The reasons or starting a private school include the following:
REASON 1# Money
This is the major reasons you want to start a school!!!
If you are on this site; the major reason is money…
You want to be rich; to escape poverty; or to get even richer…
Most people believe that money is the key to happiness; even though I don’t believe that!
BUT;
Most people believe this and work towards it.
You don’t need to feel bad for this, after all, school is a business and businesses are done to make money.
In fact, no matter, what you believe, we all know that money is an important thing in life.
So, starting a school to achieve that goal is not a bad thing as long as you produce a quality education and you positively add to the lives of people.
The bad thing is to be selfish and greedy because, you aim for money! That’s what you should avoid.
REASON 2# Religion
Starting a school for the purpose of propagating a religion is noble indeed…
It’s a noble reason; it includes starting a school for propagating the various religions in the world today.
Starting a school for this reason may be problematic at times; that is if you think that the money is not necessary; but money is needed to run the school as the school needs to make money to keep the school afloat.
It can be problematic at times to combine the religious reason and money reason, but what you should know is, in as much as ITS IS GOOD to do things for God’s sake, money is used to run the school.
Therefore, you should know how to balance your religious mindset and making of money.
REASON 3# Charity
This is majorly done by charity organizations, philanthropists, etc., so as to provide education to those in need, those that cannot afford education.
It’s majorly found in war struck areas of the country. This kind of school is rare in Nigeria.
REASON 4# Environmental needs
Imagine a situation whereby; you relocate to a new environment, then you see schools around that you feel are well below your level and those that live around the place,
AND
You feel, “well, I can do much better” , then why not, if you can do better and in the process, become rich or even richer, then you got all the reason you need.
This kind of school starts when you find yourself in an area where a standard school is lacking, and there is a need for it, if you feel you can build an adequate and standard school; then, you are good to go.
OR
A case whereby you can’t find a school that meets your needs and because of that; you decided to start a school that will fulfill your need and solve the need of others in the environment. E.g. starting a Muslim school in a place where there are no Muslim schools.
REASON 5# Passion
Another important reason people start private school business is the passion…
Some are just passionate about taking care of children; so, they decide to start school to serve that purpose.
Some are just passionate about teaching and they decide that instead of being just a school teacher; they decide to go ONE BETTER and own a school.
All these are just examples of how people see passion as a major reason for starting a school.
REASON 6# Independence
This also is very important; it is referred to as being FREE FROM THE RAT RACE…
The race that others are in!
That is the job race; looking for jobs and struggling with a 9-5 work period; which leaves no time for you and also with little or no fulfillment and other things that are associated with such jobs.
This also is a situation whereby you are free from any boss!
You are your own boss; no time restrictions; nobody will pay you; you pay yourself and things like that, that you only get from starting your own school.
REASON 7# Creation of jobs
This also is another good reason why many people start schools, to be able to CREATE JOBS FOR THE UNEMPLOYED, thereby making an impact in the life of others.
The situations of things now are not really good, and many people are on the streets.
When you start a school; its an opportunity to take more people away from the streets and make a meaning to their life.
Although, you will also need to take adequate care of them to make sure that they also will provide adequate service to your school.
REASON 8# Innovation
This is also important!!!
Innovation is the order of the day; we are in the era of innovation!
This era, if you want to grow or even survive, you have to be innovative!
This apply especially to the private school industry with so much competition everywhere with the amount of schools around, you need to be innovative to stay ahead.
So; if you feel you are innovative enough, and you have a COMPETITIVE EDGE, then why not start your own school.
As I normally say “if you can do it better; then why not!”
Source: https://privateschoolresult.com/reasons-to-start-a-private-school-business/
Olalekan Ajimoti – Blogger, Content Writer, and Digital Marketer helping brands and retailers build 8-figure e-commerce since 2016.
As a corporate trainer, brand communications expert, and brand consultant, I help people start, stay and grow in business leveraging digital skills and traditional expertise.
