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
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