So it's definitely worth so much more! That's why I encourage tutors here in the US to charge $40 USD minimum, but of course that can vary by country!
I have tutored for at least three years off and on., and have charged $45.00 since day one. I too have a problem asking for what I am worth . I stopped last year in May and started back two weeks ago. I wish I had listen to this video before I set my pprice at $55.00 per week. My breakdown per child is: 1 hr. x 4 days a week I need to become more cost and business conscience now. How doo you suggest I begin. HELP
Hey Lillian! My tutor pricing calculator would be helpful in figuring out a tutoring rate that accounts for your costs & what you want to earn. Here's a link: soniateach.podia.com/1k-month
Yes!! It's so helpful. Not sure if you saw it mentioned, but my friend Andi has a course called Quick & Dirty QuickBooks. It's normally $147 but you can get it at a discount for $99 until May 15th through this toolkit! bit.ly/sonia-toolkit (affiliate link) And once you enroll in the course, Andi also gives you a referral link for 50% off QuickBooks for the first year!
How do you work out sharing your curriculum with your students vs having them buy their own? This is especially with if you use a mashup if resources...
Hey! First of all, I love your username!! Also, I don't really create my own resources at all! I used online resources from IXL, Khan Academy, and Teachers Pay Teachers. The TPT thing I used was just an initial math assessment to gauge what level they're at in math. So basically, I kind of teach things on the fly! :) What do you teach?
I love this calculator. It helps me keep myself on top of my goals and what I need. What do you recommend for people to "bring home"? I am guilty of not tracking spending and income but I'm adding that to my weekly/daily tasks.
Thank you for this video Sonia! Right now, I'm making the personal bank account and hourly rate mistake! Which business structure would you recommend for a tutoring business?
When changing rates, I was given some advice of grandfathering current clients and charge new rate ($40hr) for new clients. What do you think? Also, what about using a tip option? Haven't seen this anywhere though
Hey there! You are asking great questions. I recommend increasing your rates at least once every year (either in January or the start of the academic year) and I recommend increasing it for all students. I feel like this is fair for everyone to be paying the same rate. That being said, there's no right or wrong way to do it. You're the boss!
all my videos teach that in some regard. If you want to learn how to find tutoring clients online, check out this masterclass: soniateach.podia.com/how-to-find-tutoring-clients-online
You're welcome, Patricia! Thank you for taking the time to meet with me. Knowing what you know now, how would you do things differently? What would you charge?
![[TH] VALORANT Champions Seoul - Lower Bracket Final - LEV vs TH](http://i.ytimg.com/vi/fyYkI80GG4o/mqdefault.jpg)
If you're ready to start tracking expenses & earnings with ease, I highly recommend the course “Quick & Dirty Quickbooks” by Andi Smiles. It will teach you how to use QuickBooks and includes a coupon for 50% QBO off for an entire year! Normally it's $147 but until May 15 you can buy it for only $99 as part of this toolkit: bit.ly/sonia-toolkit
I'm a proud affiliate of the toolkit because it includes 20+ courses and it's only $99! bit.ly/sonia-toolkit
I use to charge $25/hour in January of 2020 I did the same as the women in the video and was going after my public teaching job to the library and realized this pay is a slap in my face. Now fast forward to summer 2020 and I'm charging $40/hour and will hit $100/hour by next year as I build my street credibility.
Word of advice to anyone "know your WORTH and never settle, because people will pay you if you can solve their problem" but you have got to be confident 😊
I'm so proud of you for charging what you're worth! Amazing!! :D
I like that ‘I serve, I deserve’. 🙌🏾
Hi, the private tutoring business is definitely a life-long career. No overhead cost. With most businesses, you need to put in money in order make money. Tutoring is an exception. Thanks for your content.
Thanks for your comment! I personally invested my money, time, and energy into building my successful tutoring business. And it paid off. :)
The "not charging enough" mistake is a plague in our field I think. There are two aspects of that I think:
1) There are people (that are not teachers) and also teachers who charge something like 7$ per hour. I really think it is something very similar to the thing people do on the street by night, if you know what I mean....
2) Some tutors just surrender to the competitors who charge less than how they should charge.
I did both, I used to teach for 5$ (€ actually but let's say $) and I also used to cut my fees when someone said "No it's too much, can I pay you less?" so I know what I'm talking about.
It's something teaches should never ever do, if you ask 10$ per hour, you are saying that the years you spent at the university, your work, your time, your knowledge worth 10$. Is it true? I don't think so teachers!
