Post your website or wherever it is you advertise for students. I assume you must have a website or website listing if you claim to make that much.

Absolutely not going to do that. I can tell you that my main source of business is through word of mouth from existing clients and people I’ve met irl. I started fairly young too around the time I became a master so I’ve been in the game for some time. Market is big but small at the same time. Small in that it’s true that only a small % of recs are interested in coaching.

If you don’t believe me, that’s fine. Please feel free to call me a troll Do not wish to dickwave here. But I will defend myself when someone starts attacking the thing I’m most passionate about.

I’m titled on chess.com though and people reach out with serious requests on there occasionally.

ETA: Just saw your edit. I never claimed to make that much. I extrapolated my hourly part time in a very conservative manner given that’s it’s not a linear transition.

I spent the last three years starting/finishing my undergrad finance degree and on poker so teaching full time wasn’t an option.

@SpinMeRightRound: I’ll likely make a PG&C when I turn 21 and make the move out to LA. I’m fairly liquid which is good. Currently grinding in TX where I went to school.

@6-bet: I empathize with you. Getting hated on is terrible.

Looking at the highest rated coached on chess.com, they seem to charge around $30/hour. I do not think you could do ~2500 hours of coaching next year, nor is there anywhere near enough of a market for one player to do that.
https://www.chess.com/coaches
For the rest of the thread to check.

You're 20. We get it, but we've all been there to. You have less life experience than even 6b does.

Sorry, I’m sure this is coming from a good place but this is misinformed. Most coaches don’t list their rates. I know at least 25 coaches personally- not all of them use chess.com. Every one of them charges at least $30hr some up to $100.

I don’t think it’s necessary to divulge my rate and my existing clientele but you get the point.

The problem with chess.com is that you’re competing vs . coaches worldwide and in places where the COL is significantly lower than the U.S. $30/hr is considered quite a bit.

The average National Master based in the U.S. with several years of coaching experience charges upwards of $50/hr for online lessons. Professionalism is way higher among U.S. coaches based on what I’ve heard.

The $65-85k estimate I laid out was conservative as I’m aware of the difficultly of extrapolating. Getting clients is very tough.

I think I can make more than that playing poker though which is why I’m not going to go that route... full time. I’m aware this is controversial and I’ll find out the hard way myself if I’m delusional.

Continuing to teach chess will be a good way to make some variance free income doing something I love though.

Sure, but the point is if you're charging $50/hr you're competing with the ones charging $30 an hour and from just a brief scrolling, some of those ones are the highest ranked. You then have to get 1000+ hours coaching, which is 20-40 hours a week for an entire year.

Yes, making $20 an hour makes you at a higher rate than most poker players. But, it's like a guy who just made $8k in a month at 1/2 thinking he can make $100k playing live 1/2.

Can you guys take this weird chess coaching slapfight to PMs or something? Jesus christ.

You misunderstood. I’ve already been doing this for several years and have almost exclusively charged more than $30/hr. I’ve worked with countless people. I’m not hypothesizing.

I’m not competing vs those people on chess.com since I host events in real life etc. and get students through word of mouth since I’m good at what I do.

So I stand by what I said: $65-85k in 2021 if I put my focus from now on into that instead of poker. But you’re right. Getting 20+ extra students on top of what I currently have is incredibly difficult and wouldn’t happen overnight. Which is why the range is so wide.

They’re baiting me so..

I apologize for the derail.

After catching up...

6bet imo:

S2 is going downhill fast.

I loathe the new characters

$150 of Japanese food? I hope you fed the entire Thai village.

Cool, I'll bet you $30k to your $10k that you cannot pull $85k in 2021 off chess coaching. If you want to accept go ahead and PM me and I'll start a new thread, otherwise STOP POSTING YOU ****ING WEIRDO

**** off with your chess posts. Holy ****. No one cares. Quit ruining season 2. The encore already let us down. You idiots are pure spoiling it.

Have no clue what trampled poasted but guessing he called me a troll and/or told me to GTFO

haters gonna hate

Nature abhors a vacuum.

