Friday, April 15, 2011

Make Money Tutoring

Are you the class Einstein in school - the teacher's pet? Is learning your passion? Do you think you might work well with kids?

If you answered "yes" to any of these questions, you just might have what it takes to make an income tutoring.

Let's face it - schoolwork doesn't come easy for everyone. And parents don't want to spend hundreds of dollars on Sylvan. Maybe you'll find tutoring to be fun and profitable.

Getting Started
What is your *best* subject? The class where you never fail a pop quiz? This is your money maker - the subject you'll feel most comfortable helping kids with. Remember to have patience with your students so that they can feel comfortable with you, too.

Make a resume. Describe some things you've accomplished (for this example, try keeping it academic-related; something to show off your smarts). Talk about yourself and what you like to do in your spare time. What are your favorite subjects? How are your grades? Include a list of your services - remember to keep it professional!

You will probably want to begin tutoring only a few kids at first so that you don't get burnt out or overwhelmed. Start small. As you get better and feel you can take on more, then do it. But don't kill yourself.

Fees
How much do you want to charge for your service? A lot of people like to charge by the hour or on a weekly/monthly basis. Some make $15-$25/hour, some make $60. Think reasonably and check to see if there are other tutors in your area. If so, do what you can to keep your prices competitive, but fair (to you and your clients).

How will you accept money - cash, checks, or Paypal? Make it as easy as possible for your clients to pay you.

Marketing
Ask teachers at your school if there are any kids they know of who need help with your subject. Let them know that you tutor and ask if they would tell the students' parents about your service. Offer business cards, flyers, a resume or two - something for them to give to parents as a way to learn more about what you have to offer and contact you. Also check out local home school groups and even try talking to friends or family. Put an ad in the local newspaper, post about it online...remember: marketing is one of the most important aspects of any business.

Stay Organized!
Don't let tutoring take over your life - continue to make time for your own studies and personal activities. Keep your priorities straight! You should review your calendar to set up a tutoring time that fits your schedule. If your grades start to slip, it will be harder for you to gain clients.

Have FUN
Don't take up a business unless it's enjoyable. Confucius said: "Choose a job you love, and you will never have to work a day in your life." As I've pointed out in a previous post, doing something you hate may make your pockets full in the end, but you probably won't feel as satisfied as you would otherwise. That's always something to consider before starting a business.


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