Lessons Learned From 100 Episodes! [7FMS Ep. #100]

by Daniel Patterson

 

On December 1st, 2021, we started the 7-Figure Music School podcast.

At that time, we thought of it as an experiment. 

We didn’t know how it would be received. We didn’t have any plans for how long we would continue to make episodes.

As it turns out…

Listeners had a lot of questions for us… and we had a lot to say about those questions!

For our 100th episode, we reflected on what WE have learned over the past 100 episodes.

What did we get wrong? What surprised us about music education, owning a school, or any of the common “struggles” that owners have?

For our 100th episode… we look back so that we can ALL look forward in 2024.

Click below to listen:

 

 

Or, check out the video version of the podcast:

 

 

Here’s what we cover in the episode:

  • Thinking of selling your music school? Tips for making a profit, building passive income, or planning retirement
  • Financial fluency + advice on investing in your music school
  • Where to put your focus when you feel overloaded
  • Mastering studio ownership: overcoming common hurdles with time management, student retention, and lack of vision
  • How small improvements in your studio can lead to big wins

What was your biggest lesson learned in 2023? What questions are “plaguing” you as you go into 2024?

Let us know by contacting us here.

Free Workshop

On Thursday, December 7th, Daniel is hosting a FREE workshop that will prepare your music school for 2024.

If you’d like support and training on creating an action plan for your school in 2024…

You are going to want to register for this workshop.

In this workshop, you will:

  • Learn a simple annual planning process that you can use
  • Learn how to take your plan and actually use it during 2024
  • Follow along as we actually start the annual planning process WITH you
  • Hear inspiring stories about how the annual planning process created huge changes in my businesses
  • Harness the power of team brainstorming to identify your school’s strengths and weaknesses
  • Learn strategies to address challenges in your studio (internal + external)
  • Make the most of the unique programs your school has to offer
  • Learn from several special guests (I’m keeping them a secret for now!)
  • Participate in a live Q&A with Daniel and guests

A replay will be made available but only to those who register.

Click here to register for the free annual planning workshop

Sponsors

SPONSOR – Piano Express from GroupLessons.com

Would you like to start a group piano program in your studio… but are concerned about the logistics, the setup, and (most of all) the response from your studio families?

Don’t be scared!

Head over to GroupLessons.com, sign up for a free demo, and we’ll show you how hundreds of studios have easily started a new group program (sometimes in just a few weeks)… with little to no difficulty.

You can even begin our owner training for free (download our shopping list, and look through our teacher guides and method).

Don’t let an imaginary “boogeyman” keep you from making a profitable change in your studio!

SPONSOR – Big Music Games

Big Music Games provides fun with a clear purpose. Ear training and music theory for students ages 4-14. 

Level up your student’s ears & ignite their passion and motivation to practice with 15 levels of rhythm, melody, harmony and songwriting games. 

Join the tribe of teachers dedicated to improving the way the world educates the next generation of musicians. BigMusicGames.com/7FMS

 

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Daniel Patterson is a private teacher, writer, and marketing consultant for music schools. He began teaching in 2004. He co-founded and led marketing operations for a summer music camp that sees over 200 children each summer.

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