Every studio owner encounters rough waters along their journey. So expect it. Then recognize the difference between sinking and sailing often comes down to what you do next.
In Episode 687: How to Turn Your Studio Around -- Part 2, Alina Cooper and I continue navigating the practical steps, tough choices and mindset shifts that can get you to calmer seas.
Invite input: regularly ask for—and gratefully receive—honest feedback
Don't guess—assess: carefully analyze key metrics and every part of your business
Stop the bleeding: stabilize cash flow by immediately pausing non-essential expenses
Score quick wins: target lapsed clients, run winback campaigns, encourage referrals
Get your team on board: be transparent, invite ideas and share results
The vast majority of issues can be addressed to pivot within 90 days. Draft your turnaround plan, adopt a win-win attitude and take action with Episode 687.
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.linkedin.com/company/studio-growco/
