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Starting a Yoga business with an Exit Plan in mind
Manage episode 293738610 series 2916180
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with Terri Fry
On this episode I speak with Terri Fry about how she started her business with an exit plan in mind right from day one. I love this!
Terri built her business to be a profitable and eventually sellable yoga studio. She also sold her business right in the middle of the pandemic!
Terri is a bundle of high energy with a DIY attitude who thrives on challenges. Her first words, according to her late mother, were “I do myself.” With that innate mindset, Terri isn’t afraid of taking risks and trying new things.
Terri’s work life began at an early age helping in the family run business in Monterey, California. Her horizons and knowledge-base expanded when she moved to the San Francisco Bay Area and began her professional sales career working for a Fortune 500 company.
A major life event motivated Terri to opt out of corporate America and follow her passion for yoga. She left corporate America with no regrets and no looking in the rear view mirror to pursue a new career path as a yoga teacher. This was the springboard which propelled her onto the entrepreneurship path of yoga studio ownership.
Having achieved all the goals Terri had set for the studio, she sold it in July 2020. Yes, in the middle of a pandemic! Terri’s next career chapter as a business consultant has begun. Putting her 30+ years of experience to good use, Terri recently launched Sweat Drop Consulting focusing on boutique yoga and fitness studios.
Terri earned a Bachelor of Arts from The University of California at Santa Barbara and a Master of Arts in Organizational Management from the University of Phoenix. She holds numerous yoga training certificates including one from the Yoga Alliance. Terri’s also a Certified Mindbody Business Consultant.
When not doing yoga, Terri is an avid walker (she love’s her Fitbit!), a quilter, a great reader of historical fiction and enjoys spending time with family.
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Michael Jay - Yoga Biz Champ
Michael Jay, the Yoga Biz Champ, stands as the go-to Yoga Business Consultant, embarked on a mission to elevate yoga studios from mere survival to genuine thriving.
With a rich background as a yoga teacher, former studio owner, marketing expert, and yoga studio business coach, he possesses the insider knowledge necessary to elevate your yoga venture to new heights.
His passion for yoga, combined with a sharp business acumen and a sincere desire to see studio owners excel, encapsulates his professional ethos. Michael is not one to offer one-size-fits-all advice; instead, he's dedicated to providing tailored guidance, tangible outcomes, and supporting your studio to emerge as the next Yoga Biz Champ in your community.
- Certified Yoga Biz Consultant •
- FitTech Partner •
- Yoga Studio Launch & Growth Specialist
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https://yogabizchamp.link/podlink
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