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A few facts about playing the guitar from professionals.

Why Guitar Teachers Fail, Reason #2: Having Misconceptions About Marketing And Making Money. If you believe that it is 'wrong' to desire making a ton of money as a guitar teacher, you will NEVER become the lead instructor in your area or earn good money teaching lessons. You will also not achieve success in your guitar teaching business if you think that you don't need to market yourself because you can just 'teach guitar really well' (or that word of mouth is the only ethical way to build a business). A lot of guitar instructors think it is unethical to desire making tons of money from teaching guitar. This causes them to never take action to promote themselves and grow their businesses. Here is why this kind of mindset is Lose/Lose: You'll struggle to earn enough money to get by since you won't be taking the necessary actions to grow your business at a bigger level.



and here is another

The fact that you are reading this article right now means you are currently unsatisfied with how much money you are earning as a guitar teacher (or you are ready to take things to the next level). With this in mind, you are certainly not alone. Here is the bleak reality for most guitar teachers: 1. Many guitar instructors have a hard time making ends meet in their guitar teaching business and make less than 35k annually. 2. Most people who teach guitar have no experience teaching highly skilled students. 3. The overwhelming majority of guitar teachers achieve little success and only teach for 1-2 years before quitting to work in a different profession altogether. On the other hand, there exists a small percentage of highly successful guitar teachers who: 1. Make a minimum of 6 figures each year in their guitar teaching businesses. 2. Quickly turn their guitar students from mediocre players to highly skilled players. 3. Are able to add extra value for their students because they have extra time, energy and resources to put into their guitar instruction. 4. Generally work no more than part time hours every week.



and finally

So how can you solve this issue and how much SHOULD you charge for guitar lessons? Always make sure that you charge a 'minimum' of the average price in your local area (even if you are just getting started). Next, work to make your guitar lessons as valuable as possible in order to transform your students into great guitar players very quickly. Once you can do this, you gain the leverage to raise your rates and have a justified reason for doing so.