Building Your Mission, Vision & Core Values

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Y’all, be honest. Do you really understand what a mission, vision and core values mean for your studio and why they matter? And why should you care?

Consider these essentials for a moment with Coach Matt Hanton and Lisa Taylor, Studio Grow’s Bespoke program director, in Episode 656: Building Your Mission, Vision & Core Values.

  • Learn the language: mission is what you do; vision is the utopia you’re aiming for
  • Know thyself: understand how your own values influence your business  
  • Insist on specificity: empty platitudes don’t deliver direction or results
  • Create your compass: thoughtfully articulate your studio’s North Star 
  • Keep watch: ensure core values are observable, measurable and re-creatable

Your mission, vision and core values define and embody your brand. Without them, you’re simply running fitness classes. Explore the rationale and the process in Episode 656.

Catch you there.

With grit and gratitude,
Lisé

LINKS:

https://studiogrow.co/

https://www.instagram.com/studiogrowco

https://www.linkedin.com/company/studio-growco/

https://open.spotify.com/show/04zR1tRiRhQUdIfvLbh60N

The State of the Yoga Industry

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Sure seems like everyone today is desperately seeking some zen on the mat. The global yoga industry is expected to climb from $180B in 2024 to $215B in 2025.

Coach and yoga studio owner Caroline Plambeck lays out the optimistic landscape of opportunities to capitalize on surging interest in Episode 655: The State of the Yoga Industry.

  • Ask for wish lists: chat with clients about their preferences for yoga offerings
  • Broaden your appeal: accommodate beginners, advanced yogis and men
  • Practice variety: mix it up with specialized classes, workshops and retreats
  • Welcome workers: create tailored corporate wellness programs for nearby companies
  • Add URL to IRL: beef up online/live stream options to extend your reach

As the demand for holistic wellness and steady stress relief grows, build your business by capturing new and potential yoga practitioners. Plan your next moves with Episode 655.

Catch you there.

With grit and gratitude,
Lisé

LINKS:

https://studiogrow.co/

https://www.instagram.com/studiogrowco

https://www.linkedin.com/company/studio-growco/

https://open.spotify.com/show/04zR1tRiRhQUdIfvLbh60N

Real Estate, Loans and Investment: Deciding the Best Financing for Your Studio

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Let’s talk money – as in financing your first studio or funding to scale and add locations. By understanding your options, you can quell your anxiety and prepare for the process. 

Coaches Caroline Plambeck and Alex Lavelle got you covered in part 3 of our series: Episode 654: Real Estate, Loans and Investment: Deciding the Best Financing for Your Studio.

  • Speak the language: know conventional, non-conventional, credit stacking and niche
  • Saddle up: getting approved for an SBA loan can be a time-consuming challenge
  • Think big: buying your building may be better than leasing or renting
  • Collect cards: consider credit stacking to fund smaller projects 
  • Fear not: denials happen, so fine-tune, be tenacious and don’t quit

The bottom line, according to Alex? Know the rules. Play by the rules. And play to win. Get ready to get in the game with Episode 654.

Catch you there.

With grit and gratitude,
Lisé

LINKS:

https://studiogrow.co/

https://www.instagram.com/studiogrowco

https://www.linkedin.com/company/studio-growco/

https://open.spotify.com/show/04zR1tRiRhQUdIfvLbh60N

From Planning to Build-out: Financing Your Studio the Right Way

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Turning your vision into a reality can be intimidating without some know-how about the process. After securing funding, learn how to hire and work with a contractor in part 2 of this series.

In Episode 653: From Planning to Build-out: Financing Your Studio the Right Way, join Coach Caroline Plambeck and Coach Alex Lavelle for smart suggestions on this next step.

  • Tap your resources: seek referrals or visit Home Depot or Lowes to find contractors
  • Vet thoughtfully: check out scope of work, confirm license, request wholesale pricing
  • Persevere: keep interviewing contractors to find the best fit; don’t settle
  • Shop around: get several quotes and ask preferred contractor to match lowest cost
  • Set expectations: arrange meetings, timelines and payment schedules with contractor 

You can save thousands of dollars (and headaches!) by choosing the right contractor. Create a systemized approach based on in-the-trenches advice in Episode 653.

Catch you there.

With grit and gratitude,
Lisé

LINKS:

https://studiogrow.co/

https://www.instagram.com/studiogrowco

https://www.linkedin.com/company/studio-growco/

https://open.spotify.com/show/04zR1tRiRhQUdIfvLbh60N