The
Podcast

Misconstrued Beliefs: Your value in your business

In our very first episode tackling misconstrued beliefs, we spoke about how to reevaluate your business’s finances. 

That included asking yourself the tough questions – ‘am I overpaying my staff? And can those expenses be renegotiated?’

When I gave the same advice to my colleagues, the response I got was universal and worrying:

‘My instructors, trainers, teachers, and expenses hold more value than I do to the studio and how I pay them and myself will reflect that.’

Y’all, once again, I totally get it.

In fact, when I first started expanding my team, I paid my staff an inflated salary.

I just wanted to be seen as a good boss.

Until the year-end rolled around and I was barely making money myself.

That’s when I realized one thing:

Your studio is your rodeo.

If you don’t value yourself financially, you sure ain’t valuing your business or your team.

Join me in today’s episode as I tackle this belief headfirst and share my 30/30/30 profit roll, how to value yourself in your business, and what ‘constantly being in hiring mode’ means!

In this episode you’ll learn:

  • The real reasons why you aren’t paying yourself
  • Whether or not you are paying your instructors an above-average rate
  • A breakdown of my 30/30/30 profit roll 
  • How to start evaluating your instructors based on the client experience 
  • Ways to renegotiate with open financials 
  • The misconstrued belief of your worth 

LINKS:

https://www.instagram.com/studiogrowco

With grit & gratitude,

Lisé

Recommended Episodes

  • The ABC's of brand building with host Lise Kuecker

    Are you ready to create a brand that's not just seen but felt? To forge an identity that's unmistakably yours? Tune in to EPISODE 605 and let's embark on this journey together. 🚀 Branding: The Heartbeat of Your Studio In this episode, I dive deep into the essence of branding and why it's so much…

    Listen Now

  • Empowering Your Team: The Key to Unlocking Your Studio's Potential

    Are your team members evolving? It's one thing to assemble a group of talented individuals, but it's another to create an environment that encourages growth, creativity, and a genuine love for what we do. If this sounds like your cup of tea, you're in for a treat!  Recently, we caught up with Coach Amanda. She's…

    Listen Now

  • Science Sells with Cara Hazelton and Peter Pastijn

    Y'all, Turns out, pumping iron and pumping your brain go hand in hand. It’s science… In Episode 603, we’re hanging out with Peter and Cara and they're thinking differently about how we’re working out. Here’s what we’re diving into: This episode is more than just fitness talk. It’s about shaping the future of how we…

    Listen Now

  • The 7-Figure Teacher Training Framework

    Y'all, You've got a gold mine inside you, and it's time to dig it out. Think your expertise is just reserved for you? Think again.  In Episode 602, we're diving deep into the world of teacher training programs.  Here’s the breakdown: Your knowledge is more than power—it’s profit.Sooo tune into Episode 602 and we’ll go…

    Listen Now