How much (hourly) would you pay for SAT/ACT/GMAT prep from a perfect or 99th percentile scorer?
I've been working on my (early stage) startup and as a way to raise money for it without having to give away any equity, I had considered starting a standardized testing tutoring company. I’ve scored perfectly on one and 99th percentile on others, and I do enjoy helping others achieve their goals as well, so I feel like it’d be a perfect fit. How much would you be willing to pay? Mods, feel free to delete this if it isn't allowed.
Based on the most helpful WSO content, pricing for standardized test prep from a perfect or 99th percentile scorer can vary significantly depending on the tutor's experience, location, and the level of customization offered. However, here are some insights:
Hourly Rates:
Value Proposition:
Market Considerations:
Startup Strategy:
If you're targeting high-income areas or students aiming for top-tier schools, you can likely charge on the higher end of the spectrum.
Sources: ACT/SAT is more important than GPA, My GMAT Study Plan, Q&A: Former MBB Consultant, Q&A: Former MBB Consultant, Which schools will value a very high GMAT the most?
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