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Ode to joy guitar chords
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A few facts about playing the guitar from professionals.
If each of these elements provided you with 25% more students, your growth would now become geometric! The growth in each of these elements would compound on top of the others. Instead of expanding by only 25%, you can now grow by 144%! If your current state of business is at level 1, and you expand it by 25% (multiply by a factor 1.25) from 4 different business elements, your total growth is about 144%! (1 x 1.25 x 1.25 x 1.25 x 1.25 = 2.44 or 144% increase!!!). This means that your student count can go from 20 to 48 instead of 20 to 25 in one year!
and here is another
Most guitar teachers have only 1 or 2 ways of acquiring new students. Perhaps the most common method is advertising locally (posting flyers or placing ads in newspapers). So to recruit more new guitar students, most teachers either increase the number of ads they release, or change the ads to make them more effective. Let's assume that last year you were able to recruit 20 new guitar students. To increase this number, you publish more ads than before. As a result, this year you recruit 25 new students. Certainly this is good progress (a growth of 5 students or 25% per year), but you have only achieved linear growth. What if, in addition to advertisements you also focused on keeping your existing students longer, establishing joint ventures with music stores, and focused on converting a higher percentage of prospects into students? Most music teachers are completely unaware of how these elements can contribute to their guitar teaching business, and miss huge opportunities for MASSIVE growth!
"Training" your students is one of the most foundational requirements for teaching guitar as effectively as possible and is NOT limited only to giving instruction on being musically creative. To discover your current level of understanding when it comes to teaching guitar, take this guitar teaching skills assessment.
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