159 – How to Build a Profitable & Sustainable Music Education Business – with Wendy Brentnall-Wood

Have you ever thought about teaching music? Are you already a music teacher looking to increase your revenue? In this episode of The New Music Industry Podcast, I talk to music educator Wendy Brentnall-Wood and tease out insights about student retention, building revenue streams, how to avoid burnout and more. Download the PDF Transcription Podcast Highlights: 00:34 – Introduction 00:55 – Share about your passion 01:58 – From teaching students to teaching teachers 02:42 – Artistically inclined but business deficient 03:13 – Competition in music education 04:11 – Income potential in music education 04:44 – Student retention 07:01 – Value-added services 11:35 – Burnout with music teachers 14:44 – Teaching happens during social hours 15:58 – How can music teachers ensure profitability? 20:01 – Staying focused with your revenue streams 21:19 – How to store ideas 21:39 – The devaluing of music education 27:36 – Paying for quality 30:12 – What is the message you wanted to share through your book? 34:32 – Why did you write a book? 36:12 – What are some of the greatest challenges you’ve encountered? 37:48 – What are some of the greatest victories you’ve experienced? 39:19 – Are there any books or resources that have helped you on your journey? 40:48 – Is there anything else I should have asked? Transcription: Coming soon. Upgrade to Members Only Audios for more exciting, exclusive training.