• 635: Balancing Passion With Profit

  • Nov 7 2024
  • Length: 12 mins
  • Podcast

635: Balancing Passion With Profit

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  • Summary

  • 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/
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