Creating a Prosperous Yoga Studio & Business with Chris Cannon

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This week on the podcast I am talking with Chris Cannon. Chris is the founder of Studio Prosperity and the host of The Studio Prosperity podcast. Chris and I had the pleasure of meeting in Mexico City and recording this in person!

On this episode, we talk about all things yoga studios and yoga business, including why it’s okay to make money and still be spiritual, why software and systems are important in your yoga studio, the relationship between the studio owner and the teacher, and why being competitive can actually harm your business instead of make it thrive.

Enjoy!

Business Lessons from this Episode: 

  • As a yoga studio, it’s important to have a software in place
  • It’s important to make sure you that you have the resources necessary so that you can continue sharing your gifts
  • Bring your yoga and offerings into the modern world – making money is one of those things!
  • Collaboration over competition!
  • Share as many resources as you can with people in your tribe
  • When there is competitive energy in your studio space, students and teachers will pick up on it!
  • It’s not beneficial to limit your yoga teachers to only teaching at your studio
  • As a studio owner, encourage your yoga teachers to be entrepreneurs and business owners – this will attract the best yoga teachers to your studio
  • Find studios that align with your strengths and your yoga brand
  • As a teacher, you should always have a conversation with the studio owner to see what’s appropriate for you to offer at the studio (privates, email newsletters, workshops, etc.)
  • Have a solid cancellation policy and follow through with it
  • Automate as much as you can with your studio software
  • Improve your retail section – it’s an extra source of income and it’s a great way to improve the ambiance of your studio
  • Use a CRM like Mindbody Online or Wellness Living
    • Send out notifications
  • And much more… Here’s the episode!

Connect with Chris:

Studio Prosperity
Studio Prosperity Facebook Group

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This episode of the podcast is brought to you by FavYogis! Here’s a business tool that’s really going to change the lives of yoga teachers.
The FavYogis app puts control and freedom in your hands. You can update your class schedule, offer YOUR OWN classes ANYWHERE, ANYTIME; and GET PAID all from your phone!
No more updating your schedule in multiple places and paying a ton of money each month for a software platform where students MIGHT stumble across your classes. Students simply open FavYogis and your schedule will be there.
On top of being able to send students notifications about class updates, set prices and ticket availability, and auto-send reminders to your students, you can also post workshops and events that will allow you to reach organic traffic through the search feature that you may never have been able to reach through simply putting the events on your website.
Head on over to the app store and download FavYogis for free! Use code MBOM and let them know that I sent you or sign up here!

Photos of Chris: 

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About the Podcast

Weekly interviews for yoga teachers packed with information to help you create, grow or expand your yoga business! Whether you are brand new to business or looking to take your business to the next level, there’s something for you.

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