As the studio owner you are kind of like the coach of a world championship team. You can have all the talent in the world, but it’s how you coach, mentor and bring them together that really matters.
A world-class coach doesn’t just roll out the balls at the beginning of the year and say good luck – instead there is a lot of hard work, perseverance, communication, discipline, practice and growth that happens throughout the season.
And that’s exactly what you must do as the studio owner – constantly mentor, motivate, coach, inspire, teach, train and evolve your team.
So how do you that? Through communication and regular meetings.
First and foremost, we recommend a regular team meeting (ideally weekly but at a minimum monthly).
You may be thinking, “I don’t have time to meet” or “I don’t want to waste my team’s time.”
Well – we’d like to argue that you really can’t afford not to meet if you want...
Vibe check – how you doing studio owner? It’s officially week 8 of the stay at home order, and by now you probably have a bit of a routine going. Congratulations to you for how far you’ve come and how much progress you’ve made over the last few weeks. You are.still.standing!
However, you are not done, and the job of a studio owner is always an adventure – especially as many of us turn our thoughts to how and when to reopen our studios. It’s definitely something we are thinking long and hard about, and currently we are making plans for a slow and safe (as possible) reopen. We’re brainstorming, strategizing, talking with our team, moving equipment around, setting new protocols and making sure our physical space is ready.
In addition to creating a safe physical space it is also critical that you have clear plan for profitablity in your business. In particular you need a clear way to measure how your business is doing so you can make...
We’re rounding the corner to week 5 since our studio shut down, and yes, we are officially over it. The roller coaster of emotions is almost too much to handle at times, but like you we keep persevering. We hope you are hanging in there, you are healthy, and staying safe and strong. It’s ok if you’re not… these are hard times indeed.
Running a business through a global pandemic is not something we’re necessarily familiar with so each and every day we are learning something new about our business, our team, and ourselves as leaders.
Here are the top 6 lessons we are learning. There are many, but we’ll leave you with the top 6.
1) Health is everything – When the pandemic started we had a hard time distinguishing between the fear of shuttering our business and the fear of the virus itself. One thing this virus reminds us is that life is short, there are no guarantees and being physically, emotionally, mentally and spiritually...
We hear from so many wellness entrepreneurs about how they would like to take a step back and spend more time working ON their businesses and less time working IN their businesses.
Of course just as soon as they say that, fear bubbles straight up to the surface.. They start thinking… "Oh my goodness, I'm training clients, or I'm working with people one on one, and I know that I'm bringing money in… what will happen if I take a step back?”
It is possible to gradually step away from working so much in your business and shift your focus to more strategic goals, but you must be smart about how you do it.
First take a look at your all-around pricing. How are you pricing your services? What kind of fees are you setting? Are you actually demanding what you're worth?
Examine your own thoughts about money and make sure you are leading with a “worth it” mindset. Remember that you are offering a tremendous value to your clients – a gift of health and wellness...
Just enter your name and email so we know where to send your download link to. Thanks in advance!