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April 27, 2015
Thank you for the replies! I apologize that I have been offline and not able to respond sooner.
Taking all you have said into consideration, as well as the advice of some local yogis, I will probably charge $35 an hour to begin, particularly as my first private student is a very close friend.
I live in the Minneapolis area, where there's considerable economic diversity, and I won't have my 230-hour certification until September at the earliest. However I have a master's degree in another field, and teaching experience there as well. Lessons will likely be in my home studio/living room, so no travel. I will be getting insurance beyond the renter's insurance I already carry. At the moment I am otherwise employed and mostly looking for experience and practice, and to start developing a clientele, before I make the leap.
Currently I plan to use any earnings to fund further study and purchase equipment (mats, blocks, straps, etc.), which will benefit current and potential students as well. For practice teaching, inviting friends over as guinea pigs for regularly scheduled open sessions, I've simply been using a "tip jar" method, which has so far been satisfactory for everyone. However Shanti is quite right; people often don't value things that come free or cheap - humans are funny that way.
Earning official yoga certification seems like a good moment to raise fees, if necessary. Even if this is just in theory: "My fees are now $50/hour or $12/group class except for you, my initial students, who can continue at reduced rates (until X date)." I've noticed studios and teachers announcing rate changes around January 1.
Thank you again for all your help! As a new teacher, I'm a bit overwhelmed sometimes by all the details involved. Your kind assistance is invaluable, and makes me feel like this is all really possible.
Om shanti ~
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