030 Become a tutor? How Richard has transitioned from teacher to tutor
On this episode of the Your Money Sorted Teachers Podcast, Eileen welcomes Richard Cowell, founder of Richard Cowell Education, as they explore his journey from teaching to launching a tutoring business.
They reflect on how Richard's early money memories influenced his financial outlook. Richard discusses the challenges he faced in the teaching profession, which led to a career reassessment. He emphasises the importance of teachers recognising their value and seeking alternative paths to create wealth and free time. Richard's story highlights the common obstacles and fears teachers encounter when considering non-traditional career options.
Delving deeper into Richard Cowell's journey, we discover how his family's diverse business experiences played a role in shaping his entrepreneurial spirit. Richard speaks about the importance of building a supportive network and provides us with an insight to his transition from a teacher to a thriving business owner. Richard's enthusiasm for helping teachers establish their tutoring businesses and the community he has cultivated to support them shines through.
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[01:00] Richard’s first money memory
[05:38] The teaching industry around payment and time
[17:00] Moving on from teaching
[25:00] Working less hours, under less stress but bringing in more money
[28:00] Having the right support network
[30:00] Tips on setting up your own business as a tutor
Hi, I’m Eileen Adamson, teacher, money coach, host of Your Money Sorted Teachers' Podcast and ex co-host of BBC podcast Clever About Cash. I help female teachers to become happier, healthier and wealthier.