Here’s what we’ll cover in Episode 530:

• Why it can be harmful to not know your numbers
  
  
• The big mistakes studio owners make around cash flow in business
  
  
• How to get over the mindset of not paying yourself until everyone else is paid
  
  
• What a “profit first” mindset looks like and the first steps towards getting there
  
  
• What Peter realized once he started tracking his payroll and staffing costs

Tune in now to learn how you can become passionate about growing a thriving and sustainable business!

LINKS:

https://training.studiogrow.co/dare 

https://theroom.ae/

https://www.instagram.com/peterpastijn/

Profit First for Microgyms: A Simple System for Healthy Cashflow by John Briggs

Here’s what I’m talking about in Episode 529:

• Whether you need to raise your prices because of inflation, and if so, how high is too high
  
  
• Shifts in the commercial rental markets to be aware of and how to adjust your business model accordingly
  
  
• Why scholarship-based programs will be so important moving forward
  
  
• Ways to adjust your employee compensation plans and team positions to fully benefit your business model
  
  
• Why having a focus on retail will be so crucial during this upcoming recession
  
  
• Two big things to do now to move your business forward

Here’s what we’re talking about in this episode:

• A closer look at what an exit plan is
  
  
• Why having an exit plan is one of the most important things for you to put into place right now 
  
  
• 6 steps to planning your perfect exit plan
  
  
• What the philosophy of “hire well and train even better” is and what it will allow you to do when executing your exit plan 

LINKS:

https://training.studiogrow.co/challenge-optin

https://studiogrow.co/episode526/

https://studiogrow.co/episode526/

https://studiogrow.co/episode525/

Here’s what we’ll cover in this episode:

• 2 pathways for beating your competitors (and why focusing on customer experience is always the best option)
  
  
• How to use customer feedback to improve customer experience
  
  
• Tools that Beth and Heather use to gather feedback
  
  
• How to strike 1-on-1 conversations with members to make them feel seen and heard
  
• 4 key areas to focus on when building your client journey.

LINKS:

https://studiogrow.co/episode526/ 

https://studiogrow.co/episode525/