Upgrade Your Education Business

The Income Dip Every Tutor Faces and How to Plan for It


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Every tutor faces an income dip at some point. The question is whether it catches you off guard every time or whether you have a plan for it. This episode covers both. What to do if you are in one right now, and how to make sure it never blindsides you again.

In this episode, you will discover:

• Why the income dip feels more alarming than it usually is, and what that feeling is actually telling you

• Practical things you can do right now if you are already in a quieter period

• How to use a sales boost to create momentum even when the diary is thin

• Why planning your finances around the academic year is working against you, and what to do instead

• How your pricing might be part of the problem and how to start thinking about it differently

You might also find this useful:

Episode 211: The Tutors Who Grow the Fastest Do This in Summer

Episode 205: Avoiding Burnout As A Tutor Business Owner

Episode 209: How to Set Your Tutoring Prices

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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! Yes, I'm qualified too :-)

My training leans on tried-and-tested methods that are completely tailored to our niche.

Work with me to breathe life into YOUR definition of success:

#1 Bespoke 1:1 Mentoring

High-touch 6-month programme for tutors who want to make their business more lucrative, in a sustainable way for the future, while protecting the impact they make.

#2 The Tutors' Mastermind

The leading membership for tutors that combines tailored training (live and recorded), a community of like-minded business owners and exclusive discounts.

This podcast is recorded using Riverside. Sign up for your account here (free plan available)

____________________

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.

© 2024 Sumantha McMahon

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Upgrade Your Education BusinessBy Sumantha McMahon

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