I Spoke Too Soon
Wednesday, January 11th, 2012After my recent blog post about how well the Living Social special offer was going, today I saw the other side of the offer.
Today I had two new starters, both on the Living Social offer. The first informed me during the lesson that he would only be having the cheap 3 hours, as he is going back to University in Scotland at the end of the week! Hopefully, he will return to me for lessons when he comes back home during the summer break.
The second waited until the end of the lesson to tell me he has managed to get a special rate of £16 per hour with a BSM instructor, so he also will only be doing the cheap hours. I was so shocked that it only occurred to me on the way home that I should have asked this pupil how many hours the BSM instructor thought he would take – given BSM’s notoriously high franchise costs (which work out at about £11 per hour, on a 30 hour week), plus fuel, this instructor will only be making £2 or £3 per hour – he might as well sign-on for that rate!
So in all, today I earned just over £26 for 4 hours work, without taking into account my costs (franchise, car leased, insurance and fuel) – this will probably end up being a negative figure (meaning I make a loss today, rather than earning an income), so I’m scared to work it out!
