| Friend,
Ever hear that old saw about how "it takes money to make money?"
It's very true. Not that you need a ton of money to start a dojo or make it grow. In fact, I think bootstrapping is the best approach to starting a martial art school.
Even so, it takes some money to grow a dojo, even following the Small Dojo Big Profits methods.
And one thing that will tank an established dojo and stunt a new dojo's growth is when the owner pulls every last dime of profit out of the business.
See, you have to reinvest some of your profits back into your school to maintain it and to make it grow.
Check out today's article for more on reinvesting back into your dojo:
Until next time,
Mike Massie MartialArtsBusinessDaily.com
Quick-start Guide to My Books and Resources: - Looking for a list of books and resources I've written? Click here! - Need business coaching to grow your dojo? Click here…
P.S. - My new book, Martial Art School Business Growth Strategies, will go on sale tomorrow. I found some typos in the manuscript yesterday, but I won't be able to update the ebook files until it goes on sale. So, if you pre-ordered and you notice some misspellings or grammatical errors, be sure to delete and download a fresh copy of the book next week so you get the updated version. |
