Does Competition Threaten Your School? [7FMS Ep. #58]

by Daniel Patterson

 

Would you panic if another music school opened up just down the street from you?

What do you do if you find yourself with one or more competitors to your lesson program?

In this EXTREMELY practical episode, Daniel and Nate give nearly two dozen actions you should take in the face of competition to your music school.

Click below to listen to the episode.

 

Or, check out the video version of the podcast:

 

 

Here’s what we cover in the episode:

  • Is a corporate chain a threat to your music school?
  • How to find hidden business opportunities when facing threats
  • Brooklyn Music Factory‘s curriculum strategy that helped them beat their competition
  • The biggest threat to your business (it’s not who you think it is)
  • How to assess external threats to your school
  • Other practical ways to analyze your competitors (cost analysis, employee wages, and other things to look for)
  • Nate’s most important principle for safeguarding your school
  • 4 ways to expand your marketing right now to get more students

We’d love to hear from you… what was your big takeaway this episode? What questions do you have?

We won’t know unless you reach out and tell us!

You can do so by contacting us here.

PS > We are hosting another live podcast recording!

Join us for a special live recording of ‘How to Manage Makeup Lessons in Your Music School’ on February 10th from 1pm-3pm EST. 

Bring your challenges and business questions, and let Daniel and Nate help you solve them. 

Don’t miss this opportunity to participate and gain valuable insights for your music school. Sign up below!

 

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Daniel Patterson is a private teacher, writer, and marketing consultant for music schools. He began teaching in 2004. He co-founded and led marketing operations for a summer music camp that sees over 200 children each summer.

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