It is absolutely possible to make money as a Pilates Instructor! I feel I have to open with that statement as many teachers lament about how it’s not possible to make money in the Pilates business. Or that they do this as a hobby because they have other means of income that pay the bills. But, I am here to tell you that with proper business systems, setting rates that reflect what you’re worth and maybe a little outside of the box thinking you can make a living as a Pilates instructor.
Some of you reading this will be nodding in agreement while others I know may take a little more convincing. I’ll admit when I first began teaching Pilates I asked my friends what they were offering and basically set up shop “business as usual.” I didn’t even think about varying up my Pilates teaching revenue streams. I mean, we schedule someone, they pay and that’s pretty much that.
But, what if you could break the mold? Or, what if you could at least make the mold fit you and where you want to grow as a Pilates instructor. I’ve written about charging what you’re worth in past blogs “Why you should never apologize for what you charge” and “How to Maximize your Earnings as a Pilates Instructor.”
Truth is if you know the way you like to show up teaching: privates, group, virtually or a combination of any of those not only will you enjoy your work life more. But to do this you will have to have a better idea of where all your money is coming from. I’m sure you have rates for privates, semi-privates or duets, mat class, equipment class, first-time session, in-home sessions and insert-your-other-options here. It can be so confusing. How often do you check and see where you make the most of your income? Are you offering packages and taking up decision-making space (and marketing dollars) on options no one is using? Are you maximizing your desired way to teach?
I’m sure you are nodding your head yes….but just to make sure you’re up to date on this info use your scheduling software to run a report on this year so far. Where is all your income coming from? What are your best selling packages? Worst? What session or class times are most booked and least booked? And, who are your best clients (not just nicest but the ones that show up the most)? Is it who you thought it would be?
Once you have this info do you think you would change some of your offerings? Maybe ditch a package option…or class time that isn’t bringing you as much money as a standing private would. Lastly, if you could make money any other way teaching Pilates what would it be? Workshops? Online offerings?
Yes, it used to be that every teacher and studio offered Pilates in pretty much the same things but that doesn’t mean you have to. It doesn’t mean you need to offer packages or multiple package options. You are in charge of your business and you can set your rates and offerings, however, works for you. And, I hope that you do! Because if you are doing your Pilates business as usual (like everyone who came before you). You could be losing money. And, that would be a bummer!
This week we are going LIVE and talking your rates, Pilates teacher revenue streams, and how to take your dreams as a Pilates instructor and monetize them. Join me by registering here. And, if you would like the full Fall series click here.
Let’s get down to the nitty-gritty of where your money comes from and where we can maximize your revenue streams!