Fueled by a dream and deep passion, good-intentioned studio owners can become so consumed with the day-to-day of the business that they miss warning signs of critical problems.
But caught early, you can turn these issues around. Learn what to look for and what to do in my discussion with Alina Cooper in Episode 685: How to Turn Your Studio Around -- Part 1.
Embrace self-awareness: deliberately enhance your emotional intelligence
Take accountability: own issues rather than ignoring them or blaming others
Make the time: prioritize problems immediately before they get worse
Know your numbers: constantly track trends—revenue, profit, attendance and churn
Step back: get out of your studio and dive deep into the data to create an action plan
For more practical recommendations, check out The Oz Principle by Craig Hickman and Roger Connors. Find out how to recognize red flags and get your studio back on track in Episode 685.
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!
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