So well said! You took a lot of time & money to gain your expertise through degrees, teaching experience, and personal learning! So it's definitely worth so much more! That's why I encourage tutors here in the US to charge $40 USD minimum, but of course that can vary by country!
THE RATE CALCULATOR IS AMMMAAAAZZING!! I have really been recking my brain on a tutoring rate.
Does your credentials factor in your tutoring rate?
I don't account for credentials in my tutor pricing calculator, but you can definitely charge more based on credentials!
I have tutored for at least three years off and on., and have charged $45.00 since day one. I too have a problem asking for what I am worth . I stopped last year in May and started back two weeks ago. I wish I had listen to this video before I set my pprice at $55.00 per week.
My breakdown per child is:
1 hr. x 4 days a week
I need to become more cost and business conscience now. How doo you suggest I begin. HELP
Hey Lillian! My tutor pricing calculator would be helpful in figuring out a tutoring rate that accounts for your costs & what you want to earn. Here's a link: soniateach.podia.com/1k-month
Great tips! I have definitely made some of these and sometimes fall back into the trap. I need to get on QuickBooks.
Yes!! It's so helpful. Not sure if you saw it mentioned, but my friend Andi has a course called Quick & Dirty QuickBooks. It's normally $147 but you can get it at a discount for $99 until May 15th through this toolkit! bit.ly/sonia-toolkit (affiliate link) And once you enroll in the course, Andi also gives you a referral link for 50% off QuickBooks for the first year!
Great info.
Thanks for watching!
How do you work out sharing your curriculum with your students vs having them buy their own? This is especially with if you use a mashup if resources...
Hey! First of all, I love your username!! Also, I don't really create my own resources at all! I used online resources from IXL, Khan Academy, and Teachers Pay Teachers. The TPT thing I used was just an initial math assessment to gauge what level they're at in math. So basically, I kind of teach things on the fly! :) What do you teach?
Thank you so much for this. I am really struggling with my website.
Tell me more! What exactly are you struggling with?
Great advice! I really have to put some of these in place.
Thanks, Gigi! What is one thing you think you'll do differently after watching this video?
@@soniateach Definitely open a separate bank account and track my business expenses.
That makes me sooo happy to hear! Do you know how you will track them?
Sonia Teach not yet
I recommend QuickBooks online - simple start! I sent a 70% off coupon in my email this afternoon, not sure if you're on the list 😍
I love this calculator. It helps me keep myself on top of my goals and what I need.
What do you recommend for people to "bring home"?
I am guilty of not tracking spending and income but I'm adding that to my weekly/daily tasks.
Hey Adelle! In terms of take home pay, it really depends on your specific financial goals!
Thank you for this video Sonia!
Right now, I'm making the personal bank account and hourly rate mistake!
Which business structure would you recommend for a tutoring business?
Depends on where you're located, but if you're in the US, I personally have an LLC.
When changing rates, I was given some advice of grandfathering current clients and charge new rate ($40hr) for new clients. What do you think? Also, what about using a tip option? Haven't seen this anywhere though
Hey there! You are asking great questions. I recommend increasing your rates at least once every year (either in January or the start of the academic year) and I recommend increasing it for all students. I feel like this is fair for everyone to be paying the same rate. That being said, there's no right or wrong way to do it. You're the boss!
Can you suggest me a good website for teaching online? What do you think of superprof?
All of my teachings are around starting your own independent business, so I don't have recommendations for tutoring websites.
@@soniateach can you tell me how you can start a business alone?
all my videos teach that in some regard. If you want to learn how to find tutoring clients online, check out this masterclass: soniateach.podia.com/how-to-find-tutoring-clients-online
I really am enjoying your videos!
I'm so happy to hear that!
Thank you Sonia for letting me test out this valuable tool.
You're welcome, Patricia! Thank you for taking the time to meet with me. Knowing what you know now, how would you do things differently? What would you charge?
@@soniateach definitely would charge at least double. Your video has a good mantra in it about our worth.
Oh I love to hear that! And I'm glad you enjoyed the affirmations! Have you done anything like that before?
@@soniateach No I had not.
@@MrsPTarleton it's like my secret weapon! I know you've talked about sunny lenarduzzi, she's got a nice affirmation video!
Have you made any of these mistakes? Let me know below!
Do you have people working with you?
Do you mean other tutors? If so, no I do not.