5 Reasons To Start An Independent Tutoring Business

Start a tutoring business

Reasons to Start a Tutoring Business

By Guest Author, Jared Rand of The Knowledge Round Table.

Breaking from your employer and setting off on your own is a difficult decision to make. However, there are few industries better suited for self-employment and entrepreneurship than tutoring. So here are five good reasons for educators to start a tutoring business.

Painless Transition

The transition can be relatively painless when you take advantage of contract opportunities from existing tutoring agencies. Before you leave your full-time job, partner with a couple of companies to begin building your clientele. Additionally, many companies, including my own, take on new tutors on an ongoing basis.

You can build trust with the companies to secure a steady flow of leads. Most importantly you can leverage the relationships you build with students to garner referrals. I’ve written about how to build relationships with students here.

Strong Demand

Demand is strong for both private tutoring and test prep classes. As school budgets are cut, students are increasingly under-served. And as income inequality widens, wealthy families increasingly decide to pay for outside help. Sure, this situation is bleak for pretty much everyone involved, except for tutors. But ultimately, these are students who have demands that need to be met.

Adoption of the Common Core Standards may also benefit the tutoring industry. As the name implies, it is an obvious step in the direction of a “one-size-fits-all” curriculum. For better or worse, it will inevitably have some students falling through the cracks. To clarify, you can be sure that some of those parents will turn to tutoring.

NCLB Waivers

Most states have now been granted waivers to the requirements imposed by The No Child Left Behind (NCLB) Act. This act mandated the appropriation of school funds for tutoring services.

This might be bad for tutoring companies that relied on revenue from Supplemental Educational Services (SES) provided directly to school districts. However, this could be good for independent tutoring startups who didn’t have access to these markets.

These changes have also placed many tutors with years of experience out of work. In other words, this makes it a fantastic time to be hiring tutors.

Flexible Schedule

Entrepreneurs set their own hours. The way I see it, there are three ways to structure your schedule as a tutoring entrepreneur, and they depend on how you choose to run your business.

One business model is to do most of the tutoring yourself. In this case you’ll work mostly on evenings and weekends. If you wish to play more of a managerial role, there are (very roughly) two models, each with a corresponding schedule.

The first is to pound the pavement during the rest of the world’s regular work hours. Use this time to build relationships with schools and other professionals. I would call this the “old-fashioned” model.

The second option is to build your business online by becoming a master digital marketing. For example, web development, SEO, social media, and blogging.

Challenges

Running a tutoring business combines the challenges of teaching with the challenges of entrepreneurship. Every day is a learning experience. That is to say, finding the right words to motivate a discouraged student to regrouping when the seasonal fluctuations of the industry catch you off-guard.

Starting your own tutoring business, especially in this climate of education reform, might be a painless way to achieve independence. That is to say, becoming a contract tutor with other companies is definitely the place to start. You can find out more about becoming a tutor with my company, The Knowledge Roundtable, here.

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