fbpx

STG 119: How To Open Your Own Music Store

 

word of mouth referrals

There are several ways to add additional income streams to your teaching studio, but one of the most interesting ways is to open your own music store on a small scale and resell musical instruments, teaching materials and guitar accessories to your students. If your business is well-enough established, your guitar students can be a great internal source of music gear sales and those sales can help cover your business overhead and put more money into your pocket.

In this episode I’ll explain some of the pros and cons of reselling music gear to your students and I’ll give you some “best practices” to help you make sure you avoid some common mistakes a lot of teachers make. I’ll also give you some step-by-step instructions on how to plan out your new music store venture, how to get set up to handle the legal and business details, how to open a wholesale account with musical instrument distributors (including some links you can check out) and how to promote your musical instrument sales to your students effectively.

This PREMIUM episode of the Start Teaching Guitar Podcast is available exclusively for STG All-Access members!

 

To give your teaching business a huge advantage and get TONS of cool benefits INCLUDING the full-length, commercial-free version of this episode, click here to purchase a LIFETIME MEMBERSHIP to STG All-Access today!

STG All-Access members get access to the following VALUABLE RESOURCES:

  • Full-length episodes of the STG Podcast with no advertising or commercials, including a mind map outline containing my PRIVATE NOTES used to record the episodes

  • Access to PREMIUM EPISODES that nobody else gets to listen to with more in-depth “how-to” information

  • Q&A call recordings where you can get ANSWERS to your QUESTIONS about teaching guitar

  • Access to the STG Podcast Archive, and the FIRST 25 EPISODES that are no longer available to the general public

  • Access to the STG Community Forums, where you can interact with other guitar teachers from around the world

  • Much more!

Give yourself a shot of ENCOURAGEMENT and MOTIVATION and the RESOURCES you need to help you build your guitar teaching business! Click this button to purchase your own STGAA LIFETIME MEMBERSHIP:

“Get

STG 119: How To Open Your Own Music Store was last modified: December 26th, 2014 by Donnie Schexnayder

Tags: