When is it Okay to Give Up? - A Music Teacher's Perspective
Hey there, music lovers! Today, I want to discuss a tough topic that many music teachers and music school owners grapple with: when is it okay to give up? As a successful music school owner myself, I want to offer some insights and advice on this matter.
Now, I must admit that this vlog is probably the hardest one I've ever had to record. I've gone through multiple takes and decided to freestyle it, speaking to you as if we're having a face-to-face conversation. So, bear with me as I tackle this honest and challenging topic.
First off, let's clarify the difference between giving up and the situations I'll be discussing today. Giving up is simply wanting to quit because things are hard or you desire an easier path. However, the scenarios I'll be addressing are not about giving up. Instead, they involve changes in life circumstances, new opportunities, and positive steps forward.
Reasons to Consider Moving On
Here are five reasons why I believe it's okay to finish up:
1. Your Music School is Negatively Impacting You and Your Family
Whether you have a small teaching business with 30 students or a larger school with a thousand students, if your music school is causing extreme stress, draining all your time and money, and showing no signs of improvement, it may be time to reassess. Consider setting a time limit, such as 12 months, and if things don't change for the better, it's okay to sell off what you have and explore other career options. Remember, your well-being and your family's well-being should always be a priority.
2. A New and Exciting Opportunity Arises
If you're presented with a better opportunity that excites you more, such as being recruited by a larger music school or a university teaching position, it's perfectly acceptable to move on. Sometimes, a sideways move into a management position or another youth development job that allows you to use your skills in inspiring and helping others can be the fresh start you need.
3. Passion for Teaching Music Has Diminished
Passion is a crucial element in any profession, and teaching music is no exception. If you've lost your passion for a significant period of time despite trying to reignite it personally and in your business, it may be time to consider other options. Take a look at your work-life balance, personal well-being, and overall enjoyment of the job. Remember, you deserve to be in a profession that brings you joy and fulfillment.
4. A Buyer is Interested in Your Business
If you've built your music school and someone approaches you with a genuine interest in buying it, this can be a great opportunity for you to move on to new endeavors. Ensure that you're confident in the buyer's abilities to carry on your legacy and take the school to the next level. With the proceeds from the sale, you can invest in other ventures or even pursue personal goals, such as buying a second home or exploring new business opportunities.
5. Major Life Changes
Life is unpredictable, and sometimes circumstances may arise that make it difficult to continue running your music school. Whether it's a personal loss, a partner's job offer in a different city, or any other significant life change, it's important to prioritize your well-being and acknowledge that it's okay to move on. You don't have to push through challenging times when it's not feasible or healthy to do so.
Remember, you're not a failure for considering these options. Running a business is hard, and sometimes, it's necessary to make changes for your own happiness and success. It's crucial to assess your situation, explore various possibilities, and make an informed decision.
If any of these scenarios resonate with you, I encourage you to reach out to the #BAMSQUAD or visit our website at buildamusicschool.com. The #BAMSQUAD is a community of experienced music school owners who can provide guidance and support based on their own journeys.
Remember, you have the power to make the best decision for yourself and your future. Don't be afraid to explore new opportunities and prioritize your well-being. Finish strong and embrace the next chapter of your professional life!
Thank you for joining me in this deep and honest discussion. If this vlog resonated with you or helped you in any way, please let me know in the comments. And as always, stay tuned for more exciting content from me. Take care!
Join the #BAMSQUAD today at buildamusicschool.com