Raising Rates, Eliminating Fear, and Financial Fluency [7FMS Ep. #9]

by Daniel Patterson

 

When, why, and how should we raise rates for our lesson program?

You might have had a coach or business guru lean really heavily on raising rates as their primary coaching “advice” to you…

Forget that.

In today’s episode, we go deeper than “cookie-cutter” advice about raising rates.

We get into the science and systems of how to do this well.

 

 

Here’s what you’ll learn:

  • Nate’s research process for raising rates at BMF
  • How to use Daniel’s template for announcing a rate raise
  • How to eliminate fear and confusion from raising rates by thinking like a waitress
  • How to get your annual rate raise process down to a simple decision you can make in 30 minutes
  • Why over-communicating your rates and policies is actually hurting you… and what to do instead
  • Simple financial habits that you can put into place that will pay off over time
  • Much much more

We thoroughly explore this topic in today’s episode…

And would love to hear your feedback!

You can do so by contacting us here.

 

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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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