What We Cover In This Episode:

• How to determine whether you should host an outside teacher training as a simple space rental or take on the undertaking of building your own in house program [1:34]
• What to understand about strategic pricing for profitable retreats [5:08]
• Insights on protecting the studio from personal brand overlap and why a teacher growing their brand isn't a threat [8:54]
• Some of the big reasons that retreats and trainings can quickly create chaos and how leveraging support calls and standardized SOPs helps eliminate much of it [10:24]

Quotes:

"So a lot of this just comes down to intentionality. What do you personally want out of the retreat?" [Nick, 6:14]

"Lack of structure is the threat. If the retreat is marketed under your studio name, there should be a written agreement outlining revenue share, liability, branding usage and data ownership." [Nick, 9:02]

"This shouldn't be a one-and-done thing. This should be [that] you are expanding your revenue opportunities and this is intended to be once a year, twice a year, a recurring piece of your operations, which means there should be a standardized format." [Megan, 11:58]

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