Both S1&S2 have many such dips; 6bet usually pulls it round with some stunning poker degeneracy or some anti-normie life displays (or a combination thereof).

Either we'll see some classic thread recovery action shortly or S2 is done.

Time will tell.

Another Life Update

Wow so many replies. I thought this thread would die after I declared I was taking a break. I'll respond to some of these things later but for now, I'll give you guys a quick update:

So I made a conscious decision to give myself a fixed amount of time for my break: this week. So I have until the end of Sunday night to do whatever I want, guilt-free. That's 5 more days.

I figured that giving myself a set amount of time will actually allow me to relax and not feel stressed/guilty about it. It's kind of like saying "I'm going to relax and watch cartoons today, and do my assignment tomorrow" instead of saying "I shouldn't be watching cartoons right now, I should be doing my assignment, I'm a terrible person". Because in both scenarios, the night ends and you've accomplished nothing. But in the first scenario, you were realistic about the situation and you at least enjoyed yourself and unleashed some stress. But in the second scenario, you lied to yourself, you procrastinated, you've added more stress to your life and now you feel terrible.

So that's my mentality. This week, I am letting go of all my stress, and I'm not going to feel bad about it. It's all part of the plan.

Monday the 22nd of June is when gyms reopen in my State, and that's when my new, productive routine will begin. That's when I'll start working hard, improve my health, study poker seriously and get back into the grind.

But yeah, today is Wednesday and I'm just planning to chill today. I've been eating lots of good food this week, like UberEats, and sometimes going out to restaurants and ordering a steak or chicken parma or something. It's been nice, but I know that this isn't sustainable in the long run. Still, I think it's fine if I spoil myself and my wife just this week.

I've also been sleeping in a lot. I went to sleep at 6am yesterday and I'm just getting up now at 4pm. The best/worst thing (depending on which way you look at it) is that the Diablo 2 ladder reset less than 2 weeks ago, meaning that everyone had to start from scratch, as a level 1 character with no items. This means that excitement levels are high right now and we all have a chance of competing for the hiscores. I've almost made the top 1000 characters in hardcore mode on my realm, so that feels good.

To gain a bit of a head start, I actually spent some real life money buying in-game items for Diablo 2 off other players. In total, I spent around $100 USD buying gear for my sorceress. I figure that if I'm going to invest a tonne of time into this game, it's worth spending money on it too, so that I can be one of the best.

Also, there are 2 game modes: normal mode, and hardcore mode. I chose hardcore mode, which basically means that you permanently lose your character and all items on your character if you die. It gives me a sense of risk. A sense of thrill. Like I know I'm torching $100 USD + all the time I spent levelling up my character if I die, so it keeps me alert and focused, and makes the game more interesting.

So I'm pretty excited to continue the Diablo 2 grind today. Every day is a risk. I never know when my character will die. But hopefully I can survive until at least Sunday. And I'll continue ordering UberEats and stuff as well and just enjoy the moment.

Wherever you are right now, ie financially, living situation, career situation, skill level, fitness-wise, etc, is where you are - get to grips with reality and accept it. Now, how can you act optimally to get from where you are now to where you want to be? Where do you want to be?

(I say this since you seem to really be of a timebound mindset where you sort of verbalise your reality as a movement through time rather than viewing it objectively, presently, and from that making optimal decisions)

I don't really have a strong opinion on this matter but I do know that Ben Finegold and Eric Hansen both charge minimum $100/hr and have to turn potential students down

Lmao. Writing an essay full of lame excuses for being lazy,using money on takeaway and doing nothing.

Sent fra min SM-G981B via Tapatalk

"Take some time off...spoil myself...spend money on wifey...piss some more money up the wall..."

LOL classic OP

Atta boy. Everyone knows that video games are super productive!

Yup. TIL that a 21 year old can’t make up to $85,000/yr teaching chess.

Haters gonna hate.

As if that’s even a lot of money if you’re smarter and work harder than most, and were born in the U.S.

Don’t be a bum ido