The Business of Jiu Jitsu

Ep. 86 - Know your numbers, CEO time, and asking the right questions to grow.


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Summary

In this episode of the Business of Jiu-Jitsu podcast, JP Levesque discusses how Jiu-Jitsu academy owners can achieve consistent growth and turn their academies into successful businesses. He emphasizes the importance of understanding key metrics such as student retention, revenue, and profit margins. JP also highlights the need for dedicated CEO time to strategize and plan for the future, encouraging owners to set clear goals and understand their business's potential. The conversation wraps up with actionable steps for academy owners to start seeing growth and improvement in their operations.akeawaysYou need to measure what matters in your business.Understanding churn is crucial for growth.Average client value can be increased through additional offerings.Setting aside CEO time is essential for business improvement.Identify your biggest constraints to growth.Evaluate what has worked and what hasn't in the past.Look at successful academies for inspiration.Define what you want your business to achieve.Your business can be a lifestyle choice or a legacy.Knowing your numbers helps you make informed decisions.

As always if you want some help growing your academy head on over to www.GrowJitsu.com/book to download a free copy of my book 'The Unstuck Academy' so you can start seeing growth in your business today.

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The Business of Jiu JitsuBy JP Levesque