Upgrade Your Education Business

08 Let's talk money!

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Episode notes

"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:

  1. Feeling awkward to chase payments
  2. The pressure when a client thinks you're too expensive
  3. Increasing prices, especially for existing clients


Bonus: I share insights given by some members in my Facebook group.


What you can do next:

  1. Book a free call with me if you'd like to see how I can help you
  2. 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
www.upgradeyoureducationbusiness.com


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👋🏽 Hello! I'm Sumantha McMahon, a qualified business trainer with over 15 years' experience, and a former teacher turned tutor.

I specialise in supporting education business owners launch, grow and scale on their terms.

Here are three ways to work with me:

#1 Bespoke 1:1 Mentoring
Goal-driven wrap-around support, with 1:1 strategy calls, WhatsApp support and free access to The Tutors' Mastermind.

#2 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.

#3 The Training Jukebox
A growing hub of resources and self-paced courses e.g. group classes, to help you pick and choose specific areas of your business to boost.

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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.