Episode 117 What business model will allow you to have a profitable, sustainable and enjoyable teaching business

Get richer teacher with Ola Kowalska

As a teacher business coach, I specialise in helping my clients develop businesses that are not only profitable and sustainable but also bring them genuine joy. In episode 117 of the Get richer, teacher podcast I'm sharing insights into four business models, examining their pros and cons in relation to these three crucial components of a successful teaching business.

Here's my take on these elements:

– Profitability is about earning enough to cover expenses, provide financial security and enhance your overall quality of life.

– Sustainability involves crafting a business model that seamlessly integrates with your lifestyle, allowing you to balance work with personal commitments such as family, hobbies and other responsibilities.

– Enjoyment is subjective, but for many of my clients, it involves maintaining a meaningful connection with their students. Most of them are not willing to completely abandon teaching.

Listen to the episode to learn about the costs and benefits associated with four popular business models: one-to-one teaching, selling digital products, memberships and group programs and which of them is my favourite!