The Business of Boutique Fitness cover image

The Business of Boutique Fitness

636: Balancing Passion With Profit

Nov 14, 2024
18:09

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,

 

Lise

 

PS: Join 2,000+ studio owners who’ve decided to take control of their studio business and build their freedom empire. Subscribe HERE and join the party!

www.studiogrow.co

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

 

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner