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To
Sell Or Not To Sell
By Karin
Wilde-Berry
When joy and freedom trump responsibility and prestige, the
answer is a resounding yes!
If I’d had
any lingering doubts that selling my dance studio was the
right decision, they were dispelled with a loud crash. My
ballet students and I raced to the window to see 3-year-old
Miles, a student’s sibling, standing outside with stones in
his hand, and his shocked mother running toward him. Miles had
broken a $600 window—and I was no longer responsible! I didn’t
have to submit it to my insurance company and call my
landlord. I was practically giddy!
Many studio
owners wonder what it would be like to give up running a
business to simply teach. Having lived through this transition
recently, I can tell you that the decision process was
agonizing. But in the end I found peace and freedom by staying
true to my passion.
A studio
owner for eight years, I had had no plans to sell the business
anytime in the near future. However, over the course of a few
months several events (things I could easily have handled in
the past) devastated and wearied me, leading me to reflect and
re-focus. First, a mother embarrassed by her strong-willed
daughter released a verbal barrage of insults at me; second, I
no longer could accept that my part-time employee’s weekly
paycheck, FICA, and workman’s compensation totaled more than
my salary. But the final blow came when my landlord rented the
space adjacent to my growing studio (which I had expressed an
interest in expanding into) to another dance studio.
From this
unexpected, painful experience I came to the realization that
although directing a school with more than 250 students and
teaching 20 weekly classes had been a blessing, running the
business took up more time and energy than I had ever thought.
The only time I felt free was when I was in the classroom,
relating to the students. I loved them all! I felt that I was
flowing in my gift, that I was touching the world by inspiring
dancers, training them with quality technique, encouraging
them in their efforts, and watching them improve. Suddenly I
realized that I was created for the classroom, not for running
a business. Teaching is my passion; it’s what makes me excited
and joyful.
So the
process of selling my studio began. After contacting various
people in the dance world for advice, I phoned a like-minded
acquaintance with a studio 40 miles north of my location and
invited her to purchase what would become another branch of
her school. She was delighted and encouraged me to stay on as
a well-paid teacher with the freedom to schedule my own hours.
Now, I receive a monthly income from the purchase of my studio
(to be complete in three years), while teaching classes and
earning a real paycheck.
Of course,
such a major life transition is never simple. As I struggled
with the death of a dream, I experienced a type of grieving.
During that time I made a list of everything I hoped to do in
my lifetime (and I’ve already begun some of them): take
Russian ballet and hot yoga classes; brush up on my guitar
playing; study pastel drawing; learn Italian. I had to handle
the disappointment of my young students, some of whom stopped
dancing when they could no longer get into my classes. And of
course, as an employee of the new owners, I must cope with
their tastes and preferences, as well as the loss of status
and control. Let’s face it—I like to be in charge, yet now I’m
just one dance teacher out of seven. I’m not always recognized
for how special I think I am. I must now become a team player.
Still, the
good outweighs the bad. I no longer have to play the opposing
roles of aggressive studio owner (with an eye fixed on the
bottom line) and the fun dance teacher (with an eye solely for
her students). These days, now that I have less to worry
about, I am more relaxed, better able to embrace the moment
and explore new creativity. I’m free to develop personal
relationships and outside interests, like whipping up fancy
dinners to share with the love of my life, my husband of 25
years. You can also find me in new places, like hanging out in
cafés reading the complete works of Jane Austen, or taking
long nature hikes, or writing my Princess Ballerina
curriculum.
I am
learning that peace comes through adaptation to change. I’m
learning to embrace the things I hold dear and let go of them
when the time comes. I have found freedom and joy in
recognizing that my passion is dance education, not running a
business, and in releasing the aspects I didn’t like even
though I found them prestigious and important.
But I’ll
sacrifice prestige for love and happiness. Shortly, I will
leave to pick up my 4-year-old granddaughter, Kirsa. Together
she and I will bake and paint and, yes, perhaps even dance.
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