The
Podcast

Stephanie Moran and Taking the Leap (Part 2)

The Business of Boutique Fitness

433: Stephanie Moran and Taking the Leap (Part 2)

The Business of Boutique Fitness         The Business of Boutique Fitness        
433: Stephanie Moran and Taking the Leap (Part 2)           433: Stephanie Moran and Taking the Leap (Part 2)          
More
Speed: 50% Speed: 75% Speed: Normal Speed: 125% Speed: 150% Speed: 175% Speed: Double Speed: Triple
Back 15 seconds
Forward 60 seconds
More
more
    Speed: 50% Speed: 75% Speed: Normal Speed: 125% Speed: 150% Speed: 175% Speed: Double Speed: Triple
    Back 15 seconds
    Forward 60 seconds
    Currently Playing

    Knowing your numbers is more important now than ever. 

    And we aren’t talking about your waistline either.

    COVID-19 has forced owners to take a fine-toothed comb to their account books, class schedules, and employee records, and re-evaluate their income and expenses. 

    But are you paying close enough attention?

    Today, we’re continuing our chat with Stephanie Moran, the founder/owner of CYB Studios and the co-founder and Head of Revenue for iKizmet, a software that provides visual data analytics for the fitness and wellness industry. 

    And as the co-founder of iKizmet, Stephanie has a lot to say about what a studio’s numbers should look like. 

    In today’s episode, Stephanie breaks down the questions studios should be asking themselves numbers-wise, the importance of having diverse streams of income, how to build a quality team, and how to transfer any corporate experience into your studio. 

    This episode is a short one, but it’s doggone filled with useful information, so make sure to listen closely!

    In this episode, you will learn:

    • All about Stephanie’s journey with her husband’s business, iKizmet, and the role it has played in studios
    • Why she strongly believes that you need multiple revenue streams
    • The reasons it’s better to hire full-time employees versus independent contractors
    • How Stephanie translated her corporate experience into running her own business
    • The way she finds a balance between building her business strategy and also wearing “multiple hats”

    With grit & gratitude,

    Lisé

    LINKS:

    https://www.cybstudios.com/

    https://www.instagram.com/cybstudios/

    https://www.facebook.com/cybstudios

    https://www.linkedin.com/in/stephanie-moran-87365a9/

    https://www.instagram.com/studiogrowco

    https://www.boutiquefitnesscoalition.com/

    https://www.boutiquefitnesscoalition.com/press

    https://www.facebook.com/groups/3312618912101211/

    Recommended Episodes

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

      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…

      Listen Now

    • The Mindset of Financing: How to Fund Your Studio's Growth

      I get it – funding and financing can be daunting when starting or expanding your studio. In this 3-part podcast series, we’ll uncover some of the mystery to boost your comfort level.   Coach Caroline Plambeck and Coach Alex Lavelle start with the foundation in Episode 652: The Mindset of Financing: How to Fund Your Studio's…

      Listen Now

    • Difficult Dialogues in Boutique Fitness, Part 2

      A smarter approach than avoiding conversations that feel uncomfortable is confronting them thoughtfully. So stop dodging and start diving in.    But first, have a process in place. Coach Matt Hanton and Coach Rachel Prairie offer tested recos in Episode 651: Difficult Dialogues in Boutique Fitness, Part 2.  Ultimately, strive for productive conversations that strengthen your…

      Listen Now

    • Building a Strong Foundation: Key Strategies for Studio Success

      Y’all, I know that scaling your business seems kinda like a pipedream when you’re eyeballs-deep in teaching classes, whipping up marketing, running payroll and washing towels.  But pause for just a moment to learn how to lay the groundwork with Coach Caroline Plambeck and guest Vince Gabriele, a gym owner, author and business coach, in…

      Listen Now