PPP098: What is your Exit Strategy?

25Jun 2018 by Shelly Davis

According to the dictionary, the term “Exit Strategy” has three definitions:

A method or plan for extricating oneself from an undesirable situation
A plan and timetable for withdrawal from a military engagement
The method by which an investor intends to cash out of an investment.

Today, I would like for your to consider your “Exit Strategy” or plan for piano lessons?

Once you start piano lessons, how long will they last? What will be the reason you decide to stop? If your child seems uninterested, how will you know it is time to quit?

Career Strategy

Considering what the end will look like determines the decisions we will make and the actions we will take.

Once we determine what we “want to be when we grow up” we can set our course to achieve that goal by selecting extra-curricular school activities, college programs, and opportunities that will help us.

When the time comes to leave one job and start another, an exit strategy will help avoid rash decisions based on emotion or external circumstances.

Wade Cottingham spoke about changing jobs in last week’s episode.

Family Strategy

Even family relationships come to an end for one reason or another.

Have you considered what you will do when your parents die? Are you being intentional about your relationship with them now to store up memories to treasure after they’re gone?

I believe a lot of marriages die because both spouses do not have a solid exit strategy. I hope you and your spouse have determined to honor your wedding vows for life. If you recognize that you are going to be with your spouse for the rest of your life, you will filter your words and actions.

Even our children will not be under our primary care forever. Our exit strategy for them should be that they become productive citizens who contribute to society. It is my job now to train them to take care of themselves. They need to learn to be responsible and self disciplined. Those skills begin now, while they are under my primary care.

Piano Strategy

Do you start piano lessons thinking about what the end will look like? Have you decided on your minimum commitment? Will your strategy help your piano kid to continue lessons through the up and down emotional roller coaster? When practicing isn’t as new and exciting anymore, will you let your piano kid quit or will you teach them perseverance by insisting they continue lessons?

How will you know it is time to quit piano lessons? How will you know if it is time to switch to a different teacher? What will you do when some other activity catches your child’s eye?

How to leave your teacher?

Establishing good practice habits