If your lifestyle does not permit you to do a nine to five job, you can work from home too. Here's how to start your own classes and be your own boss.
Mrs. Dias is a retired art teacher. She started hobby classes for children last year. Within a year more than 50 students enrolled in her 'Small Wonder Hobby Classes'. She started taking classes from home and now she has hired a place to accommodate growing number of children. Her classes are doing very well.
It is possible to make a profit out of your talent. Starting your own classes is one way to pass on your skills, to make most out of your talent and to enjoy your work. You will be making money soon while working from home if you kept in mind following aspects.
What skill do you have?
Starting your own classes to make good profit is not a bad idea but you need to have a good business plan to be successful. You are going to offer a service which will be beneficial to your clients. You want to pass on the skill that you have got. A school teacher can make a favorable use of his talent by conducting tuitions at home. Meanwhile he can also earn good amount of money. Starting your own classes will give you the opportunity to do what you love to do. You will enjoy the activity as that is what you must have dreamt of since long.
What is your budget?
If you are going to start your own classes no matter whether you will give dance tutorials, teach yoga and meditation, demonstrate cooking or give educational tuitions, you need to know your capacities. Today you may be starting your venture on a small scale but you should never stop dreaming big. While turning your dream of starting classes to reality, take your budget into account. You might need a calm and quiet location if you are going to start yoga classes. On the other hand you will need quite a huge hall to teach dance form like Bharatnatyam.
Do you have enough contacts?
Do not jump start your tutorials or classes before making enough contacts. If you are going to start Lamaze classes, then you need to develop contacts with obstetricians, dieticians and hospitals. Unless you make proper planning, it is not advisable to get started. You need to accomplish lots of things before actually making profit. Meet people who have launched and developed their own classes. Their journeys will be an inspiration for you. Keep a diary and make a habit to make at least five contacts each day.
What about location?
Once you have made your base strong, you can move ahead. Are you going to conduct classes from home? Are you going to hire a place? Are you going to own a place? Take in consideration how much space you will need. Dance classes cannot be conducted in a residential area as you will be playing loud music. Cooking classes will need enough space to put up the gas burners, microwaves, mixers, etc.
If you are going to hire a place, hire it in the prime location, a location that will be compatible to your business. If you are going to own a place you will need to plan beforehand. Remember, a place you will hire now, might not be sufficient tomorrow, when your members will grow in numbers. If you are going to start a hobby class, you may not need a huge space. You will save money by starting a class at home.
How to promote your classes?
First impression is always a last impression. You do not want to disappoint your clients. Start promoting your classes without spending a lot. You may place advertisements, promoting your class in local newspapers and magazines. You may advertise on your local cable network. Invest in printed pamphlets, visiting cards, brochures and billboards.
Make maximum use of free services to promote your classes. Log on to social networking websites, place classified ads on websites, form e-mail chains and believe in mouth-to-mouth publicity.
If you are going to start your own educational tutorials, distributing pamphlets outside every school in your vicinity will be helpful to start getting members enrolling. If you are going to start child birth classes sponsoring a pregnancy magazine will help you to boost the business.
How much you will charge?
You will need to study the market carefully before charging fees to the members who have enrolled for your classes. If someone has launched a motor driving school, then he should study the membership schemes of his opponents. Initially you will need to offer some free services or discounts to get started. Making profit will not be that hard if you followed these rules:
Marketing and promotion are two important aspects if you are going to do a money making activity. Put your talent to a good use and start making money. Maintain professionalism. Remember the words of William Shakespeare, 'no profit grown where there is no pleasure taken.'
- Be professional. Avoid being sentimental.
- Develop and maintain good relations with your clients/members.
- Give best service to your clients. Do not give them a chance to complain.
- Provide affordable packages. Try to be flexible according to the need of your clients.
- Keep on upgrading your skills.
- Keep track of your profits. Try to improve further.