145: Before You Open a Yoga Studio with Shannon Crow

The Connected Yoga Teacher Podcast 145: Before You Open a Yoga Studio with Shannon Crow   Description: Have you always dreamed of opening your own yoga studio? Or are you tired of never being able to set your schedule exactly how you want it, and think that opening your own studio would solve those challenges? Perhaps, you've already made up your mind to open a yoga studio and are looking for guidance on how to go about it. Shannon Crow dives into all these and more, on this episode.   Having managed multiple yoga studios in the past, and been approached by two yoga studios to purchase a yoga studio, Shannon has no stranger to the topic of opening, running and managing a yoga studio. She has used a 3-stage process to ask herself if this path is right for her, and on this episode, shares exactly how you can walk through the process too.   This episode is meant for anyone who has dreamed of opening a yoga studio or anyone who is currently "living the dream" of running a yoga studio. Touching on everything related to opening a yoga studio from what your dream of an ideal yoga studio looks like, to the various models of yoga studios that you can consider, to the questions you should be asking yourself, this episode is a great place to start if being a yoga studio owner is on your bucket list.   Key Takeaways: [2:05] This episode is all about opening a yoga studio. [2:35] If your dream is to open a yoga studio, start by defining what that looks like. [3:41] Another way to approach this is to ask yourself what are the things that are really bugging you about your current situation. [5:09] Check out the hot tip of the week from Schedulicity. [6:55] Shannon shares some ideas for yoga studios and invites you to think outside the box! [11:48] Shannon does a quick recap, and reveals a little bit of her background with yoga studios before diving into some tough questions. [14:41] Do you like the administrative side of running a yoga business? [16:44] Do you love managing people? [20:32] Do you love competition and collaboration? [22:27] Do you love being responsible for a whole group of people? [24:55] How much do you love thinking about the smallest details? [27:02] Your yoga teachers are your brand, but the entire yoga studio also has a brand. [28:28] Having a yoga studio means that you're tied to a place. Are you ready for that? [29:57] As a yoga studio owner, you have to take into account legal and insurance considerations. [32:45] The last consideration Shannon would like to highlight is around schedule. [34:51] How does listening to this episode make you feel about opening a yoga studio? [37:48] Share your thoughts with Shannon!   Links: The Connected Yoga Teacher Podcast Episode 93: How to Build a Home Studio with Jo Stewart & Rane Bowen The Connected Yoga Teacher Podcast Episode 78: Creating an Online Yoga Studio with Brea Johnson The Connected Yoga Teacher Podcast Episode 143: Should I Start a Non-Profit? with Jessica Kinsey The Connected Yoga Teacher Podcast Episode 44: Accounting for Yoga Teachers with Hannah Smolinski  The Connected Yoga Teacher Podcast Episode 101: What I Learned as a Yoga Studio Manager with Shannon Crow The Connected Yoga Teacher Podcast Episode 103: Hiring and Nurturing Your Team with Shelli Warren The Connected Yoga Teacher Podcast Episode 64: Getting Hired by a Yoga Studio with Kristen Sweeney The Connected Yoga Teacher Podcast Episode 057: Feng Shui Your Yoga Space with Marina V Umali Yoga Studio Etiquette: Getting Along in the Yoga Studio The Connected Yoga Teacher Podcast Episode 128: Ayurveda, Doshas & Yoga with Angela Glaz The Connected Yoga Teacher Podcast Episode 104: Legal Answers for Your Yoga Business with Saerin Ally Cho The Connected Yoga Teacher Podcast Episode 105: Insurance for Yoga Teachers with Beth McVeigh The Connected Yoga Teacher Podcast Episode 102: Mission Statements & Core Values with Steve Hart Gratitude to our Sponsor Schedulicity and Pelvic Health Professionals   Quotes from this episode: "If your dream is to open a yoga studio, let's first define what does that look like."   "At the beginning, we opened with that dreaming part, and now, I want to hit home some reality pieces that come in when managing a yoga studio, when owning a yoga studio, when running a yoga studio."   "When we have responsibilities, we have to set those healthy boundaries."   "With a yoga studio, you are tied to a location."