The truth is when a prospective student visits your school, a vast majority of them could care less about your accomplishments. Meaning they don't care what world titles you hold, or really what degree black belt you are. They are mainly interested in what you can do for them or their child. Are you going to get people coming in asking what rank you hold? Certainly, BUT, I can promise you it is not enough to be concerned with.
I would suggest educating yourself on business management, marketing, and sales. Does that mean taking college courses in the above disciplines? It wouldn't hurt, but you can get a great education (possibly better) for a fraction of the cost of college by investing in books on the topics above.
All of my staff of instructors have required reading by the following authors:
Michael Gerber's book The E-Myth Revisited
All books by Dan Kennedy, Jay Abraham, Tom Hopkins and Brian Tracy.
Don't start looking into opening a school until you know how to run a business first. Just because you are great athlete doesn't mean you are a good businessman. Think about it.
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