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08 Let's talk money!
"Money may not be your why, but money enables your why."
Love it or hate it, we need to talk about it!
One thing I want to normalise, especially in the education business sphere, is how, you can earn a healthy income from your business AND care about your clients and their outcomes.
Here's what I talk about:
- How to decide how much to charge (including a quick calculation)
- How to navigate difficult conversations with clients
I've split the last point into three scenarios:
- Feeling awkward to chase payments
- The pressure when a client thinks you're too expensive
- Increasing prices, especially for existing clients
Bonus: I share insights given by some members in my Facebook group.
What you can do next:
- Book a free call with me if you'd like to see how I can help you
- If you're a tutor, check out The Tutors' Mastermind
If you find this episode useful, I'd love for you to leave a review on Apple Podcasts, or Follow or Subscribe, depending on the platform you choose.
- Sumantha
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👋🏽 Hello! I'm Sumantha McMahon and I've supported over 100 tutors and education business owners.
As a teacher 'dropout' turned professional tutor, combined with my 20+ years as a business owner, I'm in it with you!
My training leans on tried-and-tested methods that are completely tailored to our niche.
There's no generic business advice here!
Work with me to breathe life into YOUR definition of success:
Goal-driven wrap-around support, with 1:1 strategy calls, WhatsApp support and free access to The Tutors' Mastermind.
The leading membership for edupreneurs that combines tailored training (live and recorded), a community of like-minded business owners and exclusive discounts to resources in The Training Jukebox.
Get lifetime access to this self-paced course designed to help you launch, grow and refine your group classes. Includes teaching ideas too.
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Sometimes, I share links to resources and apps that I recommend. They are all based on my experience - if I don't love them, I don't recommend them. In some cases, I earn a small commission for my recommendation, at no cost to you.