After a draining career as a Wall Street trader, the author rediscovered a sense of purpose in education and became a private tutor. Transitioning to this field, they shared strategies for aspiring entrepreneurs, emphasizing the importance of networking within your chosen field and learning from peers. They highlighted the significance of developing a clear pricing strategy based on market research. Their journey, which now involves charging premium rates while working limited hours, underscores the satisfaction and fulfillment found in pursuing a passion for education.
When I first started as a tutor, I shopped my resume around a lot as an independent contractor, and thankfully got more yeses than noes. But if I could go back and do things differently, I would have connected with other tutors to learn their best practices and get more involved in their networks, too.
As you are having these fact-finding conversations, it's a good time to develop your plan to make your first dollar. When you figure out what the least and most you can make is, you can set your pricing accordingly.
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