Eduardo Leal
New Contributor
Ok, this is the thing. I’m an English teacher in Madrid. I work for a company (not mine) and I work under a figure called “autónomo” which is basically a freelance. So, even though I have fixed hours (usually around 30 a week) and the wage is ok (€19,90 per hour) you can imagine that it’s not the fastlane.
On the other hand, I am also a personal English teacher. I’ve been teaching online since 2018 and I currently have 7 loyal students whom I charge €96 for 8 sessions of 45 minutes. English teaching in Madrid is very competitive, there are thousands of teachers from all over the world. So it’s a very crowded slowlane. I also have a YouTube channel where I’ve poured time and videos with the intent of monetizing it. I’ve gained some followers, but I’m still not quite there.
I also have to say that I’m married, I have an 8 year old, we rent a flat, we arrived in Madrid in 2015 and we’ve been working our way to financial stability ever since. But it hasn’t been simple at all. And we’re not there yet.
I want to make MY business a lot better. The thing is that all I have is myself, so, time is also an issue. Yes, there are other English teachers, yes I could think about hiring others, but charging more for each session is not something I have in mind. Because of the competition, it makes no sense to charge more. And, honestly, any other teacher is able to do what I’m doing. Why would they work for me, when working for themselves could be just as good or better?
Am I at a dead end street? Is there something I’m not quite seeing that could make my own business a great fastlane idea?
Any feedback, idea, kick in the butt or slap in the face will be greatly appreciated.
Peace and $ to all of you.
On the other hand, I am also a personal English teacher. I’ve been teaching online since 2018 and I currently have 7 loyal students whom I charge €96 for 8 sessions of 45 minutes. English teaching in Madrid is very competitive, there are thousands of teachers from all over the world. So it’s a very crowded slowlane. I also have a YouTube channel where I’ve poured time and videos with the intent of monetizing it. I’ve gained some followers, but I’m still not quite there.
I also have to say that I’m married, I have an 8 year old, we rent a flat, we arrived in Madrid in 2015 and we’ve been working our way to financial stability ever since. But it hasn’t been simple at all. And we’re not there yet.
I want to make MY business a lot better. The thing is that all I have is myself, so, time is also an issue. Yes, there are other English teachers, yes I could think about hiring others, but charging more for each session is not something I have in mind. Because of the competition, it makes no sense to charge more. And, honestly, any other teacher is able to do what I’m doing. Why would they work for me, when working for themselves could be just as good or better?
Am I at a dead end street? Is there something I’m not quite seeing that could make my own business a great fastlane idea?
Any feedback, idea, kick in the butt or slap in the face will be greatly appreciated.
Peace and $ to all of you.
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