Balancing Passion With Profit

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So many of us dove into our studio ownership more fueled by abounding passion than business acumen.

Fervor is fabulous but doesn’t automatically equate to profits. Even if you’re not a numbers person, profitability is critical. Coach Elle Kealy walks you through her journey from naive to savvy studio owner over the last 20+ years in Episode 636, Balancing Passion With Profit. 

  • Embrace a CEO mindset: commit to understanding and practicing business skills
  • Get out of your own way: quit doing absolutely everything and delegate instead
  • Invest in education: learn about finances, marketing, operations and risk management
  • Cozy up with the numbers: make a budget, set financial goals, track performance
  • Reap rewards: benefit from less stress, more opportunities and a regular paycheck!

Passion is the heart of your business; profit is the lifeblood. Discover how they can work hand-in-hand so your business thrives in Episode 636.

Catch you there.

With grit and gratitude,
Lisé

LINKS:

https://studiogrow.co/

https://www.instagram.com/studiogrowco

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

Instruct & Inspire: Teacher Training – What Type of Teacher Training Should I Have?

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Building something worthwhile is a marathon, not a sprint. It’s putting one step in front of another, fueled by perseverance and the end goal in mind.  

So continue on our journey of developing a framework for teacher training. Coach Cara Hazelton and Coach Caroline Plambeck share important building blocks in Episode 635, Instruct & Inspire: Teacher Training – What Type of Teacher Training Should I Have? 

  • Assess the approach: select your format: comprehensive or modular 
  • Determine your delivery: opt for online, in-studio or a combination 
  • Pick your platform: research tools like Kajabi and CRM capabilities for online offerings
  • Specify SOPs: establish audit options, CECs, rubrics and timeframes for completion
  • Pinpoint prerequisites: specify participant experience, class requirements and references 

Creating a teacher training program is a step-by-step process that leads you to a rewarding finish line. Keep exploring the roadmap in Episode 635.

Catch you there.

With grit and gratitude,
Lisé

LINKS:

https://studiogrow.co/

https://www.instagram.com/studiogrowco

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

Instruct & Inspire: Teacher Training – Should I Even Have a Teacher Training?

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Every studio owner is likely looking to boost revenue, differentiate their business and build a strong team. Might teacher training be an all-encompassing solution?  

Yes, it’s a huge undertaking. But done well, it checks all those boxes. What’s not to love? 

So catch Episode 634, Instruct & Inspire: Teacher Training – Should I Even Have a Teacher Training? with Coach Cara Hazelton and Coach Caroline Plambeck to see if it’s your next best step.

  • Know your why: identify your goals – income, staff, branding, personal development
  • Explore the territory: research the ins and outs of other local teacher trainings 
  • Count the cost: commit to teacher training as an all-consuming project  
  • Consider the possibilities: mull over modalities, in-person/hybrid, modules and more
  • Expand your audience: invite massage therapists, chiropractors and PTs 

You should invest 9-18 months to develop your teacher training. We’ll take you through the process in this series. Dip your toe into the water in Episode 634 and peek at the potential. More to come!

Catch you there.

With grit and gratitude,
Lisé

LINKS:

https://studiogrow.co/

https://www.instagram.com/studiogrowco

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

Instruct & Inspire: Teacher Training Series Intro

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Amidst multitasking and managing the minutiae, it can be daunting to dare to dream about building your business. We’ve been there, and we can help.

Let’s start with teacher training. While it might seem like a big, hairy, audacious goal (BHAG), Coach Cara Hazelton and Coach Caroline Plambeck break it down, starting with Episode 633, Instruct & Inspire: Teacher Training Series Intro. Pique your interest and get the wheels turning to envision what’s possible.

  • Gear up: expect a huge undertaking that requires loads of attention
  • Make the call: purchase a white-label curriculum or craft your own
  • Cultivate credibility: identify your brand as a leading expert and nurture loyal fans
  • Equip your leaders: boost your instructors’ skills and ensure consistent quality
  • Reap revenue: benefit from an ongoing source of income (vacation, anyone?)

This series covers all the need-to-knows – like should you have a teacher training, what kind of teacher training and nitty-gritties on payment, policy, pauses, certification and affiliation with larger organizations. Kick off this practical deep dive in Episode 633. 

Catch you there.

With grit and gratitude,
Lisé

LINKS:

https://studiogrow.co/

https://www.instagram.com/studiogrowco

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